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Fastback

Active Private limited companyfounded 2013active for 13 yearsChaussée de Marche 458, 5101 NamurKBO/BCE: BE 0524.702.296 subsidiary of #3 company by equity in Namur, Telecoms and IT sector

Lifetime

11 annual accounts with figures on one time axis
peak €5.8m (2024)
€5.8m15 months
lowest -€488 (2016)
€2.9m15 months
peak €4.4m (2024)
€4.4m▲ 24.3%
€1.6m▲ 38.2%
peak 13.9 FTE (2024)
13.9 FTE▲ 23.0%
Board6 names since 2022
1 director
Owners
100%
Documentsfilings and deeds
31-08-202531 days late
2024financial year
Financial year from 01-10-2023 to 31-12-2024, 15 monthsStaff from 11.3 FTE to 13.9 FTEAmendment of the articles 07-10Dividend €2.0mEquity from €3.5m to €4.4mDebts from €1.2m to €1.6m

Key points

from the 2024 annual accounts

Equity

€4.4m ▲ 24.3%
3.52023+2.9Profit-2.0Dividend4.42024

Fastback paid out €2.0m in dividends. That is 70% of the 2024 profit.

Result

€2.9m ▲ 89.4%
€1.5m2023€2.9m2024

The result rose in 2024: 15-month financial year.

Debts

€1.6m ▲ 38.2%
Taxes and wages
+0.6
Suppliers
+0.1
Other debts
+0.02
The rest
-0.3

Debts rose by €439,530 in 2024. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

19 employees on 31-12-2024
2220224220231042024

In 2024, 10 people joined and 4 left.

Filings

11 annual accounts since 2014
AprilJune31 JulyOctober20152020

Two of the last ten came late. The 2015 accounts came latest: 61 days after the end of the period.

Position in the sector

€2.9m

Higher net result than 94% of companies in computer programming and consultancy. Sector median €33,406 · 1,508 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,806 companies had the same profile as Fastback has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,806 companies, not a prediction for Fastback. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 22-08-2022
Auditor,
  • 100%score equity €1.2m (2024) · annual accounts 2024

Shares in 1 company,

Board & ownership

Recent changes

Appointment: (statutory auditor) Gazette deed
Resignation: (day-to-day manager) Board meeting of 18-08-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0524702296
Resignation: (day-to-day manager) Board meeting of 18-08-2025 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
Fastback Namur €6.0m €5.8m 73.5% 13.9
SORTLIST Wavre €5.5m €4.4m 21.9% 20.8
HRWeb Solutions Zaventem €7.8m €5.4m 55.1% 23.4
ACSONE Waterloo €7.5m €5.5m 62.4% 29.8
GIM WALLONIE Gembloux €4.4m €4.1m 70.2% 27.2
LetsBuild Belgium SA Braine-l'Alleud €3.9m €3.5m -109.8% 15.6
TEAL PARTNERS Antwerp €4.8m €6.6m 39.6% 34.1

These companies have the same main activity as Fastback: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €3.9m and €7.8m, founded between 2007 and 2015.

Official details

Source: KBO
Status
Active since 21-03-2013Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.238.826.5145101 Namur, since 01-05-2013
Financial year end
31 December
Peppol
Reachable since 13-10-2025
Company details

Annual accounts 2024

≈ €14.0mestimated
€6.0m
Employeeson 31-12-2024
19
Filing
Filed on 31-08-2025
Financials

Insights on Fastback

Fastback has existed since 2013. In 2017 the gross margin rose from €150,395 to €378,299 and staff from 2.1 to 3.7 full-time equivalents.

The gross margin has grown every year since.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Fastback

What is the company number of Fastback?
The company number of Fastback is 0524.702.296. The VAT number is the same number with BE in front: BE 0524.702.296.
Where is Fastback based?
The registered office is at Chaussée de Marche 458, 5101 Namur.Company details
What does Fastback do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Fastback?
Fastback is a private limited company (BV).
When was Fastback founded?
Fastback was founded on 21-03-2013.
Is Fastback still active?
Yes, Fastback is an active enterprise in the KBO register.
How many employees does Fastback have?
Fastback had an average of 13.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Fastback?
The turnover in financial year 2024 is ≈ €14.0m. This figure is estimated from the gross margin of €5.8m and 117 comparable companies (NACE 62200). It probably lies between €11.0m and €20.0m.
Is Fastback profitable?
In financial year 2024, Fastback made a profit of €2.9m.
Where can I find the annual accounts of Fastback?
Fastback filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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