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FASTLANE DEVELOPMENT

Active
Private limited companyfounded 201510 yrs activeKouterlaan (GRE) 1, 9200 Dendermonde, BelgiumKBO/BCE: BE 0644.762.463

FASTLANE DEVELOPMENT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €291k and a net result of €31k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 712 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
60 / 100
Healthy▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-20
Solvency29▼-68
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 2.26 in 2024), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.3%
Return on assets
2.1%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
1 d early
2023
5 d early
2022
4 d early
2021
2 d early
2020
30 d late
2019
24 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€291k▼ 69.7%
2024 · €959k
2018: €1.16M 2019: €1.59M 2020: €283k 2021: €757k 2022: €832k 2023: €908k 2024: €959k
2018 → 2025
Total assets
€1.50M▼ 12.1%
2024 · €1.71M
2018: €3.74M 2019: €4.55M 2020: €2.72M 2021: €2.12M 2022: €2.42M 2023: €2.79M 2024: €1.71M
2018 → 2025
Net result
€31k▼ 77.9%
2024 · €142k
2018: €500k 2019: €431k 2020: €524k 2021: €473k 2022: €255k 2023: €256k 2024: €142k
2018 → 2025
Working capital
€279k▼ 70.5%
2024 · €947k
2018: €1.97M 2019: €2.66M 2020: €1.75M 2021: €757k 2022: €832k 2023: €908k 2024: €947k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€757k-€832k▲ 9.9%€908k▲ 9.1%€959k▲ 5.7%€291k▼ 69.7%
Operating result€662k-€374k▼ 43.6%€387k▲ 3.6%€225k▼ 41.8%€70k▼ 68.7%
Net result€473k-€255k▼ 46.2%€256k▲ 0.4%€142k▼ 44.7%€31k▼ 77.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2021: €662k€662kNet result 2021: €473k€473kOperating result 2022: €374k€374kNet result 2022: €255k€255kOperating result 2023: €387k€387kNet result 2023: €256k€256kOperating result 2024: €225k€225kNet result 2024: €142k€142kOperating result 2025: €70k€70kNet result 2025: €31k€31k20212022202320242025
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.50M
Fixed assets €11k▼ 12.5%
Current assets €1.49M▼ 12.1%
Equity and liabilities €1.50M
Equity €291k▼ 69.7%
Debt €1.21M▲ 61.5%
The debt ratio rises from 43.9% to 80.7%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€72k
2024 · €226k
Cash flow
€33k
2024 · €142k
Solvency
19.3%
2024 · 56.1%
Current ratio
1.23
2024 · 2.26
Quick ratio
1.03
2024 · 1.54
Debt / equity
4.17
2024 · 0.78
ROE
10.8%
2024 · 14.8%
ROA
2.1%
2024 · 8.3%
Interest coverage
2.52
2024 · 6.32
Debt
€1.21M
2024 · €751k
Debt ≤ 1 year
€1.21M
2024 · €751k
Income taxes
€10k
2024 · €48k
Staff costs
€125k
2024 · €125k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.71M€1.50M
Fixed assets21/28€13k€11k
Tangible fixed assets22/27€8k€6k
Furniture and vehicles24€8k€6k
Financial fixed assets28€5k€5k=
Current assets29/58€1.70M€1.49M
Stocks and contracts in progress3€539k€244k
Stocks30/36€539k€244k
Amounts receivable within one year40/41€694k€579k
Trade receivables40€522k€473k
Other amounts receivable41€173k€106k
Cash at bank and in hand54/58€460k€666k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€1.71M€1.50M
Equity10/15€959k€291k
Contributions10/11€250k€250k=
Reserves13€709k€41k
Distributable reserves133€709k€41k
Amounts payable17/49€751k€1.21M
Amounts payable within one year42/48€751k€1.21M
Trade debts44€648k€606k
Suppliers440/4€648k€606k
Taxes, remuneration and social security45€13k€15k
Taxes450/3€77€2k
Remuneration and social security454/9€13k€12k
Other amounts payable47/48€90k€593k
Accrued charges and deferred income492/3€256-
Income statement Code20242025
Non-recurring operating income76A€8k€2k
Remuneration, social security and pensions62€125k€125k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371€2k
Other operating charges640/8€1k€1k
Non-recurring operating charges66A€419-
Gross operating margin9900€353k€199k
Operating profit (loss)9901€225k€70k
Financial income75/76B€77€1
Recurring financial income75€77€1
Financial charges65/66B€36k€29k
Recurring financial charges65€36k€29k
Profit (loss) for the period before taxes9903€190k€42k
Income taxes67/77€48k€10k
Profit (loss) for the period9904€142k€31k
Profit (loss) for the period to be appropriated9905€142k€31k
Appropriation of the result
Profit (loss) to be appropriated9906€142k€31k
Transfer from equity791/2-€700k
Transfer to equity691/2€52k€31k
To other reserves6921€52k€31k
Profit to be distributed694/7€90k€700k
Return on contributions (dividend)694€90k€700k
Social balance
Average headcount (FTE)90872.01.9

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €31k ▼77.9%
Net result drops to €31k, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €500kEq €757k ▲167%
4 profitable years in a row build equity to €757k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Highest result since 2018net €524k ▲21.6%
Net result €524k, the highest in the series.
24-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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
Registered office, Dendermonde · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Kouterlaan (GRE) 19200 Dendermonde
Ground area
3,524 m²
Building footprint
917 m²
Volume, LiDAR
3,581 m³
Parcel 42007A0732/00C000, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fastlane Development
Kouterlaan (GRE) 1, 9200 DendermondeWholesale trade
since 20162.249.953.107
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42007A0732/00C000 Flanders 3,524 m² 1 · 917 m² 11.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 466 companies in sector 46442 we hold annual accounts for 329. 243 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
46442Wholesale trade
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.