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Timepieces Belgium

Active
Private limited companyfounded 2023active for 3 yearsExcelsiorlaan 8, 1930 Zaventem, Belgium20 active companies are registered at this addressKBO/BCE: BE 0799.530.418

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Timepieces Belgium is 3.1% (moderate). The 2025 annual accounts show equity of €95,975 and a net result of €69,542. Its solvency ranks better than 33% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 15-03-2023 Normal situation
Legal form
Private limited company
Registered office
Excelsiorlaan 8, 1930 Zaventem
Activity
Retail sale of watches and jewellery NACE 47770
Establishment unit
2.342.657.787 1930 Zaventem, since 15-03-2023
Financial year end
31 March
Peppol
Reachable since 24-12-2025

Board and ownership

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts to 31-03-2025
Gross margin
€119,762
▲ 256%
Turnover
≈ €380,000
estimated
Profit
€69,542
▲ 185%
Equity
€95,975
▲ 263%
Total assets
€707,313
▲ 157%
2026 accounts not filed, 1 day past the deadline
Filed on 26-11-2025PDF
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2023Equity €95,975 (13.6% of total assets)lowers riskSize: total assets €707,313Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 60% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 39+4
equity 13.6% of total assets
Liquidity 42+2
short-term debt 45.2% · cash 11.0%
Profitability 81+1
return on assets 9.8%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 2.9% 12-2024: 6.1%▲ +3.2 percentage points vs 11-2024 01-2025: 8.3%▲ +2.2 percentage points vs 12-2024 02-2025: 8.3%● unchanged vs 01-2025 03-2025: 8.5%▲ +0.2 percentage points vs 02-2025 04-2025: 8.5%● unchanged vs 03-2025 05-2025: 8.5%● unchanged vs 04-2025 06-2025: 8.5%● unchanged vs 05-2025 07-2025: 9.9%▲ +1.4 percentage points vs 06-2025 08-2025: 10.8%▲ +0.9 percentage points vs 07-2025 09-2025: 10.5%▼ -0.3 percentage points vs 08-2025 10-2025: 10.5%● unchanged vs 09-2025 11-2025: 10.9%▲ +0.4 percentage points vs 10-2025highest value 12-2025: 1.7%▼ -9.2 percentage points vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026lowest value 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.4 percentage points vs 06-2026 08-2026: 3.0%▲ +0.8 percentage points vs 07-2026 09-2026: 3.3%▲ +0.3 percentage points vs 08-2026 10-2026: 3.1%▼ -0.2 percentage points vs 09-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (2.73 in 2024), above the usual 1.5. Short-term debt is 45.2% and cash 11% of total assets. However, 86.4% of the assets are financed with debt and provisions.
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 30% of them on solvency, 40% on liquidity, 73% on profitability and 97% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €707,313
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €95,975 (13.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-11-2025, 26 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 · 2 filings
Deviation from the deadline
2026
not filed
2025
26 days late
2024
336 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 181 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Equity rose in 2025from €26,433 to €95,975 ▲ 263% View
  • Positive: Higher net result than 92% of companies in retail tradesector median €5,089 · 22,707 companies €69,542 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Timepieces Belgium

What is the company number of Timepieces Belgium?
The company number of Timepieces Belgium is 0799.530.418. The VAT number is the same number with BE in front: BE 0799.530.418.
Where is Timepieces Belgium based?
The registered office is at Excelsiorlaan 8, 1930 Zaventem.Company details
What does Timepieces Belgium do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of Timepieces Belgium?
The legal form of Timepieces Belgium is Private limited company (BV).
When was Timepieces Belgium founded?
Timepieces Belgium was founded on 15-03-2023.
Is Timepieces Belgium still active?
Yes, Timepieces Belgium is an active enterprise in the KBO register.
What is the turnover of Timepieces Belgium?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €119,762 and 32 comparable companies (NACE 477). It probably lies between €260,000 and €740,000.Financials
Is Timepieces Belgium profitable?
In financial year 2025, Timepieces Belgium made a profit of €69,542.
Where can I find the annual accounts of Timepieces Belgium?
Timepieces Belgium filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

Comparable companies

These companies have the same main activity as Timepieces Belgium: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €553,000 and €791,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Timepieces Belgium Zaventem€707,313€119,762
HOUSE OF TIME Waterloo€791,318€115,192
VAN DEN BOSSCHE WIM - VGP Brakel€642,968€89,794
UNICUM Aalst€570,708€160,227
BRICTEUX Liège€751,687€196,318
SD TRADING Antwerpen€763,268€199,163
JB Fine Jewellery Antwerpen€553,002€179,621
Full comparison

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