ACTIVE

FASTNET

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Financial year 2025 · closed on 31/12/2025

Net result

173,9 k €

-16.2% YoY

Gross margin

4,8 M €

+12.1% YoY

Equity

2,6 M €

+7.1% YoY

Workforce

70,3 ETP

+3.7% YoY

What does FASTNET do?

FASTNET is a Private limited company incorporated in 2007. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Tongeren-Borgloon. It employs on average 70,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.789.008

Incorporation

09/07/2007

Legal form

Private limited company

Registered office

Limesweg 1
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

41 890,13 €

Latest accounts

31/12/2025

Average workforce

70,3 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47910Retail sale via mail order houses or via Internet 52330Warehousing and support activities for transportation 73110Advertising agencies 73110Advertising agencies 47750Retail sale of cosmetic and toilet articles in specialised stores+10

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	4,8 M €	+12.1%	4,3 M €	-13.9%	5 M €	+73.4%	2,9 M €	+21.9%	2,4 M €	+642%	319,8 k €	-23.9%	420,3 k €	+9644%	4,3 k €	-96.3%	117,8 k €	+422%	22,6 k €	-66.1%	66,7 k €	+842%	-9 k €
EBITDA	583,9 k €	-3.4%	604,8 k €	-70.1%	2 M €	+245%	584,9 k €	+26.6%	461,9 k €	+208%	149,8 k €	-56.9%	347,6 k €	+472%	-93,4 k €	-184%	111 k €	+730%	13,4 k €	-79.4%	64,8 k €	+692%	-10,9 k €
Operating result	305,9 k €	+10.1%	277,9 k €	-84.9%	1,8 M €	+839%	196,5 k €	-6.8%	210,8 k €	+199%	70,6 k €	-73.2%	263,7 k €	+287%	-140,9 k €	-254%	91,5 k €	+2272%	3,9 k €	-93.0%	55,3 k €	+391%	-19 k €
Net result	173,9 k €	-16.2%	207,5 k €	-85.1%	1,4 M €	+968%	130,4 k €	+10.2%	118,3 k €	+191%	40,6 k €	-80.9%	212,4 k €	+209%	-194,8 k €	-505%	48,1 k €	+274%	-27,7 k €	-233%	20,7 k €	+209%	-18,9 k €
Balance sheet
Equity	2,6 M €	+7.1%	2,4 M €	+9.3%	2,2 M €	+164%	850,6 k €	+18.1%	720,2 k €	+806%	79,5 k €	-20.3%	99,7 k €	+189%	-112,7 k €	-237%	82,2 k €	+141%	34,1 k €	-44.8%	61,8 k €	+791%	-8,9 k €
Total assets	4 M €	+6.6%	3,8 M €	-15.2%	4,4 M €	+77.0%	2,5 M €	-37.1%	4 M €	+188%	1,4 M €	-41.0%	2,3 M €	+58.6%	1,5 M €	+81.0%	818,4 k €	+11.9%	731,3 k €	-3.3%	756,6 k €	+160%	291,2 k €
Cash	755,1 k €	-27.1%	1 M €	+36.3%	760 k €	+13.0%	672,4 k €	+30.6%	514,7 k €	+2226%	22,1 k €	-31.4%	32,3 k €	-5.9%	34,3 k €	+8.2%	31,7 k €	+405%	6,3 k €	-74.1%	24,3 k €	-89.2%	225,7 k €
Debts	1,4 M €	+5.6%	1,3 M €	-40.1%	2,2 M €	+32.7%	1,7 M €	-49.2%	3,3 M €	+151%	1,3 M €	-41.7%	2,2 M €	+41.6%	1,6 M €	+117%	727,4 k €	+4.9%	693,6 k €	+0.6%	689,2 k €	+130%	300 k €
Other
Workforce	70,3 ETP	+3.7%	67,8 ETP	+20.6%	56,2 ETP	+4.1%	54,0 ETP	+13.2%	47,7 ETP	+1155%	3,8 ETP	+90.0%	2,0 ETP		–		–		0,2 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Lode Fastré

Director

Active

Rense Kramer

Director

Active

Ended mandates

Rense Kramer

Director · since 16 mars 2023

Ended

Fastré Lode

Manager · since 01 janvier 2009

Ended

Lode Fastré

Director · since 01 octobre 2008

Ended

Ponet Leen

Manager · since 09 juillet 2007 · until 01 mai 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Logiton● Active	1006.104.190

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	08/07/2025	06/09/2024	08/09/2023	31/10/2022	30/09/2021
General meeting	08/07/2026	07/07/2025	05/09/2024	08/09/2023	28/10/2022	09/09/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/07/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/07/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/09/2024	06/09/2024	Dutch	PDF
Abridged model	31/12/2022	08/09/2023	08/09/2023	Dutch	PDF
Abridged model	31/12/2021	28/10/2022	31/10/2022	Dutch	PDF
Abridged model	31/12/2020	09/09/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	09/09/2020	09/11/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	12/03/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/03/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	22/10/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	06/09/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	13/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	04/08/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	17/06/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025 · 2 active · 7 ended

Active mandates

Lode Fastré

Director

Active

Rense Kramer

Director

Active

Ended mandates

Rense Kramer

Director · since 16 mars 2023

Ended

Fastré Lode

Manager · since 01 janvier 2009

Ended

Lode Fastré

Director · since 01 octobre 2008

Ended

Ponet Leen

Manager · since 09 juillet 2007 · until 01 mai 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/07/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring15/04/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/01/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/11/2014
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2013
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025173,9 k €↓
2024
Annual accounts 2024207,5 k €↓
2023
Annual accounts 20231,4 M €↑
2022
Annual accounts 2022130,4 k €↑
2021
Annual accounts 2021118,3 k €↑
2014
Annual accounts 201440,6 k €↓
2013
Annual accounts 2013212,4 k €↑
2012
Annual accounts 2012-194,8 k €↓
2011
Annual accounts 201148,1 k €↑
2010
Annual accounts 2010-27,7 k €↓
2009
Annual accounts 200920,7 k €↑
2008
Annual accounts 2008-18,9 k €
09/07/2007
IncorporationPrivate limited company

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 12 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