Faast
ActiveSummary
The annual accounts of Faast for fiscal year 2025 show a net loss of 62% of total assets. The 2025 annual accounts show equity of €31,519 and a net result of -€25,434. Its solvency ranks better than 70% of 17213 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 2 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,227 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,947 | €10,684 | ▲ 7.4% |
| Other operating charges640/8 | €286 | €186 | ▼ 35.0% |
| Gross operating margin9900 | €42,513 | -€14,487 | ▼ 134% |
| Operating profit (loss)9901 | €32,281 | -€25,357 | ▼ 179% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €77 | €78 | ▲ 0.6% |
| Recurring financial charges65 | €77 | €78 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €32,204 | -€25,434 | ▼ 179% |
| Profit (loss) for the period9904 | €32,204 | -€25,434 | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €32,204 | -€25,434 | ▼ 179% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €102,931 | €41,043 | ▼ 60.1% |
| Fixed assets21/28 | €39,786 | €32,789 | ▼ 17.6% |
| Intangible fixed assets21 | €18,445 | €13,834 | ▼ 25.0% |
| Tangible fixed assets22/27 | €21,341 | €18,955 | ▼ 11.2% |
| Plant, machinery and equipment23 | €18,963 | €14,222 | ▼ 25.0% |
| Furniture and vehicles24 | €2,378 | €4,733 | ▲ 99.0% |
| Current assets29/58 | €63,145 | €8,254 | ▼ 86.9% |
| Amounts receivable within one year40/41 | €3,282 | €1,028 | ▼ 68.7% |
| Other amounts receivable41 | €3,282 | €1,028 | ▼ 68.7% |
| Cash at bank and in hand54/58 | €59,863 | €7,226 | ▼ 87.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €102,931 | €41,043 | ▼ 60.1% |
| Equity10/15 | €56,954 | €31,519 | ▼ 44.7% |
| Contributions10/11 | €24,750 | €24,750 | = |
| Reserves13 | €32,204 | €32,204 | = |
| Distributable reserves133 | €32,204 | €32,204 | = |
| Profit (loss) carried forward14 | - | -€25,434 | - |
| Amounts payable17/49 | €45,977 | €9,524 | ▼ 79.3% |
| Amounts payable within one year42/48 | €45,977 | €9,524 | ▼ 79.3% |
| Trade debts44 | €43,727 | €5,499 | ▼ 87.4% |
| Suppliers440/4 | €43,727 | €5,499 | ▼ 87.4% |
| Other amounts payable47/48 | €2,250 | €4,024 | ▲ 78.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €32,204 | -€25,434 | ▼ 179% |
| + Depreciation and write-downs630 | €9,947 | €10,684 | ▲ 7.4% |
| Operating cash flow (approximation) | €42,150 | -€14,751 | ▼ 135% |
| Investment in fixed assets (approximation) | - | -€3,686 | - |
| Change in cash | - | -€52,637 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0062/00Y003indicative | Flanders | 1.0 ha | 1 · 788 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 50,000 EUR awarded · 50,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 25,000 EUR |
| 2023 | 1 | 50,000 EUR | 25,000 EUR |
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.