HAPPIFY: what changed
Two financial 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.
HAPPIFY
Largest movements
- Cash +€23,571
up €23,571 (+79.4%), from €29,697 to €53,268
mainly Net result for the year (+€23,328) and Other debts (+€6,538)
- Receivables within one year +€4,160
up €4,160 (+73.9%), from €5,627 to €9,787
of which Trade receivables: +€3,810
- Reserves +€23,328
up €23,328 (+131.0%), from €17,807 to €41,135
- Other debts +€6,538
new in 2025: €6,538
- Accrued charges and deferred income -€2,068
down €2,068 (-100.0%), from €2,068 to €0
- Tax, wage and social debts -€683
down €683 (-4.6%), from €14,862 to €14,179
of which Remuneration and social security: -€8,200
- Gross operating margin +€7,300
up €7,300 (+31.3%), from €23,345 to €30,645
- Taxes +€1,379
up €1,379 (+28.9%), from €4,774 to €6,153
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 | €36,737 | €63,901 | +€27,164 | +73.9% |
| Fixed assets | 21/28 | €1,413 | €846 | -€568 | -40.2% |
| Tangible fixed assets | 22/27 | €1,413 | €846 | -€568 | -40.2% |
| Plant, machinery and equipment | 23 | €1,413 | €846 | -€568 | -40.2% |
| Current assets | 29/58 | €35,324 | €63,055 | +€27,732 | +78.5% |
| Amounts receivable within one year | 40/41 | €5,627 | €9,787 | +€4,160 | +73.9% |
| Trade receivables | 40 | €5,627 | €9,437 | +€3,810 | +67.7% |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | €29,697 | €53,268 | +€23,571 | +79.4% |
| Total equity and liabilities | 10/49 | €36,737 | €63,901 | +€27,164 | +73.9% |
| Equity | 10/15 | €19,807 | €43,135 | +€23,328 | +117.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,807 | €41,135 | +€23,328 | +131.0% |
| Distributable reserves | 133 | €17,807 | €41,135 | +€23,328 | +131.0% |
| Amounts payable | 17/49 | €16,930 | €20,766 | +€3,836 | +22.7% |
| Amounts payable within one year | 42/48 | €14,862 | €20,766 | +€5,904 | +39.7% |
| Trade debts | 44 | - | €48 | +€48 | |
| Suppliers | 440/4 | - | €48 | +€48 | |
| Taxes, remuneration and social security | 45 | €14,862 | €14,179 | -€683 | -4.6% |
| Taxes | 450/3 | €6,662 | €14,179 | +€7,517 | +112.8% |
| Remuneration and social security | 454/9 | €8,200 | €0 | -€8,200 | -100.0% |
| Other amounts payable | 47/48 | - | €6,538 | +€6,538 | |
| Accrued charges and deferred income | 492/3 | €2,068 | €0 | -€2,068 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €568 | +€278 | +95.9% |
| Other operating charges | 640/8 | €412 | €520 | +€107 | +26.0% |
| Gross operating margin | 9900 | €23,345 | €30,645 | +€7,300 | +31.3% |
| Operating profit (loss) | 9901 | €22,643 | €29,558 | +€6,914 | +30.5% |
| Financial charges | 65/66B | €62 | €76 | +€14 | +22.8% |
| Recurring financial charges | 65 | €62 | €76 | +€14 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €22,581 | €29,481 | +€6,900 | +30.6% |
| Income taxes | 67/77 | €4,774 | €6,153 | +€1,379 | +28.9% |
| Profit (loss) for the period | 9904 | €17,807 | €23,328 | +€5,521 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,807 | €23,328 | +€5,521 | +31.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.