Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Double P Projects from Gent, company number BE0470949450, closed financial year 2025 with a result of € -6,135 after tax. For that financial year Double P Projects recorded a gross margin of € -1,188 and equity of € -690. Compared with financial year 2024, the result moved from € -5,955 to € -6,135. 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 April 27, 2026.
€ -690
▼ € 6,135 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,135
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 37,729
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,521.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 200,000
Loans from banks and other lenders, long and short.
€ 3,878
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,987
▲ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,765 | € -1,550 | € -1,591 | € -1,188 | ▲ € 404 |
| Profit after taxes | € -816 | € -5,752 | € -5,955 | € -6,135 | ▼ € 181 |
| Equity | € 17,153 | € 11,400 | € 5,446 | € -690 | ▼ € 6,135 |
| Total debts | € 245,066 | € 248,166 | € 253,271 | € 258,603 | ▲ 2% |
| Cash | € 37,219 | € 4,784 | € 33,880 | € 37,729 | ▲ 11% |
| Land & buildings | € 220,000 | € 220,000 | € 220,000 | € 220,000 | |
| Retained profit | € -2,679 | € -8,431 | € -14,386 | € -20,521 | ▼ € 6,135 |
| Bank debt | € 200,000 | € 200,000 | € 200,000 | € 200,000 | |
| Balance sheet total | € 262,219 | € 259,567 | € 258,716 | € 257,913 |
Key figures of Double P Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Double P Projects?
What happened at Double P Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,135. Source: NBB ↗
- MARC VAN GEEM became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 816 loss in 2022 to € 6,135 loss in 2025.
Management
Behind Double P Projects is MARC VAN GEEM. MARC VAN GEEM is also behind JMR C BENELUX and KALLISTO.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Zwijnaardsesteenweg 194
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0470.949.450
- VAT number
- BE 0470.949.450
- Registered office
- Zwijnaardsesteenweg 194, 9000 Gent
- Names & denominations
- Double P Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2000
- Peppol
- Not registered