Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 55.4 to 44.2.
Financials
Financial year 2025
HAPPINESS BRUSSELS from Vilvoorde, company number BE0876054114, closed financial year 2025 with a result of € 783,067 after tax. For that financial year HAPPINESS BRUSSELS recorded revenue of € 14.1 million and equity of € 364,453. Compared with financial year 2024, the result moved from € 694,234 to € 783,067. 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 July 10, 2026.
€ 364,453
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 783,067
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 623,732
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
96 % of the profit went to the shareholders, mostly to Happiness Europe NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
44.2
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 1% vs 2024
€ 73,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 99,193
▲ 119% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6.8 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 255 days on average.
€ 721,572
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,640,753 | € 15,172,734 | € 14,953,649 | € 14,123,368 | ▼ 6% |
| Profit after taxes | € 78,917 | € 728,551 | € 694,234 | € 783,067 | ▲ 13% |
| Equity | € 1,665,230 | € 1,913,616 | € 331,386 | € 364,453 | ▲ 10% |
| Total debts | € 5,148,285 | € 7,716,079 | € 11,890,782 | € 9,384,928 | ▼ 21% |
| Cash | € 1,917,353 | € 1,491,834 | € 552,771 | € 623,732 | ▲ 13% |
| Land & buildings | € 352,167 | € 179,036 | € 87,831 | - | |
| Retained profit | € 1,625,230 | € 1,873,616 | € 291,386 | € 324,453 | ▲ 11% |
| Dividend | € 0 | € 0 | € 2,250,000 | € 750,000 | ▼ 67% |
| Bank debt | € 154,803 | € 788,245 | € 0 | € 0 | |
| Balance sheet total | € 6,813,515 | € 9,629,695 | € 12,222,168 | € 9,749,382 | ▼ 20% |
| Employees (FTE) | 43.1 | 55.4 | 45.4 | 44.2 | ▼ 1.2 |
Key figures of HAPPINESS BRUSSELS, fiscal years 2021 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 BRUSSELS?
What happened at HAPPINESS BRUSSELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 783,067 (▲ 13% vs 2024). Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,917 profit in 2021 to € 783,067 profit in 2025.
Paid € 1.1 million in corporate taxes since 2021.
Best year ever: 2025, with € 783,067 profit.
Paid out € 3 million 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 HAPPINESS BRUSSELS are Kat Ariaan, Frans De Vries and Corrigan Communicatie BV. The shares are held by Happiness Europe NV (100%).
Directors
According to the 2025 annual accounts
Kat Ariaan
Director
Frans De Vries
Director
Also active at: COM & CO, Tomorrow Agency, Icemen, Cuypers Compagnie, We Love Happiness, Only Belgium, BLISS CONTENT, HAPPINESS EUROPE
Managing director · represented by Karin Corrigan
Also active at: Tomorrow Agency, Icemen, Cuypers Compagnie, We Love Happiness, Only Belgium, BLISS CONTENT, HAPPINESS EUROPE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Laurent-Benoit Dewezplein 4
1800 Vilvoorde
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
- 0876.054.114
- VAT number
- BE 0876.054.114
- Registered office
- Laurent-Benoit Dewezplein 4, 1800 Vilvoorde
- Names & denominations
- HAPPINESS BRUSSELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2005
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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