Financials
- Fiscal year
- 2025
- Total assets
- €6.4m
- Profit
- €146,600
- Solvency
- 7.8%
Total assets▲ 118%
Net result
20192025
Subland
ActiveSummary
Subland has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,000 and a net result of €146,600. Equity is growing by ~4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Activity not known1 site
How big
€6.4mtotal assets 2025
- Equity
- €500,000
- Profit
- €146,600
Turnover not published (abridged schema)Net result +2,528%: other schema
Who decides
- Parent
- SUBSTANTIA · 100%
Accounts 1 d early0 of 5 deeds read
Why 91- Equity €500,000 (7.8% of total assets)+ Size: total assets €6.4m+ Figures for FY 2025 (filed 30-07-2026)+ No main activity registeredShow the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Better than 30% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
33-9
equity 7.8% of total assets
Liquidity
9-25
short-term debt 89.3% · cash 6.9%
Profitability
43+5
return on assets 2.3%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €6.4m lowers the probability for this profile
- Figures for FY 2025 (filed 30-07-2026) lowers the probability
- No main activity registered lowers the probability
- Equity €500,000 (7.8% of total assets) raises the probability
Credit up to €45,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.42 in 2024; short-term debt: 89.3% and cash: 6.9% of total assets), and 92.2% 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 (no NACE code, small). Better than this share of them on solvency 19%, liquidity 9%, profitability 48%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
34 d early
2023
27 d early
2022
20 d early
2021
4 d early
2020
16 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Back to profitnet €5,579
Key points
By topic
Board & ownership
- Parent
- SUBSTANTIA · 100%
Network & group
- Group
- Substantia Development
Timeline
- Events
- 11
- Since
- 2020
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 27-06-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 26-02-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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