ACTIVE

HAPPY GENERATION PROPERTY

Financial year 2025 · Closed on 31/12/2025

Net result
-184,9 k €
+73,7 %over 1 year
Gross margin
966,9 k €
+82,2 %over 1 year
Equity
3,7 M €
-4,7 %over 1 year

Identity

Source · BCE/KBO

HAPPY GENERATION PROPERTY is a Public limited company incorporated in 2002. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.661.067
Incorporation
16/01/2002
Legal form
Public limited company
Registered office
Avenue de Tervueren 43
1040 Etterbeek · BruxellesSee on map
Contributed capital
4 562 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Positive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 15 financial years

20252024202320202019
Income statement
Gross margin966,9 k €530,8 k €169,3 k €35,8 k €147,1 k €
EBITDA901,4 k €462,3 k €110,9 k €15,4 k €125,1 k €
Operating result173,6 k €-140,6 k €-297,5 k €-16,4 k €75,9 k €
Net result-184,9 k €-702,8 k €-668,7 k €-46,5 k €59,1 k €
Balance sheet
Equity3,7 M €3,9 M €2,1 M €828,1 k €874,8 k €
Total assets23,4 M €23,8 M €19,7 M €4 M €2,2 M €
Cash213,3 k €208,6 k €258,9 k €845,9 k €767,2 k €
Debts19,4 M €19,6 M €17,2 M €2,9 M €1,1 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 12 ended

Active mandates

ALAIN BRAIVE

Director · since 27 juin 2024 · until 30 juin 2027

Active
ASSETS INVESTMENTS AND CONSULTANCY

Director · since 29 juin 2023 · until 30 juin 2026 · 0463.801.243

Represented by SERGE DEMOULIN

Active
Ernst et Young Reviseurs d'Entreprises

Registered auditor · since 29 juin 2023 · until 30 juin 2026 · 0446.334.711

Represented by CHRISTEL WEYMEERSCH

Active
GSV CONSULT

Director · since 29 juin 2023 · until 30 juin 2026 · 0668.500.046

Represented by GUY SAVOIR

Active
SECUREX VIE

Director · since 29 juin 2023 · until 30 juin 2026 · 0422.900.402

Represented by PIERRE PRINCEN

Active

Ended mandates

FILIP BAPTIST

Director · since 23 juin 2022 · until 30 juin 2025

Ended
SECUREX VIE

Director · since 19 octobre 2020 · until 30 juin 2023 · 0422.900.402

Represented by PIERRE PRINCEN

Ended
ASSETS INVESTMENTS AND CONSULTANCY

Director · since 23 juin 2020 · until 30 juin 2023 · 0463.801.243

Represented by SERGE DEMOULIN

Ended
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises

Registered auditor · since 23 juin 2020 · until 30 juin 2023 · 0429.053.863

Represented by YVES DEHOGNE

Ended

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Avenue de Tervueren 43 1040 Etterbeek
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0677.886.973
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0734.716.404
Montoyer 39● Active
0768.947.605
0831.877.146
0401.086.981
SECUREX CONSULT● Active
0459.865.914
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Securex ICT● Active
0406.633.007
Securex Immo● Active
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SECUREX INVEST● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202630/06/202512/07/202411/07/202323/06/202224/06/2021
General meeting25/06/202626/06/202527/06/202429/06/202323/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202630/06/2026FrenchPDF
Abridged model31/12/202426/06/202530/06/2025FrenchPDF
Abridged model31/12/202327/06/202412/07/2024FrenchPDF
Abridged model31/12/202229/06/202311/07/2023FrenchPDF
Abridged model31/12/202123/06/202223/06/2022FrenchPDF
Abridged model31/12/202022/06/202124/06/2021FrenchPDF
Abridged model31/12/201923/06/202029/06/2020FrenchPDF
Abridged model31/12/201804/06/201905/06/2019FrenchPDF
Abridged model31/12/201705/04/201826/04/2018FrenchPDF
Abridged model31/12/201620/04/201716/05/2017FrenchPDF
Abridged modelCorrection31/12/201507/06/201621/10/2016FrenchPDF
Abridged model31/12/201507/06/201618/08/2016FrenchPDF
Abridged model31/12/201405/06/201517/08/2015FrenchPDF
Abridged model31/12/201306/06/201429/08/2014FrenchPDF
Abridged model31/12/201207/06/201329/08/2013FrenchPDF
Abridged model31/12/201101/06/201224/08/2012FrenchPDF
Abridged model31/12/201003/06/201116/09/2011FrenchPDF
Abridged model31/12/200904/06/201006/09/2010FrenchPDF
Abridged model31/12/200805/06/200924/07/2009FrenchPDF
Abridged model31/12/200706/06/200825/07/2008FrenchPDF
Abridged model31/12/200606/06/200727/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 12 ended

Active mandates

ALAIN BRAIVE

Director · since 27 juin 2024 · until 30 juin 2027

Active
ASSETS INVESTMENTS AND CONSULTANCY

Director · since 29 juin 2023 · until 30 juin 2026 · 0463.801.243

Represented by SERGE DEMOULIN

Active
Ernst et Young Reviseurs d'Entreprises

Registered auditor · since 29 juin 2023 · until 30 juin 2026 · 0446.334.711

Represented by CHRISTEL WEYMEERSCH

Active
GSV CONSULT

Director · since 29 juin 2023 · until 30 juin 2026 · 0668.500.046

Represented by GUY SAVOIR

Active
SECUREX VIE

Director · since 29 juin 2023 · until 30 juin 2026 · 0422.900.402

Represented by PIERRE PRINCEN

Active

Ended mandates

FILIP BAPTIST

Director · since 23 juin 2022 · until 30 juin 2025

Ended
SECUREX VIE

Director · since 19 octobre 2020 · until 30 juin 2023 · 0422.900.402

Represented by PIERRE PRINCEN

Ended
ASSETS INVESTMENTS AND CONSULTANCY

Director · since 23 juin 2020 · until 30 juin 2023 · 0463.801.243

Represented by SERGE DEMOULIN

Ended
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises

Registered auditor · since 23 juin 2020 · until 30 juin 2023 · 0429.053.863

Represented by YVES DEHOGNE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/08/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares25/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates31/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/03/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares11/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates09/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/02/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-184,9 k €↑
  2. 2024
    Annual accounts 2024-702,8 k €↓
  3. 2023
    Annual accounts 2023-668,7 k €↓
  4. 2020
    Annual accounts 2020-46,5 k €↓
  5. 2019
    Annual accounts 201959,1 k €↓
  6. 2018
    Annual accounts 2018627,4 k €↑
  7. 2015
    Annual accounts 2015-563 €↑
  8. 2015
    Name changeHAPPY GENERATION PROPERTY
  9. 2014
    Annual accounts 2014-41,5 k €↓
  10. 2013
    Annual accounts 201351,6 k €↑
  11. 2012
    Annual accounts 2012-1,9 k €↓
  12. 2011
    Annual accounts 201121,1 k €↓
  13. 2010
    Annual accounts 201035 k €↓
  14. 2009
    Annual accounts 2009118,3 k €↑
  15. 2008
    Annual accounts 200854,1 k €↑
  16. 2007
    Annual accounts 2007-17,6 k €
  17. 2007
    Name changeHEALTH & SAFETY CONSULTING
  18. 16/01/2002
    IncorporationPublic limited company