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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Happy Life Academy from Grimbergen, company number BE0743725427, closed financial year 2025 with a result of € 32,167 after tax. For that financial year Happy Life Academy recorded a gross margin of € 121,674 and equity of € 137,528. Compared with financial year 2024, the result moved from € 32,874 to € 32,167. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ 137,528
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,167
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 35,667
▲ € 35,350 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 2,192
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 768,171
▼ 8% vs 2024
€ 43,033 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 18,961
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,369
▲ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,759 | € 87,833 | € 93,743 | € 121,674 | ▲ 30% |
| Profit after taxes | € 22,051 | € 26,638 | € 32,874 | € 32,167 | ▼ 2% |
| Equity | € 47,515 | € 73,320 | € 106,194 | € 137,528 | ▲ 30% |
| Total debts | € 278,369 | € 662,319 | € 876,521 | € 852,919 | ▼ 3% |
| Cash | € 1,966 | € 4,691 | € 317 | € 35,667 | ▲ € 35,350 |
| Land & buildings | € 311,577 | € 678,454 | € 961,925 | € 926,918 | ▼ 4% |
| Retained profit | € 45,015 | € 70,820 | € 103,694 | € 135,028 | ▲ 30% |
| Dividend | € 800 | € 833 | € 0 | € 833 | |
| Bank debt | € 195,664 | € 605,115 | € 835,132 | € 768,171 | ▼ 8% |
| Balance sheet total | € 325,884 | € 735,639 | € 982,715 | € 990,447 | ▲ 1% |
Key figures of Happy Life Academy, 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 Life Academy?
What happened at Happy Life Academy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,167 (▼ 2% vs 2024). filed late Source: NBB ↗
- New establishment in De Panne. KBO
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,051 profit in 2022 to € 32,167 profit in 2025.
Paid € 39,234 in corporate taxes since 2022.
Best year ever: 2024, with € 32,874 profit.
Paid out € 2,466 in dividends to the owners in total.
Management
Behind Happy Life Academy is STEFAN VANDEN MEERSSCHE. STEFAN VANDEN MEERSSCHE is also behind Resto Crescendo.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kerkeblokstraat 7
1850 Grimbergen
Duinkerkelaan 27
8660 De Panne
Active since 13 July 2026
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
- 0743.725.427
- VAT number
- BE 0743.725.427
- Registered office
- Kerkeblokstraat 7, 1850 Grimbergen
- Names & denominations
- Happy Life Academy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2020
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Detailhandel in spellen en speelgoed
Vervaardiging van gehomogeniseerde voedingspreparaten en dieetvoeding
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten op het gebied van voeding
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Overige menselijke gezondheidszorg, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering