Losses
Every financial year from 2019 to 2021 closed with a loss. 2019 was the heaviest.
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Embed the FAST-ENGINEERING company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Every financial year from 2019 to 2021 closed with a loss. 2019 was the heaviest.
Of this, €141,624 falls due within a year.
The 2019 accounts came latest: 334 days after the end of the period.
Equity fell from €15,156 in 2016 to -€75,596 in 2021, while debts rose from €42,336 to €270,224.
On 5 March 2026 the court declared FAST-ENGINEERING bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
194,627 | 219,953 | 137,843 | 49,722 | 32,166 | 57,492 | |
21/28 |
181,707 | 190,609 | 95,601 | 29,507 | 27,174 | 21,417 | |
21 |
180,910 | 185,058 | 94,804 | 28,710 | 26,377 | 18,115 | |
22/27 |
- | 4,754 | - | - | 0 | 3,302 | |
24 |
- | 4,754 | - | - | 0 | 3,302 | |
28 |
797 | 797 | 797 | 797 | 797 | - | |
29/58 |
12,920 | 29,345 | 42,242 | 20,216 | 4,992 | 36,075 | |
40/41 |
8,039 | 29,147 | 19,312 | 15,842 | 2,813 | 15,641 | |
40 |
6,313 | 6,927 | - | 13,389 | 322 | 7,839 | |
41 |
1,726 | 22,219 | 19,312 | 2,453 | 2,491 | 7,802 | |
50/53 |
- | - | - | - | - | 0 | |
54/58 |
4,881 | 198 | 22,930 | 4,374 | 2,082 | 20,044 | |
490/1 |
- | - | - | - | 96 | 390 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
194,627 | 219,953 | 137,843 | 49,722 | 32,166 | 57,492 | |
10/15 |
-75,596 | -57,853 | -44,607 | -5,974 | -6,588 | 15,156 | |
10/11 |
41,100 | 41,100 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 0 | 12,400 | |
13 |
448 | 448 | 448 | 448 | 448 | 448 | |
130/1 |
448 | 448 | 448 | - | - | - | |
130 |
- | - | 448 | 448 | 448 | 448 | |
1311 |
448 | 448 | - | - | - | - | |
14 |
-117,144 | -99,401 | -63,655 | -25,022 | -25,636 | 8,508 | |
17/49 |
270,224 | 277,806 | 182,450 | 55,696 | 38,754 | 42,336 | |
17 |
123,907 | 127,464 | 137,376 | 45,000 | - | - | |
170/4 |
123,907 | 127,464 | 137,376 | 45,000 | - | - | |
42/48 |
141,624 | 150,343 | 45,074 | 10,696 | 38,754 | 42,290 | |
42 |
9,846 | 13,107 | 9,514 | - | - | - | |
44 |
88,696 | 125,930 | 28,176 | 8,788 | 9,580 | 13,620 | |
440/4 |
88,696 | 125,930 | 28,176 | 8,788 | 9,580 | 13,620 | |
45 |
959 | 156 | - | 631 | 1,683 | 1,600 | |
450/3 |
959 | 156 | - | 631 | 1,683 | 1,600 | |
454/9 |
- | - | - | - | 0 | - | |
47/48 |
42,122 | 11,149 | 7,384 | 1,278 | 27,491 | 27,070 | |
492/3 |
4,693 | - | - | - | 0 | 46 | |
| Income statement | |||||||
70 |
- | 8,005 | 715 | - | - | - | |
76A |
6,106 | - | - | - | - | - | |
9900 |
15,833 | -8,165 | -8,653 | 29,443 | -13,942 | 29,845 | |
60/61 |
- | 21,620 | 11,571 | - | - | - | |
630 |
26,394 | 25,791 | 28,213 | 27,009 | 19,632 | 16,148 | |
640/8 |
1,267 | 1,455 | 1,266 | 1,168 | 348 | 393 | |
66A |
4,693 | - | - | - | - | - | |
9901 |
-16,522 | -35,411 | -38,133 | 1,266 | -33,922 | 13,303 | |
75/76B |
0 | 37 | 14 | 6 | 8 | 24 | |
75 |
0 | 37 | 14 | 6 | 8 | 24 | |
65/66B |
928 | 216 | 501 | 472 | 146 | 267 | |
65 |
928 | 216 | 501 | 472 | 146 | 267 | |
9903 |
-17,449 | -35,590 | -38,620 | 799 | -34,060 | 13,060 | |
67/77 |
294 | 156 | 13 | 185 | 85 | 4,104 | |
9904 |
-17,743 | -35,746 | -38,633 | 614 | -34,145 | 8,956 | |
9905 |
-17,743 | -35,746 | -38,633 | 614 | -34,145 | 8,956 | |
| Appropriation of the result | |||||||
9906 |
-117,144 | -99,401 | -63,655 | -25,022 | -25,636 | 8,956 | |
14P |
-99,401 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 448 | |
6920 |
- | - | - | - | - | 448 | |
| Document | |||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 15-06-2023.
2021 annual accounts filed 319 days after the deadline. Filed on 15 June 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-00136275.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 15-06-2023 | 2023-00136275 | |
| 31-12-2020 | micro format | 28-01-2022 | 2022-03100460 | |
| 31-12-2019 | micro format | 30-06-2021 | 2021-28500578 | |
| 31-12-2018 | micro format | 26-11-2019 | 2019-74500270 | |
| 31-12-2017 | micro format | 19-09-2018 | 2018-64200130 | |
| 31-12-2016 | full format | 15-06-2017 | 2017-17800151 |
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| 9,873 | -9,620 | -9,920 | 28,275 | -14,290 | 29,451 | ||
| 8,651 | -9,955 | -10,420 | 27,623 | -14,513 | 25,105 | ||
| 22,247 | 120,798 | 94,307 | 29,342 | 27,781 | 37,565 | ||
| 4,683 | -22,732 | 18,556 | 2,291 | -17,962 | - | ||
| -128,703 | -120,998 | -2,832 | 9,519 | -33,763 | -6,214 | ||
| -38.8% | -26.3% | -32.4% | -12.0% | -20.5% | 26.4% | ||
| 0.09 | 0.20 | 0.94 | 1.89 | 0.13 | 0.85 | ||
| - | - | - | - | - | 2.79 | ||
| - | - | - | - | - | 59.1% | ||
| -9.1% | -16.3% | -28.0% | 1.2% | -106.2% | 15.6% | ||
| 10.64 | - | - | - | - | - | ||
| - | 316 days | 9859 days | - | - | - | ||
| - | 2126 days | 889 days | - | - | - |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2021 |
|---|---|
| Intangible fixed assets | €22,247 |
| €26,394 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
The operating result for 2021 is a loss of €16,522, smaller than the loss of €35,411 in 2020.
Equity is negative. Debt (€270,224) exceeds the balance-sheet total (€194,627).
Source: lists of holdings in the owners' accounts
FAST-ENGINEERING has no parent and no holdings in its annual accounts. Pie Olivier ATANGANA is the only director.
The network starts from the directors of FAST-ENGINEERING. Every other company they run is a node.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Jean Sonet,Isnes 25 registered office 5032 Gembloux | ||
| FAST ENGINEERING Rue de la Pépinière 22, 5000 Namur 25210 Manufacture of fabricated metal products, except machinery and equipment | 30-11-2015 | 2.247.820.194 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92094A0228/00M000 | 561 m² | 1 · 321 m² | 14.4 m · 4 |
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