Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 299 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
DOUBLE P from Gent, company number BE0452015347, closed financial year 2023 with a result of € -3,992 after tax. For that financial year DOUBLE P recorded a gross margin of € 3,723 and equity of € -97,843. Compared with financial year 2022, the result moved from € -85,146 to € -3,992. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2025.
€ -97,843
▼ € 3,992 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,992
▲ 95 % less loss than in 2022
Profit after tax over the fiscal year.
€ 46,769
▲ 137% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -116,443.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
€ 193,000
▲ 8% vs 2022
Loans from banks and other lenders, long and short.
€ 26,905
▲ 3% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 10,987
▲ € 10,542 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -41,746 | € -52,015 | € 3,723 | ▲ € 55,738 |
| Profit after taxes | € -37,439 | € -85,146 | € -3,992 | ▲ € 81,154 |
| Equity | € -8,704 | € -93,850 | € -97,843 | ▼ € 3,992 |
| Total debts | € 226,885 | € 223,798 | € 250,494 | ▲ 12% |
| Cash | € 64,710 | € 19,772 | € 46,769 | ▲ 137% |
| Land & buildings | € 3,935 | € 3,511 | € 3,087 | ▼ 12% |
| Retained profit | € -27,304 | € -112,450 | € -116,443 | ▼ € 3,992 |
| Bank debt | € 186,000 | € 178,000 | € 193,000 | ▲ 8% |
| Balance sheet total | € 218,180 | € 129,948 | € 152,652 | ▲ 17% |
Key figures of DOUBLE P, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to DOUBLE P?
What happened at DOUBLE P in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 3,992. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,439 loss in 2021 to € 3,992 loss in 2023.
Management
Behind DOUBLE P is PHILIPPE POELMAN.
Directors
According to the 2023 annual accounts
PHILIPPE POELMAN
Director
Establishments
Establishment units
Physical locations of this company
Kasteelwegel 29
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.015.347
- VAT number
- BE 0452.015.347
- Registered office
- Kasteelwegel 29, 9040 Gent
- Names & denominations
- DOUBLE P
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 1994
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Groothandel in schoeisel