ACTIVE

Happy M

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Financial year 2025 · closed on 30/09/2025
Net result
-12,8 k €
+76.0% YoY
Gross margin
-9,2 k €
+32.6% YoY
Equity
-103,2 k €
-14.2% YoY

What does Happy M do?

Happy M is a Private limited company incorporated in 2016. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0647.664.644
Incorporation
01/02/2016
Legal form
Private limited company
Registered office
Jordaenskaai 24
2000 Antwerpen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/09/2025
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192017
Income statement
Gross margin-9,2 k €-13,7 k €-2,9 k €-26,4 k €-19,1 k €60 k €-144,4 k €291,8 k €
EBITDA-9,8 k €-15,6 k €-5,3 k €-30,6 k €-23,4 k €58,7 k €-147,8 k €290,8 k €
Operating result-9,8 k €-15,6 k €-5,3 k €-30,6 k €-23,4 k €58,7 k €-297,8 k €290,8 k €
Net result-12,8 k €-53,4 k €30,8 k €-33,5 k €-25,8 k €56 k €-284,8 k €207,8 k €
Balance sheet
Equity-103,2 k €-90,4 k €-37 k €-67,9 k €-34,4 k €-8,6 k €-64,6 k €220,2 k €
Total assets45,3 k €32,3 k €98,2 k €54 k €48,9 k €46,8 k €58,9 k €358,3 k €
Cash1,2 k €2,9 k €6,9 k €9,2 k €3,8 k €14,3 k €1,6 k €477,1 €
Debts148,5 k €122,7 k €135,3 k €119,9 k €83,3 k €55,4 k €123,5 k €138,1 k €
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 4 ended

Active mandates

Manon Liebau

Director · since 01 février 2016

Active

Ended mandates

Eric Schellemans

Director

Ended
Eric Schellemans

Manager

Ended
Manon Liebau

Director

Ended
Manon Liebau

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202620/03/202630/04/202428/04/202329/04/202230/03/2021
General meeting25/03/202630/04/202531/03/202431/03/202325/03/202225/03/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202525/03/202630/04/2026DutchPDF
Micro model30/09/202430/04/202520/03/2026DutchPDF
Micro model30/09/202331/03/202430/04/2024DutchPDF
Micro model30/09/202231/03/202328/04/2023DutchPDF
Micro model30/09/202125/03/202229/04/2022DutchPDF
Micro model30/09/202025/03/202130/03/2021DutchPDF
Micro model30/09/201915/04/202009/06/2020DutchPDF
Abridged model31/12/201722/06/201827/08/2018DutchPDF
Estimate

Indicative valuation

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 30/09/2025 · 1 active · 4 ended

Active mandates

Manon Liebau

Director · since 01 février 2016

Active

Ended mandates

Eric Schellemans

Director

Ended
Eric Schellemans

Manager

Ended
Manon Liebau

Director

Ended
Manon Liebau

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other14/01/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office23/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office14/09/2017
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/09/2016
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-12,8 k €↑
  2. 2024
    Annual accounts 2024-53,4 k €↓
  3. 2023
    Annual accounts 202330,8 k €↑
  4. 2022
    Annual accounts 2022-33,5 k €↓
  5. 2021
    Annual accounts 2021-25,8 k €↓
  6. 2020
    Annual accounts 202056 k €↑
  7. 2019
    Annual accounts 2019-284,8 k €↓
  8. 2017
    Annual accounts 2017207,8 k €
  9. 01/02/2016
    IncorporationPrivate limited company