SIREN : 419715180
HAPPY is a French company founded 27 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in BIDART (64210), this company of category PME shows in 2023 a revenue of 125 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|
| Revenue | 125 075 € | 118 593 € | 147 851 € | 165 730 € | 455 971 € | 1 515 448 € | 1 427 236 € |
| Net income | 43 076 € | 187 693 € | 760 € | 83 894 € | 44 120 € | 161 652 € | 205 241 € |
| EBITDA | -4 756 € | 30 120 € | -17 160 € | 63 158 € | 6 045 € | 276 888 € | 335 141 € |
| Net margin | 34.4% | 158.3% | 0.5% | 50.6% | 9.7% | 10.7% | 14.4% |
In 2023, HAPPY achieves revenue of 125 k€. Revenue is declining over the period 2014-2023 (CAGR: -23.7%). Vs 2022: +5%. After deducting consumption (0 €), gross margin stands at 125 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -5 k€, representing -3.8% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -116%, reducing margin by 29.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 43 k€, i.e. 34.4% of revenue. This profit can be retained or distributed to shareholders.
125 075 €
125 075 €
-4 756 €
-7 531 €
43 076 €
-3.8%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 78%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 37.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
10.777%
78.405%
37.224%
6.76
67.5%
In 2023, the debt ratio of HAPPY (10.78) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of HAPPY (78.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of HAPPY (6.76) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 550.10. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
550.1
-457.948
In 2023, the liquidity ratio of HAPPY (550.10) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of HAPPY (-457.9x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 256 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. The gap of 199 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 91 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 5863 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2014-2023, WCR increased by +67%, requiring additional financing.
2 036 970 €
256 j
57 j
91 j
5863 j
Indicative estimate only : the number of comparable transactions in this sector is limited (21 transactions). This range of 138 676€ to 327 686€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 21 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare HAPPY with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des marchands de biens immobiliers
The revenue of HAPPY in 2023 is 125 k€.
Yes, HAPPY generated a net profit of 43 k€ in 2023.
The headquarters of HAPPY is located in BIDART (64210), in the department Pyrenees-Atlantiques.
The tax return of HAPPY is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
HAPPY operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.