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FIRST OPTION TECH

Active
Kallobaan(BEV) 33 ·9120 Beveren-Kruibeke-Zwijndrecht, Belgium
KBO/BCE: BE 1001.080.877
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Age2 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of FIRST OPTION TECH is 3.6% (moderate). The 2024 annual accounts show equity of €19k and a net result of €16k. Its solvency ranks better than 70% of 96 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 22-09-2025 53 d late 2025-00499605

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.6% Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€16k
Working capital€19k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 22-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 61 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 61.6% 34.4%
better than 70% of 96 sector peers
Net result €16k €5k
better than 65% of 96 sector peers
Equity €19k €17k
better than 52% of 96 sector peers
Gross operating margin €17k €22k
better than 44% of 96 sector peers
Total assets €30k €57k
better than 25% of 96 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€16k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€30k
Equity€19k
Debt€12k
of which ≤ 1y€12k
of which > 1y-
Working capital€19k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.61
Quick ratio2.61
Working capital ratio61.6%
Solvency61.6%
Debt / equity0.62
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA51.7%
ROE84.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (17 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€30k
Current assets 29/58€30k
Amounts receivable within one year 40/41€10k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€30k
Equity 10/15€19k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€16k
Amounts payable 17/49€12k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€17k
Operating result 9901€16k
Financial charges 65€68
Result before taxes 9903€16k
Net result for the period 9904€16k
Result to be appropriated 9905€16k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
85 / 100 Excellent
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
FIRST OPTION TECH
Kallobaan(BEV) 33, 9120 Beveren-Kruibeke-ZwijndrechtDraadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
since 20242.360.021.183
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area276 m²
Buildings1
Building footprint81 m²
Volume (LiDAR)429 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46003B0471/00M004 Flanders 276 m² 1 · 81 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health85Profitability100Solvency99Growth-Stability67
88 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 85
Profitability 100
Solvency 99
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet61100Draadloze telecommunicatie61200Draadgebonden telecommunicatie61100Wederverkoop van telecommunicatie en bemiddelingsactiviteiten in verband met telecommunicatie61200Overige telecommunicatie61900
Primary activity highlighted.
Names & trade names
Legal nameNL FIRST OPTION TECH
Registered office
Kallobaan(BEV) 33
9120 Beveren-Kruibeke-Zwijndrecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.