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FASTGOED

Active
Private limited companyfounded 201511 yrs activeMillerdries 7a, 3770 Riemst, BelgiumKBO/BCE: BE 0628.981.850
Summary

The annual accounts of FASTGOED for fiscal year 2025 show a net loss of 256% of the equity at the start of that year. The 2025 annual accounts show equity of €239k and a net result of €-215k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 8692 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability22▲+5
Solvency29▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.59 against 0.71 in 2024; short-term debt: 29.4% and cash: 0.4% of total assets), and 96.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8692 sector peers (2025).
NBB · sector comparison
Position among 8692 sector peers
Solvency
better than 10%
← 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
69 d early
2023
37 d early
2022
32 d late
2021
31 d late
2020
61 d late
2019
47 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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
25-09-2026 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
€239k▲ 186%
2024 · €84k
2018: €83k 2019: €69k▼ -16.2% vs 2018 2020: €53k▼ -24.1% vs 2019lowest in 8 years 2021: €127k▲ +141% vs 2020 2022: €95k▼ -24.7% vs 2021 2023: €103k▲ +7.9% vs 2022 2024: €84k▼ -18.7% vs 2023 2025: €239k▲ +186% vs 2024highest in 8 years
2018 → 2025
Total assets
€6.62M▲ 14.5%
2024 · €5.78M
2018: €590k 2019: €555k▼ -5.9% vs 2018lowest in 8 years 2020: €1.95M▲ +251% vs 2019 2021: €3.89M▲ +99.9% vs 2020 2022: €5.14M▲ +32.0% vs 2021 2023: €5.08M▼ -1.1% vs 2022 2024: €5.78M▲ +13.7% vs 2023 2025: €6.62M▲ +14.5% vs 2024highest in 8 years
2018 → 2025
Net result
€-215k▲ 3.2%
2024 · €-222k
2018: €8khighest in 8 years 2019: €-13k▼ -265% vs 2018 2020: €-17k▼ -24.2% vs 2019 2021: €-26k▼ -54.9% vs 2020 2022: €-31k▼ -21.1% vs 2021 2023: €8k▲ +124% vs 2022 2024: €-222k▼ -3043% vs 2023lowest in 8 years 2025: €-215k▲ +3.2% vs 2024
2018 → 2025
Working capital
€-803k▼ 14.5%
2024 · €-702k
2018: €-128k 2019: €-168k▼ -31.5% vs 2018 2020: €1.15M▲ +786% vs 2019 2021: €1.33M▲ +15.5% vs 2020highest in 8 years 2022: €903k▼ -32.3% vs 2021 2023: €262k▼ -71.0% vs 2022 2024: €-702k▼ -368% vs 2023 2025: €-803k▼ -14.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€127k-€95k▼ 24.7%€103k▲ 7.9%€84k▼ 18.7%€239k▲ 186% 2021: €127k 2022: €95k▼ -24.7% vs 2021 2023: €103k▲ +7.9% vs 2022 2024: €84k▼ -18.7% vs 2023lowest in 5 years 2025: €239k▲ +186% vs 2024highest in 5 years
Operating result€19k-€36k▲ 91.6%€131k▲ 259%€-89k€-81k▲ 8.1% 2021: €19k 2022: €36k▲ +91.6% vs 2021 2023: €131k▲ +259% vs 2022highest in 5 years 2024: €-89k▼ -168% vs 2023lowest in 5 years 2025: €-81k▲ +8.1% vs 2024
Net result€-26k-€-31k▼ 21.1%€8k€-222k€-215k▲ 3.2% 2021: €-26k 2022: €-31k▼ -21.1% vs 2021 2023: €8k▲ +124% vs 2022highest in 5 years 2024: €-222k▼ -3043% vs 2023lowest in 5 years 2025: €-215k▲ +3.2% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0€100kOperating result 2021: €19k€19kNet result 2021: €-26k€-26kOperating result 2022: €36k€36kNet result 2022: €-31k€-31kOperating result 2023: €131k€131kNet result 2023: €8k€8kOperating result 2024: €-89k€-89kNet result 2024: €-222k€-222kOperating result 2025: €-81k€-81kNet result 2025: €-215k€-215k20212022202320242025€-300k€-200k€-100k€0€100kOperating result 2023: €131k€131kNet result 2023: €8k€7.5kOperating result 2024: €-89k€-89kNet result 2024: €-222k€-222kOperating result 2025: €-81k€-81kNet result 2025: €-215k€-215k202320242025
The operating result stays negative: a loss of €81k in 2025 against €89k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.62M
Fixed assets €5.47M ▲ 34.4%
Current assets €1.14M ▼ 33.0%
Equity and liabilities €6.62M
Equity €239k ▲ 186%
Debt €6.38M ▲ 12.0%
Debt's share of the balance-sheet total falls from 98.6% to 96.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111k▲
2024 · €56k
Cash flow
€-22k▲
2024 · €-77k
Current ratio
0.59▼
2024 · 0.71
Quick ratio
0.16▼
2024 · 0.18
Debt to equity
26.66▼
2024 · 67.97
ROE
-89.8%▲
2024 · -264.9%
ROA
-3.2%▲
2024 · -3.8%
Interest coverage
0.82▲
2024 · 0.42
Debt ≤ 1 year
€1.95M▼
2024 · €2.41M
Debt > 1 year
€4.43M▲
2024 · €3.27M
Income taxes
€574▼
2024 · €998
Staff costs
€62k▲
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.78M€6.62M▲
Fixed assets21/28€4.07M€5.47M▲
Tangible fixed assets22/27€4.07M€5.47M▲
Land and buildings22€4.00M€5.44M▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€68k€29k▼
Current assets29/58€1.70M€1.14M▼
Stocks and contracts in progress3€1.26M€832k▼
Stocks30/36€1.26M€832k▼
Amounts receivable within one year40/41€17k€269k▲
Trade receivables40€7k€179k▲
Other amounts receivable41€11k€90k▲
Cash at bank and in hand54/58€295k€28k▼
Deferred charges and accrued income490/1€132k€13k▼
Equity and liabilities
Total equity and liabilities10/49€5.78M€6.62M▲
Equity10/15€84k€239k▲
Contributions10/11€321k€321k=
Revaluation surpluses12-€370k
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-237k€-452k▼
Amounts payable17/49€5.69M€6.38M▲
Amounts payable after more than one year17€3.27M€4.43M▲
Financial debts170/4€3.27M€4.43M▲
Amounts payable within one year42/48€2.41M€1.95M▼
Current portion of amounts payable after more than one year42€164k€229k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€32k€100k▲
Suppliers440/4€32k€100k▲
Taxes, remuneration and social security45€218k€22k▼
Taxes450/3€214k€17k▼
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€1.99M€1.60M▼
Accrued charges and deferred income492/3€15k€5▼
Income statement Code20242025
Non-recurring operating income76A€321€0▼
Remuneration, social security and pensions62€39k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145k€193k▲
Other operating charges640/8€13k€28k▲
Gross operating margin9900€108k€201k▲
Operating profit (loss)9901€-89k€-81k▲
Financial income75/76B€8€2k▲
Recurring financial income75€8€2k▲
Financial charges65/66B€132k€135k▲
Recurring financial charges65€132k€135k▲
Profit (loss) for the period before taxes9903€-221k€-214k▲
Income taxes67/77€998€574▼
Profit (loss) for the period9904€-222k€-215k▲
Profit (loss) for the period to be appropriated9905€-222k€-215k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-248k€-452k▼
Profit (loss) brought forward from the previous period14P€-26k€-237k▼
Transfer from equity791/2€11k€0▼
Social balance
Average headcount (FTE)90870.81.0▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A€3k€0€30k€321€0▼ 100%
Remuneration, social security and pensions62€7k€0-€39k€62k▲ 61.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€120k€140k€145k€193k▲ 33.2%
Other operating charges640/8€47k€27k€21k€13k€28k▲ 115%
Gross operating margin9900€168k€184k€292k€108k€201k▲ 86.9%
Operating profit (loss)9901€19k€36k€131k€-89k€-81k▲ 8.1%
Financial income75/76B€0-€2k€8€2k▲ 27,430%
Recurring financial income75€0-€2k€8€2k▲ 27,430%
Financial charges65/66B€44k€68k€124k€132k€135k▲ 2.1%
Recurring financial charges65€44k€68k€124k€132k€135k▲ 2.1%
Profit (loss) for the period before taxes9903€-25k€-31k€8k€-221k€-214k▲ 3.0%
Income taxes67/77€462€50€893€998€574▼ 42.5%
Profit (loss) for the period9904€-26k€-31k€8k€-222k€-215k▲ 3.2%
Transfer from tax-exempt reserves789€0-----
Profit (loss) for the period to be appropriated9905€-26k€-31k€8k€-222k€-215k▲ 3.2%
Line20212022202320242025Change
Assets
Total assets20/58€3.89M€5.14M€5.08M€5.78M€6.62M▲ 14.5%
Fixed assets21/28€2.22M€2.94M€2.73M€4.07M€5.47M▲ 34.4%
Tangible fixed assets22/27€2.22M€2.94M€2.73M€4.07M€5.47M▲ 34.4%
Land and buildings22€2.14M€2.80M€2.66M€4.00M€5.44M▲ 36.0%
Plant, machinery and equipment23€1k€3k€2k€4k€3k▼ 28.5%
Furniture and vehicles24€80k€132k€67k€68k€29k▼ 57.7%
Current assets29/58€1.67M€2.20M€2.36M€1.70M€1.14M▼ 33.0%
Stocks and contracts in progress3€1.30M€1.87M€2.29M€1.26M€832k▼ 33.9%
Stocks30/36€1.30M€1.87M€2.29M€1.26M€832k▼ 33.9%
Amounts receivable within one year40/41€176k€85k€47k€17k€269k▲ 1,460%
Trade receivables40€158k€21k€47k€7k€179k▲ 2,587%
Other amounts receivable41€19k€64k€0€11k€90k▲ 749%
Cash at bank and in hand54/58€185k€231k€17k€295k€28k▼ 90.5%
Deferred charges and accrued income490/1€5k€11k€3k€132k€13k▼ 90.1%
Equity and liabilities
Total equity and liabilities10/49€3.89M€5.14M€5.08M€5.78M€6.62M▲ 14.5%
Equity10/15€127k€95k€103k€84k€239k▲ 186%
Contributions10/11€118k€118k€118k€321k€321k=
Revaluation surpluses12----€370k-
Reserves13€11k€11k€11k€0--
Non-distributable reserves130/1€2k€2k€0---
Reserves not available under the articles1311€2k€2k€0---
Distributable reserves133€9k€9k€11k€0--
Profit (loss) carried forward14€-2k€-33k€-26k€-237k€-452k▼ 90.7%
Amounts payable17/49€3.77M€5.04M€4.98M€5.69M€6.38M▲ 12.0%
Amounts payable after more than one year17€3.43M€3.74M€2.88M€3.27M€4.43M▲ 35.4%
Financial debts170/4€3.43M€3.74M€2.88M€3.27M€4.43M▲ 35.4%
Other amounts payable178/9€0-----
Amounts payable within one year42/48€337k€1.30M€2.09M€2.41M€1.95M▼ 19.1%
Current portion of amounts payable after more than one year42€93k€662k€174k€164k€229k▲ 39.6%
Financial debts43--€1.27M€0--
Credit institutions430/8--€1.27M€0--
Trade debts44€6k€191k€52k€32k€100k▲ 210%
Suppliers440/4€6k€191k€52k€32k€100k▲ 210%
Taxes, remuneration and social security45€503€24k€11k€218k€22k▼ 90.1%
Taxes450/3€503€24k€6k€214k€17k▼ 92.0%
Remuneration and social security454/9€0-€5k€4k€4k▲ 15.9%
Other amounts payable47/48€237k€420k€585k€1.99M€1.60M▼ 19.9%
Accrued charges and deferred income492/3-€2k€2k€15k€5▼ 100.0%
Line20212022202320242025Change
Profit (loss) for the period9904€-26k€-31k€8k€-222k€-215k▲ 3.2%
+ Depreciation and write-downs630€96k€120k€140k€145k€193k▲ 33.2%
Operating cash flow (approximation)€70k€89k€148k€-77k€-22k▲ 71.5%
Investment in fixed assets (approximation)-€-835k€71k€-1.49M€-1.59M▼ 6.9%
Change in cash-€46k€-214k€278k€-267k▼ 196%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €200kEq €239k ▲186%
Equity rises from €84k to €239k.
23-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-222k
Net result drops to €-222k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €8k
Net result €8k after 4 loss-making years.
31-12
Financial Equity above €100kEq €103k ▲7.9%
Equity rises from €95k to €103k.
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €100kEq €127k ▲141%
Equity rises from €53k to €127k.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Liquidity times 82current ratio 6.51
Current ratio from 0.08 to 6.51.
Show earlier events
16-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
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.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Riemst · 2 establishment units since 2015
seat establishment All 2 establishment units on the map
Ground area
6,607 m²
Building footprint
1,403 m²
Volume, LiDAR
5,430 m³
2 parcels, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
FASTGOED
Millerdries 7a, 3770 RiemstReal estate development
since 20152.286.763.914
FASTGOED
Prinsenweg 59, 3700 Tongeren-BorgloonWarehousing and storage
since 20262.385.577.220
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73348B0672/00L000 Flanders 4,474 m² 1 · 1,222 m² 7.1 m · 1 fl.
73053B1065/00A000 Flanders 2,132 m² 1 · 181 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 3 entries · 7,034 EUR awarded · 7,034 EUR paid
Year Entries awardedpaid
2023 1 1,199 EUR1,199 EUR
2022 2 5,835 EUR5,835 EUR
Schemes
Bijkomende retroactieve investeringspremie voor eigenaars van een warmtepomp én zonnepanelen na afschaffing van terugdraaiende teller
1 entry · 4,652 EUR · 4,652 EUR paid · Vlaams Energie- en Klimaatagentschap
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 2,382 EUR · 2,382 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,105 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
Founded29-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
68121Development of residential building projects
68122Development of non-residential building projects
52100Warehousing and storage
55203Holiday cottages, homes and apartments
64210Activities of holding companies
68110Buying and selling of own real estate
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
82100Office administrative and support services
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.