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Fastlife

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Private limited companyfounded 2021KBO/BCE: BE 0778.335.621
FastlifeOpen bankruptcy

Financials · financial year 2024, micro format

Annual accounts 2024 filed on 05-03-2025 PDF all 3 filings

Turnover
≈ €210,000
Estimated: probably between €110,000 and €480,000
Total assets
€98,535▼ 19.0%
2023 · €121,588
Net result
-€9,001
2023 · €12,911
Working capital
-€15,426▼ 371%
2023 · -€3,272
Trend over the years

2022 to 2024, 3 financial years

The operating result for 2024 is a loss of €5,519, after a profit of €14,146 in 2023.

Operating result-€5,519 2024 Net result-€9,001 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result-€19,102-€14,146-€5,519
Net result-€19,136below the sector's middle half-€12,911within the sector's middle half-€9,001below the sector's middle half
Equity€5,864within the sector's middle half-€18,775within the sector's middle half▲ 220%€9,775within the sector's middle half▼ 47.9%
Total assets€133,503within the sector's middle half-€121,588within the sector's middle half▼ 8.9%€98,535within the sector's middle half▼ 19.0%
Debt€127,639-€102,813▼ 19.5%€88,760▼ 13.7%
Working capital-€11,751within the sector's middle half--€3,272within the sector's middle half▲ 72.2%-€15,426within the sector's middle half▼ 371%
Solvency4.4%within the sector's middle half-15.4%within the sector's middle half▲ 11.0pp9.9%within the sector's middle half▼ 5.5pp
Current ratio0.63within the sector's middle half-0.83within the sector's middle half▲ 0.210.48below the sector's middle half▼ 0.35
Return on assets (ROA)-14.3%below the sector's middle half-10.6%within the sector's middle half▲ 25.0pp-9.1%below the sector's middle half▼ 19.8pp
above within below The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98,535
Fixed assets €84,200 ▼ 19.8%
Current assets €14,335 ▼ 13.3%
Equity and liabilities €98,535
Equity €9,775 ▼ 47.9%
Debt €88,760 ▼ 13.7%
Debt's share of the balance-sheet total rises from 84.6% to 90.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€17,412▼
2023 · €35,026
Cash flow
€13,930▼
2023 · €33,792
Quick ratio
0.41▼
2023 · 0.75
Debt to equity
9.08▲
2023 · 5.48
ROE
-92.1%▼
2023 · 68.8%
Interest coverage
5.00▼
2023 · 28.37
Debt ≤ 1 year
€29,760▲
2023 · €19,813
Debt > 1 year
€59,000▼
2023 · €83,000
Staff costs
€0▲
2023 · -€350
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 · 2024 against 2023 · 39 lines

Source: Annual accounts 2024 (PDF), filed on 05-03-2025.

Balance sheet Code20232024
Assets
Total assets20/58€121,588€98,535▼
Fixed assets21/28€105,047€84,200▼
Tangible fixed assets22/27€104,665€83,818▼
Land and buildings22€62,116€50,339▼
Plant, machinery and equipment23€41,391€32,654▼
Furniture and vehicles24€1,158€824▼
Financial fixed assets28€383€383=
Current assets29/58€16,541€14,335▼
Stocks and contracts in progress3€1,632€2,132▲
Stocks30/36€1,632€2,132▲
Amounts receivable within one year40/41€4,728€178▼
Other amounts receivable41€4,728€178▼
Cash at bank and in hand54/58€10,180€12,024▲
Equity and liabilities
Total equity and liabilities10/49€121,588€98,535▼
Equity10/15€18,775€9,775▼
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14-€6,225-€15,226▼
Amounts payable17/49€102,813€88,760▼
Amounts payable after more than one year17€83,000€59,000▼
Financial debts170/4€83,000€59,000▼
Amounts payable within one year42/48€19,813€29,760▲
Trade debts44€6,282€4,285▼
Suppliers440/4€6,282€4,285▼
Taxes, remuneration and social security45€12,615€24,721▲
Taxes450/3€12,615€23,321▲
Remuneration and social security454/9€0€1,400▲
Other amounts payable47/48€916€755▼
Income statement Code20232024
Remuneration, social security and pensions62-€350€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,880€22,931▲
Other operating charges640/8€86€3,727▲
Gross operating margin9900€34,762€21,139▼
Operating profit (loss)9901€14,146-€5,519▼
Financial charges65/66B€1,234€3,482▲
Recurring financial charges65€1,234€3,482▲
Profit (loss) for the period before taxes9903€12,911-€9,001▼
Profit (loss) for the period9904€12,911-€9,001▼
Profit (loss) for the period to be appropriated9905€12,911-€9,001▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6,225-€15,226▼
Profit (loss) brought forward from the previous period14P-€19,136-€6,225▲

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202220232024Change
Remuneration, social security and pensions62€4,200-€350€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,674€20,880€22,931▲ 9.8%
Other operating charges640/8€1,272€86€3,727▲ 44×
Gross operating margin9900-€4,955€34,762€21,139▼ 39.2%
Operating profit (loss)9901-€19,102€14,146-€5,519-
Financial charges65/66B€34€1,234€3,482▲ 182%
Recurring financial charges65€34€1,234€3,482▲ 182%
Profit (loss) for the period before taxes9903-€19,136€12,911-€9,001-
Profit (loss) for the period9904-€19,136€12,911-€9,001-
Profit (loss) for the period to be appropriated9905-€19,136€12,911-€9,001-
Line202220232024Change
Assets
Total assets20/58€133,503€121,588€98,535▼ 19.0%
Fixed assets21/28€113,615€105,047€84,200▼ 19.8%
Tangible fixed assets22/27€113,530€104,665€83,818▼ 19.9%
Land and buildings22€65,936€62,116€50,339▼ 19.0%
Plant, machinery and equipment23€46,103€41,391€32,654▼ 21.1%
Furniture and vehicles24€1,492€1,158€824▼ 28.8%
Financial fixed assets28€85€383€383=
Current assets29/58€19,887€16,541€14,335▼ 13.3%
Stocks and contracts in progress3€1,112€1,632€2,132▲ 30.6%
Stocks30/36€1,112€1,632€2,132▲ 30.6%
Amounts receivable within one year40/41€10,431€4,728€178▼ 96.2%
Other amounts receivable41€10,431€4,728€178▼ 96.2%
Cash at bank and in hand54/58€8,344€10,180€12,024▲ 18.1%
Equity and liabilities
Total equity and liabilities10/49€133,503€121,588€98,535▼ 19.0%
Equity10/15€5,864€18,775€9,775▼ 47.9%
Contributions10/11€25,000€25,000€25,000=
Profit (loss) carried forward14-€19,136-€6,225-€15,226▼ 145%
Amounts payable17/49€127,639€102,813€88,760▼ 13.7%
Amounts payable after more than one year17€96,000€83,000€59,000▼ 28.9%
Financial debts170/4€96,000€83,000€59,000▼ 28.9%
Amounts payable within one year42/48€31,639€19,813€29,760▲ 50.2%
Trade debts44€26,562€6,282€4,285▼ 31.8%
Suppliers440/4€26,562€6,282€4,285▼ 31.8%
Taxes, remuneration and social security45€4,605€12,615€24,721▲ 96.0%
Taxes450/3€4,255€12,615€23,321▲ 84.9%
Remuneration and social security454/9€350€0€1,400-
Other amounts payable47/48€471€916€755▼ 17.6%
Line202220232024Change
Profit (loss) for the period9904-€19,136€12,911-€9,001-
+ Depreciation and write-downs630€8,674€20,880€22,931▲ 9.8%
Operating cash flow (approximation)-€10,462€33,792€13,930▼ 58.8%
Investment in fixed assets (approximation)--€12,312-€2,084▲ 83.1%
Change in cash-€1,836€1,844▲ 0.4%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
30-09-2024 micro format 05-03-2025 2025-00043547 PDF
30-09-2023 micro format 02-10-2024 2024-00487724 PDF
30-09-2022 micro format 16-05-2023 2023-00092688 PDF