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 3 of the last 3 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
Happiness Palace from Tervuren, company number BE0793709329, closed financial year 2025 with a result of € -54,882 after tax. For that financial year Happiness Palace recorded a gross margin of € -27,783 and equity of € -472,486. Compared with financial year 2024, the result moved from € -211,572 to € -54,882. 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 August 30, 2026.
€ -472,486
▼ € 54,882 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,882
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,262
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -533,986.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,836
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -18,216 | € -116,135 | € -27,783 | ▲ € 88,352 |
| Profit after taxes | € -267,532 | € -211,572 | € -54,882 | ▲ € 156,690 |
| Equity | € -206,032 | € -417,604 | € -472,486 | ▼ € 54,882 |
| Total debts | € 1,950,148 | € 1,999,400 | € 2,026,639 | ▲ 1% |
| Cash | € 77,625 | € 8,164 | € 3,262 | ▼ 60% |
| Land & buildings | € 1,664,941 | € 1,572,082 | € 1,549,341 | ▼ 1% |
| Retained profit | € -267,532 | € -479,104 | € -533,986 | ▼ € 54,882 |
| Balance sheet total | € 1,744,116 | € 1,581,796 | € 1,554,153 | ▼ 2% |
Key figures of Happiness Palace, fiscal years 2023 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 Happiness Palace?
What happened at Happiness Palace in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 54,882. filed late Source: NBB ↗
- New establishment in Tervuren. KBO
- Olivia VAN OUTRYVE D'YDEWALLE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 267,532 loss in 2023 to € 54,882 loss in 2025.
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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 Happiness Palace is Olivia VAN OUTRYVE D'YDEWALLE. Olivia VAN OUTRYVE D'YDEWALLE is also behind CANTRINE, Bee & Be, OLIPOP and Hoona.
Establishments
Establishment units
Physical locations of this company
Elisabethlaan 28
3080 Tervuren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0793.709.329
- VAT number
- BE 0793.709.329
- Registered office
- Elisabethlaan 28, 3080 Tervuren
- Names & denominations
- Happiness Palace
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 2022
- Peppol
- Active · Active since 5 Feb 2026
- Contact
- [email protected]