HAPPY-DAYS
ActiveHAPPY-DAYS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €7k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+6
Solvency64▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 2.57 in 2024; short-term debt: 12.6% and cash: 16.8% of total assets), and 61.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
38.8%
Return on assets
2.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
24 d early
2023
30 d early
2022
3 d late
2021
45 d late
2020
32 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€109k▲ 6.6%
2024 · €102k
2019: €45k
2020: €42k
2021: €57k
2022: €83k
2023: €96k
2024: €102k
2019 → 2025
Total assets
€280k▼ 3.9%
2024 · €292k
2019: €207k
2020: €182k
2021: €180k
2022: €298k
2023: €312k
2024: €292k
2019 → 2025
Net result
€7k▲ 7.4%
2024 · €6k
2019: €135
2020: €-3k
2021: €15k
2022: €26k
2023: €13k
2024: €6k
2019 → 2025
Working capital
€16k▼ 62.2%
2024 · €42k
2019: €71k
2020: €62k
2021: €45k
2022: €59k
2023: €75k
2024: €42k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€83k▲ 46.7%€96k▲ 15.4%€102k▲ 6.5%€109k▲ 6.6%
Operating result€20k-€32k▲ 66.2%€21k▼ 35.5%€18k▼ 16.2%€15k▼ 16.5%
Net result€15k-€26k▲ 81.7%€13k▼ 51.5%€6k▼ 51.1%€7k▲ 7.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €280k
Fixed assets
€229k▲ 2.7%
Current assets
€51k▼ 25.1%
Equity and liabilities €280k
Equity
€109k▲ 6.6%
Debt
€172k▼ 9.6%
The debt ratio falls from 65.0% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €45k
Cash flow
€35k▲
2024 · €33k
Solvency
38.8%▲
2024 · 35.0%
Current ratio
1.45▼
2024 · 2.57
Quick ratio
1.45▼
2024 · 2.57
Debt / equity
1.58▼
2024 · 1.86
ROE
6.2%▲
2024 · 6.1%
ROA
2.4%▲
2024 · 2.1%
Interest coverage
5.34▲
2024 · 4.61
Debt
€172k▼
2024 · €190k
Debt ≤ 1 year
€35k▲
2024 · €27k
Debt > 1 year
€136k▼
2024 · €163k
Income taxes
€68▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€292k€280k▼
Formation expenses20€635€423▼
Fixed assets21/28€223k€229k▲
Tangible fixed assets22/27€222k€227k▲
Land and buildings22€118k€134k▲
Plant, machinery and equipment23€103k€93k▼
Financial fixed assets28€1k€1k=
Current assets29/58€68k€51k▼
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€5k€4k▼
Cash at bank and in hand54/58€64k€47k▼
Equity and liabilities
Total equity and liabilities10/49€292k€280k▼
Equity10/15€102k€109k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€41k€47k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€34k€41k▲
Amounts payable17/49€190k€172k▼
Amounts payable after more than one year17€163k€136k▼
Financial debts170/4€109k€89k▼
Other amounts payable178/9€55k€47k▼
Amounts payable within one year42/48€27k€35k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€1k€10k▲
Suppliers440/4€1k€10k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€48k€46k▼
Operating profit (loss)9901€18k€15k▼
Financial income75/76B€195€226▲
Recurring financial income75€195€226▲
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€8k€7k▼
Income taxes67/77€2k€68▼
Profit (loss) for the period9904€6k€7k▲
Profit (loss) for the period to be appropriated9905€6k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€7k▲
Transfer to equity691/2€6k€7k▲
To other reserves6921€6k€7k▲
The notes to these accounts (11 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €102k ▲6.5%
4 profitable years in a row build equity to €102k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Highest result since 2019net €26k ▲81.7%
Operating result €32k, net result €26k, both a record.
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 45 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-3k ▼2087%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Pelt · 1 establishment unit since 1995
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.
Kaulillerweg(SHL) 23910 PeltGround area
1,600 m²
Building footprint
822 m²
Volume, LiDAR
3,981 m³
Parcel 72033B0727/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HAPPY DAYS
since 19952.071.059.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033B0727/00T000 | Flanders | 1,600 m² | 1 · 822 m² | 9.1 m · 2 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.
Similar companies · same sector, comparable size
Euroglas Immo
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Schoofs Construct
BE 0777.864.873
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IT
BE 0476.320.379
Dentergem · Eq €109k
DELBOR
BE 0451.880.537
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Industrial Carpet and Broadloom Manufacturing International
BE 0424.795.068
Knokke-Heist · Eq €108k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,837 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-08-1993
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.