We Love Happiness
We Love Happiness is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €691k and a net result of €-11k. Equity is growing by ~55.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 1416 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €691k |
| Net result | €-11k |
| Better than sector | 95% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.5% | 37.5% | |
| Net result | €-11k | €45k | |
| Equity | €691k | €365k | |
| Gross operating margin | €-5k | €64k | |
| Total assets | €708k | €1.42M |
Show 1 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-11k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €708k |
| Equity | €691k |
| Debt | €18k |
| of which ≤ 1y | €18k |
| of which > 1y | €0 |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 97.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -1.6% |
| ROE | -1.6% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €708k |
| Fixed assets | 21/28 | €700k |
| Financial fixed assets | 28 | €700k |
| Current assets | 29/58 | €8k |
| Amounts receivable within one year | 40/41 | €0 |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €708k |
| Equity | 10/15 | €691k |
| Contributions / capital | 10/11 | €720k |
| Accumulated profits (losses) | 14 | €-29k |
| Amounts payable | 17/49 | €18k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €18k |
| Trade debts payable within one year | 44 | €370 |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-6k |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
-
CORRIGAN COMMUNICATIELegal entityDirector· perm. rep.: CORRIGAN Karin Elisabeth AugustState Gazette act 24405035 (12-06-2024)Current30-05-2024 → present
2 events
- 30-05-2024 Resigned· Director
- 30-05-2024 Appointed· Director
-
Corrigan Communicatie BVLegal entityManaging director· perm. rep.: Karin CorriganState Gazette act 24091597 (18-06-2024)Current30-05-2024 → present
-
DE VRIES FransDirectorState Gazette act 24405035 (12-06-2024)Current30-05-2024 → present
-
JDCI BVLegal entityManaging director· perm. rep.: Jan DorssemontState Gazette act 24091597 (18-06-2024)Current30-05-2024 → present
-
KAT AriaanDirectorState Gazette act 24405035 (12-06-2024)Current30-05-2024 → present
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 19-02-2021 |
| Status | Active |
| Postal code | 1800 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0921/00R002 | Flanders | 904 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-09-2025 Registered office moved within Vilvoorde
- Steenkaai 42, 1800 Vilvoorde → 1800 Vilvoorde, Laurent-Benoit Dewezplein 4
Technical details
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}18-06-2024 5 directors appointed
- Karin Corrigan, Gedelegeerd bestuurder
- Jan Dorssemont, Gedelegeerd bestuurder
- Karin Corrigan, Vaste vertegenwoordiger
- Jan Dorssemont, Vaste vertegenwoordiger
- Adriaan de Leeuw, Vaste vertegenwoordiger
Technical details
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}12-06-2024 3 directors appointed, 1 resigning
- DE VRIES Frans, Bestuurder
- KAT Ariaan, Bestuurder
- CORRIGAN Karin Elisabeth August, Bestuurder
- CORRIGAN COMMUNICATIE, Bestuurder
Technical details
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"een uitgifte van het proces-verbaal",
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}10-06-2024 Capital increase of €300,245.99
- Inbreng in natura · Apport en nature
Technical details
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},
"bedrijfsrevisor": {
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"firm_kbo": null,
"firm_name": "Roeckens BV",
"ibr_number": null,
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},
"subject_company": {
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"name_full": "WE LOVE HAPPINESS",
"legal_form": "Besloten Vennootschap",
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},
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},
"co_filed_documents": [
"uitgifte van het proces-verbaal",
"twalf volmachten",
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],
"shareholders_after": [],
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}06-12-2023 Capital increase of €169,381.28
- Inbreng in geld · Apport en numéraire
Technical details
{
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}| Legal nameNL | We Love Happiness |