LOREVA
InactiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 02-06-2026 PDF all 22 filings
Turnover
≈ €87,000
Estimated: probably between €36,000 and €220,000
EBIT margin
Not included in this filing
Net result
€80,154▲ 48.9%
2024 · €53,834
Working capital
-€98,383▲ 39.6%
2024 · -€163,016
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€12,732
▲ 4.7%
2025
20182025
Net result
€80,154
▲ 48.9%
2025
20182025
Equity
€923,952
▲ 9.5%
2025
20182025
Total assets
€1.4m
▲ 12.6%
2025
20182025
Debt
€467,885
▲ 19.3%
2025
20182025
Working capital
-€98,383
▲ 39.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.09m-€0.08m▼ 11.3%€0.07m▼ 18.0%€0.05m▼ 25.9%€0.01m▼ 78.8%€0.009m▼ 16.4%€0.01m▲ 40.0%€0.01m▲ 4.7%
Net result€0.08m-€0.07m▼ 11.3%€0.06m▼ 14.8%€0.04m▼ 36.6%€0.02m▼ 57.6%€0.03m▲ 59.7%€0.05m▲ 113%€0.08m▲ 48.9%
Equity€0.6m-€0.7m▲ 11.9%€0.7m▲ 9.0%€0.7m▲ 5.3%€0.8m▲ 2.1%€0.8m▲ 3.3%€0.8m▲ 6.8%€0.9m▲ 9.5%
Total assets€1.1m-€1.1m▼ 0.4%€1.2m▲ 1.2%€1.2m▲ 1.1%€1.2m▲ 4.1%€1.2m▲ 0.8%€1.2m▲ 1.2%€1.4m▲ 12.6%
Debt€0.6m-€0.5m▼ 13.2%€0.4m▼ 9.4%€0.4m▼ 5.7%€0.4m▲ 7.7%€0.4m▼ 3.6%€0.4m▼ 9.0%€0.5m▲ 19.3%
Working capital-€0.1m--€0.09m▲ 26.3%-€0.07m▲ 23.8%-€0.09m▼ 21.1%-€0.08m▲ 0.9%-€0.1m▼ 18.0%-€0.2m▼ 63.3%-€0.1m▲ 39.6%
The operating result for 2025 is 5% higher than in 2024. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.1m =
Current assets
€263,316 ▲ 145%
Equity and liabilities €1.4m
Equity
€923,952 ▲ 9.5%
Debt
€467,885 ▲ 19.3%
Debt's share of the balance-sheet total rises from 31.7% to 33.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.73▲
2024 · 0.40
Debt to equity
0.51▲
2024 · 0.46
ROE
8.7%▲
2024 · 6.4%
ROA
5.8%▲
2024 · 4.4%
Debt ≤ 1 year
€361,699▲
2024 · €270,589
Debt > 1 year
€106,186▼
2024 · €121,707
Income taxes
€1,723▲
2024 · €1,429
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €379 | €379 | €379 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €387 | €76 | €85 | €85 | €88 | ▲ 3.1% |
| Gross operating margin9900 | €91,568 | €81,222 | €66,860 | €49,303 | €10,464 | €8,772 | €12,243 | €12,820 | ▲ 4.7% |
| Operating profit (loss)9901 | €90,838 | €80,557 | €66,045 | €48,916 | €10,388 | €8,687 | €12,158 | €12,732 | ▲ 4.7% |
| Financial income75/76B | - | - | - | €12,000 | €15,000 | €25,000 | €51,256 | €76,282 | ▲ 48.8% |
| Recurring financial income75 | €15,000 | €15,132 | €15,000 | €12,000 | €15,000 | €25,000 | €51,256 | €76,282 | ▲ 48.8% |
| Financial charges65/66B | - | - | - | €14,793 | €9,278 | €8,286 | €8,150 | €7,138 | ▼ 12.4% |
| Recurring financial charges65 | €13,182 | €12,004 | €10,542 | €14,793 | €9,278 | €8,286 | €8,150 | €7,138 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | €92,657 | €83,684 | €70,504 | €46,123 | €16,110 | €25,401 | €55,263 | €81,877 | ▲ 48.2% |
| Income taxes67/77 | €14,685 | €14,490 | €11,560 | €8,770 | €272 | €107 | €1,429 | €1,723 | ▲ 20.6% |
| Profit (loss) for the period9904 | €77,972 | €69,194 | €58,944 | €37,353 | €15,838 | €25,294 | €53,834 | €80,154 | ▲ 48.9% |
| Profit (loss) for the period to be appropriated9905 | €77,972 | €69,194 | €58,944 | €37,353 | €15,838 | €25,294 | €53,834 | €80,154 | ▲ 48.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.4m | ▲ 12.6% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Tangible fixed assets22/27 | €0.001m | €379 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Current assets29/58 | €0.01m | €0.01m | €0.02m | €0.04m | €0.08m | €0.09m | €0.1m | €0.3m | ▲ 145% |
| Amounts receivable within one year40/41 | €0.009m | €0.009m | €0.02m | €0.03m | €0.08m | €0.09m | €0.1m | €0.3m | ▲ 147% |
| Trade receivables40 | - | - | - | €0.02m | €0.07m | €0.09m | €0.1m | €0.1m | ▲ 14.1% |
| Other amounts receivable41 | - | - | - | €0.006m | €0.007m | €228 | - | €0.1m | - |
| Cash at bank and in hand54/58 | €0.004m | €0.001m | €0.001m | €0.006m | €0.002m | €0.002m | €0.001m | €294 | ▼ 70.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.4m | ▲ 12.6% |
| Equity10/15 | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | €0.9m | ▲ 9.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.9m | ▲ 138× |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | - | - | - | - | €0.9m | - |
| Profit (loss) carried forward14 | €0.5m | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | - | - |
| Amounts payable17/49 | €0.6m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 19.3% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | ▼ 12.8% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | ▼ 12.8% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.09m | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 33.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 1.4% |
| Trade debts44 | €0.004m | €0.002m | €0.004m | €0.01m | €0.07m | €0.1m | €0.1m | €0.1m | ▲ 11.1% |
| Suppliers440/4 | - | - | - | €0.01m | €0.07m | €0.1m | €0.1m | €0.1m | ▲ 11.1% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €107 | €0.002m | €223 | ▼ 85.5% |
| Taxes450/3 | - | - | - | - | - | €107 | €0.002m | €223 | ▼ 85.5% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.08m | €0.06m | €0.1m | €0.2m | ▲ 62.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77,972 | €69,194 | €58,944 | €37,353 | €15,838 | €25,294 | €53,834 | €80,154 | ▲ 48.9% |
| + Depreciation and write-downs630 | €379 | €379 | €379 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €78,351 | €69,574 | €59,323 | €37,353 | €15,838 | €25,294 | €53,834 | €80,154 | ▲ 48.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,859 | €389 | €5,265 | -€4,830 | €76 | -€629 | -€697 | ▼ 10.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-06-2026 | 2026-00131849 | |
| 31-12-2024 | full format | 30-06-2025 | 2025-00208682 | |
| 31-12-2023 | full format | 02-07-2024 | 2024-00198018 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00252908 | |
| 31-12-2021 | full format | 01-08-2022 | 2022-20263643 | |
| 31-12-2020 | full format | 23-07-2021 | 2021-39600438 | |
| 31-12-2019 | full format | 24-08-2020 | 2020-44000545 | |
| 31-12-2018 | full format | 21-08-2019 | 2019-47900571 | |
| 31-12-2017 | full format | 30-08-2018 | 2018-53100077 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-49000013 |