Clock Wise
ActiveFrom the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Clock Wise has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325,406 and a net result of €261,176. Equity remains stable across the filed financial years (±1.2% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 11-06-1999 Normal situation
- Legal form
- Public limited company
- Registered office
- Kokstraat 9, 3090 Overijse
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.092.734.121 3090 Overijse, since 04-11-1999
- Financial year end
- 30 June
- Peppol
- Reachable since 16-01-2026
Who decides
- COENEN Jean-LucManaging director
- COENEN JonathanManaging director
- COENEN LudovicManaging director
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €389,296
- ▲ 13×
- Turnover
- ≈ €920,000
- estimated
- Profit
- €261,176
- Equity
- €325,406
- ▲ 407%
- Total assets
- €817,480
- ▲ 192%
Why 95raises riskLiquidity: current ratio 0.04, cash €18,207lowers riskSize: total assets €817,480No main activity registeredLegal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 38% on solvency, 13% on liquidity, 90% on profitability and 98% on growth.
The bankruptcy probability was computed on 31-10-2026 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
This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 30-12-2025
- Format
- abbreviated format
- Reference
- 2026-00001469
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is nearly 36 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,216 | €19,376 | €18,416 | €15,693 | €15,557 | €14,723 | €20,247 | ▲ 37.5% |
| Other operating charges640/8 | - | - | - | €2,564 | €2,520 | €4,152 | €6,686 | ▲ 61.0% |
| Gross operating margin9900 | €25,498 | €12,901 | €27,568 | €23,668 | €29,272 | €29,028 | €389,296 | ▲ 13× |
| Operating profit (loss)9901 | €5,780 | -€8,385 | €6,870 | €5,411 | €11,196 | €10,152 | €362,363 | ▲ 36× |
| Recurring financial income75 | €0 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €2,774 | €12,090 | €20,068 | €18,988 | ▼ 5.4% |
| Recurring financial charges65 | €3,101 | €1,908 | €2,992 | €2,774 | €12,090 | €20,068 | €18,988 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | -€7,321 | -€10,293 | €3,878 | €2,637 | -€894 | -€9,916 | €343,376 | - |
| Income taxes67/77 | €35 | - | - | - | - | - | €82,200 | - |
| Profit (loss) for the period9904 | -€7,356 | -€10,293 | €3,878 | €2,637 | -€894 | -€9,916 | €261,176 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,356 | -€10,293 | €3,878 | €2,637 | -€894 | -€9,916 | €261,176 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €358,319 | €351,798 | €316,711 | €327,455 | €310,778 | €279,743 | €817,480 | ▲ 192% |
| Fixed assets21/28 | €310,648 | €296,272 | €277,856 | €262,163 | €253,428 | €239,146 | €799,272 | ▲ 234% |
| Tangible fixed assets22/27 | €307,648 | €293,272 | €274,856 | €259,163 | €250,428 | €236,146 | €799,272 | ▲ 238% |
| Land and buildings22 | - | - | - | €254,425 | €241,513 | €228,600 | €793,645 | ▲ 247% |
| Other tangible fixed assets26 | - | - | - | €4,738 | €8,915 | €7,546 | €5,627 | ▼ 25.4% |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | €0 | ▼ 100% |
| Current assets29/58 | €47,671 | €55,526 | €38,855 | €65,292 | €57,350 | €40,597 | €18,207 | ▼ 55.2% |
| Amounts receivable within one year40/41 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | €40,000 | - | - |
| Trade receivables40 | - | - | - | - | - | €10,000 | - | - |
| Other amounts receivable41 | - | - | - | €30,000 | €30,000 | €30,000 | - | - |
| Cash at bank and in hand54/58 | €17,671 | €25,526 | €8,855 | €7,942 | - | €597 | €18,207 | ▲ 30× |
| Deferred charges and accrued income490/1 | - | - | - | €27,350 | €27,350 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €358,319 | €351,798 | €316,711 | €327,455 | €310,778 | €279,743 | €817,480 | ▲ 192% |
| Equity10/15 | €78,818 | €68,525 | €72,403 | €75,040 | €74,146 | €64,230 | €325,406 | ▲ 407% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | - | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | - | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €10,644 | €351 | €4,230 | €6,867 | €5,973 | -€3,943 | €257,233 | - |
| Provisions and deferred taxes16 | €89,300 | €75,500 | €60,550 | €46,750 | €35,250 | €23,750 | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €46,750 | €35,250 | €23,750 | - | - |
| Other liabilities and charges164/5 | - | - | - | €46,750 | €35,250 | €23,750 | - | - |
| Amounts payable17/49 | €190,201 | €207,774 | €183,758 | €205,665 | €201,382 | €191,762 | €492,073 | ▲ 157% |
| Amounts payable after more than one year17 | €22,287 | €22,287 | €10,287 | €5,037 | - | - | - | - |
| Financial debts170/4 | - | - | - | €5,037 | - | - | - | - |
| Amounts payable within one year42/48 | €167,914 | €185,486 | €173,471 | €200,628 | €201,382 | €191,762 | €492,073 | ▲ 157% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,250 | €4,731 | - | - | - |
| Financial debts43 | - | - | - | €2 | €895 | €2 | €2 | = |
| Credit institutions430/8 | - | - | - | €2 | €895 | €2 | €2 | = |
| Trade debts44 | - | €32 | €269 | €27,103 | €17,653 | €558 | €998 | ▲ 78.7% |
| Suppliers440/4 | - | - | - | €27,103 | €17,653 | €558 | €998 | ▲ 78.7% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €82,200 | - |
| Taxes450/3 | - | - | - | - | - | - | €82,200 | - |
| Other amounts payable47/48 | - | - | - | €168,273 | €178,103 | €191,202 | €408,873 | ▲ 114% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,356 | -€10,293 | €3,878 | €2,637 | -€894 | -€9,916 | €261,176 | - |
| + Depreciation and write-downs630 | €19,216 | €19,376 | €18,416 | €15,693 | €15,557 | €14,723 | €20,247 | ▲ 37.5% |
| Operating cash flow (approximation) | €11,861 | €9,083 | €22,294 | €18,330 | €14,663 | €4,808 | €281,422 | ▲ 59× |
| Investment in fixed assets (approximation) | - | -€5,000 | €0 | €0 | -€6,821 | -€441 | -€580,373 | ▼ 131,513% |
| Change in cash | - | €7,855 | -€16,671 | -€912 | - | - | €17,610 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-12-2025 | 2026-00001469 | |
| 30-06-2024 | abbreviated format | 20-12-2024 | 2024-00625947 | |
| 30-06-2023 | abbreviated format | 03-01-2024 | 2024-00545845 | |
| 30-06-2022 | full format | 21-12-2022 | 2022-20545872 | |
| 30-06-2021 | micro format | 31-12-2021 | 2021-82500001 | |
| 30-06-2020 | micro format | 06-01-2021 | 2021-00500228 | |
| 30-06-2019 | micro format | 26-12-2019 | 2019-78000471 | |
| 30-06-2018 | micro format | 30-01-2019 | 2019-04100092 | |
| 30-06-2017 | micro format | 20-02-2018 | 2018-05200320 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03600230 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 3
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| COENEN Jean-Luc |
|
| COENEN Jonathan |
|
| COENEN Ludovic |
|
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, minimum aantal door wet voorgeschreven”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Geld of effecten natura, wijze van vereffening”
Articles of association, deed of 02-10-2023 (in Dutch)
Owners and capital
Capital and shareholders
- 02-10-2023 Capital stated in the deed · €61,973.38 · 500 shares
Shares according to the articles of association
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met respectieve rechten, omzetting aandelen op naam op elk ogenblik op kosten…”
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Op naam of gedematerialiseerd, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met respectieve rechten”Other provision: “Plaats in oproepingsbrief,bij gebrek zetel, Bijeenroeping raad van bestuur”Other provision: “Elke bestuurder kan aan collega volmacht voor bepaalde raad tot vertegenwoordiging en stemming,schriftelijk of wijze met materieel…”Other provision: “Gedelegeerd bestuurder, dagelijks bestuur”Other provision: “Controle van de vennootschap, één of meer commissarissen”Other provision: “Toelating tot de algemene vergadering, rechten mogen niet geschorst zijn”Other provision: “Vertegenwoordiging op de algemene vergadering, elke eigenaar van effecten door gevolmachtigde”Other provision: “Elke aandeelhouder, stemming per brief”Other provision: “Schriftelijke algemene vergadering, besluiten bij authentieke akte”Other provision: “Rechtbanken van de zetel, geschillen vennootschapsaangelegenheden”Other provision: “Toepasselijkheid Wetboek van vennootschappen en verenigingen, geacht niet geschreven”10 more provisions in the deed, see the deed of 02-10-2023
Articles of association, deed of 02-10-2023 (in Dutch)
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
02-10
Gazette deed
Resignations: COENEN Jean-Luc, COENEN Jonathan and COENEN LudovicReappointments: COENEN Jean-Luc, COENEN Jonathan and COENEN Ludovic · Appointments: COENEN Jean-Luc, COENEN Jonathan and COENEN Ludovic · Capital16 facts ▸
- Other provision, “Vertaling statuten ingevolge zetelverplaatsing en aanpassing statuten aan WVV” (deed in Dutch)
- Other provision, “Elektronisch aandelenregister en effectenregister” (deed in Dutch)
- Other provision, “Aanneming volledig nieuwe statuten in overeenstemming met WVV zonder wijziging voorwerp” (deed in Dutch)
- Capital, €61,973.38
- General meeting, “buitengewone algemene vergadering der aandeelhouders, besloten vennootschap” (deed in Dutch)
- Director resignation, COENEN Jean-Luc (director)
- Director resignation, COENEN Jonathan (director)
- Director resignation, COENEN Ludovic (director)
- Director reappointment, COENEN Jean-Luc (director (not named in the articles))
- Director reappointment, COENEN Jonathan (director (not named in the articles))
- Director reappointment, COENEN Ludovic (director (not named in the articles))
- Director appointment, COENEN Jean-Luc (managing director)
- +4 further facts in this act
11-08
Gazette deed
Registered officeRegistered-office move · Power of attorney5 facts ▸
- General meeting, “extraordinaire, ordre du jour,point par point” (deed in French)
- Registered-office move, 1428 Lillois (Braine-l'Alleud),Rue du Baty 30
- Other provision, “non-adaptation statuts Code des sociétés et associations” (deed in French)
- Registered-office move, 3090 Overijse,Kokstraat
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CLOCK WISE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of December at 15:00
Articles of association, deed of 02-10-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23544D0322/00N004 | Flanders | 4,841 m² | 1 · 224 m² | 11.4 m · 1 |
| 23542F0557/00G000 | Flanders | 1,532 m² | 1 · 149 m² | 9.8 m · 2 |