CHANGE THE GAME
A bankruptcy procedure is open for CHANGE THE GAME according to publications in the Belgian State Gazette. The file additionally contains 3 judicial reorganisations. The 2024 annual accounts show negative equity (€-817k) and a net result of €-812k.
| Equity | €-817k |
| Net result | €-812k |
| Staff (FTE) | 13.5 |
| Better than sector | 5% |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -104.6% | 11.8% | |
| Net result | €-812k | €7k | |
| Equity | €-817k | €31k | |
| Gross operating margin | €-234k | €162k | |
| Staff costs | €431k | €191k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-685k |
| Net profit | €-812k |
| Cash flow | €-737k |
| Staff costs | €431k |
| Income taxes | €1k |
| Dividends | — |
| Total assets | €781k |
| Equity | €-817k |
| Debt | €1.60M |
| of which ≤ 1y | €1.27M |
| of which > 1y | €328k |
| Working capital | €-878k |
| Employees (FTE) | 13.5 |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.15 |
| Working capital ratio | -112.4% |
| Solvency | -104.6% |
| Debt / equity | -1.96 |
| Long-term debt ratio | -0.40 |
| Interest coverage | -13.55 |
| Gross margin | — |
| Net margin | — |
| ROA | -104.0% |
| ROE | 99.5% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €781k |
| Fixed assets | 21/28 | €389k |
| Intangible fixed assets | 21 | €35k |
| Tangible fixed assets | 22/27 | €285k |
| Financial fixed assets | 28 | €69k |
| Current assets | 29/58 | €392k |
| Stocks & contracts in progress | 3 | €207k |
| Amounts receivable within one year | 40/41 | €121k |
| Cash & bank | 54/58 | €44k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €781k |
| Equity | 10/15 | €-817k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-1.02M |
| Amounts payable | 17/49 | €1.60M |
| Amounts payable after one year | 17 | €328k |
| Amounts payable within one year | 42/48 | €1.27M |
| Trade debts payable within one year | 44 | €756k |
| Income statement | ||
| Gross operating margin | 9900 | €-234k |
| Operating result | 9901 | €-760k |
| Financial income | 75 | €43 |
| Financial charges | 65 | €51k |
| Result before taxes | 9903 | €-811k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-812k |
| Result to be appropriated | 9905 | €-812k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ELEONORE WESTERLINCK RUE DE SAINT GHIS-
LAIN 11, 1348 LOUVAIN-LA-NEUVE |
09-07-2025 → present | Belgian State Gazette |
| NACE primary | Retail trade(47640) |
| Legal form | Private limited company(610) |
| Incorporation | 09-12-2022 |
| Status | Active |
| Postal code | 1440 |
| First BS signal | 06-11-2024 |
| Latest BS signal | 15-07-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53402A0191/00H015 | Wallonia | 7.0 ha | 1 · 4.4 ha | 14.3 m · 3 fl. |
| 57462B0160/00Y003 | Wallonia | 6.2 ha | 1 · 3.8 ha | 15.8 m · 3 fl. |
| 21001A0250/00C000 | Brussels | 5.8 ha | 1 · 3.8 ha | 48.1 m · 3 fl. |
| 62063A0131/00N000 | Wallonia | 1.1 ha | 1 · 1,912 m² | 27.8 m · 6 fl. |
| 21674C0095/00N007 | Brussels | 5,552 m² | — | — |
| 25111A0596/00L002 | Wallonia | 5,300 m² | 1 · 2,666 m² | 6.8 m · 2 fl. |
| 52302A1138/00X000 | Wallonia | 1,734 m² | — | — |
| 92094C0127/00H000 | Wallonia | 83 m² | 1 · 48 m² | 17.2 m · 5 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-01-2024 Publication in the Belgian Official Gazette — Minor change
Technical details
{
"notary": {
"name": "Jean-Pierre MARCHANT",
"firm_city": null,
"firm_name": null,
"office_city": "Uccle",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-01-25",
"filing_date": "2024-01-23",
"act_kind_objet": "DEMISSIONS, NOMINATIONS, SIEGE SOCIAL"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-01-11",
"unanimous": true
},
"agm_change": {
"new_schedule": null,
"old_schedule": null,
"effective_from_year": null,
"rule_changes_summary": "L\u0027assembl\u00E9e a modifi\u00E9 les articles 5.121, \u00A71 et 5:133, \u00A71 du Code des soci\u00E9t\u00E9s et associations relatifs aux rapports sur l\u0027apport en nature et \u00E0 l\u0027\u00E9mission d\u0027actions."
},
"detected_kind": "other_address_change",
"other_address": {
"action": "modified",
"purpose": "statutaire_zetel",
"address_new": "Braine-le-Ch\u00E2teau (1440 Wauthier-Braine), avenue Reine Astrid 2",
"address_old": "Chauss\u00E9e de Tubize 481 : 1420 Braine-l\u0027Alleud",
"effective_date": null,
"effective_date_is_approximate": null
},
"mandate_renewal": null,
"subject_company": {
"kbo": "0794.614.991",
"name_full": "CHANGE THE GAME",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "org",
"org_kbo": "0697.764.748",
"org_name": "Bureau VP",
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"Rapport sur l\u0027apport en nature"
],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "secretaris",
"organ": "bureau_asbl",
"person_name": "Serge MICHEL"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": {
"art_csa": null,
"effective_date": null,
"shareholder_kbo": null,
"shareholder_name": "AZZOUZI Hakim"
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | CHANGE THE GAME |