ACTIVE

WATCHCO

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Financial year 2025 · closed on 31/12/2025

Net result

49,6 k €

-19.2% YoY

Gross margin

137,5 k €

+14.3% YoY

Equity

202 k €

+32.5% YoY

What does WATCHCO do?

WATCHCO is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Herent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0887.586.325

Incorporation

28/02/2007

Legal form

Public limited company

Registered office

Haachtstraat 119 box 121
3020 Herent · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 68204Rental and operating of own or leased real estate 68204Rental and operating of own or leased real estate 70210Public relations and communication activities 73300Advertising and market research+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008		2007
Income statement
Gross margin	137,5 k €	+14.3%	120,3 k €	+40.8%	85,5 k €	+42.3%	60,1 k €	+1.5%	59,2 k €	-27.6%	81,8 k €	+11.1%	73,6 k €	+108%	35,5 k €	-37.1%	56,4 k €	+30.7%	43,1 k €	+161%	16,5 k €	-90.0%	164,9 k €	+5.4%	156,5 k €	+84.0%	85 k €	-51.3%	174,8 k €	+301%	43,6 k €	+1068%	-4,5 k €		–
EBITDA	106,9 k €	+6.0%	100,9 k €	+55.1%	65 k €	+91.8%	33,9 k €	+1.9%	33,3 k €	-42.7%	58,1 k €	+6.4%	54,6 k €	+158%	21,1 k €	-53.4%	45,4 k €	+36.7%	33,2 k €	+766%	3,8 k €	-30.7%	5,5 k €	-96.1%	141,8 k €	+93.5%	73,3 k €	-56.0%	166,5 k €	+305%	41,1 k €	+695%	-6,9 k €	-1886%	-347,5 €
Operating result	77,4 k €	+18.9%	65,1 k €	+130%	28,3 k €	+2262%	1,2 k €	-84.8%	7,9 k €	-64.2%	22 k €	+312%	5,4 k €	+180%	-6,7 k €	-137%	18,2 k €	+212%	5,8 k €	+121%	-27,5 k €	+58.8%	-66,6 k €	-280%	37 k €	+54.7%	23,9 k €	-75.4%	97,1 k €	+6870%	-1,4 k €	+80.0%	-7,2 k €	-1167%	-565,4 €
Net result	49,6 k €	-19.2%	61,4 k €	+408%	12,1 k €	+587%	-2,5 k €	-248%	1,7 k €	-81.1%	8,9 k €	+324%	-4 k €	+78.2%	-18,1 k €	-476%	4,8 k €	-81.3%	25,9 k €	+161%	-42,5 k €	+33.9%	-64,4 k €	-373%	23,6 k €	+161%	9,1 k €	-86.9%	69,2 k €	+3004%	-2,4 k €	+49.8%	-4,7 k €	-880%	609 €
Balance sheet
Equity	202 k €	+32.5%	152,5 k €	+67.4%	91,1 k €	+15.3%	79 k €	-3.0%	81,5 k €	+2.1%	79,8 k €	+12.5%	70,9 k €	-5.3%	74,9 k €	-19.5%	93 k €	+5.5%	88,2 k €	+41.5%	62,3 k €	-40.6%	104,9 k €	-38.0%	169,3 k €	+16.2%	145,7 k €	+21.2%	120,2 k €	+119%	55 k €	-4.2%	57,4 k €	-7.6%	62,1 k €
Total assets	380 k €	+1.4%	374,7 k €	-17.0%	451,4 k €	+47.2%	306,7 k €	-7.9%	332,8 k €	-17.4%	402,7 k €	-13.3%	464,3 k €	-17.4%	562,3 k €	-10.3%	626,8 k €	-9.6%	693,1 k €	-9.2%	763 k €	-12.6%	872,9 k €	-13.9%	1 M €	-12.3%	1,2 M €	+19.7%	965,3 k €	+54.7%	624 k €	+0.9%	618,2 k €	+895%	62,1 k €
Cash	972,9 €	-98.9%	90,4 k €	-25.2%	120,9 k €		–		–		5,1 k €		–		14,1 k €	+36.8%	10,3 k €	+86693%	11,9 €	-100.0%	23,9 k €	+402%	4,8 k €	-74.2%	18,4 k €	-79.8%	91,1 k €	+50184%	181,2 €	-98.6%	13,1 k €	+1402%	869,6 €	-80.2%	4,4 k €
Debts	170,4 k €	-21.9%	218,1 k €	-39.4%	360,3 k €	+58.2%	227,7 k €	-9.4%	251,4 k €	-22.2%	322,9 k €	-17.9%	393,4 k €	-19.3%	487,4 k €	-8.7%	533,8 k €	-11.8%	604,9 k €	-13.7%	700,6 k €	-8.8%	768 k €	-8.9%	843,1 k €	-16.4%	1 M €	+19.3%	845,1 k €	+49.1%	566,7 k €	+1.0%	560,8 k €		–
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	+50.0%	0,2 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Hans Vanoorbeek

Managing director · since 20 mai 2015 · until 18 mai 2027

Active

Ended mandates

Hans Vanoorbeek

Managing director · since 19 mai 2021 · until 19 mai 2027

Ended

Sinead Boyle

Director · since 19 mai 2021 · until 14 novembre 2022

Ended

Sinead Boyle

Director · since 19 mai 2021 · until 19 mai 2026

Ended

Hans Vanoorbeek

Managing director · since 19 mai 2015 · until 18 mai 2021

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	27/05/2025	03/10/2024	31/08/2023	02/06/2022	21/05/2021
General meeting	02/07/2026	20/05/2025	17/09/2024	16/05/2023	17/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	02/07/2026	03/07/2026	Dutch	PDF
Micro model	31/12/2024	20/05/2025	27/05/2025	Dutch	PDF
Micro model	31/12/2023	17/09/2024	03/10/2024	Dutch	PDF
Micro model	31/12/2022	16/05/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	02/06/2022	Dutch	PDF
Micro model	31/12/2020	18/05/2021	21/05/2021	Dutch	PDF
Micro model	31/12/2019	19/05/2020	15/06/2020	Dutch	PDF
Micro model	31/12/2018	21/05/2019	22/06/2019	Dutch	PDF
Micro model	31/12/2017	15/05/2018	16/08/2018	Dutch	PDF
Micro model	31/12/2016	16/05/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	10/10/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	07/10/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	31/10/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	26/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	25/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Hans Vanoorbeek

Managing director · since 20 mai 2015 · until 18 mai 2027

Active

Ended mandates

Hans Vanoorbeek

Managing director · since 19 mai 2021 · until 19 mai 2027

Ended

Sinead Boyle

Director · since 19 mai 2021 · until 14 novembre 2022

Ended

Sinead Boyle

Director · since 19 mai 2021 · until 19 mai 2026

Ended

Hans Vanoorbeek

Managing director · since 19 mai 2015 · until 18 mai 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/06/2009
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2008
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/12/2007
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202549,6 k €↓
2024
Annual accounts 202461,4 k €↑
2024
Name changeWatcho NV
2023
Annual accounts 202312,1 k €↑
2022
Annual accounts 2022-2,5 k €↓
2021
Annual accounts 20211,7 k €↓
2020
Annual accounts 20208,9 k €↑
2019
Annual accounts 2019-4 k €↑
2018
Annual accounts 2018-18,1 k €↓
2017
Annual accounts 20174,8 k €↓
2016
Annual accounts 201625,9 k €↑
2015
Annual accounts 2015-42,5 k €↑
2014
Annual accounts 2014-64,4 k €↓
2013
Annual accounts 201323,6 k €↑
2012
Annual accounts 20129,1 k €↓
2010
Annual accounts 201069,2 k €↑
2009
Annual accounts 2009-2,4 k €↑
2008
Annual accounts 2008-4,7 k €↓
2007
Annual accounts 2007609 €
28/02/2007
IncorporationPublic limited company
2007
Name changeWATCHCO

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WATCHCO

Overview

What does WATCHCO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline