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FAST-ENGINEERING

Open bankruptcy
Private limited companyfounded 2015Rue Jean Sonet,Isnes 25, 5032 Gembloux, BelgiumKBO/BCE: BE 0643.715.853

A bankruptcy procedure is open for FAST-ENGINEERING according to publications in the Belgian State Gazette; curator: DAMIEN RIDELLE.

Summary

The 2021 annual accounts show negative equity (-€75,596) and a net result of -€17,743.

FAST-ENGINEERINGOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Namur division
Declared bankrupt
5 March 2026
Supervising judge
Michel Deneil
Official Gazette
12-03-2026 (pdf) ↗search the document for 2026/110385

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
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

On 30 November 2015, FAST-ENGINEERING was incorporated.1 Total assets went from EUR 49,722 in 2018 to EUR 194,627 in 2021.2 The company was declared bankrupt on 5 March 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 12-03-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
€8,005▲ 1,020%
2019 · €715
EBIT margin
-442.4%▲ 4890.9pp
2019 · -5333.3%
Net result
-€17,743▲ 50.4%
2020 · -€35,746
Working capital
-€128,703▼ 6.4%
2020 · -€120,998
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€715€8,005▲ 1,020%
Operating result€1,266--€38,133-€35,411▲ 7.1%-€16,522▲ 53.3%
Net result€614--€38,633-€35,746▲ 7.5%-€17,743▲ 50.4%
EBIT margin-5333.3%-442.4%▲ 4890.9pp
Equity-€5,974--€44,607▼ 647%-€57,853▼ 29.7%-€75,596▼ 30.7%
Total assets€49,722-€137,843▲ 177%€219,953▲ 59.6%€194,627▼ 11.5%
Debt€55,696-€182,450▲ 228%€277,806▲ 52.3%€270,224▼ 2.7%
Working capital€9,519--€2,832-€120,998▼ 4,173%-€128,703▼ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2018: €1,266€1,266Net result 2018: €614€614Operating result 2019: -€38,133-€38,133Net result 2019: -€38,633-€38,633Operating result 2020: -€35,411-€35,411Net result 2020: -€35,746-€35,746Operating result 2021: -€16,522-€16,522Net result 2021: -€17,743-€17,7432018201920202021-€40,000-€30,000-€20,000-€10,000€0Operating result 2019: -€38,133-€38,100Net result 2019: -€38,633-€38,600Operating result 2020: -€35,411-€35,400Net result 2020: -€35,746-€35,700Operating result 2021: -€16,522-€16,500Net result 2021: -€17,743-€17,700201920202021
The operating result stays negative: a loss of €16,522 in 2021 against €35,411 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €194,627
Fixed assets €181,707 ▼ 4.7%
Current assets €12,920 ▼ 56.0%
Key figures and ratios
2021 value · change against 2020
EBITDA
€9,873▲
2020 · -€9,620
Cash flow
€8,651▲
2020 · -€9,955
Solvency
-38.8%▼
2020 · -26.3%
Current ratio
0.09▼
2020 · 0.20
Debt to equity
-3.57▼
2020 · -2.20
ROA
-9.1%▲
2020 · -16.3%
Interest coverage
10.64
Debt ≤ 1 year
€141,624▼
2020 · €150,343
Debt > 1 year
€123,907▼
2020 · €127,464
Income taxes
€294▲
2020 · €156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 45 lines
Balance sheet Code20202021
Assets
Total assets20/58€219,953€194,627▼
Fixed assets21/28€190,609€181,707▼
Intangible fixed assets21€185,058€180,910▼
Tangible fixed assets22/27€4,754-
Financial fixed assets28€797€797=
Current assets29/58€29,345€12,920▼
Amounts receivable within one year40/41€29,147€8,039▼
Trade receivables40-€6,313
Other amounts receivable41-€1,726
Cash at bank and in hand54/58€198€4,881▲
Equity and liabilities
Total equity and liabilities10/49€219,953€194,627▼
Equity10/15-€57,853-€75,596▼
Contributions10/11-€41,100
Reserves13€448€448=
Non-distributable reserves130/1-€448
Reserves not available under the articles1311-€448
Profit (loss) carried forward14-€99,401-€117,144▼
Amounts payable17/49€277,806€270,224▼
Amounts payable after more than one year17€127,464€123,907▼
Financial debts170/4-€123,907
Amounts payable within one year42/48€150,343€141,624▼
Current portion of amounts payable after more than one year42-€9,846
Trade debts44€125,930€88,696▼
Suppliers440/4-€88,696
Taxes, remuneration and social security45-€959
Taxes450/3-€959
Other amounts payable47/48-€42,122
Accrued charges and deferred income492/3-€4,693
Income statement Code20202021
Turnover70€8,005-
Non-recurring operating income76A-€6,106
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,791€26,394▲
Other operating charges640/8-€1,267
Non-recurring operating charges66A-€4,693
Gross operating margin9900-€8,165€15,833▲
Operating profit (loss)9901-€35,411-€16,522▲
Financial income75/76B-€0
Recurring financial income75€37€0▼
Financial charges65/66B-€928
Recurring financial charges65€216€928▲
Profit (loss) for the period before taxes9903-€35,590-€17,449▲
Income taxes67/77€156€294▲
Profit (loss) for the period9904-€35,746-€17,743▲
Profit (loss) for the period to be appropriated9905-€35,746-€17,743▲
Appropriation of the result
Profit (loss) to be appropriated9906--€117,144
Profit (loss) brought forward from the previous period14P--€99,401

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70-€715€8,005--
Non-recurring operating income76A---€6,106-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,009€28,213€25,791€26,394▲ 2.3%
Other operating charges640/8---€1,267-
Non-recurring operating charges66A---€4,693-
Gross operating margin9900€29,443-€8,653-€8,165€15,833▲ 294%
Operating profit (loss)9901€1,266-€38,133-€35,411-€16,522▲ 53.3%
Financial income75/76B---€0-
Recurring financial income75€6€14€37€0▼ 99.9%
Financial charges65/66B---€928-
Recurring financial charges65€472€501€216€928▲ 330%
Profit (loss) for the period before taxes9903€799-€38,620-€35,590-€17,449▲ 51.0%
Income taxes67/77€185€13€156€294▲ 88.2%
Profit (loss) for the period9904€614-€38,633-€35,746-€17,743▲ 50.4%
Profit (loss) for the period to be appropriated9905€614-€38,633-€35,746-€17,743▲ 50.4%
Line2018201920202021Change
Assets
Total assets20/58€49,722€137,843€219,953€194,627▼ 11.5%
Fixed assets21/28€29,507€95,601€190,609€181,707▼ 4.7%
Intangible fixed assets21€28,710€94,804€185,058€180,910▼ 2.2%
Tangible fixed assets22/27--€4,754--
Financial fixed assets28€797€797€797€797=
Current assets29/58€20,216€42,242€29,345€12,920▼ 56.0%
Amounts receivable within one year40/41€15,842€19,312€29,147€8,039▼ 72.4%
Trade receivables40---€6,313-
Other amounts receivable41---€1,726-
Cash at bank and in hand54/58€4,374€22,930€198€4,881▲ 2,363%
Equity and liabilities
Total equity and liabilities10/49€49,722€137,843€219,953€194,627▼ 11.5%
Equity10/15-€5,974-€44,607-€57,853-€75,596▼ 30.7%
Contributions10/11€18,600€18,600-€41,100-
Reserves13€448€448€448€448=
Non-distributable reserves130/1---€448-
Reserves not available under the articles1311---€448-
Profit (loss) carried forward14-€25,022-€63,655-€99,401-€117,144▼ 17.9%
Amounts payable17/49€55,696€182,450€277,806€270,224▼ 2.7%
Amounts payable after more than one year17€45,000€137,376€127,464€123,907▼ 2.8%
Financial debts170/4---€123,907-
Amounts payable within one year42/48€10,696€45,074€150,343€141,624▼ 5.8%
Current portion of amounts payable after more than one year42---€9,846-
Trade debts44€8,788€28,176€125,930€88,696▼ 29.6%
Suppliers440/4---€88,696-
Taxes, remuneration and social security45---€959-
Taxes450/3---€959-
Other amounts payable47/48---€42,122-
Accrued charges and deferred income492/3---€4,693-
Line2018201920202021Change
Profit (loss) for the period9904€614-€38,633-€35,746-€17,743▲ 50.4%
+ Depreciation and write-downs630€27,009€28,213€25,791€26,394▲ 2.3%
Operating cash flow (approximation)€27,623-€10,420-€9,955€8,651▲ 187%
Investment in fixed assets (approximation)--€94,307-€120,798-€17,493▲ 85.5%
Change in cash-€18,556-€22,732€4,683▲ 121%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
12-03
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Namur · event 05-03-2026
2023
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 319 days late
2022
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 181 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 334 days late
2019
31-12
Financial Weakest financial yearnet -€38,633
Net result drops to -€38,633, the lowest in the series.
26-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
19-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
15-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Gembloux · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2.2 ha
Building footprint
739 m²
Volume, LiDAR
1,685 m³
2 parcels, Wallonia · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FAST ENGINEERING
Rue de la Pépinière 22, 5000 NamurManufacture of fabricated metal products, except machinery and equipment
since 20152.247.820.194
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92065B0056/00X004 Wallonia 2.1 ha 1 · 418 m² 5.6 m · 1 fl.
92094A0228/00M000 Wallonia 561 m² 1 · 321 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator DAMIEN RIDELLE
RUE DU VILLAGE 91, 5081 02 MEUX
05-03-2026 → present

Structure & network

Owners and holdings

1 owner

Owners 1

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.

Identification & contact

Identification
Legal formPrivate limited company
Founded30-11-2015
Fiscal year end31-12
Contact
E-mail olivier@fast-engineering.euNamur
Phone 0492/64.80.47Namur
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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