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 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 1 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
WATCH MIDI from Elsene, company number BE0673476245, closed financial year 2024 with a result of € -23,418 after tax. For that financial year WATCH MIDI recorded revenue of € 155,072 and equity of € -146,850. Compared with financial year 2023, the result moved from € -45,884 to € -23,418. 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 November 30, 2025.
€ -146,850
▼ € 23,418 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,418
▲ 49 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,232
▼ 77% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -159,250.
People and assets in 2024
€ 454
▼ 96% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 413
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 30,857
Loans from banks and other lenders, long and short.
€ 190,172
▲ 288% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,954
▼ 18% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 151,346 | € 100,286 | € 105,162 | € 155,072 | ▲ 47% |
| Gross margin | € -27,159 | € -19,157 | € -23,517 | € -19,687 | ▲ € 3,830 |
| Profit after taxes | € -33,788 | € -26,337 | € -45,884 | € -23,418 | ▲ € 22,466 |
| Equity | € -51,210 | € -77,547 | € -123,432 | € -146,850 | ▼ € 23,418 |
| Total debts | € 199,145 | € 298,087 | € 166,938 | € 309,090 | ▲ 85% |
| Cash | € 3,947 | € 4,440 | € 9,750 | € 2,232 | ▼ 77% |
| Retained profit | € -63,610 | € -89,947 | € -135,832 | € -159,250 | ▼ € 23,418 |
| Bank debt | € 0 | € 7,583 | € 0 | € 30,857 | |
| Balance sheet total | € 147,935 | € 220,540 | € 43,506 | € 162,240 | ▲ 273% |
Key figures of WATCH MIDI, 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 WATCH MIDI?
What happened at WATCH MIDI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 23,418. filed late Source: NBB ↗
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,788 loss in 2021 to € 23,418 loss in 2024.
A new publication or filing at WATCH MIDI? 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
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 511
1050 Elsene
Baraplein 18
1070 Anderlecht
Active since 1 March 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.476.245
- VAT number
- BE 0673.476.245
- Registered office
- Waterloose Steenweg 511, 1050 Elsene
- Names & denominations
- WATCH MIDI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2017
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels