ACTIVE

IT HAPPENS

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Financial year 2025 · closed on 31/03/2025
Net result
49,6 k €
+17.5% YoY
Gross margin
118 k €
+5.1% YoY
Equity
333,2 k €
+17.5% YoY

What does IT HAPPENS do?

IT HAPPENS is a Private limited company incorporated in 2009. Its main activity is: Advertising agencies. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0816.601.032
Incorporation
30/06/2009
Legal form
Private limited company
Registered office
Brabantdam 92 box 401
9000 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2025
Activities (NACE)
73110Advertising agencies· main73110Advertising agencies73120Media representation73120Media representation
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222020201920182017201620152014201320122011
Income statement
Gross margin118 k €112,3 k €120,5 k €99 k €89,1 k €71,2 k €71,4 k €147,1 k €177,5 k €144,9 k €109,5 k €115,1 k €40,1 k €11 k €
EBITDA115 k €105,3 k €116 k €94,8 k €84,5 k €67,6 k €61,6 k €134,6 k €153,2 k €141,8 k €106 k €113,5 k €38,1 k €10,1 k €
Operating result79 k €70,7 k €84,7 k €65,5 k €55,9 k €27,2 k €20,2 k €92,1 k €115 k €104,4 k €67,9 k €77,4 k €-32,7 k €4,5 k €
Net result49,6 k €42,3 k €53,2 k €49,2 k €29,3 k €7,9 k €1,7 k €46,2 k €60,8 k €54,6 k €34,1 k €48,8 k €-36,2 k €374,1 €
Balance sheet
Equity333,2 k €283,6 k €244,3 k €192,8 k €266,2 k €236,9 k €229 k €227,3 k €181,1 k €120,3 k €65,7 k €31,6 k €-17,3 k €6,6 k €
Total assets706,6 k €518,7 k €492,2 k €504,2 k €550,1 k €582,6 k €595,9 k €709,1 k €609,2 k €678,4 k €583,8 k €581,4 k €427,9 k €33,4 k €
Cash228,3 k €202,3 k €169,8 k €182 k €190 k €187,5 k €146,7 k €145,8 k €138,4 k €113,7 k €93,6 k €78,4 k €1,6 k €17,8 k €
Debts371,3 k €233,1 k €245,9 k €309,4 k €281,9 k €343,7 k €366,9 k €481,9 k €411 k €558,1 k €518,2 k €549,8 k €445,1 k €26,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Christ LANNOY

Manager · since 24 juin 2009

Active

Ended mandates

Christ Lannoy

Director · since 24 juin 2009

Ended
Christ Lannoy

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
KOPDECAM● Active
0839.021.195
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202531/10/202430/10/202328/10/202202/11/202116/11/2020
General meeting10/10/202530/10/202430/09/202330/09/202230/09/202121/10/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202510/10/202531/10/2025DutchPDF
Micro model31/03/202430/10/202431/10/2024DutchPDF
Micro model31/03/202330/09/202330/10/2023DutchPDF
Micro model31/03/202230/09/202228/10/2022DutchPDF
Micro model31/03/202130/09/202102/11/2021DutchPDF
Micro model31/03/202021/10/202016/11/2020DutchPDF
Micro model31/03/201927/09/201923/10/2019DutchPDF
Micro model31/03/201828/09/201825/10/2018DutchPDF
Micro model31/03/201729/09/201730/10/2017DutchPDF
Abridged model31/03/201630/09/201628/10/2016DutchPDF
Abridged model31/03/201525/09/201529/10/2015DutchPDF
Abridged model31/03/201426/09/201427/11/2014DutchPDF
Abridged model31/03/201327/09/201307/11/2013DutchPDF
Abridged model31/03/201228/09/201223/10/2012DutchPDF
Abridged model31/03/201130/09/201122/11/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 1 active · 2 ended

Active mandates

Christ LANNOY

Manager · since 24 juin 2009

Active

Ended mandates

Christ Lannoy

Director · since 24 juin 2009

Ended
Christ Lannoy

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/09/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/03/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/07/2009
    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 202549,6 k €↑
  2. 2024
    Annual accounts 202442,3 k €↓
  3. 2023
    Annual accounts 202353,2 k €↑
  4. 2022
    Annual accounts 202249,2 k €↑
  5. 2020
    Annual accounts 202029,3 k €↑
  6. 2019
    Annual accounts 20197,9 k €↑
  7. 2018
    Annual accounts 20181,7 k €↓
  8. 2017
    Annual accounts 201746,2 k €↓
  9. 2016
    Annual accounts 201660,8 k €↑
  10. 2015
    Annual accounts 201554,6 k €↑
  11. 2014
    Annual accounts 201434,1 k €↓
  12. 2013
    Annual accounts 201348,8 k €↑
  13. 2012
    Annual accounts 2012-36,2 k €↓
  14. 2011
    Annual accounts 2011374,1 €
  15. 30/06/2009
    IncorporationPrivate limited company