HAPPYMO: 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.
HAPPYMO
Largest movements
- Tangible fixed assets -€244,339
down €244,339 (-61.5%), from €397,538 to €153,199
- Cash +€198,671
up €198,671 (+1,205%), from €16,485 to €215,156
mainly Investment in fixed assets (net) (+€239,749) and Net result for the year (+€144,505)
- Receivables within one year +€7,750
new in 2025: €7,750
- Debts after one year -€191,387
no longer reported in 2025 (was €191,387)
- Profit (loss) carried forward +€144,505
up €144,505, from -€110,891 to €33,614
- Tax, wage and social debts +€16,106
new in 2025: €16,106
- Gross operating margin +€161,277
up €161,277 (+676%), from €23,867 to €185,144
- Staff costs +€14,530
new in 2025: €14,530
- Taxes +€12,343
new in 2025: €12,343
- Depreciation -€8,849
down €8,849 (-65.8%), from €13,439 to €4,590
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 | €414,023 | €376,105 | -€37,918 | -9.2% |
| Fixed assets | 21/28 | €397,538 | €153,199 | -€244,339 | -61.5% |
| Tangible fixed assets | 22/27 | €397,538 | €153,199 | -€244,339 | -61.5% |
| Land and buildings | 22 | €397,538 | €153,199 | -€244,339 | -61.5% |
| Current assets | 29/58 | €16,485 | €222,906 | +€206,421 | +1,252% |
| Amounts receivable within one year | 40/41 | - | €7,750 | +€7,750 | |
| Trade receivables | 40 | - | €7,750 | +€7,750 | |
| Cash at bank and in hand | 54/58 | €16,485 | €215,156 | +€198,671 | +1,205% |
| Total equity and liabilities | 10/49 | €414,023 | €376,105 | -€37,918 | -9.2% |
| Equity | 10/15 | -€49,391 | €95,114 | +€144,505 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,891 | €33,614 | +€144,505 | |
| Amounts payable | 17/49 | €463,414 | €280,992 | -€182,422 | -39.4% |
| Amounts payable after more than one year | 17 | €191,387 | - | -€191,387 | |
| Financial debts | 170/4 | €191,387 | - | -€191,387 | |
| Amounts payable within one year | 42/48 | €268,452 | €280,992 | +€12,540 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €2,350 | - | -€2,350 | |
| Trade debts | 44 | €92 | - | -€92 | |
| Suppliers | 440/4 | €92 | - | -€92 | |
| Taxes, remuneration and social security | 45 | - | €16,106 | +€16,106 | |
| Taxes | 450/3 | - | €16,106 | +€16,106 | |
| Other amounts payable | 47/48 | €266,010 | €264,886 | -€1,124 | -0.4% |
| Accrued charges and deferred income | 492/3 | €3,576 | - | -€3,576 | |
| Non-recurring operating income | 76A | - | €147,737 | +€147,737 | |
| Remuneration, social security and pensions | 62 | - | €14,530 | +€14,530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,439 | €4,590 | -€8,849 | -65.8% |
| Other operating charges | 640/8 | €3,527 | €3,017 | -€510 | -14.5% |
| Gross operating margin | 9900 | €23,867 | €185,144 | +€161,277 | +676% |
| Operating profit (loss) | 9901 | €6,900 | €163,007 | +€156,107 | +2,262% |
| Financial charges | 65/66B | €6,557 | €6,160 | -€398 | -6.1% |
| Recurring financial charges | 65 | €6,557 | €6,160 | -€398 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €343 | €156,847 | +€156,505 | +45,675% |
| Income taxes | 67/77 | - | €12,343 | +€12,343 | |
| Profit (loss) for the period | 9904 | €343 | €144,505 | +€144,162 | +42,073% |
| Profit (loss) for the period to be appropriated | 9905 | €343 | €144,505 | +€144,162 | +42,073% |
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 28 October 2026 via checked.be.