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DOUBLE O'NINE

Active
Public limited companyfounded 199927 yrs activeMarkt 24, 9340 Lede, BelgiumKBO/BCE: BE 0465.436.979

DOUBLE O'NINE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €70k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+18
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 7.56 against 8.55 in 2024; short-term debt: 11.9% and cash: 6.9% of total assets), and 12% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88%
Return on assets
17.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 d early
2024
59 d early
2023
98 d early
2022
39 d early
2021
68 d early
2020
47 d early
2019
57 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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€349k▲ 25.0%
2024 · €279k
2018: €212k 2019: €229k 2020: €242k 2021: €245k 2022: €244k 2023: €269k 2024: €279k
2018 → 2025
Total assets
€396k▲ 22.6%
2024 · €323k
2018: €414k 2019: €371k 2020: €368k 2021: €354k 2022: €344k 2023: €350k 2024: €323k
2018 → 2025
Net result
€70k▲ 573%
2024 · €10k
2018: €27k 2019: €17k 2020: €31k 2021: €13k 2022: €9k 2023: €34k 2024: €10k
2018 → 2025
Working capital
€311k▲ 17.9%
2024 · €264k
2018: €177k 2019: €211k 2020: €235k 2021: €249k 2022: €259k 2023: €258k 2024: €264k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€245k-€244k▼ 0.3%€269k▲ 9.9%€279k▲ 3.9%€349k▲ 25.0%
Operating result€15k-€11k▼ 23.7%€39k▲ 251%€15k▼ 61.6%€94k▲ 530%
Net result€13k-€9k▼ 27.5%€34k▲ 267%€10k▼ 69.7%€70k▲ 573%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €15k€15kNet result 2021: €13k€13kOperating result 2022: €11k€11kNet result 2022: €9k€9kOperating result 2023: €39k€39kNet result 2023: €34k€34kOperating result 2024: €15k€15kNet result 2024: €10k€10kOperating result 2025: €94k€94kNet result 2025: €70k€70k20212022202320242025
The operating result recovers in 2025; 2025 is 530% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396k
Fixed assets €38k▲ 55.4%
Current assets €358k▲ 19.9%
Equity and liabilities €396k
Equity €349k▲ 25.0%
Debt €47k▲ 7.6%
The debt ratio falls from 13.6% to 12.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€105k
2024 · €25k
Cash flow
€80k
2024 · €20k
Solvency
88.0%
2024 · 86.4%
Current ratio
7.56
2024 · 8.55
Quick ratio
3.33
2024 · 2.65
Debt / equity
0.14
2024 · 0.16
ROE
20.0%
2024 · 3.7%
ROA
17.6%
2024 · 3.2%
Interest coverage
41.00
2024 · 8.06
Debt
€47k
2024 · €44k
Debt ≤ 1 year
€47k
2024 · €35k
Debt > 1 year
€0
2024 · €9k
Income taxes
€28k
2024 · €6k
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€323k€396k
Fixed assets21/28€25k€38k
Tangible fixed assets22/27€25k€38k
Plant, machinery and equipment23€9k€20k
Furniture and vehicles24€16k€18k
Financial fixed assets28€124€124=
Current assets29/58€298k€358k
Stocks and contracts in progress3€206k€200k
Stocks30/36€206k€200k
Amounts receivable within one year40/41€15k€21k
Trade receivables40€3k€5k
Other amounts receivable41€12k€16k
Current investments50/53€45k€100k
Cash at bank and in hand54/58€29k€27k
Deferred charges and accrued income490/1€4k€9k
Equity and liabilities
Total equity and liabilities10/49€323k€396k
Equity10/15€279k€349k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€74k€144k
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€12k€82k
Profit (loss) carried forward14€143k€143k=
Amounts payable17/49€44k€47k
Amounts payable after more than one year17€9k€0
Financial debts170/4€9k€0
Amounts payable within one year42/48€35k€47k
Current portion of amounts payable after more than one year42€13k€9k
Trade debts44€12k€18k
Suppliers440/4€12k€18k
Taxes, remuneration and social security45€6k€17k
Taxes450/3€6k€17k
Other amounts payable47/48€3k€3k
Accrued charges and deferred income492/3€199€106
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k€-13k
Other operating charges640/8€798€1k
Gross operating margin9900€37k€93k
Operating profit (loss)9901€15k€94k
Financial income75/76B€5k€6k
Recurring financial income75€5k€6k
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€17k€98k
Income taxes67/77€6k€28k
Profit (loss) for the period9904€10k€70k
Profit (loss) for the period to be appropriated9905€10k€70k
Appropriation of the result
Profit (loss) to be appropriated9906€153k€212k
Profit (loss) brought forward from the previous period14P€143k€143k=
Transfer to equity691/2€10k€70k
To other reserves6921€10k€70k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €70k ▲573%
Operating result €94k, net result €70k, both a record.
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €9k ▼27.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
24-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Lede · 1 establishment unit since 1999
establishment The establishment unit on the map
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.

Markt 249340 Lede
Ground area
407 m²
Building footprint
180 m²
Parcel 41034F1000/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
OPTIEK VAN BOSSELE
Markt 24, 9340 LedeNACE 2615004
since 19992.090.504.606
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41034F1000/00L000 Flanders 407 m² 1 · 180 m² -
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.

Similar companies · same sector, comparable size

Of 1,729 companies in sector 47742 we hold annual accounts for 1,138. 878 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded23-03-1999
Fiscal year end31-12
Activities, NACEBEL
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.