HAPPY EXPERTS: 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.
HAPPY EXPERTS
Largest movements
- Receivables within one year +€72,926
up €72,926 (+115.4%), from €63,214 to €136,140
of which Trade receivables: +€58,908
- Cash +€2,025
up €2,025 (+14.1%), from €14,328 to €16,353
mainly Trade debts (+€62,652) and Net result for the year (+€15,518)
- Trade debts +€62,652
up €62,652 (+129.3%), from €48,442 to €111,094
- Profit (loss) carried forward +€15,518
up €15,518, from -€9,845 to €5,672
- Tax, wage and social debts -€4,452
down €4,452 (-50.5%), from €8,822 to €4,370
of which Remuneration and social security: -€6,535
- Other debts +€2,000
up €2,000 (+7.1%), from €28,342 to €30,342
- Gross operating margin +€30,190
up €30,190 (+51.6%), from €58,512 to €88,703
- Staff costs +€2,812
up €2,812 (+4.1%), from €67,873 to €70,685
- Taxes +€1,941
up €1,941 (+1369.8%), from €142 to €2,083
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 | €81,760 | €157,478 | +€75,718 | +92.6% |
| Fixed assets | 21/28 | €339 | €1,663 | +€1,325 | +391.3% |
| Tangible fixed assets | 22/27 | €339 | €1,663 | +€1,325 | +391.3% |
| Furniture and vehicles | 24 | €339 | €1,663 | +€1,325 | +391.3% |
| Current assets | 29/58 | €81,422 | €155,815 | +€74,393 | +91.4% |
| Amounts receivable within one year | 40/41 | €63,214 | €136,140 | +€72,926 | +115.4% |
| Trade receivables | 40 | €53,473 | €112,381 | +€58,908 | +110.2% |
| Other amounts receivable | 41 | €9,741 | €23,759 | +€14,018 | +143.9% |
| Cash at bank and in hand | 54/58 | €14,328 | €16,353 | +€2,025 | +14.1% |
| Deferred charges and accrued income | 490/1 | €3,879 | €3,322 | -€558 | -14.4% |
| Total equity and liabilities | 10/49 | €81,760 | €157,478 | +€75,718 | +92.6% |
| Equity | 10/15 | -€3,845 | €11,672 | +€15,518 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,845 | €5,672 | +€15,518 | |
| Amounts payable | 17/49 | €85,606 | €145,806 | +€60,201 | +70.3% |
| Amounts payable within one year | 42/48 | €85,606 | €145,806 | +€60,201 | +70.3% |
| Trade debts | 44 | €48,442 | €111,094 | +€62,652 | +129.3% |
| Suppliers | 440/4 | €48,442 | €111,094 | +€62,652 | +129.3% |
| Taxes, remuneration and social security | 45 | €8,822 | €4,370 | -€4,452 | -50.5% |
| Taxes | 450/3 | €142 | €2,225 | +€2,083 | +1469.8% |
| Remuneration and social security | 454/9 | €8,680 | €2,146 | -€6,535 | -75.3% |
| Other amounts payable | 47/48 | €28,342 | €30,342 | +€2,000 | +7.1% |
| Remuneration, social security and pensions | 62 | €67,873 | €70,685 | +€2,812 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106 | €204 | +€98 | +92.9% |
| Gross operating margin | 9900 | €58,512 | €88,703 | +€30,190 | +51.6% |
| Operating profit (loss) | 9901 | -€9,466 | €17,814 | +€27,280 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €238 | €213 | -€24 | -10.3% |
| Recurring financial charges | 65 | €238 | €213 | -€24 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,704 | €17,601 | +€27,304 | |
| Income taxes | 67/77 | €142 | €2,083 | +€1,941 | +1369.8% |
| Profit (loss) for the period | 9904 | -€9,845 | €15,518 | +€25,363 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,845 | €15,518 | +€25,363 |
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 2 October 2026 via checked.be.