Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 16.5 to 14.5.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FINANCE WATCH from Brussel, company number BE0836636381, closed financial year 2025 with a result of € 40,275 after tax. For that financial year FINANCE WATCH recorded a gross margin of € 2 million and equity of € 121,180. Compared with financial year 2024, the result moved from € 46,662 to € 40,275. The company is profitable. 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 August 18, 2026.
€ 121,180
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,275
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 387,818
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
14.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 6% vs 2024
€ 125,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,523
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 54,929
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 186,080
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,794,877 | € 2,022,202 | € 1,864,433 | € 2,045,271 | ▲ 10% |
| Profit after taxes | € 36,564 | € 57,549 | € 46,662 | € 40,275 | ▼ 14% |
| Equity | € -23,306 | € 34,243 | € 80,905 | € 121,180 | ▲ 50% |
| Total debts | € 1,846,708 | € 1,369,687 | € 3,626,162 | € 2,900,266 | ▼ 20% |
| Cash | € 152,717 | € 72,667 | € 471,057 | € 387,818 | ▼ 18% |
| Retained profit | € -23,306 | € 34,243 | € 80,905 | € 121,180 | ▲ 50% |
| Balance sheet total | € 1,823,402 | € 1,403,930 | € 3,707,067 | € 3,021,446 | ▼ 18% |
| Employees (FTE) | 15.6 | 16.5 | 15.3 | 14.5 | ▼ 0.8 |
Key figures of FINANCE WATCH, 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 FINANCE WATCH?
What happened at FINANCE WATCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,275 (▼ 14% vs 2024). filed late Source: NBB ↗
- Ogmundur Jonasson became a director. NBB
- CNE became a director. NBB
- Centre des Jeunes Dirigeants became a director. NBB
- CECODHAS became a director. NBB
- Deepa GOVINDARAJAN DRIVER became a director. NBB
- Fondazione Finanza Etica became a director. NBB
- NADINE STRAUSS became a director. NBB
In short
From € 36,564 profit in 2022 to € 40,275 profit in 2025.
Paid € 14,638 in corporate taxes since 2022.
Best year ever: 2023, with € 57,549 profit.
On average € 141,100 of value added per employee in 2025.
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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
Behind FINANCE WATCH are Fondazione Finanza Etica, Centre des Jeunes Dirigeants, Ogmundur Jonasson, CNE, Marek Hudon and CECODHAS. CNE is also behind Pool Opleiding-Werk voor digitale beroepen, TECHNIFUTUR, TECHNOFUTUR TIC, Wallonie Aerotraining Network and aptaskil.
Directors
According to the 2025 annual accounts
Fondazione Finanza Etica
Director · represented by ANDREA BARANES
since 2022
Director · represented by Laurène COLLARD
since 2023
Ogmundur Jonasson
Director
since 2025
Director · represented by Etienne LEBEAU
Also active at: Pool Opleiding-Werk voor digitale beroepen, TECHNIFUTUR, TECHNOFUTUR TIC, Wallonie Aerotraining Network, aptaskil, TECHNOCAMPUS
since 2024
Marek Hudon
Chairman of the board
Director · represented by Sorcha EDWARDS
since 2023
Deepa GOVINDARAJAN DRIVER
Director
since 2023
NADINE STRAUSS
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Koloniënstraat 56 box 3
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →BUREAU DE CONTROLE TECHNIQUE POUR LA CONSTRUCTION
Centre international d'Etudes du Lindane
VASTINT BELGIUM
€ 4.4 million revenue · 2025
AUTOVISTA BENELUX
€ 6.9 million revenue · 2025
Association of National Numbering Agencies
€ 776,988 gross margin · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
finance-watch.org
Registered
2010-04-13
Registrar
Register SpA
Expires
2026-04-13
Website info
Features
Security
Network
Details
- Company number
- 0836.636.381
- VAT number
- BE 0836.636.381
- Registered office
- Koloniënstraat 56 bus 3, 1000 Brussel
- Names & denominations
- FINANCE WATCH
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 30 May 2011
- Peppol
- Active · Active since 25 Sept 2025
- Contact
- finance-watch.org
- Activities · NACE
Overige verenigingen, neg
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