Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DWAALSTAD from Antwerpen, company number BE0404157824, closed financial year 2025 with a result of € 19,425 after tax. For that financial year DWAALSTAD recorded a gross margin of € 39,697 and equity of € -20,463. Compared with financial year 2024, the result moved from € -588 to € 19,425. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ -20,463
▲ € 19,425 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,425
▲ still € 588 loss in 2024
Profit after tax over the fiscal year.
€ 35,024
▲ 159% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -39,055.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,986
▲ € 1,582 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 111
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,450
▲ 113% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,317 | € -2,314 | € 3,088 | € 39,697 | ▲ € 36,609 |
| Profit after taxes | € 11,286 | € -65,506 | € -588 | € 19,425 | ▲ € 20,012 |
| Equity | € 26,206 | € -39,300 | € -39,887 | € -20,463 | ▲ € 19,425 |
| Total debts | € 58,970 | € 57,948 | € 56,347 | € 62,636 | ▲ 11% |
| Cash | € 8,936 | € 10,480 | € 13,518 | € 35,024 | ▲ 159% |
| Retained profit | € 7,614 | € -57,892 | € -58,479 | € -39,055 | ▲ € 19,424 |
| Balance sheet total | € 85,176 | € 18,649 | € 16,460 | € 42,173 | ▲ 156% |
Key figures of DWAALSTAD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DWAALSTAD?
What happened at DWAALSTAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,425. Source: NBB ↗
- Gregory Clerckx became a director. NBB
- InStyle Management BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,286 profit in 2022 to € 19,425 profit in 2025.
Best year ever: 2025, with € 19,425 profit.
Management
The stake of InStyle Stories comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DWAALSTADBehind DWAALSTAD are InStyle Management BV and Gregory Clerckx. The shares are held by InStyle Stories (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kristoffel Clerckx
Also active at: InStyle Stories, InStyle Studio, BK Concept
since 2020
Gregory Clerckx
Director
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Britselei 16
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.157.824
- VAT number
- BE 0404.157.824
- Registered office
- Britselei 16, 2000 Antwerpen
- Names & denominations
- DWAALSTAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1955
- Peppol
- Active · Active since 18 Mar 2026
- Contact
- instyle-immo.be [email protected]
- Activities · NACE
Detailhandel in uurwerken en sieraden
Gespecialiseerde detailhandel in uurwerken en sieradenhorloges en sieraden
Reparatie en onderhoud van uurwerken en sieraden
Reparatie van uurwerken, horloges en sieraden