HAPPY A
ActiveHAPPY A has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €541k and a net result of €88k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 18942 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+4
Solvency95▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 1.62 in 2023; short-term debt: 17.3% and cash: 2.1% of total assets), and 30.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2024Solvency, return and age of the figures
Solvency
69.6%
Return on assets
11.3%
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 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
27 d late
2022
31 d late
2021
150 d late
2020
89 d late
2019
121 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€541k▲ 19.3%
2023 · €454k
2018: €295k
2019: €371k
2020: €346k
2021: €371k
2022: €374k
2023: €454k
2018 → 2024
Total assets
€778k▼ 17.2%
2023 · €940k
2018: €605k
2019: €565k
2020: €468k
2021: €488k
2022: €677k
2023: €940k
2018 → 2024
Net result
€88k▲ 9.5%
2023 · €80k
2018: €64k
2019: €77k
2020: €-25k
2021: €26k
2022: €154k
2023: €80k
2018 → 2024
Working capital
€242k▲ 21.4%
2023 · €199k
2018: €276k
2019: €353k
2020: €335k
2021: €364k
2022: €364k
2023: €199k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€346k-€371k▲ 7.4%€374k▲ 0.7%€454k▲ 21.4%€541k▲ 19.3%
Operating result€-22k-€30k€168k▲ 457%€164k▼ 2.5%€118k▼ 27.7%
Net result€-25k-€26k€154k▲ 485%€80k▼ 48.0%€88k▲ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €778k
Fixed assets
€402k▼ 4.2%
Current assets
€376k▼ 27.7%
Equity and liabilities €778k
Equity
€541k▲ 19.3%
Debt
€237k▼ 51.3%
The debt ratio falls from 51.7% to 30.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▼
2023 · €180k
Cash flow
€111k▲
2023 · €97k
Solvency
69.6%▲
2023 · 48.3%
Current ratio
2.79▲
2023 · 1.62
Quick ratio
2.74▲
2023 · 1.60
Debt / equity
0.44▼
2023 · 1.07
ROE
16.2%▼
2023 · 17.7%
ROA
11.3%▲
2023 · 8.5%
Interest coverage
42.22▲
2023 · 15.62
Debt
€237k▼
2023 · €486k
Debt ≤ 1 year
€135k▼
2023 · €321k
Debt > 1 year
€102k▼
2023 · €165k
Income taxes
€29k▼
2023 · €69k
Staff costs
€57k▲
2023 · €50k
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€940k€778k▼
Fixed assets21/28€420k€402k▼
Tangible fixed assets22/27€411k€393k▼
Land and buildings22€313k€302k▼
Plant, machinery and equipment23€95k€90k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€9k€9k=
Current assets29/58€520k€376k▼
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€467k€352k▼
Trade receivables40€418k€312k▼
Other amounts receivable41€49k€39k▼
Cash at bank and in hand54/58€45k€16k▼
Deferred charges and accrued income490/1€54€743▲
Equity and liabilities
Total equity and liabilities10/49€940k€778k▼
Equity10/15€454k€541k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€422k€510k▲
Non-distributable reserves130/1€317k€405k▲
Legal reserve130€2k€2k=
Other1319€315k€403k▲
Distributable reserves133€105k€105k=
Profit (loss) carried forward14€13k€13k▲
Amounts payable17/49€486k€237k▼
Amounts payable after more than one year17€165k€102k▼
Financial debts170/4€165k€102k▼
Amounts payable within one year42/48€321k€135k▼
Current portion of amounts payable after more than one year42€25k€49k▲
Financial debts43€2k€2k=
Credit institutions430/8€2k€2k=
Trade debts44€110k€28k▼
Suppliers440/4€110k€28k▼
Taxes, remuneration and social security45€91k€29k▼
Taxes450/3€87k€21k▼
Remuneration and social security454/9€4k€8k▲
Other amounts payable47/48€94k€28k▼
Accrued charges and deferred income492/3-€39
Income statement
Code20232024
Remuneration, social security and pensions62€50k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€4k▼
Other operating charges640/8€2k€874▼
Gross operating margin9900€240k€203k▼
Operating profit (loss)9901€164k€118k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€301€413▲
Non-recurring financial income76B€1k€2k▲
Financial charges65/66B€16k€3k▼
Recurring financial charges65€12k€3k▼
Non-recurring financial charges66B€4k-
Profit (loss) for the period before taxes9903€149k€117k▼
Income taxes67/77€69k€29k▼
Profit (loss) for the period9904€80k€88k▲
Profit (loss) for the period to be appropriated9905€80k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€100k▲
Profit (loss) brought forward from the previous period14P€13k€13k=
Transfer to equity691/2€80k€88k▲
To other reserves6921€80k€88k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €500kEq €541k ▲19.3%
4 profitable years in a row build equity to €541k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €154k ▲485%
Operating result €168k, net result €154k, both a record.
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 150 days late
2021
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-25k ▼133%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 124 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 203 days late
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 268 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 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, Beersel · 1 establishment unit since 2005
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.
Kapellerond 201651 BeerselGround area
2.4 ha
Building footprint
4,790 m²
Volume, LiDAR
39,657 m³
2 parcels, Flanders, Wallonia · tallest building 26.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Miss Zakouski
since 20052.148.727.073
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105A0531/00C000 | Wallonia | 2.0 ha | 1 · 2,725 m² | - |
| 23046A0003/00S006 | Flanders | 4,450 m² | 1 · 2,065 m² | 26.4 m · 7 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 6,901 EUR awarded · 6,901 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 6,901 EUR | 6,901 EUR |
Schemes
Vlaams beschermingsmechanisme (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTubize2.148.727.073
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Of 7,506 companies in sector 56210 we hold annual accounts for 2,445. 1,259 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-08-2005
Fiscal year end31-12
Activities, NACEBEL
55301
55302
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:zakouski.be/
E-mail:info@zakouski.be