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DOUBLE TROUBLE

Open bankruptcy
Private limited companyfounded 2022Mercelisstraat 2, 1050 Elsene, BelgiumKBO/BCE: BE 0786.702.563

A bankruptcy procedure is open for DOUBLE TROUBLE according to publications in the Belgian State Gazette; curator: Lise HEILPORN.

Summary

The 2024 annual accounts show negative equity (€-110k) and a net result of €-134k.

DOUBLE TROUBLEOpen bankruptcy

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year €-110k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
69 d late
2023
96 d late
2022
182 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 2024, micro schema

Equity
€-110k
2023 · €24k
Total assets
€343k▲ 0.2%
2023 · €343k
Net result
€-134k
2023 · €18k
Working capital
€-20k
2023 · €191k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€-4k-€23k€-128k
Net result€-4k-€18k€-134k
Equity€6k-€24k▲ 287%€-110k
Total assets€317k-€343k▲ 8.2%€343k▲ 0.2%
Debt€311k-€318k▲ 2.5%€453k▲ 42.2%
Working capital€235k-€191k▼ 18.7%€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €23k€23kNet result 2023: €18k€18kOperating result 2024: €-128k€-128kNet result 2024: €-134k€-134k202220232024€-150k€-100k€-50k€0Operating result 2022: €-4k€-3.7kNet result 2022: €-4k€-3.7kOperating result 2023: €23k€23kNet result 2023: €18k€18kOperating result 2024: €-128k€-128kNet result 2024: €-134k€-134k202220232024
The operating result turns negative in 2024: a loss of €128k after €23k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €343k
Fixed assets €52k ▲ 90.0%
Current assets €291k ▼ 7.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-121k▼
2023 · €26k
Cash flow
€-127k▼
2023 · €21k
Solvency
-31.9%▼
2023 · 7.1%
Current ratio
0.94▼
2023 · 2.53
Quick ratio
0.92▼
2023 · 2.53
Debt to equity
-4.13▼
2023 · 13.11
ROA
-39.0%▼
2023 · 5.3%
Interest coverage
-27.65▼
2023 · 76.84
Debt ≤ 1 year
€311k▲
2023 · €125k
Debt > 1 year
€129k▼
2023 · €189k
Income taxes
€2k▼
2023 · €5k
Staff costs
€215k
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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€343k€343k▲
Fixed assets21/28€27k€52k▲
Tangible fixed assets22/27€27k€50k▲
Plant, machinery and equipment23€23k€35k▲
Leasing and similar rights25-€11k
Other tangible fixed assets26€4k€4k▼
Financial fixed assets28-€2k
Current assets29/58€315k€291k▼
Stocks and contracts in progress3-€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€312k€286k▼
Trade receivables40€13k€89k▲
Other amounts receivable41€299k€197k▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€343k€343k▲
Equity10/15€24k€-110k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€14k€-120k▼
Amounts payable17/49€318k€453k▲
Amounts payable after more than one year17€189k€129k▼
Financial debts170/4€189k€129k▼
Amounts payable within one year42/48€125k€311k▲
Current portion of amounts payable after more than one year42€111k€173k▲
Trade debts44€5k€45k▲
Suppliers440/4€5k€45k▲
Taxes, remuneration and social security45€9k€65k▲
Taxes450/3€9k€38k▲
Remuneration and social security454/9-€27k
Other amounts payable47/48-€28k
Accrued charges and deferred income492/3€5k€12k▲
Income statement Code20232024
Remuneration, social security and pensions62-€215k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€364€783▲
Gross operating margin9900€27k€95k▲
Operating profit (loss)9901€23k€-128k▼
Financial income75/76B-€777
Recurring financial income75-€777
Financial charges65/66B€343€4k▲
Recurring financial charges65€343€4k▲
Profit (loss) for the period before taxes9903€23k€-132k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€18k€-134k▼
Profit (loss) for the period to be appropriated9905€18k€-134k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-120k▼
Profit (loss) brought forward from the previous period14P€-4k€14k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62--€215k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395€3k€7k▲ 123%
Other operating charges640/8-€364€783▲ 115%
Gross operating margin9900€-3k€27k€95k▲ 256%
Operating profit (loss)9901€-4k€23k€-128k▼ 655%
Financial income75/76B--€777-
Recurring financial income75--€777-
Financial charges65/66B-€343€4k▲ 1,179%
Recurring financial charges65-€343€4k▲ 1,179%
Profit (loss) for the period before taxes9903€-4k€23k€-132k▼ 679%
Income taxes67/77-€5k€2k▼ 56.6%
Profit (loss) for the period9904€-4k€18k€-134k▼ 844%
Profit (loss) for the period to be appropriated9905€-4k€18k€-134k▼ 844%
Line202220232024Change
Assets
Total assets20/58€317k€343k€343k▲ 0.2%
Fixed assets21/28€20k€27k€52k▲ 90.0%
Tangible fixed assets22/27€20k€27k€50k▲ 82.1%
Plant, machinery and equipment23€14k€23k€35k▲ 52.7%
Leasing and similar rights25--€11k-
Other tangible fixed assets26€5k€4k€4k▼ 10.0%
Financial fixed assets28--€2k-
Current assets29/58€297k€315k€291k▼ 7.6%
Stocks and contracts in progress3--€4k-
Stocks30/36--€4k-
Amounts receivable within one year40/41€208k€312k€286k▼ 8.4%
Trade receivables40-€13k€89k▲ 561%
Other amounts receivable41€208k€299k€197k▼ 34.0%
Cash at bank and in hand54/58€89k€3k€2k▼ 45.0%
Equity and liabilities
Total equity and liabilities10/49€317k€343k€343k▲ 0.2%
Equity10/15€6k€24k€-110k▼ 551%
Contributions10/11€10k€10k€10k=
Profit (loss) carried forward14€-4k€14k€-120k▼ 937%
Amounts payable17/49€311k€318k€453k▲ 42.2%
Amounts payable after more than one year17€246k€189k€129k▼ 31.7%
Financial debts170/4€246k€189k€129k▼ 31.7%
Amounts payable within one year42/48€63k€125k€311k▲ 150%
Current portion of amounts payable after more than one year42€54k€111k€173k▲ 55.8%
Trade debts44€9k€5k€45k▲ 831%
Suppliers440/4€9k€5k€45k▲ 831%
Taxes, remuneration and social security45-€9k€65k▲ 642%
Taxes450/3-€9k€38k▲ 329%
Remuneration and social security454/9--€27k-
Other amounts payable47/48--€28k-
Accrued charges and deferred income492/3€2k€5k€12k▲ 158%
Line202220232024Change
Profit (loss) for the period9904€-4k€18k€-134k▼ 844%
+ Depreciation and write-downs630€395€3k€7k▲ 123%
Operating cash flow (approximation)€-3k€21k€-127k▼ 697%
Investment in fixed assets (approximation)-€-11k€-32k▼ 189%
Change in cash-€-86k€-1k▲ 98.4%

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

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Timeline · acts, filings and financial milestones

2025
24-10
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-10-2025
08-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial Weakest financial yearnet €-134k
Net result drops to €-134k, the lowest in the series.
04-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
29-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 182 days late
2023
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State 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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Directors · office · real estate

Directors
2 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, Elsene · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
177 m²
Building footprint
229 m²
Volume, LiDAR
2,866 m³
2 parcels, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
15 companies at this address See who is registered here
1 establishment unit
JAJA
Aalststraat 16, 1000 BrusselLimited-service restaurants
since 20232.344.453.574
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A1035/00K003 Brussels 108 m² 1 · 159 m² 15.7 m · 4 fl.
21811M0139/00B004 Brussels 70 m² 1 · 70 m² 14.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator Lise HEILPORN
CHAUSSEE DE LA HULPE 150, 1170 WATERMAEL-BOITSFORT
20-10-2025 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Brussel2.344.453.574
1 permission
Toelating · Eetgelegenheid · since 11-03-2024

Similar companies · same sector, comparable size

Of 14,006 companies in sector 56301 we hold annual accounts for 4,888. 4,046 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services

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