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Happy Days

Active
Private limited companyfounded 20188 yrs activeTingelhof 12, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0692.517.939

Happy Days has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-39k) and a net result of €-55k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
29 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-9
Solvency0▼-55
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.05 in 2024; short-term debt: 803.1% and cash: 11.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-703.1%
Return on assets
-999.5%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-39k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 8 filings
Deviation from the deadline
2025
29 d late
2024
23 d late
2023
27 d late
2022
30 d late
2021
22 d late
2020
25 d late
2019
52 d late
← 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-39k
2024 · €16k
2018: €24k 2019: €22k 2020: €21k 2021: €18k 2022: €20k 2023: €21k 2024: €16k
2018 → 2025
Total assets
€6k▼ 90.0%
2024 · €55k
2018: €59k 2019: €50k 2020: €53k 2021: €56k 2022: €58k 2023: €57k 2024: €55k
2018 → 2025
Net result
€-55k▼ 1,152%
2024 · €-4k
2018: €-6k 2019: €-2k 2020: €-588 2021: €-3k 2022: €2k 2023: €1k 2024: €-4k
2018 → 2025
Working capital
€-41k▼ 11.7%
2024 · €-37k
2018: €-21k 2019: €-28k 2020: €-30k 2021: €-36k 2022: €-34k 2023: €-32k 2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€18k-€20k▲ 9.1%€21k▲ 6.0%€16k▼ 21.2%€-39k
Operating result€-3k-€2k€1k▼ 20.3%€-4k€-5k▼ 14.8%
Net result€-3k-€2k€1k▼ 28.2%€-4k€-55k▼ 1,152%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2021: €-3k€-3kNet result 2021: €-3k€-3kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €1k€1kNet result 2023: €1k€1kOperating result 2024: €-4k€-4kNet result 2024: €-4k€-4kOperating result 2025: €-5k€-5kNet result 2025: €-55k€-55k20212022202320242025
The operating result stays negative: a loss of €5k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets €2k▼ 95.4%
Current assets €3k▲ 50.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-4k
2024 · €-4k
Cash flow
€-54k
2024 · €-4k
Solvency
-703.1%
2024 · 29.6%
Current ratio
0.07
2024 · 0.05
Quick ratio
0.02
2024 · 0.00
Debt / equity
-1.14
2024 · 2.38
ROA
-999.5%
2024 · -8.0%
Interest coverage
-41.90
2024 · -94.11
Debt
€44k
2024 · €39k
Debt ≤ 1 year
€44k
2024 · €39k
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€55k€6k
Fixed assets21/28€53k€2k
Tangible fixed assets22/27€3k€2k
Furniture and vehicles24€2k€855
Other tangible fixed assets26€2k€2k=
Financial fixed assets28€50k-
Current assets29/58€2k€3k
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€64€464
Other amounts receivable41€64€464
Cash at bank and in hand54/58€12€636
Equity and liabilities
Total equity and liabilities10/49€55k€6k
Equity10/15€16k€-39k
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-14k€-69k
Amounts payable17/49€39k€44k
Amounts payable within one year42/48€39k€44k
Trade debts44€229€2k
Suppliers440/4€229€2k
Taxes, remuneration and social security45€50-
Taxes450/3€50-
Other amounts payable47/48€39k€42k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€688€801
Other operating charges640/8€525€1k
Gross operating margin9900€-3k€-3k
Operating profit (loss)9901€-4k€-5k
Financial charges65/66B€39€50k
Recurring financial charges65€39€100
Non-recurring financial charges66B-€50k
Profit (loss) for the period before taxes9903€-4k€-55k
Profit (loss) for the period9904€-4k€-55k
Profit (loss) for the period to be appropriated9905€-4k€-55k
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-69k
Profit (loss) brought forward from the previous period14P€-9k€-14k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series.
23-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Back to profitnet €2k
Net result €2k after 4 loss-making years.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
21-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-12-2025 Resigned as Director
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Tingelhof 128301 Knokke-Heist
Ground area
150 m²
Building footprint
67 m²
Volume, LiDAR
526 m³
Parcel 31337C0029/00A002, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Food Brothers
Tingelhof 12, 8301 Knokke-HeistActivities of head offices; management consultancy activities
since 20182.274.674.744
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31337C0029/00A002 Flanders 150 m² 1 · 67 m² 10.2 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.

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 28,367 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-03-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.