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FAST X

Active
Private limited companyfounded 2016active for 10 yearsBergstraat 24, 8573 Anzegem, Belgium14 active companies are registered at this addressKBO/BCE: BE 0645.801.056
Summary

FAST X has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,591 and a net result of -€28,031. Equity is shrinking by about 3.4% per year across the filed financial years. Its solvency ranks better than 47% of 9,701 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
1 site
Size
€210,965total assets 2025
Equity
€85,591
Loss
-€28,031
Turnover not published (abbreviated format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
Company X · 100%
Accounts 35 days early1 of 8 deeds read
Why 65raises riskLoss of €28,031, the second in a row (financial year 2025)Liquidity: current ratio 1.69, cash €4,086Sector: Wholesale trade (NACE 46)lowers riskSize: total assets €210,965Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 66-6
equity 40.6% of total assets
Liquidity 22-4
short-term debt 59.3% · cash 1.9%
Profitability 4+4
return on assets -13.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 0.6%▼ -0.7 percentage points vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -0.4 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.69, compared with 1.9 in 2024, above the usual 1.5; short-term debt: 59.3% and cash: 1.9% of total assets), but 59.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 49% on solvency, 20% on liquidity, 14% on profitability and 17% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €28,031, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €210,965
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.69, cash €4,086
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€28,031
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
35 days early
2023
12 days late
2022
137 days early
2021
144 days early
2020
142 days early
2019
154 days early
← 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 91 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 26 June (4 of the last 5 filed years within 102 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€36,820

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€28,031 View
  • Caution: Among the weakest 14% on net resultsector median €27,137 · 9,680 companies -€28,031 View
  • Controlled by Company X 100% View

By topic

Financials

Financial year
2025
Total assets
€210,965
Loss
-€28,031
Solvency
40.6%
Total assets▼ 12.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 12-08-2024Annual accounts filed
  2. 28-03-2024Appointment: Arno Soete BV (director)
  3. 16-03-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
11-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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