Equity
-€36,880
Debts exceed assets in financial year 2024.
Watson
Lifetime
2 annual accounts with figures on one time axispeak €4,604 (2024)
€4,604▲ 165%
lowest -€34,099 (2023)
-€19,022▲ €15,078
peak -€17,858 (2023)
-€36,880▼ €19,022
€142,461▼ 5.9%
Board1 name since 2016
1 director
Documentsfilings and deeds
17-08-202517 days late
2024micro format
Gross margin from €1,737 to €4,604Loss of €19,022Change of role: , from manager to director 30-05Equity from -€17,858 to -€36,880Cash from €7,721 to €10,922
Key points
from the 2024 annual accountsLosses
-€53,121 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
Turnover
≈ €35,000 estimated
The micro format states no turnover.
Debts
€142,461 135% of the balance sheet
Suppliers 96%Taxes and wages 4%
Starting capital
€500 100 shares
Position in the sector
-€36,880
Less equity than 94% of companies in employment activities. Sector median €58,562 · 981 companies.
2025 accounts not filed, 105 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as Watson has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for Watson. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- hoofdelijk aansprakelijk vennootdeed of 30-11-2016
- limited partnerdeed of 30-11-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0666485119
Change of role: , from manager to director
General meeting of 19-12-2023 · Gazette deed
Incorporation
Founding capital of €500, 100 shares · Founders: and · Appointment: (manager) · published on 30-11-2016 · Gazette deed
First establishment
Jean Laroystraat 100, Halle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Watson Halle | €105,581 | €4,604 | -34.9% | - |
| OM SERVICES - AFTER WILL Profondeville | €133,197 | €8,050 | 82.5% | - |
| FW INVEST Brussels | €142,007 | €10,165 | 44.9% | - |
| I.B. CONSULT Brasschaat | €59,133 | €8,163 | 80.0% | 0 |
| NITRO 44 Schaerbeek | €83,467 | €11,109 | 71.1% | - |
| Robansé Projects Schoten | €140,353 | €15,143 | 69.2% | - |
| ASD Asse | €77,319 | €24,351 | 96.7% | - |
These companies have the same main activity as Watson: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €59,100 and €142,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 18-11-2016Normal situation
- Activity
- Temporary employment agencies and other provision of personnelNACE 78200and 1 other
- Establishment unit
- 2.259.392.1951500 Halle, since 18-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on Watson
The 2024 annual accounts show negative equity (-€36,880) and a net result of -€19,022. Its solvency ranks better than 9% of 980 sector peers (NACE 78, financial year 2024).
The company has been active since 2016 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 Watson
- What is the company number of Watson?
- The company number of Watson is 0666.485.119. The VAT number is the same number with BE in front: BE 0666.485.119.
- Where is Watson based?
- The registered office is at Jean Laroystraat 100, 1500 Halle.Company details
- What does Watson do?
- According to the KBO register, the main activity is temporary employment agencies and other provision of personnel (NACE 78200).
- What is the legal form of Watson?
- Watson is a private limited company (BV).
- When was Watson founded?
- Watson was founded on 18-11-2016.
- Is Watson still active?
- Yes, Watson is an active enterprise in the KBO register.
- What is the turnover of Watson?
- The turnover in financial year 2024 is ≈ €35,000. This figure is estimated from the gross margin of €4,604 and 6,298 comparable companies of the same size. It probably lies between €16,000 and €84,000. It is a rough estimate.Financials
- Is Watson profitable?
- In financial year 2024, Watson made a loss of €19,022.
- Where can I find the annual accounts of Watson?
- Watson filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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