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Active Risk: moderate
Private limited companyfounded 2021active for 5 yearsRue du Petit-Fraineux 53, 4550 Nandrin, BelgiumKBO/BCE: BE 0769.486.350
Summary

The computed 12-month bankruptcy probability of ABOUT WATCHES is 1.6% (moderate). The 2022 annual accounts show equity of €26,012 and a net result of €24,012. Its solvency ranks better than 53% of 241 sector peers (NACE 26, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26520
1 site
Size
€52,334total assets 2022
Equity
€26,012
Profit
€24,012
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
1.6%
2022 figures too old to score
Structure
Accounts filed 28 days late0 of 1 deed read
Signalsraises riskFigures for financial year 2022 (filed 28-02-2023)3 financial years not filed after the legal deadline; latest accounts 29 days latelowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 1.91, cash €24,477neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Financial strength, FY 2022
Strong
Solvency 75
equity 49.7% of total assets
Liquidity 75
short-term debt 50.3% · cash 46.8%
Profitability 100
return on assets 45.9%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (446 companies, NACE 26, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.0%▼ -0.1 percentage points vs 11-2024lowest value 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.4%▲ +0.4 percentage points vs 01-2025 03-2025: 1.9%▲ +0.5 percentage points vs 02-2025highest value 04-2025: 1.9%● unchanged vs 03-2025highest value 05-2025: 1.9%● unchanged vs 04-2025highest value 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.8%▼ -0.1 percentage points vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 1.7%● unchanged vs 07-2026 09-2026: 1.6%▼ -0.1 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2022 (filed 28-02-2023)
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
raises risk · 3 financial years not filed after the legal deadline; latest accounts 29 days late
NBB · filings
lowers risk · Liquidity: current ratio 1.91, cash €24,477
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 28-02-2023, 28 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2022
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 28 days after the deadline; the sector median (NACE 26) for financial year 2022 is 6 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Active since 2021founded 09-06-2021 5 years View
  • Total assets 2022first financial year filed €52,334 View

By topic

Financials

Financial year
2022
Total assets
€52,334
Profit
€24,012
Solvency
49.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26520
Founded
09-06-2021
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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