LOVACO
ActiveLOVACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €816k and a net result of €114k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 30% of 7954 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
26 d late
2023
37 d late
2022
3 d early
2021
31 d late
2020
19 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€816k▲ 16.2%
2024 · €702k
2018: €235k
2019: €232k
2020: €367k
2021: €606k
2022: €623k
2023: €653k
2024: €702k
2018 → 2025
Net result
€114k▲ 130%
2024 · €49k
2018: €136k
2019: €-3k
2020: €135k
2021: €239k
2022: €17k
2023: €29k
2024: €49k
2018 → 2025
Total assets
€3.01M▲ 5.5%
2024 · €2.85M
2018: €1.82M
2019: €2.06M
2020: €2.29M
2021: €2.68M
2022: €3.17M
2023: €3.05M
2024: €2.85M
2018 → 2025
Solvency
27.1%▲ 2.5pp
2024 · 24.6%
2018: 12.9%
2019: 11.3%
2020: 16.0%
2021: 22.7%
2022: 19.7%
2023: 21.4%
2024: 24.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€606k-€623k▲ 2.8%€653k▲ 4.7%€702k▲ 7.6%€816k▲ 16.2%
Operating result€404k-€87k▼ 78.4%€107k▲ 22.6%€136k▲ 27.4%€233k▲ 71.2%
Net result€239k-€17k▼ 92.8%€29k▲ 69.3%€49k▲ 70.2%€114k▲ 130%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€2.72M▼ 2.3%
Current assets
€284k▲ 352%
Equity and liabilities €3.01M
Equity
€816k▲ 16.2%
Debt
€2.19M▲ 2.0%
The debt ratio falls from 75.4% to 72.9%: equity grows faster than debt.
Key figures and ratios
Solvency
27.1%▲
2024 · 24.6%
ROE
14.0%▲
2024 · 7.0%
ROA
3.8%▲
2024 · 1.7%
Debt
€2.19M▲
2024 · €2.15M
Debt ≤ 1 year
€632k▲
2024 · €571k
Debt > 1 year
€1.52M▼
2024 · €1.54M
Income taxes
€58k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.85M€3.01M▲
Fixed assets21/28€2.79M€2.72M▼
Tangible fixed assets22/27€2.79M€2.72M▼
Land and buildings22€2.68M€2.56M▼
Plant, machinery and equipment23€92k€141k▲
Furniture and vehicles24€14k€28k▲
Current assets29/58€63k€284k▲
Amounts receivable within one year40/41€23k€210k▲
Trade receivables40€23k€210k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€38k€73k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.85M€3.01M▲
Equity10/15€702k€816k▲
Contributions10/11€250k€250k=
Reserves13€606k€720k▲
Distributable reserves133€606k€720k▲
Profit (loss) carried forward14€-154k€-154k=
Amounts payable17/49€2.15M€2.19M▲
Amounts payable after more than one year17€1.54M€1.52M▼
Financial debts170/4€1.54M€1.52M▼
Amounts payable within one year42/48€571k€632k▲
Current portion of amounts payable after more than one year42€104k€96k▼
Trade debts44€9k€44k▲
Suppliers440/4€9k€44k▲
Taxes, remuneration and social security45€38k€110k▲
Taxes450/3€38k€110k▲
Other amounts payable47/48€421k€381k▼
Accrued charges and deferred income492/3€44k€46k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€156k▲
Other operating charges640/8€10k€10k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€295k€403k▲
Operating profit (loss)9901€136k€233k▲
Financial income75/76B€1k€1k=
Recurring financial income75€1k€1k=
Financial charges65/66B€62k€63k▲
Recurring financial charges65€62k€63k▲
Profit (loss) for the period before taxes9903€76k€172k▲
Income taxes67/77€26k€58k▲
Profit (loss) for the period9904€49k€114k▲
Profit (loss) for the period to be appropriated9905€49k€114k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-104k€-40k▲
Profit (loss) brought forward from the previous period14P€-154k€-154k=
Transfer to equity691/2€49k€114k▲
To other reserves6921€49k€114k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €239k ▲76.8%
Operating result €404k, net result €239k, both a record.
31-12
Financial
Equity above €500kEq €606k ▲65.1%
2 profitable years in a row build equity to €606k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €135k
Net result €135k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼102%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2013
07-02
State Gazette act
Board meeting · Director appointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Reinaertdreef 99830 Sint-Martens-LatemGround area
3,507 m²
Building footprint
478 m²
Volume, LiDAR
2,345 m³
Parcel 44064B0008/00S002, Flanders · tallest building 26.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lovaco
since 20072.161.834.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0008/00S002 | Flanders | 3,507 m² | 1 · 478 m² | 26.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared director
→
Similar companies · same sector, comparable size
ALPHASEED
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FIRI
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EX-Lent
BE 0821.797.361
Geel · Eq €816k
MEMATH
BE 0543.687.671
Visé · Eq €816k
GEREMI INVEST
BE 0816.873.127
Hooglede · Eq €817k
Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,093 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2007
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
68110Buying and selling of own real estate
68329Real estate activities
70100Activities of head offices
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.