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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BELGIAN WATCH COMPANY from Londerzeel, company number BE0457035195, closed financial year 2025 with a result of € 48,115 after tax. For that financial year BELGIAN WATCH COMPANY recorded a gross margin of € 62,849 and equity of € -25,240. Compared with financial year 2024, the result moved from € -49,168 to € 48,115. 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 October 15, 2026.
€ -25,240
▲ € 48,115 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,115
▲ still € 49,168 loss in 2024
Profit after tax over the fiscal year.
€ 16,840
▼ 2% 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 € -43,832.
People and assets in 2025
€ 32,051
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,000
Loans from banks and other lenders, long and short.
€ 77,972
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,176
▲ € 3,286 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 15,175 | € -42,331 | € 62,849 | ▲ € 105,180 |
| Profit after taxes | € 8,970 | € -49,168 | € 48,115 | ▲ € 97,283 |
| Equity | € -24,188 | € -73,355 | € -25,240 | ▲ € 48,115 |
| Total debts | € 1,491,318 | € 1,390,158 | € 1,284,861 | ▼ 8% |
| Cash | € 21,103 | € 17,128 | € 16,840 | ▼ 2% |
| Retained profit | € -42,780 | € -91,947 | € -43,832 | ▲ € 48,115 |
| Bank debt | € 50,000 | € 50,000 | € 50,000 | |
| Balance sheet total | € 1,467,130 | € 1,316,802 | € 1,259,621 | ▼ 4% |
Key figures of BELGIAN WATCH COMPANY, fiscal years 2023 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 BELGIAN WATCH COMPANY?
What happened at BELGIAN WATCH COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,115. filed late Source: NBB ↗
- New establishment in Londerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,970 profit in 2023 to € 48,115 profit in 2025.
Paid € 2,555 in corporate taxes since 2023.
Best year ever: 2025, with € 48,115 profit.
Management
Behind BELGIAN WATCH COMPANY are LORENZO VERSPECHT and WERNER VERSPECHT. WERNER VERSPECHT is also behind CARAT.
Directors
According to the 2025 annual accounts
LORENZO VERSPECHT
Director
Establishments
Establishment units
Physical locations of this company
Acacialaan 16
1840 Londerzeel
Kerkhofstraat 152
1840 Londerzeel
Active since 7 March 1996
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
- 0457.035.195
- VAT number
- BE 0457.035.195
- Registered office
- Acacialaan 16, 1840 Londerzeel
- Names & denominations
- BELGIAN WATCH COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1996
- Peppol
- Not registered
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in antiquiteiten
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
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