What is the main business of First Commerce Group?

The main business activity of First Commerce Group focuses on computer programming activities.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on May 23, 2018.

Where is the headquarters located?

The headquarters is located at: Białystok.

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2020 to December 31, 2020.

What revenue was generated?

In 2020, the company generated total revenue of $48,407, representing a decrease of 61.6% compared to 2019.

Is the company profitable?

No, the company recorded a net loss of $5,444 in 2020. For comparison, in 2019 the loss was $410, representing a multi-fold increase in the loss compared to 2019.

What is the largest operating cost?

The largest operating cost category falls under external services. This category amounted to $50,313 in 2020, representing 100% of all operating expenses.

First Commerce Groupsp. z o.o.

Computer programming activities

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2018-05-23

Share capital

5 000,00 PLN

Registered address

Białystok, Poland

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2021 – the filing deadline has passed. 2 of 3 financial statements were filed late (the longest delay 176 days for 2019).

2021not filed
202009/04/2021
201909/04/2021
201830/12/2019

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2020.

Results vs industry

Revenue

This companyUSD 48.41kMedianUSD 120.81kAverageUSD 1.77m

Net profit

This companyUSD -5.44kMedianUSD 2.93kAverageUSD 25.50k

Operating costs

This companyUSD 50.53kMedianUSD 112.91kAverageUSD 1.69m

Assets

This companyUSD 6.58kMedianUSD 79.64kAverageUSD 1.14m

Industry

Authorized Representatives

Vadym Inde – President of the Management Board

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Vadym Indeage 49	95	$1,283.09	95%
Others	5	$67.53	5%

Beneficial owners

No beneficial owners recorded for the company First Commerce Group.

Bank accounts

Was a VAT taxpayer from 2018-06-01 to 2025-09-08.

Reason for removal: Art. 96 ust. 9a pkt 2 (VAT returns not filed for 3 consecutive months or a quarter)

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Holo4labsS.A.	$80,885.39	holo4labs.com
Storywindsp. z o.o.	$76,924.92	storywind.pl
Lendidea.Comsp. z o.o.	$57,207.51	lendidea.com
Just Innovatesp. z o.o.	$56,080.36	justinnovate.pl
Trefixsp. z o.o.	$54,610.31	trefix.co
Franglle.Plsp. z o.o.	$45,950.57	franglle.pl
Oneifsp. z o.o.	$30,021.77	oneif.pl
Encor.Plsp. z o.o.	$27,266.67	encor.pl
Kantantesp. z o.o.	$16,050.34	kantante.eu
ExchordS.A.	$8,341.29	exchord.com

Change history

Date	Event
2025-05-28	Business resumed
2024-04-17	Address change (Hetmańska 40/112, 15-727, Białystok → Białystok)
2021-01-21	Business suspended
2018-05-23	Entered in the register

FAQ

Last updated: 2026-04-07