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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
HAPPY HEART from Gent, company number BE0632655378, closed financial year 2026 with a result of € 30,128 after tax. For that financial year HAPPY HEART recorded a gross margin of € 39,197 and equity of € 48,728. Compared with financial year 2025, the result moved from € 72,444 to € 30,128. The company is profitable. The buffer shrank hard: equity is 67 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 48,728
▼ 67% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,128
▼ 58% vs 2025
Profit after tax over the fiscal year.
€ 533
▼ 99% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 129,668 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 610
▼ 57% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 3,467
Loans from banks and other lenders, long and short.
€ 9,958
▲ 214% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 6,360
▲ € 5,851 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 47,164 | € 77,766 | € 89,959 | € 39,197 | ▼ 56% |
| Profit after taxes | € 34,854 | € 57,164 | € 72,444 | € 30,128 | ▼ 58% |
| Equity | € 18,660 | € 75,824 | € 148,268 | € 48,728 | ▼ 67% |
| Total debts | € 96,358 | € 68,117 | € 3,764 | € 40,714 | ▲ € 36,950 |
| Cash | € 3,772 | € 29,210 | € 46,718 | € 533 | ▼ 99% |
| Retained profit | € 60 | € 57,224 | € 129,668 | € 30,128 | ▼ 77% |
| Dividend | € 0 | € 0 | € 0 | € 129,668 | |
| Bank debt | € 81,518 | € 48,491 | € 0 | € 3,467 | |
| Balance sheet total | € 115,018 | € 143,941 | € 152,032 | € 89,443 | ▼ 41% |
Key figures of HAPPY HEART, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HAPPY HEART?
What happened at HAPPY HEART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 30,128 (▼ 58% vs 2025). Source: NBB ↗
- Guy Pelegrin became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,854 profit in 2023 to € 30,128 profit in 2026.
Paid € 44,618 in corporate taxes since 2023.
Best year ever: 2025, with € 72,444 profit.
Paid out € 129,668 in dividends to the owners in total.
Management
Behind HAPPY HEART is Guy Pelegrin.
Directors
According to the 2026 annual accounts
Guy Pelegrin
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Jan Breydelstraat 40
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.655.378
- VAT number
- BE 0632.655.378
- Registered office
- Jan Breydelstraat 40, 9000 Gent
- Names & denominations
- HAPPY HEART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2015
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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