Summary
FAST FORWARD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.6m and a net result of -€1.1m. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 2444 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
7 d late
2022
30 d late
2021
1 d early
2020
31 d late
2019
on the day
← 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 18 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#6 oldest company in Roeselare, Finance and insurance sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€7.6m▼ 12.8%
2024 · €8.7m
Net result
-€1.1m▲ 48.2%
2024 · -€2.1m
Total assets
€14.1m▼ 3.8%
2024 · €14.7m
Solvency
53.5%▼ 5.5pp
2024 · 59.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€311,679▼ 74.2%€1.2m▲ 298%€1.4m▲ 9.3%€1.5m▲ 14.0%€826,496▼ 46.6%
Operating result-€383,761▲ 16.9%-€510,430▼ 33.0%-€16,063▲ 96.9%-€1.9m▼ 11,962%-€947,427▲ 51.1%
Net result-€468,704below the sector's middle half▲ 3.1%-€654,956below the sector's middle half▼ 39.7%-€121,052below the sector's middle half▲ 81.5%-€2.1mbelow the sector's middle half▼ 1,673%-€1.1mbelow the sector's middle half▲ 48.2%
Equity€11.6mwithin the sector's middle half▼ 3.9%€10.9mwithin the sector's middle half▼ 5.6%€10.8mwithin the sector's middle half▼ 1.1%€8.7mwithin the sector's middle half▼ 19.9%€7.6mwithin the sector's middle half▼ 12.8%
Total assets€19.1mwithin the sector's middle half▼ 6.0%€17.8mwithin the sector's middle half▼ 6.5%€17.5mwithin the sector's middle half▼ 1.8%€14.7mwithin the sector's middle half▼ 16.2%€14.1mwithin the sector's middle half▼ 3.8%
Debt€7.5m▼ 61.8%€6.9m▼ 7.9%€6.7m▼ 3.0%€6.0m▼ 10.1%€6.6m▲ 9.2%
Working capital€9.9mabove the sector's middle half▼ 8.9%€9.2mabove the sector's middle half▼ 6.9%€9.2mabove the sector's middle half▼ 0.5%€6.4mabove the sector's middle half▼ 30.1%€5.2mabove the sector's middle half▼ 19.1%
Solvency60.8%within the sector's middle half▲ 1.4pp61.3%within the sector's middle half▲ 0.6pp61.8%within the sector's middle half▲ 0.5pp59.0%within the sector's middle half▼ 2.8pp53.5%within the sector's middle half▼ 5.5pp
Current ratio4.29above the sector's middle half▼ 0.104.75above the sector's middle half▲ 0.465.23above the sector's middle half▲ 0.484.06above the sector's middle half▼ 1.174.03above the sector's middle half▼ 0.03
Return on assets (ROA)-2.5%below the sector's middle half▼ 0.1pp-3.7%below the sector's middle half▼ 1.2pp-0.7%below the sector's middle half▲ 3.0pp-14.6%below the sector's middle half▼ 13.9pp-7.9%below the sector's middle half▲ 6.7pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result +82% on 2022. The previous fiscal year ran 15 months, this one 12.
- 2022 Turnover +298% on 2021. This fiscal year ran 15 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €947,427 in 2025 against €1.9m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.1m
Fixed assets
€7.2m ▲ 17.2%
Current assets
€6.9m ▼ 19.0%
Equity and liabilities €14.1m
Equity
€7.6m ▼ 12.8%
Debt
€6.6m ▲ 9.2%
Debt's share of the balance-sheet total rises from 41.0% to 46.5%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-14.7%▲
2024 · -24.8%
Debt ≤ 1 year
€1.7m▼
2024 · €2.1m
Debt > 1 year
€4.8m▲
2024 · €3.9m
Income taxes
€1,775▲
2024 · €1,543
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €328,372 | €1.3m | €1.4m | €1.6m | €966,579 | ▼ 38.2% |
| Turnover70 | €311,679 | €1.2m | €1.4m | €1.5m | €826,496 | ▼ 46.6% |
| Other operating income74 | €16,693 | €19,080 | €15,428 | €15,428 | €22,030 | ▲ 42.8% |
| Non-recurring operating income76A | - | - | - | - | €118,053 | - |
| Operating charges60/66A | €712,133 | €1.8m | €1.4m | €3.5m | €1.9m | ▼ 45.3% |
| Goods for resale, raw materials and consumables60 | €583,953 | €1.5m | €1.1m | €3.3m | €1.8m | ▼ 46.7% |
| Purchases600/8 | €197,240 | €163,311 | €915,398 | €153,266 | €136,146 | ▼ 11.2% |
| Change in stocks: decrease (increase)609 | €386,713 | €1.4m | €208,249 | €3.2m | €1.6m | ▼ 48.4% |
| Services and other goods61 | €109,614 | €217,461 | €259,045 | €190,330 | €145,230 | ▼ 23.7% |
| Remuneration, social security and pensions62 | - | €12 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,533 | €10,515 | €808 | €643 | €1,869 | ▲ 191% |
| Other operating charges640/8 | €4,033 | €5,515 | €5,228 | €5,512 | €5,553 | ▲ 0.8% |
| Operating profit (loss)9901 | -€383,761 | -€510,430 | -€16,063 | -€1.9m | -€947,427 | ▲ 51.1% |
| Financial income75/76B | €4,988 | €12,832 | €27,567 | €5,494 | €21,886 | ▲ 298% |
| Recurring financial income75 | €4,988 | €12,832 | €27,567 | €5,494 | €21,886 | ▲ 298% |
| Income from financial fixed assets750 | €4,986 | €6,260 | €8,413 | €5,002 | €21,886 | ▲ 338% |
| Other financial income752/9 | €2 | €6,572 | €19,154 | €492 | €0 | ▼ 100% |
| Financial charges65/66B | €88,406 | €155,405 | €130,908 | €212,562 | €183,972 | ▼ 13.5% |
| Recurring financial charges65 | €88,406 | €155,405 | €130,908 | €212,562 | €183,972 | ▼ 13.5% |
| Debt charges650 | €81,622 | €146,600 | €108,411 | €204,695 | €177,126 | ▼ 13.5% |
| Other financial charges652/9 | €6,784 | €8,805 | €22,497 | €7,866 | €6,846 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | -€467,179 | -€653,003 | -€119,405 | -€2.1m | -€1.1m | ▲ 48.3% |
| Income taxes67/77 | €1,525 | €1,953 | €1,647 | €1,543 | €1,775 | ▲ 15.1% |
| Taxes670/3 | €1,525 | €1,953 | €1,647 | €1,543 | €1,775 | ▲ 15.1% |
| Profit (loss) for the period9904 | -€468,704 | -€654,956 | -€121,052 | -€2.1m | -€1.1m | ▲ 48.2% |
| Profit (loss) for the period to be appropriated9905 | -€468,704 | -€654,956 | -€121,052 | -€2.1m | -€1.1m | ▲ 48.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.1m | €17.8m | €17.5m | €14.7m | €14.1m | ▼ 3.8% |
| Fixed assets21/28 | €6.2m | €6.1m | €6.2m | €6.2m | €7.2m | ▲ 17.2% |
| Tangible fixed assets22/27 | €12,449 | €1,933 | €1,125 | €482 | €111,475 | ▲ 23,017% |
| Plant, machinery and equipment23 | €4,746 | €1,768 | €1,125 | €482 | €0 | ▼ 100% |
| Furniture and vehicles24 | €7,703 | €165 | €0 | - | €111,475 | - |
| Financial fixed assets28 | €6.1m | €6.1m | €6.1m | €6.1m | €7.1m | ▲ 15.4% |
| Affiliated companies280/1 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Participating interests280 | €6.1m | €6.1m | €6.1m | €6.1m | €6.1m | = |
| Other financial fixed assets284/8 | - | - | - | - | €949,026 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €949,026 | - |
| Current assets29/58 | €12.9m | €11.7m | €11.4m | €8.5m | €6.9m | ▼ 19.0% |
| Amounts receivable after more than one year29 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Other amounts receivable291 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Stocks and contracts in progress3 | €12.4m | €11.1m | €11.0m | €7.9m | €6.2m | ▼ 20.6% |
| Stocks30/36 | €12.4m | €11.1m | €11.0m | €7.9m | €6.2m | ▼ 20.6% |
| Goods purchased for resale34 | €12.4m | €11.1m | €11.0m | €7.9m | €6.2m | ▼ 20.6% |
| Amounts receivable within one year40/41 | €10,312 | €57,098 | €27,076 | €25,431 | €246,953 | ▲ 871% |
| Trade receivables40 | €222 | €0 | - | - | €44,500 | - |
| Other amounts receivable41 | €10,090 | €57,098 | €27,076 | €25,431 | €202,453 | ▲ 696% |
| Cash at bank and in hand54/58 | €211,412 | €246,732 | €48,541 | €369,175 | €155,045 | ▼ 58.0% |
| Deferred charges and accrued income490/1 | €24,731 | €16,541 | €19,349 | €16,378 | €16,423 | ▲ 0.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.1m | €17.8m | €17.5m | €14.7m | €14.1m | ▼ 3.8% |
| Equity10/15 | €11.6m | €10.9m | €10.8m | €8.7m | €7.6m | ▼ 12.8% |
| Contributions10/11 | €14.1m | €14.1m | €14.1m | €14.1m | €14.1m | = |
| Capital10 | €14.1m | €14.1m | €14.1m | €14.1m | €14.1m | = |
| Issued capital100 | €14.1m | €14.1m | €14.1m | €14.1m | €14.1m | = |
| Reserves13 | €48,519 | €48,519 | €48,519 | €48,519 | €48,519 | = |
| Non-distributable reserves130/1 | €45,146 | €45,146 | €45,146 | €45,146 | €45,146 | = |
| Legal reserve130 | €45,146 | €45,146 | €45,146 | €45,146 | €45,146 | = |
| Tax-exempt reserves132 | €3,373 | €3,373 | €3,373 | €3,373 | €3,373 | = |
| Profit (loss) carried forward14 | -€2.5m | -€3.2m | -€3.3m | -€5.4m | -€6.5m | ▼ 20.5% |
| Amounts payable17/49 | €7.5m | €6.9m | €6.7m | €6.0m | €6.6m | ▲ 9.2% |
| Amounts payable after more than one year17 | €4.4m | €4.4m | €4.5m | €3.9m | €4.8m | ▲ 24.0% |
| Financial debts170/4 | €4.4m | €4.4m | €4.5m | €3.9m | €4.8m | ▲ 24.0% |
| Other loans174 | €4.4m | €4.4m | €4.5m | €3.9m | €4.8m | ▲ 24.0% |
| Amounts payable within one year42/48 | €3.0m | €2.5m | €2.2m | €2.1m | €1.7m | ▼ 18.4% |
| Current portion of amounts payable after more than one year42 | €2.5m | €2.0m | €1.7m | €1.7m | €1.3m | ▼ 24.2% |
| Trade debts44 | €39,002 | €10,444 | €24,024 | €37,305 | €68,878 | ▲ 84.6% |
| Suppliers440/4 | €39,002 | €10,444 | €24,024 | €37,305 | €68,878 | ▲ 84.6% |
| Advances received on contracts in progress46 | - | - | €25,000 | €0 | - | - |
| Taxes, remuneration and social security45 | €1,525 | €553 | €1,647 | €0 | €1,775 | - |
| Taxes450/3 | €1,525 | €553 | €1,647 | €0 | €1,775 | - |
| Other amounts payable47/48 | €472,113 | €452,907 | €473,683 | €416,272 | €395,862 | ▼ 4.9% |
| Accrued charges and deferred income492/3 | €77,257 | €35,549 | €43,555 | €37,275 | €47,872 | ▲ 28.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€468,704 | -€654,956 | -€121,052 | -€2.1m | -€1.1m | ▲ 48.2% |
| + Depreciation and write-downs630 | €14,533 | €10,515 | €808 | €643 | €1,869 | ▲ 191% |
| Operating cash flow (approximation) | -€454,171 | -€644,440 | -€120,244 | -€2.1m | -€1.1m | ▲ 48.3% |
| Investment in fixed assets (approximation) | - | €0 | -€5,951 | €0 | -€1.1m | - |
| Change in cash | - | €35,320 | -€198,190 | €320,634 | -€214,130 | ▼ 167% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€2.1m
Net result drops to -€2.1m, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-09
Financial
Equity above €10mEq €12.1m ▲934%
Equity rises from €1.2m to €12.1m.
01-07
State Gazette act
General meeting · Permanent representative
Permanent representative end · Capital decrease
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
04-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2008
15-09
State Gazette act
Incorporation · Founding capital
Corporate purpose · Bank account
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Roeselare · 2 establishment units since 2008
Ground area
9,175 m²
Building footprint
1,551 m²
Volume, LiDAR
6 m³
2 parcels, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
129
companies at this address
See who is registered here
2 establishment units
FAST FORWARD
since 20082.173.700.021
Fast Forward
since 20162.252.707.412
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A1278/00X003 | Flanders | 7,646 m² | 1 · 828 m² | 0.6 m |
| 36302B1232/00C000 | Flanders | 1,528 m² | 1 · 723 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.
Structure & network
Owners and holdings
2 owners · 1 holding · 3 subsidiaries in the treeChain of control
- CENNINI
- FAST FORWARD
Highest known parent: CENNINI. The sources do not say who stands above it.
Owners 2
- CENNINIparentSourceaccounts CENNINI 202589.99%
-
10.01%
Holdings 1
-
100%
All subsidiaries, including indirect ones 3
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
CAPITAL@RENT 100%2 subsidiaries
According to the 2025 annual accounts of FAST FORWARD and those 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
2 connected companiesThe connected companies are in the list below.
This company
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Accent Software & Services
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 6,881 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
Founded03-09-1987
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431943275
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.