HAPPY HOUSE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HAPPY HOUSE CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €936,401 and a net result of -€98,601. Equity has been growing by about 31% per year since 2019. Its solvency ranks better than 19% of 10,826 sector peers (NACE 70, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 27-01-2006 Normal situation
- Registered office
- 17 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Activities of head offices NACE 70100and 2 others
- Establishment unit
- 2.152.432.275 4900 Spa, since 01-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- Barbara KRICKELDirector
- Holdings
- Shares in 2 companies BT GERONSTERE and LA GERONSTERE
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €378,161
- ▼ 59.8%
- Turnover
- ≈ €590,000
- estimated
- Loss
- €98,601
- Equity
- €936,401
- ▼ 9.5%
- Total assets
- €6.2m
- ▼ 5.9%
- Employees on 31-12-2025
- 1
- ▼ 50.0%
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.52, cash €25,231Last filed accounts filed 61 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSize: 0.4 FTE, total assets €6.2mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 20% of them on solvency, 26% on liquidity, 19% on profitability and 29% on growth.
The bankruptcy probability was computed on 04-11-2026 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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Signals
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved within SpaNew seat: Rue Rogler n°14, 4900 SPA · Previous seat: PLACE VERTE 92, 4900 SPA, BELGIQUE
- · Gazette deed Resignation: Alain KRICKEL (director)Director discharge: Alain KRICKEL
- · Gazette deed Appointment: Alain KRICKEL (director)Reappointment: Barbara KRICKEL (director)
Comparable companies
These companies have the same main activity as HAPPY HOUSE CONSTRUCT: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €4.1m and €6.9m, founded between 2002 and 2008.
| Company | Total assets | Gross margin |
|---|---|---|
| HAPPY HOUSE CONSTRUCT Spa | €6.2m | €0.4m |
| wgi invest Ieper | €6.7m | €0.4m |
| N & J INVEST Roeselare | €6.9m | €0.4m |
| VIPRON Deerlijk | €6.9m | €0.4m |
| RBfarma Leuven | €4.1m | €0.4m |
| Vlimbouter Ronse | €4.6m | €0.4m |
| MELEBA Oudenaarde | €4.9m | €0.5m |
Key facts about HAPPY HOUSE CONSTRUCT
- What is the company number of HAPPY HOUSE CONSTRUCT?
- The company number of HAPPY HOUSE CONSTRUCT is 0878.952.434. The VAT number is the same number with BE in front: BE 0878.952.434.
- Where is HAPPY HOUSE CONSTRUCT based?
- The registered office is at Rue Rogier 14, 4900 Spa.Company details
- What does HAPPY HOUSE CONSTRUCT do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of HAPPY HOUSE CONSTRUCT?
- The legal form of HAPPY HOUSE CONSTRUCT is Private limited company (BV).
- When was HAPPY HOUSE CONSTRUCT founded?
- HAPPY HOUSE CONSTRUCT was founded on 27-01-2006.
- Is HAPPY HOUSE CONSTRUCT still active?
- Yes, HAPPY HOUSE CONSTRUCT is an active enterprise in the KBO register.
- How many employees does HAPPY HOUSE CONSTRUCT have?
- HAPPY HOUSE CONSTRUCT had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HAPPY HOUSE CONSTRUCT?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €378,161 and 78 comparable companies (NACE 70). It probably lies between €450,000 and €1.1m.
- Is HAPPY HOUSE CONSTRUCT profitable?
- In financial year 2025, HAPPY HOUSE CONSTRUCT made a loss of €98,601.
- Where can I find the annual accounts of HAPPY HOUSE CONSTRUCT?
- HAPPY HOUSE CONSTRUCT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HAPPY HOUSE CONSTRUCT due?
- HAPPY HOUSE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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