Skip to content

SUBHAN COMPANY

Active
Private limited companyfounded 2019active for 7 yearsRue de la Station(BLA) 11, 7321 Bernissart, BelgiumKBO/BCE: BE 0728.917.287
Summary

The computed 12-month bankruptcy probability of SUBHAN COMPANY is 4.5% (elevated). The 2024 annual accounts show negative equity (-€4,978) and a net result of -€608. Equity has been shrinking by about 16% per year since 2020. Its solvency ranks better than 13% of 25,565 sector peers (NACE 47, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 26-06-2019 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.306.827.175 7321 Bernissart, since 21-08-2020
Financial year end
31 December
Peppol
Reachable since 04-02-2026

Board and ownership

Board
  • AHMAD MushtaqDirector

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2024
Gross margin
€5,079
▲ 43.4%
Turnover
≈ €150,000
estimated
Loss
€608
▲ 4.8%
Equity
-€4,978
▼ 13.9%
Total assets
€12,278
▼ 3.9%
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 26-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 53 days late; 3 of the last 3 accounts lateFounded in 2019lowers riskSize: total assets €12,278Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 17% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -40.5% of total assets
Liquidity 15-2
short-term debt 140.5% · cash 11.6%
Profitability 25-1
return on assets -5.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.5% 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 3.1%▲ +0.5 percentage points vs 07-2025 09-2025: 3.2%▲ +0.1 percentage points vs 08-2025 10-2025: 2.5%▼ -0.7 percentage points vs 09-2025 11-2025: 2.4%▼ -0.1 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.4%● unchanged vs 04-2026 06-2026: 2.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 2.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%▲ +0.5 percentage points vs 07-2026 09-2026: 3.0%▲ +0.1 percentage points vs 08-2026 10-2026: 4.5%▲ +1.5 percentage points vs 09-2026highest value 11-2026: 4.5%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.71 (0.75 in 2023), below 1. Short-term debt is 140.5% and cash 11.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 6% of them on solvency, 14% on liquidity, 23% on profitability and 23% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 26-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 53 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €12,278
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€4,978
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 53 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
53 days late
2023
55 days late
2022
60 days late
2021
68 days late
2020
144 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 76 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€4,978 View
  • Risk: 4 loss-making years in a rowloss in financial year 2024 -€608 View
  • Caution: Lower solvency than 86% of companies in retail tradesector median 32.2% · 25,565 companies -40.5% View

Recent changes

  1. · Gazette deed Incorporation
All 7 events

Comparable companies

These companies have the same main activity as SUBHAN COMPANY: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €7,930 and €21,500, founded between 2018 and 2022.

CompanyTotal assetsGross margin
SUBHAN COMPANY Bernissart€12,278€5,079
DALEIA Evere€14,949€7,975
KAAN B Anderlecht€12,262€8,550
MG.INVEST Rixensart€7,933€4,802
AT TRADE Brussel€21,486€6,919
MANNAT BUSINESS Quaregnon€12,323€5,615
LA LOUCHE D’OR Charleroi€20,037€2,685
Full comparison

Key facts about SUBHAN COMPANY

What is the company number of SUBHAN COMPANY?
The company number of SUBHAN COMPANY is 0728.917.287. The VAT number is the same number with BE in front: BE 0728.917.287.
Where is SUBHAN COMPANY based?
The registered office is at Rue de la Station(BLA) 11, 7321 Bernissart.Company details
What does SUBHAN COMPANY do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of SUBHAN COMPANY?
The legal form of SUBHAN COMPANY is Private limited company (BV).
When was SUBHAN COMPANY founded?
SUBHAN COMPANY was founded on 26-06-2019.
Is SUBHAN COMPANY still active?
Yes, SUBHAN COMPANY is an active enterprise in the KBO register.
What is the turnover of SUBHAN COMPANY?
The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €5,079 and 305 comparable companies (NACE 47110). It probably lies between €76,000 and €270,000. It is a rough estimate.Financials
Is SUBHAN COMPANY profitable?
In financial year 2024, SUBHAN COMPANY made a loss of €608.
Where can I find the annual accounts of SUBHAN COMPANY?
SUBHAN COMPANY filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.