FasterCAD
ActiveSummary
FasterCAD has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21,626 and a net result of €18,941. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+76
Solvency56▲+20
Growth60▲+22
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.35 against 0.85 in 2023; short-term debt: 68.9% and cash: 81.8% of total assets), and 68.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
31.1%
Return on assets
27.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €21,626
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-11-2025, 102 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
102 d late
2023
449 d late
2022
810 d late
2021
115 d late
2020
243 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 303 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€115,211▲ 19.3%
2023 · €96,611
EBIT margin
27.0%▲ 27.3pp
2023 · -0.3%
Net result
€18,941
2023 · -€2,415
Working capital
€16,610
2023 · -€3,107
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20202021202220232024
Turnover€123,742€137,030▲ 10.7%€96,611▼ 29.5%€115,211▲ 19.3%
Operating result€21,574€16,052▼ 25.6%€15,120▼ 5.8%-€287€31,077
Net result€20,783within the sector's middle half€14,328within the sector's middle half▼ 31.1%-€3,149below the sector's middle half-€2,415below the sector's middle half▲ 23.3%€18,941within the sector's middle half
EBIT margin13.0%11.0%▼ 1.9pp-0.3%▼ 11.3pp27.0%▲ 27.3pp
Equity-€6,079below the sector's middle half▲ 77.4%€8,249below the sector's middle half€5,100below the sector's middle half▼ 38.2%€2,685below the sector's middle half▼ 47.4%€21,626below the sector's middle half▲ 705%
Total assets€35,302below the sector's middle half▼ 32.2%€55,518below the sector's middle half▲ 57.3%€49,609below the sector's middle half▼ 10.6%€23,438below the sector's middle half▼ 52.8%€69,617within the sector's middle half▲ 197%
Debt€41,381▼ 47.6%€47,269▲ 14.2%€44,509▼ 5.8%€20,753▼ 53.4%€47,991▲ 131%
Working capital-€7,308below the sector's middle half▲ 84.3%-€19,416below the sector's middle half▼ 166%-€12,270below the sector's middle half▲ 36.8%-€3,107below the sector's middle half▲ 74.7%€16,610within the sector's middle half
Solvency-17.2%below the sector's middle half▲ 34.4pp14.9%below the sector's middle half▲ 32.1pp10.3%below the sector's middle half▼ 4.6pp11.5%below the sector's middle half▲ 1.2pp31.1%within the sector's middle half▲ 19.6pp
Current ratio0.79below the sector's middle half▲ 0.510.59below the sector's middle half▼ 0.200.72below the sector's middle half▲ 0.140.85below the sector's middle half▲ 0.131.35within the sector's middle half▲ 0.50
Return on assets (ROA)58.9%above the sector's middle half▲ 119.4pp25.8%above the sector's middle half▼ 33.1pp-6.3%below the sector's middle half▼ 32.2pp-10.3%below the sector's middle half▼ 4.0pp27.2%above the sector's middle half▲ 37.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €31,077 after a loss of €287 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69,617
Fixed assets
€5,016 ▼ 13.4%
Current assets
€64,601 ▲ 266%
Equity and liabilities €69,617
Equity
€21,626 ▲ 705%
Debt
€47,991 ▲ 131%
Debt's share of the balance-sheet total falls from 88.5% to 68.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,941▲
2023 · €2,236
Cash flow
€21,805▲
2023 · €108
Debt to equity
2.22▼
2023 · 7.73
ROE
87.6%▲
2023 · -89.9%
Interest coverage
52.14▲
2023 · 1.89
Debt ≤ 1 year
€47,991▲
2023 · €20,753
Income taxes
€11,485▲
2023 · €956
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €123,742 | €137,030 | €96,611 | €115,211 | ▲ 19.3% |
| Non-recurring operating income76A | - | €49,908 | - | €13,698 | €4,609 | ▼ 66.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €139,226 | €98,347 | €102,033 | €82,199 | ▼ 19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,684 | €15,981 | €14,790 | €2,523 | €2,864 | ▲ 13.5% |
| Other operating charges640/8 | - | €5,627 | €4,350 | €5,640 | €3,680 | ▼ 34.8% |
| Non-recurring operating charges66A | - | €233 | €6,978 | €421 | - | - |
| Gross operating margin9900 | €46,446 | €37,893 | €41,238 | €8,297 | €37,621 | ▲ 353% |
| Operating profit (loss)9901 | €21,574 | €16,052 | €15,120 | -€287 | €31,077 | ▲ 10,928% |
| Financial income75/76B | - | - | €2 | €9 | - | - |
| Recurring financial income75 | - | - | €2 | €9 | - | - |
| Financial charges65/66B | - | €1,724 | €957 | €1,181 | €651 | ▼ 44.9% |
| Recurring financial charges65 | €791 | €1,724 | €957 | €1,181 | €651 | ▼ 44.9% |
| Profit (loss) for the period before taxes9903 | €20,783 | €14,328 | €14,165 | -€1,459 | €30,426 | ▲ 2,185% |
| Income taxes67/77 | - | - | €17,314 | €956 | €11,485 | ▲ 1,101% |
| Profit (loss) for the period9904 | €20,783 | €14,328 | -€3,149 | -€2,415 | €18,941 | ▲ 884% |
| Profit (loss) for the period to be appropriated9905 | €20,783 | €14,328 | -€3,149 | -€2,415 | €18,941 | ▲ 884% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,302 | €55,518 | €49,609 | €23,438 | €69,617 | ▲ 197% |
| Fixed assets21/28 | €8,601 | €27,665 | €17,370 | €5,792 | €5,016 | ▼ 13.4% |
| Tangible fixed assets22/27 | €8,601 | €27,665 | €17,370 | €5,792 | €5,016 | ▼ 13.4% |
| Land and buildings22 | - | €268 | €76 | - | - | - |
| Furniture and vehicles24 | - | €27,397 | €17,294 | €5,792 | €5,016 | ▼ 13.4% |
| Current assets29/58 | €26,701 | €27,853 | €32,239 | €17,646 | €64,601 | ▲ 266% |
| Amounts receivable within one year40/41 | €9,799 | €14,798 | €32,239 | €8,601 | €7,667 | ▼ 10.9% |
| Trade receivables40 | - | €4,791 | €18,032 | - | - | - |
| Other amounts receivable41 | - | €10,007 | €14,207 | €8,601 | €7,667 | ▼ 10.9% |
| Current investments50/53 | - | €1,328 | - | - | - | - |
| Cash at bank and in hand54/58 | €16,902 | €11,727 | - | €9,045 | €56,934 | ▲ 529% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,302 | €55,518 | €49,609 | €23,438 | €69,617 | ▲ 197% |
| Equity10/15 | -€6,079 | €8,249 | €5,100 | €2,685 | €21,626 | ▲ 705% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €378 | €378 | €378 | €378 | €378 | = |
| Tax-exempt reserves132 | - | €378 | €378 | €378 | €378 | = |
| Profit (loss) carried forward14 | -€25,057 | -€10,729 | -€13,878 | -€16,293 | €2,648 | ▲ 116% |
| Amounts payable17/49 | €41,381 | €47,269 | €44,509 | €20,753 | €47,991 | ▲ 131% |
| Amounts payable after more than one year17 | €7,372 | - | - | - | - | - |
| Amounts payable within one year42/48 | €34,009 | €47,269 | €44,509 | €20,753 | €47,991 | ▲ 131% |
| Current portion of amounts payable after more than one year42 | - | €7,372 | - | - | - | - |
| Financial debts43 | - | - | €334 | - | - | - |
| Credit institutions430/8 | - | - | €334 | - | - | - |
| Trade debts44 | €7,372 | €12,308 | €5,035 | €1,363 | €128 | ▼ 90.6% |
| Suppliers440/4 | - | €12,308 | €5,035 | €1,363 | €128 | ▼ 90.6% |
| Taxes, remuneration and social security45 | - | €27,589 | €39,140 | €19,390 | €47,863 | ▲ 147% |
| Taxes450/3 | - | €27,589 | €39,140 | €19,390 | €47,863 | ▲ 147% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,783 | €14,328 | -€3,149 | -€2,415 | €18,941 | ▲ 884% |
| + Depreciation and write-downs630 | €23,684 | €15,981 | €14,790 | €2,523 | €2,864 | ▲ 13.5% |
| Operating cash flow (approximation) | €44,467 | €30,309 | €11,641 | €108 | €21,805 | ▲ 20,090% |
| Investment in fixed assets (approximation) | - | -€35,045 | -€4,495 | €9,055 | -€2,088 | ▼ 123% |
| Change in cash | - | -€5,175 | - | - | €47,889 | - |
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
2025
10-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 102 days late
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 449 days late
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 810 days late
2024
31-12
Financial
Back to profitnet €18,941
Net result €18,941 after 2 loss-making years.
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 115 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 243 days late
2020
31-12
Financial
Back to profitnet €20,783
Net result €20,783 after 2 loss-making years.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet -€31,516
Net result drops to -€31,516, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 39 days late
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 1 establishment unit since 2015
Ground area
402 m²
Building footprint
103 m²
Volume, LiDAR
495 m³
Parcel 57078D1074/00K000, Wallonia · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FasterCAD
since 20152.245.099.642
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078D1074/00K000 | Wallonia | 402 m² | 1 · 103 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,074 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded01-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mail
guillaume@fastercad.comTournai
Phone
0488/041793Tournai
E-invoicing
Reachable via Peppol
Peppol ID
0208:0635918637
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.