FAST CLEANING
InactiveFAST CLEANING was declared bankrupt on 26-02-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 16-06-2025, published in the Belgian State Gazette on 23-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-06-2022, 45 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
45 d early
2020
59 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 53 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, abbreviated schema
Turnover
€91,677▼ 19.0%
2020 · €113,174
EBIT margin
-8.5%▼ 4.8pp
2020 · -3.7%
Net result
-€9,209▼ 56.2%
2020 · -€5,896
Working capital
-€7,621
2020 · €13,117
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€131,903€113,174▼ 14.2%€91,677▼ 19.0%
Operating result€5,173--€13,607-€4,154▲ 69.5%-€7,769▼ 87.0%
Net result€2,667--€15,500-€5,896▲ 62.0%-€9,209▼ 56.2%
EBIT margin-10.3%-3.7%▲ 6.6pp-8.5%▼ 4.8pp
Equity€30,706-€15,206▼ 50.5%€15,510▲ 2.0%€6,301▼ 59.4%
Total assets€33,304-€45,263▲ 35.9%€21,194▼ 53.2%€27,793▲ 31.1%
Debt€2,597-€30,057▲ 1,057%€5,684▼ 81.1%€21,491▲ 278%
Working capital€28,017-€17,644▼ 37.0%€13,117▼ 25.7%-€7,621
Staff (FTE)1.6-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,769 in 2021 against €4,154 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €27,793
Fixed assets
€13,922 ▲ 482%
Current assets
€13,871 ▼ 26.2%
Equity and liabilities €27,793
Equity
€6,301 ▼ 59.4%
Debt
€21,491 ▲ 278%
Debt's share of the balance-sheet total rises from 26.8% to 77.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,948▼
2020 · -€2,160
Cash flow
-€6,388▼
2020 · -€3,902
Current ratio
0.65▼
2020 · 3.31
Debt to equity
3.41
ROE
-146.1%▼
2020 · -38.0%
ROA
-33.1%▼
2020 · -27.8%
Interest coverage
-3.40
Debt ≤ 1 year
€21,491▲
2020 · €5,684
Staff costs
€49
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €131,903 | €113,174 | €91,677 | ▼ 19.0% |
| Non-recurring operating income76A | - | - | - | €510 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €102,811 | - |
| Remuneration, social security and pensions62 | - | - | - | €49 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,164 | €2,044 | €1,994 | €2,821 | ▲ 41.5% |
| Other operating charges640/8 | - | - | - | €2,614 | - |
| Gross operating margin9900 | €67,979 | €158 | -€1,081 | -€2,284 | ▼ 111% |
| Operating profit (loss)9901 | €5,173 | -€13,607 | -€4,154 | -€7,769 | ▼ 87.0% |
| Financial income75/76B | - | - | - | €13 | - |
| Recurring financial income75 | €2,023 | €754 | €497 | €13 | ▼ 97.3% |
| Financial charges65/66B | - | - | - | €1,454 | - |
| Recurring financial charges65 | €1,829 | €2,713 | €1,988 | €1,454 | ▼ 26.9% |
| Profit (loss) for the period before taxes9903 | €5,367 | -€15,566 | -€5,645 | -€9,209 | ▼ 63.1% |
| Income taxes67/77 | €2,700 | -€66 | €251 | - | - |
| Profit (loss) for the period9904 | €2,667 | -€15,500 | -€5,896 | -€9,209 | ▼ 56.2% |
| Profit (loss) for the period to be appropriated9905 | €2,667 | -€15,500 | -€5,896 | -€9,209 | ▼ 56.2% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €33,304 | €45,263 | €21,194 | €27,793 | ▲ 31.1% |
| Fixed assets21/28 | €2,689 | €2,545 | €2,394 | €13,922 | ▲ 482% |
| Intangible fixed assets21 | €2,000 | €1,000 | - | €0 | - |
| Tangible fixed assets22/27 | €664 | €1,520 | €2,369 | €13,897 | ▲ 487% |
| Furniture and vehicles24 | - | - | - | €13,897 | - |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €30,615 | €42,718 | €18,801 | €13,871 | ▼ 26.2% |
| Amounts receivable within one year40/41 | €30,502 | €42,718 | €12,008 | €13,619 | ▲ 13.4% |
| Trade receivables40 | - | - | - | €8,868 | - |
| Other amounts receivable41 | - | - | - | €4,751 | - |
| Cash at bank and in hand54/58 | - | - | €3,795 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €252 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €33,304 | €45,263 | €21,194 | €27,793 | ▲ 31.1% |
| Equity10/15 | €30,706 | €15,206 | €15,510 | €6,301 | ▼ 59.4% |
| Contributions10/11 | €12,400 | €12,400 | - | €18,600 | - |
| Reserves13 | €1,144 | €1,144 | €1,144 | €1,144 | = |
| Distributable reserves133 | - | - | - | €1,144 | - |
| Profit (loss) carried forward14 | €17,162 | €1,662 | -€4,234 | -€13,443 | ▼ 217% |
| Amounts payable17/49 | €2,597 | €30,057 | €5,684 | €21,491 | ▲ 278% |
| Amounts payable within one year42/48 | €2,597 | €25,074 | €5,684 | €21,491 | ▲ 278% |
| Financial debts43 | - | - | - | €15,463 | - |
| Credit institutions430/8 | - | - | - | €3,236 | - |
| Other loans439 | - | - | - | €12,227 | - |
| Trade debts44 | - | €1,588 | - | €4,727 | - |
| Suppliers440/4 | - | - | - | €4,727 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,301 | - |
| Taxes450/3 | - | - | - | €672 | - |
| Remuneration and social security454/9 | - | - | - | €630 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,667 | -€15,500 | -€5,896 | -€9,209 | ▼ 56.2% |
| + Depreciation and write-downs630 | €1,164 | €2,044 | €1,994 | €2,821 | ▲ 41.5% |
| Operating cash flow (approximation) | €3,831 | -€13,456 | -€3,902 | -€6,388 | ▼ 63.7% |
| Investment in fixed assets (approximation) | - | -€1,900 | -€1,843 | -€14,349 | ▼ 679% |
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
2025
23-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 16-06-2025
2024
01-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 26-02-2024
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€15,500
Net result drops to -€15,500, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 10 days late
2014
27-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LISA HEUNINCK VIJFSTRATEN 57-59, 9100 SINT-
NIKLAAS |
26-02-2024 → 16-06-2025 |