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HAPPY FACTORY

Active
Private limited company (pre-2019)founded 2014active for 12 yearsLouizalaan 480, 1050 Brussel, BelgiumKBO/BCE: BE 0550.662.565

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HAPPY FACTORY has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,195) and a net result of -€5,567. Equity has been shrinking by about 40% per year since 2018. Its solvency ranks better than 5% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 16-04-2014 Normal situation
Registered office
270 active companies are registered at this address 17 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Organisation of conventions and trade shows NACE 82300and 4 others
Establishment unit
2.242.130.848 1050 Elsene, since 02-04-2015
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • Becko MichaëlDirector · since 02-04-2014
  • Gersdorff BenjaminDirector · since 02-04-2014
Shareholders

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
-€4,118
▼ 26.2%
Loss
€5,567
▲ 18.9%
Equity
-€56,195
▼ 11.0%
Total assets
€3,290
▲ 28.9%
Turnover not published (micro format)
Filed on 12-08-2026, 12 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityLoss of €5,567, the second in a row (financial year 2025)Negative equity -€56,195lowers riskSize: total assets €3,290Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in office administrative support (NACE 82)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -1707.9% of total assets
Liquidity 12+11
short-term debt 1807.9% · cash 9.5%
Profitability 0=
return on assets -169.2%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,668 companies, NACE 82, micro)
Last 24 months 11-2024: 2.2%highest value 12-2024: 2.2%● unchanged vs 11-2024highest value 01-2025: 0.9%▼ -1.3 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.8%▼ -0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 1.3%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▲ +0.4 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.6%▼ -0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.5%▼ -0.1 percentage points vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▼ -1.1 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026lowest value
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 82, micro). It does better than 5% of them on solvency, 7% on liquidity, 5% on profitability and 26% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €3,290
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €5,567, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€56,195
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
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 -€56,195
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 days late
2024
54 days late
2023
30 days late
2022
31 days late
2021
25 days late
2020
9 days early
2019
91 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 33 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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
01-11-2026 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

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€56,195 View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€5,567 View
  • Caution: Lower solvency than 95% of companies in office administrative supportsector median 50.3% · 9,652 companies -1707.9% View

Comparable companies

These companies have the same main activity as HAPPY FACTORY: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €1,800 and €9,130, founded between 2007 and 2019.

CompanyTotal assetsGross margin
HAPPY FACTORY Brussel€3,290-€4,118
Abadac Beerse€4,525-€9,314
Youlcee Antwerpen€7,104-€1,400
ROCK ON THE DOCK Antwerpen€4,135€327
MOLI DEL TRO Elsene€9,133-€1,407
Sixth Sense Schaarbeek€1,799-€684
GMV Socialite Schaarbeek€1,998-€363
Full comparison

Documents

Annual accounts at the NBB

All 12 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HAPPY FACTORY

What is the company number of HAPPY FACTORY?
The company number of HAPPY FACTORY is 0550.662.565. The VAT number is the same number with BE in front: BE 0550.662.565.
Where is HAPPY FACTORY based?
The registered office is at Louizalaan 480, 1050 Brussel.Company details
What does HAPPY FACTORY do?
According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
What is the legal form of HAPPY FACTORY?
The legal form of HAPPY FACTORY is Private limited company (pre-2019) (BVBA).
When was HAPPY FACTORY founded?
HAPPY FACTORY was founded on 16-04-2014.
Is HAPPY FACTORY still active?
Yes, HAPPY FACTORY is an active enterprise in the KBO register.
How many employees does HAPPY FACTORY have?
HAPPY FACTORY had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of HAPPY FACTORY?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2019 turnover was €56,426.
Is HAPPY FACTORY profitable?
In financial year 2025, HAPPY FACTORY made a loss of €5,567.
Where can I find the annual accounts of HAPPY FACTORY?
HAPPY FACTORY filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HAPPY FACTORY due?
HAPPY FACTORY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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