Equity
-€107,221
Debts exceed assets in financial year 2025.
WATCH ACCESSORIES
Lifetime
2 annual accounts with figures on one time axispeak €3,753 (2025)
€3,753▲ €7,914
lowest -€59,881 (2025)
-€59,881▼ €2,542
peak -€47,340 (2024)
-€107,221▼ €59,881
€275,537▲ 19.0%
Board1 name since 2024
1 directorTHOMAS David
Owners
100%CARCHARODON
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from -€4,161 to €3,753Loss of €59,881Equity from -€47,340 to -€107,221Debts from €231,564 to €275,537
Key points
from the 2025 annual accountsLosses
-€117,221 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €40,000 estimated
The accounts state no turnover.
Debts
€275,537 164% of the balance sheet
Suppliers 4%Taxes and wages 5%Other 90%
Starting capital
€10,000 100 shares
Position in the sector
-63.7%
Lower solvency than 94% of companies in retail trade. Sector median 36.6% · 12,856 companies.
Checked score
50
Fair
Financially stronger than 8% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.9%lowest value
03-2025: 1.9%● unchanged vs 02-2025lowest value
04-2025: 2.0%▲ +0.1 percentage points vs 03-2025
05-2025: 2.3%▲ +0.3 percentage points vs 04-2025
06-2025: 2.4%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 2.0%▼ -0.7 percentage points vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.1%▲ +0.1 percentage points vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.2%▲ +0.1 percentage points vs 01-2026
03-2026: 2.1%▼ -0.1 percentage points vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.2%▲ +0.1 percentage points vs 04-2026
06-2026: 2.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.2%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.4 percentage points vs 07-2026
09-2026: 2.6%● unchanged vs 08-2026
10-2026: 2.4%▼ -0.2 percentage points vs 09-2026
11-2026: 2.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€107,221
Founded in 2024
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €168,316
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, 16% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as WATCH ACCESSORIES has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WATCH ACCESSORIES itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for WATCH ACCESSORIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.45 (0.59 in 2024), below 1. Short-term debt is 163.7% and cash 13.9% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€107,221
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
24 days early
2024
27 days early
← 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 26 days before 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CARCHARODON 100%score 82equity €82,392 (2025) · 30-06-2025 annual accounts of CARCHARODON
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1004811122
Incorporation
Founding capital of €10,000, 100 shares · Founder: CARCHARODON · Appointment: THOMAS David (director) · published on 19-01-2024 · Gazette deed
First establishment
Ernest Allardstraat 16, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WATCH ACCESSORIES Brussels | €168,316 | €3,753 | -63.7% | - |
| Juwelen Milea Oostkamp | €130,989 | €2,877 | -6.5% | - |
| NAMOR Antwerp | €210,722 | €10,133 | 37.6% | - |
| ACQUA CLEAN Namur | €167,644 | €4,920 | 9.6% | - |
| Forever Jewellery Antwerp | €224,818 | €2,015 | -13.7% | - |
| BRUNI Kuurne | €279,830 | €10,732 | 0.3% | - |
| VALOV Antwerp | €69,686 | €6,873 | 24.5% | - |
These companies have the same main activity as WATCH ACCESSORIES: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €69,700 and €280,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 17-01-2024Normal situation
- Activity
- Retail sale of watches and jewelleryNACE 47770and 5 others
- Establishment unit
- 2.354.757.3501000 Brussels, since 17-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €168,316▼ 8.6%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on WATCH ACCESSORIES
The computed 12-month bankruptcy probability of WATCH ACCESSORIES is 2.4% (moderate). The 2025 annual accounts show negative equity (-€107,221) and a net result of -€59,881.
Its solvency ranks better than 5% of 12,856 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WATCH ACCESSORIES
- What is the company number of WATCH ACCESSORIES?
- The company number of WATCH ACCESSORIES is 1004.811.122. The VAT number is the same number with BE in front: BE 1004.811.122.
- Where is WATCH ACCESSORIES based?
- The registered office is at Ernest Allardstraat 16, 1000 Brussels.Company details
- What does WATCH ACCESSORIES do?
- According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
- What is the legal form of WATCH ACCESSORIES?
- WATCH ACCESSORIES is a private limited company (BV).
- When was WATCH ACCESSORIES founded?
- WATCH ACCESSORIES was founded on 17-01-2024.
- Is WATCH ACCESSORIES still active?
- Yes, WATCH ACCESSORIES is an active enterprise in the KBO register.
- What is the turnover of WATCH ACCESSORIES?
- The turnover in financial year 2025 is ≈ €40,000. This figure is estimated from the gross margin of €3,753 and 50 comparable companies (NACE 477). It probably lies between €20,000 and €96,000. It is a rough estimate.Financials
- Is WATCH ACCESSORIES profitable?
- In financial year 2025, WATCH ACCESSORIES made a loss of €59,881.
- Where can I find the annual accounts of WATCH ACCESSORIES?
- WATCH ACCESSORIES filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WATCH ACCESSORIES due?
- WATCH ACCESSORIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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