OPENING OF BANKRUPTCY

WATCHES NON STOP

Company — Opening of bankruptcy.

Financial year 2021 · Closed on 31/12/2021

Net result-601,6 €+80,1 %over 1 year
Gross margin1,8 k €-74,0 %over 1 year
Equity182 k €-0,3 %over 1 year

Identity

Source · BCE/KBO

WATCHES NON STOP is a Private company with limited liability incorporated in 2008. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Antwerpen.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0806.366.344
Incorporation
16/09/2008
Legal form
Private company with limited liability
Registered office
Hoveniersstraat 7
2018 Antwerpen · FlandreSee on map
Contributed capital
7 400,00 €
Latest accounts
31/12/2021
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20212020201920182017
Income statement
Gross margin1,8 k €7 k €205,2 k €95,5 k €53,1 k €
EBITDA1,5 k €5,2 k €182,3 k €64,5 k €33,5 k €
Operating result-532,8 €-1,5 k €175,6 k €57,8 k €25,5 k €
Net result-601,6 €-3 k €145,1 k €35 k €-17,1 k €
Balance sheet
Equity182 k €182,6 k €185,7 k €90,6 k €68 k €
Total assets305,4 k €296,8 k €481,8 k €148,9 k €129,7 k €
Cash87 k €89 k €269 k €1 k €34,2 k €
Debts123,4 k €114,1 k €296,1 k €45,9 k €61,7 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 2 ended

Active mandates

Binyamin Mazola

Director

Active

Ended mandates

BINYAMIN MAZOLA

Manager

Ended
GABRIEL MAZOLA

Manager

Ended

Other companies at this address

Hoveniersstraat 7 2018 Antwerpen
CompanyCBE no.
La Mazola's● Active
0781.842.566

Full financial information

Source · NBB
202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/10/202228/10/202231/08/202131/10/201928/09/201807/12/2017
General meeting29/07/202229/07/202231/08/202130/06/201930/06/201830/06/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202129/07/202228/10/2022DutchPDF
Micro model31/12/202029/07/202228/10/2022DutchPDF
Micro model31/12/201931/08/202131/08/2021DutchPDF
Micro model31/12/201830/06/201931/10/2019DutchPDF
Micro model31/12/201730/06/201828/09/2018DutchPDF
Micro model31/12/201630/06/201707/12/2017DutchPDF
Abridged model31/12/201530/06/201629/09/2016DutchPDF
Abridged model31/12/201430/06/201528/12/2015FrenchPDF
Abridged model31/12/201330/06/201406/07/2014FrenchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201130/06/201223/10/2012DutchPDF
Abridged model31/12/201030/06/201131/08/2011FrenchPDF
Abridged model31/12/200930/06/201002/03/2011FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 2 ended

Active mandates

Binyamin Mazola

Director

Active

Ended mandates

BINYAMIN MAZOLA

Manager

Ended
GABRIEL MAZOLA

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/12/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/09/2011
    SIEGE SOCIAL
    PDF
  • Registered office23/06/2010
    SIEGE SOCIAL
    PDF
  • Other18/09/2008
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2021
    Annual accounts 2021-601,6 €↑
  2. 2020
    Annual accounts 2020-3 k €↓
  3. 2019
    Annual accounts 2019145,1 k €↑
  4. 2018
    Annual accounts 201835 k €↑
  5. 2017
    Annual accounts 2017-17,1 k €↓
  6. 2016
    Annual accounts 201649,3 k €↑
  7. 2015
    Annual accounts 201521,5 k €↑
  8. 2014
    Annual accounts 20142,9 k €↓
  9. 2013
    Annual accounts 201327,2 k €↑
  10. 2012
    Annual accounts 201218,8 k €↑
  11. 2011
    Annual accounts 2011-99,4 €↑
  12. 2010
    Annual accounts 2010-3,7 k €↑
  13. 2009
    Annual accounts 2009-8,1 k €
  14. 16/09/2008
    IncorporationPrivate company with limited liability