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Faster

Active
Private limited companyfounded 2020active for 5 yearsKBO/BCE: BE 0758.434.288
Summary

The computed 12-month bankruptcy probability of Faster is at least 25% (high). For Faster, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €15,532 and a net result of €7,151. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, full format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 14 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,151
2021 · -€2,107
Working capital
€13,815
2021 · -€107
Trend over the years

2021 to 2023, 2 financial years

The operating result is €7,400 in 2023, compared with -€2,103 in 2021. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,400 2023 Net result€7,151 2023

Use the arrow keys on the chart for the figures per year.

Available amounts per financial year
Line20212023
Operating result-€2,103-€7,400-
Net result-€2,107-€7,151-
Equity-€107-€15,532-
Total assets€93-€16,959-
Debt€200-€1,427-
Working capital-€107-€13,815-
Balance-sheet composition
Assets €16,959
Fixed assets €1,717
Current assets €15,242
Equity and liabilities €16,959
Equity €15,532
Debt €1,427
Debt finances 8.4% of the balance-sheet total.
Key figures and ratios
2023 value · change against 2021
EBITDA
€8,358
Cash flow
€8,109
Current ratio
10.68
Debt to equity
0.09
ROE
46.0%
ROA
42.2%
Interest coverage
42.00
Debt ≤ 1 year
€1,427▲
2021 · €200
Income taxes
€50
Staff costs
€882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2021 · 34 lines
Balance sheet Code20212023
Assets
Total assets20/58€93€16,959▲
Fixed assets21/28-€1,717
Tangible fixed assets22/27-€1,717
Furniture and vehicles24-€1,717
Current assets29/58€93€15,242▲
Amounts receivable within one year40/41-€14,953
Trade receivables40-€4,630
Other amounts receivable41-€10,323
Cash at bank and in hand54/58€93€289▲
Equity and liabilities
Total equity and liabilities10/49€93€16,959▲
Equity10/15-€107€15,532▲
Contributions10/11€2,000€2,000=
Capital10€2,000€2,000=
Issued capital100€2,000€2,000=
Profit (loss) carried forward14-€2,107€13,532▲
Amounts payable17/49€200€1,427▲
Amounts payable within one year42/48€200€1,427▲
Financial debts43-€10
Other loans439-€10
Other amounts payable47/48€200€1,417▲
Income statement Code20212023
Goods, raw materials, services and sundry goods60/61€2,103-
Remuneration, social security and pensions62-€882
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€958
Other operating charges640/8-€481
Gross operating margin9900-€2,103€9,721▲
Operating profit (loss)9901-€2,103€7,400▲
Financial charges65/66B€4€199▲
Recurring financial charges65€4€199▲
Profit (loss) for the period before taxes9903-€2,107€7,201▲
Income taxes67/77-€50
Profit (loss) for the period9904-€2,107€7,151▲
Profit (loss) for the period to be appropriated9905-€2,107€7,151▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,107€13,532▲
Profit (loss) brought forward from the previous period14P-€6,381

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212023Change
Goods, raw materials, services and sundry goods60/61€2,103--
Remuneration, social security and pensions62-€882-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€958-
Other operating charges640/8-€481-
Gross operating margin9900-€2,103€9,721-
Operating profit (loss)9901-€2,103€7,400-
Financial charges65/66B€4€199-
Recurring financial charges65€4€199-
Profit (loss) for the period before taxes9903-€2,107€7,201-
Income taxes67/77-€50-
Profit (loss) for the period9904-€2,107€7,151-
Profit (loss) for the period to be appropriated9905-€2,107€7,151-
Line20212023Change
Assets
Total assets20/58€93€16,959-
Fixed assets21/28-€1,717-
Tangible fixed assets22/27-€1,717-
Furniture and vehicles24-€1,717-
Current assets29/58€93€15,242-
Amounts receivable within one year40/41-€14,953-
Trade receivables40-€4,630-
Other amounts receivable41-€10,323-
Cash at bank and in hand54/58€93€289-
Equity and liabilities
Total equity and liabilities10/49€93€16,959-
Equity10/15-€107€15,532-
Contributions10/11€2,000€2,000-
Capital10€2,000€2,000-
Issued capital100€2,000€2,000-
Profit (loss) carried forward14-€2,107€13,532-
Amounts payable17/49€200€1,427-
Amounts payable within one year42/48€200€1,427-
Financial debts43-€10-
Other loans439-€10-
Other amounts payable47/48€200€1,417-
Line20212023Change
Profit (loss) for the period9904-€2,107€7,151-
+ Depreciation and write-downs630-€958-
Operating cash flow (approximation)-€2,107€8,109-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2023 full format 19-11-2024 2024-00601837
31-12-2021 micro format 13-06-2023 2023-00125245

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.