ACTIVE

HAPPY VIEW

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Financial year 2025 · closed on 31/12/2025

Net result

159,2 k €

-3.9% YoY

Gross margin

267,1 k €

+3.5% YoY

Equity

862,3 k €

+22.6% YoY

Workforce

0,0 ETP

What does HAPPY VIEW do?

HAPPY VIEW is a Public limited company incorporated in 1991. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.084.390

Incorporation

19/12/1991

Legal form

Public limited company

Registered office

President Kennedylaan(Kor) 27a
8500 Kortrijk · FlandreSee on map

Contributed capital

400 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 41101Development of building projects 41102Development of building projects 68121Buying and selling of own real estate 68122Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	267,1 k €	+3.5%	258,1 k €	+18.0%	218,7 k €	+24759%	-887 €	-104%	24,4 k €	-84.1%	153,7 k €	-41.4%	262,4 k €	+283%	68,4 k €	+3.1%	66,4 k €	-38.9%	108,6 k €	-3.0%	112 k €	+18.7%	94,4 k €	-9.6%	104,3 k €	+235%	31,2 k €	+3147%	-1 k €	-227%	-313,5 €	+59.7%	-777,1 €	-23.0%	-631,6 €	-6.9%	-590,8 €	+20.7%	-745,4 €
EBITDA	264 k €	+3.6%	255 k €	+17.6%	216,8 k €	+9880%	-2,2 k €	-110%	22,7 k €	-85.2%	153,2 k €	-41.5%	261,9 k €	+285%	68 k €	+3.1%	66 k €	-39.0%	108,2 k €	-3.1%	111,6 k €	+19.5%	93,4 k €	-10.1%	103,9 k €	+238%	30,7 k €	+2167%	-1,5 k €	-91.9%	-774,2 €	+38.8%	-1,3 k €	-13.6%	-1,1 k €	-4.0%	-1,1 k €	+12.5%	-1,2 k €
Operating result	251,5 k €	+3.4%	243,2 k €	+27.7%	190,4 k €	+4292%	-4,5 k €	-122%	20,4 k €	-86.5%	151,2 k €	-41.8%	260 k €	+284%	67,7 k €	+3.3%	65,6 k €	-39.1%	107,7 k €	-3.1%	111,2 k €	+19.4%	93,1 k €	-10.3%	103,9 k €	+238%	30,7 k €	+2167%	-1,5 k €	-91.9%	-774,2 €	+38.8%	-1,3 k €	-13.6%	-1,1 k €	-4.0%	-1,1 k €	+12.5%	-1,2 k €
Net result	159,2 k €	-3.9%	165,7 k €	+17.9%	140,5 k €	+2717%	-5,4 k €	-130%	18,2 k €	-87.9%	150,2 k €	-41.5%	256,6 k €	+275%	68,5 k €	+17.0%	58,5 k €	-39.9%	97,3 k €	-5.6%	103,1 k €	+24.8%	82,6 k €	+118%	-468,4 k €	-2399%	20,4 k €	+199%	6,8 k €	-32.6%	10,1 k €	-14.8%	11,9 k €	-2.5%	12,2 k €	+3.4%	11,8 k €	+38.8%	8,5 k €
Balance sheet
Equity	862,3 k €	+22.6%	703,1 k €	+30.8%	537,4 k €	+35.4%	396,9 k €	-1.3%	402,3 k €	+4.7%	384,1 k €	+64.2%	233,9 k €	+1134%	-22,6 k €	+75.2%	-91,1 k €	+39.1%	-149,6 k €	+39.4%	-246,9 k €	+29.5%	-350 k €	+19.1%	-432,6 k €	-1309%	35,8 k €	-83.0%	210,3 k €	+3.3%	203,5 k €	+5.2%	193,4 k €	+6.5%	181,6 k €	+7.2%	169,4 k €	+7.5%	157,7 k €
Total assets	1,4 M €	+1.4%	1,3 M €	+2.1%	1,3 M €	+147%	528,4 k €	-0.8%	532,7 k €	+0.7%	529,2 k €	+41.9%	373 k €	-1.4%	378,2 k €	+19.1%	317,4 k €	+15.1%	275,9 k €	-34.1%	418,8 k €	+27.5%	328,5 k €	+2.7%	319,8 k €	-61.2%	825,1 k €	+289%	211,9 k €	+4.1%	203,5 k €	+4.9%	193,9 k €	+6.5%	182,1 k €	+7.2%	169,9 k €	+7.4%	158,1 k €
Cash	27,5 k €	+23.5%	22,2 k €	+37.8%	16,1 k €	-73.8%	61,5 k €	-19.5%	76,4 k €	+36472%	209 €	-80.6%	1,1 k €	-61.1%	2,8 k €	-81.4%	14,9 k €	+7536%	195,5 €	-98.2%	10,9 k €	+196%	3,7 k €	+34.1%	2,7 k €	-27.7%	3,8 k €	+7422%	50,4 €	+1150%	4 €		–		62,3 €	+6.4%	58,6 €		–
Debts	409,2 k €	-25.6%	549,9 k €	-20.1%	688,5 k €	+1211%	52,5 k €	+2.0%	51,5 k €	-22.2%	66,2 k €	+10.1%	60,1 k €	-81.5%	324,4 k €	-4.0%	337,9 k €	-6.6%	361,8 k €	-40.9%	612,4 k €	-8.9%	672,5 k €	-10.6%	752,4 k €	-4.7%	789,4 k €	+50962%	1,5 k €		–		506,8 €	+8.1%	469 €	+4.8%	447,7 €	0.0%	447,7 €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

Peter Eggermont

Managing director · since 11 janvier 2023

Active

Ended mandates

Lutgard Van Eeckhout

Director · since 22 septembre 2023 · until 14 mai 2024

Ended

L'ESCALETTE

Director · since 17 janvier 2020 · until 11 janvier 2023 · 0465.599.010

Represented by Peter Eggermont

Ended

L'ESCALETTE

Director · since 17 janvier 2020 · 0465.599.010

Represented by Yves Tytgat

Ended

Bernard (tot AV 2021) Devos

Director · since 29 mai 2015

Ended

At this address

Other companies at this address

Company	CBE no.
L'ESCALETTE● Active	0465.599.010

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2026	18/07/2025	27/09/2024	18/07/2023	14/07/2022	19/07/2021
General meeting	29/06/2026	30/05/2025	31/05/2024	26/05/2023	17/06/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	18/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	18/07/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	27/09/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	18/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	14/07/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	19/07/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	27/07/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	24/05/2019	11/07/2019	Dutch	PDF
Micro model	31/12/2018	24/05/2019	05/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	11/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

Peter Eggermont

Managing director · since 11 janvier 2023

Active

Ended mandates

Lutgard Van Eeckhout

Director · since 22 septembre 2023 · until 14 mai 2024

Ended

L'ESCALETTE

Director · since 17 janvier 2020 · until 11 janvier 2023 · 0465.599.010

Represented by Peter Eggermont

Ended

L'ESCALETTE

Director · since 17 janvier 2020 · 0465.599.010

Represented by Yves Tytgat

Ended

Bernard (tot AV 2021) Devos

Director · since 29 mai 2015

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates01/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/03/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/06/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/09/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025159,2 k €↓
2024
Annual accounts 2024165,7 k €↑
2023
Annual accounts 2023140,5 k €↑
2022
Annual accounts 2022-5,4 k €↓
2021
Annual accounts 202118,2 k €↓
2020
Annual accounts 2020150,2 k €↓
2019
Annual accounts 2019256,6 k €↑
2018
Annual accounts 201868,5 k €↑
2017
Annual accounts 201758,5 k €↓
2016
Annual accounts 201697,3 k €↓
2015
Annual accounts 2015103,1 k €↑
2014
Annual accounts 201482,6 k €↑
2013
Annual accounts 2013-468,4 k €↓
2012
Annual accounts 201220,4 k €↑
2011
Annual accounts 20116,8 k €↓
2010
Annual accounts 201010,1 k €↓
2009
Annual accounts 200911,9 k €↓
2008
Annual accounts 200812,2 k €↑
2007
Annual accounts 200711,8 k €↑
2006
Annual accounts 20068,5 k €
19/12/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HAPPY VIEW

Overview

What does HAPPY VIEW do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline