Turnover
≈ €59,000 estimated
The micro format states no turnover.
Faastic
Lifetime
2 annual accounts with figures on one time axispeak €7,765 (2025)
€7,765▲ €16,416
lowest -€13,571 (2024)
€4,928▲ €18,499
peak €11,357 (2025)
€11,357▲ 76.7%
€3,616▲ 21×
Board2 names since 2023
2 directorsMYLLE,Louis Joël and 1 other
Documentsfilings and deeds
19-01-202612 days before the deadline
2025micro format
Gross margin from -€8,651 to €7,765Back to profit: €4,928Equity from €6,429 to €11,357Debts from €173 to €3,616Cash from €2,004 to €12,702
Key points
from the 2025 annual accountsLiquidity
3.56 was 14.89 in 2024
Short-term debts rose from €158 to €3,601.
Starting capital
€20,000 20,000 shares
Checked score
97
Excellent
Financially stronger than 85% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.8%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.2%▼ -0.6 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.1%▼ -0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €14,973
Founded in 2023
lowers risk
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Liquidity: current ratio 3.56, cash €12,702
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 86% of them on solvency, 82% on liquidity, 85% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Faastic has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Faastic itself is lower: 0.1% within 12 months. It rests on far more data about Faastic than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Faastic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.56 (14.89 in 2024), above the usual 1.5. Short-term debt is 24% and cash 84.8% of total assets. 24.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
12 days early
2024
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 20 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- VAN STICHEL,Stein Henri Marguerite Yves Ghislain founderdeed of 24-08-2023
- MYLLE,Louis Joël founderdeed of 24-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805008443
Incorporation
Founding capital of €20,000, 20,000 shares · Founders: VAN STICHEL, Stein Henri Marguerite Yves Ghislain; MYLLE, Louis Joël · Appointments: VAN STICHEL, Stein Henri Marguerite Yves Ghislain (director) and MYLLE, Louis Joël (director) · published on 24-08-2023 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Faastic: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €13,800 and €29,500, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 22-08-2023Normal situation
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 4 others
- Establishment units
- 2.348.431.8619920 Lievegem, since 22-08-2023
- 2.354.900.4749051 Ghent, since 22-08-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 22-12-2025
Annual accounts to 30-06-2025
- €14,973▲ 127%
- Filing
- Filed on 19-01-2026, 12 days before the end of the filing period
Insights on Faastic
Faastic has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,357 and a net result of €4,928.
Its solvency ranks better than 72% of 2,302 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Faastic
- What is the company number of Faastic?
- The company number of Faastic is 0805.008.443. The VAT number is the same number with BE in front: BE 0805.008.443.
- Where is Faastic based?
- The registered office is at Begoniastraat 28, 9920 Lievegem.Company details
- What does Faastic do?
- According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
- What is the legal form of Faastic?
- Faastic is a private limited company (BV).
- When was Faastic founded?
- Faastic was founded on 22-08-2023.
- Is Faastic still active?
- Yes, Faastic is an active enterprise in the KBO register.
- What is the turnover of Faastic?
- The turnover in financial year 2025 is ≈ €59,000. This figure is estimated from the gross margin of €7,765 and 6,299 comparable companies of the same size. It probably lies between €27,000 and €140,000. It is a rough estimate.Financials
- Is Faastic profitable?
- In financial year 2025, Faastic made a profit of €4,928.
- Where can I find the annual accounts of Faastic?
- Faastic filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Faastic due?
- Faastic must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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