Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Watertower TV Productions from Overijse, company number BE0537691289, closed financial year 2025 with a result of € -273,654 after tax. For that financial year Watertower TV Productions recorded a gross margin of € -249,747 and equity of € -219,346. Compared with financial year 2024, the result moved from € 19,677 to € -273,654. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ -219,346
▼ € 273,654 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -273,654
▼ still € 19,677 profit in 2024
Profit after tax over the fiscal year.
€ 9,098
▲ € 8,339 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -231,746.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,641
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73,528
▲ 20% vs 2024
€ 34,257 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 154,926
▲ € 154,586 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,489
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,823 | € 27,480 | € 43,458 | € -249,747 | ▼ € 293,205 |
| Profit after taxes | € 6,763 | € 11,358 | € 19,677 | € -273,654 | ▼ € 293,331 |
| Equity | € 23,273 | € 34,631 | € 54,308 | € -219,346 | ▼ € 273,654 |
| Total debts | € 41,942 | € 49,750 | € 106,343 | € 366,865 | ▲ 245% |
| Cash | - | - | € 759 | € 9,098 | ▲ € 8,339 |
| Retained profit | € 10,873 | € 22,231 | € 41,908 | € -231,746 | ▼ € 273,654 |
| Bank debt | € 0 | € 0 | € 61,168 | € 73,528 | ▲ 20% |
| Balance sheet total | € 65,215 | € 84,381 | € 160,651 | € 147,520 | ▼ 8% |
Key figures of Watertower TV Productions, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Watertower TV Productions?
What happened at Watertower TV Productions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 273,654 (▼ € 293,331 vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
- Gilles Simonet became a director. NBB
In short
From € 6,763 profit in 2022 to € 273,654 loss in 2025.
Paid € 29,334 in corporate taxes since 2022.
Best year ever: 2024, with € 19,677 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of 2FRAME comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Watertower TV ProductionsBehind Watertower TV Productions is Gilles Simonet. The shares are held by 2FRAME (99%).
Directors
According to the 2025 annual accounts
Gilles Simonet
Director
since 2013
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 120
3090 Overijse
Koning Leopold I-straat 18
3000 Leuven
Active since 24 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0537.691.289
- VAT number
- BE 0537.691.289
- Registered office
- Brusselsesteenweg 120, 3090 Overijse
- Names & denominations
- Watertower TV Productions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2013
- Peppol
- Active · Active since 12 Nov 2025
- Contact
- watertower.be +32 (0)478/41.52.02
- Activities · NACE
Productie van televisiefilms
Creatie van beeldende kunsten
Organisatie van congressen en beurzen
Activiteiten van reclamebureaus
Grafisch ontwerp en visuele communicatie
Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg
Activiteiten van grafische designers
Ondersteunende activiteiten voor scheppende kunsten
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