DOUBLE 8
ActiveSummary
DOUBLE 8 has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €72k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 2280 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+18
Solvency31▼-22
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 1.75 against 2.99 in 2023; short-term debt: 56.2% and cash: 63.8% of total assets), but 93.8% 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+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.2%
Return on assets
24.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2280 sector peers (2024).
NBB · sector comparisonPosition among 2280 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
133 d late
2023
71 d late
2022
45 d early
2021
3 d early
2020
30 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€19k▼ 78.1%
2023 · €85k
2018: €38k
2019: €59k
2020: €57k
2021: €33k
2022: €56k
2023: €85k
2018 → 2024
Total assets
€298k▼ 3.3%
2023 · €308k
2018: €54k
2019: €71k
2020: €67k
2021: €41k
2022: €273k
2023: €308k
2018 → 2024
Net result
€72k▲ 145%
2023 · €29k
2018: €26k
2019: €21k
2020: €-2k
2021: €12k
2022: €23k
2023: €29k
2018 → 2024
Working capital
€125k▼ 37.6%
2023 · €200k
2018: €38k
2019: €57k
2020: €56k
2021: €32k
2022: €241k
2023: €200k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€33k▼ 42.6%€56k▲ 68.8%€85k▲ 52.7%€19k▼ 78.1%
Operating result€-2k-€9k€34k▲ 271%€49k▲ 42.5%€90k▲ 84.9%
Net result€-2k-€12k€23k▲ 92.8%€29k▲ 29.3%€72k▲ 145%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 85% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €298k
Fixed assets
€6k ▼ 27.8%
Current assets
€293k ▼ 2.7%
Equity and liabilities €298k
Equity
€19k ▼ 78.1%
Debt
€280k ▲ 25.0%
Debt's share of the balance-sheet total rises from 72.5% to 93.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€94k▲
2023 · €53k
Cash flow
€76k▲
2023 · €34k
Current ratio
1.75▼
2023 · 2.99
Debt to equity
15.07▲
2023 · 2.64
ROE
387.1%▲
2023 · 34.5%
ROA
24.1%▲
2023 · 9.5%
Interest coverage
19.98▲
2023 · 11.88
Debt ≤ 1 year
€168k▲
2023 · €100k
Debt > 1 year
€111k▼
2023 · €123k
Income taxes
€20k▲
2023 · €15k
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 · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€308k€298k▼
Fixed assets21/28€8k€6k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€301k€293k▼
Stocks and contracts in progress3€253k€0▼
Stocks30/36€253k€0▼
Amounts receivable within one year40/41€25k€95k▲
Trade receivables40€25k€28k▲
Other amounts receivable41€0€67k▲
Current investments50/53€10k€3k▼
Cash at bank and in hand54/58€11k€190k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€308k€298k▼
Equity10/15€85k€19k▼
Contributions10/11€19k€19k=
Reserves13€37k€0▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€37k€0▼
Profit (loss) carried forward14€29k€0▼
Amounts payable17/49€224k€280k▲
Amounts payable after more than one year17€123k€111k▼
Financial debts170/4€123k€111k▼
Amounts payable within one year42/48€100k€168k▲
Current portion of amounts payable after more than one year42€17k€13k▼
Financial debts43€9k€149▼
Credit institutions430/8€9k€149▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€18k€13k▼
Taxes450/3€16k€13k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€52k€138k▲
Accrued charges and deferred income492/3€4€470▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€55k€96k▲
Operating profit (loss)9901€49k€90k▲
Financial income75/76B€1€7k▲
Recurring financial income75€1€7k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€44k€92k▲
Income taxes67/77€15k€20k▲
Profit (loss) for the period9904€29k€72k▲
Profit (loss) for the period to be appropriated9905€29k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€101k▲
Profit (loss) brought forward from the previous period14P-€29k
Transfer from equity791/2-€37k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€138k
Return on contributions (dividend)694-€126k
Directors or managers695-€12k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 133 days late
2024
31-12
Financial
Highest result since 2018net €72k ▲145%
Operating result €90k, net result €72k, both a record.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 11.57
Current ratio from 5.17 to 11.57.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼108%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aartselaar · 1 establishment unit since 2017
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.
Zinkvalstraat 1222630 AartselaarGround area
2,225 m²
Building footprint
213 m²
Volume, LiDAR
1,188 m³
Parcel 11372A0260/00B000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DOUBLE 8
since 20172.270.922.527
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0260/00B000 | Flanders | 2,225 m² | 1 · 213 m² | 9.1 m · 2 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
PONTO CONSULTING
BE 0641.996.775
Mortsel · Eq €18,550
ICT Talents
BE 0451.582.609
Kortrijk · Eq €18,541
C20
BE 0713.906.934
Kraainem · Eq €18,538
WhoCares?
BE 0778.851.996
Etterbeek · Eq €18,563
SIMPLY JOY
BE 0567.653.007
Waterloo · Eq €18,534
Of 3,152 companies in sector 63920 we hold annual accounts for 1,523. 1,032 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.