CHANGEFOCUS

Active

Private limited companyfounded 1992active for 33 yearsReevijver 31, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0448.976.376

Summary

CHANGEFOCUS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €375,153 and a net result of €45,114. Equity is growing by about 8.5% per year across the filed financial years. Its solvency ranks better than 93% of 37,596 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

CHANGEFOCUSActiveChecked score 57/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200

1 site

Size

€399,740total assets 2024

Equity: €375,153
Profit: €45,114

Turnover not published (micro format)

Financial health

57 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

2025 accounts not filed, 85 days past the deadline5 deeds in the Belgian Official Gazette

Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 27-08-2025)lowers riskLiquidity: current ratio 13.70, cash €86,882Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €375,153 (93.8% of total assets)Show the evidence

Checked score

Score 2024

57 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 67% of its sector peers (NACE 70, micro)

A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 100=

equity 93.8% of total assets

Liquidity 77-23

short-term debt 6.1% · cash 21.7%

Profitability 83+12

return on assets 11.3%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,416 companies, NACE 70, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value

Credit of up to €21,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 13.7, compared with 13.43 in 2023, above the usual 1.5; short-term debt: 6.1% and cash: 21.7% of total assets), and 6.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 69% on liquidity, 51% on profitability and 61% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 27-08-2025)

NBB · annual accounts

Liquidity: current ratio 13.70, cash €86,882

NBB · annual accounts

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Equity €375,153 (93.8% of total assets)

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

A punctual record breaks

This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

27 days late

2023

65 days early

2022

7 days early

2021

137 days early

2020

108 days early

2019

25 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 53 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-08-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Highest result from 2018 to 2024net €45,114 ▲678%
27-05-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
Positive: Among the best 8% on solvencysector median 57.9% · 37,596 companies 93.8% View
Positive: 5 profitable years in a rowprofit 2024: €45,114 5 years View

By topic

Financials

Financial year: 2024
Total assets: €399,740
Profit: €45,114
Solvency: 93.8%

Total assets▲ 13.9%

Net result

20182024

Go to Financials

Timeline

Events: 34
Since: 1994

24-07-2023Annual accounts filed
16-03-2022Annual accounts filed
31-12-2021Liquidity more than quadruples

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Business and other management consultancyNACE 70200
Founded: 21-12-1992
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about CHANGEFOCUS

What is the company number of CHANGEFOCUS?: 0448.976.376. In Belgium the VAT number is the company number with BE in front: BE 0448.976.376.
Where is CHANGEFOCUS based?: The registered office is at Reevijver 31, 9840 Nazareth-De Pinte.Company details
What does CHANGEFOCUS do?: According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of CHANGEFOCUS?: Private limited company (BV).
When was CHANGEFOCUS founded?: On 21-12-1992.
Is CHANGEFOCUS still active?: Yes, CHANGEFOCUS is an active enterprise in the KBO register.
How many employees does CHANGEFOCUS have?: On average 0.1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of CHANGEFOCUS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is CHANGEFOCUS profitable?: In financial year 2024, CHANGEFOCUS made a profit of €45,114.
Where can I find the annual accounts of CHANGEFOCUS?: CHANGEFOCUS filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.