Happiness Mgmt: what changed
Happiness Mgmt
Largest movements
- Receivables within one year +€24,408
up €24,408 (+46.4%), from €52,549 to €76,957
of which Trade receivables: +€17,778
- Cash +€5,787
up €5,787 (+1,144%), from €506 to €6,293
mainly Trade debts (+€14,737) and Net result for the year (+€13,768)
- Financial fixed assets -€3,000
down €3,000 (-100%), from €3,000 to €0
- Tangible fixed assets -€1,556
down €1,556 (-48.7%), from €3,197 to €1,641
- Trade debts +€14,737
up €14,737 (+1,044%), from €1,412 to €16,149
- Profit (loss) carried forward +€13,768
up €13,768 (+1,112%), from €1,238 to €15,006
- Tax, wage and social debts -€2,990
down €2,990 (-8.2%), from €36,660 to €33,670
- Gross operating margin +€16,404
up €16,404 (+134%), from €12,256 to €28,660
- Taxes +€1,871
up €1,871 (+29.1%), from €6,425 to €8,296
- Other operating charges +€967
up €967 (+23.9%), from €4,040 to €5,007
- Financial income +€782
up €782 (+47.7%), from €1,640 to €2,422
- Financial charges +€646
up €646 (+35.7%), from €1,809 to €2,454
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 | €59,770 | €85,285 | +€25,515 | +42.7% |
| Fixed assets | 21/28 | €6,197 | €1,641 | -€4,556 | -73.5% |
| Tangible fixed assets | 22/27 | €3,197 | €1,641 | -€1,556 | -48.7% |
| Furniture and vehicles | 24 | €3,197 | €1,641 | -€1,556 | -48.7% |
| Financial fixed assets | 28 | €3,000 | €0 | -€3,000 | -100% |
| Current assets | 29/58 | €53,573 | €83,644 | +€30,071 | +56.1% |
| Amounts receivable within one year | 40/41 | €52,549 | €76,957 | +€24,408 | +46.4% |
| Trade receivables | 40 | €10,350 | €28,128 | +€17,778 | +172% |
| Other amounts receivable | 41 | €42,199 | €48,829 | +€6,630 | +15.7% |
| Cash at bank and in hand | 54/58 | €506 | €6,293 | +€5,787 | +1,144% |
| Deferred charges and accrued income | 490/1 | €518 | €394 | -€123 | -23.8% |
| Total equity and liabilities | 10/49 | €59,770 | €85,285 | +€25,515 | +42.7% |
| Equity | 10/15 | €21,698 | €35,466 | +€13,768 | +63.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,238 | €15,006 | +€13,768 | +1,112% |
| Amounts payable | 17/49 | €38,072 | €49,819 | +€11,747 | +30.9% |
| Amounts payable within one year | 42/48 | €38,072 | €49,819 | +€11,747 | +30.9% |
| Trade debts | 44 | €1,412 | €16,149 | +€14,737 | +1,044% |
| Suppliers | 440/4 | €1,412 | €16,149 | +€14,737 | +1,044% |
| Taxes, remuneration and social security | 45 | €36,660 | €33,670 | -€2,990 | -8.2% |
| Taxes | 450/3 | €36,660 | €33,670 | -€2,990 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,488 | €1,556 | +€68 | +4.6% |
| Other operating charges | 640/8 | €4,040 | €5,007 | +€967 | +23.9% |
| Gross operating margin | 9900 | €12,256 | €28,660 | +€16,404 | +134% |
| Operating profit (loss) | 9901 | €6,728 | €22,097 | +€15,369 | +228% |
| Financial income | 75/76B | €1,640 | €2,422 | +€782 | +47.7% |
| Recurring financial income | 75 | €1,640 | €2,422 | +€782 | +47.7% |
| Financial charges | 65/66B | €1,809 | €2,454 | +€646 | +35.7% |
| Recurring financial charges | 65 | €1,809 | €2,454 | +€646 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | €6,559 | €22,064 | +€15,505 | +236% |
| Income taxes | 67/77 | €6,425 | €8,296 | +€1,871 | +29.1% |
| Profit (loss) for the period | 9904 | €134 | €13,768 | +€13,634 | +10,182% |
| Profit (loss) for the period to be appropriated | 9905 | €134 | €13,768 | +€13,634 | +10,182% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.