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Fast Concept

Active
Public limited companyfounded 199135 yrs activeWaterloosesteenweg 715, 1180 Ukkel, BelgiumKBO/BCE: BE 0444.555.156
Summary

Fast Concept has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174,020 and a net result of €24,244. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 1222 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability76▼-5
Solvency67▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 2.3 in 2024; short-term debt: 57% and cash: 1.4% of total assets), and 57.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
42.4%
Return on assets
5.9%
Age of the figures
15 mo
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
8 d early
2021
on the day
2020
5 d early
2019
16 d early
← 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 4 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 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

History

Fast Concept was incorporated on 28 June 1991.1 Total assets rose from EUR 61,570 in 2019 to EUR 410,308 in 2025 and headcount from 1 to 12.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€174,020▲ 10.0%
2024 · €158,268
Total assets
€410,308▲ 44.7%
2024 · €283,575
Net result
€24,244▼ 11.5%
2024 · €27,395
Working capital
€62,737▼ 58.9%
2024 · €152,533
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
Line20212022202320242025
Operating result€27,418▲ 651%€135,904▲ 396%€12,330▼ 90.9%€85,104▲ 590%€82,182▼ 3.4%
Net result€8,707€68,282▲ 684%€267▼ 99.6%€27,395▲ 10,171%€24,244▼ 11.5%
Equity€62,324▲ 16.2%€130,606▲ 110%€130,873▲ 0.2%€158,268▲ 20.9%€174,020▲ 10.0%
Total assets€119,783▲ 64.1%€342,126▲ 186%€426,638▲ 24.7%€283,575▼ 33.5%€410,308▲ 44.7%
Debt€57,459▲ 197%€211,520▲ 268%€295,765▲ 39.8%€125,307▼ 57.6%€236,288▲ 88.6%
Working capital€66,426▲ 21.5%€133,623▲ 101%€126,487▼ 5.3%€152,533▲ 20.6%€62,737▼ 58.9%
Staff (FTE)10.3▲ 110%9.7▼ 5.8%11.5▲ 18.6%11.9▲ 3.5%12.4▲ 4.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €27,418€27,418Net result 2021: €8,707€8,707Operating result 2022: €135,904€135,904Net result 2022: €68,282€68,282Operating result 2023: €12,330€12,330Net result 2023: €267€267Operating result 2024: €85,104€85,104Net result 2024: €27,395€27,395Operating result 2025: €82,182€82,182Net result 2025: €24,244€24,24420212022202320242025€0€25,000€50,000€75,000Operating result 2023: €12,330€12,300Net result 2023: €267€267Operating result 2024: €85,104€85,100Net result 2024: €27,395€27,400Operating result 2025: €82,182€82,200Net result 2025: €24,244€24,200202320242025
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410,308
Fixed assets €113,571 ▲ 706%
Current assets €296,737 ▲ 10.1%
Equity and liabilities €410,308
Equity €174,020 ▲ 10.0%
Debt €236,288 ▲ 88.6%
Debt's share of the balance-sheet total rises from 44.2% to 57.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86,886▼
2024 · €95,777
Cash flow
€28,948▼
2024 · €38,069
Current ratio
1.27▼
2024 · 2.30
Quick ratio
1.03▼
2024 · 2.30
Debt to equity
1.36▲
2024 · 0.79
ROE
13.9%▼
2024 · 17.3%
ROA
5.9%▼
2024 · 9.7%
Interest coverage
33.30▲
2024 · 24.62
Debt ≤ 1 year
€234,000▲
2024 · €116,953
Income taxes
€17,787▲
2024 · €14,124
Staff costs
€503,194▲
2024 · €478,741
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 20,082 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€283,575€410,308▲
Fixed assets21/28€14,089€113,571▲
Intangible fixed assets21-€97,288
Tangible fixed assets22/27€13,918€13,912=
Plant, machinery and equipment23€4,054€13,912▲
Furniture and vehicles24€9,864-
Financial fixed assets28€171€2,371▲
Current assets29/58€269,486€296,737▲
Stocks and contracts in progress3-€56,154
Stocks30/36-€56,154
Amounts receivable within one year40/41€267,249€231,617▼
Trade receivables40€141,922€161,217▲
Other amounts receivable41€125,327€70,399▼
Cash at bank and in hand54/58-€5,652
Deferred charges and accrued income490/1€2,237€3,314▲
Equity and liabilities
Total equity and liabilities10/49€283,575€410,308▲
Equity10/15€158,268€174,020▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€17,200€106,200▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€11,000€100,000▲
Profit (loss) carried forward14€79,068€5,820▼
Amounts payable17/49€125,307€236,288▲
Amounts payable within one year42/48€116,953€234,000▲
Trade debts44€12,746€56,320▲
Suppliers440/4€12,746€56,320▲
Taxes, remuneration and social security45€65,771€71,448▲
Taxes450/3€21,062€22,360▲
Remuneration and social security454/9€44,709€49,089▲
Other amounts payable47/48€38,437€106,232▲
Accrued charges and deferred income492/3€8,354€2,288▼
Income statement Code20242025
Remuneration, social security and pensions62€478,741€503,194▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,673€4,704▼
Gross operating margin9900€574,518€590,080▲
Operating profit (loss)9901€85,104€82,182▼
Financial income75/76B€1,826€1,799▼
Recurring financial income75€1,826€1,799▼
Financial charges65/66B€45,410€41,950▼
Recurring financial charges65€3,891€2,609▼
Non-recurring financial charges66B€41,520€39,340▼
Profit (loss) for the period before taxes9903€41,519€42,031▲
Income taxes67/77€14,124€17,787▲
Profit (loss) for the period9904€27,395€24,244▼
Profit (loss) for the period to be appropriated9905€27,395€24,244▼
Appropriation of the result
Profit (loss) to be appropriated9906€79,068€103,312▲
Profit (loss) brought forward from the previous period14P€51,673€79,068▲
Transfer to equity691/2-€89,000
To other reserves6921-€89,000
Profit to be distributed694/7-€8,492
Employees696-€8,492
Social balance
Average headcount (FTE)908711.912.4▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€622,071€433,286€478,741€503,194▲ 5.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€9,775€10,673€4,704▼ 55.9%
Gross operating margin9900€402,101€757,975€455,392€574,518€590,080▲ 2.7%
Operating profit (loss)9901€27,418€135,904€12,330€85,104€82,182▼ 3.4%
Financial income75/76B-€650€2,667€1,826€1,799▼ 1.5%
Recurring financial income75€22€650€2,667€1,826€1,799▼ 1.5%
Financial charges65/66B-€44,431€11,585€45,410€41,950▼ 7.6%
Recurring financial charges65€5,350€4,689€8,172€3,891€2,609▼ 32.9%
Non-recurring financial charges66B-€39,742€3,413€41,520€39,340▼ 5.2%
Profit (loss) for the period before taxes9903€8,707€92,123€3,413€41,519€42,031▲ 1.2%
Income taxes67/77-€23,841€3,146€14,124€17,787▲ 25.9%
Profit (loss) for the period9904€8,707€68,282€267€27,395€24,244▼ 11.5%
Profit (loss) for the period to be appropriated9905€8,707€68,282€267€27,395€24,244▼ 11.5%
Line20212022202320242025Change
Assets
Total assets20/58€119,783€342,126€426,638€283,575€410,308▲ 44.7%
Fixed assets21/28€171€171€24,762€14,089€113,571▲ 706%
Intangible fixed assets21----€97,288-
Tangible fixed assets22/27--€24,592€13,918€13,912=
Plant, machinery and equipment23--€5,227€4,054€13,912▲ 243%
Furniture and vehicles24--€19,364€9,864--
Financial fixed assets28€171€171€171€171€2,371▲ 1,289%
Current assets29/58€119,613€341,955€401,876€269,486€296,737▲ 10.1%
Stocks and contracts in progress3-€18,900€105,863-€56,154-
Stocks30/36-€18,900€105,863-€56,154-
Amounts receivable within one year40/41€118,567€321,402€292,845€267,249€231,617▼ 13.3%
Trade receivables40-€3,840€92,529€141,922€161,217▲ 13.6%
Other amounts receivable41-€317,562€200,316€125,327€70,399▼ 43.8%
Cash at bank and in hand54/58----€5,652-
Deferred charges and accrued income490/1-€1,653€3,168€2,237€3,314▲ 48.2%
Equity and liabilities
Total equity and liabilities10/49€119,783€342,126€426,638€283,575€410,308▲ 44.7%
Equity10/15€62,324€130,606€130,873€158,268€174,020▲ 10.0%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€17,200€17,200€17,200€17,200€106,200▲ 517%
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Distributable reserves133-€11,000€11,000€11,000€100,000▲ 809%
Profit (loss) carried forward14-€16,876€51,406€51,673€79,068€5,820▼ 92.6%
Amounts payable17/49€57,459€211,520€295,765€125,307€236,288▲ 88.6%
Amounts payable within one year42/48€53,187€208,332€275,388€116,953€234,000▲ 100%
Trade debts44€31,857€25,435€107,681€12,746€56,320▲ 342%
Suppliers440/4-€25,435€107,681€12,746€56,320▲ 342%
Taxes, remuneration and social security45-€69,827€59,219€65,771€71,448▲ 8.6%
Taxes450/3-€27,766€18,954€21,062€22,360▲ 6.2%
Remuneration and social security454/9-€42,061€40,265€44,709€49,089▲ 9.8%
Other amounts payable47/48-€113,070€108,489€38,437€106,232▲ 176%
Accrued charges and deferred income492/3-€3,188€20,377€8,354€2,288▼ 72.6%
Line20212022202320242025Change
Profit (loss) for the period9904€8,707€68,282€267€27,395€24,244▼ 11.5%
+ Depreciation and write-downs630--€9,775€10,673€4,704▼ 55.9%
Operating cash flow (approximation)€8,707€68,282€10,042€38,069€28,948▼ 24.0%
Investment in fixed assets (approximation)-€0-€34,367€0-€104,186-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Equity above €150,000Eq €158,268 ▲20.9%
4 profitable years in a row build equity to €158,268.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Highest result since 2019net €68,282 ▲684%
Operating result €135,904, net result €68,282, both a record.
30-06
Financial Equity above €100,000Eq €130,606 ▲110%
2 profitable years in a row build equity to €130,606.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Back to profitnet €8,707
Net result €8,707 after one loss-making year.
26-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Weakest financial yearnet -€1,504
Net result drops to -€1,504, the lowest in the series; recovery starts the following year.
15-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
19-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
08-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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
Registered office, Ukkel · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
2,498 m²
Building footprint
796 m²
Volume, LiDAR
8,329 m³
Parcel 21612C0001/00B055, Brussels · tallest building 21.9 m, ±2 floors. Linked by address, not a title deed.
61 companies at this address See who is registered here
1 establishment unit
FAST CONCEPT
Waterloosesteenweg 715, 1180 UkkelRetail trade
since 19922.053.433.382
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0001/00B055 Brussels 2,498 m² 1 · 796 m² 21.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. JUPAR 50.5%
  2. Fast Concept

Highest known parent: JUPAR. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,706 companies in sector 81230 we hold annual accounts for 473. 350 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-06-1991
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
81230Other cleaning activities
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
63920Other information service activities
70200Business and other management consultancy
74140Other specialised design activities
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0444555156
Also 9925:BE0444555156
Registered 12-02-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.