Financials
Financial year 2025
FASTLINE from Gent, company number BE0672856831, closed financial year 2025 with a result of € 2,865 after tax. For that financial year FASTLINE recorded a gross margin of € 531,598 and equity of € 103,359. Compared with financial year 2024, the result moved from € 14,292 to € 2,865. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 6, 2026.
€ 103,359
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,865
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 109
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,238 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.1
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 295,501
▲ 95% vs 2024
€ 57,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 403,512
▼ 30% vs 2024
Of which on lease € 297,922.
Debts at end 2025
€ 393,686
▼ 2% vs 2024
€ 96,039 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 316,891
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,321
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 279,941 | € 388,718 | € 372,693 | € 531,598 | ▲ 43% |
| Profit after taxes | € 18,911 | € 19,132 | € 14,292 | € 2,865 | ▼ 80% |
| Equity | € 167,308 | € 186,440 | € 200,732 | € 103,359 | ▼ 49% |
| Total debts | € 613,306 | € 524,395 | € 709,182 | € 845,668 | ▲ 19% |
| Cash | € 472 | € 3,788 | € 1,484 | € 109 | ▼ 93% |
| Land & buildings | - | - | - | € 4,626 | |
| Retained profit | € 148,708 | € 167,840 | € 182,132 | € 84,759 | ▼ 53% |
| Dividend | € 0 | € 0 | € 0 | € 100,238 | |
| Bank debt | € 375,370 | € 290,440 | € 402,719 | € 393,686 | ▼ 2% |
| Balance sheet total | € 780,614 | € 710,835 | € 909,914 | € 949,027 | ▲ 4% |
| Employees (FTE) | 3.3 | 3 | 4 | 5.1 | ▲ 1.1 |
Key figures of FASTLINE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FASTLINE?
What happened at FASTLINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,865 (▼ 80% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,911 profit in 2022 to € 2,865 profit in 2025.
Paid € 21,722 in corporate taxes since 2022.
Best year ever: 2023, with € 19,132 profit.
On average € 104,200 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Hoevepoort 10
9030 Gent
Meirestraat(KRU) 20
9770 Kruisem
Active since 26 February 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0672.856.831
- VAT number
- BE 0672.856.831
- Registered office
- Hoevepoort 10, 9030 Gent
- Names & denominations
- FASTLINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2017
- Peppol
- Active · Active since 13 Feb 2025
- Activities · NACE
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