CHANGEFOCUS
0448.976.376 · rovalta.com · 22/09/2026
ACTIVE
CHANGEFOCUS
Financial year 2024 · closed on 31/12/2024
Net result
45,1 k €
+678.2% YoY
Gross margin
21,7 k €
-10.7% YoY
Equity
375,2 k €
+13.7% YoY
Overview
What does CHANGEFOCUS do?
CHANGEFOCUS is a Private limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Nazareth-De Pinte.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.976.376
Incorporation
21/12/1992
Legal form
Private limited company
Registered office
Reevijver 31
9840 Nazareth-De Pinte · FlandreSee on map
9840 Nazareth-De Pinte · FlandreSee on map
Contributed capital
37 200,00 €
Latest accounts
31/12/2024
Activities (NACE)
Joint committees (1)
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2024 | 2023 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 21,7 k € | -10.7% | 24,2 k € | -24.3% | 32 k € | +564% | -6,9 k € | -169% | 10 k € | -96.6% | 293,6 k € | +36.2% | 215,5 k € | +2368% | -9,5 k € | -123% | 41,8 k € | -1.5% | 42,5 k € | +99.1% | 21,3 k € | -26.9% | 29,2 k € | -64.8% | 82,9 k € | +86.2% | 44,5 k € | -34.5% | 68 k € | +50.6% | 45,2 k € | -32.2% | 66,7 k € |
| EBITDA | 18,1 k € | +8.7% | 16,7 k € | +9.6% | 15,2 k € | +141% | -37,3 k € | -85.0% | -20,2 k € | -108% | 238,5 k € | +19.6% | 199,4 k € | +1767% | -12 k € | -131% | 38 k € | -4.2% | 39,7 k € | +121% | 17,9 k € | -32.0% | 26,4 k € | -67.0% | 79,8 k € | +91.5% | 41,7 k € | -33.8% | 62,9 k € | +49.2% | 42,2 k € | -33.8% | 63,7 k € |
| Operating result | 11,6 k € | +4.7% | 11,1 k € | -7.6% | 12 k € | +130% | -40,4 k € | -73.0% | -23,3 k € | -110% | 236 k € | +22.4% | 192,8 k € | +911% | -23,8 k € | -196% | 24,8 k € | +25.6% | 19,7 k € | +2982% | -685,1 € | -111% | 6,4 k € | -89.3% | 60,3 k € | +145% | 24,6 k € | -42.8% | 43 k € | +74.7% | 24,6 k € | -44.8% | 44,6 k € |
| Net result | 45,1 k € | +678% | 5,8 k € | -69.5% | 19 k € | +206% | -18 k € | +20.3% | -22,5 k € | -114% | 160 k € | +22.1% | 131 k € | +833% | -17,9 k € | -205% | 17,1 k € | +502% | 2,8 k € | +163% | -4,5 k € | -241% | 3,2 k € | -91.3% | 37,1 k € | +149% | 14,9 k € | -41.7% | 25,6 k € | +164% | 9,7 k € | -69.9% | 32,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 375,2 k € | +13.7% | 330 k € | +36.4% | 241,9 k € | +1.7% | 237,9 k € | -20.1% | 297,8 k € | -7.0% | 320,4 k € | -18.3% | 391,9 k € | +50.2% | 260,9 k € | -6.4% | 278,8 k € | +6.5% | 261,7 k € | -7.6% | 283,2 k € | -1.6% | 287,7 k € | +1.1% | 284,5 k € | +15.0% | 247,4 k € | +6.4% | 232,5 k € | +12.4% | 206,9 k € | +4.9% | 197,3 k € |
| Total assets | 399,7 k € | +13.9% | 351 k € | +3.5% | 339,1 k € | -8.9% | 372,2 k € | -13.7% | 431,5 k € | -15.2% | 508,6 k € | +3.6% | 491 k € | +64.7% | 298,2 k € | -3.2% | 308 k € | +14.0% | 270,2 k € | -16.8% | 324,7 k € | +1.0% | 321,4 k € | -1.4% | 326 k € | +6.6% | 305,8 k € | -7.6% | 331,1 k € | -1.4% | 335,7 k € | -0.3% | 336,8 k € |
| Cash | 86,9 k € | -38.5% | 141,4 k € | -30.4% | 203,2 k € | -9.0% | 223,2 k € | +36.0% | 164,1 k € | -45.9% | 303,3 k € | +22.8% | 247 k € | +861% | 25,7 k € | -53.9% | 55,8 k € | -21.1% | 70,7 k € | -26.5% | 96,2 k € | +71.5% | 56,1 k € | +340% | 12,8 k € | -14.1% | 14,9 k € | -24.1% | 19,6 k € | -32.5% | 29 k € | +66.0% | 17,5 k € |
| Debts | 24,5 k € | +16.9% | 20,9 k € | -78.5% | 97,2 k € | -27.7% | 134,4 k € | +276% | 35,8 k € | -60.4% | 90,3 k € | +178% | 32,6 k € | -12.7% | 37,3 k € | +27.7% | 29,2 k € | +244% | 8,5 k € | -79.6% | 41,5 k € | +23.2% | 33,7 k € | -18.1% | 41,1 k € | -28.5% | 57,6 k € | -40.7% | 97,1 k € | -22.5% | 125,3 k € | -8.0% | 136,1 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,1 ETP | – | – | ||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 2 ended
Active mandates
Marc Devisch
ActiveEnded mandates
Marc Devisch
EndedMarc Devisch
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/08/2025 | 27/05/2024 | 24/07/2023 | 16/03/2022 | 14/04/2021 | 06/07/2020 |
| General meeting | 01/05/2025 | 01/03/2024 | 01/03/2023 | 01/03/2022 | 01/03/2021 | 02/03/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 01/05/2025 | 27/08/2025 | Dutch | |
| Micro model | 31/12/2023 | 01/03/2024 | 27/05/2024 | Dutch | |
| Micro model | 31/12/2022 | 01/03/2023 | 24/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 01/03/2022 | 16/03/2022 | Dutch | |
| Micro model | 31/12/2020 | 01/03/2021 | 14/04/2021 | Dutch | |
| Micro model | 31/12/2019 | 02/03/2020 | 06/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 01/03/2019 | 27/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 01/03/2018 | 30/07/2018 | Dutch | |
| Micro model | 31/12/2016 | 01/03/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/05/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 19/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/06/2011 | 28/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 01/03/2010 | 09/03/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/03/2009 | 30/03/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/03/2008 | 27/03/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 2 ended
Active mandates
Marc Devisch
ActiveEnded mandates
Marc Devisch
EndedMarc Devisch
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring11/01/2023KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - WIJZIGING RECHTSVORM
- Restructuring14/11/2022RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Capital / shares17/01/2018KAPITAAL - AANDELEN
- Registered office29/01/2015BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares02/12/2013KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares18/08/2004KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202445,1 k €↑
- 2023Annual accounts 20235,8 k €↓
- 2020Annual accounts 202019 k €↑
- 2019Annual accounts 2019-18 k €↑
- 2018Annual accounts 2018-22,5 k €↓
- 2017Annual accounts 2017160 k €↑
- 2016Annual accounts 2016131 k €↑
- 2015Annual accounts 2015-17,9 k €↓
- 2014Annual accounts 201417,1 k €↑
- 2013Annual accounts 20132,8 k €↑
- 2012Annual accounts 2012-4,5 k €↓
- 2011Annual accounts 20113,2 k €↓
- 2010Annual accounts 201037,1 k €↑
- 2009Annual accounts 200914,9 k €↓
- 2008Annual accounts 200825,6 k €↑
- 2007Annual accounts 20079,7 k €↓
- 2006Annual accounts 200632,1 k €
- 21/12/1992IncorporationPrivate limited company