Horlogemarkt
ActiveThe computed 12-month bankruptcy probability of Horlogemarkt is 2.0% (moderate). The 2025 annual accounts show equity of €15k and a net result of €12k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 58% of 18281 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+61
Solvency68▲+9
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.42 in 2024; short-term debt: 38.5% and cash: 27.1% of total assets), but 56.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
38 d early
2024
23 d early
2023
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 54.1%
2024 · €9k
2023: €9k
2024: €9k
2023 → 2025
Total assets
€34k▲ 20.4%
2024 · €28k
2023: €20k
2024: €28k
2023 → 2025
Net result
€12k▲ 1,397%
2024 · €809
2023: €4k
2024: €809
2023 → 2025
Working capital
€7k▲ 90.1%
2024 · €4k
2023: €7k
2024: €4k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€9k▲ 9.3%€15k▲ 54.1%
Operating result€8k-€5k▼ 43.8%€19k▲ 320%
Net result€4k-€809▼ 81.8%€12k▲ 1,397%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 320% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€13k▼ 10.0%
Current assets
€20k▲ 54.8%
Equity and liabilities €34k
Equity
€15k▲ 54.1%
Debt
€19k▲ 3.2%
The debt ratio falls from 66.3% to 56.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €6k
Cash flow
€14k▲
2024 · €2k
Solvency
43.1%▲
2024 · 33.7%
Current ratio
1.56▲
2024 · 1.42
Quick ratio
0.83▲
2024 · 0.50
Debt / equity
1.32▼
2024 · 1.97
ROE
83.1%▲
2024 · 8.5%
ROA
35.8%▲
2024 · 2.9%
Interest coverage
8.28▲
2024 · 2.04
Debt
€19k▲
2024 · €19k
Debt ≤ 1 year
€13k▲
2024 · €9k
Debt > 1 year
€6k▼
2024 · €9k
Income taxes
€5k▲
2024 · €990
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€28k€34k▲
Fixed assets21/28€15k€13k▼
Intangible fixed assets21€922€155▼
Tangible fixed assets22/27€14k€13k▼
Plant, machinery and equipment23€14k€13k▼
Current assets29/58€13k€20k▲
Stocks and contracts in progress3€8k€10k▲
Stocks30/36€8k€10k▲
Amounts receivable within one year40/41€301€237▼
Trade receivables40€292€237▼
Other amounts receivable41€10-
Cash at bank and in hand54/58€3k€9k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€28k€34k▲
Equity10/15€9k€15k▲
Contributions10/11€5k€5k=
Reserves13€4k€3k▼
Distributable reserves133€4k€3k▼
Profit (loss) carried forward14-€6k
Amounts payable17/49€19k€19k▲
Amounts payable after more than one year17€9k€6k▼
Financial debts170/4€9k€6k▼
Amounts payable within one year42/48€9k€13k▲
Current portion of amounts payable after more than one year42€3k€7k▲
Trade debts44€920€1k▲
Suppliers440/4€920€1k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€4k€4k▲
Remuneration and social security454/9€800-
Other amounts payable47/48€113€59▼
Accrued charges and deferred income492/3€249€617▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€611€506▼
Gross operating margin9900€6k€21k▲
Operating profit (loss)9901€5k€19k▲
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€2k€17k▲
Income taxes67/77€990€5k▲
Profit (loss) for the period9904€809€12k▲
Profit (loss) for the period to be appropriated9905€809€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€809€12k▲
Transfer from equity791/2-€1k
Transfer to equity691/2€809-
To other reserves6921€809-
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2023net €12k ▲1397%
Operating result €19k, net result €12k, both a record.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €809 ▼81.8%
Net result drops to €809, the lowest in the series; recovery starts the following year.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosduifstraat 82400 MolGround area
857 m²
Building footprint
163 m²
Volume, LiDAR
810 m³
Parcel 13433E1528/00G000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Horlogemarkt
since 20222.335.252.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13433E1528/00G000 | Flanders | 857 m² | 1 · 163 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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STEENTJES
BE 0675.641.127
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BE 0668.774.616
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BE 0646.975.152
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Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 569 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-09-2022
Fiscal year end30-06
Activities, NACEBEL
47789Other retail sale of new goods
47890Retail trade
47770Retail sale of watches and jewellery
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.