ACTIVE

MORPHING CREATIVITY

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Financial year 2025 · closed on 30/06/2025
Net result
54,1 k €
+154.2% YoY
Gross margin
113,3 k €
+62.2% YoY
Equity
247,6 k €
+21.9% YoY

What does MORPHING CREATIVITY do?

MORPHING CREATIVITY is a Private limited company incorporated in 2009. Its main activity is: Wholesale of other household goods. Its registered office is in Anzegem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0819.303.075
Incorporation
02/10/2009
Legal form
Private limited company
Registered office
Schaliënhofstraat 42
8570 Anzegem · FlandreSee on map
Contributed capital
30 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
46496Wholesale of other household goods· main46496Wholesale of other household goods46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment33140Repair of electrical equipment33140Repair of electrical equipment+6
Joint committees (1)
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220182017201620152014201320122011
Income statement
Gross margin113,3 k €69,9 k €135,8 k €18,3 k €55,2 k €55,7 k €-1,7 k €59,0 k €3,6 k €9,1 k €-14,9 k €8,3 k €
EBITDA80,5 k €41,1 k €120,1 k €17,4 k €54,3 k €54,6 k €-3,0 k €58,4 k €2,8 k €8,4 k €-15,5 k €7,8 k €
Operating result71,7 k €28,5 k €105,6 k €4,2 k €38,6 k €37,3 k €-15,8 k €45,5 k €-21,8 k €-14,6 k €-38,0 k €-30,8 k €
Net result54,1 k €21,3 k €75,7 k €683,0 €31,7 k €38,4 k €-17,2 k €47,5 k €-20,4 k €-14,5 k €-41,2 k €-33,7 k €
Balance sheet
Equity247,6 k €203,2 k €181,9 k €106,2 k €20,6 k €-11,1 k €-49,5 k €-32,4 k €-79,9 k €-59,4 k €-44,9 k €-3,7 k €
Total assets428,0 k €459,5 k €418,0 k €389,8 k €224,4 k €265,9 k €235,0 k €153,2 k €131,3 k €143,9 k €102,5 k €131,5 k €
Cash73,1 k €33,3 k €67,6 k €13,2 k €13,7 k €17,6 k €23,8 k €56,7 k €28,2 k €37,1 k €9,3 k €30,7 k €
Debts180,0 k €253,4 k €236,1 k €283,5 k €203,8 k €276,6 k €284,6 k €185,5 k €211,2 k €203,3 k €147,5 k €135,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Patrick Hermans

Director · since 06 octobre 2009

Active

Ended mandates

Patrick Hermans

Manager · since 06 octobre 2009

Ended
Patrick Hermans

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/01/202627/01/202504/01/202419/01/202303/01/202215/01/2021
General meeting23/01/202617/01/202529/12/202330/12/202231/12/202128/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202523/01/202626/01/2026DutchPDF
Micro model30/06/202417/01/202527/01/2025DutchPDF
Micro model30/06/202329/12/202304/01/2024DutchPDF
Micro model30/06/202230/12/202219/01/2023DutchPDF
Micro model30/06/202131/12/202103/01/2022DutchPDF
Micro model30/06/202028/12/202015/01/2021DutchPDF
Micro model30/06/201927/12/201927/01/2020DutchPDF
Micro model30/06/201828/12/201803/01/2019DutchPDF
Micro model30/06/201729/12/201704/01/2018DutchPDF
Abridged model30/06/201630/12/201616/01/2017DutchPDF
Abridged model30/06/201526/12/201505/01/2016DutchPDF
Abridged model30/06/201426/12/201406/01/2015DutchPDF
Abridged model30/06/201327/12/201307/01/2014DutchPDF
Abridged model30/06/201205/12/201203/01/2013DutchPDF
Abridged model30/06/201120/01/201231/01/2012DutchPDF
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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Patrick Hermans

Director · since 06 octobre 2009

Active

Ended mandates

Patrick Hermans

Manager · since 06 octobre 2009

Ended
Patrick Hermans

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/10/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202554,1 k €↑
  2. 2024
    Annual accounts 202421,3 k €↓
  3. 2023
    Annual accounts 202375,7 k €↑
  4. 2022
    Annual accounts 2022683,0 €↓
  5. 2018
    Annual accounts 201831,7 k €↓
  6. 2017
    Annual accounts 201738,4 k €↑
  7. 2016
    Annual accounts 2016-17,2 k €↓
  8. 2015
    Annual accounts 201547,5 k €↑
  9. 2014
    Annual accounts 2014-20,4 k €↓
  10. 2013
    Annual accounts 2013-14,5 k €↑
  11. 2012
    Annual accounts 2012-41,2 k €↓
  12. 2011
    Annual accounts 2011-33,7 k €
  13. 02/10/2009
    IncorporationPrivate limited company