CHAINGE DIGITAL
ActiveSummary
CHAINGE DIGITAL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64,489 and a net result of €43,843. Equity is shrinking by ~7.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+2
Solvency75▲+11
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.52 in 2023; short-term debt: 41.2% and cash: 64.9% of total assets), but 50.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-06-2026, 48 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
48 d early
2024
24 d early
2023
42 d early
2022
31 d early
2021
32 d early
2020
45 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€64,489▲ 17.4%
2023 · €54,916
Total assets
€129,543▼ 9.2%
2023 · €142,599
Net result
€43,843▲ 33.4%
2023 · €32,874
Working capital
€46,887▲ 35.6%
2023 · €34,571
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€42,180▲ 55.8%-€51,010-€17,845▲ 65.0%€33,888€53,004▲ 56.4%
Net result€29,712within the sector's middle half▲ 57.0%-€51,404below the sector's middle half-€18,706below the sector's middle half▲ 63.6%€32,874within the sector's middle half€43,843within the sector's middle half▲ 33.4%
Equity€128,516within the sector's middle half▲ 30.1%€77,112within the sector's middle half▼ 40.0%€58,406within the sector's middle half▼ 24.3%€54,916within the sector's middle half▼ 6.0%€64,489within the sector's middle half▲ 17.4%
Total assets€147,364within the sector's middle half▲ 25.3%€91,739within the sector's middle half▼ 37.7%€114,716within the sector's middle half▲ 25.0%€142,599within the sector's middle half▲ 24.3%€129,543within the sector's middle half▼ 9.2%
Debt€18,848▲ 0.2%€14,627▼ 22.4%€56,310▲ 285%€87,683▲ 55.7%€65,054▼ 25.8%
Working capital€120,915above the sector's middle half▲ 32.6%€74,369within the sector's middle half▼ 38.5%€33,874within the sector's middle half▼ 54.5%€34,571within the sector's middle half▲ 2.1%€46,887within the sector's middle half▲ 35.6%
Solvency87.2%above the sector's middle half▲ 3.2pp84.1%above the sector's middle half▼ 3.2pp50.9%within the sector's middle half▼ 33.1pp38.5%within the sector's middle half▼ 12.4pp49.8%within the sector's middle half▲ 11.3pp
Current ratio7.42above the sector's middle half▼ 0.336.08above the sector's middle half▼ 1.332.38within the sector's middle half▼ 3.701.52within the sector's middle half▼ 0.861.88within the sector's middle half▲ 0.35
Return on assets (ROA)20.2%within the sector's middle half▲ 4.1pp-56.0%below the sector's middle half▼ 76.2pp-16.3%below the sector's middle half▲ 39.7pp23.1%within the sector's middle half▲ 39.4pp33.8%within the sector's middle half▲ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129,543
Fixed assets
€29,349 ▼ 30.4%
Current assets
€100,194 ▼ 0.2%
Equity and liabilities €129,543
Equity
€64,489 ▲ 17.4%
Debt
€65,054 ▼ 25.8%
Debt's share of the balance-sheet total falls from 61.5% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66,162▲
2023 · €48,051
Cash flow
€57,001▲
2023 · €47,037
Debt to equity
1.01▼
2023 · 1.60
ROE
68.0%▲
2023 · 59.9%
Interest coverage
146.05▲
2023 · 106.07
Debt ≤ 1 year
€53,307▼
2023 · €65,861
Debt > 1 year
€11,667▼
2023 · €21,667
Income taxes
€8,708▲
2023 · €561
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,158 | €5,949 | €12,873 | €14,163 | €13,158 | ▼ 7.1% |
| Other operating charges640/8 | - | €888 | €437 | €385 | €12,387 | ▲ 3,117% |
| Gross operating margin9900 | €51,222 | -€44,173 | -€4,535 | €48,436 | €78,549 | ▲ 62.2% |
| Operating profit (loss)9901 | €42,180 | -€51,010 | -€17,845 | €33,888 | €53,004 | ▲ 56.4% |
| Financial income75/76B | - | €20 | - | - | - | - |
| Recurring financial income75 | - | €20 | - | - | - | - |
| Financial charges65/66B | - | €197 | €533 | €453 | €453 | = |
| Recurring financial charges65 | €279 | €197 | €533 | €453 | €453 | = |
| Profit (loss) for the period before taxes9903 | €41,901 | -€51,187 | -€18,378 | €33,435 | €52,551 | ▲ 57.2% |
| Income taxes67/77 | €12,189 | €217 | €328 | €561 | €8,708 | ▲ 1,452% |
| Profit (loss) for the period9904 | €29,712 | -€51,404 | -€18,706 | €32,874 | €43,843 | ▲ 33.4% |
| Profit (loss) for the period to be appropriated9905 | €29,712 | -€51,404 | -€18,706 | €32,874 | €43,843 | ▲ 33.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147,364 | €91,739 | €114,716 | €142,599 | €129,543 | ▼ 9.2% |
| Fixed assets21/28 | €7,601 | €2,743 | €56,330 | €42,167 | €29,349 | ▼ 30.4% |
| Tangible fixed assets22/27 | €7,601 | €2,743 | €56,330 | €42,167 | €29,349 | ▼ 30.4% |
| Plant, machinery and equipment23 | - | €2,743 | €2,907 | €1,683 | €1,485 | ▼ 11.8% |
| Furniture and vehicles24 | - | - | €53,423 | €40,484 | €27,864 | ▼ 31.2% |
| Current assets29/58 | €139,763 | €88,996 | €58,386 | €100,432 | €100,194 | ▼ 0.2% |
| Amounts receivable within one year40/41 | €26,646 | €2,888 | €11,146 | €15,294 | €14,440 | ▼ 5.6% |
| Trade receivables40 | - | €1,988 | €4,510 | €15,294 | €12,100 | ▼ 20.9% |
| Other amounts receivable41 | - | €900 | €6,636 | - | €2,340 | - |
| Cash at bank and in hand54/58 | €111,684 | €85,169 | €45,798 | €83,704 | €84,126 | ▲ 0.5% |
| Deferred charges and accrued income490/1 | - | €939 | €1,442 | €1,434 | €1,628 | ▲ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147,364 | €91,739 | €114,716 | €142,599 | €129,543 | ▼ 9.2% |
| Equity10/15 | €128,516 | €77,112 | €58,406 | €54,916 | €64,489 | ▲ 17.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €1,600 | ▼ 91.4% |
| Reserves13 | €84,585 | €84,585 | €84,585 | €48,221 | €74,794 | ▲ 55.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €82,725 | €82,725 | €48,221 | €74,794 | ▲ 55.1% |
| Profit (loss) carried forward14 | €25,331 | -€26,073 | -€44,779 | -€11,905 | -€11,905 | = |
| Amounts payable17/49 | €18,848 | €14,627 | €56,310 | €87,683 | €65,054 | ▼ 25.8% |
| Amounts payable after more than one year17 | - | - | €31,667 | €21,667 | €11,667 | ▼ 46.2% |
| Financial debts170/4 | - | - | €31,667 | €21,667 | €11,667 | ▼ 46.2% |
| Amounts payable within one year42/48 | €18,848 | €14,627 | €24,512 | €65,861 | €53,307 | ▼ 19.1% |
| Current portion of amounts payable after more than one year42 | - | - | €10,000 | €10,000 | €10,000 | = |
| Trade debts44 | €53 | €197 | €709 | €850 | - | - |
| Suppliers440/4 | - | €197 | €709 | €850 | - | - |
| Taxes, remuneration and social security45 | - | €9,772 | €3,734 | €8,080 | €15,801 | ▲ 95.6% |
| Taxes450/3 | - | €9,772 | €3,734 | €8,080 | €15,801 | ▲ 95.6% |
| Other amounts payable47/48 | - | €4,658 | €10,069 | €46,931 | €27,506 | ▼ 41.4% |
| Accrued charges and deferred income492/3 | - | - | €131 | €155 | €80 | ▼ 48.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,712 | -€51,404 | -€18,706 | €32,874 | €43,843 | ▲ 33.4% |
| + Depreciation and write-downs630 | €8,158 | €5,949 | €12,873 | €14,163 | €13,158 | ▼ 7.1% |
| Operating cash flow (approximation) | €37,870 | -€45,455 | -€5,833 | €47,037 | €57,001 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | -€1,091 | -€66,460 | €0 | -€340 | - |
| Change in cash | - | -€26,515 | -€39,371 | €37,906 | €422 | ▼ 98.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €43,843 ▲33.4%
Operating result €53,004, net result €43,843, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €32,874
Net result €32,874 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€51,404
Net result drops to -€51,404, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €128,516 ▲30.1%
3 profitable years in a row build equity to €128,516.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2016
Ground area
231 m²
Building footprint
106 m²
Volume, LiDAR
630 m³
Parcel 23082D0340/00M002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CHAINGE DIGITAL
since 20162.255.690.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23082D0340/00M002 | Flanders | 231 m² | 1 · 106 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
T-Advisor
BE 0798.437.088
Aalst · Eq €64,491
PROBLEM SOLVED
BE 0831.874.572
Grimbergen · Eq €64,492
TORAND
BE 0557.945.681
Mechelen · Eq €64,482
AppIT CONSULTING
BE 0733.501.924
Braine-l'Alleud · Eq €64,518
BLK4
BE 1010.311.715
Hasselt · Eq €64,450
Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 15,508 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0661644126
Also
9925:BE0661644126
Registered
30-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.