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HAPPS DEVELOPMENT

Active Private limited companyfounded 2015active for 11 yearsHoogstraat 10, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0640.873.060

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €62,647 (2021)
€2,164▼ 88.2%
lowest -€77,112 (2016)
€445▼ 97.4%
peak €75,794 (2017)
€12,205▲ 3.8%
€49,107▼ 5.4%
peak 2.1 FTE (2018)
-not published
Board3 names since 2015
1 directorHAUWAERT Hannes
Documentsfilings and deeds
23-09-202654 days late
2025micro format
Gross margin from €18,406 to €2,164Result from €16,891 to €445

Key points

from the 2025 annual accounts

Equity

€12,205 from €75,794 in 2017

Equity fell by 84% in 8 years.

Debts

€49,107 80% of the balance sheet
Financial debts 21%Suppliers 29%Taxes and wages 17%Other 33%

Of this, €39,665 falls due within a year.

Filings

10 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 117 days after the end of the period.

Checked score

91
Excellent
Financially stronger than 34% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

45+2equity 19.9% of total assets
66-5short-term debt 64.7% · cash 46.3%
31-69return on assets 0.7%

Score breakdown

raises risk
Last filed accounts filed 54 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €61,312
Liquidity: current ratio 1.54, cash €28,387
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 22% of them on solvency, 49% on liquidity, 17% on profitability and 49% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,508 companies had the same profile as HAPPS DEVELOPMENT has now. Each dot stands for 12 companies, two years later.

96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of HAPPS DEVELOPMENT itself is lower: 0.1% within 12 months. It rests on far more data about HAPPS DEVELOPMENT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,508 companies, not a prediction for HAPPS DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.54 (1.76 in 2024), above the usual 1.5. Short-term debt is 64.7% and cash 46.3% of total assets. However, 80.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Last filed accounts filed 54 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €61,312
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.54, cash €28,387
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 21206 sector peers (2025).
NBB · sector comparison
Position among 21206 sector peers
Solvency
better than 20%
← weakest strongest →
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
54 days late
2024
27 days late
2023
30 days late
2022
30 days late
2021
31 days late
2020
117 days late
2019
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HH
Director, since 13-10-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0640873060
Change of role: HAUWAERT Hannes, from manager to director Director discharge: HAUWAERT Hannes · General meeting of 24-04-2023 · Gazette deed
Resignation: Hauwaert Thomas (director) General meeting of 10-05-2021 · Gazette deed
Resignation: Goessens Gilles (manager) General meeting of 29-10-2018 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
HAPPS DEVELOPMENT Sint-Pieters-Leeuw €61,312 €2,164 19.9% -
CLICKETYCLICK Herselt €76,457 €2,419 28.3% -
Magnetar Antwerp €66,594 €1,721 73.7% -
N-Able Grobbendonk €54,988 €1,738 68.6% -
IP TV Projects Waregem €74,418 €2,588 42.2% -
TECHWISE Malle €54,497 €1,769 -2.5% -
NICSLABS Zaventem €49,280 €2,422 94.4% -

These companies have the same main activity as HAPPS DEVELOPMENT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €49,300 and €76,500, founded between 2012 and 2018.

Official details

Source: KBO
Status
Active since 13-10-2015Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.248.099.4171600 Sint-Pieters-Leeuw, since 13-10-2015
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

€2,164▼ 88.2%
≈ €12,000estimated
€445▼ 97.4%
€12,205▲ 3.8%
€61,312▼ 3.7%
Filing
Filed on 23-09-2026
Financials

Insights on HAPPS DEVELOPMENT

HAPPS DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from -€59,384 in 2016 to €2,164 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 23-09-2026, 54 days late
€2,164
▼ 88.2%
€1,561
▼ 91.0%
€445
▼ 97.4%
€21,396
▼ 21.1%
19.9%
▲ 1.4 percentage points
1.54
▼ 0.22

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €12,000. Estimated: probably between €5,600 and €23,000.

Balance sheet

balance sheet total €61,312 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

19.9%

Higher than 20% of 21,206 companies in 2025.

1.54

Higher than 34% of 20,569 companies in 2025.

0.7%

Higher than 18% of 20,744 companies in 2025.

HAPPS DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 61,31263,66653,37245,02180,37870,11848,970106,294122,90460,862
21/28 2508509041,88715,26625,37443,39164,63130,566-
21 ----11,02024,27243,32264,02629,63028,152
22/27 -06541,8874,2461,10169605936-
24 -06541,8874,2461,10169605936-
28 250850250-------
29/58 61,06262,81652,46843,13565,11244,7455,57941,66392,33932,710
40/41 28,90429,50415,74023,25245,20833,1493,62731,16220,32510,519
40 20,75121,3325,61714,94744,86833,0682,93925,8946,5012,341
41 8,1538,17110,1248,305340816885,26813,8248,178
50/53 2,3153,000--------
54/58 28,38728,62136,16219,25419,52810,9831,95210,50171,60422,191
490/1 1,4561,692566629376613--410-
Balance sheet: equity and liabilities
10/49 61,31263,66653,37245,02180,37870,11848,970106,294122,90460,862
10/15 12,20511,759-4,298-20,775-3,171-3,223-10,14716,63375,794-52,112
10/11 197,446197,446197,446197,446197,446197,44630,43430,43430,434-
10 ---------25,000
100 ------30,43430,43430,43425,000
11 --197,446197,446197,446197,446167,012167,012167,012-
1100/10 --197,446197,446197,446167,012167,012167,012167,012-
1109/19 -----30,434----
14 -185,241-185,687-201,744-218,222-200,618-200,669-207,593-180,813-121,653-77,112
17/49 49,10751,90757,67065,79783,54973,34159,11789,66147,111112,974
17 9,37410,33511,28016,22522,32728,83120,34925,80831,19394,007
170/4 9,37410,33511,28016,22522,32728,83120,34925,80831,19394,007
42/48 39,66535,69646,29049,25560,98544,51038,53863,30615,46617,493
42 9619455,71813,36913,99611,4396,7715,6855,6073,493
43 7211,21970378132-----
430/8 7211,21970378132-----
44 14,3787,56515,3777,41527,8196,21412,74546,4473,3636,204
440/4 14,3787,56515,3777,41527,8196,21412,74546,4473,3636,204
46 ----3,248-----
45 8,3497,4982325,3233,67314,84011,82111,1426,4807,769
450/3 6,0497,4982325,3233,6737,5069681,514-892
454/9 2,300----7,33510,8549,6286,4806,877
47/48 15,25618,46924,26022,36712,21812,0177,202311527
492/3 685,876100317238-2295474511,474
Income statement
76A ---17--1,910---
9900 2,16418,40619,662-4,32962,64724,13734,130-8,184-3,362-59,384
62 -0-63-19,22421,73037,87928,18628,6026,914
630 06541,23312,31713,93020,83721,24021,24010,1529,105
640/8 603427384348695-348348247177
66A ----27,684-----
9901 1,56117,32418,108-16,9941,113-18,430-25,337-57,957-42,363-75,580
75/76B 21---1426,4611943031-
75 21---143319430313
76B -----26,428----
65/66B 1,1374341,6306101,0761,1061,7591,1112,209-
65 1,1374341,6306101,0761,1061,7591,1112,2091,535
9903 44516,89116,477-17,604516,924-26,902-59,039-44,541-77,112
67/77 -------122122--
9904 44516,89116,477-17,604516,924-26,780-59,161-44,541-77,112
9905 44516,89116,477-17,604516,924-26,780-59,161-44,541-77,112
Appropriation of the result
9906 -185,241-184,854-201,744-218,222-200,618-200,669-207,593-180,813-121,653-77,112
14P -185,687-201,744-218,222-200,618-200,669-----
694/7 0833--------
694 0833--------
Social balance sheet
9087 ----0.40.31.92.11.71
Hours worked1013 ----5217902,4053,6381,762-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 23-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 54 days after the deadline. Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543362.

Financial year Type Filed Reference Document
31-12-2025 micro format 23-09-2026 2026-00543362 PDF
31-12-2024 micro format 27-08-2025 2025-00419843 PDF
31-12-2023 micro format 30-08-2024 2024-00456109 PDF
31-12-2022 micro format 30-08-2023 2023-00374835 PDF
31-12-2021 micro format 31-08-2022 2022-20387424 PDF
31-12-2020 micro format 25-11-2021 2021-78200344 PDF
31-12-2019 micro format 10-08-2020 2020-39900182 PDF
31-12-2018 micro format 18-07-2019 2019-34700490 PDF
31-12-2017 abbreviated format 10-07-2018 2018-32800330 PDF
31-12-2016 abbreviated format 25-07-2017 2017-35800053 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
1,56117,97819,340-4,67715,0432,407-4,096-36,717-32,211-66,475
44517,54417,710-5,28713,98127,761-5,540-37,921-34,389-68,007
-600600250-1,0623,8231,166055,30612,56537,257
-234-7,54116,908-2748,5459,031-8,549-61,10349,413-
21,39627,1216,178-6,1204,127235-32,960-21,64376,87215,217
19.9%18.5%-8.1%-46.1%-3.9%-4.6%-20.7%15.6%61.7%-85.6%
1.541.761.130.881.071.010.140.665.971.87
4.024.41-----5.390.62-
3.6%143.6%------355.7%-58.8%-
0.7%26.5%30.9%-39.1%0.1%9.9%-54.7%-55.7%-36.2%-126.7%
1.3741.4311.86-7.6713.98-----43.31

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
0.3
Joined1
Left2

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€3,823
Financial fixed assets-€600---
€0€654€1,233€12,317€13,930

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on HAPPS DEVELOPMENT

The operating result for 2025 is 91% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 81.5% to 80.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director (not named in the articles)
since 13-10-2015 term without a fixed end
earlier manager, until 05-05-2023
listed in the 2025 annual accounts, filed on 23-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-05-2023

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
HAUWAERT Hannes
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • HAUWAERT Hannes
    • Director (not named in the articles), from 13-10-2015 to date
    • Manager, until 05-05-2023
  • Hauwaert Thomas
    • Director, until 10-05-2021
  • Goessens Gilles
    • Manager, until 30-09-2018

See the board, name and registered office on a given date →

Control

Capital

Contribution
€197,446.37
Source
2025 annual accounts

Articles of association

deed of 05-05-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 18:00

Network & group

No group

HAPPS DEVELOPMENT has no parent and no holdings in its annual accounts. HAUWAERT Hannes is the only director. HAPPS DEVELOPMENT shares no director with another company.

Timeline

Timeline

21 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 54 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0640873060
Annual accounts 2024 filed PDFmicro format · 27 days late
2024
Highest result from 2016 to 2025 net €16,891 ▲2.5% The net result of €16,891 is the highest of those years.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Back to profit net €16,477 The net result is €16,477, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 30 days late
Change of role: HAUWAERT Hannes, from manager to directorDirector discharge: HAUWAERT Hannes · General meeting of 24-04-20236 points ▸
  • General meeting, 24-04-2023
  • 30,434 shares
  • Director resignation, HAUWAERT Hannes (manager)
  • Director appointment, HAUWAERT Hannes (director (not named in the articles))
  • Director discharge, HAUWAERT Hannes
  • Registered office clause, Hoogstraat 10
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 117 days late
Resignation: Hauwaert Thomas (director)General meeting of 10-05-20212 points ▸

Open the deed in the Belgian Official Gazette

2020
Back to profit net €6,924 The net result is €6,924, after 4 loss-making years.
Liquidity more than 6 times current ratio 1.01 The current ratio rises from 0.14 to 1.01.
Annual accounts 2019 filed PDFmicro format · 10 days late
2019
Annual accounts 2018 filed PDFmicro format · 13 days before the deadline
2018
Resignation: Goessens Gilles (manager)General meeting of 29-10-20182 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFabbreviated format · 21 days before the deadline
2017
Liquidity more than triples current ratio 5.97 The current ratio rises from 1.87 to 5.97. Short-term debt falls from €17,493 to €15,466.
Annual accounts 2016 filed PDFabbreviated format · 6 days before the deadline
2015
Incorporation PDFpublished on 15-10-2015
First establishment Hoogstraat 10, Sint-Pieters-Leeuw

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 October 2015, HAPPS DEVELOPMENT was incorporated.1 Total assets went from €106,294 in 2018 to €61,312 in 2025 and headcount from 2.1 full-time equivalents in 2018 to 0.4 in 2021.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2021 and 2025

Company details

Identity

Enterprise number
0640.873.060
VAT number
BE 0640.873.060
Peppol ID
0208:0640873060
Other Peppol ID
9925:BE0640873060
Legal form
Private limited company
Status
Active, normal situation
Founded
13-10-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 18:00
deed of 05-05-2023 (in Dutch)
Peppol
Reachable since 26-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
HAPPS DEVELOPMENT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-05-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 05-05-2023 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
62010 Computer programming, consultancy and related activities
63990 Computing infrastructure, data processing, hosting and other information service activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Hoogstraat 10 registered office 1600 Sint-Pieters-Leeuw 13-10-2015 2.248.099.417

Buildings and parcels at the address

Ground area
595 m²
Buildings
99 m²
Volume, LiDAR
670 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
99 m², 8.8 m 99 m², 8.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23583K0172/00F000595 m² 1 · 99 m² 8.8 m · 2

Contact

Phone +32 470 35 04 60 establishment in Sint-Pieters-Leeuw