FTR(SRL)

BE 0683.714.891

Financial data from FTR

	2024		2023		2022		2021
Profit/Loss Section 9904 Profit/Loss of the financial year (after taxes on result) (+/-)	€ 11,550	-85 %	€ 78,621	206 %	€ 25,704	-79 %	€ 122,542
Equity Section 10/15 Equity consists of capital, capital reserves and earnings that remain within the company. These are fully owned by the company and are at its disposal to cover its risks. The better the ratio between equity and debts, the more solvent a company is. A positive equity ratio is important. A negative equity ratio (because of accumulated losses) is a severe warning sign that the continuity of the company may be threatened.	€ 155,317	0 %	€ 154,955	17 %	€ 132,235	5 %	€ 126,080
Gross margin Section 9900 Gross margin or added value is net sales minus the direct costs of the goods sold. In other words: sales invoices minus purchase invoices. A negative gross margin is a warning sign especially when occurring over several years. It may indicate that the company has insufficient means to cover internal costs like salaries, etc.	€ 1,185,751	-16 %	€ 1,404,147	18 %	€ 1,192,500	7 %	€ 1,111,552
Employees Section 9087 Average number of staff in full time equivalents	21		24		24		21

Publications from FTR

	Date	Publication
	28-12-2023	Articles of Association (Translation, Coordination, Other Modifications, …) - Modification Legal Form - Registered Office - Resignations - Appointments (NL)
	22-06-2020	Registered Office (NL)
	11-05-2018	Registered Office (NL)
	27-10-2017	Rubric Constitution (New Juridical Person, Opening Branch, etc...) (NL)

Frequently asked questions

What is the VAT number of First Time Right?

The VAT number of First Time Right is BE0683714891.

When was First Time Right founded?

First Time Right was founded on 25-10-2017.

What is the address of First Time Right?

The current registered office of First Time Right is located at Biezeweg 9, 9230 Wetteren.

When was the last time First Time Right filed their annual financial statements?

The most recent financial statements of First Time Right were filed on 02-06-2025. You can view them here.

How many employees does First Time Right have?

There are 20,8 FTEs working at First Time Right according to the staff figures in the most recent financial statements.

What is the annual turnover of First Time Right?

At the time of its most recent financial statements, First Time Right did not publish any turnover figures. First Time Right reported a gross margin of €1,185,750.88.