Happyfounders
ActiveSummary
The computed 12-month bankruptcy probability of Happyfounders is 2.2% (moderate). The 2025 annual accounts show equity of €275,448 and a net result of -€5,689. Equity remains stable across the filed fiscal years (±2.5% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+1
Solvency53▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.16 against 0.13 in 2024; short-term debt: 53.1% and cash: 0% of total assets), and 72.3% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.7%
Return on assets
-0.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€5,689
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
6 d early
2022
on the day
2021
4 d early
2020
2 d early
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€275,448▼ 2.0%
2024 · €281,137
Total assets
€993,396▲ 1.7%
2024 · €977,218
Net result
-€5,689▲ 40.8%
2024 · -€9,618
Working capital
-€444,417▼ 1.3%
2024 · -€438,728
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,810-€12,390-€7,336▲ 40.8%-€9,123▼ 24.4%-€5,600▲ 38.6%
Net result€6,744-€12,474-€7,420▲ 40.5%-€9,618▼ 29.6%-€5,689▲ 40.8%
Equity€310,650▲ 2.2%€298,175▼ 4.0%€290,756▼ 2.5%€281,137▼ 3.3%€275,448▼ 2.0%
Total assets€675,746▲ 0.7%€982,114▲ 45.3%€980,497▼ 0.2%€977,218▼ 0.3%€993,396▲ 1.7%
Debt€365,096▼ 0.6%€683,939▲ 87.3%€689,741▲ 0.8%€696,080▲ 0.9%€717,948▲ 3.1%
Working capital€390,781▲ 1.7%-€422,689-€430,108▼ 1.8%-€438,728▼ 2.0%-€444,417▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,600 in 2025 against €9,123 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €993,396
Fixed assets
€910,198 =
Current assets
€83,198 ▲ 24.1%
Equity and liabilities €993,396
Equity
€275,448 ▼ 2.0%
Debt
€717,948 ▲ 3.1%
Debt's share of the balance-sheet total rises from 71.2% to 72.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.16▲
2024 · 0.13
Debt to equity
2.61▲
2024 · 2.48
ROE
-2.1%▲
2024 · -3.4%
ROA
-0.6%▲
2024 · -1.0%
Debt ≤ 1 year
€527,615▲
2024 · €505,747
Debt > 1 year
€190,333=
2024 · €190,333
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €470 | €311 | €610 | €130 | ▼ 78.8% |
| Non-recurring operating charges66A | - | - | - | €720 | - | - |
| Gross operating margin9900 | €7,157 | -€11,920 | -€7,024 | -€7,793 | -€5,471 | ▲ 29.8% |
| Operating profit (loss)9901 | €6,810 | -€12,390 | -€7,336 | -€9,123 | -€5,600 | ▲ 38.6% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | - | €84 | €84 | €496 | €89 | ▼ 82.0% |
| Recurring financial charges65 | €65 | €84 | €84 | €496 | €89 | ▼ 82.0% |
| Profit (loss) for the period before taxes9903 | €6,744 | -€12,474 | -€7,420 | -€9,618 | -€5,689 | ▲ 40.8% |
| Profit (loss) for the period9904 | €6,744 | -€12,474 | -€7,420 | -€9,618 | -€5,689 | ▲ 40.8% |
| Profit (loss) for the period to be appropriated9905 | €6,744 | -€12,474 | -€7,420 | -€9,618 | -€5,689 | ▲ 40.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €675,746 | €982,114 | €980,497 | €977,218 | €993,396 | ▲ 1.7% |
| Fixed assets21/28 | €110,202 | €911,197 | €911,197 | €910,198 | €910,198 | = |
| Intangible fixed assets21 | - | - | - | €1 | €1 | = |
| Financial fixed assets28 | €110,202 | €911,197 | €911,197 | €910,197 | €910,197 | = |
| Current assets29/58 | €565,544 | €70,917 | €69,300 | €67,020 | €83,198 | ▲ 24.1% |
| Amounts receivable after more than one year29 | - | €63,750 | €63,750 | €63,750 | €83,147 | ▲ 30.4% |
| Other amounts receivable291 | - | €63,750 | €63,750 | €63,750 | €83,147 | ▲ 30.4% |
| Amounts receivable within one year40/41 | €3,547 | €4,558 | €4,744 | - | - | - |
| Trade receivables40 | - | €295 | - | - | - | - |
| Other amounts receivable41 | - | €4,263 | €4,744 | - | - | - |
| Cash at bank and in hand54/58 | €13,252 | €2,609 | €806 | €3,270 | €51 | ▼ 98.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €675,746 | €982,114 | €980,497 | €977,218 | €993,396 | ▲ 1.7% |
| Equity10/15 | €310,650 | €298,175 | €290,756 | €281,137 | €275,448 | ▼ 2.0% |
| Contributions10/11 | - | €421,115 | €421,115 | €421,115 | €421,115 | = |
| Reserves13 | €4,380 | €4,380 | €4,380 | €4,380 | €4,380 | = |
| Tax-exempt reserves132 | - | €932 | €932 | €932 | €932 | = |
| Distributable reserves133 | - | €3,448 | €3,448 | €3,448 | €3,448 | = |
| Profit (loss) carried forward14 | -€114,845 | -€127,320 | -€134,739 | -€144,357 | -€150,047 | ▼ 3.9% |
| Amounts payable17/49 | €365,096 | €683,939 | €689,741 | €696,080 | €717,948 | ▲ 3.1% |
| Amounts payable after more than one year17 | €190,333 | €190,333 | €190,333 | €190,333 | €190,333 | = |
| Other amounts payable178/9 | - | €190,333 | €190,333 | €190,333 | €190,333 | = |
| Amounts payable within one year42/48 | €174,763 | €493,606 | €499,408 | €505,747 | €527,615 | ▲ 4.3% |
| Trade debts44 | €1,782 | €5,513 | €3,206 | €2,778 | €847 | ▼ 69.5% |
| Suppliers440/4 | - | €5,513 | €3,206 | €2,778 | €847 | ▼ 69.5% |
| Taxes, remuneration and social security45 | - | - | - | €19 | €19 | = |
| Taxes450/3 | - | - | - | €19 | €19 | = |
| Other amounts payable47/48 | - | €488,093 | €496,202 | €502,951 | €526,750 | ▲ 4.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,744 | -€12,474 | -€7,420 | -€9,618 | -€5,689 | ▲ 40.8% |
| Operating cash flow (approximation) | €6,744 | -€12,474 | -€7,420 | -€9,618 | -€5,689 | ▲ 40.8% |
| Investment in fixed assets (approximation) | - | -€800,995 | €0 | €999 | €0 | ▼ 100% |
| Change in cash | - | -€10,643 | -€1,803 | €2,464 | -€3,219 | ▼ 231% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €6,744
Net result €6,744 after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 364 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Elsene · 1 establishment unit since 2014
Ground area
4,571 m²
Building footprint
2,888 m²
Volume, LiDAR
61,525 m³
2 parcels, Brussels · tallest building 45.5 m, ±7 floors. Linked by address, not a title deed.
335
companies at this address
See who is registered here
1 establishment unit
CHATELIER
since 20142.232.372.846
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
| 21822R0224/00B008 | Brussels | 1,042 m² | 1 · 1,010 m² | 45.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 2
- MELTINGSPOT SASFRsubsidiarySourceown accounts 30-06-202553.33%
- OSCAR HOME SASFRSourceown accounts 30-06-20255%
According to the annual accounts to 30-06-2025 of Happyfounders and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2014
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.