What does Watchtower do?

Watchtower is a wholesaler in Pittem. Private Limited, started on 9 March 2017, 1 establishment.

What is the address of Watchtower?

The registered office of Watchtower is located at Fonteinestraat 4, 8740 Pittem.

Is Watchtower still active?

Yes. According to the CBE (29 October 2026) Watchtower is active, legal situation “Normale toestand”, started on 9 March 2017.

Is Watchtower registered on Peppol?

Yes, Watchtower is registered on the Peppol network with ID 0208:0672551676.

What is the enterprise number of Watchtower?

The enterprise number of Watchtower is BE0672551676.

When was Watchtower founded?

Watchtower was founded on 9 March 2017.

Who are the directors of Watchtower?

According to the 2025 annual accounts, the directors of Watchtower are: Laurent Gotelaere.

Is Watchtower a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 March 2017; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Watchtower make in 2025?

Watchtower posted a profit after taxes of € 34,330 in financial year 2025.

What is the revenue of Watchtower?

As a small company, Watchtower is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,011.

Watchtower (Private Limited) - Pittem - BE0672551676

Dossier Watchtower, printed on 29 October 2026 from databakkes.be/en/0672551676/watchtower. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Watchtower from Pittem, company number BE0672551676, closed financial year 2025 with a result of € 34,330 after tax. For that financial year Watchtower recorded a gross margin of € 45,011 and equity of € 1,914. Compared with financial year 2024, the result moved from € 4,242 to € 34,330. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.

What it is worth Growing

€ 1,914

▲ € 34,330 vs 2024

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

Profit Growing

€ 34,330

▲ € 30,089 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 99

▼ 67% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4,286.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 4,348

▼ 63% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 24,246

€ 6,947 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 5,576

▼ 88% vs 2024

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

Taxes

€ 11,612

▲ 70% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 219 Gross margin 2022: € 219 First fiscal year in the series	€ 15,017 Gross margin 2023: € 15,017 ▲ € 14,798 vs 2022 (€ 219) Favourable step	€ 18,612 Gross margin 2024: € 18,612 ▲ 24% vs 2023 (€ 15,017) Favourable step	€ 45,011 Gross margin 2025: € 45,011 ▲ 142% vs 2024 (€ 18,612) Favourable step	▲ 142%
Profit after taxes	€ -9,501 Profit after taxes 2022: € -9,501 First fiscal year in the series	€ 5,937 Profit after taxes 2023: € 5,937 ▲ € 15,437 vs 2022 (€ -9,501) Favourable step	€ 4,242 Profit after taxes 2024: € 4,242 ▼ 29% vs 2023 (€ 5,937) Unfavourable step	€ 34,330 Profit after taxes 2025: € 34,330 ▲ € 30,089 vs 2024 (€ 4,242) Favourable step	▲ € 30,089
Equity	€ -42,595 Equity 2022: € -42,595 First fiscal year in the series	€ -36,658 Equity 2023: € -36,658 ▲ € 5,937 vs 2022 (€ -42,595) Favourable step	€ -32,416 Equity 2024: € -32,416 ▲ € 4,242 vs 2023 (€ -36,658) Favourable step	€ 1,914 Equity 2025: € 1,914 ▲ € 34,330 vs 2024 (€ -32,416) Favourable step	▲ € 34,330
Total debts	€ 80,832 Total debts 2022: € 80,832 First fiscal year in the series	€ 104,828 Total debts 2023: € 104,828 ▲ 30% vs 2022 (€ 80,832) Unfavourable step	€ 91,811 Total debts 2024: € 91,811 ▼ 12% vs 2023 (€ 104,828) Favourable step	€ 47,465 Total debts 2025: € 47,465 ▼ 48% vs 2024 (€ 91,811) Favourable step	▼ 48%
Cash	€ 147 Cash 2022: € 147 First fiscal year in the series	€ 919 Cash 2023: € 919 ▲ € 772 vs 2022 (€ 147) Favourable step	€ 301 Cash 2024: € 301 ▼ 67% vs 2023 (€ 919) Unfavourable step	€ 99 Cash 2025: € 99 ▼ 67% vs 2024 (€ 301) Unfavourable step	▼ 67%
Retained profit	€ -48,795 Retained profit 2022: € -48,795 First fiscal year in the series	€ -42,858 Retained profit 2023: € -42,858 ▲ € 5,937 vs 2022 (€ -48,795) Favourable step	€ -38,616 Retained profit 2024: € -38,616 ▲ € 4,242 vs 2023 (€ -42,858) Favourable step	€ -4,286 Retained profit 2025: € -4,286 ▲ € 34,330 vs 2024 (€ -38,616) Favourable step	▲ € 34,330
Bank debt	€ 25,964 Bank debt 2022: € 25,964 First fiscal year in the series	€ 24,246 Bank debt 2023: € 24,246 ▼ 7% vs 2022 (€ 25,964) Favourable step	€ 24,246 Bank debt 2024: € 24,246 Unchanged (€ 24,246) Unchanged	€ 24,246 Bank debt 2025: € 24,246 Unchanged (€ 24,246) Unchanged
Balance sheet total	€ 38,237 Balance sheet total 2022: € 38,237 First fiscal year in the series	€ 68,170 Balance sheet total 2023: € 68,170 ▲ 78% vs 2022 (€ 38,237) Unchanged	€ 59,394 Balance sheet total 2024: € 59,394 ▼ 13% vs 2023 (€ 68,170) Unchanged	€ 49,379 Balance sheet total 2025: € 49,379 ▼ 17% vs 2024 (€ 59,394) Unchanged	▼ 17%

Key figures of Watchtower, 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 Watchtower?

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

Mar 24, 2026 New annual accounts for financial year 2025: profit of € 34,330 (▲ € 30,089 vs 2024). Source: NBB ↗
Mar 9, 2017 New establishment in Pittem. KBO
Mar 9, 2017 Start of the company according to the CBE. KBO

In short

From € 9,501 loss in 2022 to € 34,330 profit in 2025.

Paid € 2,423 in corporate taxes since 2022.

Best year ever: 2025, with € 34,330 profit.

Original PDFs at the National Bank ↗

Management

Laurent Gotelaere

Watchtower

Behind Watchtower is Laurent Gotelaere.

Directors

According to the 2025 annual accounts

Laurent Gotelaere

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Fonteinestraat 4

8740 Pittem

2.262.581.418

Stationsstraat 11

8740 Pittem

Active since 9 March 2017

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 →

De Pittemse Immobiliën

€ 8,602 gross margin · 2025

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

Details

Company number: 0672.551.676
VAT number: BE 0672.551.676
Registered office: Fonteinestraat 4, 8740 Pittem
Names & denominations: Watchtower
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 9 March 2017
Peppol: Active · Active since 17 Dec 2025
Activities · NACE: Groothandel in huishoudtextiel en beddengoed

View on CBE Public ↗ Annual accounts (NBB) ↗