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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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
DOUBLE G from Amay, company number BE0633965967, closed financial year 2023 with a result of € -23,228 after tax. For that financial year DOUBLE G recorded a gross margin of € 87,618 and equity of € 134,459. Compared with financial year 2022, the result moved from € 46,478 to € -23,228. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2024.
€ 134,459
▼ 15% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,228
▼ still € 46,478 profit in 2022
Profit after tax over the fiscal year.
€ 4,759
▼ 72% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 115,799.
People and assets in 2023
€ 3,517
▼ 18% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 12,397
▼ 59% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 85,514
▲ 219% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € 40,613 | € 155,576 | € 146,838 | € 87,618 | ▼ 40% |
| Profit after taxes | € 199 | € 75,023 | € 46,478 | € -23,228 | ▼ € 69,706 |
| Equity | € 36,187 | € 111,209 | € 157,687 | € 134,459 | ▼ 15% |
| Total debts | € 320,310 | € 384,355 | € 376,270 | € 435,975 | ▲ 16% |
| Cash | € 47,397 | € 121,838 | € 16,798 | € 4,759 | ▼ 72% |
| Land & buildings | - | - | € 13,915 | € 12,415 | ▼ 11% |
| Retained profit | € 17,527 | € 92,549 | € 139,027 | € 115,799 | ▼ 17% |
| Balance sheet total | € 356,496 | € 495,564 | € 533,958 | € 570,434 | ▲ 7% |
| Employees (FTE) | 1.2 | 1.5 | 1.6 | - |
Key figures of DOUBLE G, fiscal years 2020 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 G?
What happened at DOUBLE G in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 23,228 (▼ € 69,706 vs 2022). filed late Source: NBB ↗
- New establishment in Amay. KBO
- Start of the company according to the CBE. KBO
In short
From € 199 profit in 2020 to € 23,228 loss in 2023.
Paid € 182,173 in corporate taxes since 2020.
Best year ever: 2021, with € 75,023 profit.
On average € 91,800 of value added per employee in 2022.
Management
Behind DOUBLE G is Joseph Giaccone. It owns 66% of GIACCONE itself.
Directors
According to the 2023 annual accounts
Joseph Giaccone
Manager
Establishments
Establishment units
Physical locations of this company
Rue Gaston Grégoire(AMA) 19
4540 Amay
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
- 0633.965.967
- VAT number
- BE 0633.965.967
- Registered office
- Rue Gaston Grégoire(AMA) 19, 4540 Amay
- Names & denominations
- DOUBLE G
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2015
- Peppol
- Not registered