Equity
€83,158 from €415,443 in 2016
Equity fell by 80% in 9 years.
Cowatch
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €95,173 (2019)
€86,739▲ 0.2%
lowest -€18,851 (2008)
€54,537▲ 0.7%
peak €415,443 (2016)
€83,158▼ 6.2%
€94,844▼ 26.4%
peak 1.8 FTE (2019)
0 FTE
Board5 names since 2017
3 directors and 2 others
Owners4 names in the annual accounts
33.3% and 2 others
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Dividend €60,000Debts from €128,788 to €94,844Cash from €11,270 to €76,967
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as Cowatch has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for Cowatch. 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.
Credit verdict
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Signals
Board and ownership
Director, since 22-12-2022
Director, since 22-12-2022
Director, since 22-12-2022
- 33.3%equity €203,583 (2025) · 2025 annual accounts of
- 33.3%equity €206,098 (2025) · 2025 annual accounts of
- 33.3%equity €197,233 (2025) · 2025 annual accounts of
Recent changes
Registered office moved from Sprimont to Raeren
New registered office: Eynattener Strasse 20, 4730 RAEREN · Previous registered office: Avenue Bois le Comte 2C, 4140 SPRIMONT · Resignations: (director) and (director) · General meeting of 22-12-2022 · Gazette deed
Capital decrease of €113,500 to €61,500
Capital from €175,000 to €61,500 · Reappointment: (sole director) · Resignation: (director) · Gazette deed
Capital decrease of €325,000 to €175,000
Capital from €500,000 to €175,000 · Reappointments: (director) and (director) · Permanent representative: · General meeting of 27-12-2017 · Gazette deed
First establishment
Eynattener Strasse 20, Raeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Cowatch Raeren | €178,002 | €86,739 | 46.7% | 0 |
| CLEAN Services FV Holsbeek | €172,488 | €70,954 | 87.9% | 0 |
| GLOBALWORKLIFE Tremelo | €274,070 | €97,484 | 76.7% | 0 |
| PANTOPICON Hasselt | €173,661 | €77,117 | 71.0% | 0.4 |
| EUROPHARM Asse | €275,922 | €83,665 | 58.5% | 0 |
| WILLIBRORDUS Koksijde | €268,486 | €79,989 | 31.5% | 0 |
| NOREK Antwerp | €243,366 | €58,344 | 79.7% | 0 |
These companies have the same main activity as Cowatch: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €172,000 and €276,000, founded between 1992 and 2004.
Official details
Source: KBO- Status
- Active since 14-12-1998Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.276.678.7834730 Raeren, since 07-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €178,002▼ 18.1%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on Cowatch
Cowatch files the abbreviated format. That format states no turnover. The gross margin rose from €6,875 in 2006 to €86,739 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Cowatch
- What is the company number of Cowatch?
- The company number of Cowatch is 0464.839.638. The VAT number is the same number with BE in front: BE 0464.839.638.
- Where is Cowatch based?
- The registered office is at Eynattener Strasse 20, 4730 Raeren.Company details
- What does Cowatch do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Cowatch?
- Cowatch is a public limited company (NV).
- When was Cowatch founded?
- Cowatch was founded on 14-12-1998.
- Is Cowatch still active?
- Yes, Cowatch is an active enterprise in the KBO register.
- How many employees does Cowatch have?
- Cowatch had an average of 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Cowatch fall under?
- In its 2022 annual accounts, Cowatch states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Cowatch?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €86,739 and 47 comparable companies (NACE 70200). It probably lies between €130,000 and €290,000.
- Is Cowatch profitable?
- In financial year 2025, Cowatch made a profit of €54,537.
- Where can I find the annual accounts of Cowatch?
- Cowatch filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Cowatch due?
- Cowatch must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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