HAPPI SERVICES

Active

Private limited companyfounded 20232 yrs activeRue Eva Dupont (G.) 18, 7011 Mons, BelgiumKBO/BCE: BE 1000.752.760

Summary

The computed 12-month bankruptcy probability of HAPPI SERVICES is 5.0% (elevated). The 2025 annual accounts show negative equity (-€17,414) and a net result of -€20,414. Its solvency ranks better than 12% of 12348 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

HAPPI SERVICESActiveChecked score 34/100

Risk analysis Report Compare

Activity

Agents in the wholesale of timber and building materials

NACE 46130

1 site

Size

€38,278total assets 2025

Equity: -€17,414
Loss: -€20,414

Turnover not published (abridged schema)

Financial health

34 Weak Checked score 2025

Bankruptcy chance 12 m: 5.0%

Structure

Accounts filed 45 d late0 of 1 deed read

Why 34- Latest accounts 45 days late; 1 of the last 3 late- Founded in 2023- Liquidity: current ratio 0.23+ Size: total assets €38,278Show the evidence

Checked score

Score 2025

34 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 3% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 0

equity -45.5% of total assets

Liquidity 0

short-term debt 145.5%

Profitability 0

return on assets -53.3%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)

Last 18 months 05-2025: 2.6% 06-2025: 2.6%▲ +1.9% vs 05-2025 07-2025: 2.5%▼ -3.2% vs 06-2025 08-2025: 2.5%▲ +0.2% vs 07-2025 09-2025: 2.8%▲ +12.0% vs 08-2025 10-2025: 0.5%▼ -82.3% vs 09-2025lowest value 11-2025: 0.5%▲ +2.6% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%▲ +3.3% vs 01-2026 03-2026: 0.5%▲ +2.4% vs 02-2026 04-2026: 0.6%▲ +0.7% vs 03-2026 05-2026: 0.6%▲ +2.2% vs 04-2026 06-2026: 0.6%▼ -1.8% vs 05-2026 07-2026: 0.6%▲ +6.7% vs 06-2026 08-2026: 0.9%▲ +59.6% vs 07-2026 09-2026: 1.1%▲ +18.0% vs 08-2026 10-2026: 5.0%▲ +353% vs 09-2026highest value

Latest accounts 45 days late; 1 of the last 3 late raises the probability
Founded in 2023 raises the probability for this profile
Liquidity: current ratio 0.23 raises the probability
Size: total assets €38,278 lowers the probability for this profile

No credit on open account

Liquidity short (current ratio 0.23; short-term debt: 145.5% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 1%, profitability 6%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

Latest accounts 45 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

Liquidity: current ratio 0.23

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €38,278

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year -€17,414

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 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

45 d late

2024

27 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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.

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 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

14-09-26 Annual accounts filedfiscal year 2025 · micro…
27-08-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€17,414 View
Caution: Among the weakest 11% on net resultsector median €5,605 · 12,356 companies -€20,414 View
Total assets 20252 fiscal years filed €38,278 View