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HAPPY LOG

Active
Public limited companyfounded 199333 yrs activePaapsemlaan 20, 1070 Anderlecht, BelgiumKBO/BCE: BE 0450.626.762
Summary

HAPPY LOG has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €605,703 and a net result of €138,236. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 52 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

What they do
Cafés and bars
NACE 56301NACE 55301
1 site
How big
€805,686total assets 2026
Equity
€605,703
Profit
€138,236
Net result -81%: other schema
Financially healthy?
75 Excellent Checked score 2026
Bankruptcy chance 12 m
1.3%
Who decides
Accounts 12 d early0 of 19 deeds read
Why 75- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2026
Axes · tick = 2025
Profitability80▼-20
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 19.69; short-term debt: 5% and cash: 11% of total assets), and 24.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
75.2%
Return on assets
17.2%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 19-08-2026, 12 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
12 d early
2025
9 d early
2024
52 d early
2023
314 d late
2022
on the day
2021
5 d early
2020
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 22 August (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-01-2027 close31-08-2027 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
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Highest result since 2019net €732,722 ▲5,020%

Key points

  • Caution: Result fell in 2026different schema filed ▼ 81.1% View
  • Positive: Among the best 10% on equitysector median €148,939 · 52 companies €605,703 View
  • Active since 1993founded 19-07-1993 33 years View

By topic

Financials

Fiscal year
2026
Total assets
€805,686
Profit
€138,236
Solvency
75.2%
Total assets▼ 3.1%
Net result
20192026
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-08-2027
  1. 19-08-2026Annual accounts filed
  2. 22-08-2025Annual accounts filed
  3. 31-01-2025Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Cafés and barsNACE 56301
Founded
19-07-1993
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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