Happy Place is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.57M and a net result of €51k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 81% of 7994 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
25 d late
2024
12 d early
2023
9 d early
2022
24 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, micro schema
Equity
€2.57M▲ 2.0%
2024 · €2.52M
2022: €2.23M
2023: €2.35M
2024: €2.52M
2022 → 2025
Net result
€51k▼ 69.0%
2024 · €163k
2022: €23k
2023: €128k
2024: €163k
2022 → 2025
Total assets
€3.09M▼ 0.2%
2024 · €3.09M
2022: €2.69M
2023: €2.92M
2024: €3.09M
2022 → 2025
Solvency
83.2%▲ 1.8pp
2024 · 81.4%
2022: 82.9%
2023: 80.5%
2024: 81.4%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€2.23M-€2.35M▲ 5.7%€2.52M▲ 6.9%€2.57M▲ 2.0%
Operating result€33k-€162k▲ 397%€189k▲ 16.8%€43k▼ 77.3%
Net result€23k-€128k▲ 463%€163k▲ 28.0%€51k▼ 69.0%
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 falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.09M
Fixed assets
€1.15M▲ 4.1%
Current assets
€1.94M▼ 2.5%
Equity and liabilities €3.09M
Equity
€2.57M▲ 2.0%
Debt
€520k▼ 9.7%
The debt ratio falls from 18.6% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
83.2%▲
2024 · 81.4%
ROE
2.0%▼
2024 · 6.5%
ROA
1.6%▼
2024 · 5.3%
Debt
€520k▼
2024 · €576k
Debt ≤ 1 year
€221k▼
2024 · €252k
Debt > 1 year
€299k▼
2024 · €323k
Income taxes
€18k▼
2024 · €45k
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€3.09M€3.09M▼
Fixed assets21/28€1.10M€1.15M▲
Tangible fixed assets22/27€1.10M€1.15M▲
Land and buildings22€1.10M€1.15M▲
Plant, machinery and equipment23-€2k
Current assets29/58€1.99M€1.94M▼
Amounts receivable within one year40/41€78k€100k▲
Other amounts receivable41€78k€100k▲
Current investments50/53€1.80M€1.57M▼
Cash at bank and in hand54/58€115k€266k▲
Equity and liabilities
Total equity and liabilities10/49€3.09M€3.09M▼
Equity10/15€2.52M€2.57M▲
Contributions10/11€13k€13k=
Outside capital11€13k-
Share premium1100/10€13k-
Reserves13€2.50M€2.56M▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€2.50M€2.55M▲
Amounts payable17/49€576k€520k▼
Amounts payable after more than one year17€323k€299k▼
Financial debts170/4€323k€299k▼
Amounts payable within one year42/48€252k€221k▼
Current portion of amounts payable after more than one year42€24k€24k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€68k€66k▼
Taxes450/3€68k€64k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€160k€128k▼
Income statement
Code20242025
Non-recurring operating income76A€28k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€44k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€236k€91k▼
Operating profit (loss)9901€189k€43k▼
Financial income75/76B€34k€43k▲
Recurring financial income75€34k€43k▲
Financial charges65/66B€15k€18k▲
Recurring financial charges65€15k€18k▲
Profit (loss) for the period before taxes9903€209k€68k▼
Income taxes67/77€45k€18k▼
Profit (loss) for the period9904€163k€51k▼
Profit (loss) for the period to be appropriated9905€163k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€163k€51k▼
Transfer to equity691/2€163k€51k▼
To other reserves6921€163k€51k▼
The notes to these accounts (6 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2022net €163k ▲28%
Operating result €189k, net result €163k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2022
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.
Kasteellaan 349A9000 GentGround area
129 m²
Building footprint
157 m²
Volume, LiDAR
1,744 m³
Parcel 44804D0187/52B002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Happy Place
since 20222.328.957.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D0187/52B002 | Flanders | 129 m² | 1 · 157 m² | 14.2 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500155B3M91HRCF56
Similar companies · same sector, comparable size
GMJ
BE 0479.735.076
Sint-Truiden · Eq €2.57M
DNM
BE 0843.391.244
Meerhout · Eq €2.57M
Vabreko
BE 0824.497.327
Kalmthout · Eq €2.57M
THUYN INVEST
BE 0633.815.123
Brugge · Eq €2.57M
MEDIASCAP
BE 0886.032.840
Brussel · Eq €2.57M
Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 10,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2022
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.