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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Happy Gocarts from De Panne, company number BE0678626846, closed financial year 2025 with a result of € 198,170 after tax. For that financial year Happy Gocarts recorded a gross margin of € 446,266 and equity of € 74,717. Compared with financial year 2024, the result moved from € 107,320 to € 198,170. Profitable, and profit is growing. The buffer shrank hard: equity is 68 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 74,717
▼ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 198,170
▲ 85% vs 2024
Profit after tax over the fiscal year.
€ 191,576
▲ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 360,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 99,774
▲ 11% 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.
€ 39,528
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,088
▼ 27% vs 2024
€ 37,166 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 29,357
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,187
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 325,308 | € 327,856 | € 299,270 | € 446,266 | ▲ 49% |
| Profit after taxes | € 155,352 | € 133,416 | € 107,320 | € 198,170 | ▲ 85% |
| Equity | € 175,812 | € 129,227 | € 236,547 | € 74,717 | ▼ 68% |
| Total debts | € 200,705 | € 438,118 | € 278,946 | € 534,980 | ▲ 92% |
| Cash | € 49,982 | € 119,062 | € 110,960 | € 191,576 | ▲ 73% |
| Land & buildings | € 3,323 | € 88,249 | € 86,337 | € 118,783 | ▲ 38% |
| Retained profit | € 157,212 | € 110,627 | € 217,947 | € 56,117 | ▼ 74% |
| Dividend | € 218,711 | € 180,000 | € 0 | € 360,000 | |
| Bank debt | € 129,250 | € 215,670 | € 137,254 | € 100,088 | ▼ 27% |
| Balance sheet total | € 376,517 | € 567,345 | € 515,494 | € 609,697 | ▲ 18% |
Key figures of Happy Gocarts, 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 Happy Gocarts?
What happened at Happy Gocarts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 198,170 (▲ 85% vs 2024). filed late Source: NBB ↗
- Emiel Dequeecker Technics BV became a director. NBB
- New establishment in Nieuwpoort. KBO
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,352 profit in 2022 to € 198,170 profit in 2025.
Paid € 199,944 in corporate taxes since 2022.
Best year ever: 2025, with € 198,170 profit.
Paid out € 758,711 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Happy Gocarts are Filip Dequeecker, Louise Dequeecker, EMLO BV and Emiel Dequeecker Technics BV. The same people are also behind STORMVOGEL. Filip Dequeecker is also behind EMLO and Clapotis Club. Louise Dequeecker is also behind VAMA and EMLO. EMLO BV is also behind VAMA.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Visserslaan 45
8660 De Panne
Zeedijk 11
8620 Nieuwpoort
Active since 25 August 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.626.846
- VAT number
- BE 0678.626.846
- Registered office
- Visserslaan 45, 8660 De Panne
- Names & denominations
- Happy Gocarts
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2017
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Overige recreatie- en ontspanningsactiviteiten, neg