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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 has been growing by about 3.9% per year since 2018. Its solvency ranks better than 93% of 37,586 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 21-12-1992 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.060.243.376 9840 Nazareth-De Pinte, since 05-01-1993
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Devisch MarcDirector
Shareholders
  • Marc Devischdeed of 11-01-2023

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2024
Gross margin
€21,658
▼ 10.7%
Turnover
≈ €100,000
estimated
Profit
€45,114
▲ 678%
Equity
€375,153
▲ 13.7%
Total assets
€399,740
▲ 13.9%
Staff
≈ 0 FTE
estimated
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 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 stronger than 67% of micro companies in head offices and management consultancy (NACE 70)
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 within 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% (48,544 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 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 11-2026: 0.1%● unchanged vs 10-2026highest 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 is ample, with a current ratio of 13.7 (13.43 in 2023), above the usual 1.5. Short-term debt is 6.1% and cash 21.7% of total assets. 6.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 86% of them on solvency, 69% on liquidity, 51% on profitability and 61% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 27-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 13.70, cash €86,882
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €375,153 (93.8% of total assets)
NBB · annual accounts
raises risk · 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, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
neutral · 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

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

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.

Annual accounts 2024 filed on 27-08-2025 PDF all 31 filings

Turnover
≈ €100,000
Estimated: probably between €49,000 and €200,000
Total assets
€399,740▲ 13.9%
2023 · €350,968
Net result
€45,114▲ 678%
2023 · €5,797
Working capital
€310,792▲ 19.5%
2023 · €260,186
Multi-year overview
2018 to 2024, 7 financial years
Operating result
€11,639
▲ 4.7% 2024
20182024
Net result
€45,114
▲ 678% 2024
middle half of the sector
20182024
Equity
€375,153
▲ 13.7% 2024
highest quarter of the sector
20182024
Total assets
€399,740
▲ 13.9% 2024
middle half of the sector
20182024
Debt
€24,587
▲ 17.5% 2024
20182024
Working capital
€310,792
▲ 19.5% 2024
highest quarter of the sector
20182024
Solvency
93.8%
▼ 0.2pp 2024
highest quarter of the sector
20182024
Current ratio
13.70
▲ 0.27 2024
highest quarter of the sector
20182024
Return on assets (ROA)
11.3%
▲ 9.6pp 2024
middle half of the sector
20182024
Staff (FTE)
no figure
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€23,320--€40,354▼ 73.0%€12,022€1,225▼ 89.8%€3,664▲ 199%€11,112▲ 203%€11,639▲ 4.7%
Net result-€22,549--€17,975▲ 20.3%€19,036within the sector's middle half€29,348within the sector's middle half▲ 54.2%€5,592within the sector's middle half▼ 80.9%€5,797within the sector's middle half▲ 3.7%€45,114within the sector's middle half▲ 678%
Equity€297,825-€237,850▼ 20.1%€241,887above the sector's middle half▲ 1.7%€271,235above the sector's middle half▲ 12.1%€324,242above the sector's middle half▲ 19.5%€330,039above the sector's middle half▲ 1.8%€375,153above the sector's middle half▲ 13.7%
Total assets€431,482-€372,207▼ 13.7%€339,077within the sector's middle half▼ 8.9%€290,313within the sector's middle half▼ 14.4%€334,369within the sector's middle half▲ 15.2%€350,968within the sector's middle half▲ 5.0%€399,740within the sector's middle half▲ 13.9%
Debt€35,759-€134,356▲ 276%€97,190▼ 27.7%€19,078▼ 80.4%€10,126▼ 46.9%€20,928▲ 107%€24,587▲ 17.5%
Working capital€382,617-€227,484▼ 40.5%€233,269above the sector's middle half▲ 2.5%€264,274above the sector's middle half▲ 13.3%€253,095above the sector's middle half▼ 4.2%€260,186above the sector's middle half▲ 2.8%€310,792above the sector's middle half▲ 19.5%
Solvency69.0%-63.9%▼ 5.1pp71.3%within the sector's middle half▲ 7.4pp93.4%above the sector's middle half▲ 22.1pp97.0%above the sector's middle half▲ 3.5pp94.0%above the sector's middle half▼ 2.9pp93.8%above the sector's middle half▼ 0.2pp
Current ratio11.70-2.69▼ 9.013.40within the sector's middle half▲ 0.7114.85above the sector's middle half▲ 11.4525.99above the sector's middle half▲ 11.1413.43above the sector's middle half▼ 12.5613.70above the sector's middle half▲ 0.27
Return on assets (ROA)-5.2%--4.8%▲ 0.4pp5.6%within the sector's middle half▲ 10.4pp10.1%within the sector's middle half▲ 4.5pp1.7%within the sector's middle half▼ 8.4pp1.7%within the sector's middle half=11.3%within the sector's middle half▲ 9.6pp
Staff (FTE)0.5-0.5=0.5below the sector's middle half=0.1▼ 80.0%
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2024 is 5% higher than in 2023 and the highest since 2020. It is the third rise in a row, after the fall in 2021.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399,740
Fixed assets €64,475 ▼ 7.7%
Current assets €335,265 ▲ 19.3%
Equity and liabilities €399,740
Equity €375,153 ▲ 13.7%
Debt €24,587 ▲ 17.5%
Debt's share of the balance-sheet total rises from 6.0% to 6.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18,113▲
2023 · €16,658
Cash flow
€51,588▲
2023 · €11,343
Debt to equity
0.07▲
2023 · 0.06
ROE
12.0%▲
2023 · 1.8%
Interest coverage
over 100▲
2023 · 6.40
Debt ≤ 1 year
€24,473▲
2023 · €20,928
Income taxes
€1,406▼
2023 · €2,713
Staff costs
€1,519▼
2023 · €5,888
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202220232024
Tangible fixed assets€129,157€4,252€2,107
Financial fixed assets€6,375--
Depreciation and write-downs of the year€3,478€5,546€6,474

Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 · 1 entry · €297 awarded · €297 paid
Schemes
1 entry · €297 · €297 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€350,968€399,740▲
Fixed assets21/28€69,854€64,475▼
Tangible fixed assets22/27€63,479€59,112▼
Land and buildings22€57,233€54,080▼
Plant, machinery and equipment23€3,917€0▼
Leasing and similar rights25-€2,944
Other tangible fixed assets26€2,328€2,088▼
Financial fixed assets28€6,375€5,363▼
Current assets29/58€281,114€335,265▲
Amounts receivable within one year40/41€10,858€5,256▼
Trade receivables40€8,858€4,690▼
Other amounts receivable41€2,000€566▼
Current investments50/53€128,899€243,127▲
Cash at bank and in hand54/58€141,357€86,882▼
Equity and liabilities
Total equity and liabilities10/49€350,968€399,740▲
Equity10/15€330,039€375,153▲
Contributions10/11€37,200€37,200=
Reserves13€292,048€336,963▲
Non-distributable reserves130/1€34,019€34,018=
Reserves not available under the articles1311€34,019€34,018=
Tax-exempt reserves132€20,687€20,687=
Distributable reserves133€237,342€282,258▲
Profit (loss) carried forward14€792€990▲
Amounts payable17/49€20,928€24,587▲
Amounts payable within one year42/48€20,928€24,473▲
Financial debts43-€24,187
Other loans439-€24,187
Trade debts44€2,164€286▼
Suppliers440/4€2,164€286▼
Taxes, remuneration and social security45€2,718-
Taxes450/3€2,718-
Remuneration and social security454/9€0-
Other amounts payable47/48€16,047-
Accrued charges and deferred income492/3-€114
Income statement Code20232024
Remuneration, social security and pensions62€5,888€1,519▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,546€6,474▲
Other operating charges640/8€1,698€2,026▲
Gross operating margin9900€24,243€21,658▼
Operating profit (loss)9901€11,112€11,639▲
Financial income75/76B€0€34,948▲
Recurring financial income75€0€34,948▲
Financial charges65/66B€2,602€67▼
Recurring financial charges65€2,602€67▼
Profit (loss) for the period before taxes9903€8,510€46,520▲
Income taxes67/77€2,713€1,406▼
Profit (loss) for the period9904€5,797€45,114▲
Profit (loss) for the period to be appropriated9905€5,797€45,114▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,589€45,906▲
Profit (loss) brought forward from the previous period14P€792€792=
Transfer to equity691/2€5,797€44,916▲
To the legal reserve6920-€44,916
To other reserves6921€5,797-

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 27-08-2025.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62----€5,468€5,888€1,519▼ 74.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,140€3,011€3,181€2,776€3,478€5,546€6,474▲ 16.7%
Other operating charges640/8----€469€1,698€2,026▲ 19.3%
Gross operating margin9900€10,005-€6,904€32,021€19,159€13,080€24,243€21,658▼ 10.7%
Operating profit (loss)9901-€23,320-€40,354€12,022€1,225€3,664€11,112€11,639▲ 4.7%
Financial income75/76B----€2,010€0€34,948▲ 582,467×
Recurring financial income75€1,097--€28,281€2,010€0€34,948▲ 582,467×
Financial charges65/66B----€82€2,602€67▼ 97.4%
Recurring financial charges65€13--€79€82€2,602€67▼ 97.4%
Profit (loss) for the period before taxes9903-€22,236-€39,012€14,738€29,427€5,592€8,510€46,520▲ 447%
Income taxes67/77€313€76,861-€4,298€79€0€2,713€1,406▼ 48.2%
Profit (loss) for the period9904-€22,549-€17,975€19,036€29,348€5,592€5,797€45,114▲ 678%
Profit (loss) for the period to be appropriated9905-€22,549€172,146€19,036€29,348€5,592€5,797€45,114▲ 678%
Line2018201920202021202220232024Change
Assets
Total assets20/58€431,482€372,207€339,077€290,313€334,369€350,968€399,740▲ 13.9%
Fixed assets21/28€13,107€10,366€8,618€6,962€71,148€69,854€64,475▼ 7.7%
Tangible fixed assets22/27€13,107€10,366€8,618€6,962€64,773€63,479€59,112▼ 6.9%
Land and buildings22----€60,381€57,233€54,080▼ 5.5%
Plant, machinery and equipment23----€4,392€3,917€0▼ 100%
Leasing and similar rights25------€2,944-
Other tangible fixed assets26-----€2,328€2,088▼ 10.3%
Financial fixed assets28----€6,375€6,375€5,363▼ 15.9%
Current assets29/58€418,376€361,841€330,459€283,351€263,221€281,114€335,265▲ 19.3%
Amounts receivable after more than one year29----€0---
Other amounts receivable291----€0---
Amounts receivable within one year40/41€11,489€10,180€6,135€1,200€5,396€10,858€5,256▼ 51.6%
Trade receivables40----€2,376€8,858€4,690▼ 47.1%
Other amounts receivable41----€3,020€2,000€566▼ 71.7%
Current investments50/53€172,782€78,440€81,156€109,437€111,446€128,899€243,127▲ 88.6%
Cash at bank and in hand54/58€164,105€223,220€203,167€132,715€146,378€141,357€86,882▼ 38.5%
Equity and liabilities
Total equity and liabilities10/49€431,482€372,207€339,077€290,313€334,369€350,968€399,740▲ 13.9%
Equity10/15€297,825€237,850€241,887€271,235€324,242€330,039€375,153▲ 13.7%
Contributions10/11€18,600€18,600--€37,200€37,200€37,200=
Reserves13€317,371€219,250€219,250€249,250€286,251€292,048€336,963▲ 15.4%
Non-distributable reserves130/1----€34,019€34,019€34,018=
Reserves not available under the articles1311----€34,019€34,019€34,018=
Tax-exempt reserves132----€20,687€20,687€20,687=
Distributable reserves133----€231,545€237,342€282,258▲ 18.9%
Profit (loss) carried forward14-€38,146€0€4,037€3,385€792€792€990▲ 25.0%
Provisions and deferred taxes16€97,898-------
Amounts payable17/49€35,759€134,356€97,190€19,078€10,126€20,928€24,587▲ 17.5%
Amounts payable within one year42/48€35,759€134,356€97,190€19,078€10,126€20,928€24,473▲ 16.9%
Financial debts43------€24,187-
Other loans439------€24,187-
Trade debts44€15,706€6,057€4,848€3,473€3,739€2,164€286▼ 86.8%
Suppliers440/4----€3,739€2,164€286▼ 86.8%
Taxes, remuneration and social security45----€1,432€2,718--
Taxes450/3----€0€2,718--
Remuneration and social security454/9----€1,432€0--
Other amounts payable47/48----€4,955€16,047--
Accrued charges and deferred income492/3------€114-
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€22,549-€17,975€19,036€29,348€5,592€5,797€45,114▲ 678%
+ Depreciation and write-downs630€3,140€3,011€3,181€2,776€3,478€5,546€6,474▲ 16.7%
Operating cash flow (approximation)-€19,409-€14,964€22,217€32,125€9,070€11,343€51,588▲ 355%
Investment in fixed assets (approximation)--€271-€1,433-€1,120-€67,665-€4,252-€1,095▲ 74.2%
Change in cash-€59,115-€20,053-€70,452€13,663-€5,021-€54,475▼ 985%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 31,368 companies had the same profile as CHANGEFOCUS has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CHANGEFOCUS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for CHANGEFOCUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 31 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 27-08-2025 2025-00409449 PDF
31-12-2023 micro format 27-05-2024 2024-00098680 PDF
31-12-2022 micro format 24-07-2023 2023-00263645 PDF
31-12-2021 micro format 16-03-2022 2022-08100524 PDF
31-12-2020 micro format 14-04-2021 2021-10700070 PDF
31-12-2019 micro format 06-07-2020 2020-27300053 PDF
31-12-2018 micro format 27-08-2019 2019-55800173 PDF
31-12-2017 micro format 30-07-2018 2018-41300601 PDF
31-12-2016 micro format 31-08-2017 2017-56100429 PDF
31-12-2015 abbreviated format 29-08-2016 2016-52300090 PDF

Show all 31 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
Devisch Marc
Director · listed in the 2023 annual accounts, filed on 27-05-2024
Current

Owners and capital

Shareholders

Stated in the deed deed of 11-01-2023 ↗
  • Marc Devisch enige aandeelhouder · all shares

Capital transactions

Capital over time
  1. 11-01-2023 Capital stated in the deed · 2,914 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • mandate already running before its first mention
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
Devisch Marc
  • Director, since before 31-12-2023
DEVISCH,MarcMaurice
  • Statutory director, appointed by deed of 11-01-2023, no longer listed in the 2023 annual accounts
See the board, name and registered office on a given date →

Network & group

Acquisitions and mergers

1 transaction
Took over:SKILLS AT WORK
BE 0475.574.865merger by absorption · Gazette deed of 11-01-2023 (4 deeds)

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of CHANGEFOCUS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

2025
27-08
NBB filing Annual accounts 2024 filedPDF
micro format · 27 days late
2024
31-12
Financial Highest result from 2018 to 2024net €45,114 ▲678%
The net result of €45,114 is the highest of those years.
27-05
NBB filing Annual accounts 2023 filedPDF
micro format · 65 days before the deadline
2023
24-07
NBB filing Annual accounts 2022 filedPDF
micro format · 7 days before the deadline
11-01
Gazette deed Merger: CHANGEFOCUS takes over SKILLS AT WORK
Issue of 413 shares · Resignation: Marc Devisch (director) · Appointment: DEVISCH, MarcMaurice (statutory director)9 points ▸
  • General meeting, 28-12-2022, mentioned twice in the deed
  • Marc Devisch holds all the shares, mentioned twice in the deed
  • Accounting effect, 01-10-2022
  • Auditor report, 05-12-2022
  • Director resignation, Marc Devisch
  • Purpose change, “Het leveren van management advies op vlak van innovatie, technologie, strategie, HR, financiën, ICT, marketing, onderhandelingen; Het geven van trainingen en…” (deed in Dutch)
  • 2,914 shares
  • Director appointment, DEVISCH, MarcMaurice (statutory director)
  • Net-asset statement, 30-09-2022
  • The deed holds 16 more points.

Open the deed in the Belgian Official Gazette

2022
14-11
Gazette deed Merger proposal: CHANGEFOCUS takes over SKILLS AT WORK
“Voorwerp van de overnemende vennootschap” (deed in Dutch)3 points ▸
  • Purpose change, “Voorwerp van de overnemende vennootschap” (deed in Dutch)
  • Accounting effect, 01-10-2022
  • Director in office, Marc Devisch (sole director)
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

16-03
NBB filing Annual accounts 2021 filedPDF
micro format · 137 days before the deadline
2021
31-12
Financial Liquidity more than quadruplescurrent ratio 14.85
The current ratio rises from 3.40 to 14.85. Short-term debt falls from €97,190 to €19,078.
14-04
NBB filing Annual accounts 2020 filedPDF
micro format · 108 days before the deadline
2020
31-12
Financial Back to profitnet €19,036
The net result is €19,036, after 2 loss-making years.
06-07
NBB filing Annual accounts 2019 filedPDF
micro format · 25 days before the deadline
2019
27-08
NBB filing Annual accounts 2018 filedPDF
micro format · 27 days late
Show earlier events
2018
30-07
NBB filing Annual accounts 2017 filedPDF
micro format · 1 day before the deadline
2017
31-08
NBB filing Annual accounts 2016 filedPDF
micro format · 31 days late
2016
29-08
NBB filing Annual accounts 2015 filedPDF
abbreviated format · 29 days late
1993
12-01
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 21 December 1992, CHANGEFOCUS was incorporated.1 SKILLS AT WORK was merged into the company in 2023.2 The company has filed 31 sets of annual accounts, the latest for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-01-2023
  3. 3National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name CHANGEFOCUS in Dutch
Enterprise number 0448.976.376
Legal form Private limited company
Status Active, normal situation
Founded 21-12-1992
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-01-2023 (in Dutch)

Registered office and establishments

Registered office Reevijver 31, 9840 Nazareth-De Pinte, Belgium
Establishment unit CHANGEFOCUS, Reevijver 31, 9840 Nazareth-De Pinte since 05-01-1993 · unit number 2.060.243.376 6920101 Certified accountants and tax accountants

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
Codes under NACEBEL 2003
74142 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het leveren van management advies op vlak van innovatie, technologie, strategie, HR, financiën, IСТ, marketing, onderhandelingen; Het geven…”
11 activities
  1. Het leveren van management advies op vlak van innovatie, technologie, strategie, HR, financiën, IСТ, marketing, onderhandelingen;
  2. Het geven van trainingen en ccaching op vlak van innovatie, technologie, strategie, HR, financiën, ICT, marketing, onderhandelingen,
  3. Het beleggen, intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi-) publiekrechtelijk statuut.
  4. De aankoop en de verkoop van alle onbebouwde en bebouwde onroerende goederen van alle aard en voor alle bestemmingen, het verkavelen, uitrusten, inrichten en tot waarde brengen op alle mogelijke wijzen van alle onbebouwde onroerende goederen, het bouwen, verbouwen, aanpassen, herstellen van alle gebouwen en constructies bij middel van alle technieken en in alle stadia van afwerking.
  5. Het huren, verhuren, leasen en uitbaten op alle mogelijke wijzen van alle mogelijke onbebouwde en bebouwde onroerende goederen.
  6. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van een onroerend patrimonium, alsook van een roerend patrimonium doch dit slechts voor eigen rekening.
  7. De vennootschap mag alle verbintenissen aangaan, kredieten en leningen toestaan aan haar aandeelhouders en/of bestuurders, zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
  8. Het waarnemen van bestuurdersmandaten in andere vennootschappen.
  9. De vennootschap mag samenwerken met of deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in ondernemingen van allerlei aard, alle verbintenissen aangaan, onroerende goederen kopen en verkopen, kredieten en leningen aangaan en toestaan, zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven.
  10. De vennootschap mag alle industriële en handelsverrichtingen en verhandelingen van onroerende, roerende of financiële aard uitvoeren die rechtstreeks of onrechtstreeks bij haar voorwerp aansluiten. Zij mag verrichtingen van roerende en onroerende huur aangaan. De vennootschap mag haar voorwerp verwezenlijken op alle wijzen die zij best geschikt acht, voor eigen rekening of voor rekening van derden, zo in België als in het buitenland. Zij mag deelnemen aan de bedrijvigheid van andere vennootschappen met hetzelfde of verwant voorwerp, door inbreng, fusie of hoe dan ook. Zij mag haar goederen verpanden tot waarborg van verbintenissen van derden voor wie zij borgstelling willen vertenen.
  11. De vennootschap zal alle burgerlijke, industriële, commerciële, financiële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp, die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden, en die daartoe noodzakelijk zijn, nuttig of zelfs alleen maar bevorderend. De vennootschap kan optreden als bestuurder of vereffenaar in andere vennootschappen.
deed of 11-01-2023 (in Dutch)

Invoicing and payment

VAT number BE 0448.976.376
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0448976376

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“ARTIKEL VIJFTIEN: VERGOEDING VAN HET BESTUURSORGAAN (...) ARTIKEL ZESTIEN: CONTROLE Wanneer het door de wet vereist is en binnen de…”
deed of 11-01-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
780 m²
Building footprint
124 m²
Building volume
722 m³
Cadastral parcel Region Area Buildings Height / floors
44012B0590/00G000 Flanders 780 m² 1 · 124 m² 8.8 m · 2