ACTIVE

WATCH LOUNGE

Financial year 2024 · Closed on 31/12/2024

Net result-27,1 k €-1 252,6 %over 1 year

Gross margin527,7 k €-14,3 %over 1 year

Equity1,7 M €-1,6 %over 1 year

Identity

Source · BCE/KBO

WATCH LOUNGE is a Public limited company incorporated in 2004. Its main activity is: Manufacture of watches and clocks. Its registered office is in Uccle.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0867.847.617
Incorporation: 14/10/2004
Legal form: Public limited company
Registered office: Parvis Saint-Pierre 14
1180 Uccle · BruxellesSee on map
Contributed capital: 137 500,00 €
Latest accounts: 31/12/2024

Activities (NACE)

26520Manufacture of watches and clocks· main 26520Manufacture of watches and clocks 33500Repair and installation of machinery and equipment 47770Retail sale of watches and jewellery in specialised stores 47770Retail sale of watches and jewellery in specialised stores 52484Warehousing and support activities for transportation+3

Joint committees (4)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2019
Income statement
Gross margin	527,7 k €	-14.3%	615,4 k €	+39.2%	442 k €	-21.2%	561,2 k €	-35.5%	870,7 k €
EBITDA	119,9 k €	-50.0%	239,6 k €	+67.2%	143,2 k €	-59.5%	354,1 k €	+286%	91,7 k €
Operating result	58 k €	-67.3%	177,6 k €	+81.1%	98,1 k €	-72.0%	349,8 k €	+302%	87,1 k €
Net result	-27,1 k €	-1253%	-2 k €	-105%	38,6 k €	-85.0%	257,3 k €	+463%	45,7 k €
Balance sheet
Equity	1,7 M €	-1.6%	1,7 M €	-0.1%	1,7 M €	+2.3%	1,6 M €	+30.6%	1,3 M €
Total assets	3,7 M €	-5.0%	3,9 M €	+2.4%	3,8 M €	+26.7%	3 M €	+10.9%	2,7 M €
Cash	16,1 k €	+63.4%	9,9 k €	+20.7%	8,2 k €	-95.6%	186,5 k €	+1200%	14,3 k €
Debts	2,1 M €	-7.3%	2,2 M €	+4.0%	2,1 M €	+55.9%	1,4 M €	-6.1%	1,5 M €
Other
Workforce	–		–		6,7 ETP	-9.5%	7,4 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 10 ended

Active mandates

Céline SOREL

Director · since 14 décembre 2010 · until 01 juin 2028

Active

Didier VERTESSEN

Director · since 14 décembre 2010 · until 01 juin 2028

Active

NATHALIE FRANSSEN

Director · since 14 octobre 2004 · until 01 juin 2028

Active

Umberto MIELE

Managing director · since 14 octobre 2004 · until 01 juin 2028

Active

Ended mandates

Céline SOREL

Director · since 14 décembre 2010

Ended

Didier VERTESSEN

Director · since 14 décembre 2010

Ended

Nathalie Franssen

Director · since 14 octobre 2004

Ended

Nathalie Franssens

Director · since 05 octobre 2004 · until 02 mars 2010

Ended

Other companies at this address

Parvis Saint-Pierre 14 1180 Uccle

Company	CBE no.
Association des copropriétaires à Uccle, Parvis Saint Pierre 14● Active	0794.965.775
Firma J. Vermeiren - Bogaerts● Active	0403.597.105
Omnium de la Coiffure● Liquidation	0403.136.156
Parfumerie Charles Laurent● Liquidation	0403.129.723

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2025	28/08/2024	05/10/2023	09/08/2022	30/08/2021	17/09/2020
General meeting	17/06/2025	18/06/2024	20/06/2023	03/06/2022	04/06/2021	04/03/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	17/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	18/06/2024	28/08/2024	French	PDF
Abridged model	31/12/2022	20/06/2023	05/10/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	09/08/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	04/03/2020	17/09/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	17/09/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	15/07/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	02/10/2015	06/10/2015	French	PDF
Abridged model	31/12/2013	08/10/2014	10/10/2014	French	PDF
Abridged model	31/12/2012	29/11/2013	12/12/2013	French	PDF
Abridged model	31/12/2011	10/10/2012	26/10/2012	French	PDF
Abridged model	31/12/2010	20/12/2011	22/12/2011	French	PDF
Abridged model	31/12/2009	06/07/2010	20/08/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	18/12/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	29/09/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	25/10/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan

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 31/12/2024

4 active · 10 ended

Active mandates

Céline SOREL

Director · since 14 décembre 2010 · until 01 juin 2028

Active

Didier VERTESSEN

Director · since 14 décembre 2010 · until 01 juin 2028

Active

NATHALIE FRANSSEN

Director · since 14 octobre 2004 · until 01 juin 2028

Active

Umberto MIELE

Managing director · since 14 octobre 2004 · until 01 juin 2028

Active

Ended mandates

Céline SOREL

Director · since 14 décembre 2010

Ended

Didier VERTESSEN

Director · since 14 décembre 2010

Ended

Nathalie Franssen

Director · since 14 octobre 2004

Ended

Nathalie Franssens

Director · since 05 octobre 2004 · until 02 mars 2010

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates15/02/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates30/09/2013
DEMISSIONS, NOMINATIONS
PDF
Other29/04/2010
ASSEMBLEE GENERALE
PDF
Capital / shares29/08/2008
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other22/10/2004
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.

See the Business plan

Timeline

2024
Annual accounts 2024-27,1 k €↓
2023
Annual accounts 2023-2 k €↓
2022
Annual accounts 202238,6 k €↓
2021
Annual accounts 2021257,3 k €↑
2019
Annual accounts 201945,7 k €↑
2018
Annual accounts 201819,7 k €↓
2017
Annual accounts 201724,7 k €↓
2016
Annual accounts 201690,5 k €↓
2015
Annual accounts 2015173,9 k €↓
2014
Annual accounts 2014382,8 k €↑
2013
Annual accounts 201316,9 k €↑
2012
Annual accounts 2012-8,5 k €↓
2011
Annual accounts 201136 k €↑
2010
Annual accounts 201017 k €↑
2009
Annual accounts 2009263 €↓
2008
Annual accounts 200820 k €↓
2007
Annual accounts 200721,1 k €↑
2006
Annual accounts 2006-23,3 k €
14/10/2004
IncorporationPublic limited company

WATCH LOUNGE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline