WATCH AND GOLD
ActiveWATCH AND GOLD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €182k and a net result of €18k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 6588 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+29
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 8.28 against 8.27 in 2023), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €182k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
28 d late
2022
3 d early
2021
60 d late
2020
59 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 153%
2023 · €7k
2018: €-7k
2019: €10k
2020: €-6k
2021: €-3k
2022: €3k
2023: €7k
2018 → 2024
Working capital
€182k▲ 11.5%
2023 · €163k
2018: €152k
2019: €162k
2020: €156k
2021: €153k
2022: €155k
2023: €163k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€156k-€153k▼ 2.2%€156k▲ 2.2%€163k▲ 4.7%€182k▲ 11.3%
Operating result€-6k-€-3k▲ 46.6%€4k€7k▲ 96.6%€22k▲ 191%
Net result€-6k-€-3k▲ 44.7%€3k€7k▲ 118%€18k▲ 153%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 191% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €207k
Fixed assets
€148▼ 66.7%
Current assets
€207k▲ 11.5%
Equity and liabilities €207k
Equity
€182k▲ 11.3%
Debt
€25k▲ 11.3%
The debt ratio stays at 12.1%.
Key figures and ratios
EBITDA
€22k▲
2023 · €8k
Cash flow
€19k▲
2023 · €8k
Solvency
87.9%=
2023 · 87.9%
Current ratio
8.28▲
2023 · 8.27
Quick ratio
1.13▲
2023 · 0.66
Debt / equity
0.14=
2023 · 0.14
ROE
10.1%▲
2023 · 4.5%
ROA
8.9%▲
2023 · 3.9%
Interest coverage
152.16▲
2023 · 41.28
Debt
€25k▲
2023 · €22k
Debt ≤ 1 year
€25k▲
2023 · €22k
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€186k€207k▲
Fixed assets21/28€444€148▼
Tangible fixed assets22/27€444€148▼
Plant, machinery and equipment23€444€148▼
Current assets29/58€185k€207k▲
Stocks and contracts in progress3€171k€178k▲
Stocks30/36€171k€178k▲
Amounts receivable within one year40/41€11k€245▼
Trade receivables40€11k€245▼
Cash at bank and in hand54/58€4k€28k▲
Deferred charges and accrued income490/1€30€32▲
Equity and liabilities
Total equity and liabilities10/49€186k€207k▲
Equity10/15€163k€182k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€155k€174k▲
Amounts payable17/49€22k€25k▲
Amounts payable within one year42/48€22k€25k▲
Trade debts44€1k€803▼
Suppliers440/4€1k€803▼
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€19k€20k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€296€296=
Other operating charges640/8€335€435▲
Gross operating margin9900€8k€22k▲
Operating profit (loss)9901€7k€22k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€188€145▼
Recurring financial charges65€188€145▼
Profit (loss) for the period before taxes9903€7k€22k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€7k€18k▲
Profit (loss) for the period to be appropriated9905€7k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€155k€174k▲
Profit (loss) brought forward from the previous period14P€148k€155k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €18k ▲153%
Operating result €22k, net result €18k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 59 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuidstraat 421000 BrusselGround area
26 m²
Building footprint
42 m²
Volume, LiDAR
598 m³
Parcel 21004A0609/00C000, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Watch and Gold
since 20092.176.644.663
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0609/00C000 | Brussels | 26 m² | 1 · 42 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
YEORI
BE 0426.349.147
Ukkel · Eq €182k
WATCHES NON STOP
BE 0806.366.344
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Guzana Concept
BE 0729.611.630
Ukkel · Eq €182k
DANDOIS MARIEN
BE 0875.220.607
Thuin · Eq €182k
GIS Company
BE 0728.525.428
Waterloo · Eq €183k
Of 2,006 companies in sector 47770 we hold annual accounts for 892. 700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2009
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
46480Wholesale trade
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.