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HappyClient

Active
Private limited companyfounded 2025active for 1 yearCoupure 88, 9000 Gent, Belgium129 active companies are registered at this addressKBO/BCE: BE 1022.204.608
Summary

HappyClient has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,056) and a net result of -€66,056. Its solvency ranks better than 8% of 21,070 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
-€15,056
Total assets
€146,020
Net result
-€66,056
Working capital
€42,680

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €146,020
Fixed assets €64,252
Current assets €81,767
Equity and liabilities
Equity-€15,056
Debt€161,076
Equity is negative: debt (€161,076) exceeds the balance-sheet total (€146,020).
Key figures and ratios
2025 value
EBITDA
-€64,195
Cash flow
-€65,525
Solvency
-10.3%
Current ratio
2.09
ROA
-45.2%
Interest coverage
-48.23
Debt
€161,076
Debt ≤ 1 year
€39,087
Debt > 1 year
€90,000
Staff costs
€34,002
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.2% still going

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€146,020
Fixed assets21/28€64,252
Intangible fixed assets21€62,417
Tangible fixed assets22/27€1,835
Furniture and vehicles24€1,835
Current assets29/58€81,767
Amounts receivable within one year40/41€19,088
Trade receivables40€10,547
Other amounts receivable41€8,541
Cash at bank and in hand54/58€61,902
Deferred charges and accrued income490/1€778
Equity and liabilities
Total equity and liabilities10/49€146,020
Equity10/15-€15,056
Contributions10/11€51,000
Profit (loss) carried forward14-€66,056
Amounts payable17/49€161,076
Amounts payable after more than one year17€90,000
Financial debts170/4€90,000
Amounts payable within one year42/48€39,087
Trade debts44€29,706
Suppliers440/4€29,706
Taxes, remuneration and social security45€9,381
Taxes450/3€1,329
Remuneration and social security454/9€8,052
Accrued charges and deferred income492/3€31,989
Income statement Code2025
Remuneration, social security and pensions62€34,002
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€532
Other operating charges640/8€400
Gross operating margin9900-€29,794
Operating profit (loss)9901-€64,727
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€1,331
Recurring financial charges65€1,331
Profit (loss) for the period before taxes9903-€66,056
Profit (loss) for the period9904-€66,056
Profit (loss) for the period to be appropriated9905-€66,056
Appropriation of the result
Profit (loss) to be appropriated9906-€66,056

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€34,002
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€532
Other operating charges640/8€400
Gross operating margin9900-€29,794
Operating profit (loss)9901-€64,727
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€1,331
Recurring financial charges65€1,331
Profit (loss) for the period before taxes9903-€66,056
Profit (loss) for the period9904-€66,056
Profit (loss) for the period to be appropriated9905-€66,056
Line2025
Assets
Total assets20/58€146,020
Fixed assets21/28€64,252
Intangible fixed assets21€62,417
Tangible fixed assets22/27€1,835
Furniture and vehicles24€1,835
Current assets29/58€81,767
Amounts receivable within one year40/41€19,088
Trade receivables40€10,547
Other amounts receivable41€8,541
Cash at bank and in hand54/58€61,902
Deferred charges and accrued income490/1€778
Equity and liabilities
Total equity and liabilities10/49€146,020
Equity10/15-€15,056
Contributions10/11€51,000
Profit (loss) carried forward14-€66,056
Amounts payable17/49€161,076
Amounts payable after more than one year17€90,000
Financial debts170/4€90,000
Amounts payable within one year42/48€39,087
Trade debts44€29,706
Suppliers440/4€29,706
Taxes, remuneration and social security45€9,381
Taxes450/3€1,329
Remuneration and social security454/9€8,052
Accrued charges and deferred income492/3€31,989
Line2025
Profit (loss) for the period9904-€66,056
+ Depreciation and write-downs630€532
Operating cash flow (approximation)-€65,525

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-07-2026 2026-00329674

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,930. See the whole sector

Subsidies and aid

Flemish government

2025 · 2 entries · €51,080 awarded · €51,080 paid
Schemes
1 entry · €50,000 · €50,000 paid · Fonds voor Innoveren en Ondernemen
1 entry · €1,080 · €1,080 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.