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FAST LINES BELGIUM

Active
Public limited companyfounded 1976active for 50 yearsErnest Van Dijckkaai 16-17, 2000 Antwerp, BelgiumKBO/BCE: BE 0416.137.027
Summary

FAST LINES BELGIUM has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.0m and a net result of €2.1m, of which €1.1m non-recurring income. Equity has been growing by about 9% per year since 2018. Its solvency ranks better than 57% of 78 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-07-1976 Normal situation
Activity
Water transport NACE 50200
Joint committees
226 White-collar workers in international trade, transport and logistics
140.03 Road transport and logistics for third parties · annual accounts 2025
Establishment unit
2.012.406.540 2000 Antwerp, since 06-07-1976
Financial year end
31 December
Peppol
Reachable since 13-05-2025

Board and ownership

Board
Auditor
Parmentier Guy BV
Holdings
Shares in 4 companies including ANTWERP SHIPPING LTD and FAST HERCO INVESTMENTS LTD

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€15.6m
▼ 10.0%
Profit
€2.1m
▲ 32.6%
Equity
€19.0m
▲ 12.3%
Total assets
€38.1m
▲ 48.8%
Employees on 31-12-2025
9
=
Score breakdownlowers riskSize: turnover €15.6m, 8.5 FTE, total assets €38.1mFounded in 1976Sector: Water transport (NACE 50)Profit of €2.1m (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in water transport (NACE 50)
Financial strength · tick: 2024
Strong
Solvency 75-16
equity 49.9% of total assets
Liquidity 59-8
short-term debt 6.0% · cash 7.4%
Profitability 75+2
return on assets 5.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies, NACE 50, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €1,550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.33 (3.17 in 2024), above the usual 1.5. Short-term debt is 6% and cash 7.4% of total assets. However, 50.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 50, micro). It does better than 57% of them on solvency, 60% on liquidity, 65% on profitability and 48% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: turnover €15.6m, 8.5 FTE, total assets €38.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Water transport (NACE 50)
KBO
lowers risk · Profit of €2.1m (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
29 days early
2023
28 days early
2022
33 days early
2021
24 days early
2020
8 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 50), the median for financial year 2024 was 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 86% of companies in water transportsector median €2.6m · 73 companies €19.0m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Heads a groupcompanies controlled 4 View
  • Positive: 5 profitable years in a rowprofit 2025: €2.1m, mostly one-off 5 years View
  • Result rose in 2025mostly from a one-off income of €1.1m ▲ 32.6% View

Recent changes

  1. · Gazette deed Reappointment: Parmentier Guy BV (statutory auditor)
  2. · Gazette deed Purpose change · Amendment of the articles“Het oprichten en aan- en verkopen van gebouwen; Het optreden als bestuurder, syndicus en promotor van…” (deed in Dutch)
  3. · Gazette deed Reappointments: Ann Scheers, Catharina Scheers and 2 others
All 17 events

Comparable companies

These companies have the same main activity as FAST LINES BELGIUM: water transport (NACE 50200). They are comparable in size and age: total assets between €6.5m and €52m, founded between 1984 and 2006.

CompanyTotal assetsTurnover
FAST LINES BELGIUM Antwerp€38.1m€15.6m
KLEIMAR Antwerp€43.5m€20.4m
SEABIRD INTERNATIONAL SHIPPING Antwerp€6.5m€36.4m
KLN FREIGHT (BELGIUM) Antwerp€52.4m€11.2m
KATOEN NATIE TANK OPERATIONS Beveren€9.1m€28.3m
MICHAND Schilde€31.7m-
KARIM EXPORT Molenbeek-Saint-Jean€9.3m-
Full comparison

Key facts about FAST LINES BELGIUM

What is the company number of FAST LINES BELGIUM?
The company number of FAST LINES BELGIUM is 0416.137.027. The VAT number is the same number with BE in front: BE 0416.137.027.
Where is FAST LINES BELGIUM based?
The registered office is at Ernest Van Dijckkaai 16-17, 2000 Antwerp.Company details
What does FAST LINES BELGIUM do?
According to the KBO register, the main activity is water transport (NACE 50200).
What is the legal form of FAST LINES BELGIUM?
FAST LINES BELGIUM is a public limited company (NV).
When was FAST LINES BELGIUM founded?
FAST LINES BELGIUM was founded on 06-07-1976.
Is FAST LINES BELGIUM still active?
Yes, FAST LINES BELGIUM is an active enterprise in the KBO register.
How many employees does FAST LINES BELGIUM have?
FAST LINES BELGIUM had an average of 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FAST LINES BELGIUM fall under?
In its 2025 annual accounts, FAST LINES BELGIUM states joint committees 226 (White-collar workers in international trade, transport and logistics) and 140.03 (Road transport and logistics for third parties).
What is the turnover of FAST LINES BELGIUM?
The turnover of FAST LINES BELGIUM was €15.6m in financial year 2025, according to the filed annual accounts.
Is FAST LINES BELGIUM profitable?
In financial year 2025, FAST LINES BELGIUM made a profit of €2.1m.
Where can I find the annual accounts of FAST LINES BELGIUM?
FAST LINES BELGIUM filed 54 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FAST LINES BELGIUM due?
FAST LINES BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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