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LOVANEX

Active
Public limited companyfounded 198937 yrs activeLiebeekstraat 16, 8800 Roeselare, BelgiumKBO/BCE: BE 0436.989.057
Summary

The computed 12-month bankruptcy probability of LOVANEX is 2.5% (moderate). The 2025 annual accounts show equity of €2.9m and a net result of €527,523. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 2097 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+2
Solvency70▲+9
Growth59▼-4
Track record92
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 3.01 against 2.24 in 2024; short-term debt: 19.1% and cash: 5.7% of total assets), but 54.7% of the assets are financed with debt.
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.3%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
29 d late
2023
6 d early
2022
38 d early
2021
3 d early
2020
19 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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. Usually files around 26 July (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline

History

LOVANEX was incorporated on 17 March 1989.1 Revenue went from EUR 19 million in 2022 to EUR 17 million in 2025 and headcount from 38.2 full-time equivalents in 2018 to 39.9 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€17.2m▼ 10.2%
2024 · €19.1m
EBIT margin
5.0%▲ 0.3pp
2024 · 4.6%
Net result
€527,523▲ 6.2%
2024 · €496,682
Working capital
€2.4m▲ 4.4%
2024 · €2.3m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€19.0m€21.6m▲ 13.6%€19.1m▼ 11.3%€17.2m▼ 10.2%
Operating result€669,768▲ 98.7%€572,773▼ 14.5%€972,316▲ 69.8%€889,325▼ 8.5%€851,600▼ 4.2%
Net result€347,642above the sector's middle half▲ 39.5%€381,896above the sector's middle half▲ 9.9%€658,145above the sector's middle half▲ 72.3%€496,682above the sector's middle half▼ 24.5%€527,523above the sector's middle half▲ 6.2%
EBIT margin3.0%4.5%▲ 1.5pp4.6%▲ 0.1pp5.0%▲ 0.3pp
Equity€1.1mabove the sector's middle half▲ 44.0%€1.4mabove the sector's middle half▲ 23.2%€2.1mabove the sector's middle half▲ 46.9%€2.5mabove the sector's middle half▲ 19.8%€2.9mabove the sector's middle half▲ 15.8%
Total assets€6.1mabove the sector's middle half▲ 4.8%€6.6mabove the sector's middle half▲ 7.1%€6.6mabove the sector's middle half▲ 1.0%€6.8mabove the sector's middle half▲ 3.0%€6.3mabove the sector's middle half▼ 7.7%
Debt€5.0m▼ 1.4%€5.2m▲ 3.4%€4.6m▼ 11.5%€4.4m▼ 4.5%€3.5m▼ 20.9%
Working capital€431,778within the sector's middle half▼ 17.7%€361,146within the sector's middle half▼ 16.4%€903,673above the sector's middle half▲ 150%€2.3mabove the sector's middle half▲ 158%€2.4mabove the sector's middle half▲ 4.4%
Solvency18.6%below the sector's middle half▲ 5.1pp21.4%within the sector's middle half▲ 2.8pp31.1%within the sector's middle half▲ 9.7pp36.1%within the sector's middle half▲ 5.0pp45.3%within the sector's middle half▲ 9.2pp
Current ratio1.15below the sector's middle half▼ 0.061.10below the sector's middle half▼ 0.051.29within the sector's middle half▲ 0.192.24within the sector's middle half▲ 0.953.01above the sector's middle half▲ 0.77
Return on assets (ROA)5.7%within the sector's middle half▲ 1.4pp5.8%within the sector's middle half▲ 0.1pp9.9%within the sector's middle half▲ 4.1pp7.3%within the sector's middle half▼ 2.7pp8.4%within the sector's middle half▲ 1.1pp
Staff (FTE)39.1above the sector's middle half▲ 0.3%41.4above the sector's middle half▲ 5.9%41.3above the sector's middle half▼ 0.2%41.8above the sector's middle half▲ 1.2%39.9above the sector's middle half▼ 4.5%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€250,000€500,000€750,000€1.0mOperating result 2021: €669,768€669,768Net result 2021: €347,642€347,642Operating result 2022: €572,773€572,773Net result 2022: €381,896€381,896Operating result 2023: €972,316€972,316Net result 2023: €658,145€658,145Operating result 2024: €889,325€889,325Net result 2024: €496,682€496,682Operating result 2025: €851,600€851,600Net result 2025: €527,523€527,52320212022202320242025€0€250,000€500,000€750,000€1mOperating result 2023: €972,316€972,000Net result 2023: €658,145Operating result 2024: €889,325€889,000Net result 2024: €496,682€497,000Operating result 2025: €851,600€852,000Net result 2025: €527,523€528,000202320242025
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.3m
Fixed assets €2.7m ▲ 1.4%
Current assets €3.6m ▼ 13.4%
Equity and liabilities €6.3m
Equity €2.9m ▲ 15.8%
Debt €3.5m ▼ 20.9%
Debt's share of the balance-sheet total falls from 63.9% to 54.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.2m▲
2024 · €1.2m
Cash flow
€902,529▲
2024 · €824,744
Quick ratio
2.13▲
2024 · 1.69
Debt to equity
1.21▼
2024 · 1.77
ROE
18.4%▼
2024 · 20.1%
Interest coverage
10.33▲
2024 · 5.94
Debt ≤ 1 year
€1.2m▼
2024 · €1.9m
Debt > 1 year
€1.6m▼
2024 · €1.9m
Income taxes
€192,336▲
2024 · €184,535
Staff costs
€2.8m▲
2024 · €2.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.8m€6.3m▼
Fixed assets21/28€2.6m€2.7m▲
Intangible fixed assets21€14,583€9,583▼
Tangible fixed assets22/27€1.3m€1.3m▲
Land and buildings22€713,476€700,345▼
Furniture and vehicles24€576,721€551,952▼
Other tangible fixed assets26-€68,038
Financial fixed assets28€1.3m€1.3m▲
Affiliated companies280/1€1.3m€1.3m=
Participating interests280€1.3m€1.3m=
Other financial fixed assets284/8€11,250€24,016▲
Amounts receivable and cash guarantees285/8€11,250€24,016▲
Current assets29/58€4.2m€3.6m▼
Amounts receivable after more than one year29-€918,446
Other amounts receivable291-€918,446
Stocks and contracts in progress3€1.0m€1.1m▲
Stocks30/36€1.0m€1.1m▲
Goods purchased for resale34€1.0m€1.1m▲
Amounts receivable within one year40/41€2.1m€928,777▼
Trade receivables40€1.5m€708,967▼
Other amounts receivable41€594,242€219,810▼
Current investments50/53€0-
Other investments51/53€0-
Cash at bank and in hand54/58€734,072€359,428▼
Deferred charges and accrued income490/1€381,929€369,188▼
Equity and liabilities
Total equity and liabilities10/49€6.8m€6.3m▼
Equity10/15€2.5m€2.9m▲
Contributions10/11€174,157€174,157=
Capital10€174,157€174,157=
Issued capital100€174,157€174,157=
Reserves13€2.3m€2.7m▲
Non-distributable reserves130/1€17,416€17,416=
Legal reserve130€17,416€17,416=
Tax-exempt reserves132-€421,000
Distributable reserves133€2.3m€2.2m▼
Amounts payable17/49€4.4m€3.5m▼
Amounts payable after more than one year17€1.9m€1.6m▼
Financial debts170/4€1.9m€1.6m▼
Credit institutions173€121,999€0▼
Other loans174€1.8m€1.6m▼
Amounts payable within one year42/48€1.9m€1.2m▼
Current portion of amounts payable after more than one year42€143,519€121,999▼
Financial debts43€0-
Credit institutions430/8€0-
Other loans439€0-
Trade debts44€655,706€202,799▼
Suppliers440/4€655,706€202,799▼
Taxes, remuneration and social security45€342,933€345,652▲
Taxes450/3€97,603€98,784▲
Remuneration and social security454/9€245,330€246,868▲
Other amounts payable47/48€729,409€536,657▼
Accrued charges and deferred income492/3€569,286€639,612▲
Income statement Code20242025
Operating income70/76A€19.2m€17.3m▼
Turnover70€19.1m€17.2m▼
Other operating income74€99,048€113,306▲
Non-recurring operating income76A-€43,637
Operating charges60/66A€18.3m€16.5m▼
Goods for resale, raw materials and consumables60€12.0m€10.2m▼
Purchases600/8€12.0m€10.2m▼
Change in stocks: decrease (increase)609-€57,681-€31,903▲
Services and other goods61€3.1m€2.9m▼
Remuneration, social security and pensions62€2.7m€2.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€328,062€375,006▲
Other operating charges640/8€73,463€69,919▼
Non-recurring operating charges66A€161,912€121,607▼
Operating profit (loss)9901€889,325€851,600▼
Financial income75/76B€201,591€165,651▼
Recurring financial income75€201,591€165,651▼
Income from current assets751€16,943€5,848▼
Other financial income752/9€184,648€159,803▼
Financial charges65/66B€409,699€297,392▼
Recurring financial charges65€409,699€297,392▼
Debt charges650€205,040€118,758▼
Other financial charges652/9€204,658€178,634▼
Profit (loss) for the period before taxes9903€681,217€719,859▲
Income taxes67/77€184,535€192,336▲
Taxes670/3€184,535€192,336▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€496,682€527,523▲
Transfer to tax-exempt reserves689-€421,000
Profit (loss) for the period to be appropriated9905€496,682€106,523▼
Appropriation of the result
Profit (loss) to be appropriated9906€496,682€106,523▼
Transfer from equity791/2€88,897€136,595▲
From reserves792€88,897€136,595▲
Transfer to equity691/2€496,682€106,523▼
To other reserves6921€496,682€106,523▼
Profit to be distributed694/7€88,897€136,595▲
Return on contributions (dividend)694€88,897€136,595▲
Social balance
Average headcount (FTE)908741.839.9▼

The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€19.1m€21.7m€19.2m€17.3m▼ 9.9%
Turnover70-€19.0m€21.6m€19.1m€17.2m▼ 10.2%
Other operating income74-€97,212€163,180€99,048€113,306▲ 14.4%
Non-recurring operating income76A-€1,095€0-€43,637-
Operating charges60/66A-€18.5m€20.8m€18.3m€16.5m▼ 10.1%
Goods for resale, raw materials and consumables60-€12.7m€14.7m€12.0m€10.2m▼ 15.1%
Purchases600/8-€12.7m€14.7m€12.0m€10.2m▼ 15.3%
Change in stocks: decrease (increase)609--€33,549-€12,136-€57,681-€31,903▲ 44.7%
Services and other goods61-€2.8m€2.7m€3.1m€2.9m▼ 4.3%
Remuneration, social security and pensions62€2.2m€2.5m€2.7m€2.7m€2.8m▲ 3.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€352,675€328,306€301,877€328,062€375,006▲ 14.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€23,018€0---
Other operating charges640/8€66,443€41,495€129,463€73,463€69,919▼ 4.8%
Non-recurring operating charges66A-€126,244€142,793€161,912€121,607▼ 24.9%
Gross operating margin9900€3.3m-----
Operating profit (loss)9901€669,768€572,773€972,316€889,325€851,600▼ 4.2%
Financial income75/76B€235,483€195,832€196,409€201,591€165,651▼ 17.8%
Recurring financial income75€128,920€195,832€196,409€201,591€165,651▼ 17.8%
Income from current assets751--€2,623€16,943€5,848▼ 65.5%
Other financial income752/9-€195,832€193,786€184,648€159,803▼ 13.5%
Non-recurring financial income76B€106,563-----
Financial charges65/66B€390,534€233,322€270,299€409,699€297,392▼ 27.4%
Recurring financial charges65€151,239€233,322€270,299€409,699€297,392▼ 27.4%
Debt charges650-€53,818€72,134€205,040€118,758▼ 42.1%
Other financial charges652/9-€179,504€198,164€204,658€178,634▼ 12.7%
Non-recurring financial charges66B€239,295-----
Profit (loss) for the period before taxes9903€514,717€535,283€898,427€681,217€719,859▲ 5.7%
Income taxes67/77€167,076€153,387€240,281€184,535€192,336▲ 4.2%
Taxes670/3-€153,387€293,962€184,535€192,336▲ 4.2%
Tax adjustments and reversals of tax provisions77--€53,680€0--
Profit (loss) for the period9904€347,642€381,896€658,145€496,682€527,523▲ 6.2%
Transfer to tax-exempt reserves689----€421,000-
Profit (loss) for the period to be appropriated9905€347,642€381,896€658,145€496,682€106,523▼ 78.6%
Line20212022202320242025Change
Assets
Total assets20/58€6.1m€6.6m€6.6m€6.8m€6.3m▼ 7.7%
Fixed assets21/28€2.9m€2.7m€2.6m€2.6m€2.7m▲ 1.4%
Intangible fixed assets21€29,583€24,583€19,583€14,583€9,583▼ 34.3%
Tangible fixed assets22/27€1.5m€1.3m€1.3m€1.3m€1.3m▲ 2.3%
Land and buildings22€1.1m€924,555€882,291€713,476€700,345▼ 1.8%
Furniture and vehicles24€456,528€385,001€404,347€576,721€551,952▼ 4.3%
Other tangible fixed assets26----€68,038-
Financial fixed assets28€1.3m€1.3m€1.3m€1.3m€1.3m▲ 1.0%
Affiliated companies280/1-€1.3m€1.3m€1.3m€1.3m=
Participating interests280-€1.3m€1.3m€1.3m€1.3m=
Other financial fixed assets284/8-€11,250€11,250€11,250€24,016▲ 113%
Amounts receivable and cash guarantees285/8-€11,250€11,250€11,250€24,016▲ 113%
Current assets29/58€3.2m€3.9m€4.0m€4.2m€3.6m▼ 13.4%
Amounts receivable after more than one year29----€918,446-
Other amounts receivable291----€918,446-
Stocks and contracts in progress3€927,843€961,392€973,529€1.0m€1.1m▲ 3.1%
Stocks30/36€927,843€961,392€973,529€1.0m€1.1m▲ 3.1%
Goods purchased for resale34-€961,392€973,529€1.0m€1.1m▲ 3.1%
Amounts receivable within one year40/41€1.6m€1.9m€1.3m€2.1m€928,777▼ 54.8%
Trade receivables40€1.4m€1.7m€1.1m€1.5m€708,967▼ 51.4%
Other amounts receivable41€194,594€186,665€150,487€594,242€219,810▼ 63.0%
Current investments50/53€31,200€31,200€560,000€0--
Other investments51/53-€31,200€560,000€0--
Cash at bank and in hand54/58€399,296€508,703€800,481€734,072€359,428▼ 51.0%
Deferred charges and accrued income490/1€318,779€542,598€381,862€381,929€369,188▼ 3.3%
Equity and liabilities
Total equity and liabilities10/49€6.1m€6.6m€6.6m€6.8m€6.3m▼ 7.7%
Equity10/15€1.1m€1.4m€2.1m€2.5m€2.9m▲ 15.8%
Contributions10/11€174,157€174,157€174,157€174,157€174,157=
Capital10€174,157€174,157€174,157€174,157€174,157=
Issued capital100€174,157€174,157€174,157€174,157€174,157=
Reserves13€964,467€1.2m€1.9m€2.3m€2.7m▲ 17.0%
Non-distributable reserves130/1€17,416€17,416€17,416€17,416€17,416=
Legal reserve130€17,416€17,416€17,416€17,416€17,416=
Tax-exempt reserves132----€421,000-
Distributable reserves133€947,051€1.2m€1.9m€2.3m€2.2m▼ 1.3%
Amounts payable17/49€5.0m€5.2m€4.6m€4.4m€3.5m▼ 20.9%
Amounts payable after more than one year17€2.2m€1.6m€1.1m€1.9m€1.6m▼ 16.6%
Financial debts170/4€2.2m€1.6m€1.1m€1.9m€1.6m▼ 16.6%
Credit institutions173-€1.6m€1.1m€121,999€0▼ 100%
Other loans174---€1.8m€1.6m▼ 11.0%
Amounts payable within one year42/48€2.8m€3.5m€3.1m€1.9m€1.2m▼ 35.5%
Current portion of amounts payable after more than one year42€741,565€719,534€594,022€143,519€121,999▼ 15.0%
Financial debts43€250,500€265,000€184,302€0--
Credit institutions430/8€150,000€150,000€141,325€0--
Other loans439€100,500€115,000€42,977€0--
Trade debts44€762,178€1.2m€746,092€655,706€202,799▼ 69.1%
Suppliers440/4€762,178€1.2m€746,092€655,706€202,799▼ 69.1%
Taxes, remuneration and social security45€238,539€216,940€445,507€342,933€345,652▲ 0.8%
Taxes450/3€63,587€27,137€83,131€97,603€98,784▲ 1.2%
Remuneration and social security454/9€174,952€189,803€362,376€245,330€246,868▲ 0.6%
Other amounts payable47/48€819,570€1.2m€1.1m€729,409€536,657▼ 26.4%
Accrued charges and deferred income492/3€14,964€30,173€340,531€569,286€639,612▲ 12.4%
Line20212022202320242025Change
Profit (loss) for the period9904€347,642€381,896€658,145€496,682€527,523▲ 6.2%
+ Depreciation and write-downs630€352,675€328,306€301,877€328,062€375,006▲ 14.3%
Operating cash flow (approximation)€700,316€710,201€960,023€824,744€902,529▲ 9.4%
Investment in fixed assets (approximation)--€103,814-€273,959-€326,621-€412,907▼ 26.4%
Change in cash-€109,407€291,778-€66,409-€374,644▼ 464%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
18-11
KBO administration Address struck
Brugsesteenweg 429 L’adresse du siège Brugsesteenweg 429 8800 Die Sitzadresse Brugsesteenweg 429 8800 8800 Roeselare werd doorgehaald met ingang Roeselare · event 24-01-2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €658,145 ▲72.3%
Operating result €972,316, net result €658,145, both a record.
31-12
Financial Equity above €2mEq €2.1m ▲46.9%
6 profitable years in a row build equity to €2.1m.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €1mEq €1.1m ▲44%
4 profitable years in a row build equity to €1.1m.
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
24-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial Equity above €500,000Eq €541,692 ▲33.7%
2 profitable years in a row build equity to €541,692.
Show earlier events
20-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Roeselare · 5 establishment units since 1989
seat establishment All 5 establishment units on the map
Ground area
1.8 ha
Building footprint
4,458 m²
Volume, LiDAR
28,295 m³
5 parcels, Flanders · tallest building 21.0 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
5 establishment units
GRANDO KEUKENS
Brugsesteenweg 429, 8800 RoeselareNACE 4534002
since 19892.042.703.697
GRANDO KEUKENS
Sint-Pieterskaai 74, 8000 BruggeNACE 52441
since 19982.042.703.501
GRANDO KEUKENS
Liebeekstraat 16, 8800 RoeselareSpecialised construction activities
since 20162.263.438.679
GRANDO KEUKENS
Kortrijksesteenweg 139, 9830 Sint-Martens-LatemSpecialised construction activities
since 20182.289.081.917
GRANDO KEUKENS
Is. Meyskensstraat 224, 1780 WemmelJoinery installation
since 20262.390.634.581
5 parcels
Flanders 5 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44064B0715/00K004 Flanders 5,939 m² - -
22662B0407/00C011 Flanders 5,299 m² 1 · 1,471 m² 18.9 m · 5 fl.
36505A0835/00A000 Flanders 4,012 m² 1 · 1,337 m² 1.4 m
36015A0911/00C003 Flanders 2,206 m² 1 · 1,531 m² 21.0 m · 2 fl.
31807I0344/00E002 Flanders 547 m² 1 · 118 m² 10.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. VDW Consult 100%
  2. LOVANEX

Highest known parent: VDW Consult. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of LOVANEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2025 · 1 entry · 5,200 EUR awarded · 5,200 EUR paid
Year Entries awardedpaid
2025 1 5,200 EUR5,200 EUR
Schemes
1 entry · 5,200 EUR · 5,200 EUR paid · Vlaams Energie- en Klimaatagentschap

Similar companies · same sector, comparable size

Of 20,017 companies in this sector we hold annual accounts for 9,142. 2,159 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded17-03-1989
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
47551Retail sale of household furniture
46431Wholesale of electrical household appliances and audio-video equipment
46471Wholesale trade
47540Retail sale of electrical household appliances
E-invoicing
Reachable via Peppol
Peppol ID 0208:0436989057
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.