DOUBLE P

Active

Private limited company (pre-2019)founded 1994active for 32 yearsKasteelwegel 29, 9040 Gent, BelgiumKBO/BCE: BE 0452.015.347

Summary

The computed 12-month bankruptcy probability of DOUBLE P is 11.5% (high). For DOUBLE P, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€97,843) and a net result of -€3,992. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 14,762 sector peers (NACE 46, financial year 2023). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

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DOUBLE PActive

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Activity

Wholesale of household textiles and bedding

NACE 46412

1 site

Size

€152,652total assets 2023

Equity: -€97,843
Loss: -€3,992

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 11.5%

2023 figures too old to score

Structure

2024 accounts not filed, 452 days past the deadline1 of 4 deeds summarised

Signalsraises riskFigures for financial year 2023 (filed 26-05-2025)2 financial years not filed after the legal deadline; last filed accounts filed 299 days late; 3 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filed2023 accounts filed 299 days latelowers riskFounded in 1994Show 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: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 0=

equity -64.1% of total assets

Liquidity 38+19

short-term debt 130.1% · cash 30.6%

Profitability 22+22

return on assets -2.6%

Bankruptcy probability, 12 months

11.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)

Last 24 months 11-2024: 3.9% 12-2024: 4.9%▲ +1.0 percentage point vs 11-2024 01-2025: 8.8%▲ +3.9 percentage points vs 12-2024 02-2025: 8.8%● unchanged vs 01-2025 03-2025: 9.1%▲ +0.3 percentage points vs 02-2025 04-2025: 8.4%▼ -0.7 percentage points vs 03-2025 05-2025: 8.4%● unchanged vs 04-2025 06-2025: 3.6%▼ -4.8 percentage points vs 05-2025lowest value 07-2025: 3.8%▲ +0.2 percentage points vs 06-2025 08-2025: 4.5%▲ +0.7 percentage points vs 07-2025 09-2025: 5.1%▲ +0.6 percentage points vs 08-2025 10-2025: 6.2%▲ +1.1 percentage points vs 09-2025 11-2025: 5.9%▼ -0.3 percentage points vs 10-2025 12-2025: 7.2%▲ +1.3 percentage points vs 11-2025 01-2026: 10.1%▲ +2.9 percentage points vs 12-2025 02-2026: 10.1%● unchanged vs 01-2026 03-2026: 10.7%▲ +0.6 percentage points vs 02-2026 04-2026: 10.1%▼ -0.6 percentage points vs 03-2026 05-2026: 9.5%▼ -0.6 percentage points vs 04-2026 06-2026: 9.5%● unchanged vs 05-2026 07-2026: 9.5%● unchanged vs 06-2026 08-2026: 11.5%▲ +2.0 percentage points vs 07-2026highest value 09-2026: 11.5%● unchanged vs 08-2026highest value 10-2026: 11.5%● unchanged vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2023 (filed 26-05-2025)

NBB · annual accounts

2 financial years not filed after the legal deadline; last filed accounts filed 299 days late; 3 of the last 3 late

NBB · filings

1 change of registered office in 24 months

Belgian Official Gazette

Founded in 1994

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

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 · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline26-10-2026 today

2023 accounts filed 299 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-05-2025, 299 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 · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

299 days late

2022

157 days late

2021

521 days late

2020

110 days late

2019

475 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 312 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-05-2025 Annual accounts filedfinancial year 2023 · micro…
07-05-2025 Registered officeRegistered-office move · Director in…
04-01-2024 Annual accounts filedfinancial year 2022 · micro…

Key points

Risk: 2024 accounts not fileddeadline was 31-07-2025 452 days past the deadline View
Risk: Negative equityfinancial year 2023: debts exceed assets -€97,843 View
Risk: 3 loss-making years in a rowloss financial year 2023 -€3,992 View
Positive: Result rose in 2023from -€85,146 to -€3,992 ▲ 95.3% View
Caution: Among the weakest 6% on equitysector median €55,153 · 14,805 companies -€97,843 View

By topic

Financials

Financial year: 2023
Total assets: €152,652
Loss: -€3,992
Solvency: -64.1%

Total assets▲ 17.5%

Net result

20182023

Go to Financials

Timeline

Events: 32
Since: 1996

03-01-2024Annual accounts filed
31-12-2022Weakest financial year
18-11-2021Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Wholesale of household textiles and beddingNACE 46412
Founded: 11-02-1994
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about DOUBLE P

What is the company number of DOUBLE P?: 0452.015.347. In Belgium the VAT number is the company number with BE in front: BE 0452.015.347.
Where is DOUBLE P based?: The registered office is at Kasteelwegel 29, 9040 Gent.Company details
What does DOUBLE P do?: According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of DOUBLE P?: Private limited company (pre-2019) (BVBA).
When was DOUBLE P founded?: On 11-02-1994.
Is DOUBLE P still active?: Yes, DOUBLE P is an active enterprise in the KBO register.
What is the turnover of DOUBLE P?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is DOUBLE P profitable?: In financial year 2023, DOUBLE P made a loss of €3,992.
Where can I find the annual accounts of DOUBLE P?: DOUBLE P filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2023.