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SUBA

Active
Private limited companyfounded 2018active for 8 yearsHallebaan(HE) 12, 9450 Haaltert, BelgiumKBO/BCE: BE 0707.606.288
Summary

SUBA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328,848 and a net result of €58,947. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 58% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
SUBAActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320Other specialised construction activities NACE 43990
1 site
Size
€612,858total assets 2025
Staff
1 FTE
Equity
€328,848
Profit
€58,947
Turnover not published (micro format)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 37 days early1 of 3 deeds summarised
Why 86raises riskSector: Specialised construction activities (NACE 43)Founded in 2018lowers riskSize: total assets €612,858Figures for financial year 2025 (filed 24-06-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 79+9
equity 53.7% of total assets
Liquidity 51+2
short-term debt 15.3% · cash 3.4%
Profitability 81=
return on assets 9.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.5 percentage points vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.9, compared with 2.0 in 2024, above the usual 1.5; short-term debt: 15.3% and cash: 3.4% of total assets), and 46.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 58% on solvency, 45% on liquidity, 61% on profitability and 69% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €612,858
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-06-2026)
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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 24-06-2026, 37 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
37 days early
2024
44 days early
2023
51 days early
2022
49 days early
2021
48 days early
2020
46 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €58,947 ▲0.9%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 8% on equitysector median €57,780 · 34,759 companies €328,848 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €58,947 7 years View

By topic

Financials

Financial year
2025
Total assets
€612,858
Profit
€58,947
Solvency
53.7%
Total assets▲ 3.1%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2020
Next accounts
by 31-07-2027
  1. 10-06-2024Annual accounts filed
  2. 31-12-2023Equity above €200,000
  3. 12-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
01-10-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
31
Who signs
Each director alone
Annual meeting
Second Saturday of June at 14:00
Purpose
“Het waarnemen van beheer en bijstand in andere vennootschappen onder welke vorm ook hetzij…” (deed in Dutch)
Go to Articles of association

Key facts about SUBA

What is the company number of SUBA?
0707.606.288. In Belgium the VAT number is the company number with BE in front: BE 0707.606.288.
Where is SUBA based?
The registered office is at Hallebaan(HE) 12, 9450 Haaltert.Company details
What does SUBA do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of SUBA?
Private limited company (BV).
When was SUBA founded?
On 01-10-2018.
Is SUBA still active?
Yes, SUBA is an active enterprise in the KBO register.
How many employees does SUBA have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SUBA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SUBA profitable?
In financial year 2025, SUBA made a profit of €58,947.
Where can I find the annual accounts of SUBA?
SUBA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SUBA due?
By 31-07-2027, for financial year 2026.Timeline

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