Private limited company · founded 2021 · active 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.
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Financial strength, FY 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency75
equity 49.7% of total assets
Liquidity75
short-term debt 50.3% · cash 46.8%
Profitability100
return on assets 45.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 1.1%12-2024: 1.0%▼ -0.1 percentage points vs 11-2024lowest value01-2025: 1.0%● unchanged vs 12-2024lowest value02-2025: 1.4%▲ +0.4 percentage points vs 01-202503-2025: 1.9%▲ +0.5 percentage points vs 02-2025highest value04-2025: 1.9%● unchanged vs 03-2025highest value05-2025: 1.9%● unchanged vs 04-2025highest value06-2025: 1.9%● unchanged vs 05-202507-2025: 1.9%● unchanged vs 06-202508-2025: 1.9%● unchanged vs 07-202509-2025: 1.9%● unchanged vs 08-202510-2025: 1.9%● unchanged vs 09-202511-2025: 1.9%● unchanged vs 10-202512-2025: 1.9%● unchanged vs 11-202501-2026: 1.9%● unchanged vs 12-202502-2026: 1.8%▼ -0.1 percentage points vs 01-202603-2026: 1.8%● unchanged vs 02-202604-2026: 1.8%● unchanged vs 03-202605-2026: 1.8%● unchanged vs 04-202606-2026: 1.7%▼ -0.1 percentage points vs 05-202607-2026: 1.7%● unchanged vs 06-202608-2026: 1.7%● unchanged vs 07-202609-2026: 1.6%▼ -0.1 percentage points vs 08-202610-2026: 1.6%● unchanged vs 09-2026
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.
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.