Happie Logistics
ActiveThe computed 12-month bankruptcy probability of Happie Logistics is 5.1% (elevated). The annual accounts of Happie Logistics for fiscal year 2024 show a net loss of 110% of total assets and of 86% of the equity at the start of that year. The 2024 annual accounts show equity of €280 and a net result of €-2k. Equity is shrinking by ~59.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency43▼-49
Growth32=
Track record94
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
5 d early
2022
64 d late
2021
65 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▲ 11.3%
2023 · €-2k
2021: €-333
2022: €-2k
2023: €-2k
2021 → 2024
Working capital
€368▼ 82.7%
2023 · €2k
2021: €6k
2022: €4k
2023: €2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€4k▼ 28.8%€2k▼ 49.3%€280▼ 86.3%
Operating result€-237-€-2k▼ 571%€-2k▼ 21.5%€-2k▲ 13.9%
Net result€-333-€-2k▼ 390%€-2k▼ 21.9%€-2k▲ 11.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2k
Equity
€280▼ 86.3%
Debt
€1k▲ 32.1%
The debt ratio rises from 32.8% to 82.5%. Equity is lower and debt is higher.
Key figures and ratios
Debt
€1k▲
2023 · €999
Debt ≤ 1 year
€1k▲
2023 · €913
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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€3k€2k▼
Current assets29/58€3k€2k▼
Amounts receivable within one year40/41€219€487▲
Other amounts receivable41€219€487▲
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3k€2k▼
Equity10/15€2k€280▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-4k€-6k▼
Amounts payable17/49€999€1k▲
Amounts payable within one year42/48€913€1k▲
Trade debts44€566€883▲
Suppliers440/4€566€883▲
Other amounts payable47/48€348€348=
Accrued charges and deferred income492/3€85€88▲
Income statement
Code20232024
Other operating charges640/8€650€475▼
Gross operating margin9900€-1k€-1k▲
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€56€100▲
Recurring financial charges65€56€100▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-6k▼
Profit (loss) brought forward from the previous period14P€-2k€-4k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 64 days late
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Hasselt · 1 establishment unit since 2020
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.
Maastrichtersteenweg 136/13500 HasseltGround area
3.0 ha
Building footprint
6,512 m²
Volume, LiDAR
91,999 m³
2 parcels, Flanders, Wallonia · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Happie Logistics
since 20202.314.024.575
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62016B0333/00A000 | Wallonia | 3.0 ha | 1 · 6,299 m² | 16.4 m · 5 fl. |
| 71328D0089/00B002 | Flanders | 230 m² | 1 · 214 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2020
Fiscal year end31-12
Abbreviation EN
H.L.
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.