HAPPAX
ActiveSummary
The computed 12-month bankruptcy probability of HAPPAX is 7.0% (elevated). The 2025 annual accounts show negative equity (-€12,070). Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency-
Growth32=
Track record100
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
26 d late
2022
11 d late
2021
26 d late
2020
31 d late
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€5,368
EBIT margin
10.7%
Net result
-€11,427▼ 222%
2019 · -€3,553
Working capital
-€12,070=
2021 · -€12,070
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result
Net result
EBIT margin
Equity-€12,070=-€12,070=-€12,070=-€12,070=-€12,070=
Total assets€27▼ 82.4%€27=
Debt€12,097▼ 1.0%€12,097=€12,070▼ 0.2%€12,070=€12,070=
Working capital-€12,070=-€12,070=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Key figures and ratios
Debt to equity
-1.00=
2024 · -1.00
Debt ≤ 1 year
€12,070=
2024 · €12,070
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Not filed in this scheme.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27 | €27 | - | - | - | - |
| Current assets29/58 | €27 | €27 | - | - | - | - |
| Cash at bank and in hand54/58 | €27 | €27 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27 | €27 | - | - | - | - |
| Equity10/15 | -€12,070 | -€12,070 | -€12,070 | -€12,070 | -€12,070 | = |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €4,110 | €4,110 | €4,110 | €4,110 | €4,110 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €2,250 | €2,250 | €2,250 | €2,250 | €2,250 | = |
| Profit (loss) carried forward14 | -€22,380 | -€22,380 | -€22,380 | -€22,380 | -€22,380 | = |
| Amounts payable17/49 | €12,097 | €12,097 | €12,070 | €12,070 | €12,070 | = |
| Amounts payable within one year42/48 | €12,097 | €12,097 | €12,070 | €12,070 | €12,070 | = |
| Trade debts44 | €9,208 | €9,208 | €8,860 | €8,860 | €8,860 | = |
| Suppliers440/4 | €9,208 | €9,208 | €8,860 | €8,860 | €8,860 | = |
| Other amounts payable47/48 | €2,889 | €2,889 | €3,210 | €3,210 | €3,210 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Change in cash | - | €0 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€11,427
Net result drops to -€11,427, the lowest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2007
Ground area
4,843 m²
Building footprint
454 m²
Volume, LiDAR
4,278 m³
2 parcels, Brussels, Flanders · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Champellaan 34, 1640 Sint-Genesius-Rode
since 20072.165.259.140
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0007/00H004 | Flanders | 4,594 m² | 1 · 331 m² | 9.5 m · 2 fl. |
| 21013B0346/00S006 | Brussels | 249 m² | 1 · 123 m² | 22.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-06-2007
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.