Double F
ActiveDouble F has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €121k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 21% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency52▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.51 in 2023; short-term debt: 73.1% and cash: 68.8% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 20785 sector peers (2024).
NBB · sector comparisonPosition among 20785 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
29 d early
2022
42 d early
2021
20 d early
2020
26 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 1.7%
2023 · €45k
2018: €65k
2019: €102k
2020: €156k
2021: €41k
2022: €43k
2023: €45k
2018 → 2024
Total assets
€171k▲ 32.2%
2023 · €130k
2018: €93k
2019: €115k
2020: €187k
2021: €113k
2022: €118k
2023: €130k
2018 → 2024
Net result
€121k▲ 43.4%
2023 · €84k
2018: €53k
2019: €37k
2020: €61k
2021: €70k
2022: €74k
2023: €84k
2018 → 2024
Working capital
€43k▼ 1.2%
2023 · €43k
2018: €61k
2019: €98k
2020: €153k
2021: €40k
2022: €41k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€156k-€41k▼ 73.5%€43k▲ 3.8%€45k▲ 5.2%€46k▲ 1.7%
Operating result€75k-€87k▲ 16.2%€91k▲ 4.8%€108k▲ 18.1%€157k▲ 45.8%
Net result€61k-€70k▲ 16.0%€74k▲ 5.4%€84k▲ 13.8%€121k▲ 43.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 46% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171k
Fixed assets
€4k▲ 45.0%
Current assets
€168k▲ 31.9%
Equity and liabilities €171k
Equity
€46k▲ 1.7%
Debt
€125k▲ 48.5%
The debt ratio rises from 65.1% to 73.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€159k▲
2023 · €110k
Cash flow
€123k▲
2023 · €86k
Solvency
26.9%▼
2023 · 34.9%
Current ratio
1.34▼
2023 · 1.51
Quick ratio
1.34▼
2023 · 1.51
Debt / equity
2.72▲
2023 · 1.87
ROE
262.3%▲
2023 · 186.1%
ROA
70.4%▲
2023 · 64.9%
Interest coverage
1607.18▼
2023 · 1625.59
Debt
€125k▲
2023 · €84k
Debt ≤ 1 year
€125k▲
2023 · €84k
Income taxes
€36k▲
2023 · €23k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€130k€171k▲
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Plant, machinery and equipment23€3k€4k▲
Current assets29/58€127k€168k▲
Amounts receivable within one year40/41€19k€48k▲
Trade receivables40€17k€48k▲
Other amounts receivable41€2k€326▼
Cash at bank and in hand54/58€106k€118k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€130k€171k▲
Equity10/15€45k€46k▲
Contributions10/11€19k€19k=
Reserves13€27k€27k▲
Distributable reserves133€27k€27k▲
Amounts payable17/49€84k€125k▲
Amounts payable within one year42/48€84k€125k▲
Trade debts44€240€166▼
Suppliers440/4€240€166▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€83k€121k▲
Accrued charges and deferred income492/3€314€124▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€111k€161k▲
Operating profit (loss)9901€108k€157k▲
Financial charges65/66B€67€99▲
Recurring financial charges65€67€99▲
Profit (loss) for the period before taxes9903€108k€157k▲
Income taxes67/77€23k€36k▲
Profit (loss) for the period9904€84k€121k▲
Profit (loss) for the period to be appropriated9905€84k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€121k▲
Transfer to equity691/2€2k€786▼
To other reserves6921€2k€786▼
Profit to be distributed694/7€82k€120k▲
Return on contributions (dividend)694€82k€120k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €121k ▲43.4%
Operating result €157k, net result €121k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €156k ▲53.1%
3 profitable years in a row build equity to €156k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €37k ▼29.6%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 8.68
Current ratio from 3.25 to 8.68; short-term debt falls from €27k to €13k.
31-12
Financial
Equity above €100kEq €102k ▲57%
2 profitable years in a row build equity to €102k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2017
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.
Gustaaf Callierlaan 1669000 GentGround area
1,801 m²
Building footprint
614 m²
Volume, LiDAR
16,170 m³
Parcel 44804D2843/00P002, Flanders · tallest building 28.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Double F
since 20172.267.949.773
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2843/00P002 | Flanders | 1,801 m² | 1 · 614 m² | 28.6 m · 9 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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 15,232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.