Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HAPY from Tubize, company number BE0436628969, closed financial year 2025 with a result of € -9,636 after tax. For that financial year HAPY recorded a gross margin of € 80,403 and equity of € -29,607. Compared with financial year 2024, the result moved from € -2,200 to € -9,636. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -29,607
▼ € 9,636 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,636
▼ 338 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,637.
People and assets in 2025
€ 85,790
▲ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2,217
Loans from banks and other lenders, long and short.
€ 25,361
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,279
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,335 | € 75,706 | € 80,934 | € 80,403 | ▼ 1% |
| Profit after taxes | € -37,522 | € -1,862 | € -2,200 | € -9,636 | ▼ € 7,436 |
| Equity | € -15,909 | € -17,771 | € -19,971 | € -29,607 | ▼ € 9,636 |
| Total debts | € 32,753 | € 41,327 | € 35,370 | € 40,542 | ▲ 15% |
| Cash | € 2,852 | € 9,031 | € 4,643 | - | |
| Land & buildings | € 4,296 | € 3,694 | € 2,400 | € 2,550 | ▲ 6% |
| Retained profit | € -34,501 | € -36,363 | € -38,563 | € -49,637 | ▼ € 11,074 |
| Bank debt | € 0 | € 0 | € 0 | € 2,217 | |
| Balance sheet total | € 16,844 | € 23,556 | € 15,399 | € 10,935 | ▼ 29% |
Key figures of HAPY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HAPY?
What happened at HAPY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,636. filed late Source: NBB ↗
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,522 loss in 2022 to € 9,636 loss in 2025.
Management
Behind HAPY are ARYS KONTOLEON and YRA KONTOLEON.
Directors
According to the 2025 annual accounts
ARYS KONTOLEON
Director
YRA KONTOLEON
Director
Establishments
Establishment units
Physical locations of this company
Rue de Mons 38
1480 Tubize
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.628.969
- VAT number
- BE 0436.628.969
- Registered office
- Rue de Mons 38, 1480 Tubize
- Names & denominations
- HAPY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1989
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening
Uitzendkoks en verzorgen van feesten en recepties
Catering van evenementen