BEWATCH
ActiveSummary
BEWATCH has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €200,846 and a net result of €20,282. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 16% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-01-2016 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Other non-specialised retail sale NACE 47120
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2021
- Establishment unit
- 2.249.528.186 6600 Bastogne, since 08-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Board and ownership
Board
- LUTGEN Jean-PierreDirector
Shareholders
- Ice Holding Srlconsolidates· score 83annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
Annual accounts 2025
- Gross margin
- €796,458
- ▲ 153%
- Turnover
- ≈ €7.6m
- estimated
- Profit
- €20,282
- ▲ 731%
- Equity
- €200,846
- ▲ 11.2%
- Total assets
- €5.2m
- ▲ 18.6%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.25, cash €31,590, halvedLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSize: total assets €5.2mFigures for financial year 2025 (filed on 03-09-2026)Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 26% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency
29=
equity 3.8% of total assets
Liquidity
7-6
short-term debt 79.5% · cash 0.6%
Profitability
30+1
return on assets 0.4%
Bankruptcy probability within 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.4%▲ +0.1 percentage points vs 01-2025
03-2025: 0.3%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%▼ -0.4 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%▲ +0.6 percentage points vs 05-2026
07-2026: 1.0%▼ -0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.0%▼ -0.6 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (1.35 in 2024), below the usual 1.5. Short-term debt is 79.5% and cash 0.6% of total assets. 96.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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, small). It does better than 14% of them on solvency, 6% on liquidity, 16% on profitability and 67% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 12777 sector peers (2025).
NBB · sector comparisonPosition among 12777 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €200,846
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
38 days early
2021
16 days early
2020
24 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495612.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 10 filings
Turnover
≈ €7.6m
Estimated: probably between €6.0m and €10.0m
EBIT margin
Not included in this filing
Net result
€20,282▲ 731%
2024 · €2,439
Working capital
€1.0m▼ 9.1%
2024 · €1.1m
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€251,508
▼ 6.8%
2025
20182025
Net result
€20,282
▲ 731%
2025
middle half of the sector
20182025
Equity
€200,846
▲ 11.2%
2025
middle half of the sector
20182025
Total assets
€5.2m
▲ 18.6%
2025
highest quarter of the sector
20182025
Debt
€5.0m
▲ 18.9%
2025
20182025
Working capital
€1.0m
▼ 9.1%
2025
highest quarter of the sector
20182025
Solvency
3.8%
▼ 0.3pp
2025
lowest quarter of the sector
20182025
Current ratio
1.25
▼ 0.10
2025
middle half of the sector
20182025
Return on assets (ROA)
0.4%
▲ 0.3pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m--€0.09m€0.04m-€0.02m-€0.03m▼ 32.8%€0.08m€0.3m▲ 233%€0.3m▼ 6.8%
Net result€0.02m--€0.08m€0.05mwithin the sector's middle half-€0.02mbelow the sector's middle half-€0.03mbelow the sector's middle half▼ 34.5%€0.03mwithin the sector's middle half€0.002mwithin the sector's middle half▼ 92.2%€0.02mwithin the sector's middle half▲ 731%
Equity€0.2m-€0.2m▼ 33.1%€0.2mwithin the sector's middle half▲ 29.8%€0.2mwithin the sector's middle half▼ 11.3%€0.1mwithin the sector's middle half▼ 17.2%€0.2mwithin the sector's middle half▲ 21.2%€0.2mwithin the sector's middle half▲ 1.4%€0.2mwithin the sector's middle half▲ 11.2%
Total assets€0.5m-€0.5m▼ 13.5%€0.4mbelow the sector's middle half▼ 19.6%€0.2mbelow the sector's middle half▼ 50.0%€0.1mbelow the sector's middle half▼ 21.6%€3.5mabove the sector's middle half▲ 24×€4.4mabove the sector's middle half▲ 26.1%€5.2mabove the sector's middle half▲ 18.6%
Debt€0.3m-€0.3m▲ 1.1%€0.2m▼ 44.0%€0.01m▼ 94.3%€62▼ 99.4%€3.3m▲ 53,293×€4.2m▲ 27.4%€5.0m▲ 18.9%
Working capital€0.3m-€0.2m▼ 15.9%€0.2mwithin the sector's middle half▲ 1.0%€0.07mwithin the sector's middle half▼ 70.1%€0.06mwithin the sector's middle half▼ 15.5%€0.9mabove the sector's middle half▲ 14×€1.1mabove the sector's middle half▲ 32.3%€1.0mabove the sector's middle half▼ 9.1%
Solvency42.7%-33.0%▼ 9.7pp53.3%within the sector's middle half▲ 20.3pp94.6%above the sector's middle half▲ 41.3pp100.0%above the sector's middle half▲ 5.3pp5.1%below the sector's middle half▼ 94.9pp4.1%below the sector's middle half▼ 1.0pp3.8%below the sector's middle half▼ 0.3pp
Current ratio5.25-4.40▼ 0.8522.71above the sector's middle half▲ 18.3113.39above the sector's middle half▼ 9.321.34within the sector's middle half1.35within the sector's middle half▲ 0.021.25within the sector's middle half▼ 0.10
Return on assets (ROA)4.1%--16.4%▼ 20.4pp12.2%above the sector's middle half▲ 28.6pp-12.1%below the sector's middle half▼ 24.3pp-20.7%below the sector's middle half▼ 8.6pp0.9%within the sector's middle half▲ 21.6pp0.1%within the sector's middle half▼ 0.8pp0.4%within the sector's middle half▲ 0.3pp
Staff (FTE)1.8-1.6▼ 11.1%0.7below the sector's middle half▼ 56.3%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 7% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.2m
Fixed assets
€48,561 ▼ 38.8%
Current assets
€5.2m ▲ 19.6%
Equity and liabilities €5.2m
Equity
€200,846 ▲ 11.2%
Debt
€5.0m ▲ 18.9%
Debt's share of the balance-sheet total rises from 95.9% to 96.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€296,951▼
2024 · €311,670
Cash flow
€65,726▲
2024 · €44,148
Quick ratio
0.82▲
2024 · 0.77
Debt to equity
25.04▲
2024 · 23.43
ROE
10.1%▲
2024 · 1.4%
Interest coverage
1.28▲
2024 · 1.16
Debt ≤ 1 year
€4.2m▲
2024 · €3.2m
Debt > 1 year
€870,000▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €0 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,562 | - | €9,350 | - | - |
| Intangible fixed assets | - | - | €109,300 | €18,700 | €14,600 |
| Depreciation and write-downs of the year | €25,401 | €24,012 | €6,887 | €41,709 | €45,443 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,250 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,340 | €32,340 | €28,707 | €25,401 | €24,012 | €6,887 | €41,709 | €45,443 | ▲ 9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €496,763 | - |
| Other operating charges640/8 | - | - | - | €687 | €242 | €742 | €2,689 | €2,744 | ▲ 2.0% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €69 | - | - |
| Gross operating margin9900 | €129,407 | -€2,783 | €89,491 | €4,418 | -€4,535 | €88,790 | €314,428 | €796,458 | ▲ 153% |
| Operating profit (loss)9901 | €23,238 | -€85,374 | €42,887 | -€21,670 | -€28,788 | €81,161 | €269,961 | €251,508 | ▼ 6.8% |
| Financial income75/76B | - | - | - | €576 | - | €18 | €224 | €535 | ▲ 139% |
| Recurring financial income75 | €12,466 | €12,419 | €4,434 | €576 | - | €18 | €224 | €535 | ▲ 139% |
| Financial charges65/66B | - | - | - | €1,589 | €1,715 | €50,029 | €267,746 | €231,761 | ▼ 13.4% |
| Recurring financial charges65 | €4,610 | €3,980 | €1,396 | €1,589 | €1,715 | €50,029 | €267,746 | €231,761 | ▼ 13.4% |
| Profit (loss) for the period before taxes9903 | €31,094 | -€76,935 | €45,925 | -€22,683 | -€30,503 | €31,151 | €2,439 | €20,282 | ▲ 731% |
| Income taxes67/77 | €9,038 | -€572 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €22,056 | -€76,363 | €45,925 | -€22,683 | -€30,503 | €31,151 | €2,439 | €20,282 | ▲ 731% |
| Profit (loss) for the period to be appropriated9905 | €22,056 | -€76,363 | €45,925 | -€22,683 | -€30,503 | €31,151 | €2,439 | €20,282 | ▲ 731% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.5m | €0.4m | €0.2m | €0.1m | €3.5m | €4.4m | €5.2m | ▲ 18.6% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | €0.1m | €0.08m | €0.05m | ▼ 38.8% |
| Intangible fixed assets21 | - | - | - | - | - | €0.1m | €0.08m | €0.05m | ▼ 38.8% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | €0.009m | €0 | - | - |
| Land and buildings22 | - | - | - | €0.1m | €0.09m | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | - | - | €0.009m | €0 | - | - |
| Current assets29/58 | €0.3m | €0.3m | €0.2m | €0.08m | €0.06m | €3.4m | €4.3m | €5.2m | ▲ 19.6% |
| Stocks and contracts in progress3 | €0.2m | €0.1m | €0.1m | - | - | €0.4m | €1.9m | €1.8m | ▼ 5.1% |
| Stocks30/36 | - | - | - | - | - | €0.4m | €1.9m | €1.8m | ▼ 5.1% |
| Amounts receivable within one year40/41 | €0.001m | €0.01m | €0.06m | €0.002m | €0.001m | €2.4m | €2.4m | €3.4m | ▲ 41.7% |
| Trade receivables40 | - | - | - | €0.001m | €0.001m | €1.9m | €1.8m | €2.7m | ▲ 47.5% |
| Other amounts receivable41 | - | - | - | €0.001m | - | €0.5m | €0.5m | €0.7m | ▲ 22.0% |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.08m | €0.07m | €0.06m | €0.6m | €0.07m | €0.03m | ▼ 55.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.002m | €0.01m | €0.005m | ▼ 47.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.5m | €0.4m | €0.2m | €0.1m | €3.5m | €4.4m | €5.2m | ▲ 18.6% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 11.2% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.03m | -€0.05m | -€0.002m | -€0.02m | -€0.05m | -€0.02m | -€0.02m | -€0.001m | ▲ 96.1% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.2m | €0.01m | €62 | €3.3m | €4.2m | €5.0m | ▲ 18.9% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.004m | - | €0.8m | €1.0m | €0.9m | ▼ 14.7% |
| Financial debts170/4 | - | - | - | €0.004m | - | €0.8m | €1.0m | €0.9m | ▼ 14.7% |
| Amounts payable within one year42/48 | €0.07m | €0.07m | €0.01m | €0.006m | €62 | €2.5m | €3.2m | €4.2m | ▲ 29.7% |
| Financial debts43 | - | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Other loans439 | - | - | - | - | - | - | €0.01m | €0 | ▼ 100% |
| Trade debts44 | €0.04m | €0.05m | €0.004m | €0.006m | - | €2.2m | €2.8m | €3.6m | ▲ 31.5% |
| Suppliers440/4 | - | - | - | €0.006m | - | €2.2m | €2.8m | €3.6m | ▲ 31.5% |
| Taxes, remuneration and social security45 | - | - | - | - | €62 | €0.4m | €0.4m | €0.5m | ▲ 21.6% |
| Taxes450/3 | - | - | - | - | €62 | €0.4m | €0.4m | €0.5m | ▲ 21.6% |
| Other amounts payable47/48 | - | - | - | - | - | €0.007m | €0.005m | €0.003m | ▼ 45.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.02m | €0.004m | €242 | ▼ 93.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,056 | -€76,363 | €45,925 | -€22,683 | -€30,503 | €31,151 | €2,439 | €20,282 | ▲ 731% |
| + Depreciation and write-downs630 | €32,340 | €32,340 | €28,707 | €25,401 | €24,012 | €6,887 | €41,709 | €45,443 | ▲ 9.0% |
| Operating cash flow (approximation) | €54,396 | -€44,023 | €74,632 | €2,718 | -€6,491 | €38,037 | €44,148 | €65,726 | ▲ 48.9% |
| Investment in fixed assets (approximation) | - | €0 | €7,800 | -€7,562 | -€0 | -€31,100 | -€9,350 | -€14,600 | ▼ 56.1% |
| Change in cash | - | €88,384 | -€102,086 | -€9,119 | -€15,523 | €513,622 | -€501,453 | -€38,888 | ▲ 92.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,448 companies had the same profile as BEWATCH has now. Two years later, 95.6% were still going and 2.0% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
95.6%
was still going
2.1%
stopped otherwise
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BEWATCH itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,448 companies, not a prediction for BEWATCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00495612 | |
| 31-12-2024 | full format | 28-08-2025 | 2025-00439397 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00433382 | |
| 31-12-2022 | full format | 23-06-2023 | 2023-00158440 | |
| 31-12-2021 | abbreviated format | 15-07-2022 | 2022-20196262 | |
| 31-12-2020 | abbreviated format | 24-08-2021 | 2021-52900586 | |
| 31-12-2019 | abbreviated format | 08-10-2020 | 2020-60000046 | |
| 31-12-2018 | abbreviated format | 12-08-2019 | 2019-46900328 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-57500300 | |
| 31-12-2016 | micro format | 20-07-2017 | 2017-33700374 |
Board & ownership
Directors
Directors
1 director
LUTGEN Jean-Pierre
Current
Director · listed in the 2025 annual accounts, filed on 31-08-2026
Owners and capital
Shareholders
1 ownerChain of control
- Ice Holding Srl
- BEWATCH
Owners 1
- Ice Holding Srlconsolidating parentEquity €58.2m Loss of €27,373 in 2025 (profit of €218,532 in 2024) Checked score 83consolidates
Capital transactions
Capital over time
- 03-11-2023 Converted to unavailable equity
Articles of association
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Assemblée générale a pouvoir de dissoudre aux conditions énoncées par loi, désigne s'il y a lieu un ou plusieurs liquidateurs”
Articles of association, deed of 03-11-2023 (in French)
Network & group
Companies at the same address
9 other companies- Warehouse 44 Registered office · since 2023 0804957468
- ICE ECO-QUARTIER Registered office · since 2018 0698862531
- ICE HEALTH Registered office · since 2017 0676633396
- ICE PATRIMONIAL Registered office · since 2017 0674517808
- ICE LOUISE Registered office · since 2012 0846999446
- ICE Mc AULIFFE Registered office · since 2012 0844926022
- ICE HOLDING Registered office · since 2010 0830952973
- ICE SA Registered office · since 2010 0445215746
- ICE INTERNATIONAL Registered office · since 2002 0423890295
Connections & network
1 current directorThe network starts from the directors of BEWATCH. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
abbreviated format · 31 days late
22-05
Gazette deed
Registered office moved within BastogneNew seat: Rue de la Drève, 44 à 6600 BASTOGNE · Previous seat: Place Mc Auliffe 34 - 6600 Bastogne2 points ▸
Gazette deed
Registered office moved within Bastogne
New seat: Rue de la Drève, 44 à 6600 BASTOGNE · Previous seat: Place Mc Auliffe 34 - 6600 Bastogne2 points ▸
- Board meeting, “L'organne d'administration” (deed in French)
- Registered-office move, Rue de la Drève,44 à 6600 BASTOGNE
2025
31-12
Financial
Equity above €200,000equity €200,846 ▲11.2%
After 3 profitable years in a row, equity reaches €200,846.
28-08
full format · 28 days late
2024
30-08
full format · 30 days late
2023
31-12
Financial
Back to profitnet €31,151
The net result is €31,151, after 2 loss-making years.
31-12
Financial
Equity above €150,000equity €178,124 ▲21.2%
Equity rises from €146,974 to €178,124.
03-11
Gazette deed
Company renamed from ICE KNOKKE to BEWATCHAmendment of the articles · Capital conversion · Share issue9 points ▸
Gazette deed
Company renamed from ICE KNOKKE to BEWATCH
Amendment of the articles · Capital conversion · Share issue9 points ▸
- General meeting, 05-10-2023
- Other provision, “statuts non modifiés, non jamais été modifiés à ce jour” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Name change, BEWATCH
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Share issue, “même classe, mêmes droits et avantages” (deed in French)
- Registered office clause, “6600 Bastogne,place Mc Auliffe,34” (deed in French)
- General meeting, “adoptée à unanimité, confère tous pouvoirs au(x) administrateur(s) pour exécution des résolutions qui précèdent” (deed in French)
- Power of attorney
23-06
full format · 38 days before the deadline
28-02
Gazette deed
Registered office moved from Knokke-Heist to BastogneNew seat: 6600 Bastogne, place Mc Auliffe, 34 · Previous seat: Kustlaan, 11A, 8300 Knokke-Heist2 points ▸
Gazette deed
Registered office moved from Knokke-Heist to Bastogne
New seat: 6600 Bastogne, place Mc Auliffe, 34 · Previous seat: Kustlaan, 11A, 8300 Knokke-Heist2 points ▸
- General meeting, 01-02-2023
- Registered-office move, 6600 Bastogne, place Mc Auliffe, 34
2022
31-12
Financial
Liquidity more than 71 timescurrent ratio 954.67
The current ratio rises from 13.39 to 954.67. Short-term debt falls from €5,674 to €62.
15-07
abbreviated format · 16 days before the deadline
Show earlier events
2021
24-08
abbreviated format · 24 days late
2020
31-12
Financial
Back to profitnet €45,925
The net result is €45,925, after one loss-making year.
31-12
Financial
Liquidity more than 5 timescurrent ratio 22.71
The current ratio rises from 4.40 to 22.71. Short-term debt falls from €68,421 to €10,831.
31-12
Financial
Equity above €200,000equity €200,160 ▲29.8%
Equity rises from €154,235 to €200,160.
08-10
abbreviated format · 69 days late
2019
31-12
Financial
Weakest financial yearnet -€76,363
The net result drops to -€76,363, the lowest from 2018 to 2025. It recovers the following year.
12-08
abbreviated format · 12 days late
2018
31-08
abbreviated format · 31 days late
2017
20-07
micro format · 11 days before the deadline
2016
12-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BEWATCH in French
Former name
ICE KNOKKE until the act of 03-11-2023
Enterprise number
0645.774.629
Legal form
Private limited company
Status
Active, normale toestand
Founded
08-01-2016
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-11-2023 (in French)Registered office and establishments
Registered office
Rue de la Drève 44, 6600 Bastogne, Belgium
1 former office
- Kustlaan, 11A, 8300 Knokke-Heist until 01-02-2023 · act of 28-02-2023
Establishment unit
BEWATCH, Rue de la Drève 44, 6600 Bastogne since 08-01-2016 · unit number 2.249.528.186
Activities
NACEBEL 202547120
Other non-specialised retail sale main activity
Codes under NACEBEL 2008
47910
Retail trade main activity
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 2021
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 03-11-2023 (in French)
“Le commerce en ligne (e-commerce) et la vente à distance; Le commerce, l'importation, l'exportation, la location ou la mise à disposition de…”
13 activities
- Le commerce en ligne (e-commerce) et la vente à distance;
- Le commerce, l'importation, l'exportation, la location ou la mise à disposition de produits grand public, tels que le textile, le tissu et toutes matières ou matériaux utilisables dans I'habillement et le prêt à porter, les accessoires, la bijouterie de fantaisie, l'horlogerie, la maroquinerie, les articles de décoration, d'ambiance et les meubles domestiques ou de la maison;
- Ainsi que la confection, l'habillement de première ou seconde main, l'activité de tailleur, ...
- L'octroi de tous prêts, avances et garanties, ainsi que la réalisation de toutes opérations financières;
- L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d'achat, en pleine propriété ou non, l'exploitation et l'entretien de biens immobiliers, maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines, et de manière générale, ainsi que toutes opérations de financement.
- Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers, en tant que maître de l'ouvrage ou entrepreneur général, et effectuer, éventuellement aux biens immobiliers, des transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts; acheter tous matériaux, signer tous contrats d'entreprises qui seraient nécessaires.
- Elle peut acheter, exploiter et construire tant pour elle-même que pour des tiers, par location ou autrement, tous parkings, garages, station-service et d'entretien:
- La société a également pour objet l'importation, l'exportation, l'achat, la vente dans le monde entier de tous produits, matières et services divers de toutes les origines ainsi que développer l'activité de bureau intermédiaire commercial.
- A cet effet, la société peut ouvrir tous magasins de gros, de demi-gros ou de détail.
- La société a également pour objet, tant en Belgique qu'à l'étranger, pour compte propre ou pour compte de tiers, le cas échéant, dans le cadre d'un partenariat sous toutes formes, l'accomplissement de toutes activités en rapport direct ou indirect avec l'organisation de séminaires ou d'ateliers, d'évènements, manifestations ou expositions, en ce compris de biens meubles destinés à la vente, de divertissements ou de loisirs, en ce compris le conseil, le développement et la franchise.
- Elle pourra également dans le cadre de cet objet exercer toutes activités de relations publiques et de prospection de clientèles.
- Elle pourra s'intéresser par voie d'apports, de souscrip tion, de fusion ou de toute autre manière dans toutes sociétés, associations ou entreprises ayant un objet similaire ou connexe au sien ou susceptible de favoriser le développement de ses activités ou ayant avec elle un lien économique.
- La société peut également exercer les fonctions de gérant, d'adminis tra teur ou de liquidateur dans d'autres sociétés.
Invoicing and payment
VAT number
BE 0645.774.629
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 15:00
deed of 03-11-2023 (in French)Sites & property
Location
Buildings and parcels at the address
Ground area
1.8 ha
Building footprint
5,325 m²
Building volume
42,158 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 82003E1182/00K000 | Wallonia | 1.8 ha | 1 · 5,325 m² | 9.6 m · 3 |