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AD FAST

Active
Private limited companyfounded 200818 yrs activeRue Nicolas Mornard(MEL) 15, 4633 Soumagne, BelgiumKBO/BCE: BE 0898.578.801
Summary

The computed 12-month bankruptcy probability of AD FAST is 1.9% (moderate). The annual accounts of AD FAST for fiscal year 2025 show a net loss of 53% of total assets. The 2025 annual accounts show equity of €14,618 and a net result of -€19,032. Equity is shrinking by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 8200 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201Other building finishing work NACE 43350
1 site
How big
€35,702total assets 2025
Equity
€14,618
Loss
-€19,032
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
1.9%
Who decides
Board
1 member
Accounts 86 d early1 of 3 deeds read
Why 52- 1 change of registered office in 24 months- Loss of €19,032 (FY 2025)- Sector Construction of residential and non-residential buildings (NACE 41)+ Founded in 2008Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 22% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 66-34
equity 40.9% of total assets
Liquidity 31-19
short-term debt 59.1% · cash 9.2%
Profitability 0-77
return on assets -53.3%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,168 companies)
  • 1 change of registered office in 24 months raises the probability
  • Loss of €19,032 (FY 2025) raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
  • Founded in 2008 lowers the probability for this profile
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.69 against 8.38 in 2024; short-term debt: 59.1% and cash: 9.2% of total assets), but 59.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 49%, liquidity 26%, profitability 5%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Loss of €19,032 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 2008
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
86 d early
2024
27 d late
2023
on the day
2022
28 d late
2021
83 d late
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignations: PALILLO Piero (manager) and GIAMBRA…Appointment: DUISTERS Alan Henri Georges…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €8,346 · 8,193 companies -€19,032 View
  • Caution: Board changedlatest change 13-05-2026 · 1 in office 1 joined · 2 left View
  • Total assets 20256 fiscal years filed €35,702 View

By topic

Financials

Fiscal year
2025
Total assets
€35,702
Loss
-€19,032
Solvency
40.9%
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 13-05-2026Resignations: PALILLO Piero (manager) and GIAMBRA Angelo…
  2. 06-05-2026Annual accounts filed
  3. 27-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
16-06-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Annual meeting
Second Friday of June at 15:00
Purpose
Toutes opérations industrielles,commerciales,financières,mobilières ou immobilières se…
Go to Articles of association

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