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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Mat&Sons Watches from Ukkel, company number BE0658812320, closed financial year 2024 with a result of € -8,074 after tax. For that financial year Mat&Sons Watches recorded a gross margin of € -7,742 and equity of € -119,570. Compared with financial year 2023, the result moved from € -7,509 to € -8,074. 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 June 3, 2025.
€ -119,570
▼ € 8,074 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,074
▼ 8 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3,827
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -486,310.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 93,500
Supplier invoices still open on the last day of the fiscal year.
€ 399
▲ 4% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -101,617 | € -12,363 | € -6,123 | € -7,742 | ▼ € 1,619 |
| Profit after taxes | € -101,801 | € -14,191 | € -7,509 | € -8,074 | ▼ € 566 |
| Equity | € -89,795 | € -103,987 | € -111,495 | € -119,570 | ▼ € 8,074 |
| Total debts | € 311,278 | € 254,490 | € 275,793 | € 281,997 | ▲ 2% |
| Cash | - | € 193 | € 9,591 | € 3,827 | ▼ 60% |
| Retained profit | € -456,535 | € -470,727 | € -478,235 | € -486,310 | ▼ € 8,074 |
| Bank debt | € 6,875 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 221,483 | € 150,504 | € 164,298 | € 162,427 | ▼ 1% |
Key figures of Mat&Sons Watches, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Mat&Sons Watches?
What happened at Mat&Sons Watches in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 8,074. Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,801 loss in 2021 to € 8,074 loss in 2024.
Management
The stake of CLINIMETRICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Mat&Sons WatchesBehind Mat&Sons Watches are Mathieu BUYSE and MIKE BLAVIER. The shares are held by CLINIMETRICS (12.3%).
Directors
According to the 2024 annual accounts
Mathieu BUYSE
Director
MIKE BLAVIER
Director
Shareholders
12.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1377 box 2
1180 Ukkel
Waterloosesteenweg 1377
1180 Ukkel
Active since 7 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0658.812.320
- VAT number
- BE 0658.812.320
- Registered office
- Waterloosesteenweg 1377 bus 2, 1180 Ukkel
- Names & denominations
- Mat&Sons Watches
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2016
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
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