Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WATCHERS & CO from Brussel, company number BE0891776032, closed financial year 2025 with a result of € 27,197 after tax. For that financial year WATCHERS & CO recorded a gross margin of € -153,214 and equity of € 17.4 million. Compared with financial year 2024, the result moved from € 18,934 to € 27,197. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 17.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,197
▲ 44% vs 2024
Profit after tax over the fiscal year.
€ 65,269
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,972
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -84,519 | € -131,579 | € -119,232 | € -153,214 | ▼ € 33,982 |
| Profit after taxes | € 17,177 | € 1,828,152 | € 18,934 | € 27,197 | ▲ 44% |
| Equity | € 15,550,852 | € 17,379,004 | € 17,397,938 | € 17,425,135 | |
| Total debts | € 34,230 | € 31,257 | € 372,533 | € 368,758 | ▼ 1% |
| Cash | € 1,474,339 | € 1,134,363 | € 1,169,004 | € 65,269 | ▼ 94% |
| Retained profit | € -6,000,152 | € -4,172,000 | € -4,153,066 | € -4,125,869 | ▲ € 27,197 |
| Balance sheet total | € 15,585,082 | € 17,410,261 | € 17,770,471 | € 17,793,893 |
Key figures of WATCHERS & CO, 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 WATCHERS & CO?
What happened at WATCHERS & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc GEOFFROY stepped down as director. NBB
- Anne Colaux stepped down as director. NBB
- Chantal DUC stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27,197 (▲ 44% vs 2024). Source: NBB ↗
- Luc GEOFFROY became a director. NBB
- Anne Colaux became a director. NBB
- Chantal DUC became a director. NBB
- New establishment in Brussel. KBO
In short
From € 17,177 profit in 2022 to € 27,197 profit in 2025.
Best year ever: 2023, with € 1.8 million profit.
Management
The shares are held by Fondation Zewatchers FUP (100%). It owns 106.3% of FINANCIERE EMG, 100% of ZeWatchers Ltd, 100% of Info Chretienne SAS, 99.9% of ZEWATCHERS, 49% of Cinetree BV and 40.1% of M Sreen SAS itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2028
since 2025 · until 2028
since 2025 · until 2028
Shareholders
Participations
FINANCIERE EMG
106.3%
ZeWatchers Ltd
100%
Info Chretienne SAS
100%
99.9%
Cinetree BV
49%
M Sreen SAS
40.1%
Ultreia SAS
34.8%
Progressif Media SARL
30%
Sixtine Création SARL
25%
Holding Blue Light
24.8%
Neema Holding BV
20%
Booost SAS
20%
Seven Production
17.8%
Upper Room SAS
14.5%
Establishments
Establishment units
Physical locations of this company
Langehaagstraat 35/39
1000 Brussel
Koningsstraat 97
1000 Brussel
Active since 1 September 2007
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.
Details
- Company number
- 0891.776.032
- VAT number
- BE 0891.776.032
- Registered office
- Langehaagstraat 35/39, 1000 Brussel
- Names & denominations
- WATCHERS & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2007
- Peppol
- Active · Active since 6 Nov 2025