ACTIVE

HAPPY LOG

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Financial year 2026 · closed on 31/01/2026

Net result

138,2 k €

-81.1% YoY

Gross margin

-27,4 k €

-102.9% YoY

Equity

605,7 k €

-3.4% YoY

What does HAPPY LOG do?

HAPPY LOG is a Public limited company incorporated in 1993. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Anderlecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.626.762

Incorporation

19/07/1993

Legal form

Public limited company

Registered office

Boulevard Paepsem 20 box L 22
1070 Anderlecht · BruxellesSee on map

Contributed capital

74 368,06 €

Latest accounts

31/01/2026

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56301Beverage serving activities 56301Beverage serving activities 55302Camping grounds, recreational vehicle parks and trailer parks 55401Accommodation 56101Restaurants and mobile food service activities+1

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2026		2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-27,4 k €	-103%	949,5 k €	+1031%	84 k €	+150%	33,6 k €	-82.4%	191,2 k €	+292%	48,8 k €	-58.3%	117,1 k €	-20.2%	146,6 k €	+139%	61,5 k €	-24.1%	81 k €	-44.0%	144,6 k €	-58.3%	347,1 k €	+13.2%	306,6 k €	-10.2%	341,5 k €	-5.8%	362,5 k €	-4.6%	380 k €	+74.7%	217,5 k €	-24.8%	289,3 k €	+17.9%	245,4 k €	+0.0%	245,3 k €
EBITDA	-27,9 k €	-103%	945,1 k €	+1152%	75,5 k €	+214%	24 k €	-87.1%	185,9 k €	+347%	41,6 k €	-61.6%	108,3 k €	-22.2%	139,2 k €	+355%	30,6 k €	-57.1%	71,3 k €	-18.8%	87,8 k €	-50.7%	178,3 k €	+37.6%	129,5 k €	-39.4%	213,9 k €	-7.8%	231,9 k €	+11.7%	207,6 k €	+134%	88,9 k €	-33.9%	134,4 k €	+160%	51,7 k €	-16.7%	62,1 k €
Operating result	-27,9 k €	-103%	945,1 k €	+3087%	29,6 k €	+236%	-21,8 k €	-115%	143,5 k €	+17705%	-815 €	-101%	65,9 k €	-31.9%	96,8 k €	+1063%	-10 k €	-133%	30,9 k €	+1.0%	30,6 k €	-72.1%	109,7 k €	+74.6%	62,8 k €	-46.2%	116,8 k €	-8.3%	127,5 k €	+44.6%	88,2 k €	+347%	-35,7 k €	-184%	42,3 k €	+232%	-32,1 k €	-398%	10,8 k €
Net result	138,2 k €	-81.1%	732,7 k €	+5020%	14,3 k €	+165%	-22,1 k €	-117%	131,4 k €	+1065%	-13,6 k €	+72.1%	-48,8 k €	-205%	46,6 k €	+139%	-119 k €	-327%	-27,9 k €	+57.3%	-65,3 k €	-3742%	-1,7 k €	+85.8%	-12 k €	-166%	18,2 k €	-66.8%	54,9 k €	+269%	-32,6 k €	+31.0%	-47,2 k €	-511%	-7,7 k €	+86.9%	-58,9 k €	-76.0%	-33,5 k €
Balance sheet
Equity	605,7 k €	-3.4%	627 k €	-42.7%	1,1 M €	+1.3%	1,1 M €	-2.0%	1,1 M €	+13.5%	971,2 k €	-1.4%	984,9 k €	-4.7%	1 M €	+4.7%	987,1 k €	-10.8%	1,1 M €	+155%	433,9 k €	-13.1%	499,2 k €	-0.3%	500,9 k €	-2.3%	512,9 k €	+3.7%	494,7 k €	+914%	-60,8 k €	-115%	-28,2 k €	-249%	18,9 k €	-29.0%	26,7 k €	-68.8%	85,6 k €
Total assets	805,7 k €	-3.1%	831,6 k €	-65.4%	2,4 M €	+0.4%	2,4 M €	+0.5%	2,4 M €	-0.7%	2,4 M €	+3.3%	2,3 M €	-3.0%	2,4 M €	+0.3%	2,4 M €	-4.1%	2,5 M €	+39.7%	1,8 M €	-13.4%	2,1 M €	-3.1%	2,1 M €	-3.0%	2,2 M €	-15.5%	2,6 M €	+27.8%	2 M €	-2.3%	2,1 M €	+174%	759 k €	-7.1%	817,2 k €	-6.3%	872,1 k €
Cash	88,5 k €	-79.9%	441,1 k €	+7769%	5,6 k €	+192%	1,9 k €	-91.5%	22,6 k €		–		13,4 k €		–		–		–		–		–		–		3,1 k €		–		–		–		6,4 k €		–		5,1 k €
Debts	40,5 k €	+678%	5,2 k €	-99.6%	1,3 M €	-0.4%	1,3 M €	+2.6%	1,3 M €	-10.4%	1,4 M €	+6.7%	1,3 M €	-1.7%	1,4 M €	-2.8%	1,4 M €	+1.2%	1,4 M €	+2.7%	1,3 M €	-9.2%	1,5 M €	-8.6%	1,6 M €	-3.2%	1,7 M €	-18.4%	2,1 M €	-1.5%	2,1 M €	-0.7%	2,1 M €	+185%	740 k €	-6.4%	790,5 k €	+2.9%	768 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	-23.1%	6,5 ETP	0.0%	6,5 ETP	-13.3%	7,5 ETP	-11.8%	8,5 ETP	0.0%	8,5 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 31/01/2026 · 1 active · 2 ended

Active mandates

Jean Wei

Managing director

Active

Ended mandates

JEAN BEECKMAN

Director

Ended

THI LANG PHAM

Managing director

Ended

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Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/02/2025	01/02/2024	01/02/2023	01/02/2022	01/02/2021	01/02/2020
Closing of the financial year	31/01/2026	31/01/2025	31/01/2024	31/01/2023	31/01/2022	31/01/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/08/2026	22/08/2025	10/07/2024	10/07/2024	31/08/2022	26/08/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/01/2026	06/06/2026	19/08/2026	French	PDF
Micro model	31/01/2025	07/06/2025	22/08/2025	French	PDF
Micro model	31/01/2024	01/06/2024	10/07/2024	French	PDF
Micro model	31/01/2023	03/06/2023	10/07/2024	French	PDF
Micro model	31/01/2022	04/06/2022	31/08/2022	French	PDF
Micro model	31/01/2021	05/06/2021	26/08/2021	French	PDF
Micro model	31/01/2020	06/06/2020	06/11/2020	French	PDF
Abridged model	31/01/2019	01/06/2019	30/08/2019	French	PDF
Abridged model	31/01/2018	02/06/2018	08/08/2018	French	PDF
Abridged model	31/01/2017	03/06/2017	29/06/2017	French	PDF
Abridged model	31/01/2016	04/06/2016	15/12/2016	French	PDF
Abridged model	31/01/2015	06/06/2015	16/03/2016	French	PDF
Abridged model	31/01/2014	06/06/2014	27/08/2014	French	PDF
Abridged model	31/01/2013	07/06/2013	27/09/2013	French	PDF
Abridged model	31/01/2012	07/06/2012	23/08/2012	French	PDF
Abridged model	31/01/2011	02/06/2011	24/08/2011	French	PDF
Abridged model	31/01/2010	03/06/2010	06/09/2010	French	PDF
Abridged model	31/01/2009	04/06/2009	07/09/2009	French	PDF
Abridged model	31/01/2008	05/06/2008	03/10/2008	French	PDF
Abridged model	31/01/2007	05/06/2007	10/10/2007	French	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 31/01/2026 · 1 active · 2 ended

Active mandates

Jean Wei

Managing director

Active

Ended mandates

JEAN BEECKMAN

Director

Ended

THI LANG PHAM

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/10/2025
DEMISSIONS, NOMINATIONS
PDF
Other01/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office25/11/2022
SIEGE SOCIAL
PDF
Mandates31/03/2022
DEMISSIONS, NOMINATIONS
PDF
Capital / shares04/05/2018
CAPITAL, ACTIONS
PDF
Mandates21/03/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates13/01/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office08/12/2015
SIEGE SOCIAL
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

2026
Annual accounts 2026138,2 k €↓
2025
Annual accounts 2025732,7 k €↑
2024
Annual accounts 202414,3 k €↑
2023
Annual accounts 2023-22,1 k €↓
2022
Annual accounts 2022131,4 k €↑
2021
Annual accounts 2021-13,6 k €↑
2020
Annual accounts 2020-48,8 k €↓
2019
Annual accounts 201946,6 k €↑
2018
Annual accounts 2018-119 k €↓
2017
Annual accounts 2017-27,9 k €↑
2016
Annual accounts 2016-65,3 k €↓
2015
Annual accounts 2015-1,7 k €↑
2014
Annual accounts 2014-12 k €↓
2013
Annual accounts 201318,2 k €↓
2012
Annual accounts 201254,9 k €↑
2011
Annual accounts 2011-32,6 k €↑
2010
Annual accounts 2010-47,2 k €↓
2009
Annual accounts 2009-7,7 k €↑
2008
Annual accounts 2008-58,9 k €↓
2007
Annual accounts 2007-33,5 k €
19/07/1993
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 LOG

Overview

What does HAPPY LOG 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