SUBTILIA
ActiveSummary
The computed 12-month bankruptcy probability of SUBTILIA is 2.8% (moderate). The 2025 annual accounts show equity of €31k and a net result of €-16k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 4486 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency86▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.48 in 2024; short-term debt: 37.8% and cash: 48.2% of total assets), and 38.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
61.4%
Return on assets
-31.8%
Age of the figures
9 mo
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 13-03-2026, 140 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
140 d early
2024
24 d early
2023
29 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 34.1%
2024 · €48k
2023: €23k
2024: €48k
2023 → 2025
Total assets
€51k▼ 32.4%
2024 · €76k
2023: €40k
2024: €76k
2023 → 2025
Net result
€-16k
2024 · €24k
2023: €20k
2024: €24k
2023 → 2025
Working capital
€28k▼ 31.4%
2024 · €41k
2023: €12k
2024: €41k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€23k-€48k▲ 106%€31k▼ 34.1%
Operating result€29k-€36k▲ 24.9%€-16k
Net result€20k-€24k▲ 21.7%€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€4k▼ 47.1%
Current assets
€47k▼ 30.8%
Equity and liabilities €51k
Equity
€31k▼ 34.1%
Debt
€20k▼ 29.5%
The debt ratio rises from 37.0% to 38.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-11k▼
2024 · €43k
Cash flow
€-12k▼
2024 · €32k
Solvency
61.4%▼
2024 · 63.0%
Current ratio
2.45▼
2024 · 2.48
Quick ratio
2.45▼
2024 · 2.48
Debt / equity
0.63▲
2024 · 0.59
ROE
-51.7%▼
2024 · 51.4%
ROA
-31.8%▼
2024 · 32.4%
Interest coverage
-17.78▼
2024 · 68.26
Debt
€20k▼
2024 · €28k
Debt ≤ 1 year
€19k▼
2024 · €28k
Income taxes
€0▼
2024 · €11k
Staff costs
€0▼
2024 · €5k
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€76k€51k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€4k€1k▼
Current assets29/58€68k€47k▼
Amounts receivable within one year40/41€7k€20k▲
Trade receivables40€7k€20k▲
Other amounts receivable41€129€64▼
Cash at bank and in hand54/58€59k€25k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€76k€51k▼
Equity10/15€48k€31k▼
Contributions10/11€3k€3k=
Reserves13€45k€28k▼
Distributable reserves133€45k€28k▼
Amounts payable17/49€28k€20k▼
Amounts payable within one year42/48€28k€19k▼
Trade debts44€10k€1k▼
Suppliers440/4€10k€1k▼
Taxes, remuneration and social security45€12k€12k▼
Taxes450/3€12k€12k▼
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€436€419▼
Income statement
Code20242025
Remuneration, social security and pensions62€5k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€1k€516▼
Gross operating margin9900€49k€-11k▼
Operating profit (loss)9901€36k€-16k▼
Financial income75/76B€187€3▼
Recurring financial income75€187€3▼
Financial charges65/66B€628€623▼
Recurring financial charges65€628€623▼
Profit (loss) for the period before taxes9903€35k€-16k▼
Income taxes67/77€11k€0▼
Profit (loss) for the period9904€24k€-16k▼
Profit (loss) for the period to be appropriated9905€24k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-16k▼
Transfer from equity791/2-€16k
Transfer to equity691/2€24k€0▼
To other reserves6921€24k€0▼
The notes to these accounts (6 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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-16k ▼166%
Net result drops to €-16k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €24k ▲21.7%
Operating result €36k, net result €24k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Opwijk · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klaarstraat 781745 OpwijkGround area
4,541 m²
Building footprint
1,357 m²
Volume, LiDAR
7,182 m³
Parcel 23060A0457/00D000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SUBTILIA
since 20222.331.520.011
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060A0457/00D000 | Flanders | 4,541 m² | 1 · 1,357 m² | 9.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 203 EUR awarded · 203 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 203 EUR | 203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DELGOFFE
BE 0451.916.466
Sint-Genesius-Rode · Eq €31k
TUINWERKEN JP
BE 0670.633.749
Alken · Eq €31k
Tuinen Cools
BE 1003.872.202
Menen · Eq €31k
AGRI GARDEN
BE 0782.523.348
Jemeppe-sur-Sambre · Eq €31k
Tuin- en Grondwerken Libeer
BE 0748.736.664
Wevelgem · Eq €31k
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 3,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2022
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.