Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MR WATCHLEY from Gent, company number BE0734840326, closed financial year 2025 with a result of € 118,932 after tax. For that financial year MR WATCHLEY recorded a gross margin of € 171,047 and equity of € 10,429. Compared with financial year 2024, the result moved from € 180,636 to € 118,932. The company is profitable. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 25, 2026.
€ 10,429
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,932
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 355,961
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 298,900 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 17,871
▼ 16% 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.
€ 2,654
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,067
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 214,285 | € 236,946 | € 253,025 | € 171,047 | ▼ 32% |
| Profit after taxes | € 133,948 | € 162,587 | € 180,636 | € 118,932 | ▼ 34% |
| Equity | € 10,033 | € 10,620 | € 190,397 | € 10,429 | ▼ 95% |
| Total debts | € 687,912 | € 643,583 | € 494,062 | € 783,612 | ▲ 59% |
| Cash | € 138,510 | € 283,231 | € 288,549 | € 355,961 | ▲ 23% |
| Retained profit | € 33 | € 620 | € 180,397 | € 429 | ▼ € 179,968 |
| Dividend | € 404,500 | € 162,000 | € 859 | € 298,900 | ▲ € 298,041 |
| Bank debt | € 98,720 | € 18,337 | € 14,221 | € 0 | ▼ 100% |
| Balance sheet total | € 697,945 | € 654,203 | € 684,459 | € 794,041 | ▲ 16% |
| Employees (FTE) | 0.6 | - | - | - |
Key figures of MR WATCHLEY, 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 MR WATCHLEY?
What happened at MR WATCHLEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,932 (▼ 34% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,948 profit in 2022 to € 118,932 profit in 2025.
Paid € 209,504 in corporate taxes since 2022.
Best year ever: 2024, with € 180,636 profit.
Paid out € 866,259 in dividends to the owners in total.
Management
Behind MR WATCHLEY is Maxime Vyncke.
Directors
According to the 2025 annual accounts
Maxime Vyncke
Director
Establishments
Establishment units
Physical locations of this company
Komijnstraat 16
9000 Gent
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
- 0734.840.326
- VAT number
- BE 0734.840.326
- Registered office
- Komijnstraat 16, 9000 Gent
- Names & denominations
- MR WATCHLEY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2019
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Groothandel in uurwerken en sieraden