Changing Gear
ActiveChanging Gear has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €47k. Equity is growing by ~51.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
93
/ 100
Excellent▲ +13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+19
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 1.29 in 2023), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
35 d early
2022
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€115k▲ 68.2%
2023 · €68k
2022: €44k
2023: €68k
2022 → 2024
Total assets
€161k▲ 25.1%
2023 · €128k
2022: €97k
2023: €128k
2022 → 2024
Net result
€47k▲ 91.5%
2023 · €24k
2022: €41k
2023: €24k
2022 → 2024
Working capital
€64k▲ 265%
2023 · €18k
2022: €19k
2023: €18k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€44k-€68k▲ 55.3%€115k▲ 68.2%
Operating result€52k-€36k▼ 31.2%€61k▲ 69.1%
Net result€41k-€24k▼ 40.7%€47k▲ 91.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 69% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161k
Fixed assets
€51k=
Current assets
€110k▲ 41.5%
Equity and liabilities €161k
Equity
€115k▲ 68.2%
Debt
€46k▼ 23.8%
The debt ratio falls from 46.8% to 28.5%: equity grows while debt is paid down.
Key figures and ratios
Solvency
71.5%▲
2023 · 53.2%
Current ratio
2.40▲
2023 · 1.29
Quick ratio
2.40▲
2023 · 1.29
Debt / equity
0.40▼
2023 · 0.88
ROE
40.5%▲
2023 · 35.6%
ROA
29.0%▲
2023 · 18.9%
Debt
€46k▼
2023 · €60k
Debt ≤ 1 year
€46k▼
2023 · €60k
Income taxes
€15k▲
2023 · €11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€128k€161k▲
Fixed assets21/28€51k€51k=
Financial fixed assets28€51k€51k=
Current assets29/58€78k€110k▲
Amounts receivable within one year40/41€70k€58k▼
Trade receivables40€30k-
Other amounts receivable41€40k€58k▲
Cash at bank and in hand54/58€8k€52k▲
Equity and liabilities
Total equity and liabilities10/49€128k€161k▲
Equity10/15€68k€115k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€65k€112k▲
Amounts payable17/49€60k€46k▼
Amounts payable within one year42/48€60k€46k▼
Trade debts44€373€172▼
Suppliers440/4€373€172▼
Taxes, remuneration and social security45€28k€21k▼
Taxes450/3€28k€21k▼
Other amounts payable47/48€31k€24k▼
Income statement
Code20232024
Other operating charges640/8€1k€1k▼
Gross operating margin9900€37k€62k▲
Operating profit (loss)9901€36k€61k▲
Financial income75/76B€775€1k▲
Recurring financial income75€775€1k▲
Financial charges65/66B€1k€868▼
Recurring financial charges65€1k€868▼
Profit (loss) for the period before taxes9903€35k€61k▲
Income taxes67/77€11k€15k▲
Profit (loss) for the period9904€24k€47k▲
Profit (loss) for the period to be appropriated9905€24k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€112k▲
Profit (loss) brought forward from the previous period14P€41k€65k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €47k ▲91.5%
Operating result €61k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲68.2%
3 profitable years in a row build equity to €115k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €24k ▼40.7%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Schoten · 1 establishment unit since 2022
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.
Alpenroosbaan 172900 SchotenGround area
1,055 m²
Building footprint
123 m²
Volume, LiDAR
636 m³
Parcel 11040A0032/00C068, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Changing Gear
since 20222.331.911.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0032/00C068 | Flanders | 1,055 m² | 1 · 123 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 303 EUR awarded · 303 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 303 EUR | 303 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Blackbird Creek
BE 0467.044.211
Merelbeke-Melle · Eq €115k
SIFRAMA
BE 0752.515.805
Moorslede · Eq €115k
STEFRE
BE 0474.752.741
Wijnegem · Eq €115k
Management, Business and Partnerships
BE 0556.748.524
Wemmel · Eq €115k
ADVICE ID
BE 0820.703.241
Evergem · Eq €115k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,666 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47120Other non-specialised retail sale
47910Retail trade
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.