Losses
-€4.0m in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
HappyNest
Lifetime
3 annual accounts with figures on one time axispeak €719,234 (2025)
€719,234▲ €1.0m
lowest -€1.7m (2025)
-€1.7m▼ €233,602
peak €7.6m (2024)
€5.9m▼ 22.8%
€38.7m▲ 56.6%
peak 0 FTE (2024)
0 FTE
Board8 names since 2023
5 directors and 4 others
Owners2 names in the annual accounts
50% and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Gross margin from -€293,992 to €719,234Loss of €1.7mEquity from €7.6m to €5.9mDebts from €24.7m to €38.7mInvestments €14.7mCash from €270,997 to €362,187
Key points
from the 2025 annual accountsTurnover
≈ €1.7m estimated
The abbreviated format states no turnover.
Debts
€38.7m 87% of the balance sheet
Financial debts 97%Suppliers 2%
€37.5m of the debts are secured on the company's own assets. In 2024 that was €23.5m.
Investments
€15.0m 12.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 44.4% higher than in 2024.
At the same address
264 companies
Board
3 joined · 1 left
Board changed. Latest change 22-01-2026 · 5 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 137 companies had the same profile as HappyNest has now. Each dot is one company, two years later.
95.6%
were still trading
2.2%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 137 companies, not a prediction for HappyNest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 25-05-2023
Director, , since 25-05-2023
Director, since 25-05-2023
Director, since 24-07-2024
Director, , since 24-07-2024
Auditor,
- 50%annual accounts 2025
- 50%score equity €309.3m (2025) · annual accounts 2025
Recent changes
3 directors appointed, 1 resignation
Appointments: , and · Permanent representative: · Resignation: (director) · Board meeting of 30-01-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802098146
Environmental permit refused
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Houthalen-Helchteren
Capital increase of €8,400,000 to €12,200,000
Capital from €3,800,000 to €12,200,000 · Appointment: (statutory auditor) · Permanent representative: · General meeting of 08-04-2024 · Gazette deed
Official details
Source: KBO- Status
- Active since 25-05-2023Normal situation
- Registered office
- 265 active companies are registered at this address28 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- “Het geven van advies inzake vastgoed,zowel inzake aan-en verkoop,als inzake verhuur,optimalisatie en duurzaamheid en…” (deed in Dutch)From the articles, 13 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.394.711.1551000 Brussels, since 25-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €44.6m▲ 37.9%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on HappyNest
HappyNest files the abbreviated format. That format states no turnover. The gross margin rose from -€454,678 in 2023 to €719,234 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HappyNest
- What is the company number of HappyNest?
- The company number of HappyNest is 0802.098.146. The VAT number is the same number with BE in front: BE 0802.098.146.
- Where is HappyNest based?
- The registered office is at Kantersteen 47, 1000 Brussels.Company details
- What is the legal form of HappyNest?
- HappyNest is a public limited company (NV).
- When was HappyNest founded?
- HappyNest was founded on 25-05-2023.
- Is HappyNest still active?
- Yes, HappyNest is an active enterprise in the KBO register.
- What is the turnover of HappyNest?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €719,234 and 2,275 comparable companies of the same size. It probably lies between €1.0m and €2.9m. It is a rough estimate.Financials
- Is HappyNest profitable?
- In financial year 2025, HappyNest made a loss of €1.7m.
- Where can I find the annual accounts of HappyNest?
- HappyNest filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HappyNest due?
- HappyNest must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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