SIREN : 833459183
HAPPY is a French company founded 8 years ago, specialized in the sector Débits de boissons. Based in DEVOLUY (05250), this company of category PME shows in 2024 a revenue of 595 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 594 665 € | 794 024 € | 193 493 € | 138 499 € | 113 875 € | 155 681 € | 143 995 € |
| Net income | 92 841 € | -57 727 € | 6 262 € | 25 811 € | 249 € | 5 618 € | -27 966 € |
| EBITDA | -55 178 € | -19 792 € | 14 383 € | 43 255 € | 18 040 € | 20 180 € | -7 648 € |
| Net margin | 15.6% | -7.3% | 3.2% | 18.6% | 0.2% | 3.6% | -19.4% |
In 2024, HAPPY achieves revenue of 595 k€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +26.7%. Significant drop of -25% vs 2023. After deducting consumption (259 k€), gross margin stands at 336 k€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -55 k€, representing -9.3% of revenue. Warning negative scissor effect: despite revenue change (-25%), EBITDA varies by -179%, reducing margin by 6.8 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 93 k€, i.e. 15.6% of revenue. This profit can be retained or distributed to shareholders.
594 665 €
335 678 €
-55 178 €
-66 082 €
92 841 €
-9.3%
The debt ratio (= Financial debt / Equity x 100) stands at 573%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
573.373%
42.862%
18.912%
2.328
71.7%
In 2024, the debt ratio of HAPPY (573.37) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of HAPPY (42.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of HAPPY (2.33) 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 89.58. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
89.578
-20.258
In 2024, the liquidity ratio of HAPPY (89.58) 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 2024, the interest coverage of HAPPY (-20.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-47 days): operations structurally generate cash. Notable WCR improvement over the period (-202%), freeing up cash.
-76 819 €
3 j
25 j
3 j
-47 j
Based on 156 transactions of similar company sales in 2024, the value of HAPPY is estimated at 613 747 € (range 406 059€ - 980 059€). The price/revenue ratio is 0.84x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
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This estimate is based on the analysis of 156 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:
The revenue of HAPPY in 2024 is 595 k€.
Yes, HAPPY generated a net profit of 93 k€ in 2024.
The headquarters of HAPPY is located in DEVOLUY (05250), in the department Hautes-Alpes.
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 Débits de boissons (NAF code 56.30Z). See the 'Sector positioning' section above to compare the company with its competitors.