Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Happiness Labs from Nazareth-De Pinte, company number BE0800404705, closed financial year 2025 with a result of € 17,106 after tax. For that financial year Happiness Labs recorded a gross margin of € 83,616 and equity of € 30,334. Compared with financial year 2024, the result moved from € 3,228 to € 17,106. Profitable, and profit is growing. 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 May 8, 2026.
€ 30,334
▲ 129% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,106
▲ € 13,878 vs 2024
Profit after tax over the fiscal year.
€ 5,803
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20,334.
Debts at end 2025
€ 435,277
▼ 28% vs 2024
€ 217,128 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 10,023
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,280
▲ € 8,436 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 39,929 | € 83,616 | ▲ 109% |
| Profit after taxes | € 3,228 | € 17,106 | ▲ € 13,878 |
| Equity | € 13,228 | € 30,334 | ▲ 129% |
| Total debts | € 770,708 | € 528,579 | ▼ 31% |
| Cash | € 6,048 | € 5,803 | ▼ 4% |
| Retained profit | € 3,228 | € 20,334 | ▲ € 17,106 |
| Bank debt | € 602,841 | € 435,277 | ▼ 28% |
| Balance sheet total | € 783,936 | € 558,913 | ▼ 29% |
Key figures of Happiness Labs, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Happiness Labs?
What happened at Happiness Labs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,106 (▲ € 13,878 vs 2024). filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Lindsay Maes became a director. NBB
- Dieter De Vos became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,228 profit in 2024 to € 17,106 profit in 2025.
Paid € 4,416 in corporate taxes since 2024.
Best year ever: 2025, with € 17,106 profit.
Management
Behind Happiness Labs are Lindsay Maes and Dieter De Vos. The same people are also behind Chasing Unicorns. Dieter De Vos is also behind De Bonte Koe, Hold My Shoes, HALLELUJAH, Walking on Sunshine and Sunshine & Partners.
Directors
According to the 2025 annual accounts
since 2023
Dieter De Vos
Director
Also active at: De Bonte Koe, Hold My Shoes, HALLELUJAH, Chasing Unicorns, Walking on Sunshine, Sunshine & Partners
since 2023
Establishments
Establishment units
Physical locations of this company
Hauwenhauwstraat 1
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →De Bonte Koe same network
€ 116,258 gross margin · 2024
Hold My Shoes same network
€ -17,114 gross margin · 2025
HALLELUJAH same network
€ 976,545 gross margin · 2025
Chasing Unicorns same network
€ 41,008 gross margin · 2025
V-FORMATION
€ 250,147 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.404.705
- VAT number
- BE 0800.404.705
- Registered office
- Hauwenhauwstraat 1, 9810 Nazareth-De Pinte
- Names & denominations
- Happiness Labs
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2023
- Peppol
- Active · Active since 20 Aug 2025
- Activities · NACE
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