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LOVAHDNET

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2010active for 16 yearsTervuursesteenweg 294, 3001 LeuvenKBO/BCE: BE 0828.412.563

Lifetime

15 annual accounts with figures on one time axis
peak €2.2m (2011)
-€59,689▼ €9,644
lowest -€532,034 (2025)
-€532,034▼ €454,050
peak €1.4m (2023)
€778,672▼ 40.6%
€772,743▼ 9.9%
peak 23.7 FTE (2013)
-not published
Board6 names since 2010
2 directors and 1 other
Owners
  
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Gross margin from -€50,044 to -€59,689Loss of €532,034Equity from €1.3m to €778,672

Key points

from the 2025 annual accounts

Equity

€778,672 from €1.4m in 2023

Equity fell by 44% in 2 years.

Result

-€532,034 ▼ 582%
-€78,0002024-€532,0002025

The result fell in 2025 from -€77,984 to -€532,034.

Position in the sector

-€532,034

Lower net result than 95% of companies in legal and accounting. Sector median €36,720 · 16,409 companies.

2025 accounts filed 13 days after the deadlineTurnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 374 companies had the same profile as LOVAHDNET has now. Each dot is one company, two years later.

91.4%
were still trading
7.2%
stopped another way
0.8%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 374 companies, not a prediction for LOVAHDNET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 09-08-2010
Director, since 10-10-2025
  • 25%score equity €415,715 (2025) · 2023 annual accounts of
Board & ownership

Recent changes

Registered office moved from Leuven to Heverlee New registered office: Tervuursesteenweg 294, 3001 Heverlee · Previous registered office: Engels Plein 35 b 107, 3000 Leuven · Resignation: (director) · General meeting of 10-10-2025 · Gazette deed
Resignations: (director) and (director) General meeting of 02-01-2019 · Gazette deed
2 directors appointed, 1 resignation Resignation: · Permanent representative: · Appointments: and · General meeting of 29-04-2016 · Gazette deed
Incorporation published on 20-08-2010 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
LOVAHDNET Leuven €1.6m -€59,689 50.2% -
Dura Lex sed Lex Schoten €1.6m -€1,688 28.7% -
SRL CONOTTE Pont-à-Celles €1.3m -€21,575 92.9% -
Koen De Knibber Sint-Martens-Latem €1.5m -€33,034 99.8% -
HOSTARII Uccle €1.9m -€438,147 -115.2% -
MARLENE ALEXANDRE Braine-l'Alleud €1.5m -€13,941 99.7% -
SOMAGES Marche-en-Famenne €0.6m -€3,815 91.4% -

These companies have the same main activity as LOVAHDNET: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €622,000 and €1.9m, founded between 2001 and 2013.

Official details

Source: KBO
Status
Active since 11-08-2010Normal situation
Activity
Activities of bailiffsNACE 69103
Establishment unit
2.195.870.1623001 Leuven, since 11-08-2010
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€1.6m▼ 28.5%
Filing
Filed on 13-08-2026
Financials

Insights on LOVAHDNET

LOVAHDNET files the micro format. That format states no turnover. The gross margin fell from €2.2m in 2011 to -€59,689 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LOVAHDNET

What is the company number of LOVAHDNET?
The company number of LOVAHDNET is 0828.412.563. The VAT number is the same number with BE in front: BE 0828.412.563.
Where is LOVAHDNET based?
The registered office is at Tervuursesteenweg 294, 3001 Leuven.Company details
What does LOVAHDNET do?
According to the KBO register, the main activity is activities of bailiffs (NACE 69103).
What is the legal form of LOVAHDNET?
Legal form of LOVAHDNET: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was LOVAHDNET founded?
LOVAHDNET was founded on 11-08-2010.
Is LOVAHDNET still active?
Yes, LOVAHDNET is an active enterprise in the KBO register.
How many employees does LOVAHDNET have?
LOVAHDNET had an average of 0.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of LOVAHDNET?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is LOVAHDNET profitable?
In financial year 2025, LOVAHDNET made a loss of €532,034.
Where can I find the annual accounts of LOVAHDNET?
LOVAHDNET filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOVAHDNET due?
LOVAHDNET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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