MS WATCHES
The computed 12-month bankruptcy probability of MS WATCHES is 8.7% (elevated). The 2023 annual accounts show negative equity (€-11k) and a net result of €-16k. Its solvency ranks better than 18% of 5714 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Net result | €-16k |
| Better than sector | 18% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -19.4% | 20.1% | |
| Net result | €-16k | €3k | |
| Equity | €-11k | €15k | |
| Gross operating margin | €121k | €23k | |
| Staff costs | €128k | €33k |
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-7k |
| Net profit | €-16k |
| Cash flow | €-14k |
| Staff costs | €128k |
| Income taxes | - |
| Dividends | - |
| Total assets | €56k |
| Equity | €-11k |
| Debt | €67k |
| of which ≤ 1y | €67k |
| of which > 1y | - |
| Working capital | €-18k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.73 |
| Quick ratio | 0.73 |
| Working capital ratio | -32.2% |
| Solvency | -19.4% |
| Debt / equity | -6.16 |
| Long-term debt ratio | - |
| Interest coverage | -1.06 |
| Gross margin | - |
| Net margin | - |
| ROA | -28.4% |
| ROE | 146.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €56k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €49k |
| Stocks & contracts in progress | 3 | €153 |
| Amounts receivable within one year | 40/41 | €38k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €56k |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €67k |
| Amounts payable within one year | 42/48 | €67k |
| Trade debts payable within one year | 44 | €23k |
| Income statement | ||
| Gross operating margin | 9900 | €121k |
| Operating result | 9901 | €-9k |
| Financial income | 75 | €107 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-16k |
| Net result for the period | 9904 | €-16k |
| Result to be appropriated | 9905 | €-16k |
-
BM HORLOGERIELegal entityDirector· perm. rep.: MICHEL BenoîtState Gazette act 24109447 (19-07-2024)Current19-07-2024 → present
Former directors (1)
-
SUZUKI MonaDirectorState Gazette act 24109447 (19-07-2024)Former- → 19-07-2024
| NACE primary | Detailhandel in uurwerken en sieraden(47770) |
| Legal form | Private limited company(610) |
| Incorporation | 04-04-2022 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0301/00T008 | Brussels | 244 m² | 1 · 244 m² | 20.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-07-2024 1 director appointed, 1 resigning
- MICHEL Benoît, Bestuurder
- SUZUKI Mona, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SUZUKI Mona",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e g\u00E9n\u00E9rale acte la d\u00E9mission de Madame SUZUKI Mona de son poste d\u0027administrateur avec effet imm\u00E9diat.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
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"name": "MICHEL Beno\u00EEt",
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},
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0795.744.745",
"name": "BM HORLOGERIE",
"address": null,
"country": null,
"legal_form": "SComm"
},
"statutory": null,
"compensated": true,
"effective_date": null,
"evidence_quote": "A l\u0027unanimit\u00E9, l\u0027assembl\u00E9e g\u00E9n\u00E9rale acte la nomination de la SComm \u0022BM HORLOGERIE\u0022 (NE0795.744.745), repr\u00E9sent\u00E9e de mani\u00E8re permanente par Monsieur MICHEL Beno\u00EEt, au poste d\u0027administrateur pour une dur\u00E9e illim\u00EDt\u00E9e. Ce mandat sera r\u00E9mun\u00E9r\u00E9.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-05-12",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-05-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0784.463.249",
"name_full": "MS WATCHES",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0795.744.745",
"org_name": "BM HORLOGERIE",
"person_name": null,
"org_rep_person_name": "Benoit MICHEL",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}21-11-2023 Registered office moved from De Panne to Elsene
- Halmenstraat 9/3 - 8660 De Panne → Waterloose Steenweg 450 1050 Elsene
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Waterloose Steenweg 450\n1050 Elsene",
"city": "Elsene",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Waterloose Steenweg",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "450",
"locality_suffix": null
},
"old_address": {
"raw": "Halmenstraat 9/3 - 8660 De Panne",
"city": "De Panne",
"region": "vlaams_gewest",
"street": "Halmenstraat",
"country": "BE",
"postcode": "8660",
"box_number": null,
"street_number": "9/3",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Er word beslist om de maatschappelijke zetel op het volgende adres te verplaatsen vanaf heden",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-11-10",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-10-24",
"unanimous": null
},
"subject_company": {
"kbo": "0784.463.249",
"name_full": "MS WATCHES",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "J. Jordens bv",
"person_name": null,
"org_rep_person_name": "Serge Solau",
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen b bij het Belgisch Staatsblad - 21/11/2023 - Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MS WATCHES |