Fast Fiber Networks
The computed 12-month bankruptcy probability of Fast Fiber Networks is 3.4% (moderate). The 2024 annual accounts show negative equity (€-9k) and a net result of €-22k. Equity is shrinking by ~91.7% per year across the filed fiscal years. Its solvency ranks better than 9% of 11123 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-9k |
| Net result | €-22k |
| Better than sector | 9% |
| Active | 7 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3.8% | 40.8% | |
| Net result | €-22k | €11k | |
| Equity | €-9k | €34k | |
| Gross operating margin | €1k | €35k | |
| Total assets | €235k | €94k |
Figures by fiscal year and ratios
| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-2k |
| Net profit | €-22k |
| Cash flow | €-8k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €235k |
| Equity | €-9k |
| Debt | €244k |
| of which ≤ 1y | €68k |
| of which > 1y | €175k |
| Working capital | €-27k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.35 |
| Working capital ratio | -11.6% |
| Solvency | -3.8% |
| Debt / equity | -27.52 |
| Long-term debt ratio | -19.77 |
| Interest coverage | -0.31 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.4% |
| ROE | 250.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €235k |
| Fixed assets | 21/28 | €194k |
| Tangible fixed assets | 22/27 | €194k |
| Current assets | 29/58 | €41k |
| Stocks & contracts in progress | 3 | €17k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €427 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €235k |
| Equity | 10/15 | €-9k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €17k |
| Accumulated profits (losses) | 14 | €-36k |
| Amounts payable | 17/49 | €244k |
| Amounts payable after one year | 17 | €175k |
| Amounts payable within one year | 42/48 | €68k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €1k |
| Operating result | 9901 | €-16k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 28-03-2019 |
| Status | Active |
| Postal code | 9520 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41007C0276/00K002 | Flanders | 1,041 m² | 1 · 95 m² | 9.4 m · 2 fl. |
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.
19-02-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Katrijn Vindevoghel",
"firm_city": null,
"firm_name": null,
"office_city": "Herzele",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-19",
"filing_date": "2024-02-15",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, DIVERSEN, WIJZIGING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-02-13",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0723.749.761",
"name": "Fast Fiber Networks",
"role": "other",
"address": "9520 Sint-Lievens-Houtem, Hoogbavegemstraat 15",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"39, \u00A71",
"39, \u00A72"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": null,
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0723.749.761",
"name_full": "Fast Fiber Networks",
"legal_form": "Besloten vennootschap met beperkte aansprakelijkheid"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Katrijn Vindevoghel",
"org_rep_person_name": null
},
"summary_narrative": "De algemene vergadering van Fast Fiber Networks besliste op 13 februari 2024 om de statuten aan te passen aan de Wetboek van vennootschappen en verenigingen, het werkelijk gestort kapitaal en de wettelijke reserve om te zetten in eigen vermogensrekeningen, en het voorwerp van de vennootschap te wijzigen. Daarnaast werd de zaakvoerder ontslagen en herbenoemd, en werden nieuwe statuten aangenomen.",
"co_filed_documents": [
"uitgifte van de akte",
"geco\u00F6rdineerde versie van de statuten",
"bijzonder verslag van het bestuursorgaan inzake de wijziging van het voorwerp van de vennootschap"
],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}28-04-2022 Registered office moved from Herzele to Sint-Lievens-Houtem
- Stationsstraat 261 9550 Herzele → Hoogbavegemstraat 15 te 9520 Sint-Lievens-Houtem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Hoogbavegemstraat 15 te 9520 Sint-Lievens-Houtem",
"city": "Sint-Lievens-Houtem",
"region": "vlaams_gewest",
"street": "Hoogbavegemstraat",
"country": "BE",
"postcode": "9520",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"old_address": {
"raw": "Stationsstraat 261 9550 Herzele",
"city": "Herzele",
"region": "vlaams_gewest",
"street": "Stationsstraat",
"country": "BE",
"postcode": "9550",
"box_number": null,
"street_number": "261",
"locality_suffix": null
},
"effective_date": "2022-04-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-04-20",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-04-20",
"unanimous": true
},
"subject_company": {
"kbo": "0723.749.761",
"name_full": "Fast Fiber Networks",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maikel Lembergen",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen b bij het Belgisch Staatsblad"
]
}| Legal nameNL | Fast Fiber Networks |