HAPPY LIFE: 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.
HAPPY LIFE
Largest movements
- Tangible fixed assets -€3,950
down €3,950 (-8.5%), from €46,586 to €42,636
- Other debts -€5,540
down €5,540 (-2.6%), from €216,664 to €211,124
- Trade debts +€2,119
up €2,119 (+75.8%), from €2,796 to €4,915
- Profit (loss) carried forward -€852
down €852 (-0.4%), from -€225,913 to -€226,765
- Turnover -€6,000
no longer reported in 2022 (was €6,000)
- Purchases and services -€2,028
no longer reported in 2022 (was €2,028)
- Gross operating margin -€90
down €90 (-2.3%), from €3,972 to €3,883
From the 2021 result to the 2022 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.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,915 | €63,642 | -€4,273 | -6.3% |
| Formation expenses | 20 | €19,502 | €19,502 | = | 0.0% |
| Fixed assets | 21/28 | €48,055 | €44,104 | -€3,950 | -8.2% |
| Tangible fixed assets | 22/27 | €46,586 | €42,636 | -€3,950 | -8.5% |
| Land and buildings | 22 | €46,586 | €42,636 | -€3,950 | -8.5% |
| Financial fixed assets | 28 | €1,469 | €1,469 | = | 0.0% |
| Current assets | 29/58 | €358 | €36 | -€322 | -90.0% |
| Current investments | 50/53 | €59 | - | -€59 | |
| Cash at bank and in hand | 54/58 | - | €36 | +€36 | |
| Deferred charges and accrued income | 490/1 | €299 | - | -€299 | |
| Total equity and liabilities | 10/49 | €67,915 | €63,642 | -€4,273 | -6.3% |
| Equity | 10/15 | -€151,545 | -€152,397 | -€852 | -0.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,913 | -€226,765 | -€852 | -0.4% |
| Amounts payable | 17/49 | €219,460 | €216,039 | -€3,421 | -1.6% |
| Amounts payable within one year | 42/48 | €219,460 | €216,039 | -€3,421 | -1.6% |
| Trade debts | 44 | €2,796 | €4,915 | +€2,119 | +75.8% |
| Suppliers | 440/4 | €2,796 | €4,915 | +€2,119 | +75.8% |
| Other amounts payable | 47/48 | €216,664 | €211,124 | -€5,540 | -2.6% |
| Turnover | 70 | €6,000 | - | -€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,028 | - | -€2,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,950 | €3,950 | = | 0.0% |
| Other operating charges | 640/8 | €750 | €761 | +€10 | +1.4% |
| Gross operating margin | 9900 | €3,972 | €3,883 | -€90 | -2.3% |
| Operating profit (loss) | 9901 | -€728 | -€828 | -€100 | -13.7% |
| Financial charges | 65/66B | €67 | €23 | -€44 | -65.6% |
| Recurring financial charges | 65 | €67 | €23 | -€44 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | -€796 | -€852 | -€56 | -7.0% |
| Income taxes | 67/77 | €46 | - | -€46 | |
| Profit (loss) for the period | 9904 | -€842 | -€852 | -€10 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€842 | -€852 | -€10 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.