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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 13.5% (high). 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.

Overview

Activity
Activity not known1 site
Size
€3,782total assets 2022
Equity
-€8,377
Loss
-€217
Turnover not published (abridged schema)
Financial health
Bankruptcy chance 12 m
13.5%
2022 figures too old to score
Structure
Accounts 798 d overdue0 of 1 deed read
Signals- Figures for FY 2022 (filed 29-08-2023)- No main activity registered- 3 financial years not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late- Two or more financial years not filed+ Size: total assets €3,782Filed after the deadlineShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 0=
equity -221.5% of total assets
Liquidity 0=
short-term debt 215.7%
Profitability 18+18
return on assets -5.7%
Bankruptcy probability, 12 months
13.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.5%lowest value 12-2024: 8.8%▲ +17.1% vs 11-2024 01-2025: 11.3%▲ +28.7% vs 12-2024 02-2025: 11.4%▲ +0.8% vs 01-2025 03-2025: 11.5%▲ +1.1% vs 02-2025 04-2025: 11.1%▼ -3.5% vs 03-2025 05-2025: 11.1%● 0.0% vs 04-2025 06-2025: 10.9%▼ -2.0% vs 05-2025 07-2025: 10.9%● 0.0% vs 06-2025 08-2025: 11.2%▲ +3.0% vs 07-2025 09-2025: 14.5%▲ +29.2% vs 08-2025highest value 10-2025: 14.5%● 0.0% vs 09-2025highest value 11-2025: 14.5%● 0.0% vs 10-2025highest value 12-2025: 14.5%● 0.0% vs 11-2025highest value 01-2026: 14.5%● 0.0% vs 12-2025highest value 02-2026: 14.5%● 0.0% vs 01-2026highest value 03-2026: 14.5%● 0.0% vs 02-2026highest value 04-2026: 14.5%● 0.0% vs 03-2026highest value 05-2026: 14.5%● 0.0% vs 04-2026highest value 06-2026: 14.5%● 0.0% vs 05-2026highest value 07-2026: 14.4%▼ -0.4% vs 06-2026 08-2026: 13.7%▼ -4.9% vs 07-2026 09-2026: 13.7%● 0.0% vs 08-2026 10-2026: 13.5%▼ -1.6% vs 09-2026
  • Figures for FY 2022 (filed 29-08-2023) raises the probability
  • Size: total assets €3,782 lowers the probability for this profile
  • No main activity registered raises the probability
  • 3 financial years not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late raises the probability
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2022 (filed 29-08-2023)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €3,782
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
raises risk · 3 financial years not filed after the legal deadline; latest accounts 29 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
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 deadline07-10-2026 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
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Annual accounts filedfiscal year 2021 · micro…
  3. Annual accounts filedfiscal year 2020 · micro…

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

2019 to 2022, 4 fiscal years

The operating result returns to profit in 2022: €445 after a loss of €9,191 in 2021, the highest result in the available series.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€445 2022 Net result-€217 2022

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.

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.
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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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

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

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

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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Register details

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

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 6 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

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 2018unit no. 2.282.071.884
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.