HAPPENINGIT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HAPPENINGIT
Largest movements
- Receivables within one year -€7,786
down €7,786 (-21.1%), from €36,827 to €29,041
- Tangible fixed assets -€3,458
down €3,458 (-25.0%), from €13,831 to €10,373
- Cash +€2,124
new in 2025: €2,124
mainly Trade debts (+€18,726) and Receivables within one year (+€7,786)
- Intangible fixed assets -€1,352
down €1,352 (-15.9%), from €8,487 to €7,135
- Trade debts +€18,726
up €18,726 (+272.5%), from €6,872 to €25,598
- Profit (loss) carried forward -€16,831
down €16,831 (-40.8%), from €41,282 to €24,451
- Current portion of long-term debt -€11,627
no longer reported in 2025 (was €11,627)
- Short-term financial debts -€1,303
no longer reported in 2025 (was €1,303)
- Tax, wage and social debts +€1,174
up €1,174 (+5.1%), from €22,938 to €24,112
of which Taxes: +€1,425
- Gross operating margin +€71,569
up €71,569 (+507.1%), from €14,112 to €85,681
- Staff costs +€27,207
up €27,207 (+34.1%), from €79,761 to €106,968
- Financial income +€19,423
up €19,423 (+435.3%), from €4,462 to €23,885
of which Non-recurring financial income: +€19,431
- Taxes +€13,396
new in 2025: €13,396
- Depreciation -€8,064
down €8,064 (-62.6%), from €12,874 to €4,810
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,571 | €92,709 | -€9,862 | -9.6% |
| Fixed assets | 21/28 | €22,527 | €17,717 | -€4,810 | -21.4% |
| Intangible fixed assets | 21 | €8,487 | €7,135 | -€1,352 | -15.9% |
| Tangible fixed assets | 22/27 | €13,831 | €10,373 | -€3,458 | -25.0% |
| Furniture and vehicles | 24 | €13,831 | €10,373 | -€3,458 | -25.0% |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €80,044 | €74,992 | -€5,052 | -6.3% |
| Amounts receivable after more than one year | 29 | €23,000 | €23,000 | = | 0.0% |
| Trade receivables | 290 | €23,000 | €23,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,827 | €29,041 | -€7,786 | -21.1% |
| Trade receivables | 40 | €36,827 | €29,041 | -€7,786 | -21.1% |
| Current investments | 50/53 | €20,217 | €20,827 | +€610 | +3.0% |
| Cash at bank and in hand | 54/58 | - | €2,124 | +€2,124 | |
| Total equity and liabilities | 10/49 | €102,571 | €92,709 | -€9,862 | -9.6% |
| Equity | 10/15 | €49,282 | €32,451 | -€16,831 | -34.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,282 | €24,451 | -€16,831 | -40.8% |
| Amounts payable | 17/49 | €53,289 | €60,258 | +€6,969 | +13.1% |
| Amounts payable within one year | 42/48 | €53,289 | €60,258 | +€6,969 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €11,627 | - | -€11,627 | |
| Financial debts | 43 | €1,303 | - | -€1,303 | |
| Credit institutions | 430/8 | €1,303 | - | -€1,303 | |
| Trade debts | 44 | €6,872 | €25,598 | +€18,726 | +272.5% |
| Suppliers | 440/4 | €6,872 | €25,598 | +€18,726 | +272.5% |
| Taxes, remuneration and social security | 45 | €22,938 | €24,112 | +€1,174 | +5.1% |
| Taxes | 450/3 | €2,336 | €3,761 | +€1,425 | +61.0% |
| Remuneration and social security | 454/9 | €20,602 | €20,351 | -€251 | -1.2% |
| Other amounts payable | 47/48 | €10,549 | €10,548 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €79,761 | €106,968 | +€27,207 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,874 | €4,810 | -€8,064 | -62.6% |
| Other operating charges | 640/8 | €330 | €677 | +€347 | +105.2% |
| Gross operating margin | 9900 | €14,112 | €85,681 | +€71,569 | +507.1% |
| Operating profit (loss) | 9901 | -€78,853 | -€26,774 | +€52,079 | +66.0% |
| Financial income | 75/76B | €4,462 | €23,885 | +€19,423 | +435.3% |
| Recurring financial income | 75 | €171 | €163 | -€8 | -4.7% |
| Non-recurring financial income | 76B | €4,291 | €23,722 | +€19,431 | +452.8% |
| Financial charges | 65/66B | €370 | €646 | +€276 | +74.6% |
| Recurring financial charges | 65 | €370 | €646 | +€276 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | -€74,761 | -€3,535 | +€71,226 | +95.3% |
| Income taxes | 67/77 | - | €13,396 | +€13,396 | |
| Profit (loss) for the period | 9904 | -€74,761 | -€16,931 | +€57,830 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,761 | -€16,931 | +€57,830 | +77.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.