ACTIVE

FASTNET

Export PDF

Financial year 2024 · closed on 30/06/2024

Net result

65 k €

+458.7% YoY

Gross margin

96 k €

+234.3% YoY

Equity

233,7 k €

+38.6% YoY

What does FASTNET do?

FASTNET is a Private company with limited liability incorporated in 2000. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.918.055

Incorporation

04/10/2000

Legal form

Private company with limited liability

Registered office

Avenue Louise 207 box 4
1050 Ixelles · BruxellesSee on map

Contributed capital

20 000,00 €

Latest accounts

30/06/2024

Activities (NACE)

74879Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	96 k €	+234%	28,7 k €	+5.8%	27,1 k €	-54.9%	60,2 k €	+693%	7,6 k €	+156%	-13,5 k €	-119%	72,8 k €	+10.8%	65,7 k €	+141%	27,2 k €	-60.1%	68,2 k €	+153%	27 k €	+622%	-5,2 k €	-111%	48,1 k €	-48.4%	93,3 k €	+6416%	-1,5 k €	-116%	9,1 k €	-93.3%	134,5 k €	+157%	52,3 k €
EBITDA	95,8 k €	+271%	25,8 k €	-2.8%	26,5 k €	-54.8%	58,7 k €	+809%	6,5 k €	+145%	-14,4 k €	-120%	72,2 k €	+11.2%	64,9 k €	+147%	26,3 k €	-60.6%	66,7 k €	+212%	21,4 k €	+300%	-10,7 k €	-124%	44,4 k €	-51.0%	90,7 k €	+2734%	-3,4 k €	-157%	6,1 k €	-95.4%	131,8 k €	+169%	49,1 k €
Operating result	95,8 k €	+325%	22,5 k €	-3.2%	23,3 k €	-58.0%	55,5 k €	+1887%	2,8 k €	+115%	-18,1 k €	-126%	68,5 k €	+12.4%	61 k €	+173%	22,3 k €	-63.7%	61,5 k €	+281%	16,1 k €	+201%	-16 k €	-140%	39,5 k €	-54.5%	86,6 k €	+1179%	-8 k €	+45.7%	-14,8 k €	-112%	126,6 k €	+190%	43,7 k €
Net result	65 k €	+459%	11,6 k €	-19.3%	14,4 k €	-68.7%	46,1 k €	+1799%	-2,7 k €	+89.4%	-25,5 k €	-303%	12,6 k €	-68.5%	39,9 k €	+125%	17,7 k €	-51.9%	36,8 k €	+297%	9,3 k €	+153%	-17,6 k €	-179%	22,2 k €	-64.1%	61,7 k €	+1032%	-6,6 k €	+88.8%	-59,1 k €	-269%	35 k €	-26.4%	47,5 k €
Balance sheet
Equity	233,7 k €	+38.6%	168,7 k €	+7.4%	157,1 k €	+10.1%	142,6 k €	+47.8%	96,5 k €	-2.7%	99,2 k €	-20.5%	124,8 k €	+11.2%	112,2 k €	+55.3%	72,2 k €	+32.5%	54,5 k €	+208%	17,7 k €	+110%	8,4 k €	-81.7%	46 k €	-24.3%	60,9 k €	+7235%	-853 €	-115%	5,8 k €	-91.1%	64,9 k €	+117%	29,9 k €
Total assets	448,7 k €	-45.7%	826,4 k €	+5.0%	787 k €	+10.6%	711,8 k €	+15.3%	617,4 k €	+17.8%	524 k €	+22.6%	427,3 k €	+26.3%	338,2 k €	-8.1%	367,9 k €	-0.3%	369,1 k €	+65.3%	223,3 k €	-12.8%	255,9 k €	+33.2%	192,2 k €	-8.7%	210,5 k €	+22.9%	171,3 k €	-8.9%	188 k €	+64.5%	114,3 k €	-52.3%	239,7 k €
Cash	66,5 k €	+6337460%	1,1 €	-98.1%	55 €	-96.4%	1,5 k €	-23.7%	2 k €	+1777%	107 €	-99.0%	10,5 k €	+23.0%	8,5 k €		–		23,1 €		–		41,2 k €	+562%	6,2 k €		–		330 €		–		14,3 k €	-80.5%	73,5 k €
Debts	215 k €	-67.3%	657,7 k €	+4.4%	629,9 k €	+10.7%	569,2 k €	+9.3%	520,8 k €	+22.6%	424,8 k €	+40.4%	302,5 k €	+33.8%	226,1 k €	-23.6%	295,7 k €	-6.0%	314,5 k €	+53.0%	205,6 k €	-16.9%	247,5 k €	+69.4%	146,1 k €	-2.3%	149,6 k €	-13.1%	172,2 k €	-5.5%	182,2 k €	+269%	49,4 k €	-76.5%	209,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2024 · 1 active · 1 ended

Active mandates

PHILIPPE KORCZ

Administrator - manager

Active

Ended mandates

PHILIPPE KORCZ

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
A.A.C. FIDUCIAIRE● Active	0450.671.304
ACN CONSULT● Active	0744.372.951
ADM SERVICES● Active	0882.828.474
African Diaspora Network in Europe asbl● Active	0643.517.893
AKTIS● Active	0474.228.347
ALL-IN-ONE GROUP● Active	0748.695.191
Arenozen● Active	1006.604.929
ARKALYS● Active	1031.776.231
ARROW INVEST● Active	0840.436.308
Arte & Carrelage● Active	0791.443.784
AXXON MEDIA● Active	0666.686.839
Barkru● Active	1023.500.052
BATBITT● Active	1002.679.793
BC CONSEILS● Active	0724.864.568
BILIC ET CIE● Active	0811.900.886
B.J. TRADING● Active	0433.411.638
BNB TC● Active	0785.915.279
BOTANIK SOURCE● Active	0747.840.603
BRAMS DENTAL● Active	0476.941.476
BRANDSCONCEPT● Active	0785.807.193

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019	01/07/2018
Closing of the financial year	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020	30/06/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2025	15/11/2024	30/01/2023	31/12/2021	16/02/2021	10/02/2021
General meeting	17/12/2024	18/12/2023	28/12/2022	21/12/2021	24/12/2020	26/12/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2024	17/12/2024	29/01/2025	French	PDF
Micro model	30/06/2023	18/12/2023	15/11/2024	French	PDF
Micro model	30/06/2022	28/12/2022	30/01/2023	French	PDF
Micro model	30/06/2021	21/12/2021	31/12/2021	French	PDF
Micro model	30/06/2020	24/12/2020	16/02/2021	French	PDF
Micro model	30/06/2019	26/12/2019	10/02/2021	French	PDF
Micro model	30/06/2018	14/10/2019	08/02/2021	French	PDF
Micro model	30/06/2017	13/10/2018	02/02/2021	French	PDF
Abridged model	30/06/2016	13/10/2017	30/01/2021	French	PDF
Abridged model	30/06/2015	13/10/2016	29/12/2016	French	PDF
Abridged model	30/06/2014	09/01/2015	09/01/2015	French	PDF
Abridged model	30/06/2013	10/02/2014	12/02/2014	French	PDF
Abridged model	30/06/2012	17/12/2012	02/01/2013	French	PDF
Abridged model	30/06/2011	19/12/2011	30/12/2011	French	PDF
Abridged model	30/06/2010	25/05/2011	27/05/2011	French	PDF
Abridged model	30/06/2009	31/05/2010	28/06/2010	French	PDF
Abridged model	30/06/2008	31/01/2009	09/02/2009	French	PDF
Abridged model	30/06/2007	17/12/2007	06/02/2008	French	PDF
Abridged model	30/06/2006	18/12/2006	07/02/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2024 · 1 active · 1 ended

Active mandates

PHILIPPE KORCZ

Administrator - manager

Active

Ended mandates

PHILIPPE KORCZ

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/11/2023
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Registered office24/07/2009
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202465 k €↑
2023
Annual accounts 202311,6 k €↓
2022
Annual accounts 202214,4 k €↓
2021
Annual accounts 202146,1 k €↑
2020
Annual accounts 2020-2,7 k €↑
2019
Annual accounts 2019-25,5 k €↓
2018
Annual accounts 201812,6 k €↓
2017
Annual accounts 201739,9 k €↑
2016
Annual accounts 201617,7 k €↓
2015
Annual accounts 201536,8 k €↑
2014
Annual accounts 20149,3 k €↑
2013
Annual accounts 2013-17,6 k €↓
2012
Annual accounts 201222,2 k €↓
2011
Annual accounts 201161,7 k €↑
2010
Annual accounts 2010-6,6 k €↑
2009
Annual accounts 2009-59,1 k €↓
2008
Annual accounts 200835 k €↓
2007
Annual accounts 200747,5 k €
04/10/2000
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FASTNET

Overview

What does FASTNET do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline