Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
SUBHAN COMPANY from Bernissart, company number BE0728917287, closed financial year 2024 with a result of € -608 after tax. For that financial year SUBHAN COMPANY recorded a gross margin of € 5,079 and equity of € -4,978. Compared with financial year 2023, the result moved from € -581 to € -608. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ -4,978
▼ € 608 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -608
▼ 5 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,429
▼ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,978.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,623
▲ 16% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 16,301
▼ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 797
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -5,547 | € 1,733 | € 3,541 | € 5,079 | ▲ 43% |
| Profit after taxes | € -7,614 | € -56 | € -581 | € -608 | ▼ € 28 |
| Equity | € -3,733 | € -3,789 | € -4,370 | € -4,978 | ▼ € 608 |
| Total debts | € 12,790 | € 11,703 | € 17,142 | € 17,256 | ▲ 1% |
| Cash | - | € 106 | € 1,787 | € 1,429 | ▼ 20% |
| Retained profit | € -6,733 | € -6,789 | € -7,370 | € -7,978 | ▼ € 608 |
| Bank debt | € 1,673 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 9,057 | € 7,914 | € 12,773 | € 12,278 | ▼ 4% |
Key figures of SUBHAN COMPANY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SUBHAN COMPANY?
What happened at SUBHAN COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 608. filed late Source: NBB ↗
- New establishment in Bernissart. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,614 loss in 2021 to € 608 loss in 2024.
Management
Behind SUBHAN COMPANY is Mushtaq AHMAD. Mushtaq AHMAD is also behind SAAD COMPANY.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue de la Station(BLA) 11
7321 Bernissart
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.917.287
- VAT number
- BE 0728.917.287
- Registered office
- Rue de la Station(BLA) 11, 7321 Bernissart
- Names & denominations
- SUBHAN COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2019
- Peppol
- Active · Active since 4 Feb 2026
- Contact
- [email protected]
- Activities · NACE
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)