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DOUBLE G

Active
Private limited company (pre-2019)founded 2015active for 11 yearsRue Gaston Grégoire(AMA) 19, 4540 Amay, BelgiumKBO/BCE: BE 0633.965.967
Summary

The computed 12-month bankruptcy probability of DOUBLE G is 6.3% (elevated). For DOUBLE G, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €134,459 and a net result of -€23,228. Equity is growing by about 41% per year across the filed financial years. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€570,434total assets 2023
Equity
€134,459
Loss
-€23,228
Financial health
Bankruptcy probabilitywithin 12 months
6.3%
2023 figures too old to score
Structure
Holdings
1
Accounts 443 days overdue0 of 4 deeds read
Signalsraises riskFigures for financial year 2023 (filed 08-11-2024)2 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 lateLoss of €23,228 (financial year 2023)Two or more financial years not filedFiled more than 90 days latelowers riskSize: total assets €570,434Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 49-6
equity 23.6% of total assets
Liquidity 10-6
short-term debt 76.4% · cash 0.8%
Profitability 64-16
return on assets -4.1%
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 12.6%highest value 12-2024: 1.4%▼ -11.2 percentage points vs 11-2024 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.4%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%▼ -0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025lowest value 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.4 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 3.2%▲ +1.1 percentage points vs 09-2025 11-2025: 3.3%▲ +0.1 percentage points vs 10-2025 12-2025: 4.1%▲ +0.8 percentage points vs 11-2025 01-2026: 6.2%▲ +2.1 percentage points vs 12-2025 02-2026: 6.2%● unchanged vs 01-2026 03-2026: 6.2%● unchanged vs 02-2026 04-2026: 6.0%▼ -0.2 percentage points vs 03-2026 05-2026: 6.0%● unchanged vs 04-2026 06-2026: 6.0%● unchanged vs 05-2026 07-2026: 6.0%● unchanged vs 06-2026 08-2026: 6.3%▲ +0.3 percentage points vs 07-2026 09-2026: 6.3%● unchanged vs 08-2026 10-2026: 6.3%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 08-11-2024)
NBB · annual accounts
lowers risk · Size: total assets €570,434
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €23,228 (financial year 2023)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline17-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-10-2024, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
92 days late
2022
291 days late
2021
226 days late
2020
512 days late
2019
188 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 262 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · full…
  2. Annual accounts filedfinancial year 2022 · full…
  3. Weakest financial yearnet -€23,228

Financials · financial year 2023, full format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 17 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€23,228
2022 · €46,478
Working capital
-€181,473▼ 13.3%
2022 · -€160,222
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result has fallen two years in a row; 2023 is 11% below 2022.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€82,025 2023 Net result-€23,228 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result-€4,164-€26,135€2,500▼ 90.4%€104,655▲ 4,087%€92,530▼ 11.6%€82,025▼ 11.4%
Net result-€4,511-€15,852€199▼ 98.7%€75,023▲ 37,602%€46,478▼ 38.0%-€23,228
Equity€20,135-€35,988▲ 78.7%€36,187▲ 0.6%€111,209▲ 207%€157,687▲ 41.8%€134,459▼ 14.7%
Total assets€25,584-€353,017▲ 1,280%€356,496▲ 1.0%€495,564▲ 39.0%€533,958▲ 7.7%€570,434▲ 6.8%
Debt€5,448-€317,030▲ 5,719%€320,310▲ 1.0%€384,355▲ 20.0%€376,270▼ 2.1%€435,975▲ 15.9%
Working capital€20,043--€266,145-€266,395▼ 0.1%-€192,270▲ 27.8%-€160,222▲ 16.7%-€181,473▼ 13.3%
Staff (FTE)0.5-2.8▲ 460%1.2▼ 57.1%1.5▲ 25.0%1.6▲ 6.7%
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €570,434
Fixed assets €315,932 ▼ 0.7%
Current assets €254,501 ▲ 18.0%
Equity and liabilities €570,434
Equity €134,459 ▼ 14.7%
Debt €435,975 ▲ 15.9%
Debt's share of the balance-sheet total rises from 70.5% to 76.4%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€86,440▼
2022 · €95,649
Cash flow
-€18,813▼
2022 · €49,597
Current ratio
0.58▲
2022 · 0.57
Debt to equity
3.24▲
2022 · 2.39
ROE
-17.3%▼
2022 · 29.5%
ROA
-4.1%▼
2022 · 8.7%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€435,975▲
2022 · €375,973
Income taxes
€104,848▲
2022 · €45,831
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€533,958€570,434▲
Fixed assets21/28€318,207€315,932▼
Tangible fixed assets22/27€18,207€15,932▼
Land and buildings22€13,915€12,415▼
Furniture and vehicles24€4,292€3,517▼
Financial fixed assets28€300,000€300,000=
Current assets29/58€215,751€254,501▲
Amounts receivable within one year40/41€196,068€249,294▲
Trade receivables40-€104
Other amounts receivable41€196,068€249,190▲
Cash at bank and in hand54/58€16,798€4,759▼
Deferred charges and accrued income490/1€2,885€449▼
Equity and liabilities
Total equity and liabilities10/49€533,958€570,434▲
Equity10/15€157,687€134,459▼
Contributions10/11€18,660€18,660=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€137,167€113,939▼
Amounts payable17/49€376,270€435,975▲
Amounts payable within one year42/48€375,973€435,975▲
Trade debts44€30,363€12,397▼
Suppliers440/4€30,363€12,397▼
Taxes, remuneration and social security45€26,791€85,514▲
Taxes450/3€20,831€85,514▲
Remuneration and social security454/9€5,960-
Other amounts payable47/48€318,819€338,064▲
Accrued charges and deferred income492/3€298-
Income statement Code20222023
Remuneration, social security and pensions62€48,109-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,119€4,415▲
Other operating charges640/8€3,081€1,178▼
Gross operating margin9900€146,838€87,618▼
Operating profit (loss)9901€92,530€82,025▼
Financial income75/76B€85-
Recurring financial income75€85-
Financial charges65/66B€306€405▲
Recurring financial charges65€306€405▲
Profit (loss) for the period before taxes9903€92,309€81,620▼
Income taxes67/77€45,831€104,848▲
Profit (loss) for the period9904€46,478-€23,228▼
Profit (loss) for the period to be appropriated9905€46,478-€23,228▼
Appropriation of the result
Profit (loss) to be appropriated9906€137,167€113,939▼
Profit (loss) brought forward from the previous period14P€90,689€137,167▲
Social balance sheet
Average headcount (FTE)90871.6-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Remuneration, social security and pensions62--€28,377€47,743€48,109--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€677€1,185€1,147€1,702€3,119€4,415▲ 41.6%
Other operating charges640/8--€8,589€1,477€3,081€1,178▼ 61.8%
Gross operating margin9900€21,820€71,771€40,613€155,576€146,838€87,618▼ 40.3%
Operating profit (loss)9901-€4,164€26,135€2,500€104,655€92,530€82,025▼ 11.4%
Financial income75/76B--€0€43€85--
Recurring financial income75-€0€0€43€85--
Financial charges65/66B--€277€206€306€405▲ 32.6%
Recurring financial charges65€287€283€277€206€306€405▲ 32.6%
Profit (loss) for the period before taxes9903-€4,452€25,852€2,223€104,492€92,309€81,620▼ 11.6%
Income taxes67/77€60€10,000€2,024€29,470€45,831€104,848▲ 129%
Profit (loss) for the period9904-€4,511€15,852€199€75,023€46,478-€23,228-
Profit (loss) for the period to be appropriated9905-€4,511€15,852€199€75,023€46,478-€23,228-
Line201820192020202120222023Change
Assets
Total assets20/58€25,584€353,017€356,496€495,564€533,958€570,434▲ 6.8%
Fixed assets21/28€1,792€302,133€302,585€303,480€318,207€315,932▼ 0.7%
Tangible fixed assets22/27€1,353€1,693€2,145€3,040€18,207€15,932▼ 12.5%
Land and buildings22----€13,915€12,415▼ 10.8%
Furniture and vehicles24--€2,145€3,040€4,292€3,517▼ 18.0%
Financial fixed assets28€439€300,439€300,439€300,439€300,000€300,000=
Current assets29/58€23,791€50,885€53,912€192,084€215,751€254,501▲ 18.0%
Amounts receivable within one year40/41€17,322€7,158€5,840€69,216€196,068€249,294▲ 27.1%
Trade receivables40--€4,052€1,490-€104-
Other amounts receivable41--€1,788€67,726€196,068€249,190▲ 27.1%
Cash at bank and in hand54/58€942€35,942€47,397€121,838€16,798€4,759▼ 71.7%
Deferred charges and accrued income490/1--€675€1,030€2,885€449▼ 84.4%
Equity and liabilities
Total equity and liabilities10/49€25,584€353,017€356,496€495,564€533,958€570,434▲ 6.8%
Equity10/15€20,135€35,988€36,187€111,209€157,687€134,459▼ 14.7%
Contributions10/11€18,660€18,660€18,660€18,660€18,660€18,660=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€385€15,468€15,667€90,689€137,167€113,939▼ 16.9%
Amounts payable17/49€5,448€317,030€320,310€384,355€376,270€435,975▲ 15.9%
Amounts payable within one year42/48€3,748€317,030€320,306€384,355€375,973€435,975▲ 16.0%
Trade debts44€2,197€8,040€11,769€17,354€30,363€12,397▼ 59.2%
Suppliers440/4--€11,769€17,354€30,363€12,397▼ 59.2%
Taxes, remuneration and social security45--€12,900€2,642€26,791€85,514▲ 219%
Taxes450/3--€11,300-€20,831€85,514▲ 311%
Remuneration and social security454/9--€1,600€2,642€5,960--
Other amounts payable47/48--€295,638€364,359€318,819€338,064▲ 6.0%
Accrued charges and deferred income492/3--€3-€298--
Line201820192020202120222023Change
Profit (loss) for the period9904-€4,511€15,852€199€75,023€46,478-€23,228-
+ Depreciation and write-downs630€677€1,185€1,147€1,702€3,119€4,415▲ 41.6%
Operating cash flow (approximation)-€3,835€17,037€1,346€76,725€49,597-€18,813-
Investment in fixed assets (approximation)--€301,525-€1,599-€2,597-€17,846-€2,141▲ 88.0%
Change in cash-€35,001€11,455€74,441-€105,040-€12,039▲ 88.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2023 full format 31-10-2024 2024-00531200
31-12-2022 full format 17-05-2024 2024-00090578
31-12-2021 full format 14-03-2023 2023-00041335
31-12-2020 full format 25-12-2022 2022-20546320
31-12-2019 micro format 04-02-2021 2021-04800518
31-12-2018 micro format 31-10-2019 2019-73100289
31-12-2017 full format 29-09-2018 2018-68700582
31-12-2016 full format 25-10-2017 2017-67900170

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding · 2 subsidiaries in the tree

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2023 annual accounts of DOUBLE G and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 4 Gazette acts processed.

History

On 20 July 2015, DOUBLE G was incorporated.1 Total assets went from €25,584 in 2018 to €570,434 in 2023 and headcount from 0.5 full-time equivalents in 2018 to 1.6 in 2022.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2022 and 2023

Acts, filings and financial milestones

2024
31-10
NBB filing Annual accounts filed
financial year 2023 · full format · 92 days late
17-05
NBB filing Annual accounts filed
financial year 2022 · full format · 291 days late
2023
31-12
Financial Weakest financial yearnet -€23,228
Net result drops to -€23,228, the lowest in the series.
14-03
NBB filing Annual accounts filed
financial year 2021 · full format · 226 days late
2022
31-12
Financial Equity above €150,000equity €157,687 ▲41.8%
4 profitable years in a row build equity to €157,687.
25-12
NBB filing Annual accounts filed
financial year 2020 · full format · 512 days late
2021
31-12
Financial Highest result from 2018 to 2023net €75,023 ▲37,602%
Operating result €104,655, net result €75,023, both a record.
31-12
Financial Equity above €100,000equity €111,209 ▲207%
3 profitable years in a row build equity to €111,209.
04-02
NBB filing Annual accounts filed
financial year 2019 · micro format · 188 days late
2019
31-12
Financial Back to profitnet €15,852
Net result €15,852 after one loss-making year.
31-10
NBB filing Annual accounts filed
financial year 2018 · micro format · 92 days late
2018
29-09
NBB filing Annual accounts filed
financial year 2017 · full format · 60 days late
2017
25-10
NBB filing Annual accounts filed
financial year 2016 · full format · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded20-07-2015
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Amay · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
148 m²
Building footprint
59 m²
Building volume
615 m³
Parcel 61003A1220/00A003, Wallonia · tallest building 11.8 m. Linked by address, not a title deed.
1 establishment unit
SPRL BUREAU D'ASSURANCE BONANNO-GIACCONE
Rue Gaston Grégoire(AMA) 19, 4540 AmayInsurance agents and brokers
since 2015unit no. 2.247.894.529
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
61003A1220/00A003 Wallonia 148 m² 1 · 59 m² 11.8 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.