DOUBLE-U
ActiveSummary
DOUBLE-U has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €40k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+59
Solvency60▼-8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.4 in 2024; short-term debt: 63.2% and cash: 29.3% of total assets), and 64.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.2%
Return on assets
25.9%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
34 d early
2023
12 d early
2022
31 d early
2021
39 d early
2020
1 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€452k
EBIT margin
2.7%
Net result
€40k
2024 · €-279
2019: €9k
2020: €-3k▼ -131% vs 2019lowest in 7 years
2021: €9k▲ +408% vs 2020
2022: €16k▲ +79.5% vs 2021
2023: €31k▲ +101% vs 2022
2024: €-279▼ -101% vs 2023
2025: €40k▲ +14357% vs 2024highest in 7 years
2019 → 2025
Working capital
€31k▲ 13.0%
2024 · €27k
2019: €13k
2020: €9k▼ -32.1% vs 2019lowest in 7 years
2021: €11k▲ +21.8% vs 2020
2022: €17k▲ +51.0% vs 2021
2023: €33k▲ +96.5% vs 2022highest in 7 years
2024: €27k▼ -15.9% vs 2023
2025: €31k▲ +13.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€37k▲ 34.0%€51k▲ 38.9%€51k▼ 0.6%€54k▲ 7.4%
2021: €27klowest in 5 years
2022: €37k▲ +34.0% vs 2021
2023: €51k▲ +38.9% vs 2022
2024: €51k▼ -0.6% vs 2023
2025: €54k▲ +7.4% vs 2024highest in 5 years
Operating result€13k-€24k▲ 79.8%€44k▲ 82.8%€4k▼ 89.9%€57k▲ 1,172%
2021: €13k
2022: €24k▲ +79.8% vs 2021
2023: €44k▲ +82.8% vs 2022
2024: €4k▼ -89.9% vs 2023lowest in 5 years
2025: €57k▲ +1172% vs 2024highest in 5 years
Net result€9k-€16k▲ 79.5%€31k▲ 101%€-279€40k
2021: €9k
2022: €16k▲ +79.5% vs 2021
2023: €31k▲ +101% vs 2022
2024: €-279▼ -101% vs 2023lowest in 5 years
2025: €40k▲ +14357% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,172% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets
€26k ▲ 11.3%
Current assets
€128k ▲ 34.6%
Equity and liabilities €154k
Equity
€54k ▲ 7.4%
Debt
€100k ▲ 46.8%
Debt's share of the balance-sheet total rises from 57.4% to 64.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €10k
Cash flow
€46k▲
2024 · €5k
Current ratio
1.32▼
2024 · 1.40
Quick ratio
1.22▲
2024 · 1.19
Debt to equity
1.84▲
2024 · 1.35
ROE
73.4%▲
2024 · -0.6%
ROA
25.9%▲
2024 · -0.2%
Interest coverage
12.58▲
2024 · 2.68
Debt ≤ 1 year
€97k▲
2024 · €68k
Debt > 1 year
€2k
Income taxes
€13k▲
2024 · €1k
Staff costs
€47k▼
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€118k€154k▲
Fixed assets21/28€23k€26k▲
Intangible fixed assets21€7k€9k▲
Tangible fixed assets22/27€15k€16k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€4k€7k▲
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€1k€1k=
Current assets29/58€95k€128k▲
Stocks and contracts in progress3€14k€10k▼
Stocks30/36€14k€10k▼
Amounts receivable within one year40/41€30k€34k▲
Trade receivables40€22k€30k▲
Other amounts receivable41€8k€4k▼
Current investments50/53€18k€27k▲
Cash at bank and in hand54/58€22k€45k▲
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€118k€154k▲
Equity10/15€51k€54k▲
Contributions10/11€4k€4k=
Reserves13€36k€39k▲
Tax-exempt reserves132€95€95=
Distributable reserves133€36k€39k▲
Profit (loss) carried forward14€10k€11k▲
Amounts payable17/49€68k€100k▲
Amounts payable after more than one year17-€2k
Financial debts170/4-€2k
Amounts payable within one year42/48€68k€97k▲
Current portion of amounts payable after more than one year42-€1k
Trade debts44€35k€27k▼
Suppliers440/4€35k€27k▼
Taxes, remuneration and social security45€25k€30k▲
Taxes450/3€14k€20k▲
Remuneration and social security454/9€10k€10k▼
Other amounts payable47/48€8k€40k▲
Accrued charges and deferred income492/3€26€439▲
Income statement
Code20242025
Remuneration, social security and pensions62€48k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-448€0▲
Other operating charges640/8€2k€6k▲
Gross operating margin9900€60k€116k▲
Operating profit (loss)9901€4k€57k▲
Financial income75/76B€219€678▲
Recurring financial income75€219€678▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€999€53k▲
Income taxes67/77€1k€13k▲
Profit (loss) for the period9904€-279€40k▲
Profit (loss) for the period to be appropriated9905€-279€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€50k▲
Profit (loss) brought forward from the previous period14P€11k€10k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€0€12k▲
To other reserves6921€0€12k▲
Profit to be distributed694/7€0€36k▲
Return on contributions (dividend)694€0€36k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3k | €14k | €48k | €47k | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €8k | €5k | €5k | €7k | ▲ 20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €448 | - | €-448 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €1k | €1k | €2k | €6k | ▲ 183% |
| Gross operating margin9900 | €25k | €36k | €64k | €60k | €116k | ▲ 95.3% |
| Operating profit (loss)9901 | €13k | €24k | €44k | €4k | €57k | ▲ 1,172% |
| Financial income75/76B | - | €186 | €28 | €219 | €678 | ▲ 209% |
| Recurring financial income75 | €8 | €186 | €28 | €219 | €678 | ▲ 209% |
| Financial charges65/66B | - | €3k | €2k | €4k | €5k | ▲ 36.4% |
| Recurring financial charges65 | €1k | €3k | €2k | €4k | €5k | ▲ 36.4% |
| Profit (loss) for the period before taxes9903 | €12k | €21k | €42k | €999 | €53k | ▲ 5,183% |
| Income taxes67/77 | €4k | €6k | €11k | €1k | €13k | ▲ 913% |
| Profit (loss) for the period9904 | €9k | €16k | €31k | €-279 | €40k | ▲ 14,357% |
| Profit (loss) for the period to be appropriated9905 | €9k | €16k | €31k | €-279 | €40k | ▲ 14,357% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114k | €83k | €129k | €118k | €154k | ▲ 30.0% |
| Fixed assets21/28 | €21k | €20k | €19k | €23k | €26k | ▲ 11.3% |
| Intangible fixed assets21 | - | - | - | €7k | €9k | ▲ 29.7% |
| Tangible fixed assets22/27 | €19k | €18k | €17k | €15k | €16k | ▲ 4.1% |
| Plant, machinery and equipment23 | - | €2k | €2k | €2k | €1k | ▼ 17.5% |
| Furniture and vehicles24 | - | €5k | €5k | €4k | €7k | ▲ 63.8% |
| Other tangible fixed assets26 | - | €11k | €10k | €9k | €7k | ▼ 20.4% |
| Financial fixed assets28 | €2k | €2k | €1k | €1k | €1k | = |
| Current assets29/58 | €93k | €63k | €110k | €95k | €128k | ▲ 34.6% |
| Stocks and contracts in progress3 | €11k | €13k | €13k | €14k | €10k | ▼ 32.5% |
| Stocks30/36 | - | €13k | €13k | €14k | €10k | ▼ 32.5% |
| Amounts receivable within one year40/41 | €43k | €21k | €36k | €30k | €34k | ▲ 13.3% |
| Trade receivables40 | - | €20k | €34k | €22k | €30k | ▲ 39.9% |
| Other amounts receivable41 | - | €595 | €1k | €8k | €4k | ▼ 55.7% |
| Current investments50/53 | - | - | €13k | €18k | €27k | ▲ 49.4% |
| Cash at bank and in hand54/58 | €31k | €21k | €42k | €22k | €45k | ▲ 109% |
| Deferred charges and accrued income490/1 | - | €8k | €7k | €11k | €12k | ▲ 8.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114k | €83k | €129k | €118k | €154k | ▲ 30.0% |
| Equity10/15 | €27k | €37k | €51k | €51k | €54k | ▲ 7.4% |
| Contributions10/11 | - | €4k | €4k | €4k | €4k | = |
| Reserves13 | €11k | €23k | €36k | €36k | €39k | ▲ 9.4% |
| Tax-exempt reserves132 | - | €95 | €95 | €95 | €95 | = |
| Distributable reserves133 | - | €22k | €36k | €36k | €39k | ▲ 9.5% |
| Profit (loss) carried forward14 | €11k | €10k | €11k | €10k | €11k | ▲ 3.3% |
| Amounts payable17/49 | €86k | €47k | €78k | €68k | €100k | ▲ 46.8% |
| Amounts payable after more than one year17 | €4k | - | - | - | €2k | - |
| Financial debts170/4 | - | - | - | - | €2k | - |
| Amounts payable within one year42/48 | €82k | €47k | €78k | €68k | €97k | ▲ 43.2% |
| Current portion of amounts payable after more than one year42 | - | €1k | - | - | €1k | - |
| Trade debts44 | €55k | €30k | €32k | €35k | €27k | ▼ 23.1% |
| Suppliers440/4 | - | €30k | €32k | €35k | €27k | ▼ 23.1% |
| Taxes, remuneration and social security45 | - | €13k | €28k | €25k | €30k | ▲ 19.7% |
| Taxes450/3 | - | €10k | €23k | €14k | €20k | ▲ 37.4% |
| Remuneration and social security454/9 | - | €3k | €5k | €10k | €10k | ▼ 5.1% |
| Other amounts payable47/48 | - | €2k | €18k | €8k | €40k | ▲ 386% |
| Accrued charges and deferred income492/3 | - | - | €531 | €26 | €439 | ▲ 1,610% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €16k | €31k | €-279 | €40k | ▲ 14,357% |
| + Depreciation and write-downs630 | €10k | €8k | €5k | €5k | €7k | ▲ 20.0% |
| Operating cash flow (approximation) | €18k | €23k | €37k | €5k | €46k | ▲ 797% |
| Investment in fixed assets (approximation) | - | €-7k | €-4k | €-10k | €-9k | ▲ 6.9% |
| Change in cash | - | €-10k | €20k | €-20k | €24k | ▲ 218% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Ternat · 1 establishment unit since 2021
Ground area
354 m²
Building footprint
113 m²
Volume, LiDAR
731 m³
Parcel 23086E0175/00X000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Cauwelaertstraat 27, 1740 Ternat
since 20212.311.554.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086E0175/00X000 | Flanders | 354 m² | 1 · 113 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,181 EUR awarded · 1,181 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 1,181 EUR |
| 2022 | 1 | 1,181 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,848 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
Founded02-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
95100Repair and maintenance of computers and communication equipment
Contact
E-mail
wim@double-u.be
Scores and ratios are computed by Checked and are not a credit decision.