NORMAL SITUATION

AreTheyHappy

Company — Normal situation.

Financial year 2023 · Closed on 30/11/2023

Net result-50,9 k €+85,9 %over 1 year
Gross margin94,6 k €+86,2 %over 1 year
Equity-245,2 k €-26,2 %over 1 year
Workforce2,7 ETP-6,9 %over 1 year

Identity

Source · BCE/KBO

AreTheyHappy is a company registered in Belgium. It employs on average 2,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0665.822.846
Legal form
Public limited company
Contributed capital
618 631,54 €
Latest accounts
30/11/2023
Average workforce
2,7 ETP
Joint committees (1)
  • 200

Financials

Source · NBB, 7 filings

Trend over 6 financial years

20232023202220202019
Income statement
Gross margin94,6 k €50,8 k €240,1 k €78,4 k €-95,4 k €
EBITDA-4,5 k €-248 k €64,2 k €-75,5 k €-198,8 k €
Operating result-50,7 k €-357,8 k €-38,6 k €-121,5 k €-222,8 k €
Net result-50,9 k €-359,7 k €-54,5 k €-131,8 k €-227,7 k €
Balance sheet
Equity-245,2 k €-194,4 k €165,3 k €68,6 k €200,4 k €
Total assets825 k €832 k €1 M €681,2 k €496,1 k €
Cash16 k €21,3 k €131,9 k €58,8 k €8,9 k €
Debts979,4 k €976,9 k €781 k €547,4 k €265,9 k €
Other
Workforce2,7 ETP2,9 ETP3,5 ETP––

Board of directors

Source · NBB, accounts to 30/11/2023

3 active · 7 ended

Active mandates

Joseph Lok

Director · since 14 avril 2022 · until 14 avril 2028

Active
Kevin Ma

Director · since 14 avril 2022 · until 14 avril 2028

Active
Ron Nayot

Director · since 14 avril 2022 · until 14 avril 2028

Active

Ended mandates

Chantal Misaëlle

Director · since 03 novembre 2017 · until 01 décembre 2022

Ended
Hannah Albarece

Director · since 03 novembre 2017 · until 14 avril 2022

Ended
Hannah Albarece

Director · since 03 novembre 2017 · until 01 décembre 2022

Ended
Jan-Willem Callebaut

Director · since 03 novembre 2017 · until 26 février 2020

Ended

Full financial information

Source · NBB
202320232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/07/202301/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year30/11/202330/06/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year5 months12 months12 months12 months12 months12 months
Filing date30/08/202403/01/202427/01/202325/01/202212/07/202117/03/2020
General meeting26/12/202301/12/202316/12/202218/01/202218/01/202125/02/2020
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/11/202326/12/202330/08/2024DutchPDF
Abridged model30/06/202301/12/202303/01/2024DutchPDF
Abridged model30/06/202216/12/202227/01/2023DutchPDF
Abridged model30/06/202118/01/202225/01/2022DutchPDF
Micro model30/06/202018/01/202112/07/2021DutchPDF
Micro model30/06/201925/02/202017/03/2020DutchPDF
Micro model30/06/201822/12/201829/01/2019DutchPDF

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.

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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 30/11/2023

3 active · 7 ended

Active mandates

Joseph Lok

Director · since 14 avril 2022 · until 14 avril 2028

Active
Kevin Ma

Director · since 14 avril 2022 · until 14 avril 2028

Active
Ron Nayot

Director · since 14 avril 2022 · until 14 avril 2028

Active

Ended mandates

Chantal Misaëlle

Director · since 03 novembre 2017 · until 01 décembre 2022

Ended
Hannah Albarece

Director · since 03 novembre 2017 · until 14 avril 2022

Ended
Hannah Albarece

Director · since 03 novembre 2017 · until 01 décembre 2022

Ended
Jan-Willem Callebaut

Director · since 03 novembre 2017 · until 26 février 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring07/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring02/10/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/04/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates15/10/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-50,9 k €↑
  2. 2023
    Annual accounts 2023-359,7 k €↓
  3. 2022
    Annual accounts 2022-54,5 k €↑
  4. 2020
    Annual accounts 2020-131,8 k €↑
  5. 2019
    Annual accounts 2019-227,7 k €↓
  6. 2018
    Annual accounts 2018-111,2 k €