Turnover
≈ €140,000 estimated
The micro format states no turnover.
DOUBLE A GROUP
Lifetime
2 annual accounts with figures on one time axispeak €34,024 (2024)
€34,024▲ 15×
lowest -€1,923 (2023)
€21,800▲ €23,723
peak €22,378 (2024)
€22,378▲ 39×
€20,811▲ 15×
Board1 name since 2023
1 director
Documentsfilings and deeds
11-06-202550 days before the deadline
2024micro format
Gross margin from €2,332 to €34,024Back to profit: €21,800Equity from €577 to €22,378Debts from €1,419 to €20,811Cash from €1,054 to €16,999
Key points
from the 2024 annual accountsStarting capital
€2,500 100 shares
2025 accounts not filed, 105 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as DOUBLE A GROUP has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for DOUBLE A GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
First establishment
THE BUNKER BANK BAR, Frans Vekemansstraat 200A, Brussels
Incorporation
Founding capital of €2,500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 19-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DOUBLE A GROUP Brussels | €43,188 | €34,024 | 51.8% | - |
| BJORNI Sint-Gillis (bij-Brussel) | €41,095 | €36,428 | 26.7% | - |
| CoffeeJunkies Haacht | €49,016 | €38,692 | 58.3% | - |
| Nulle bar ailleurs Sambreville | €39,911 | €30,123 | 39.1% | - |
| Vanham Herentals | €46,559 | €32,086 | 44.6% | - |
| Zeugma Olen | €39,822 | €27,208 | 50.5% | - |
| ERMIRA.AL Sint-Gillis (bij-Brussel) | €51,229 | €32,680 | 54.9% | - |
These companies have the same main activity as DOUBLE A GROUP: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €39,800 and €51,200, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 15-06-2023Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.347.974.3771120 Brussels, since 04-07-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on DOUBLE A GROUP
The 2024 annual accounts show equity of €22,378 and a net result of €21,800. Its solvency ranks better than 69% of 18,801 sector peers (NACE 56, financial year 2024).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DOUBLE A GROUP
- What is the company number of DOUBLE A GROUP?
- The company number of DOUBLE A GROUP is 0802.770.515. The VAT number is the same number with BE in front: BE 0802.770.515.
- Where is DOUBLE A GROUP based?
- The registered office is at Frans Vekemansstraat 200A, 1120 Brussels.Company details
- What does DOUBLE A GROUP do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of DOUBLE A GROUP?
- DOUBLE A GROUP is a private limited company (BV).
- When was DOUBLE A GROUP founded?
- DOUBLE A GROUP was founded on 15-06-2023.
- Is DOUBLE A GROUP still active?
- Yes, DOUBLE A GROUP is an active enterprise in the KBO register.
- What is the turnover of DOUBLE A GROUP?
- The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €34,024 and 38 comparable companies (NACE 56301). It probably lies between €92,000 and €190,000.Financials
- Is DOUBLE A GROUP profitable?
- In financial year 2024, DOUBLE A GROUP made a profit of €21,800.
- Where can I find the annual accounts of DOUBLE A GROUP?
- DOUBLE A GROUP filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.