Happiness Mgmt
ActiveSummary
Happiness Mgmt has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €14k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+32
Solvency67▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.41 in 2024; short-term debt: 58.4% and cash: 7.4% of total assets), but 58.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.6%
Return on assets
16.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
30 d late
2022
24 d late
2021
31 d late
2020
11 d late
2019
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 10,182%
2024 · €134
2018: €28k
2019: €4k
2020: €-9k
2021: €-5k
2022: €-73k
2023: €77k
2024: €134
2018 → 2025
Working capital
€34k▲ 118%
2024 · €16k
2018: €-39k
2019: €-65k
2020: €-74k
2021: €-79k
2022: €-60k
2023: €15k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€-56k€22k€22k▲ 0.6%€35k▲ 63.5%
Operating result€-3k-€-71k▼ 2,124%€82k€7k▼ 91.8%€22k▲ 228%
Net result€-5k-€-73k▼ 1,391%€77k€134▼ 99.8%€14k▲ 10,182%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 228% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€2k ▼ 73.5%
Current assets
€84k ▲ 56.1%
Equity and liabilities €85k
Equity
€35k ▲ 63.5%
Debt
€50k ▲ 30.9%
Debt's share of the balance-sheet total falls from 63.7% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €8k
Cash flow
€15k▲
2024 · €2k
Current ratio
1.68▲
2024 · 1.41
Debt to equity
1.40▼
2024 · 1.75
ROE
38.8%▲
2024 · 0.6%
ROA
16.1%▲
2024 · 0.2%
Interest coverage
9.64▲
2024 · 4.54
Debt ≤ 1 year
€50k▲
2024 · €38k
Income taxes
€8k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€60k€85k▲
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€3k€0▼
Current assets29/58€54k€84k▲
Amounts receivable within one year40/41€53k€77k▲
Trade receivables40€10k€28k▲
Other amounts receivable41€42k€49k▲
Cash at bank and in hand54/58€506€6k▲
Deferred charges and accrued income490/1€518€394▼
Equity and liabilities
Total equity and liabilities10/49€60k€85k▲
Equity10/15€22k€35k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€1k€15k▲
Amounts payable17/49€38k€50k▲
Amounts payable within one year42/48€38k€50k▲
Trade debts44€1k€16k▲
Suppliers440/4€1k€16k▲
Taxes, remuneration and social security45€37k€34k▼
Taxes450/3€37k€34k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€12k€29k▲
Operating profit (loss)9901€7k€22k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€7k€22k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€134€14k▲
Profit (loss) for the period to be appropriated9905€134€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€15k▲
Profit (loss) brought forward from the previous period14P€1k€1k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
30-09
Financial
Back to profitnet €77k
Net result €77k after 3 loss-making years.
30-09
Financial
Liquidity times 28current ratio 1.59
Current ratio from 0.06 to 1.59; short-term debt falls from €64k to €26k.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-09
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
30-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2013
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.
Stationsstraat van Woluwe 741200 Sint-Lambrechts-WoluweGround area
1,199 m²
Building footprint
42 m²
Volume, LiDAR
433 m³
Parcel 21018B0209/00R002, Brussels · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Happiness Mgmt
since 20132.218.051.686
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0209/00R002 | Brussels | 1,199 m² | 1 · 41 m² | 13.6 m · 3 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 35,756 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2013
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
73110Advertising agencies
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.