HAPPY TIME: 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 TIME
Largest movements
- Cash -€9,718
down €9,718 (-95.4%), from €10,183 to €465
mainly Trade debts (-€4,682) and Contributions, distributions and other (-€4,316)
- Stocks and contracts +€2,980
new in 2025: €2,980
- Receivables within one year +€1,750
up €1,750 (+54.5%), from €3,212 to €4,962
of which Other amounts receivable: +€1,750
- Trade debts -€4,682
no longer reported in 2025 (was €4,682)
- Profit (loss) carried forward -€4,014
down €4,014 (-57.8%), from -€6,950 to -€10,965
- Other debts +€2,022
up €2,022 (+1,157%), from €175 to €2,197
- Tax, wage and social debts +€1,687
up €1,687 (+51.3%), from €3,288 to €4,975
of which Taxes: +€1,687
- Turnover -€12,954
down €12,954 (-15.6%), from €83,097 to €70,143
- Gross operating margin -€12,276
down €12,276 (-62.8%), from €19,554 to €7,278
- Other operating charges +€3,137
up €3,137 (+152%), from €2,057 to €5,195
- Purchases and services -€1,874
down €1,874 (-2.5%), from €76,003 to €74,129
- Financial charges +€1,296
up €1,296 (+450%), from €288 to €1,583
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.
Derived cash bridge
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 | €15,171 | €10,183 | -€4,988 | -32.9% |
| Formation expenses | 20 | €1,076 | €1,076 | = | 0.0% |
| Fixed assets | 21/28 | €700 | €700 | = | 0.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €13,395 | €8,407 | -€4,988 | -37.2% |
| Stocks and contracts in progress | 3 | - | €2,980 | +€2,980 | |
| Stocks | 30/36 | - | €2,980 | +€2,980 | |
| Amounts receivable within one year | 40/41 | €3,212 | €4,962 | +€1,750 | +54.5% |
| Trade receivables | 40 | €2,579 | €2,579 | +€0 | 0.0% |
| Other amounts receivable | 41 | €632 | €2,382 | +€1,750 | +277% |
| Cash at bank and in hand | 54/58 | €10,183 | €465 | -€9,718 | -95.4% |
| Total equity and liabilities | 10/49 | €15,171 | €10,183 | -€4,988 | -32.9% |
| Equity | 10/15 | €7,026 | €3,011 | -€4,014 | -57.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,576 | €1,576 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,576 | €1,576 | = | 0.0% |
| Legal reserve | 130 | €1,576 | €1,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,950 | -€10,965 | -€4,014 | -57.8% |
| Amounts payable | 17/49 | €8,145 | €7,171 | -€974 | -12.0% |
| Amounts payable within one year | 42/48 | €8,145 | €7,171 | -€974 | -12.0% |
| Trade debts | 44 | €4,682 | - | -€4,682 | |
| Suppliers | 440/4 | €4,682 | - | -€4,682 | |
| Taxes, remuneration and social security | 45 | €3,288 | €4,975 | +€1,687 | +51.3% |
| Taxes | 450/3 | €1,933 | €3,619 | +€1,687 | +87.3% |
| Remuneration and social security | 454/9 | €1,355 | €1,355 | = | 0.0% |
| Other amounts payable | 47/48 | €175 | €2,197 | +€2,022 | +1,157% |
| Turnover | 70 | €83,097 | €70,143 | -€12,954 | -15.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €76,003 | €74,129 | -€1,874 | -2.5% |
| Remuneration, social security and pensions | 62 | €1,419 | €198 | -€1,221 | -86.0% |
| Other operating charges | 640/8 | €2,057 | €5,195 | +€3,137 | +152% |
| Gross operating margin | 9900 | €19,554 | €7,278 | -€12,276 | -62.8% |
| Operating profit (loss) | 9901 | €16,078 | €1,885 | -€14,193 | -88.3% |
| Financial charges | 65/66B | €288 | €1,583 | +€1,296 | +450% |
| Recurring financial charges | 65 | €288 | €1,583 | +€1,296 | +450% |
| Profit (loss) for the period before taxes | 9903 | €15,790 | €302 | -€15,488 | -98.1% |
| Profit (loss) for the period | 9904 | €15,790 | €302 | -€15,488 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,790 | €302 | -€15,488 | -98.1% |
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 26 October 2026 via checked.be.