OPENING OF BANKRUPTCY

HAPPY PEOPLE ASSOCIATION

Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/12/2019

Net result-715,1 k €-783,3 %over 1 year
Gross margin-169,3 k €-130,9 %over 1 year
Equity-439,3 k €-259,3 %over 1 year
Workforce12,8 ETP-18,5 %over 1 year

Identity

Source · BCE/KBO

HAPPY PEOPLE ASSOCIATION is a Public limited company incorporated in 2005. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Grobbendonk. It employs on average 12,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0872.158.078
Incorporation
28/02/2005
Legal form
Public limited company
Registered office
Bouwelven 11
2280 Grobbendonk · FlandreSee on map
Latest accounts
31/12/2019
Average workforce
12,8 ETP
Joint committees (4)
  • 100
  • 200
  • 201
  • 218
Contacts
3 public details availableLog in to view
Signals
Healthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20192018201720162015
Income statement
Gross margin-169,3 k €547,1 k €661,4 k €614,4 k €1,1 M €
EBITDA-579,6 k €84,3 k €197,2 k €219,6 k €328,5 k €
Operating result-667,5 k €-31,9 k €118,3 k €119,8 k €104,6 k €
Net result-715,1 k €-81 k €38 k €51,4 k €-24,2 k €
Balance sheet
Equity-439,3 k €275,8 k €356,8 k €318,8 k €267,4 k €
Total assets1,2 M €2,2 M €2,2 M €1,9 M €1,9 M €
Cash20 k €32,9 k €59,8 k €44,7 k €44,4 k €
Debts1,6 M €2 M €1,8 M €1,6 M €1,6 M €
Other
Workforce12,8 ETP15,7 ETP17,0 ETP16,4 ETP12,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2019

1 active · 7 ended

Active mandates

LOKI

Director · 0476.131.923

Represented by Gwen Carsauw

Active

Ended mandates

Gwen Carsauw

Mandate · since 28 décembre 2011 · until 28 décembre 2017

Ended
LOKI

Director · since 28 décembre 2011 · until 28 décembre 2017 · 0476.131.923

Represented by Gwen Carsauw

Ended
LOKI

Director · since 28 décembre 2011 · until 28 décembre 2017 · 0476.131.923

Represented by Gwen Carsauw

Ended
HAPPY PEOPLE ASSOCIATION

Director · since 25 février 2005 · 0872.158.078

Ended

Full financial information

Source · NBB
201920182017201620152014
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/04/201401/04/2013
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/03/2014
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date26/06/202029/08/201930/07/201828/08/201730/08/201630/09/2014
General meeting28/05/202026/05/201924/05/201825/05/201726/05/201616/08/2014
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201928/05/202026/06/2020DutchPDF
Abridged model31/12/201826/05/201929/08/2019DutchPDF
Abridged model31/12/201724/05/201830/07/2018DutchPDF
Abridged model31/12/201625/05/201728/08/2017DutchPDF
Abridged model31/12/201526/05/201630/08/2016DutchPDF
Abridged model31/03/201416/08/201430/09/2014DutchPDF
Abridged model31/03/201316/08/201311/09/2013DutchPDF
Abridged model31/03/201217/08/201212/09/2012DutchPDF
Abridged model31/03/201130/09/201105/01/2012DutchPDF
Abridged model31/03/201030/09/201018/11/2010DutchPDF
Abridged model31/03/200930/09/200928/10/2009DutchPDF
Abridged model31/03/200815/08/200818/08/2008DutchPDF
Abridged model31/03/200717/08/200708/11/2007DutchPDF

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 31/12/2019

1 active · 7 ended

Active mandates

LOKI

Director · 0476.131.923

Represented by Gwen Carsauw

Active

Ended mandates

Gwen Carsauw

Mandate · since 28 décembre 2011 · until 28 décembre 2017

Ended
LOKI

Director · since 28 décembre 2011 · until 28 décembre 2017 · 0476.131.923

Represented by Gwen Carsauw

Ended
LOKI

Director · since 28 décembre 2011 · until 28 décembre 2017 · 0476.131.923

Represented by Gwen Carsauw

Ended
HAPPY PEOPLE ASSOCIATION

Director · since 25 février 2005 · 0872.158.078

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2015
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office13/02/2013
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/01/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/04/2008
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other08/03/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

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Timeline

  1. 2019
    Annual accounts 2019-715,1 k €↓
  2. 2018
    Annual accounts 2018-81 k €↓
  3. 2017
    Annual accounts 201738 k €↓
  4. 2016
    Annual accounts 201651,4 k €↑
  5. 2015
    Annual accounts 2015-24,2 k €↑
  6. 2014
    Annual accounts 2014-48,1 k €↓
  7. 2013
    Annual accounts 201321,1 k €↓
  8. 2012
    Annual accounts 201228,6 k €↑
  9. 2011
    Annual accounts 201120,3 k €↑
  10. 2010
    Annual accounts 20106,7 k €↑
  11. 2009
    Annual accounts 20095,6 k €↓
  12. 2008
    Annual accounts 200839,5 k €↑
  13. 2007
    Annual accounts 20074,5 k €
  14. 28/02/2005
    IncorporationPublic limited company