Happiness Consult: what changed
Happiness Consult
Largest movements
- Tangible fixed assets -€20,649
down €20,649 (-19.3%), from €106,896 to €86,247
- Cash +€12,697
up €12,697 (+58.0%), from €21,873 to €34,569
mainly Other debts (+€69,000) and Depreciation (+€21,679)
- Receivables within one year +€2,790
up €2,790 (+5.1%), from €54,228 to €57,018
of which Other amounts receivable: +€7,353
- Reserves -€69,000
down €69,000 (-97.4%), from €70,860 to €1,860
- Other debts +€69,000
up €69,000, from €0 to €69,000
- Tax, wage and social debts -€9,242
down €9,242 (-52.1%), from €17,752 to €8,510
- Profit (loss) carried forward +€3,456
up €3,456 (+3.7%), from €92,647 to €96,103
- Provisions +€3,000
new in 2025: €3,000
- Gross operating margin -€52,157
down €52,157 (-63.7%), from €81,818 to €29,661
- Taxes -€9,742
down €9,742 (-84.3%), from €11,558 to €1,816
- Other operating charges -€3,472
down €3,472 (-87.6%), from €3,962 to €490
- Provisions +€3,000
new in 2025: €3,000
- Depreciation -€991
down €991 (-4.4%), from €22,670 to €21,679
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,235 | €199,774 | -€4,461 | -2.2% |
| Fixed assets | 21/28 | €108,649 | €88,017 | -€20,632 | -19.0% |
| Intangible fixed assets | 21 | €1,753 | €1,769 | +€17 | +1.0% |
| Tangible fixed assets | 22/27 | €106,896 | €86,247 | -€20,649 | -19.3% |
| Land and buildings | 22 | €48,497 | €42,137 | -€6,360 | -13.1% |
| Plant, machinery and equipment | 23 | €31,538 | €26,485 | -€5,053 | -16.0% |
| Furniture and vehicles | 24 | €26,861 | €17,625 | -€9,236 | -34.4% |
| Current assets | 29/58 | €95,587 | €111,757 | +€16,171 | +16.9% |
| Amounts receivable within one year | 40/41 | €54,228 | €57,018 | +€2,790 | +5.1% |
| Trade receivables | 40 | €28,267 | €23,703 | -€4,563 | -16.1% |
| Other amounts receivable | 41 | €25,961 | €33,315 | +€7,353 | +28.3% |
| Cash at bank and in hand | 54/58 | €21,873 | €34,569 | +€12,697 | +58.0% |
| Deferred charges and accrued income | 490/1 | €19,486 | €20,170 | +€684 | +3.5% |
| Total equity and liabilities | 10/49 | €204,235 | €199,774 | -€4,461 | -2.2% |
| Equity | 10/15 | €182,107 | €116,563 | -€65,544 | -36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,860 | €1,860 | -€69,000 | -97.4% |
| Distributable reserves | 133 | €70,860 | €1,860 | -€69,000 | -97.4% |
| Profit (loss) carried forward | 14 | €92,647 | €96,103 | +€3,456 | +3.7% |
| Provisions and deferred taxes | 16 | - | €3,000 | +€3,000 | |
| Provisions for liabilities and charges | 160/5 | - | €3,000 | +€3,000 | |
| Other liabilities and charges | 164/5 | - | €3,000 | +€3,000 | |
| Amounts payable | 17/49 | €22,129 | €80,211 | +€58,083 | +262% |
| Amounts payable within one year | 42/48 | €22,129 | €80,211 | +€58,083 | +262% |
| Trade debts | 44 | €4,377 | €2,702 | -€1,675 | -38.3% |
| Suppliers | 440/4 | €4,377 | €2,702 | -€1,675 | -38.3% |
| Taxes, remuneration and social security | 45 | €17,752 | €8,510 | -€9,242 | -52.1% |
| Taxes | 450/3 | €17,752 | €8,510 | -€9,242 | -52.1% |
| Other amounts payable | 47/48 | €0 | €69,000 | +€69,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,670 | €21,679 | -€991 | -4.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €3,962 | €490 | -€3,472 | -87.6% |
| Gross operating margin | 9900 | €81,818 | €29,661 | -€52,157 | -63.7% |
| Operating profit (loss) | 9901 | €55,186 | €4,492 | -€50,694 | -91.9% |
| Financial income | 75/76B | €1,697 | €1,217 | -€480 | -28.3% |
| Recurring financial income | 75 | €1,697 | €1,217 | -€480 | -28.3% |
| Financial charges | 65/66B | €276 | €437 | +€161 | +58.6% |
| Recurring financial charges | 65 | €276 | €437 | +€161 | +58.6% |
| Profit (loss) for the period before taxes | 9903 | €56,607 | €5,272 | -€51,335 | -90.7% |
| Income taxes | 67/77 | €11,558 | €1,816 | -€9,742 | -84.3% |
| Profit (loss) for the period | 9904 | €45,049 | €3,456 | -€41,593 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,049 | €3,456 | -€41,593 | -92.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.