LOUVAN
A bankruptcy procedure is open for LOUVAN according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-389k) and a net result of €-85k.
| Equity | €-389k |
| Net result | €-85k |
| Staff (FTE) | 2.6 |
| Better than sector | 5% |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -123.7% | 17.0% | |
| Net result | €-85k | €2k | |
| Equity | €-389k | €11k | |
| Gross operating margin | €74k | €17k | |
| Staff costs | €127k | €31k |
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €-60k |
| Net profit | €-85k |
| Cash flow | €-62k |
| Staff costs | €127k |
| Income taxes | €254 |
| Dividends | — |
| Total assets | €314k |
| Equity | €-389k |
| Debt | €703k |
| of which ≤ 1y | €112k |
| of which > 1y | €578k |
| Working capital | €142k |
| Employees (FTE) | 2.6 |
| 2023 | |
|---|---|
| Current ratio | 2.26 |
| Quick ratio | 0.36 |
| Working capital ratio | 45.1% |
| Solvency | -123.7% |
| Debt / equity | -1.81 |
| Long-term debt ratio | -1.49 |
| Interest coverage | -14.01 |
| Gross margin | — |
| Net margin | — |
| ROA | -27.1% |
| ROE | 21.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €314k |
| Fixed assets | 21/28 | €60k |
| Intangible fixed assets | 21 | €9k |
| Tangible fixed assets | 22/27 | €40k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €254k |
| Stocks & contracts in progress | 3 | €213k |
| Amounts receivable within one year | 40/41 | €7k |
| Cash & bank | 54/58 | €25k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €314k |
| Equity | 10/15 | €-389k |
| Contributions / capital | 10/11 | €60k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €-465k |
| Amounts payable | 17/49 | €703k |
| Amounts payable after one year | 17 | €578k |
| Amounts payable within one year | 42/48 | €112k |
| Trade debts payable within one year | 44 | €36k |
| Income statement | ||
| Gross operating margin | 9900 | €74k |
| Operating result | 9901 | €-82k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-85k |
| Income taxes | 67/77 | €254 |
| Net result for the period | 9904 | €-85k |
| Result to be appropriated | 9905 | €-85k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FILIP HOUVENAGHEL DEKEN DE BOLAAN 57,
8970 POPERINGE |
08-08-2025 → present | Belgian State Gazette |
| NACE primary | Retail trade(47711) |
| Legal form | Private limited company(610) |
| Incorporation | 24-04-2012 |
| Status | Active |
| Postal code | 8900 |
| First BS signal | 13-08-2025 |
| Latest BS signal | 27-08-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035B0522/00F000 | Flanders | 391 m² | 1 · 219 m² | 11.5 m · 2 fl. |
| 33011F0230/00E000 | Flanders | 317 m² | 1 · 317 m² | 16.1 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-04-2025 Mandate of Julie Decruynaere as director expired
- Julie Decruynaere — Bestuurder
Technical details
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"evidence_quote": "De bijzondere algemene vergadering besluit met unanimiteit tot het ontslag van mevrouw Julie Decruynaere als bestuurder van de vennootschap.",
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"via_org": {
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"name": "AXXI BV",
"address": "8520 Kuurne, Brugsesteenweg 513",
"country": "BE",
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"evidence_quote": "De bijzondere algemene vergadering besluit om aan Wouter Massez en elke andere medewerker van AXXI BV (met kantoor te 8520 Kuurne, Brugsesteenweg 513) de meest uitgebreide bevoegdheden toe te kennen om - elk en alleen handelend, in naam en voor rekening van de vennootschap - alle neerleggingen en pu",
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"evidence_quote": "De enige bestuurder besluit om aan Wouter Massez en elke andere medewerker van AXXI BV (met kantoor te 8520 Kuurne, Brugsesteenweg 513) de meest uitgebreide bevoegdheden toe te kennen om - elk en alleen handelend, in naam en voor rekening van de vennootschap - alle neerleggingen en publicaties te do",
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"notary": {
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"act_meta": {
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"filing_date": "2025-04-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2024-06-12",
"unanimous": true
},
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-06-12",
"unanimous": null
},
{
"body": "raad_van_bestuur",
"date": "2024-06-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0845.503.765",
"name_full": "LOUVAN",
"legal_form": "BV"
},
"publication_proxy": {
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"person_name": "Wouter Massez",
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"co_filed_documents": [],
"corrected_publication_numac": null
}24-04-2025 Registered office moved from Pittem to leper
- 8740 Pittem, Joos de ter Beerstlaan 79 → 8900 leper, Diksmuidestraat 9
Technical details
{
"events": [
{
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"seat_type": "siege_social",
"new_address": {
"raw": "8900 leper, Diksmuidestraat 9",
"city": "leper",
"region": "vlaams_gewest",
"street": "Diksmuidestraat",
"country": "BE",
"postcode": "8900",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"old_address": {
"raw": "8740 Pittem, Joos de ter Beerstlaan 79",
"city": "Pittem",
"region": "vlaams_gewest",
"street": "Joos de ter Beerstlaan",
"country": "BE",
"postcode": "8740",
"box_number": null,
"street_number": "79",
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},
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],
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"act_meta": {
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"filing_date": "2025-04-15",
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},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-06-12",
"unanimous": true
},
"subject_company": {
"kbo": "0845.503.765",
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"_kbo_filled_from_list": true
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"publication_proxy": {
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"person_name": "Wouter Massez",
"org_rep_person_name": null,
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},
"co_filed_documents": [
"Annexes du Moniteur belge"
]
}22-09-2023 Registered office moved from Wevelgem to Pittem
- Spoorwegstraat 18 : 8560 Wevelgem → 8740 Pittem, Joos de ter Beerstlaan 79
Technical details
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"events": [
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"country": "BE",
"postcode": "8740",
"box_number": null,
"street_number": "79",
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},
"old_address": {
"raw": "Spoorwegstraat 18 : 8560 Wevelgem",
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"region": "vlaams_gewest",
"street": "Spoorwegstraat",
"country": "BE",
"postcode": "8560",
"box_number": null,
"street_number": "18",
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},
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],
"notary": {
"name": "ANN STROBBE",
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"office_city": "Wevelgem",
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},
"act_meta": {
"language": "nl",
"pub_date": "2023-09-22",
"filing_date": "2023-09-20",
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},
"decision": {
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},
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"publication_proxy": {
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},
"co_filed_documents": [
"expeditie van de akte de dato 18 september 2023",
"geco\u00F6rdineerde statuten"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | LOUVAN |