Lovatech has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €398,210 and a net result of €77,003. Equity is growing by about 7.2% per year across the filed financial years. Its solvency ranks better than 41% of 3,384 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
ITP GROUPManaging director · permanent representative VERHELST Bart Florent Frieda
Auditor: BV MOORE AUDIT2025 accounts 49 days early8 of 13 deeds summarised
Why 92lowers riskLiquidity: current ratio 2.08, cash €179,542Profit of €77,003 (financial year 2025)Founded in 2003Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
92/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 62, micro)
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency61-1
equity 36.3% of total assets
Liquidity49+17
short-term debt 43.6% · cash 16.4%
Profitability78-6
return on assets 7.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (25,895 companies, NACE 62, micro)
Last 24 months11-2024: 0.5%12-2024: 0.5%● unchanged vs 11-202401-2025: 0.5%● unchanged vs 12-202402-2025: 0.5%● unchanged vs 01-202503-2025: 0.5%● unchanged vs 02-202504-2025: 0.5%● unchanged vs 03-202505-2025: 0.6%▲ +0.1 percentage points vs 04-202506-2025: 0.5%▼ -0.1 percentage points vs 05-202507-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value08-2025: 0.4%▼ -0.2 percentage points vs 07-202509-2025: 0.4%● unchanged vs 08-202510-2025: 0.4%● unchanged vs 09-202511-2025: 0.4%● unchanged vs 10-202512-2025: 0.4%● unchanged vs 11-202501-2026: 0.4%● unchanged vs 12-202502-2026: 0.4%● unchanged vs 01-202603-2026: 0.4%● unchanged vs 02-202604-2026: 0.4%● unchanged vs 03-202605-2026: 0.5%▲ +0.1 percentage points vs 04-202606-2026: 0.5%● unchanged vs 05-202607-2026: 0.2%▼ -0.3 percentage points vs 06-202608-2026: 0.2%● unchanged vs 07-202609-2026: 0.2%● unchanged vs 08-202610-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.08, compared with 1.9 in 2024, above the usual 1.5; short-term debt: 43.6% and cash: 16.4% of total assets), but 63.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
75-100
Excellent
under 0.55%
60-74
Healthy
0.55% to 1.5%
45-59
Fair
1.5% to 4.2%
25-44
Weak
4.2% to 15.0%
0-24
Critical
over 15.0%
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 33% on solvency, 24% on liquidity, 37% on profitability and 41% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 filed years within 37 days of that day).
2021 to 2025, 5 financial years2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 42% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m2025Net result€0.08m2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m2025Equity€0.4m2025Debt€0.7m2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)7.0%2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency36.3%2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.082025
Average staff in full-time equivalents (FTE).
Staff (FTE)6.62025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
Net result€0.05m-€0.07m▲ 36.4%€0.1mabove the sector's middle half▲ 111%€0.1mabove the sector's middle half▼ 18.2%€0.1mwithin the sector's middle half▼ 19.4%€0.03mwithin the sector's middle half▼ 67.3%€0.1mabove the sector's middle half▲ 308%€0.08mwithin the sector's middle half▼ 39.7%
Equity€0.2m-€0.3m▲ 7.7%€0.4mwithin the sector's middle half▲ 36.2%€0.5mwithin the sector's middle half▲ 35.8%€0.4mwithin the sector's middle half▼ 25.4%€0.4mwithin the sector's middle half▲ 8.6%€0.4mwithin the sector's middle half▲ 1.1%€0.4mwithin the sector's middle half=
Total assets€0.9m-€1.1m▲ 16.7%€1.1mwithin the sector's middle half▲ 0.1%€1.1mwithin the sector's middle half▲ 3.7%€1.2mwithin the sector's middle half▲ 4.8%€1.1mwithin the sector's middle half▼ 5.7%€1.1mwithin the sector's middle half▼ 2.6%€1.1mwithin the sector's middle half▲ 2.4%
Working capital€0.2m-€0.2m▲ 29.9%€0.2mwithin the sector's middle half▲ 18.2%€0.3mwithin the sector's middle half▲ 29.9%€0.2mwithin the sector's middle half▼ 51.2%€0.3mwithin the sector's middle half▲ 103%€0.5mwithin the sector's middle half▲ 44.3%€0.5mabove the sector's middle half▲ 14.3%
Solvency26.6%-24.5%▼ 2.0pp33.4%within the sector's middle half▲ 8.9pp43.7%within the sector's middle half▲ 10.3pp31.1%within the sector's middle half▼ 12.6pp35.8%within the sector's middle half▲ 4.7pp37.1%within the sector's middle half▲ 1.3pp36.3%within the sector's middle half▼ 0.9pp
Current ratio2.16-1.82▼ 0.342.07within the sector's middle half▲ 0.252.65within the sector's middle half▲ 0.581.38within the sector's middle half▼ 1.282.46within the sector's middle half▲ 1.081.90within the sector's middle half▼ 0.562.08within the sector's middle half▲ 0.18
Return on assets (ROA)5.5%-6.4%▲ 0.9pp13.5%within the sector's middle half▲ 7.1pp10.7%within the sector's middle half▼ 2.9pp8.2%within the sector's middle half▼ 2.5pp2.8%within the sector's middle half▼ 5.4pp11.9%within the sector's middle half▲ 9.1pp7.0%within the sector's middle half▼ 4.9pp
Staff (FTE)4.4-5.3▲ 20.5%5.6within the sector's middle half▲ 5.7%7.8within the sector's middle half▲ 39.3%7.8within the sector's middle half=6.3within the sector's middle half▼ 19.2%6.5within the sector's middle half▲ 3.2%6.6within the sector's middle half▲ 1.5%
abovewithinbelowthe middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
9%
90.6%
Fixed assets€103,680 ▼ 13.1%
Current assets€993,840 ▲ 4.3%
Equity and liabilities €1.1m
36.3%
63.7%
Equity€398,210 =
Debt€699,310 ▲ 3.8%
Debt's share of the balance-sheet total rises from 62.9% to 63.7%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€125,939▼
2024 · €202,516
Cash flow
€98,865▼
2024 · €152,019
Quick ratio
1.97▲
2024 · 1.83
Debt to equity
1.76▲
2024 · 1.69
ROE
19.3%▼
2024 · 32.1%
Interest coverage
9.44▲
2024 · 8.99
Debt ≤ 1 year
€478,157▼
2024 · €501,562
Income taxes
€33,600▼
2024 · €38,545
Staff costs
€469,332▲
2024 · €425,554
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
0.5%went bankrupt
5.9%stopped otherwise
93.5%still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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%
0.9%
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 74.5% 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 31,368 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 accountsAs filed with the NBB · 2025 against 2024 · 57 lines
Balance sheetCode20242025
Assets
Total assets20/58€1.1m€1.1m▲
Fixed assets21/28€0.1m€0.1m▼
Intangible fixed assets21€0.001m-
Tangible fixed assets22/27€0.1m€0.1m▼
Plant, machinery and equipment23€0.1m€0.1m▼
Furniture and vehicles24€0.006m€0.008m▲
Financial fixed assets28€200€200=
Current assets29/58€1.0m€1.0m▲
Stocks and contracts in progress3€0.04m€0.05m▲
Stocks30/36€0.04m€0.05m▲
Amounts receivable within one year40/41€0.8m€0.7m▼
Trade receivables40€0.4m€0.2m▼
Other amounts receivable41€0.5m€0.5m▲
Cash at bank and in hand54/58€0.04m€0.2m▲
Deferred charges and accrued income490/1€0.03m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15€0.4m€0.4m=
Contributions10/11€0.06m€0.06m=
Capital10€0.06m€0.06m=
Issued capital100€0.06m€0.06m=
Reserves13€0.3m€0.3m=
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Distributable reserves133€0.3m€0.3m=
Amounts payable17/49€0.7m€0.7m▲
Amounts payable within one year42/48€0.5m€0.5m▼
Financial debts43€0.003m-
Credit institutions430/8€0.003m-
Trade debts44€0.3m€0.2m▼
Suppliers440/4€0.3m€0.2m▼
Taxes, remuneration and social security45€0.08m€0.09m▲
Taxes450/3€0.01m€0.03m▲
Remuneration and social security454/9€0.07m€0.06m▼
Other amounts payable47/48€0.1m€0.2m▲
Accrued charges and deferred income492/3€0.2m€0.2m▲
Income statementCode20242025
Non-recurring operating income76A€0.1m-
Remuneration, social security and pensions62€0.4m€0.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▼
Other operating charges640/8€0.02m€0.002m▼
Non-recurring operating charges66A€0.003m-
Gross operating margin9900€0.7m€0.6m▼
Operating profit (loss)9901€0.2m€0.1m▼
Financial income75/76B€0.01m€0.02m▲
Recurring financial income75€0.01m€0.02m▲
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Profit (loss) for the period before taxes9903€0.2m€0.1m▼
Income taxes67/77€0.04m€0.03m▼
Profit (loss) for the period9904€0.1m€0.08m▼
Profit (loss) for the period to be appropriated9905€0.1m€0.08m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.08m▼
Transfer to equity691/2€0.004m-
To the legal reserve6920€0.004m-
Profit to be distributed694/7€0.1m€0.08m▼
Return on contributions (dividend)694€0.09m€0.08m▼
Directors or managers695€0.04m-
Social balance sheet
Average headcount (FTE)90876.56.6▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Non-recurring operating income76A
-
-
-
€16,345
€15,297
€8,814
€108,504
-
-
Remuneration, social security and pensions62
-
-
-
€320,075
€378,476
€340,985
€425,554
€469,332
▲ 10.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€22,745
€36,305
€32,240
€29,040
€28,188
€32,563
€24,376
€21,862
▼ 10.3%
Other operating charges640/8
-
-
-
€18,454
€8,576
€10,493
€23,618
€1,870
▼ 92.1%
Non-recurring operating charges66A
-
-
-
€4,250
-
-
€2,989
-
-
Gross operating margin9900
€337,093
€448,834
€490,303
€549,123
€541,856
€437,146
€654,677
€597,141
▼ 8.8%
Operating profit (loss)9901
€80,590
€129,387
€217,426
€177,303
€126,616
€53,105
€178,140
€104,077
▼ 41.6%
Financial income75/76B
-
-
-
€94
€8,171
€9,001
€10,585
€19,864
▲ 87.7%
Recurring financial income75
€204
€304
€1,164
€94
€8,171
€9,001
€10,585
€19,864
▲ 87.7%
Financial charges65/66B
-
-
-
€9,192
€7,814
€14,020
€22,537
€13,338
▼ 40.8%
Recurring financial charges65
€8,644
€13,026
€9,295
€9,192
€7,814
€14,020
€22,537
€13,338
▼ 40.8%
Profit (loss) for the period before taxes9903
€72,150
€116,665
€209,294
€168,205
€126,973
€48,085
€166,188
€110,603
▼ 33.4%
Income taxes67/77
€21,755
€47,937
€64,121
€49,421
€31,257
€16,771
€38,545
€33,600
▼ 12.8%
Profit (loss) for the period9904
€50,395
€68,728
€145,173
€118,784
€95,716
€31,314
€127,643
€77,003
▼ 39.7%
Profit (loss) for the period to be appropriated9905
€50,395
€68,728
€145,173
€118,784
€95,716
€31,314
€127,643
€77,003
▼ 39.7%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€0.9m
€1.1m
€1.1m
€1.1m
€1.2m
€1.1m
€1.1m
€1.1m
▲ 2.4%
Fixed assets21/28
€0.6m
€0.6m
€0.6m
€0.6m
€0.6m
€0.6m
€0.1m
€0.1m
▼ 13.1%
Intangible fixed assets21
-
-
€0.009m
€0.007m
€0.005m
€0.003m
€0.001m
-
-
Tangible fixed assets22/27
€0.6m
€0.6m
€0.6m
€0.6m
€0.6m
€0.6m
€0.1m
€0.1m
▼ 12.1%
Land and buildings22
-
-
-
€0.6m
€0.5m
€0.5m
-
-
-
Plant, machinery and equipment23
-
-
-
€0.009m
€0.02m
€0.02m
€0.1m
€0.1m
▼ 14.3%
Furniture and vehicles24
-
-
-
€0.03m
€0.03m
€0.02m
€0.006m
€0.008m
▲ 27.1%
Financial fixed assets28
-
-
€200
€200
€200
€200
€200
€200
=
Current assets29/58
€0.3m
€0.5m
€0.5m
€0.5m
€0.6m
€0.5m
€1.0m
€1.0m
▲ 4.3%
Stocks and contracts in progress3
€0.03m
€0.03m
€0.03m
€0.08m
€0.07m
€0.05m
€0.04m
€0.05m
▲ 41.9%
Stocks30/36
-
-
-
€0.08m
€0.07m
€0.05m
€0.04m
€0.05m
▲ 41.9%
Amounts receivable within one year40/41
€0.2m
€0.3m
€0.3m
€0.09m
€0.4m
€0.3m
€0.8m
€0.7m
▼ 14.3%
Trade receivables40
-
-
-
€0.09m
€0.08m
€0.1m
€0.4m
€0.2m
▼ 34.5%
Other amounts receivable41
-
-
-
€0.006m
€0.3m
€0.2m
€0.5m
€0.5m
▲ 2.5%
Cash at bank and in hand54/58
€0.04m
€0.2m
€0.2m
€0.3m
€0.09m
€0.1m
€0.04m
€0.2m
▲ 314%
Deferred charges and accrued income490/1
-
-
-
€0.01m
€0.03m
€0.05m
€0.03m
€0.04m
▲ 29.1%
Equity and liabilities
Total equity and liabilities10/49
€0.9m
€1.1m
€1.1m
€1.1m
€1.2m
€1.1m
€1.1m
€1.1m
▲ 2.4%
Equity10/15
€0.2m
€0.3m
€0.4m
€0.5m
€0.4m
€0.4m
€0.4m
€0.4m
=
Contributions10/11
€0.02m
€0.02m
-
€0.02m
€0.02m
€0.02m
€0.06m
€0.06m
=
Capital10
-
-
-
-
-
-
€0.06m
€0.06m
=
Issued capital100
-
-
-
-
-
-
€0.06m
€0.06m
=
Reserves13
€0.03m
€0.1m
€0.2m
€0.5m
€0.3m
€0.4m
€0.3m
€0.3m
=
Non-distributable reserves130/1
-
-
-
€0.002m
€0.002m
€0.002m
€0.006m
€0.006m
=
Legal reserve130
-
-
-
-
-
-
€0.006m
€0.006m
=
Reserves not available under the articles1311
-
-
-
€0.002m
€0.002m
€0.002m
-
-
-
Distributable reserves133
-
-
-
€0.5m
€0.3m
€0.4m
€0.3m
€0.3m
=
Profit (loss) carried forward14
€0.2m
€0.1m
€0.1m
-
-
-
-
-
-
Amounts payable17/49
€0.7m
€0.8m
€0.7m
€0.6m
€0.8m
€0.7m
€0.7m
€0.7m
▲ 3.8%
Amounts payable after more than one year17
€0.5m
€0.6m
€0.5m
€0.4m
€0.4m
€0.3m
-
-
-
Financial debts170/4
-
-
-
€0.4m
€0.4m
€0.3m
-
-
-
Amounts payable within one year42/48
€0.1m
€0.3m
€0.2m
€0.2m
€0.4m
€0.2m
€0.5m
€0.5m
▼ 4.7%
Current portion of amounts payable after more than one year42
-
-
-
€0.06m
€0.06m
€0.05m
-
-
-
Financial debts43
-
-
-
€0.03m
€0.007m
€0.003m
€0.003m
-
-
Credit institutions430/8
-
-
-
€0.03m
€0.007m
€0.003m
€0.003m
-
-
Trade debts44
€0.06m
€0.09m
€0.06m
€0.03m
€0.09m
€0.1m
€0.3m
€0.2m
▼ 21.0%
Suppliers440/4
-
-
-
€0.03m
€0.09m
€0.1m
€0.3m
€0.2m
▼ 21.0%
Taxes, remuneration and social security45
-
-
-
€0.07m
€0.03m
€0.05m
€0.08m
€0.09m
▲ 18.9%
Taxes450/3
-
-
-
€0.04m
€482
€0.009m
€0.01m
€0.03m
▲ 148%
Remuneration and social security454/9
-
-
-
€0.03m
€0.03m
€0.04m
€0.07m
€0.06m
▼ 1.7%
Other amounts payable47/48
-
-
-
-
€0.2m
-
€0.1m
€0.2m
▲ 23.2%
Accrued charges and deferred income492/3
-
-
-
€135
€0.02m
€0.2m
€0.2m
€0.2m
▲ 28.4%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€50,395
€68,728
€145,173
€118,784
€95,716
€31,314
€127,643
€77,003
▼ 39.7%
+ Depreciation and write-downs630
€22,745
€36,305
€32,240
€29,040
€28,188
€32,563
€24,376
€21,862
▼ 10.3%
Operating cash flow (approximation)
€73,140
€105,033
€177,413
€147,824
€123,904
€63,877
€152,019
€98,865
▼ 35.0%
Investment in fixed assets (approximation)
-
-€27,577
-€19,812
-€31,684
-€24,135
-€4,817
€429,736
-€6,270
-
Change in cash
-
€128,644
€984
€151,772
-€232,265
€10,026
-€57,935
€136,150
-
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,949. 13,029 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
Flemish government
Subsidies and aid from the Flemish government to this company. Public aid says something about projects and the obligations that come with it.
2 entries · €225 · €225 paid · Fonds voor Innoveren en Ondernemen
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
under verification, last change in 2026
This board is reconstructed from a single act (25311772). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Not every act has been read: a resignation may still be missing
5 of this company's 13 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital and shareholders
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 29 December 2003, Lovatech was incorporated.1In 2024 the registered office moved to Diegem.2Total assets went from €918,506 in 2018 to €1.1m in 2025 and headcount from 4.4 to 6.6 full-time equivalents.3
Permanent representative, VAN SNICK Matthias Jean Ida
Director appointment, CONFIDENTIUS (gewone bestuurder)
Permanent representative, VERVAECK Veerle Maria Juliana
Other provision, “raad van bestuur, bestuursmodel” (deed in Dutch)
+3 further facts in this act
06-01
Gazette deedAppointment: BV Moore Audit (statutory auditor)
Permanent representatives: Stijn Van Hout and Paul Peeters4 facts ▸
General meeting, 25-11-2024
Auditor appointment, BV Moore Audit (statutory auditor)
Permanent representative, Stijn Van Hout
Permanent representative, Paul Peeters
2024
25-09
Gazette deedPermanent representative: Paul PEETERS
Registered-office move4 facts ▸
Board meeting, 29-03-2024
Director in office, BV ITP GROUP (sole director)
Permanent representative, Paul PEETERS
Registered-office move, 1831 Diegem, De Kleetlaan 7a bus 2
23-07
Gazette deedAppointments: Verhelst Invest CommV (director) and Confidentius BV (director)
Permanent representatives: Bart Verhelst, Veerle Vervaeck and Paul Peeters · Resignations: Verhelst Invest CommV (director) and Confidentius BV (director)11 facts ▸
General meeting, 05-06-2024
General meeting, 02-04-2024
Director appointment, Verhelst Invest CommV (director)
Director appointment, Confidentius BV (director)
Permanent representative, Bart Verhelst
Permanent representative, Veerle Vervaeck
Other provision, “benoeming zonder effect, verkeerdelijk gedaan en geen effect” (deed in Dutch)
Director resignation, Verhelst Invest CommV (director)
Director resignation, Confidentius BV (director)
Permanent representative, Paul Peeters
Board composition, ITP Group BV (sole director)
16-07
NBB filingAnnual accounts filed
financial year 2023 · abbreviated format
05-07
Gazette deedAppointments: Verhelst Invest CommV (director) and Confidentius BV (director)
Permanent representatives: Bart Verhelst and Veerle Vervaeck6 facts ▸
General meeting, 02-04-2024
Director appointment, Verhelst Invest CommV (director)
Director appointment, Confidentius BV (director)
Permanent representative, Bart Verhelst
Permanent representative, Veerle Vervaeck
Other provision, “geen soortgelijk verbod uitgesproken door rechtscollege van lidstaat van de Europese Economische Ruimte, geen veroordeling tot bestuursverbod” (deed in Dutch)
2023
31-12
FinancialWeakest financial yearnet €31,314 ▼67.3%
Net result drops to €31,314, the lowest in the series; recovery starts the following year.
27-12
Gazette deedResignation: ITP Group BV (director)
Permanent representatives: Bart Verhelst and Paul Peeters · Appointment: ITP Group BV (director)5 facts ▸
Other provision, “EERSTE BESLUIT vrijstelling lezing verslagen, eenparigheid van stemmen” (deed in Dutch)
Auditor report, “Boomgaardstraat 14,8800 Roeselare, bedrijfsrevisor” (deed in Dutch)
Other provision, “ontvangst en kennisname documenten, enige aandeelhouder” (deed in Dutch)
Capital contribution
Legal-form conversion, “naamloze vennootschap” (deed in Dutch)
Net-asset statement, 30-06-2023
Accounting effect, 30-06-2023
Other provision, “behoud ondernemingsnummer”, 0862.423.634 (deed in Dutch)
Other provision, “één aandeel naamloze vennootschap in ruil voor één aandeel omgezette besloten vennootschap, ruilverhouding aandelen” (deed in Dutch)
Capital conversion, “kapitaal” (deed in Dutch)
Amendment of the articles
+9 further facts in this act
Show earlier events
11-08
NBB filingAnnual accounts filed
financial year 2022 · abbreviated format · 11 days late
2022
29-08
NBB filingAnnual accounts filed
financial year 2021 · abbreviated format · 29 days late
2021
29-06
NBB filingAnnual accounts filed
financial year 2020 · abbreviated format
2020
31-12
FinancialHighest result from 2018 to 2025net €145,173 ▲111%
Operating result €217,426, net result €145,173, both a record.
27-08
NBB filingAnnual accounts filed
financial year 2019 · micro format · 27 days late
2019
31-08
NBB filingAnnual accounts filed
financial year 2018 · abbreviated format · 31 days late
2018
31-08
NBB filingAnnual accounts filed
financial year 2017 · micro format · 31 days late
2017
31-08
NBB filingAnnual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 22 annual accounts filed, the latest 10 are here; all 22 are under Financials.
8 of 13 deeds read
About the unread acts
Of the 13 Belgian Official Gazette deeds we know for this company, 8 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Imperiastraat 6, 1930 ZaventemComputer consultancy and computer facilities management
since 2006unit no. 2.157.639.294
2 parcels
Flanders2(100%)
Cadastral parcel
Region
Area
Buildings
Height / floors
23094D0010/00F000
Flanders
7,801 m²
1 · 1,853 m²
12.6 m · 2
23772B0108/00C000
Flanders
3,258 m²
1 · 806 m²
8.1 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
PurposeThe activities the company may carry out under its articles.
“Onderzoek, aan- en verkoop, beheer en training van ICT producten en services; Het aan- en verkopen, huren en verhuren, beheren en renoveren…” (deed in Dutch)
10 activities (deed in Dutch)
Onderzoek, aan- en verkoop, beheer en training van ICT producten en services
Het aan- en verkopen, huren en verhuren, beheren en renoveren van onroerende goederen en rollend materieel voor eigen beheer
Het verwerven (op eender welke wijze) en/of aanhouden van participaties in bestaande en/of nog op te richten ondernemingen
Het beheren, valoriseren, en te gelde maken van deze participaties
Het uitoefenen van een bestuursmandaat of mandaat van vereffenaar in andere ondernemingen
Het verlenen van managementprestaties en het vervullen van interim-opdrachten
Het deelnemen aan het toezicht van ondernemingen
Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijke welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen.
De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“2. de datum van de algemene vergadering te verplaatsen naar de eerste werkdag na de tweede dinsdag van de maand mei om vijftien uur (15:00)…” (deed in Dutch)