Checked.be
Active
BE 0544.691.820Private limited company
HAPPY CONSTRUCT
Picardstraat 7 ·1000 Brussel, Belgium· 12 yrs active
Sector: Site preparation
(43120)
Conclusion
The computed 12-month bankruptcy probability of HAPPY CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €230k and a net result of €60k. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €230k |
| Net result | €60k |
| Staff (FTE) | 16.9 |
| Active | 12 yrs |
Financial profile
79
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
76
Profitability
100
Solvency
41
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2014, 12 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
76
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 07-02-2026 with the NBB · fiscal year 2025 · full schema
€86k
+157.5%
24-25
€60k
+189.5%
24-25
€61k
+177.6%
24-25
€983k
+67.2%
24-25
€230k
+35.7%
24-25
€246k
+45.2%
24-25
17
-6.1%
24-25
€947k
+13.7%
24-25
€24k
+224.3%
24-25
€753k
+80.0%
24-25
€735k
+75.8%
24-25
1.33
-5.0%
24-25
1.33
-5.0%
24-25
23.4%
-18.9%
24-25
3.28
+32.6%
24-25
26.3%
+113.3%
24-25
6.1%
+73.1%
24-25
46.60
+498.2%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €86k |
| Net profit | €60k |
| Cash flow | €61k |
| Staff costs | €947k |
| Income taxes | €24k |
| Dividends | - |
| Total assets | €983k |
| Equity | €230k |
| Debt | €753k |
| of which ≤ 1y | €735k |
| of which > 1y | - |
| Working capital | €246k |
| Employees (FTE) | 16.9 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.33 |
| Quick ratio | 1.33 |
| Working capital ratio | 25.0% |
| Solvency | 23.4% |
| Debt / equity | 3.28 |
| Long-term debt ratio | - |
| Interest coverage | 46.60 |
| Gross margin | - |
| Net margin | - |
| ROA | 6.1% |
| ROE | 26.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €983k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Financial fixed assets | 28 | €150 |
| Current assets | 29/58 | €981k |
| Amounts receivable within one year | 40/41 | €798k |
| Cash & bank | 54/58 | €175k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €983k |
| Equity | 10/15 | €230k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €21k |
| Accumulated profits (losses) | 14 | €191k |
| Amounts payable | 17/49 | €753k |
| Amounts payable within one year | 42/48 | €735k |
| Trade debts payable within one year | 44 | €393k |
| Income statement | ||
| Gross operating margin | 9900 | €1.04M |
| Operating result | 9901 | €86k |
| Financial income | 75 | €90 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €84k |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €60k |
| Result to be appropriated | 9905 | €60k |
Directors & mandates
Current directors & mandates
-
Mehmet OZCELIKDirector (executive)State Gazette act 23311944 (07-02-2023)Current07-02-2023 → present
Legal Structure
| NACE primary | Site preparation(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 23-01-2014 |
| Status | Active |
| Postal code | 1000 |
Establishment units
HAPPY CONSTRUCT
since 20142.226.222.254
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
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.
Updates
2026
07-02-2026 NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
28-01-2025 NBB filing Annual accounts filed
fiscal year 2024 · full schema
2023
30-12-2023 NBB filing Annual accounts filed
fiscal year 2023 · full schema
07-02-2023 State Gazette act Director changes
Jean-François POELMAN
02-01-2023 NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
21-01-2022 NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
28-01-2021 NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
10-01-2020 NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
21-01-2019 NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
01-02-2018 NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
16-02-2017 NBB filing Annual accounts filed
fiscal year 2016 · full schema
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 3 years ago
2023
07-02-2023 Mehmet OZCELIK appointed as director (executive)
- Mehmet OZCELIK, Directeur
Notary:
Jean-François POELMAN · SchaerbeekFirm:
ACT & LEX
Technical details
{
"events": [
{
"kind": "director_in",
"role": "directeur",
"person": {
"rrn": null,
"name": "Mehmet OZCELIK",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "confirmation",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e d\u00E9cide de fixer le nombre d\u2019administrateurs \u00E0 UN, et de nommer \u00E0 cette fonction, pour une dur\u00E9e ind\u00E9termin\u00E9e : Monsieur Mehmet OZCELIK, pr\u00E9nomm\u00E9, qui accepte.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_pending",
"role": "directeur",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des administrateurs actuels (anciens g\u00E9rants), dont le mandat a \u00E9t\u00E9 conf\u00E9r\u00E9 sous l\u2019empire de l\u2019ancien Code des soci\u00E9t\u00E9s, et d\u00E9cidera \u00E0 la prochaine assembl\u00E9e g\u00E9n\u00E9rale annuelle sur la d\u00E9charge pour l\u2019ex\u00E9cution de leur mandat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jean-Fran\u00E7ois POELMAN",
"firm_city": null,
"firm_name": "ACT \u0026 LEX",
"office_city": "Schaerbeek",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-02-07",
"filing_date": "2023-02-03",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-01-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0544.691.820",
"name_full": "HAPPY CONSTRUCT",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "J.F. POELMAN",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire associ\u00E9"
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte",
"statuts coordonn\u00E9es"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
General construction of residential buildings41001Site preparation43120Repair and maintenance of machinery33120Construction of roads and motorways42110Insulation installation43230Other construction installation43240Specialised construction activities43291Specialised construction activities43299Other building finishing work43350
Names & trade names
| Legal nameFR | HAPPY CONSTRUCT |
Similar companies
ADMD CONSTRUCT
BE 0737.746.861 · Brussel
AS PEB
BE 0831.800.734 · Brussel
BACOM TECH
BE 0795.836.302 · Brussel
BATI GOLD
BE 0799.354.630 · Brussel
BODYGLASS
BE 0844.035.305 · Brussel