Change And Creativity

Active

Private limited companyfounded 20224 yrs activeIndustrieweg 75, 2260 Westerlo, BelgiumKBO/BCE: BE 0784.799.284

The computed 12-month bankruptcy probability of Change And Creativity is 2.1% (moderate). The 2024 annual accounts show equity of €47k and a net result of €23k. Its solvency ranks better than 72% of 2027 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

100 / 100

Excellent= vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+32

Solvency98▲+5

Growth78

Stability94

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 2.3 against 1.89 in 2023), and 42.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

119 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€369k

EBIT margin

9.8%

Net result

€23k▲ 5.5%

2023 · €22k

2023: €22k

2023 → 2024

Working capital

€45k▲ 121%

2023 · €20k

2023: €20k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Turnover€369k-

Equity€24k-€47k▲ 94.6%

Operating result€36k-€30k▼ 15.7%

Net result€22k-€23k▲ 5.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 16% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €81k

97.1%

Fixed assets €2k▼ 40.7%

Current assets €79k▲ 84.1%

Equity and liabilities €81k

57.7%

42.3%

Equity €47k▲ 94.6%

Debt €34k▲ 51.5%

The debt ratio falls from 48.5% to 42.3%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€32k▼

2023 · €38k

Cash flow

€24k▲

2023 · €23k

Solvency

57.7%▲

2023 · 51.5%

Current ratio

2.30▲

2023 · 1.89

Quick ratio

2.30▲

2023 · 1.89

Debt / equity

0.73▼

2023 · 0.94

ROE

48.6%▼

2023 · 89.7%

ROA

28.1%▼

2023 · 46.2%

Interest coverage

13.44▲

2023 · 7.03

Debt

€34k▲

2023 · €23k

Debt ≤ 1 year

€34k▲

2023 · €23k

Income taxes

€5k▼

2023 · €9k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€47k€81k▲

Fixed assets21/28€4k€2k▼

Tangible fixed assets22/27€4k€2k▼

Plant, machinery and equipment23€1k€793▼

Furniture and vehicles24€3k€2k▼

Current assets29/58€43k€79k▲

Amounts receivable within one year40/41€22k€26k▲

Trade receivables40€22k€26k▲

Other amounts receivable41€127-

Cash at bank and in hand54/58€20k€42k▲

Deferred charges and accrued income490/1€903€11k▲

Equity and liabilities

Total equity and liabilities10/49€47k€81k▲

Equity10/15€24k€47k▲

Contributions10/11€3k€3k=

Outside capital11€3k-

Other1109/19€3k-

Profit (loss) carried forward14€22k€45k▲

Amounts payable17/49€23k€34k▲

Amounts payable within one year42/48€23k€34k▲

Trade debts44€3k€5k▲

Suppliers440/4€3k€5k▲

Taxes, remuneration and social security45€20k€29k▲

Taxes450/3€20k€29k▲

Other amounts payable47/48-€309

Income statement Code20232024

Turnover70€369k-

Goods, raw materials, services and sundry goods60/61€375k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲

Other operating charges640/8€2k€1k▼

Gross operating margin9900€39k€33k▼

Operating profit (loss)9901€36k€30k▼

Financial charges65/66B€5k€2k▼

Recurring financial charges65€5k€2k▼

Profit (loss) for the period before taxes9903€31k€28k▼

Income taxes67/77€9k€5k▼

Profit (loss) for the period9904€22k€23k▲

Profit (loss) for the period to be appropriated9905€22k€23k▲

Appropriation of the result

Profit (loss) to be appropriated9906€22k€45k▲

Profit (loss) brought forward from the previous period14P-€22k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

27-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 119 days late

NBB filing

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, Westerlo · 1 establishment unit since 2022

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Industrieweg 752260 Westerlo

Ground area

2,004 m²

Building footprint

132 m²

Volume, LiDAR

795 m³

Parcel 13049D1038/00E005, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Change And Creativity

Industrieweg 75, 2260 WesterloActivities of head offices; management consultancy activities

since 20222.330.080.748

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13049D1038/00E005	Flanders	2,004 m²	1 · 132 m²	7.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Dendermonde · Eq €48k

VIDEOKAY BOITSFORT

BE 0870.810.966

Watermaal-Bosvoorde · Eq €46k

SZ HOLDING

BE 0767.868.034

Liège · Eq €49k

Of 880 companies in sector 77229 we hold annual accounts for 318. 228 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-04-2022

Fiscal year end31-12

Activities, NACEBEL

77220Rental and leasing activities

77229Renting and leasing of other personal and household goods

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.