WATTMAN
A bankruptcy procedure is open for WATTMAN according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-323k) and a net result of €1k.
| Equity | €-323k |
| Net result | €1k |
| Active | 21 yrs |
| Locations | 1 |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €1k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5k |
| Equity | €-323k |
| Debt | €328k |
| of which ≤ 1y | €243k |
| of which > 1y | - |
| Working capital | €-238k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -4829.7% |
| Solvency | -6557.6% |
| Debt / equity | -1.02 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 24.0% |
| ROE | -0.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €5 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5k |
| Equity | 10/15 | €-323k |
| Contributions / capital | 10/11 | €63k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-391k |
| Amounts payable | 17/49 | €328k |
| Amounts payable within one year | 42/48 | €243k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €2k |
| Operating result | 9901 | €1k |
| Financial charges | 65 | €59 |
| Result before taxes | 9903 | €1k |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | RONNY CEUSTERS GEMEENTESTRAAT 4 BUS 6,
2300 TURNHOUT |
24-12-2024 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 10-05-2005 |
| Status | Active |
| Postal code | 2300 |
| First BS signal | 02-01-2025 |
| Latest BS signal | 02-01-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0314/00A000 | Flanders | 2,736 m² | 1 · 1,244 m² | 15.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-07-2023 Registered office moved
Technical details
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"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": "Vennebosstraat 4, 2970 Schilde",
"city": "Schild\u0435",
"region": "vlaams_gewest",
"street": "Vennebosstraat",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "4",
"locality_suffix": "(SCH)"
},
"effective_date": "2023-05-15",
"evidence_quote": "",
"region_changed": false,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
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"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
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}
],
"notary": {
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},
"act_meta": {
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"pub_date": "2023-07-11",
"filing_date": "2023-06-28",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
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},
"subject_company": {
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"person_name": "Philippe Verschueren",
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},
"co_filed_documents": []
}27-03-2023 Registered office moved from Antwerpen to Schildе
- 2018 Antwerpen, Lange Lozanastraat 142 bus 2 → 2970 Schilde, Vennebosstraat 4
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "2970 Schilde, Vennebosstraat 4",
"city": "Schild\u0435",
"region": "vlaams_gewest",
"street": "Vennebosstraat",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "4",
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},
"old_address": {
"raw": "2018 Antwerpen, Lange Lozanastraat 142 bus 2",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Lange Lozanastraat",
"country": "BE",
"postcode": "2018",
"box_number": "2",
"street_number": "142",
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},
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"region_changed": false,
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"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
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}
],
"notary": {
"name": "Thierry RAES",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-27",
"filing_date": "2023-03-08",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-03-08",
"unanimous": true
},
"subject_company": {
"kbo": "0873.702.259",
"name_full": "BRAZZ",
"legal_form": "NV"
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"publication_proxy": {
"kind": "none",
"org_kbo": null,
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"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van onderhavige akte",
"verslag van de bestuurder",
"geco\u00F6rdineerde statuten"
]
}24-03-2023 3 directors appointed, 1 resigning
- Philippe Verschueren, Bestuurder
- Philippe Verschueren, Gedelegeerd bestuurder
- Philippe Verschueren, Dagelijks bestuur
- Ramesh Dusoruth, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Ramesh Dusoruth",
"address": "2018 Antwerpen, Lange Lozanastraat 142/2",
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"birth_place": null
},
"reason": "end_of_term",
"subkind": null,
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"evidence_quote": "",
"decharge_status": null,
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},
{
"kind": "director_in",
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"address": "2970 Schilde, Vennebosstraat 4",
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},
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"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2022-06-03",
"evidence_quote": "",
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"mandate_duration": {
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"effective_date_qualifier": "immediate"
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{
"kind": "director_in",
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{
"kind": "decharge_granted",
"role": "bestuurder",
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"name": "Ramesh Dusoruth",
"address": "2018 Antwerpen, Lange Lozanastraat 142/2",
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},
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"decharge_status": "granted",
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},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "dagelijks_bestuur",
"person": {
"rrn": null,
"name": "Philippe Verschueren",
"address": "2970 Schilde, Vennebosstraat 4",
"birth_date": null,
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},
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"effective_date_qualifier": "immediate"
},
{
"kind": "publication_proxy",
"role": null,
"person": {
"rrn": null,
"name": "Michael Eulaers",
"address": null,
"birth_date": null,
"profession": "Aangestelde",
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0418.806.804",
"name": "BV Fiduciaire Eulaers",
"address": "2500 Lier, Eeuwfeestlaan 56",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
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},
"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-24",
"filing_date": "2023-03-07",
"act_kind_objet": "Benoemingen"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-06-03",
"unanimous": null
},
{
"body": "raad_van_bestuur",
"date": "2022-06-03",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0873.702.259",
"name_full": "BRAZZ NV",
"legal_form": "NV"
},
"publication_proxy": {
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},
"co_filed_documents": [
"Volmacht aan accountant"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WATTMAN |