Watchtower
ActiveSummary
Watchtower has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,847 and a net result of €630. Its solvency ranks better than 15% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-06-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.346.898.964 2220 Heist-op-den-Berg, since 26-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-03-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €8,260
- ▲ 89.6%
- Turnover
- ≈ €38,000
- estimated
- Profit
- €630
- ▼ 71.6%
- Equity
- €5,847
- ▲ 12.1%
- Total assets
- €67,195
- ▲ 76.2%
Score breakdownraises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 0.94, cash €27,549Size: total assets €67,195Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 16% of them on solvency, 33% on liquidity, 33% on profitability and 59% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 2 accounts on average 14 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 60% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Intangible fixed assets | €8,212 | €5,043 |
| Depreciation and write-downs of the year | €1,316 | €2,371 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Watchtower: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €60,300 and €74,100, founded in 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Watchtower Heist-op-den-Berg | 2023 | €67,195 | €5,847 | €8,260 | €630 | 2025 |
| JBCO Antwerpen | 2023 | €74,055 | €64,510 | €8,381 | €7,611 | 2025 |
| Molenschot Consulting & Automotive Mol | 2023 | €60,348 | €29,463 | €9,733 | -€4,991 | 2025 |
| Second Circle Lint | 2023 | €69,695 | €54,817 | €10,008 | €9,189 | 2025 |
| JWBM Knokke-Heist | 2023 | €67,205 | €36,821 | €8,270 | €2,994 | 2025 |
| PlusValue SLV Namur | 2023 | €64,026 | €40,480 | €8,251 | €5,950 | 2025 |
| VANBOSS Torhout | 2023 | €68,252 | €55,083 | €9,110 | €6,368 | 2026 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,135 companies had the same profile as Watchtower has now. Two years later, 5.2% had gone bankrupt and 92.1% were still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Watchtower itself is lower: 0.1% within 12 months. It rests on far more data about Watchtower than the profile alone.
Test of the method
The method was tested on the 497,445 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 2,135 companies, not a prediction for Watchtower. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,316 | €2,371 | ▲ 80.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €4,600 | - |
| Other operating charges640/8 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €4,357 | €8,260 | ▲ 89.6% |
| Operating profit (loss)9901 | €2,924 | €1,170 | ▼ 60.0% |
| Financial income75/76B | €30 | €3 | ▼ 89.4% |
| Recurring financial income75 | €30 | €3 | ▼ 89.4% |
| Financial charges65/66B | €182 | €203 | ▲ 11.7% |
| Recurring financial charges65 | €182 | €203 | ▲ 11.7% |
| Profit (loss) for the period before taxes9903 | €2,772 | €969 | ▼ 65.0% |
| Income taxes67/77 | €554 | €340 | ▼ 38.7% |
| Profit (loss) for the period9904 | €2,217 | €630 | ▼ 71.6% |
| Profit (loss) for the period to be appropriated9905 | €2,217 | €630 | ▼ 71.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €38,141 | €67,195 | ▲ 76.2% |
| Fixed assets21/28 | €6,897 | €9,569 | ▲ 38.7% |
| Intangible fixed assets21 | €6,897 | €9,569 | ▲ 38.7% |
| Current assets29/58 | €31,244 | €57,626 | ▲ 84.4% |
| Amounts receivable within one year40/41 | €14,773 | €28,609 | ▲ 93.7% |
| Trade receivables40 | €10,954 | €24,984 | ▲ 128% |
| Other amounts receivable41 | €3,819 | €3,625 | ▼ 5.1% |
| Cash at bank and in hand54/58 | €15,420 | €27,549 | ▲ 78.7% |
| Deferred charges and accrued income490/1 | €1,051 | €1,468 | ▲ 39.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €38,141 | €67,195 | ▲ 76.2% |
| Equity10/15 | €5,217 | €5,847 | ▲ 12.1% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €2,217 | €2,847 | ▲ 28.4% |
| Distributable reserves133 | €2,217 | €2,847 | ▲ 28.4% |
| Amounts payable17/49 | €32,924 | €61,348 | ▲ 86.3% |
| Amounts payable within one year42/48 | €32,924 | €61,348 | ▲ 86.3% |
| Trade debts44 | €32,369 | €60,454 | ▲ 86.8% |
| Suppliers440/4 | €32,369 | €60,454 | ▲ 86.8% |
| Taxes, remuneration and social security45 | €554 | €894 | ▲ 61.3% |
| Taxes450/3 | €554 | €894 | ▲ 61.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,217 | €630 | ▼ 71.6% |
| + Depreciation and write-downs630 | €1,316 | €2,371 | ▲ 80.2% |
| Operating cash flow (approximation) | €3,533 | €3,000 | ▼ 15.1% |
| Investment in fixed assets (approximation) | - | -€5,043 | - |
| Change in cash | - | €12,129 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Board 2
Permanent representatives 2
Owners and capital
Shareholders
- VAN dEN BRANDEN Howard 50 shares (50%) · €1,500
- LAUWERS Joery 50 shares (50%) · €1,500
Capital transactions
- 28-06-2023 Incorporation · €3,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Gabagool |
|
| HWRD |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering bepaalt aantal, duur opdracht en bij meerdere bestuurders hun bevoegdheid”
Articles of association, deed of 28-06-2023 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
28-06
Gazette deed
IncorporationStarting capital €3,000 · Appointments: HWRD (director) and GABAGOOL (director) · Permanent representatives: VAN dEN BRANDEN Howard and LAUWERS Joery · Founder11 points ▸
- Incorporation, “Watchtower” (deed in Dutch)
- Founder, VAN dEN BRANDEN Howard
- Founder, LAUWERS Joery
- Founding capital, €3,000
- Bank account, 3000, “vennootschap in oprichting” (deed in Dutch)
- Other provision, “bevestiging deponering, plaatsgevonden overeenkomstig bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Director appointment, HWRD (director)
- Permanent representative, VAN dEN BRANDEN Howard
- Director appointment, GABAGOOL (director)
- Permanent representative, LAUWERS Joery
- Other provision, “kosten en verklaringen”, 1439.74 (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
20 activities
- Alle mogelijke advies- en/of dienstenfuncties
- Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, opleiding, technische expertise en bijstand
- Het uitoefenen van managementfuncties in diverse ondernemingen, het sluiten van consultingsovereenkomsten en het uitoefenen van consulting functies op onafhankelijke wijze
- Het verstrekken van managementadviezen, opleiding en het uitoefenen van consultancy-activiteiten in de meest ruime zin van het woord
- Het uitvoeren van administratieve werkzaamheden in de ruime zin van het woord
- Het geven van advies en verstekken van diensten met betrekking tot de organisatie en het beheer van bedrijven en ondernemingen, de vertegenwoordiging en het optreden als commercieel tussenpersoon
- Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, procesverbetering, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- Het beheer voor eigen rekening van al haar onroerende goederen of onroerende rechten, en meer bepaald de verhuur, de bevordering, de inrichting, de exploitatie, de omvorming, het onderhoud, de verkaveling, en/of de valorisatie van deze onroerende goederen of onroerende rechten. Ze mag eveneens een hypotheek vestigen op deze goederen. Ze mag in het algemeen elke handeling stellen die rechtstreeks of onrechtstreeks kadert in de omschrijving van haar doel.
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken, toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking, enz.)
- Het huren, verhuren, aan- en verkopen van onroerende goederen, het renoveren van onroerende goederen, het opbouwen van een onroerende patrimonium met inbegrip van onroerende zakelijke rechten
- Het verlenen van diensten en adviezen aan derden, dit zowel van organisatorische, financiële, commerciële, technische en administratieve aard
- Het uitoefenen van elke vorm van zakelijke dienstverlening en dit in de meest ruime zin van het woord
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke vennootschappen en ondernemingen
- Het nemen van participaties onder welke vorm dan ook, in alle vennootschappen en verenigingen, bestaande of nog op te richten, met burgerlijke, industriële, financiële, onroerende, commerciële of andere doeleinden; het beheer en de valorisatie van deze participaties
- De aankoop, verkoop, cessie en ruil van alle roerende waarden, aandelen, deelbewijzen, obligaties, overheidsfondsen, opties en alle andere roerende rechten
- Het optreden als bestuurder of vereffenaar van vennootschappen
- Haar patrimonium, bestaande uit onroerende en roerende goederen en rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke
- Bestuurder, zaakvoerder of andere mandaten of functies in vennootschappen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12322I0458/00H006 | Flanders | 236 m² | 1 · 75 m² | 10.4 m · 3 |