Bankrupt · Opening faillissement (CBE)

WATCHERR

BE0657749278

Rechtspersoon Public limited company 1 establishment

WATCHERR is a shop in Aalst. Public Limited, started on 28 June 2016, 1 establishment.

Ninovesteenweg 198 box 32, 9320 Aalst

Behind the company: NS General Consulting BV, Angelwise Beheer, Manaru BV, Martine De Wannemaeker+5.

Start date

28 June 2016

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 16 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    27 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

WATCHERR from Aalst, company number BE0657749278, closed financial year 2023 with a result of € -2.4 million after tax. For that financial year WATCHERR recorded revenue of € 302,665 and equity of € 791,141. Compared with financial year 2022, the result moved from € -1.1 million to € -2.4 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2024.

What it is worth Healthy

€ 791,141

▼ 4% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.4 million

▼ 125 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 20,525

▼ 93% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5.3 million.

People and assets in 2023

Wage cost

€ 230,118

▲ 62% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,309

▼ 22% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 4 years to go

€ 2 million

▼ 22% vs 2022

€ 506,017 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 250,237

▼ 35% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 42,913

▲ 17% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue - - € 302,665
Gross margin € -842,623 € -19,128 € -1,088,206 ▼ € 1.1 million
Profit after taxes € -1,432,297 € -1,050,235 € -2,358,369 ▼ € 1.3 million
Equity € -162,683 € 824,678 € 791,141 ▼ 4%
Total debts € 3,926,860 € 2,991,357 € 2,295,176 ▼ 23%
Cash € 871,000 € 304,904 € 20,525 ▼ 93%
Retained profit € -1,892,682 € -2,942,917 € -5,301,285 ▼ € 2.4 million
Bank debt € 3,246,980 € 2,556,109 € 1,996,931 ▼ 22%
Balance sheet total € 3,764,177 € 3,816,035 € 3,086,317 ▼ 19%

Key figures of WATCHERR, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to WATCHERR?

What happened at WATCHERR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

WATCHERR is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 2.4 million. Source: NBB ↗
  • NS General Consulting BV became a director. NBB
  • Angelwise Beheer became a director. NBB
  • Manaru BV became a director. NBB
  • Martine De Wannemaeker became a director. NBB
  • Kurt Keirsmakers became a director. NBB
  • Joost Ham became a director. NBB
  • Excelated BV became a director. NBB

In short

From € 1.4 million loss in 2021 to € 2.4 million loss in 2023.

Paid € 5,359 in corporate taxes since 2021.

Management

The stake of NS General Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WATCHERR

Behind WATCHERR are NS General Consulting BV, Angelwise Beheer, Manaru BV, Martine De Wannemaeker, Kurt Keirsmakers and Joost Ham. The shares are held by NS General Consulting.

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Directors

According to the 2023 annual accounts

NS General Consulting BV

Director · represented by Nikolai Stevens

since 2024

Angelwise Beheer

Director · represented by Marc Mommaerts

Also active at: QOLLABI, CIKISI, PERFECT-ID, ACCURAT, ANGELWISE, Sealution Group, Pleevi

since 2024

Manaru BV

Director · represented by Erik Horemans

Also active at: Genexis Belgium

since 2024

Martine De Wannemaeker

Director

since 2024

Kurt Keirsmakers

Director

Also active at: MIVAS, Gezinszorg Villers, CO-OPERA, Diensten Villers, Liquisens

since 2024

Joost Ham

Director

Also active at: HOME STUYVENBERG, DE ZWALUW, 'S HEERENVELD, LEVANTO, CURA CONSTRUCT, CuraBel, CuraCare, Cura Estate +5 more

since 2024

Excelated BV

Director · represented by Jonathan Stevens

since 2024

Elderly Service Organisation BV

Director · represented by Frederick Pouders

Also active at: Immo Ter Poel, Vélotel Services

since 2024

Michel Decorte

Director

Also active at: De Stobbe, Clean Water Global, In Brevi

since 2024

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ninovesteenweg 198 box 32

9320 Aalst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0657.749.278
VAT number
BE 0657.749.278
Registered office
Ninovesteenweg 198 bus 32, 9320 Aalst
Names & denominations
WATCHERR
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
28 June 2016
Peppol
Not registered
Activities · NACE

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels

Frequently asked questions

What does WATCHERR do?
WATCHERR is a shop in Aalst. Public Limited, started on 28 June 2016, 1 establishment.
What is the address of WATCHERR?
The registered office of WATCHERR is located at Ninovesteenweg 198 box 32, 9320 Aalst.
Is WATCHERR still active?
No. The CBE lists WATCHERR with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is WATCHERR registered on Peppol?
No, WATCHERR is currently not registered on the Peppol network.
What is the enterprise number of WATCHERR?
The enterprise number of WATCHERR is BE0657749278.
When was WATCHERR founded?
WATCHERR was founded on 28 June 2016.