SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Changes
Changes Spółka z Ograniczoną Odpowiedzialnością
SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Changes Spółka z Ograniczoną Odpowiedzialnością
Changes Spółka z Ograniczoną Odpowiedzialnością (KRS 0001004964, NIP 6972389810) is a Polish company, headquartered in Leszno, Wielkopolskie voivodeship. CHANGES operates in: Manufacture of other wearing apparel and accessories (PKD 14.19.Z). Industry: Apparel manufacturing. The company has been listed in the National Court Register since November 28, 2022. CHANGES's most recently reported net revenue was 659.7 K PLN for 2024.
No arrears identified in the analyzed sources
No arrears or bankruptcy proceedings identified in the analyzed sources.
Main activity
14.19.ZManufacture of other wearing apparel and accessories
Other activities
General codes (divisions and groups)
General codes indicate a PKD division or group without a specific subclass.
Credibility rating
66.3 / 100
Good credibility
Insolvency risk
Very low
Low threat
Closure risk
1
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
0
0/4 yrs
Board changes
0
0/4 yrs
PKD changes
0
0/4 yrs
Name changes
0
0/4 yrs
Data from 4 years of registry activity.
Payment reliability score from 2023–2024
Current: C (66/100)
Trend: improving (+5.2 pts/year)
Moderate payment credibility - the company is able to meet its obligations, but some indicators warrant caution.
Standard limit from 2023–2024
Current: 38.1 K PLN
Safe: 17.2 K PLN
Difference between risk models
Closure - probability of ceasing operations (operational continuity). Insolvency - probability of formal bankruptcy / restructuring. The models use different data - results can diverge significantly when balance-sheet data is incomplete.
Founded
November 28, 2022
3 years in operation
Legal form
SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Registry: RejP
Headquarters
LESZNO
WIELKOPOLSKIE
Primary PKD
14.19.Z
Manufacture of other wearing apparel and accessories
Share capital
5.0 K PLN
98 shares total
Shareholders
1
shareholder
Board
1 person
Filed years
2 years
2023–2024
Registry entries
8
latest: June 9, 2026
Revenue
659.7 K PLN
2024
Net profit
44.9 K PLN
2024
Assets
269.5 K PLN
2024
Equity
113.6 K PLN
2024
Valuation
286.7 K PLN
Medium confidence
Rate business credibility - Changes.
No ratings

Explainer
VRG S.A. (KRS 0000047082), headquartered at ul. Pilotów 10 in Kraków, is a Polish fashion-and-jewellery holding previously trading as Vistula Group (renamed in 2017). It operates five main brands: men's Vistula, Wólczanka, Bytom; women's Deni Cler; and jewellery W.KRUK. Listed on the WSE since the first half of the 1990s - one of Poland's longest-listed issuers. A three-member management board, a five-member supervisory board.

News
The LPP SA management board recommended a dividend of PLN 210 per share from 2025/26 fiscal-year profits - around PLN 388 m in total. At the current share price of PLN 21,880 the yield is just 1%, reflecting the growth-first strategy of a company controlled by the family of Marek Piechocki. Final dates will be set by the AGM in June 2026.
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
CHANGES's board has 1 member.
Latest reporting year
2025
Available years
3
Filing entries
0
6 historical registry entries for Changes
Registration in the Polish National Court Register
PO.IX NS-REJ.KRS/26282/22/20
Identifier change
PO.IX NS-REJ.KRS/26282/22/20/NIP
Identifier change
PO.IX NS-REJ.KRS/26282/22/20/REGON
Filing document
Filing documents submitted (2 documents)
Competing companies or those operating in the same market segment as Changes (in Leszno, industry: Apparel manufacturing).
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Revenue 2024: 389.1 K PLN
POZNAŃ· Apparel manufacturing
Revenue 2024: 204.7 K PLN
BORÓWIEC· Apparel manufacturing
Revenue 2024: 79.5 K PLN