Financials
Financial year 2025
Cowatch from Raeren, company number BE0464839638, closed financial year 2025 with a result of € 54,537 after tax. For that financial year Cowatch recorded a gross margin of € 86,739 and equity of € 83,158. Compared with financial year 2024, the result moved from € 54,159 to € 54,537. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 83,158
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,537
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 76,967
▲ € 65,697 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,991
▲ € 1,567 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,237
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,587 | € 92,287 | € 86,581 | € 86,739 | |
| Profit after taxes | € -12,792 | € 61,234 | € 54,159 | € 54,537 | ▲ 1% |
| Equity | € 93,228 | € 94,463 | € 88,621 | € 83,158 | ▼ 6% |
| Total debts | € 117,262 | € 146,257 | € 128,788 | € 94,844 | ▼ 26% |
| Cash | - | € 113,217 | € 11,270 | € 76,967 | ▲ € 65,697 |
| Retained profit | € 31,728 | € 32,963 | € 27,121 | € 21,658 | ▼ 20% |
| Dividend | € 0 | € 60,000 | € 60,000 | € 60,000 | |
| Bank debt | € 0 | € 0 | € 6,667 | € 0 | ▼ 100% |
| Balance sheet total | € 210,491 | € 240,719 | € 217,409 | € 178,002 | ▼ 18% |
| Employees (FTE) | 0.7 | - | 0 | 0 |
Key figures of Cowatch, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cowatch?
What happened at Cowatch in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raphael RENSON stepped down as director. NBB
- Laurent RENSON stepped down as director. NBB
- Rachel RENSON stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 54,537 (▲ 1% vs 2024). Source: NBB ↗
- Raphael RENSON became a director. NBB
- Laurent RENSON became a director. NBB
- Rachel RENSON became a director. NBB
- New establishment in Raeren. KBO
In short
From € 12,792 loss in 2022 to € 54,537 profit in 2025.
Paid € 55,090 in corporate taxes since 2022.
Best year ever: 2023, with € 61,234 profit.
Paid out € 180,000 in dividends to the owners in total.
Management
The stake of BELAUCIOUS, SVASTI, FOODIEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CowatchThe shares are held by BELAUCIOUS (33.3%), SVASTI (33.3%) and FOODIEST (33.3%).
Directors
According to the 2025 annual accounts
Raphael RENSON
Director
Also active at: CONSERVERIE ET MOUTARDERIE BELGE, BJORN'S, BRING BACK, SVASTI, FOODPRINT
since 2022 · until 2028
Laurent RENSON
Director
since 2022 · until 2028
Rachel RENSON
Director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eynattener Strasse 20
4730 Raeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.839.638
- VAT number
- BE 0464.839.638
- Registered office
- Eynattener Strasse 20, 4730 Raeren
- Names & denominations
- Cowatch
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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