Maison Heureuse
ActiveMaison Heureuse has been active since 1956 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.31M and a net result of €1.05M. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 73% of 461 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73=
Solvency92▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.9M at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.48 in 2024; short-term debt: 27.9% and cash: 35% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.3%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
51 d early
2023
44 d early
2022
42 d early
2021
33 d early
2020
33 d early
2019
38 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€21.31M▲ 4.4%
2024 · €20.41M
2018: €14.17M
2019: €14.07M
2020: €14.07M
2021: €15.22M
2022: €16.80M
2023: €19.41M
2024: €20.41M
2018 → 2025
Total assets
€31.66M▲ 5.5%
2024 · €30.00M
2018: €18.12M
2019: €18.75M
2020: €19.42M
2021: €20.85M
2022: €23.55M
2023: €28.91M
2024: €30.00M
2018 → 2025
Net result
€1.05M▼ 3.3%
2024 · €1.09M
2018: €-7k
2019: €-53k
2020: €55k
2021: €1.09M
2022: €1.61M
2023: €1.31M
2024: €1.09M
2018 → 2025
Working capital
€16.13M▲ 13.9%
2024 · €14.16M
2018: €6.56M
2019: €7.54M
2020: €8.64M
2021: €8.89M
2022: €11.60M
2023: €15.47M
2024: €14.16M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15.22M-€16.80M▲ 10.4%€19.41M▲ 15.5%€20.41M▲ 5.1%€21.31M▲ 4.4%
Operating result€1.06M-€1.59M▲ 49.3%€1.22M▼ 23.4%€926k▼ 23.9%€932k▲ 0.7%
Net result€1.09M-€1.61M▲ 48.2%€1.31M▼ 18.9%€1.09M▼ 17.0%€1.05M▼ 3.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31.66M
Fixed assets
€6.70M▲ 6.4%
Current assets
€24.96M▲ 5.3%
Equity and liabilities €31.66M
Equity
€21.31M▲ 4.4%
Debt
€10.35M▲ 7.8%
The debt ratio rises from 32.0% to 32.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.80M▲
2024 · €1.73M
Cash flow
€1.92M▲
2024 · €1.89M
Solvency
67.3%▼
2024 · 68.0%
Current ratio
2.83▲
2024 · 2.48
Quick ratio
2.83▲
2024 · 2.48
Debt / equity
0.49▲
2024 · 0.47
ROE
4.9%▼
2024 · 5.3%
ROA
3.3%▼
2024 · 3.6%
Interest coverage
236.68▲
2024 · 216.76
Debt
€10.35M▲
2024 · €9.60M
Debt ≤ 1 year
€8.83M▼
2024 · €9.54M
Staff costs
€22.77M▲
2024 · €22.43M
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€30.00M€31.66M▲
Fixed assets21/28€6.30M€6.70M▲
Tangible fixed assets22/27€6.30M€6.70M▲
Land and buildings22€5.67M€6.10M▲
Plant, machinery and equipment23€424k€366k▼
Furniture and vehicles24€214k€202k▼
Assets under construction and advance payments27-€32k
Current assets29/58€23.70M€24.96M▲
Amounts receivable within one year40/41€2.04M€2.28M▲
Other amounts receivable41€2.04M€2.28M▲
Current investments50/53€13.00M€11.50M▼
Cash at bank and in hand54/58€8.59M€11.07M▲
Deferred charges and accrued income490/1€76k€108k▲
Equity and liabilities
Total equity and liabilities10/49€30.00M€31.66M▲
Equity10/15€20.41M€21.31M▲
Contributions10/11€2.17M€2.17M=
Capital10€2.17M€2.17M=
Profit (loss) carried forward14€17.71M€18.75M▲
Investment grants15€524k€386k▼
Amounts payable17/49€9.60M€10.35M▲
Amounts payable within one year42/48€9.54M€8.83M▼
Trade debts44€154k€90k▼
Suppliers440/4€154k€90k▼
Taxes, remuneration and social security45€4.88M€4.90M▲
Taxes450/3€481k€467k▼
Remuneration and social security454/9€4.40M€4.43M▲
Accrued charges and deferred income492/3€60k€1.53M▲
Income statement
Code20242025
Operating income70/76A€27.66M€28.24M▲
Other operating income74€721k€758k▲
Non-recurring operating income76A€35k€60k▲
Operating charges60/66A€26.74M€27.31M▲
Services and other goods61€3.34M€3.55M▲
Remuneration, social security and pensions62€22.43M€22.77M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€801k€867k▲
Other operating charges640/8€132k€105k▼
Non-recurring operating charges66A€38k€18k▼
Operating profit (loss)9901€926k€932k▲
Financial income75/76B€169k€126k▼
Recurring financial income75€169k€126k▼
Income from current assets751€169k€126k▼
Other financial income752/9€2-
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Other financial charges652/9€8k€8k▼
Profit (loss) for the period before taxes9903€1.09M€1.05M▼
Profit (loss) for the period9904€1.09M€1.05M▼
Profit (loss) for the period to be appropriated9905€1.09M€1.05M▼
Appropriation of the result
Profit (loss) to be appropriated9906€17.71M€18.75M▲
Profit (loss) brought forward from the previous period14P€16.62M€17.70M▲
Social balance
Average headcount (FTE)9087332.3330.7▼
The notes to these accounts (50 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
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €1.61M ▲48.2%
Operating result €1.59M, net result €1.61M, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Liège · 18 establishment units since 1939
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.
Place Sainte-Barbe 114020 LiègeGround area
6.2 ha
Building footprint
5,822 m²
Volume, LiDAR
46,955 m³
17 parcels, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
18 establishment units
Beaumont St Michel
since 19392.138.254.637
Administration Centrale
since 19562.138.293.536
Foyer Jeunes Travailleurs
since 19562.138.293.635
Foyer Jeunes Filles
since 19562.138.293.734
Maison Maternelle
since 19562.138.293.833
Foyer les Faons
since 19562.138.293.932
Show 12 more locations
La Maison Blanche
since 19562.138.294.031
Foyer Jeunes Filles
since 19562.138.294.130
Centre Accueil Enfants
since 19562.138.294.229
Le Relais
since 19562.138.294.328
Les Marmousets
since 19562.138.294.427
Auberge des Haxhes
since 19562.138.294.526
La Guitoune
since 19562.138.294.625
La Tramontane
since 19562.138.294.724
La Marjolaine
since 19562.138.294.823
Centre Accueil Enfants
since 19562.138.294.922
Les Petites Maisons
since 19612.153.333.682
LE DOMAINE
since 19752.156.782.429
17 parcels
Wallonia
17
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032C0302/00N000 | Wallonia | 1.1 ha | 1 · 455 m² | 18.0 m · 2 fl. |
| 62020A0279/00T000 | Wallonia | 6,334 m² | - | - |
| 62302C0007/00N000 | Wallonia | 6,227 m² | 1 · 690 m² | 10.3 m · 2 fl. |
| 62112B0318/00N000 | Wallonia | 5,144 m² | 1 · 735 m² | 9.4 m · 2 fl. |
| 62001B0458/00Z000 | Wallonia | 4,849 m² | 1 · 638 m² | 9.2 m · 2 fl. |
| 62808A0008/00C000 ProtectedMonument |
Wallonia | 4,581 m² | 1 · 1,398 m² | 19.2 m · 4 fl. |
| 62001B0459/00F000 | Wallonia | 4,054 m² | 1 · 220 m² | - |
| 91030D0007/00R002 | Wallonia | 3,781 m² | 1 · 226 m² | - |
| 62815C0930/00Y000 | Wallonia | 3,693 m² | 1 · 273 m² | 13.3 m · 3 fl. |
| 63057B1228/00C000 | Wallonia | 3,208 m² | 1 · 154 m² | 14.2 m · 3 fl. |
| 62091E0966/00Z000 | Wallonia | 2,866 m² | 1 · 414 m² | 12.6 m · 3 fl. |
| 62003A0003/00G003 | Wallonia | 2,518 m² | 1 · 144 m² | 14.5 m · 4 fl. |
| 62067B0833/00F004 | Wallonia | 1,904 m² | 1 · 136 m² | 11.9 m · 3 fl. |
| 61005B0082/00G000 | Wallonia | 925 m² | - | - |
| 61344B0083/00H000 | Wallonia | 904 m² | 1 · 143 m² | 7.0 m · 2 fl. |
| 62808A0016/00A000indicative ProtectedMonument |
Wallonia | 166 m² | 1 · 83 m² | 16.2 m · 5 fl. |
| 92028A0229/00G000 | Wallonia | 103 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 16
16 of 17 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 606 entries · 74,990,275 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 517 | 22,793,256 EUR |
| 2024 | 39 | 22,164,990 EUR |
| 2023 | 25 | 17,144,441 EUR |
| 2022 | 2 | 12,695,556 EUR |
| 2021 | 23 | 192,033 EUR |
Budget allocations
Subventions aux services résidentiels et aux services qui mettent en œuvre un projet éducatif particulier
Sub. - PV : SASPE
Subventions non marchand
Initiatives diverses, projets particuliers et innovants
Fonds budgétaire destiné à subventionner des actions et des mesures d'aide à la jeunesse et de protection de la jeunesse
Show 4 more
Aide forfaitaire face aux frais médicaux portés par les familles d'accueil et les services agréés
Soutien aux secteurs de l'aide à la jeunesse
Fonds budgétaire destiné à la répartition du bénéfice annuel de la Loterie nationale entre les attributaires (C)
Récup. Sub. - PV : SASPE
Recognitions · licences · registrations
Food safety, FASFC
17 sitesAns2.138.293.734
Ans2.138.293.833
Ans2.138.294.229
Assesse2.153.333.682
Show 13 more sites
Beyne-Heusay2.138.294.130
Ciney2.138.294.922
Esneux2.138.294.031
Herstal2.138.294.526
Liège2.138.254.637
Liège2.138.293.635
Liège2.138.294.427
Liège2.138.294.625
Neupré2.138.294.328
Olne2.138.294.823
Sprimont2.138.293.932
Sprimont2.138.294.724
Wanze2.156.782.429
Legal Entity Identifier
254900OLS7MEJRLAC844
Similar companies · same sector, comparable size
Ruyskensveld vzw
BE 0454.113.319
Aalst · Eq €18.37M
Jeugdhulp Don Bosco Vlaanderen
BE 0408.666.344
Eeklo · Eq €24.73M
Ter Loke
BE 0407.933.104
Vosselaar · Eq €16.74M
XPLO
BE 0791.661.342
Roeselare · Eq €16.55M
KIOSK
BE 0460.964.388
Wommelgem · Eq €12.51M
Of 228 companies in sector 87991 we hold annual accounts for 209. 66 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded06-11-1956
Fiscal year end31-12
Activities, NACEBEL
85313
87991Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.