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 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
THE WATCH COMPANY from Destelbergen, company number BE0656954076, closed financial year 2025 with a result of € -9,611 after tax. For that financial year THE WATCH COMPANY recorded a gross margin of € -9,141 and equity of € -40,469. Compared with financial year 2024, the result moved from € -20,912 to € -9,611. The company made a loss. 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 February 18, 2026.
€ -40,469
▼ € 9,611 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,611
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,471
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,069.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 79,880
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 49,228 | € -10,746 | € 5,132 | € -9,141 | ▼ € 14,273 |
| Profit after taxes | € 42,620 | € -16,437 | € -20,912 | € -9,611 | ▲ € 11,301 |
| Equity | € 6,491 | € -9,946 | € -30,858 | € -40,469 | ▼ € 9,611 |
| Total debts | € 104,752 | € 94,060 | € 86,744 | € 90,694 | ▲ 5% |
| Cash | € 19,772 | € 4,496 | € 6,920 | € 8,471 | ▲ 22% |
| Retained profit | € -12,109 | € -28,546 | € -49,458 | € -59,069 | ▼ € 9,611 |
| Balance sheet total | € 111,243 | € 84,114 | € 55,886 | € 50,225 | ▼ 10% |
Key figures of THE 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 30 January 2027.
What happened to THE WATCH COMPANY?
What happened at THE WATCH COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
THE WATCH COMPANY is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 9,611. filed late Source: NBB ↗
- Ponsar BV became a director. NBB
- New establishment in Destelbergen. KBO
- Roberto De Bokx became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,620 profit in 2023 to € 9,611 loss in 2025.
Best year ever: 2023, with € 42,620 profit.
A new publication or filing at THE WATCH COMPANY? We notify you, reason included.
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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 stake of PONSAR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE WATCH COMPANYBehind THE WATCH COMPANY are Ponsar BV and Roberto De Bokx. The shares are held by PONSAR (50%).
Establishments
Establishment units
Physical locations of this company
Koedreef 20
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0656.954.076
- VAT number
- BE 0656.954.076
- Registered office
- Koedreef 20, 9070 Destelbergen
- Names & denominations
- THE WATCH COMPANY · TWC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 24 June 2016
- Peppol
- Active · Active since 15 Apr 2026
- Contact
- uurwerkhersteller.be
- Activities · NACE
Detailhandel in uurwerken en sieraden