Skip to content

HAPY

Active Private limited companyfounded 1989active for 37 yearsRue de Mons 38, 1480 TubizeKBO/BCE: BE 0436.628.969 #3 oldest company in Tubize, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €135,703 (2014)
€80,403▼ 0.7%
lowest -€37,522 (2022)
-€9,636▼ €7,436
peak €38,877 (2015)
-€29,607▼ €9,636
€40,542▲ 14.6%
peak 4 FTE (2019)
-not published
Board3 names since 2017
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €9,636Equity from -€19,971 to -€29,607

Key points

from the 2025 annual accounts

Equity

-€29,607
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€51,220 in four years
-37,5222022-1,8622023-2,2002024-9,6362025

Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.

Turnover

≈ €260,000 estimated

The accounts state no turnover.

Debts

€40,542 371% of the balance sheet
Financial debts 5%Suppliers 63%Taxes and wages 20%Other 12%

Filings

36 annual accounts 61 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

-270.8%

Lower solvency than 95% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,618 companies had the same profile as HAPY has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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 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 6,618 companies, not a prediction for HAPY. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • associée activedeed of 24-11-2017
  • associée activedeed of 24-11-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0436628969
Capital conversion · Amendment of the articles · Legal-form change · Resignations & appointments Changes of role: (director) and (director) · 750 shares · General meeting of 26-12-2023 · Gazette deed
New manager appointed, resigned · Partner: (associée active) · Share transfer: · General meeting of 30-09-2017 · Gazette deed
First establishment HAPY SPRL, Rue de Mons 38, Tubize
All 49 events

Comparable companies

same main activity, similar in size and age
Company
HAPY Tubize €10,935 €80,403 -270.8% -
BLUESETTE Ghent €9,032 €69,276 -794.3% -
KOK & KO Blankenberge €10,962 €83,423 -402.8% 1.2
ORCA Middelkerke €10,123 €62,656 -3252.9% -
TRE - NAPOLI Antwerp €13,094 €65,575 -227.5% -
LA CHILINA Charleroi €12,699 €109,304 -274.4% -
LA LUCARNE BLANCHE Charleroi €14,132 €120,630 -1377.9% -

These companies have the same main activity as HAPY: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €9,030 and €14,100, founded between 1992 and 1997.

Official details

Source: KBO
Status
Active since 27-01-1989Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.042.212.5611480 Tubize, since 16-02-1989
Financial year end
31 December
Peppol
Reachable since 19-01-2026
Company details

Annual accounts 2025

€10,935▼ 29.0%
Employeeson 31-12-2025
2=
Filing
Filed on 30-09-2026
Financials

Insights on HAPY

HAPY files the micro format. That format states no turnover. The gross margin rose from €52,370 in 2006 to €80,403 in 2025.

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 HAPY

What is the company number of HAPY?
The company number of HAPY is 0436.628.969. The VAT number is the same number with BE in front: BE 0436.628.969.
Where is HAPY based?
The registered office is at Rue de Mons 38, 1480 Tubize.Company details
What does HAPY do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of HAPY?
HAPY is a private limited company (BV).
When was HAPY founded?
HAPY was founded on 27-01-1989.
Is HAPY still active?
Yes, HAPY is an active enterprise in the KBO register.
How many employees does HAPY have?
HAPY had an average of 5.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HAPY?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €80,403 and 72 comparable companies (NACE 56111). It probably lies between €220,000 and €340,000. In financial year 2018 turnover was €317,003.
Is HAPY profitable?
In financial year 2025, HAPY made a loss of €9,636.
Where can I find the annual accounts of HAPY?
HAPY filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HAPY due?
HAPY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.