FASTA
InactiveFASTA was declared bankrupt on 06-12-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 19-03-2024, published in the Belgian State Gazette on 27-03-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 08-10-2022, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
23 d early
2021
22 d early
2020
19 d early
2019
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-131k▲ 94.2%
2021 · €-2.23M
2019: €-2.23M
2020: €-2.25M
2021: €-2.23M
2019 → 2022
Total assets
€33k▲ 3.8%
2021 · €32k
2019: €32k
2020: €32k
2021: €32k
2019 → 2022
Net result
€2.10M▲ 14,200%
2021 · €15k
2019: €-163k
2020: €-14k
2021: €15k
2019 → 2022
Working capital
€-137k▲ 67.2%
2021 · €-419k
2019: €-421k
2020: €-435k
2021: €-419k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-2.23M-€-2.25M▼ 0.6%€-2.23M▲ 0.7%€-131k▲ 94.2%
Operating result€-4k-€-5k▼ 3.7%€20k€-2k
Net result€-163k-€-14k▲ 91.1%€15k€2.10M▲ 14,200%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €2k after €20k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €33k
Fixed assets
€18k=
Current assets
€15k▲ 8.7%
Key figures and ratios
Solvency
-393.8%
Current ratio
0.10▲
2021 · 0.03
Quick ratio
0.10▲
2021 · 0.03
Debt / equity
-1.25▼
2021 · -0.63
Debt
€164k▼
2021 · €2.27M
Debt ≤ 1 year
€153k▼
2021 · €433k
Income taxes
€9k
A ratio outside any meaningful range has been withheld (balance sheet total €33k, equity €-131k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€32k€33k▲
Fixed assets21/28€18k€18k=
Financial fixed assets28€18k€18k=
Current assets29/58€14k€15k▲
Amounts receivable within one year40/41€14k€15k▲
Trade receivables40-€15k
Other amounts receivable41-€49
Equity and liabilities
Total equity and liabilities10/49€32k€33k▲
Equity10/15€-2.23M€-131k▲
Contributions10/11€1.79M€1.79M=
Capital10-€1.79M
Issued capital100-€1.79M
Reserves13€32k€32k=
Non-distributable reserves130/1-€32k
Legal reserve130-€32k
Profit (loss) carried forward14€-4.06M€-1.95M▲
Amounts payable17/49€2.27M€164k▼
Amounts payable after more than one year17€1.40M-
Amounts payable within one year42/48€433k€153k▼
Trade debts44€908€908=
Suppliers440/4-€908
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48-€137k
Accrued charges and deferred income492/3-€11k
Income statement
Code20212022
Other operating charges640/8-€348
Gross operating margin9900€21k€-1k▼
Operating profit (loss)9901€20k€-2k▼
Financial income75/76B-€2.13M
Recurring financial income75€14k€14k=
Non-recurring financial income76B-€2.12M
Financial charges65/66B-€19k
Recurring financial charges65€19k€19k▼
Profit (loss) for the period before taxes9903€15k€2.11M▲
Income taxes67/77-€9k
Profit (loss) for the period9904€15k€2.10M▲
Profit (loss) for the period to be appropriated9905€15k€2.10M▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-1.95M
Profit (loss) brought forward from the previous period14P-€-4.06M
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
27-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · FASTA NV PRINSEN- STRAAT 4/0, 1850 GRIMBERGEN · event 19-03-2024
2022
13-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FASTA NV PRINSEN- STRAAT 4/0, 1850 GRIMBERGEN · event 06-12-2022
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €2.10M ▲14200%
Net result €2.10M, the highest in the series.
2021
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
27-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 361 days late
27-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 726 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
06-12-2022 → present |