Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fast Cars from Kuurne, company number BE0742776411, closed financial year 2025 with a result of € 91,414 after tax. For that financial year Fast Cars recorded a gross margin of € 129,994 and equity of € -17,741. Compared with financial year 2024, the result moved from € -83,373 to € 91,414. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -17,741
▲ € 91,414 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,414
▲ still € 83,373 loss in 2024
Profit after tax over the fiscal year.
€ 134,685
▲ € 129,209 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -19,741.
People and assets in 2025
0.1
Average over the fiscal year, from the social balance sheet.
€ 4,135
▼ 25% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,204
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,710
▼ 59% vs 2024
€ 2,369 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 273,871
▲ € 229,299 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,105
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -668 | € 27,060 | € -6,999 | € 129,994 | ▲ € 136,992 |
| Profit after taxes | € -23,218 | € -9,311 | € -83,373 | € 91,414 | ▲ € 174,787 |
| Equity | € -16,471 | € -25,782 | € -109,155 | € -17,741 | ▲ € 91,414 |
| Total debts | € 230,538 | € 315,278 | € 420,389 | € 409,686 | ▼ 3% |
| Cash | € 39,848 | € 4,652 | € 5,475 | € 134,685 | ▲ € 129,209 |
| Retained profit | € -18,471 | € -27,782 | € -111,155 | € -19,741 | ▲ € 91,414 |
| Bank debt | € 155,784 | € 141,226 | € 287,990 | € 117,710 | ▼ 59% |
| Balance sheet total | € 214,067 | € 289,496 | € 311,234 | € 391,945 | ▲ 26% |
| Employees (FTE) | 0.1 | 0.1 | 0.1 | 0.1 |
Key figures of Fast Cars, 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 Fast Cars?
What happened at Fast Cars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,414. Source: NBB ↗
- New establishment in Kuurne. KBO
- STEVEN MESTDAGH became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,218 loss in 2022 to € 91,414 profit in 2025.
Paid € 16,152 in corporate taxes since 2022.
Best year ever: 2025, with € 91,414 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Fast Cars is STEVEN MESTDAGH. STEVEN MESTDAGH is also behind BOUWWERKEN EUGENE, WATERPAS, TOSS, GHEMES and MAD FOX.
Establishments
Establishment units
Physical locations of this company
Pieter Verhaeghestraat 42 box unit 1
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
Website info
Features
Security
Network
Details
- Company number
- 0742.776.411
- VAT number
- BE 0742.776.411
- Registered office
- Pieter Verhaeghestraat 42 bus unit 1, 8520 Kuurne
- Names & denominations
- Fast Cars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2020
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- fastcars.be
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)