Changers
InactiveInactive since 01-07-2026; last annual accounts for fiscal year 2024. Dissolved without liquidation.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
on the day
2022
on the day
2021
44 d early
2020
9 d early
2019
56 d late
← 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 5 days after 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 (1)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?VISMA AS · 21 companies How is the Other information technology and computer services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€161,730▲ 6.9%
2023 · €151,267
Total assets
€192,166▼ 22.2%
2023 · €246,971
Net result
€10,463▼ 83.6%
2023 · €63,605
Working capital
€19,895▲ 393%
2023 · €4,034
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-€12,863▲ 87.3%-€4,895▲ 61.9%-€38,231▼ 681%€64,846€11,953▼ 81.6%
Net result-€12,953below the sector's middle half▲ 87.4%-€6,663below the sector's middle half▲ 48.6%-€39,582below the sector's middle half▼ 494%€63,605within the sector's middle half€10,463within the sector's middle half▼ 83.6%
Equity€133,907within the sector's middle half▼ 8.8%€127,244within the sector's middle half▼ 5.0%€87,663within the sector's middle half▼ 31.1%€151,267within the sector's middle half▲ 72.6%€161,730within the sector's middle half▲ 6.9%
Total assets€186,784within the sector's middle half▲ 11.8%€163,438below the sector's middle half▼ 12.5%€190,256below the sector's middle half▲ 16.4%€246,971within the sector's middle half▲ 29.8%€192,166below the sector's middle half▼ 22.2%
Debt€52,877▲ 162%€36,194▼ 31.6%€102,594▲ 183%€95,703▼ 6.7%€30,436▼ 68.2%
Working capital€43,686within the sector's middle half▲ 77.2%-€13,872below the sector's middle half-€51,753below the sector's middle half▼ 273%€4,034within the sector's middle half€19,895within the sector's middle half▲ 393%
Solvency71.7%above the sector's middle half▼ 16.2pp77.9%above the sector's middle half▲ 6.2pp46.1%within the sector's middle half▼ 31.8pp61.2%within the sector's middle half▲ 15.2pp84.2%above the sector's middle half▲ 22.9pp
Current ratio2.87within the sector's middle half▲ 0.650.62below the sector's middle half▼ 2.250.50below the sector's middle half▼ 0.121.04within the sector's middle half▲ 0.551.65within the sector's middle half▲ 0.61
Return on assets (ROA)-6.9%below the sector's middle half▲ 54.8pp-4.1%below the sector's middle half▲ 2.9pp-20.8%below the sector's middle half▼ 16.7pp25.8%above the sector's middle half▲ 46.6pp5.4%within the sector's middle half▼ 20.3pp
Staff (FTE)1below the sector's middle half▲ 100%0.9below the sector's middle half▼ 10.0%0below the sector's middle half▼ 100%0.8below the sector's middle half1within the sector's middle half▲ 25.0%
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 82% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192,166
Fixed assets
€141,835 ▼ 3.7%
Current assets
€50,331 ▼ 49.5%
Equity and liabilities €192,166
Equity
€161,730 ▲ 6.9%
Debt
€30,436 ▼ 68.2%
Debt's share of the balance-sheet total falls from 38.8% to 15.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71,204▼
2023 · €124,231
Cash flow
€69,713▼
2023 · €122,990
Debt to equity
0.19▼
2023 · 0.63
ROE
6.5%▼
2023 · 42.0%
Interest coverage
53.46▼
2023 · 104.93
Debt ≤ 1 year
€30,436▼
2023 · €95,703
Income taxes
€264▲
2023 · €64
Staff costs
€61,066▲
2023 · €45,289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €44,195 | €33,275 | €45,289 | €61,066 | ▲ 34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,279 | €40,835 | €51,750 | €59,385 | €59,251 | ▼ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2,257 | - |
| Other operating charges640/8 | - | €992 | €938 | €715 | €8,010 | ▲ 1,020% |
| Non-recurring operating charges66A | - | €213 | €0 | - | - | - |
| Gross operating margin9900 | €59,883 | €81,341 | €47,733 | €170,236 | €142,537 | ▼ 16.3% |
| Operating profit (loss)9901 | -€12,863 | -€4,895 | -€38,231 | €64,846 | €11,953 | ▼ 81.6% |
| Financial income75/76B | - | €5 | €0 | €7 | €105 | ▲ 1,391% |
| Recurring financial income75 | €942 | €5 | €0 | €7 | €105 | ▲ 1,391% |
| Financial charges65/66B | - | €1,693 | €1,351 | €1,184 | €1,332 | ▲ 12.5% |
| Recurring financial charges65 | €891 | €1,693 | €1,351 | €1,184 | €1,332 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | -€12,812 | -€6,584 | -€39,582 | €63,669 | €10,726 | ▼ 83.2% |
| Income taxes67/77 | €140 | €79 | €0 | €64 | €264 | ▲ 311% |
| Profit (loss) for the period9904 | -€12,953 | -€6,663 | -€39,582 | €63,605 | €10,463 | ▼ 83.6% |
| Profit (loss) for the period to be appropriated9905 | -€12,953 | -€6,663 | -€39,582 | €63,605 | €10,463 | ▼ 83.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €186,784 | €163,438 | €190,256 | €246,971 | €192,166 | ▼ 22.2% |
| Formation expenses20 | €634 | €0 | - | - | - | - |
| Fixed assets21/28 | €119,104 | €141,116 | €139,415 | €147,233 | €141,835 | ▼ 3.7% |
| Intangible fixed assets21 | €118,401 | €140,866 | €139,115 | €141,206 | €138,027 | ▼ 2.3% |
| Tangible fixed assets22/27 | €503 | €0 | - | €5,727 | €3,507 | ▼ 38.8% |
| Furniture and vehicles24 | - | €0 | - | €5,727 | €3,507 | ▼ 38.8% |
| Financial fixed assets28 | €200 | €250 | €300 | €300 | €300 | = |
| Current assets29/58 | €67,047 | €22,322 | €50,841 | €99,737 | €50,331 | ▼ 49.5% |
| Amounts receivable within one year40/41 | €45,219 | €16,393 | €4,534 | €4,103 | €10,585 | ▲ 158% |
| Trade receivables40 | - | €15,881 | €4,158 | €2,936 | €8,867 | ▲ 202% |
| Other amounts receivable41 | - | €512 | €376 | €1,167 | €1,718 | ▲ 47.2% |
| Cash at bank and in hand54/58 | €20,288 | €3,592 | €44,772 | €94,764 | €38,653 | ▼ 59.2% |
| Deferred charges and accrued income490/1 | - | €2,337 | €1,535 | €871 | €1,093 | ▲ 25.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €186,784 | €163,438 | €190,256 | €246,971 | €192,166 | ▼ 22.2% |
| Equity10/15 | €133,907 | €127,244 | €87,663 | €151,267 | €161,730 | ▲ 6.9% |
| Contributions10/11 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Profit (loss) carried forward14 | -€116,093 | -€122,756 | -€162,337 | -€98,733 | -€88,270 | ▲ 10.6% |
| Amounts payable17/49 | €52,877 | €36,194 | €102,594 | €95,703 | €30,436 | ▼ 68.2% |
| Amounts payable within one year42/48 | €23,361 | €36,194 | €102,594 | €95,703 | €30,436 | ▼ 68.2% |
| Financial debts43 | - | €204 | €111 | €158 | €149 | ▼ 5.7% |
| Credit institutions430/8 | - | €204 | - | - | €149 | - |
| Other loans439 | - | - | €111 | €158 | - | - |
| Trade debts44 | €611 | €1,859 | €1,429 | €3,481 | €1,596 | ▼ 54.1% |
| Suppliers440/4 | - | €1,859 | €1,429 | €3,481 | €1,596 | ▼ 54.1% |
| Taxes, remuneration and social security45 | - | €5,434 | €9,255 | €722 | €10,011 | ▲ 1,287% |
| Taxes450/3 | - | €5,434 | €4,925 | €722 | €1,343 | ▲ 86.1% |
| Remuneration and social security454/9 | - | €0 | €4,330 | €0 | €8,668 | - |
| Other amounts payable47/48 | - | €28,698 | €91,799 | €91,342 | €18,679 | ▼ 79.6% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,953 | -€6,663 | -€39,582 | €63,605 | €10,463 | ▼ 83.6% |
| + Depreciation and write-downs630 | €31,279 | €40,835 | €51,750 | €59,385 | €59,251 | ▼ 0.2% |
| Operating cash flow (approximation) | €18,326 | €34,173 | €12,169 | €122,990 | €69,713 | ▼ 43.3% |
| Investment in fixed assets (approximation) | - | -€62,848 | -€50,050 | -€67,203 | -€53,852 | ▲ 19.9% |
| Change in cash | - | -€16,696 | €41,180 | €49,991 | -€56,110 | ▼ 212% |
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
2026
08-07
State Gazette act
Restructuring · End & cessationResignation: CONTROL F (sole director) · Permanent representative: VAN VLEM Filip Fernand Eliza · Merger8 facts ▸
State Gazette act
Restructuring · End & cessation
Resignation: CONTROL F (sole director) · Permanent representative: VAN VLEM Filip Fernand Eliza · Merger8 facts ▸
- General meeting, 01-06-2026
- Merger, geruisloze fusie, Overnemende vennootschap houdster van alle aandelen van de Overgenomen vennootschap
- Shareholding, DW INNOVATION
- Declaration, geen niet-stemgerechtigde effecten met bijzondere rechten
- Declaration, geen bijzonder voordeel aan bestuursorganen van beide vennootschappen
- Dissolution, merger, tot stand komen van de fusie
- Director resignation, CONTROL F (sole director)
- Permanent representative, VAN VLEM Filip Fernand Eliza (permanent representative)
05-05
State Gazette act
Statutes amendment · RestructuringPermanent representative: Filip Van Vlem · Merger · Shareholding23 facts ▸
State Gazette act
Statutes amendment · Restructuring
Permanent representative: Filip Van Vlem · Merger · Shareholding23 facts ▸
- Merger, met fusie door overneming gelijkgestelde verrichting, artikel 12:7, 1° WVV
- Board meeting, 03-04-2026
- Permanent representative, Filip Van Vlem (permanent representative)
- Permanent representative, Filip Van Vlem (permanent representative)
- Permanent representative, Filip Van Vlem (permanent representative)
- General meeting, ambt van notaris Lars Hansen te Antwerpen of enige andere notaris van het notariskantoor Deckers Notarissen BV
- Shareholding, 100
- Shareholding, 100
- Other statement, zakelijke en economische overwegingen voor de fusie, geen fiscaal motief
- Other statement, zakelijke en economische overwegingen, ICT-sector
- Other statement, verplichting tot fusie, bestuursorganen leggen in onderling overleg het Fusievoorstel vast
- Name clause, DW Innovation
- +11 further facts in this act
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €63,605
Net result €63,605 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.04
Current ratio from 0.50 to 1.04; short-term debt falls from €102,594 to €95,703.
31-12
Financial
Equity above €150,000Eq €151,267 ▲72.6%
Equity rises from €87,663 to €151,267.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
5 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen
Ground area
1,139 m²
Building footprint
226 m²
Volume, LiDAR
2,511 m³
Parcel 11002A0268/00B000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A0268/00B000 | Flanders | 1,139 m² | 1 · 226 m² | 14.2 m · 4 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CONTROL F |
|
Articles of association
Purpose
Het verlenen van computerconsultancy activiteiten; Verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijbehorende…
Full purpose (7 activities)
- Het verlenen van computerconsultancy activiteiten
- Verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie en de toepassing van bijbehorende programmatuur (software)
- Het ontwikkelen en in licentie geven van webportalen en digitale platformen
- Overige rechtskundige dienstverlening
- De vennootschap zal in het algemeen alle burgerlijke, financiële, industriële, roerende en onroerende handelingen mogen verrichten, in rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband met haar voorwerp of die van aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
- Zij mag door alle middelen belangen nemen in zaken, ondernemingen of vennootschappen met identiek, analoog of samenhangend voorwerp, of die van aard zijn de ontwikkeling van haar onderneming te bevorderen, haar grondstoffen te bezorgen of de afzet van haar producten in de hand te werken, zelfs met hen te fusioneren.
- De vennootschap mag zich voor haar bestuurders, aandeelhouders en derden borg stellen of aval verlenen, voorschotten of kredieten toestaan, hypothecaire en andere waarborgen verstrekken.
Accounting effect
01-01-2026
Structure & network
Part of the group
VISMA AS
21 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- VISMA ASNO
- Visma Belgium Holding
- DW Innovation
- Changers
Highest known parent: VISMA AS (Norway). The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:DW Innovation
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 08-07-2026 ↗
- DW INNOVATION (BE 0713.974.042) all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Public money · subsidies and aid
European Union, budget
2022 · 1 entry · 232,608 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 232,608 EUR |
Projects
I-ACCESS MYRIGHTS - I-ACCESS MYRIGHTS - AI-DRIVEN SUPPORT FOR A SMART JUSTICE WITH CHILDREN IN EUROPE
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,375 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
Founded23-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0694987875
Also
9925:BE0694987875
Registered
22-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.