Financials
- Fiscal year
- 2024
- Total assets
- €106,435
- Profit
- €984
- Solvency
- 10.4%
Turnover▲ 37.3%
Net result
20222023
SUBHAN MIRZA
ActiveSummary
The computed 12-month bankruptcy probability of SUBHAN MIRZA is 5.7% (elevated). The 2024 annual accounts show equity of €11,045 and a net result of €984. Equity is growing by ~83.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 26069 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112
1 site
Size
€106,435total assets 2024
- Equity
- €11,045
- Profit
- €984
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 2 deeds read
Why 37- 1 financial year not filed after the legal deadline; latest accounts 111 days late; 2 of the last 3 late- Figures for FY 2024 (filed 19-11-2025)- Founded in 2021+ Size: total assets €106,435Show the evidence
Checked score
Score 2024
37
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 42% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
35-16
equity 10.4% of total assets
Liquidity
32+10
short-term debt 54.4% · cash 8.1%
Profitability
70-30
return on assets 0.9%
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.3%
12-2024: 3.3%● 0.0% vs 11-2024
01-2025: 3.2%▼ -1.1% vs 12-2024lowest value
02-2025: 3.3%▲ +0.8% vs 01-2025
03-2025: 3.6%▲ +9.0% vs 02-2025
04-2025: 3.6%▲ +0.4% vs 03-2025
05-2025: 3.7%▲ +2.2% vs 04-2025
06-2025: 3.7%▼ -0.2% vs 05-2025
07-2025: 3.3%▼ -9.9% vs 06-2025
08-2025: 4.1%▲ +23.4% vs 07-2025
09-2025: 4.2%▲ +4.4% vs 08-2025
10-2025: 5.4%▲ +27.9% vs 09-2025
11-2025: 5.5%▲ +2.3% vs 10-2025
12-2025: 4.1%▼ -26.1% vs 11-2025
01-2026: 4.0%▼ -1.9% vs 12-2025
02-2026: 4.0%▼ -1.6% vs 01-2026
03-2026: 4.0%● 0.0% vs 02-2026
04-2026: 4.0%▲ +1.5% vs 03-2026
05-2026: 3.9%▼ -2.1% vs 04-2026
06-2026: 3.8%▼ -3.5% vs 05-2026
07-2026: 3.8%▲ +0.8% vs 06-2026
08-2026: 4.4%▲ +14.0% vs 07-2026
09-2026: 4.5%▲ +4.0% vs 08-2026
10-2026: 5.7%▲ +25.9% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 111 days late; 2 of the last 3 late raises the probability
- Figures for FY 2024 (filed 19-11-2025) raises the probability
- Founded in 2021 raises the probability for this profile
- Size: total assets €106,435 lowers the probability for this profile
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.0 against 1.35 in 2023; short-term debt: 54.4% and cash: 8.1% of total assets), and 89.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 27%, liquidity 29%, profitability 51%, growth against the median 60%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
111 d late
2023
36 d early
2022
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 52 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €15,779
Key points
By topic
Timeline
- Events
- 4
- Since
- 2023
- 19-11-2025Annual accounts filed
- 25-06-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 26-10-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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