Fast Solutions
ActiveThe file of Fast Solutions contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.2% (very low). The 2025 annual accounts show equity of €1.6m and a net result of -€238,321. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 95% of 701 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability1▼-75
Solvency100=
Growth32▼-26
Track record85
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days only on tighter terms
Liquidity ample (current ratio 21.56 against 9.11 in 2024; short-term debt: 2.7% and cash: 0.2% of total assets), and 2.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
-14.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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
54 d late
2024
3 d late
2023
2 d early
2022
12 d late
2021
1 d late
2020
7 d late
2019
16 d late
← 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 13 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by equity in Edegem, Accommodation and food service sector#1 oldest company in Edegem, Accommodation and food service sector#2 company by total assets in Edegem, Accommodation and food service sector
Equity
€1.6m▼ 12.7%
2024 · €1.9m
Total assets
€1.7m▼ 16.4%
2024 · €2.0m
Net result
-€238,321
2024 · €115,184
Working capital
€957,138▼ 15.5%
2024 · €1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, 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
Operating result-€52,069▼ 53.2%€77,541-€244,836€96,382-€251,267
Net result€40,067within the sector's middle half€78,286within the sector's middle half▲ 95.4%-€212,827below the sector's middle half€115,184above the sector's middle half-€238,321below the sector's middle half
Equity€1.9mabove the sector's middle half▲ 2.2%€2.0mabove the sector's middle half▲ 4.1%€1.8mabove the sector's middle half▼ 10.7%€1.9mabove the sector's middle half▲ 6.5%€1.6mabove the sector's middle half▼ 12.7%
Total assets€2.1mwithin the sector's middle half▼ 1.7%€2.3mwithin the sector's middle half▲ 10.2%€1.9mabove the sector's middle half▼ 17.7%€2.0mabove the sector's middle half▲ 7.1%€1.7mwithin the sector's middle half▼ 16.4%
Debt€183,028▲ 36.8%€316,988▲ 73.2%€123,348▼ 61.1%€141,779▲ 14.9%€48,558▼ 65.8%
Working capital€1.4mabove the sector's middle half▼ 17.3%€1.2mabove the sector's middle half▼ 14.4%€965,184above the sector's middle half▼ 19.0%€1.1mabove the sector's middle half▲ 17.4%€957,138above the sector's middle half▼ 15.5%
Solvency91.2%above the sector's middle half▲ 3.5pp86.2%above the sector's middle half▼ 5.0pp93.5%above the sector's middle half▲ 7.3pp93.0%above the sector's middle half▼ 0.5pp97.1%above the sector's middle half▲ 4.1pp
Current ratio9.80above the sector's middle half▼ 8.434.78above the sector's middle half▼ 5.028.95above the sector's middle half▲ 4.179.11above the sector's middle half▲ 0.1521.56above the sector's middle half▲ 12.45
Return on assets (ROA)1.9%within the sector's middle half▲ 2.9pp3.4%within the sector's middle half▲ 1.5pp-11.2%below the sector's middle half▼ 14.7pp5.7%within the sector's middle half▲ 16.9pp-14.1%below the sector's middle half▼ 19.8pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €251,267 after €96,382 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€690,287 ▼ 8.3%
Current assets
€1.0m ▼ 21.2%
Equity and liabilities €1.7m
Equity
€1.6m ▼ 12.7%
Debt
€48,558 ▼ 65.8%
Debt's share of the balance-sheet total falls from 7.0% to 2.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€204,633▼
2024 · €140,165
Cash flow
-€191,687▼
2024 · €158,967
Quick ratio
21.28▲
2024 · 9.01
Debt to equity
0.03▼
2024 · 0.08
ROE
-14.5%▼
2024 · 6.1%
Interest coverage
-94.36▼
2024 · 61.66
Debt ≤ 1 year
€46,558▼
2024 · €139,779
Income taxes
€18,867▼
2024 · €20,168
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.1%
went bankrupt
8.7%
stopped otherwise
90%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €104,953 | €276,737 | €4,501 | ▼ 98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,581 | €33,031 | €37,572 | €43,783 | €46,634 | ▲ 6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €42,889 | €285,752 | -€42,889 | €0 | ▲ 100% |
| Other operating charges640/8 | €8,489 | €18,730 | €7,946 | €54,726 | €28,915 | ▼ 47.2% |
| Non-recurring operating charges66A | - | €8,471 | €98,084 | €48,959 | €91,564 | ▲ 87.0% |
| Gross operating margin9900 | -€8,999 | €180,661 | €184,517 | €200,961 | -€84,154 | ▼ 142% |
| Operating profit (loss)9901 | -€52,069 | €77,541 | -€244,836 | €96,382 | -€251,267 | ▼ 361% |
| Financial income75/76B | €21,959 | €40,081 | €35,005 | €41,243 | €33,981 | ▼ 17.6% |
| Recurring financial income75 | €21,959 | €40,081 | €35,005 | €41,243 | €33,981 | ▼ 17.6% |
| Financial charges65/66B | €35,208 | €4,477 | €2,466 | €2,273 | €2,169 | ▼ 4.6% |
| Recurring financial charges65 | €35,208 | €4,477 | €2,466 | €2,273 | €2,169 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | -€65,318 | €113,145 | -€212,298 | €135,352 | -€219,454 | ▼ 262% |
| Transfer from deferred taxes780 | €126,266 | - | - | - | - | - |
| Income taxes67/77 | €20,881 | €34,859 | €530 | €20,168 | €18,867 | ▼ 6.5% |
| Profit (loss) for the period9904 | €40,067 | €78,286 | -€212,827 | €115,184 | -€238,321 | ▼ 307% |
| Transfer from tax-exempt reserves789 | €245,214 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €285,281 | €78,286 | -€212,827 | €115,184 | -€238,321 | ▼ 307% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.3m | €1.9m | €2.0m | €1.7m | ▼ 16.4% |
| Fixed assets21/28 | €537,518 | €792,438 | €805,377 | €752,590 | €690,287 | ▼ 8.3% |
| Intangible fixed assets21 | - | - | €662 | €514 | €354 | ▼ 31.2% |
| Tangible fixed assets22/27 | €528,453 | €792,438 | €804,715 | €752,076 | €689,933 | ▼ 8.3% |
| Land and buildings22 | €295,480 | €500,517 | €523,886 | €505,593 | €472,583 | ▼ 6.5% |
| Plant, machinery and equipment23 | €1,909 | €2,945 | €19,114 | €17,150 | €14,626 | ▼ 14.7% |
| Furniture and vehicles24 | €19,790 | €49,017 | €50,443 | €67,019 | €40,411 | ▼ 39.7% |
| Other tangible fixed assets26 | €211,273 | €211,273 | €211,273 | €162,314 | €162,314 | = |
| Assets under construction and advance payments27 | - | €28,687 | €0 | - | - | - |
| Financial fixed assets28 | €9,065 | - | - | - | - | - |
| Current assets29/58 | €1.5m | €1.5m | €1.1m | €1.3m | €1.0m | ▼ 21.2% |
| Amounts receivable after more than one year29 | €944,207 | €887,511 | €610,889 | €635,324 | €639,428 | ▲ 0.6% |
| Trade receivables290 | - | €887,511 | €610,889 | €635,324 | €639,428 | ▲ 0.6% |
| Other amounts receivable291 | €944,207 | - | - | - | - | - |
| Stocks and contracts in progress3 | €58,066 | €33,071 | €13,029 | €13,029 | €13,029 | = |
| Stocks30/36 | €58,066 | €33,071 | €13,029 | €13,029 | €13,029 | = |
| Amounts receivable within one year40/41 | €513,049 | €574,084 | €456,332 | €621,225 | €346,683 | ▼ 44.2% |
| Trade receivables40 | €49,529 | €41,545 | €13,624 | €5,200 | €1,535 | ▼ 70.5% |
| Other amounts receivable41 | €463,519 | €532,540 | €442,708 | €616,025 | €345,148 | ▼ 44.0% |
| Cash at bank and in hand54/58 | €1,626 | €11,273 | €4,885 | €56 | €3,271 | ▲ 5,764% |
| Deferred charges and accrued income490/1 | €31,665 | - | €1,396 | €3,301 | €1,285 | ▼ 61.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.3m | €1.9m | €2.0m | €1.7m | ▼ 16.4% |
| Equity10/15 | €1.9m | €2.0m | €1.8m | €1.9m | €1.6m | ▼ 12.7% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €489,442 | €489,442 | €489,442 | €604,626 | €629,691 | ▲ 4.1% |
| Non-distributable reserves130/1 | €114,327 | €114,327 | €114,327 | €114,327 | €114,327 | = |
| Legal reserve130 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Reserves not available under the articles1311 | €15,169 | €15,169 | €15,169 | €15,169 | €15,169 | = |
| Tax-exempt reserves132 | €349,050 | €349,050 | €349,050 | €349,050 | €349,050 | = |
| Distributable reserves133 | €26,065 | €26,065 | €26,065 | €141,249 | €166,314 | ▲ 17.7% |
| Profit (loss) carried forward14 | €1.3m | €1.4m | €1.2m | €1.2m | €915,734 | ▼ 22.3% |
| Amounts payable17/49 | €183,028 | €316,988 | €123,348 | €141,779 | €48,558 | ▼ 65.8% |
| Amounts payable within one year42/48 | €158,028 | €314,988 | €121,348 | €139,779 | €46,558 | ▼ 66.7% |
| Current portion of amounts payable after more than one year42 | €12,361 | - | - | - | - | - |
| Financial debts43 | - | €1,365 | €4,993 | €671 | €119 | ▼ 82.3% |
| Credit institutions430/8 | - | €1,365 | €4,993 | €671 | €119 | ▼ 82.3% |
| Trade debts44 | €69,940 | €212,457 | €102,602 | €111,974 | €41,771 | ▼ 62.7% |
| Suppliers440/4 | €69,940 | €212,457 | €102,602 | €111,974 | €41,771 | ▼ 62.7% |
| Advances received on contracts in progress46 | - | €4,222 | €8,222 | €1,968 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €21,789 | €36,800 | €0 | €23,524 | €2,153 | ▼ 90.8% |
| Taxes450/3 | €21,789 | €36,800 | €0 | €23,524 | €2,153 | ▼ 90.8% |
| Other amounts payable47/48 | €53,938 | €60,143 | €5,531 | €1,641 | €2,516 | ▲ 53.3% |
| Accrued charges and deferred income492/3 | €25,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,067 | €78,286 | -€212,827 | €115,184 | -€238,321 | ▼ 307% |
| + Depreciation and write-downs630 | €34,581 | €33,031 | €37,572 | €43,783 | €46,634 | ▲ 6.5% |
| Operating cash flow (approximation) | €74,648 | €111,317 | -€175,255 | €158,967 | -€191,687 | ▼ 221% |
| Investment in fixed assets (approximation) | - | -€287,950 | -€50,511 | €9,005 | €15,669 | ▲ 74.0% |
| Change in cash | - | €9,647 | -€6,387 | -€4,830 | €3,215 | ▲ 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
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 21.56
Current ratio from 9.11 to 21.56; short-term debt falls from €139,779 to €46,558.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-11
Financial
Back to profitnet €115,184
Net result €115,184 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 12 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-11
Financial
Back to profitnet €40,067
Net result €40,067 after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 7 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 16 days late
2019
30-11
Financial
Weakest financial yearnet -€738,237
Net result drops to -€738,237, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 74 days late
27-03
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel Antwerpen, afdeling Antwerpen
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 256 days late
13-02
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Antwerpen · event 08-02-2018
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Edegem · 1 establishment unit since 1968
Ground area
798 m²
Building footprint
173 m²
Volume, LiDAR
1,744 m³
2 parcels, Flanders · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Henri Van Heurckstraat 3, 2000 Antwerpen
since 19682.002.261.330
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0125/00G018 | Flanders | 643 m² | 1 · 98 m² | 10.1 m · 2 fl. |
| 11803C0950/00D000 | Flanders | 155 m² | 1 · 75 m² | 17.4 m · 5 fl. |
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 | Mr RAUTER PHILIP PALEISSTRAAT 47, 2018 ANTWERPEN 1 |
08-02-2018 → 27-03-2018 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.002.261.330
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Of 1,854 companies in sector 55204 we hold annual accounts for 451. 152 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
Founded26-12-1968
Fiscal year end31-12
Activities, NACEBEL 2025
55204Guest rooms (bed and breakfast)
55100Hotels and similar accommodation
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406089906
Also
9925:BE0406089906
Registered
08-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.