"ChangeWorx"
Active"ChangeWorx" has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-45k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
16
/ 100
Critical▲ +9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency33=
Growth32=
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.3 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-157.7%
Return on assets
12.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 31523 sector peers (2025).
NBB · sector comparisonPosition among 31523 sector peers
Solvency
better than 5%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 d early
2024
6 d early
2023
6 d early
2022
17 d early
2021
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-45k▲ 7.1%
2024 · €-48k
2021: €81k
2022: €146k
2023: €180k
2024: €-48k
2021 → 2025
Total assets
€28k▼ 11.1%
2024 · €32k
2021: €107k
2022: €172k
2023: €229k
2024: €32k
2021 → 2025
Net result
€3k
2024 · €-228k
2021: €77k
2022: €65k
2023: €34k
2024: €-228k
2021 → 2025
Working capital
€-54k▲ 4.7%
2024 · €-56k
2021: €77k
2022: €136k
2023: €170k
2024: €-56k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€146k▲ 79.4%€180k▲ 23.5%€-48k€-45k▲ 7.1%
Operating result€99k-€85k▼ 13.4%€47k▼ 44.9%€-226k€5k
Net result€77k-€65k▼ 15.7%€34k▼ 47.5%€-228k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €226k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€9k▲ 10.3%
Current assets
€20k▼ 18.1%
Key figures and ratios
EBITDA
€7k▲
2024 · €-224k
Cash flow
€6k▲
2024 · €-226k
Solvency
-157.7%▼
2024 · -150.9%
Current ratio
0.27▼
2024 · 0.30
Quick ratio
0.27▼
2024 · 0.30
Debt / equity
-1.63▲
2024 · -1.66
ROE
-7.7%▼
2024 · 472.3%
ROA
12.1%▲
2024 · -712.7%
Interest coverage
4.89▲
2024 · -100.15
Debt
€73k▼
2024 · €80k
Debt ≤ 1 year
€73k▼
2024 · €80k
Income taxes
€193▼
2024 · €251
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€32k€28k▼
Fixed assets21/28€8k€9k▲
Tangible fixed assets22/27€8k€9k▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€0€3k▲
Other tangible fixed assets26€2k€1k▼
Current assets29/58€24k€20k▼
Amounts receivable within one year40/41€310€2k▲
Trade receivables40€0-
Other amounts receivable41€310€2k▲
Cash at bank and in hand54/58€7k€16k▲
Deferred charges and accrued income490/1€17k€2k▼
Equity and liabilities
Total equity and liabilities10/49€32k€28k▼
Equity10/15€-48k€-45k▲
Contributions10/11€5k€5k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-53k€-50k▲
Amounts payable17/49€80k€73k▼
Amounts payable within one year42/48€80k€73k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€10k€193▼
Taxes450/3€10k€193▼
Other amounts payable47/48€68k€71k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€82k€0▼
Other operating charges640/8€785€1k▲
Gross operating margin9900€-141k€8k▲
Operating profit (loss)9901€-226k€5k▲
Financial income75/76B€97€9▼
Recurring financial income75€97€9▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-228k€4k▲
Income taxes67/77€251€193▼
Profit (loss) for the period9904€-228k€3k▲
Profit (loss) for the period to be appropriated9905€-228k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-228k€-50k▲
Profit (loss) brought forward from the previous period14P-€-53k
Transfer from equity791/2€175k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-228k ▼767%
Net result drops to €-228k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €180k ▲23.5%
3 profitable years in a row build equity to €180k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €146k ▲79.4%
2 profitable years in a row build equity to €146k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kampenhout · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sparrendreef 11910 KampenhoutGround area
1,259 m²
Building footprint
185 m²
Volume, LiDAR
939 m³
Parcel 23038A0409/00K002, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
"ChangeWorx"
since 20212.311.888.991
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038A0409/00K002 | Flanders | 1,259 m² | 1 · 185 m² | 14.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
NAPERO
BE 0758.696.881
Beringen · Eq €180k
ON PURPOSE
BE 0840.626.843
Vorst · Eq €180k
LoDoSaRo
BE 0784.228.964
Brasschaat · Eq €180k
AGRO GRANGE SERVICES
BE 0750.805.437
Dinant · Eq €180k
INNODOOR
BE 0465.973.548
Oudenaarde · Eq €180k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.