Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
THE SWATCH GROUP (BELGIUM) SA/NV from Anderlecht, company number BE0433487951, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year THE SWATCH GROUP (BELGIUM) SA/NV recorded revenue of € 33.1 million and equity of € 14.2 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 14.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 2.5 million
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 998,070 paid out
87 % of the profit went to the shareholders, mostly to The Swatch Group AG (100 % of the shares). That is where the money ends up.
People and assets in 2025
60.5
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.6 million
▲ 1% vs 2024
€ 92,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.4 million
▲ 48% 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.
€ 4.2 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 987,419
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,775,579 | € 33,911,660 | € 32,095,437 | € 33,149,887 | ▲ 3% |
| Profit after taxes | € 2,379,433 | € 1,249,339 | € 1,128,157 | € 1,144,290 | ▲ 1% |
| Equity | € 13,637,212 | € 13,875,347 | € 14,005,434 | € 14,151,655 | ▲ 1% |
| Total debts | € 4,370,631 | € 4,771,186 | € 5,832,735 | € 6,261,634 | ▲ 7% |
| Cash | € 3,757,238 | € 2,935,105 | € 2,851,822 | € 2,542,716 | ▼ 11% |
| Retained profit | € 11,875,008 | € 12,124,347 | € 12,254,434 | € 12,400,655 | ▲ 1% |
| Dividend | € 0 | € 1,000,000 | € 998,070 | € 998,070 | |
| Balance sheet total | € 18,063,800 | € 18,730,620 | € 19,958,656 | € 20,576,845 | ▲ 3% |
| Employees (FTE) | 68.2 | 64.3 | 63.1 | 60.5 | ▼ 2.6 |
Key figures of THE SWATCH GROUP (BELGIUM) SA/NV, 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 THE SWATCH GROUP (BELGIUM) SA/NV?
What happened at THE SWATCH GROUP (BELGIUM) SA/NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raynald Aeschlimann stepped down as director. NBB
- Thierry Kenel stepped down as director. NBB
- Mireille Koenig stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 1% vs 2024). Source: NBB ↗
- Raynald Aeschlimann became a director. NBB
- Thierry Kenel became a director. NBB
- Mireille Koenig became a director. NBB
- New establishment in Anderlecht. KBO
In short
From € 2.4 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
Paid out € 3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by The Swatch Group AG (100%) and Technocorp Holding SA (0%).
Directors
According to the 2025 annual accounts
Raynald Aeschlimann
Director
since 2022 · until 2028
since 2022 · until 2028
Mireille Koenig
Director
since 2022 · until 2028
Shareholders
The Swatch Group AG
100%
Technocorp Holding SA
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bergense Steenweg 1424
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
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€ 89.1 million revenue · 2025
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€ 4.7 million gross margin · 2025
MANUTAN
€ 59.3 million revenue · 2025
DAXISPHARMA
€ 7.1 million gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.487.951
- VAT number
- BE 0433.487.951
- Registered office
- Bergense Steenweg 1424, 1070 Anderlecht
- Names & denominations
- THE SWATCH GROUP (BELGIUM) SA/NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1988
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden
Groothandel in uurwerken en sieraden