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MS WATCHES

Active
Private limited companyfounded 2022active for 4 yearsWaterloose Steenweg 450, 1050 Elsene, BelgiumKBO/BCE: BE 0784.463.249
Summary

The computed 12-month bankruptcy probability of MS WATCHES is 10.4% (high). The 2023 annual accounts show negative equity (-€10,810) and a net result of -€15,810. Its solvency ranks better than 16% of 24,567 sector peers (NACE 47, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of watches and jewellery
NACE 47770
1 site
Size
€55,736total assets 2023
Equity
-€10,810
Loss
-€15,810
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
10.4%
2023 figures too old to score
Structure
Accounts on time0 of 3 deeds read
Signalsraises risk2 financial years not filed after the legal deadlineFigures for financial year 2023 (filed 08-05-2024)No filing in 24 months (latest 08-05-2024)Founded in 2022neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2023
Weak
Solvency 6
equity -19.4% of total assets
Liquidity 13
short-term debt 119.4% · cash 10.1%
Profitability 0
return on assets -28.4%
Bankruptcy probability, 12 months
10.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,186 companies, NACE 47, micro)
Last 24 months 11-2024: 4.1% 12-2024: 4.0%▼ -0.1 percentage points vs 11-2024lowest value 01-2025: 4.7%▲ +0.7 percentage points vs 12-2024 02-2025: 5.3%▲ +0.6 percentage points vs 01-2025 03-2025: 5.2%▼ -0.1 percentage points vs 02-2025 04-2025: 5.4%▲ +0.2 percentage points vs 03-2025 05-2025: 6.3%▲ +0.9 percentage points vs 04-2025 06-2025: 6.6%▲ +0.3 percentage points vs 05-2025 07-2025: 9.6%▲ +3.0 percentage points vs 06-2025 08-2025: 9.8%▲ +0.2 percentage points vs 07-2025 09-2025: 10.4%▲ +0.6 percentage points vs 08-2025 10-2025: 12.2%▲ +1.8 percentage points vs 09-2025highest value 11-2025: 12.2%● unchanged vs 10-2025highest value 12-2025: 7.7%▼ -4.5 percentage points vs 11-2025 01-2026: 7.1%▼ -0.6 percentage points vs 12-2025 02-2026: 7.1%● unchanged vs 01-2026 03-2026: 7.0%▼ -0.1 percentage points vs 02-2026 04-2026: 7.0%● unchanged vs 03-2026 05-2026: 8.8%▲ +1.8 percentage points vs 04-2026 06-2026: 10.4%▲ +1.6 percentage points vs 05-2026 07-2026: 10.4%● unchanged vs 06-2026 08-2026: 10.4%● unchanged vs 07-2026 09-2026: 10.4%● unchanged vs 08-2026 10-2026: 10.4%● unchanged vs 09-2026
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Signals

Five signals.
+raises risk○neutral
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
raises risk · Figures for financial year 2023 (filed 08-05-2024)
NBB · annual accounts
raises risk · No filing in 24 months (latest 08-05-2024)
NBB · filings
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts on the deadline day; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2023: debts exceed assets -€10,810 View
  • Caution: Among the weakest 14% on net resultsector median €3,996 · 24,534 companies -€15,810 View
  • Active since 2022founded 04-04-2022 4 years View

By topic

Financials

Financial year
2023
Total assets
€55,736
Loss
-€15,810
Solvency
-19.4%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of watches and jewelleryNACE 47770
Founded
04-04-2022
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

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