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P.P. GOLDTIME DIFFUSION

Active
Private limited company (pre-2019)founded 1988active for 38 yearsSteenweg op Merchtem 50, 1780 Wemmel, BelgiumKBO/BCE: BE 0435.172.187
Summary

P.P. GOLDTIME DIFFUSION has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,533) and a net result of €25,595. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 8% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 01-09-1988 Normal situation
Activity
Retail sale of watches and jewellery NACE 47770
Establishment unit
2.040.282.756 1780 Wemmel, since 02-12-1988
Financial year end
31 December
Peppol
Reachable since 06-01-2026

Board and ownership

Board
  • De Bleser DidierDirector · since 10-04-2017

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€27,038
▲ 18.6%
Turnover
≈ €120,000
estimated
Profit
€25,595
▲ 16.0%
Equity
-€19,533
▲ 56.7%
Total assets
€59,168
▲ 69.3%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 28 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€19,533Sector: Retail trade (NACE 47)Last filed accounts filed 28 days late; 2 of the last 3 accounts latelowers riskFounded in 1988Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 71% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 0=
equity -33.0% of total assets
Liquidity 94-3
short-term debt 6.4% · cash 34.9%
Profitability 100=
return on assets 43.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.6%▼ -0.3 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▼ -0.1 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 15.27 (6.75 in 2024), above the usual 1.5. Short-term debt is 6.4% and cash 34.9% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 93% on liquidity, 96% on profitability and 87% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€19,533
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 12775 sector peers (2025).
NBB · sector comparison
Position among 12775 sector peers
Solvency
better than 8%
← weakest strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
31 days late
2023
31 days late
2022
5 days early
2021
45 days early
2020
18 days early
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€19,533 View
  • Caution: Lower solvency than 92% of companies in retail tradesector median 36.6% · 12,775 companies -33.0% View

Recent changes

  1. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as P.P. GOLDTIME DIFFUSION: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €43,200 and €84,500, founded between 1983 and 1994.

CompanyTotal assetsGross margin
P.P. GOLDTIME DIFFUSION Wemmel€59,168€27,038
JUCKLER ET COMPAGNIE Sambreville€54,466€18,630
Djani Antwerpen€58,356€40,110
FABIANI Sint-Pieters-Woluwe€43,206€31,786
VDH Horlogerie-Bijouterie Ans€84,538€21,491
GROUPE DELTA INVEST Hastière€77,278€17,295
Luks Antwerpen€58,743€16,071
Full comparison

Key facts about P.P. GOLDTIME DIFFUSION

What is the company number of P.P. GOLDTIME DIFFUSION?
The company number of P.P. GOLDTIME DIFFUSION is 0435.172.187. The VAT number is the same number with BE in front: BE 0435.172.187.
Where is P.P. GOLDTIME DIFFUSION based?
The registered office is at Steenweg op Merchtem 50, 1780 Wemmel.Company details
What does P.P. GOLDTIME DIFFUSION do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of P.P. GOLDTIME DIFFUSION?
The legal form of P.P. GOLDTIME DIFFUSION is Private limited company (pre-2019) (BVBA).
When was P.P. GOLDTIME DIFFUSION founded?
P.P. GOLDTIME DIFFUSION was founded on 01-09-1988.
Is P.P. GOLDTIME DIFFUSION still active?
Yes, P.P. GOLDTIME DIFFUSION is an active enterprise in the KBO register.
What is the turnover of P.P. GOLDTIME DIFFUSION?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €27,038 and 74 comparable companies (NACE 477). It probably lies between €68,000 and €230,000.Financials
Is P.P. GOLDTIME DIFFUSION profitable?
In financial year 2025, P.P. GOLDTIME DIFFUSION made a profit of €25,595.
Where can I find the annual accounts of P.P. GOLDTIME DIFFUSION?
P.P. GOLDTIME DIFFUSION filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.P. GOLDTIME DIFFUSION due?
P.P. GOLDTIME DIFFUSION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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