Financials
- Financial year
- 2024
- Turnover
- €155,072
- Loss
- -€23,418
- Solvency
- -90.5%
Turnover▲ 47.5%
Net result
20192024
WATCH MIDI
ActiveSummary
The computed 12-month bankruptcy probability of WATCH MIDI is 17.7% (high). The 2024 annual accounts show negative equity (-€146,850) and a net result of -€23,418. Equity is shrinking by about 50% per year across the filed financial years. Its solvency ranks better than 9% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of household furniture
NACE 47551
1 site
Size
€155,072turnover 2024
- Staff
- ≈ 0 FTE, estimated
- Equity
- -€146,850
- Loss
- -€23,418
Structure
- LEPRE CAPRON LeoDirector
2025 accounts not filed, 92 days past the deadline4 of 11 deeds summarised
Why 13raises risk2 changes of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 122 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 30-11-2025)Liquidity: current ratio 0.52, cash €2,232, halvedShow the evidence
Checked score
Score 2024
13
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 20% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -90.5% of total assets
Liquidity
2-26
short-term debt 190.5% · cash 1.4%
Profitability
1+1
return on assets -14.4%
Bankruptcy probability, 12 months
17.7%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 8.0%
12-2024: 9.1%▲ +1.1 percentage points vs 11-2024
01-2025: 11.7%▲ +2.6 percentage points vs 12-2024
02-2025: 11.7%● unchanged vs 01-2025
03-2025: 11.9%▲ +0.2 percentage points vs 02-2025
04-2025: 10.7%▼ -1.2 percentage points vs 03-2025
05-2025: 10.6%▼ -0.1 percentage points vs 04-2025
06-2025: 10.4%▼ -0.2 percentage points vs 05-2025
07-2025: 10.4%● unchanged vs 06-2025
08-2025: 12.3%▲ +1.9 percentage points vs 07-2025
09-2025: 12.3%● unchanged vs 08-2025
10-2025: 12.3%● unchanged vs 09-2025
11-2025: 12.3%● unchanged vs 10-2025
12-2025: 5.7%▼ -6.6 percentage points vs 11-2025
01-2026: 5.7%● unchanged vs 12-2025
02-2026: 5.7%● unchanged vs 01-2026
03-2026: 5.7%● unchanged vs 02-2026
04-2026: 5.8%▲ +0.1 percentage points vs 03-2026
05-2026: 5.7%▼ -0.1 percentage points vs 04-2026
06-2026: 5.2%▼ -0.5 percentage points vs 05-2026
07-2026: 5.2%● unchanged vs 06-2026lowest value
08-2026: 9.2%▲ +4.0 percentage points vs 07-2026
09-2026: 10.0%▲ +0.8 percentage points vs 08-2026
10-2026: 17.7%▲ +7.7 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.52, compared with 0.26 in 2023, below 1; short-term debt: 190.5% and cash: 1.4% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 4% on liquidity, 13% on profitability and 55% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€146,850
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.
NBB · 7 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline31-10-2026 today
raises risk · 2024 accounts filed 122 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
122 days late
2023
486 days late
2022
329 days late
2021
364 days late
2020
324 days late
2019
217 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 307 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Appointment: LEPRE CAPRON Leo (director)Resignation: VIRGA Daniele (director) ·…
- Appointment: VIRGA Daniele (director)Resignation: TURAN Hakan (director) ·…
- Resignation: TURAN Enes (director)Appointment: TURAN Hakan (director) ·…
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€146,850 View
- Risk: 6 loss-making years in a rowloss financial year 2024 -€23,418 View
- Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
- Caution: Among the weakest 5% on equitysector median €39,278 · 25,624 companies -€146,850 View
- Caution: Board changedlatest change 29-09-2026 · 1 in office 1 joined · 3 left View
By topic
Board & ownership
- Board
- 1 member
- LEPRE CAPRON LeoDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 12
- Since
- 2018
- 30-11-2025Annual accounts filed
- 29-11-2025Annual accounts filed
- 19-11-2024Resignation: TURAN Hakan (director)
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Retail sale of household furnitureNACE 47551
- Founded
- 24-03-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about WATCH MIDI
- What is the company number of WATCH MIDI?
- 0673.476.245. In Belgium the VAT number is the company number with BE in front: BE 0673.476.245.
- Where is WATCH MIDI based?
- The registered office is at Waterloose Steenweg 511, 1050 Elsene.Company details
- What does WATCH MIDI do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of WATCH MIDI?
- Private limited company (pre-2019) (BVBA).
- When was WATCH MIDI founded?
- On 24-03-2017.
- Is WATCH MIDI still active?
- Yes, WATCH MIDI is an active enterprise in the KBO register.
- What is the turnover of WATCH MIDI?
- €155,072 in financial year 2024, according to the filed annual accounts.Financials
- Is WATCH MIDI profitable?
- In financial year 2024, WATCH MIDI made a loss of €23,418.
- Where can I find the annual accounts of WATCH MIDI?
- WATCH MIDI filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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