SUBHI
ActiveSummary
The computed 12-month bankruptcy probability of SUBHI is 7.1% (elevated). For SUBHI, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€447) and a net result of €333. Its solvency ranks better than 26% of 18934 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability72▲+72
Solvency21▲+15
Growth78
Track record94
Bankruptcy probability, 12 months
7.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-3.9%
Return on assets
2.9%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 333 days later.
NBB · 2 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 08-11-2024, 8 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
8 d late
2023
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€447▲ 42.7%
2023 · -€780
Total assets
€11,513▲ 179%
2023 · €4,126
Net result
€333
2023 · -€2,780
Working capital
-€2,479▲ 44.9%
2023 · -€4,500
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result-€1,858-€776
Net result-€2,780within the sector's middle half-€333within the sector's middle half
Equity-€780within the sector's middle half--€447within the sector's middle half▲ 42.7%
Total assets€4,126below the sector's middle half-€11,513below the sector's middle half▲ 179%
Debt€4,906-€11,960▲ 144%
Working capital-€4,500within the sector's middle half--€2,479within the sector's middle half▲ 44.9%
Solvency-3.9%within the sector's middle half
Current ratio0.79within the sector's middle half
Return on assets (ROA)2.9%within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €776 after a loss of €1,858 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11,513
Fixed assets
€2,032 ▼ 45.4%
Current assets
€9,480 ▲ 2,235%
Key figures and ratios
EBITDA
€2,463▲
2023 · -€515
Cash flow
€2,020▲
2023 · -€1,438
Quick ratio
0.76
Interest coverage
13.47▲
2023 · -1.17
Debt ≤ 1 year
€11,960▲
2023 · €4,906
Income taxes
€260▼
2023 · €483
Equity ratios withheld: equity of -€447 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,342 | €1,687 | ▲ 25.7% |
| Other operating charges640/8 | €2,589 | €560 | ▼ 78.4% |
| Gross operating margin9900 | €2,074 | €3,023 | ▲ 45.8% |
| Operating profit (loss)9901 | -€1,858 | €776 | ▲ 142% |
| Financial charges65/66B | €439 | €183 | ▼ 58.3% |
| Recurring financial charges65 | €439 | €183 | ▼ 58.3% |
| Profit (loss) for the period before taxes9903 | -€2,297 | €593 | ▲ 126% |
| Income taxes67/77 | €483 | €260 | ▼ 46.2% |
| Profit (loss) for the period9904 | -€2,780 | €333 | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | -€2,780 | €333 | ▲ 112% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4,126 | €11,513 | ▲ 179% |
| Fixed assets21/28 | €3,719 | €2,032 | ▼ 45.4% |
| Tangible fixed assets22/27 | €3,719 | €2,032 | ▼ 45.4% |
| Plant, machinery and equipment23 | €3,169 | €1,849 | ▼ 41.7% |
| Furniture and vehicles24 | €550 | €183 | ▼ 66.7% |
| Current assets29/58 | €406 | €9,480 | ▲ 2,235% |
| Stocks and contracts in progress3 | €276 | €403 | ▲ 46.0% |
| Stocks30/36 | €276 | €403 | ▲ 46.0% |
| Amounts receivable within one year40/41 | €14 | €8,421 | ▲ 59,330% |
| Trade receivables40 | - | €8,265 | - |
| Other amounts receivable41 | €14 | €156 | ▲ 1,003% |
| Cash at bank and in hand54/58 | €116 | €656 | ▲ 465% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4,126 | €11,513 | ▲ 179% |
| Equity10/15 | -€780 | -€447 | ▲ 42.7% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€2,780 | -€2,447 | ▲ 12.0% |
| Amounts payable17/49 | €4,906 | €11,960 | ▲ 144% |
| Amounts payable within one year42/48 | €4,906 | €11,960 | ▲ 144% |
| Trade debts44 | €552 | €879 | ▲ 59.4% |
| Suppliers440/4 | €552 | €879 | ▲ 59.4% |
| Taxes, remuneration and social security45 | €483 | €88 | ▼ 81.8% |
| Taxes450/3 | €483 | €88 | ▼ 81.8% |
| Other amounts payable47/48 | €3,871 | €10,993 | ▲ 184% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,780 | €333 | ▲ 112% |
| + Depreciation and write-downs630 | €1,342 | €1,687 | ▲ 25.7% |
| Operating cash flow (approximation) | -€1,438 | €2,020 | ▲ 241% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €540 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
31-03
Financial
Back to profitnet €333
Net result €333 after one loss-making year.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 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, Aarschot · 1 establishment unit since 2021
Ground area
110 m²
Building footprint
102 m²
Volume, LiDAR
868 m³
Parcel 24001B0067/00S000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SUBHI
since 20212.316.725.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24001B0067/00S000 | Flanders | 110 m² | 1 · 102 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.316.725.828
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-04-2021
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766869726
Also
9925:BE0766869726
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.