FASTNET
ActiveFASTNET has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.62M and a net result of €174k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 77% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-9
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 2.36 in 2024), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.3%
Return on assets
4.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
23 d early
2023
37 d late
2022
39 d late
2021
92 d late
2020
61 d late
2019
101 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.62M▲ 7.1%
2024 · €2.45M
2018: €465k
2019: €498k
2020: €602k
2021: €720k
2022: €851k
2023: €2.24M
2024: €2.45M
2018 → 2025
Total assets
€4.02M▲ 6.6%
2024 · €3.77M
2018: €4.69M
2019: €6.74M
2020: €2.08M
2021: €3.99M
2022: €2.51M
2023: €4.45M
2024: €3.77M
2018 → 2025
Net result
€174k▼ 16.2%
2024 · €207k
2018: €55k
2019: €33k
2020: €104k
2021: €118k
2022: €130k
2023: €1.39M
2024: €207k
2018 → 2025
Working capital
€2.23M▲ 24.1%
2024 · €1.80M
2018: €297k
2019: €169k
2020: €183k
2021: €-13k
2022: €-35k
2023: €1.38M
2024: €1.80M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€720k-€851k▲ 18.1%€2.24M▲ 164%€2.45M▲ 9.3%€2.62M▲ 7.1%
Operating result€211k-€196k▼ 6.8%€1.85M▲ 839%€278k▼ 84.9%€306k▲ 10.1%
Net result€118k-€130k▲ 10.2%€1.39M▲ 968%€207k▼ 85.1%€174k▼ 16.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.02M
Fixed assets
€392k▼ 39.8%
Current assets
€3.63M▲ 16.2%
Equity and liabilities €4.02M
Equity
€2.62M▲ 7.1%
Debt
€1.40M▲ 5.6%
The debt ratio falls from 35.1% to 34.7%: equity grows faster than debt.
Key figures and ratios
EBITDA
€584k▼
2024 · €605k
Cash flow
€452k▼
2024 · €534k
Solvency
65.3%▲
2024 · 64.9%
Current ratio
2.60▲
2024 · 2.36
Quick ratio
2.60▲
2024 · 2.36
Debt / equity
0.53▼
2024 · 0.54
ROE
6.6%▼
2024 · 8.5%
ROA
4.3%▼
2024 · 5.5%
Interest coverage
492.30▲
2024 · 481.30
Debt
€1.40M▲
2024 · €1.32M
Debt ≤ 1 year
€1.40M▲
2024 · €1.32M
Income taxes
€131k▲
2024 · €69k
Staff costs
€4.24M▲
2024 · €3.70M
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€3.77M€4.02M▲
Fixed assets21/28€651k€392k▼
Intangible fixed assets21€633k€369k▼
Tangible fixed assets22/27€18k€24k▲
Plant, machinery and equipment23€18k€23k▲
Furniture and vehicles24€753€561▼
Current assets29/58€3.12M€3.63M▲
Amounts receivable within one year40/41€2.09M€2.86M▲
Trade receivables40€7k€4k▼
Other amounts receivable41€2.08M€2.86M▲
Cash at bank and in hand54/58€1.04M€755k▼
Deferred charges and accrued income490/1-€13k
Equity and liabilities
Total equity and liabilities10/49€3.77M€4.02M▲
Equity10/15€2.45M€2.62M▲
Contributions10/11€42k€42k=
Reserves13€2.41M€2.58M▲
Distributable reserves133€2.41M€2.58M▲
Amounts payable17/49€1.32M€1.40M▲
Amounts payable within one year42/48€1.32M€1.40M▲
Trade debts44€660k€500k▼
Suppliers440/4€660k€500k▼
Taxes, remuneration and social security45€662k€896k▲
Taxes450/3€82k€144k▲
Remuneration and social security454/9€580k€752k▲
Other amounts payable47/48€0€74▲
Income statement
Code20242025
Remuneration, social security and pensions62€3.70M€4.24M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327k€278k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€12k€12k▼
Gross operating margin9900€4.32M€4.84M▲
Operating profit (loss)9901€278k€306k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€277k€305k▲
Income taxes67/77€69k€131k▲
Profit (loss) for the period9904€207k€174k▼
Profit (loss) for the period to be appropriated9905€207k€174k▼
Appropriation of the result
Profit (loss) to be appropriated9906€207k€174k▼
Transfer to equity691/2€207k€174k▼
To other reserves6921€207k€174k▼
Social balance
Average headcount (FTE)908767.870.3▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 37 days late
2023
31-12
Financial
Highest result since 2018net €1.39M ▲968%
Operating result €1.85M, net result €1.39M, both a record.
31-12
Financial
Equity above €2MEq €2.24M ▲164%
6 profitable years in a row build equity to €2.24M.
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 39 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €500kEq €602k ▲20.9%
3 profitable years in a row build equity to €602k.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet €33k ▼39.4%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Tongeren-Borgloon · 1 establishment unit since 2007
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.
Limesweg 13700 Tongeren-BorgloonGround area
2.6 ha
Building footprint
9,532 m²
Volume, LiDAR
119,456 m³
Parcel 73076D0287/00B000, Flanders · tallest building 18.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Farmaline
since 20072.163.926.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73076D0287/00B000 | Flanders | 2.6 ha | 1 · 9,532 m² | 18.9 m · 3 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
ACAZA
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PROFUN
BE 0439.256.085
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MAISON DULLAERS
BE 0430.639.220
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EURO SHOP MALDEGEM
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Maldegem · Eq €2.68M
Of 12,971 companies in sector 47120 we hold annual accounts for 2,176. 544 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2007
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
52330
73110Advertising agencies
47750Retail sale of cosmetics and toilet articles
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
72100
72600
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.