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 52 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HAPPY HOUSE CONSTRUCT from Spa, company number BE0878952434, closed financial year 2025 with a result of € -98,601 after tax. For that financial year HAPPY HOUSE CONSTRUCT recorded a gross margin of € 378,161 and equity of € 936,401. Compared with financial year 2024, the result moved from € 385,772 to € -98,601. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 936,401
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,601
▼ still € 385,772 profit in 2024
Profit after tax over the fiscal year.
€ 25,231
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 919,701.
People and assets in 2025
0.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8,228
▼ 70% 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.
€ 18,056
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▼ 9% vs 2024
€ 328,664 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 665,747
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,326
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,012,945 | € 230,066 | € 940,012 | € 378,161 | ▼ 60% |
| Profit after taxes | € 1,128,325 | € -496,683 | € 385,772 | € -98,601 | ▼ € 484,373 |
| Equity | € 1,145,913 | € 649,230 | € 1,035,002 | € 936,401 | ▼ 10% |
| Total debts | € 3,333,553 | € 5,744,441 | € 5,199,026 | € 4,958,975 | ▼ 5% |
| Cash | € 900,957 | € 17,581 | € 48,395 | € 25,231 | ▼ 48% |
| Land & buildings | € 2,806,719 | € 5,248,490 | € 5,068,706 | € 4,758,774 | ▼ 6% |
| Retained profit | € 1,129,213 | € 632,530 | € 1,018,302 | € 919,701 | ▼ 10% |
| Bank debt | € 1,976,399 | € 4,468,090 | € 3,783,159 | € 3,430,692 | ▼ 9% |
| Balance sheet total | € 4,857,564 | € 6,742,495 | € 6,559,564 | € 6,175,392 | ▼ 6% |
| Employees (FTE) | - | 0.1 | 0.8 | 0.4 | ▼ 0.4 |
Key figures of HAPPY HOUSE CONSTRUCT, 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 HOUSE CONSTRUCT?
What happened at HAPPY HOUSE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,601 (▼ € 484,373 vs 2024). filed late Source: NBB ↗
- Barbara KRICKEL became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 98,601 loss in 2025.
Paid € 15,268 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Management
Behind HAPPY HOUSE CONSTRUCT is Barbara KRICKEL. It owns 100% of LA GERONSTERE and 100% of BT GERONSTERE itself.
Directors
According to the 2025 annual accounts
Barbara KRICKEL
Director
Also active at: VAL DE THEUX, VERTIGE ENTRE CIEL ET TERRE, BRASSERIE LA BOBELINE, AQUA CONSTRUCT +, LE PALMARES, KRIVOS, GYYMTONIC
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Rogier 14
4900 Spa
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →VAL DE THEUX same network
€ 580,371 gross margin · 2025
LA BELLE EPOQUE SPA
€ -6,732 gross margin · 2025
VERTIGE ENTRE CIEL ET TERRE same network
€ 74,179 gross margin · 2025
Le Franc'off
€ 735,177 gross margin · 2024
BRASSERIE LA BOBELINE same network
€ 536,431 gross margin · 2025
+9 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
- 0878.952.434
- VAT number
- BE 0878.952.434
- Registered office
- Rue Rogier 14, 4900 Spa
- Names & denominations
- HAPPY HOUSE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2006
- Peppol
- Active · Active since 20 Nov 2020
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