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FASTLINE

Active
Private limited companyfounded 2017active for 9 yearsHoevepoort 10, 9030 Gent, BelgiumKBO/BCE: BE 0672.856.831
Summary

The computed 12-month bankruptcy probability of FASTLINE is 3.1% (moderate). The 2025 annual accounts show equity of €103,359 and a net result of €2,865. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 17% of 2,304 sector peers (NACE 49, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
2 sites
Size
€949,027total assets 2025
Staff
5.1 FTE
Equity
€103,359
Profit
€2,865
Turnover not published (abbreviated format)
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Structure
Accounts 147 days early1 of 6 deeds read
Why 49raises riskLiquidity: current ratio 0.84, cash €109, halvedEquity €103,359 (10.9% of total assets)Sector: Land transport and transport via pipelines (NACE 49)2 establishment unitsShow the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 22% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Weak
Solvency 36-11
equity 10.9% of total assets
Liquidity 14-13
short-term debt 67.2% · cash 0.0%
Profitability 69-2
return on assets 0.3%
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,071 companies, NACE 49, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.4%▼ -0.1 percentage points vs 11-2024lowest value 01-2025: 1.4%● unchanged vs 12-2024lowest value 02-2025: 1.4%● unchanged vs 01-2025lowest value 03-2025: 2.3%▲ +0.9 percentage points vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%▼ -0.5 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.8%▼ -0.1 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.7%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +1.6 percentage points vs 03-2026highest value 05-2026: 3.3%● unchanged vs 04-2026highest value 06-2026: 3.3%● unchanged vs 05-2026highest value 07-2026: 3.3%● unchanged vs 06-2026highest value 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 3.1%▼ -0.2 percentage points vs 08-2026 10-2026: 3.1%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.84, compared with 0.77 in 2024, below 1; short-term debt: 67.2% and cash: 0% of total assets), and 89.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 22% on solvency, 13% on liquidity, 41% on profitability and 12% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.84, cash €109, halved
NBB · annual accounts
raises risk · Equity €103,359 (10.9% of total assets)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2304 sector peers (2025).
NBB · sector comparison
Position among 2304 sector peers
Solvency
better than 17%
← weakest strongest →
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 06-03-2026, 147 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
147 days early
2024
156 days early
2023
156 days early
2022
61 days early
2021
26 days late
2020
25 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 65 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 March (4 of the last 5 filed years within 86 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €2,865 ▼80%
  3. Resignation: Kandil Hakan (director)Appointment: BFL Group (director) ·…

Key points

  • Caution: Among the weakest 17% on solvencysector median 39.3% · 2,304 companies 10.9% View
  • Caution: Equity fell in 2025from €200,732 to €103,359 ▼ 48.5% View
  • Positive: 8 profitable years in a rowprofit 2025: €2,865 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€949,027
Profit
€2,865
Solvency
10.9%
Total assets▲ 4.3%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2019
Next accounts
by 31-07-2027
  1. 25-02-2025Annual accounts filed
  2. 31-12-2024Equity above €200,000
  3. 26-02-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
21-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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