SUBBA
ActiveThe computed 12-month bankruptcy probability of SUBBA is 3.7% (moderate). The 2025 annual accounts show negative equity (€-4k) and a net result of €-243. Equity is shrinking by ~6.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-69
Solvency36=
Growth58=
Stability94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.62 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.2%
Return on assets
-0.3%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€4k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
28 d late
2024
50 d late
2023
77 d late
2022
127 d late
2021
114 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€103k
EBIT margin
-9.6%
Net result
€-243▲ 95.2%
2024 · €-5k
2021: €-10k
2022: €-1k
2023: €6k
2024: €-5k
2021 → 2025
Working capital
€-23k▲ 30.3%
2024 · €-33k
2021: €-31k
2022: €-27k
2023: €-36k
2024: €-33k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€103k-
Equity€-3k-€-4k▼ 49.6%€1k€-4k€-4k▼ 6.6%
Operating result€-10k-€-1k▲ 87.9%€7k€671▼ 90.4%€8k▲ 1,150%
Net result€-10k-€-1k▲ 85.6%€6k€-5k€-243▲ 95.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,150% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€39k▼ 34.8%
Current assets
€36k▼ 32.4%
Key figures and ratios
EBITDA
€29k▲
2024 · €22k
Cash flow
€21k▲
2024 · €16k
Solvency
-5.2%▼
2024 · -3.2%
Current ratio
0.61▼
2024 · 0.62
Quick ratio
0.37▼
2024 · 0.47
Debt / equity
-20.21▲
2024 · -31.91
ROE
6.2%▼
2024 · 137.1%
ROA
-0.3%▲
2024 · -4.4%
Interest coverage
3.57▼
2024 · 4.00
Debt
€79k▼
2024 · €117k
Debt ≤ 1 year
€59k▼
2024 · €86k
Debt > 1 year
€20k▼
2024 · €31k
Income taxes
€542▲
2024 · €256
Staff costs
€91
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€75k▼
Fixed assets21/28€60k€39k▼
Tangible fixed assets22/27€60k€39k▼
Plant, machinery and equipment23€10k€4k▼
Leasing and similar rights25€50k€36k▼
Financial fixed assets28€254€289▲
Current assets29/58€53k€36k▼
Stocks and contracts in progress3€13k€14k▲
Stocks30/36€13k€14k▲
Amounts receivable within one year40/41€32k€18k▼
Trade receivables40€28k€14k▼
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€91€139▲
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€113k€75k▼
Equity10/15€-4k€-4k▼
Contributions10/11€7k€7k=
Profit (loss) carried forward14€-11k€-11k▼
Amounts payable17/49€117k€79k▼
Amounts payable after more than one year17€31k€20k▼
Financial debts170/4€31k€20k▼
Amounts payable within one year42/48€86k€59k▼
Current portion of amounts payable after more than one year42€11k€11k=
Trade debts44€51k€40k▼
Suppliers440/4€51k€40k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€15k€1k▼
Accrued charges and deferred income492/3-€528
Income statement
Code20242025
Remuneration, social security and pensions62-€91
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€4k€4k▼
Gross operating margin9900€26k€33k▲
Operating profit (loss)9901€671€8k▲
Financial income75/76B-€160
Recurring financial income75-€160
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€-5k€299▲
Income taxes67/77€256€542▲
Profit (loss) for the period9904€-5k€-243▲
Profit (loss) for the period to be appropriated9905€-5k€-243▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-11k▼
Profit (loss) brought forward from the previous period14P€-6k€-11k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 127 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2021
Ground area
87 m²
Building footprint
87 m²
Volume, LiDAR
711 m³
Parcel 36015A0352/00S008, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SUBBA
since 20212.315.886.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0352/00S008 | Flanders | 87 m² | 1 · 87 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.