ACTIVE

HAPPY CONSTRUCT

Financial year 2025 · closed on 30/06/2025
Net result
60,4 k €
+189.5% YoY
Gross margin
1 M €
+19.4% YoY
Equity
229,8 k €
+35.7% YoY
Workforce
16,9 ETP
-6.1% YoY

What does HAPPY CONSTRUCT do?

HAPPY CONSTRUCT is a Private limited company incorporated in 2014. Its registered office is in Bruxelles. It employs on average 16,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.691.820
Incorporation
23/01/2014
Legal form
Private limited company
Registered office
Rue Picard 7 box BOX 100
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
16,9 ETP
Joint committees (1)
  • 124
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin1 M €868,1 k €844,6 k €771,4 k €671,7 k €439,3 k €492,5 k €449 k €397 k €446,8 k €476,2 k €
EBITDA86,3 k €33,5 k €22,5 k €40 k €16,9 k €79,8 k €76,5 k €48,5 k €53,7 k €110,4 k €34,1 k €
Operating result86,2 k €32,6 k €19,2 k €36,5 k €14,3 k €75,6 k €72,3 k €44 k €49,2 k €105,9 k €33,1 k €
Net result60,4 k €20,9 k €7,8 k €15,8 k €5,3 k €30,7 k €7,8 k €7,7 k €25,1 k €102,9 k €18,7 k €
Balance sheet
Equity229,8 k €169,3 k €148,5 k €140,7 k €124,8 k €119,5 k €174,6 k €166,7 k €159,1 k €134 k €31,1 k €
Total assets982,5 k €587,6 k €775,4 k €441,4 k €612,9 k €630,2 k €546,9 k €461,3 k €555,8 k €272 k €125,9 k €
Cash175,3 k €71,6 k €47,4 k €45,2 k €167,3 k €3,3 k €4,4 k €58,6 k €131 k €9,7 k €2,8 k €
Debts735,4 k €418,3 k €598 k €300,8 k €488 k €510,6 k €372,3 k €294,5 k €396,7 k €138,1 k €94,9 k €
Other
Workforce16,9 ETP18,0 ETP17,7 ETP18,7 ETP15,5 ETP8,3 ETP8,7 ETP7,2 ETP9,1 ETP9,7 ETP11,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Mehmet OZCELIK

Mandate

Active

Ended mandates

MEHMET OZCELIK

Director

Ended
MEHMET OZCELIK

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/02/202628/01/202530/12/202302/01/202321/01/202228/01/2021
General meeting26/12/202527/12/202429/12/202330/12/202231/12/202125/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202526/12/202507/02/2026FrenchPDF
Abridged model30/06/202427/12/202428/01/2025FrenchPDF
Abridged model30/06/202329/12/202330/12/2023FrenchPDF
Abridged model30/06/202230/12/202202/01/2023FrenchPDF
Abridged model30/06/202131/12/202121/01/2022FrenchPDF
Abridged model30/06/202025/12/202028/01/2021FrenchPDF
Abridged model30/06/201927/12/201910/01/2020FrenchPDF
Abridged model30/06/201828/12/201821/01/2019FrenchPDF
Abridged model30/06/201729/12/201701/02/2018FrenchPDF
Abridged model30/06/201630/12/201616/02/2017FrenchPDF
Abridged model30/06/201528/12/201529/02/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Mehmet OZCELIK

Mandate

Active

Ended mandates

MEHMET OZCELIK

Director

Ended
MEHMET OZCELIK

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/02/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/01/2014
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202560,4 k €
  2. 2024
    Annual accounts 202420,9 k €
  3. 2023
    Annual accounts 20237,8 k €
  4. 2022
    Annual accounts 202215,8 k €
  5. 2021
    Annual accounts 20215,3 k €
  6. 2020
    Annual accounts 202030,7 k €
  7. 2019
    Annual accounts 20197,8 k €
  8. 2018
    Annual accounts 20187,7 k €
  9. 2017
    Annual accounts 201725,1 k €
  10. 2016
    Annual accounts 2016102,9 k €
  11. 2015
    Annual accounts 201518,7 k €
  12. 23/01/2014
    IncorporationPrivate limited company