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MAKE A DIFFERENCE

Active
Private limited company (pre-2019)founded 20187 yrs activeRoeselarestraat(ONK) 7, 8840 Staden, BelgiumKBO/BCE: BE 0708.942.217
Summary

The computed 12-month bankruptcy probability of MAKE A DIFFERENCE is 9.3% (elevated). For MAKE A DIFFERENCE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€8,377) and a net result of -€217. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability18▲+18
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
9.3% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022
Age of the figures
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d late
2021
374 d late
2020
25 d late
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 99 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 October 2018, MAKE A DIFFERENCE was incorporated.1 Total assets went from EUR 29,842 in 2019 to EUR 3,782 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022

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Financials · fiscal year 2022, micro schema

Equity
-€8,377▼ 2.7%
2021 · -€8,160
Total assets
€3,782▼ 0.4%
2021 · €3,796
Net result
-€217▲ 97.8%
2021 · -€9,780
Working capital
-€4,377▲ 44.8%
2021 · -€7,935
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result-€1,848--€12,172▼ 559%-€9,191▲ 24.5%€445
Net result-€1,944--€12,836▼ 560%-€9,780▲ 23.8%-€217▲ 97.8%
Equity€10,456--€2,380-€8,160▼ 243%-€8,377▼ 2.7%
Total assets€29,842-€13,575▼ 54.5%€3,796▼ 72.0%€3,782▼ 0.4%
Debt€15,386-€11,955▼ 22.3%€7,956▼ 33.5%€8,159▲ 2.6%
Working capital-€3,517--€8,972▼ 155%-€7,935▲ 11.6%-€4,377▲ 44.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2019: -€1,848-€1,848Net result 2019: -€1,944-€1,944Operating result 2020: -€12,172-€12,172Net result 2020: -€12,836-€12,836Operating result 2021: -€9,191-€9,191Net result 2021: -€9,780-€9,780Operating result 2022: €445€445Net result 2022: -€217-€2172019202020212022-€15,000-€10,000-€5,000€0Operating result 2020: -€12,172-€12,200Net result 2020: -€12,836-€12,800Operating result 2021: -€9,191-€9,190Net result 2021: -€9,780-€9,780Operating result 2022: €445€445Net result 2022: -€217-€217202020212022
The operating result returns to profit in 2022: €445 after a loss of €9,191 in 2021, the highest result in the available series.
Key figures and ratios
2022 value · change against 2021
EBITDA
€445▲
2021 · -€2,374
Cash flow
-€217▲
2021 · -€2,963
Interest coverage
0.75▲
2021 · -4.05
Debt ≤ 1 year
€8,159▲
2021 · €7,956
Income taxes
€120▲
2021 · €97
Ratios withheld: a balance sheet total of €3,782 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 37 lines
Balance sheet Code20212022
Assets
Total assets20/58€3,796€3,782▼
Fixed assets21/28€3,775€0▼
Tangible fixed assets22/27€3,775€0▼
Furniture and vehicles24€3,775€0▼
Current assets29/58€21€3,782▲
Amounts receivable within one year40/41€21€3,782▲
Other amounts receivable41€21€3,782▲
Equity and liabilities
Total equity and liabilities10/49€3,796€3,782▼
Equity10/15-€8,160-€8,377▼
Contributions10/11€16,400€16,400=
Profit (loss) carried forward14-€24,560-€24,777▼
Provisions and deferred taxes16€4,000€4,000=
Provisions for liabilities and charges160/5€4,000€4,000=
Other liabilities and charges164/5€4,000€4,000=
Amounts payable17/49€7,956€8,159▲
Amounts payable within one year42/48€7,956€8,159▲
Financial debts43€4,964€5,199▲
Credit institutions430/8€4,964€5,199▲
Trade debts44€2,777€2,041▼
Suppliers440/4€2,777€2,041▼
Taxes, remuneration and social security45€214€919▲
Taxes450/3€214€919▲
Income statement Code20212022
Non-recurring operating income76A-€2,225
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,817€0▼
Other operating charges640/8€464€100▼
Gross operating margin9900-€1,910€545▲
Operating profit (loss)9901-€9,191€445▲
Financial income75/76B€94€53▼
Recurring financial income75€94€53▼
Financial charges65/66B€586€595▲
Recurring financial charges65€586€595▲
Profit (loss) for the period before taxes9903-€9,683-€97▲
Income taxes67/77€97€120▲
Profit (loss) for the period9904-€9,780-€217▲
Profit (loss) for the period to be appropriated9905-€9,780-€217▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,560-€24,777▼
Profit (loss) brought forward from the previous period14P-€14,780-€24,560▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Non-recurring operating income76A---€2,225-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,039€7,381€6,817€0▼ 100%
Other operating charges640/8--€464€100▼ 78.4%
Gross operating margin9900€32,919-€4,523-€1,910€545▲ 129%
Operating profit (loss)9901-€1,848-€12,172-€9,191€445▲ 105%
Financial income75/76B--€94€53▼ 43.5%
Recurring financial income75€232€412€94€53▼ 43.5%
Financial charges65/66B--€586€595▲ 1.5%
Recurring financial charges65€174€982€586€595▲ 1.5%
Profit (loss) for the period before taxes9903-€1,790-€12,742-€9,683-€97▲ 99.0%
Income taxes67/77€154€94€97€120▲ 24.5%
Profit (loss) for the period9904-€1,944-€12,836-€9,780-€217▲ 97.8%
Profit (loss) for the period to be appropriated9905-€1,944-€12,836-€9,780-€217▲ 97.8%
Line2019202020212022Change
Assets
Total assets20/58€29,842€13,575€3,796€3,782▼ 0.4%
Fixed assets21/28€17,973€10,592€3,775€0▼ 100%
Tangible fixed assets22/27€17,973€10,592€3,775€0▼ 100%
Furniture and vehicles24--€3,775€0▼ 100%
Current assets29/58€11,869€2,984€21€3,782▲ 18,330%
Amounts receivable within one year40/41€10,514€2,984€21€3,782▲ 18,330%
Other amounts receivable41--€21€3,782▲ 18,330%
Equity and liabilities
Total equity and liabilities10/49€29,842€13,575€3,796€3,782▼ 0.4%
Equity10/15€10,456-€2,380-€8,160-€8,377▼ 2.7%
Contributions10/11€12,400-€16,400€16,400=
Profit (loss) carried forward14-€1,944-€14,780-€24,560-€24,777▼ 0.9%
Provisions and deferred taxes16€4,000€4,000€4,000€4,000=
Provisions for liabilities and charges160/5--€4,000€4,000=
Other liabilities and charges164/5--€4,000€4,000=
Amounts payable17/49€15,386€11,955€7,956€8,159▲ 2.6%
Amounts payable within one year42/48€15,386€11,955€7,956€8,159▲ 2.6%
Financial debts43--€4,964€5,199▲ 4.7%
Credit institutions430/8--€4,964€5,199▲ 4.7%
Trade debts44€3,420€4,303€2,777€2,041▼ 26.5%
Suppliers440/4--€2,777€2,041▼ 26.5%
Taxes, remuneration and social security45--€214€919▲ 330%
Taxes450/3--€214€919▲ 330%
Line2019202020212022Change
Profit (loss) for the period9904-€1,944-€12,836-€9,780-€217▲ 97.8%
+ Depreciation and write-downs630€9,039€7,381€6,817€0▼ 100%
Operating cash flow (approximation)€7,096-€5,455-€2,963-€217▲ 92.7%
Investment in fixed assets (approximation)-€0€0€3,775-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
09-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 374 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Weakest financial yearnet -€12,836
Net result drops to -€12,836, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Staden · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,574 m²
Building footprint
536 m²
Volume, LiDAR
4,831 m³
Parcel 36014C0102/00M000, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MAKE A DIFFERENCE
Roeselarestraat(ONK) 7, 8840 StadenInstallation of industrial machinery and equipment
since 20182.282.071.884
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36014C0102/00M000 Flanders 1,574 m² 1 · 536 m² 15.6 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded11-10-2018
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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