LOVENBOS
ActiveSummary
LOVENBOS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€2.8m) and a net result of €127,753. Equity is shrinking by ~19% per year across the filed fiscal years. Its solvency ranks better than 5% of 691 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▲+7
Solvency0=
Growth63▼-3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.57 in 2023; short-term debt: 109% and cash: 2.8% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-155.3%
Return on assets
7.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 691 sector peers (2024).
NBB · sector comparisonPosition among 691 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
51 d late
2022
32 d early
2021
4 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#2 fastest grower in Lievegem#4 oldest company in Lievegem, Health and social work sector#7 employer in Lievegem
Turnover
€5.3m▲ 5.7%
2023 · €5.0m
EBIT margin
5.1%▲ 2.4pp
2023 · 2.7%
Net result
€127,753▲ 44.8%
2023 · €88,233
Working capital
-€469,006▲ 60.1%
2023 · -€1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€3.8m€4.6m▲ 20.4%€5.0m▲ 9.9%€5.3m▲ 5.7%
Operating result-€3,970▲ 86.0%-€131,866▼ 3,222%€71,087€135,969▲ 91.3%€271,602▲ 99.8%
Net result-€27,907▲ 66.8%-€150,194▼ 438%€8,650€88,233▲ 920%€127,753▲ 44.8%
EBIT margin-3.5%1.6%▲ 5.0pp2.7%▲ 1.2pp5.1%▲ 2.4pp
Equity-€169,348▼ 19.7%-€3.0m▼ 1,678%-€3.0m▲ 0.3%-€2.9m▲ 2.9%-€2.8m▲ 4.4%
Total assets€1.3m▼ 21.9%€997,750▼ 24.5%€1.0m▲ 4.2%€1.9m▲ 81.7%€1.8m▼ 5.0%
Debt€1.5m▼ 18.7%€4.0m▲ 169%€4.0m▲ 0.8%€4.8m▲ 18.8%€4.6m▼ 4.6%
Working capital€755,216-€1.4m-€1.2m▲ 17.3%-€1.2m▼ 0.1%-€469,006▲ 60.1%
Staff (FTE)3852.8▲ 38.9%56.5▲ 7.0%59.8▲ 5.8%
Why a figure moved sharply
- 2023 Total assets +82% on 2022. Cause not known from the registers.
- 2021 Net result -438% on 2020. The accounts now follow the full schema, last year the abbreviated schema.
- 2021 Equity -1,678% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 100% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€306,942 ▼ 4.7%
Current assets
€1.5m ▼ 5.1%
Key figures and ratios
EBITDA
€334,478▲
2023 · €202,755
Cash flow
€190,629▲
2023 · €155,019
Solvency
-155.3%▼
2023 · -154.3%
Current ratio
0.76▲
2023 · 0.57
Debt to equity
-1.64▲
2023 · -1.65
ROA
7.1%▲
2023 · 4.7%
Interest coverage
3.73▲
2023 · 3.28
Debt ≤ 1 year
€2.0m▼
2023 · €2.7m
Debt > 1 year
€2.6m▲
2023 · €1.9m
Income taxes
€85,531▲
2023 · €9,500
Staff costs
€3.6m▲
2023 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,141 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 91% are still going.
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
- without size
2.4%
went bankrupt
5.2%
stopped otherwise
91%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 4,141 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €4.4m | €5.3m | €5.9m | €6.4m | ▲ 7.3% |
| Turnover70 | - | €3.8m | €4.6m | €5.0m | €5.3m | ▲ 5.7% |
| Other operating income74 | - | €613,801 | €703,738 | €892,738 | €882,528 | ▼ 1.1% |
| Non-recurring operating income76A | - | €5,394 | €11,754 | €20,612 | €178,070 | ▲ 764% |
| Operating charges60/66A | - | €4.6m | €5.2m | €5.8m | €6.1m | ▲ 5.2% |
| Goods for resale, raw materials and consumables60 | - | €213,971 | €253,699 | €291,151 | €292,015 | ▲ 0.3% |
| Purchases600/8 | - | €213,971 | €253,699 | €291,151 | €292,015 | ▲ 0.3% |
| Services and other goods61 | - | €1.7m | €1.7m | €1.8m | €1.9m | ▲ 4.4% |
| Remuneration, social security and pensions62 | - | €2.3m | €2.9m | €3.4m | €3.6m | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €121,335 | €120,854 | €66,786 | €62,876 | ▼ 5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,679 | €20,338 | €17,125 | -€23,610 | ▼ 238% |
| Other operating charges640/8 | - | €157,123 | €160,751 | €240,512 | €293,567 | ▲ 22.1% |
| Non-recurring operating charges66A | - | €8,016 | €8,368 | €2,867 | €21,684 | ▲ 656% |
| Gross operating margin9900 | -€6,067 | - | - | - | - | - |
| Operating profit (loss)9901 | -€3,970 | -€131,866 | €71,087 | €135,969 | €271,602 | ▲ 99.8% |
| Financial income75/76B | - | €82,291 | €922 | €24,690 | €32,035 | ▲ 29.7% |
| Recurring financial income75 | €50,776 | €82,291 | €922 | €24,690 | €32,035 | ▲ 29.7% |
| Income from financial fixed assets750 | - | - | - | - | €138 | - |
| Income from current assets751 | - | €16,736 | €905 | €9,338 | €31,821 | ▲ 241% |
| Other financial income752/9 | - | €65,555 | €17 | €15,352 | €76 | ▼ 99.5% |
| Financial charges65/66B | - | €100,619 | €63,360 | €62,926 | €90,353 | ▲ 43.6% |
| Recurring financial charges65 | €82,539 | €100,619 | €63,360 | €62,926 | €90,353 | ▲ 43.6% |
| Debt charges650 | - | €100,240 | €63,002 | €61,766 | €89,755 | ▲ 45.3% |
| Other financial charges652/9 | - | €379 | €357 | €1,160 | €598 | ▼ 48.5% |
| Profit (loss) for the period before taxes9903 | -€27,907 | -€150,194 | €8,650 | €97,733 | €213,284 | ▲ 118% |
| Income taxes67/77 | - | - | - | €9,500 | €85,531 | ▲ 800% |
| Taxes670/3 | - | - | - | €9,500 | €85,531 | ▲ 800% |
| Profit (loss) for the period9904 | -€27,907 | -€150,194 | €8,650 | €88,233 | €127,753 | ▲ 44.8% |
| Profit (loss) for the period to be appropriated9905 | -€27,907 | -€150,194 | €8,650 | €88,233 | €127,753 | ▲ 44.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €997,750 | €1.0m | €1.9m | €1.8m | ▼ 5.0% |
| Fixed assets21/28 | - | €431,654 | €324,118 | €321,924 | €306,942 | ▼ 4.7% |
| Tangible fixed assets22/27 | - | €423,315 | €315,779 | €313,585 | €298,603 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | €93,694 | €25,496 | €8,264 | €10,817 | ▲ 30.9% |
| Furniture and vehicles24 | - | €146,774 | €119,132 | €102,383 | €97,873 | ▼ 4.4% |
| Other tangible fixed assets26 | - | €182,847 | €167,521 | €199,971 | €189,913 | ▼ 5.0% |
| Assets under construction and advance payments27 | - | - | €3,630 | €2,968 | €0 | ▼ 100% |
| Financial fixed assets28 | - | €8,339 | €8,339 | €8,339 | €8,339 | = |
| Other financial fixed assets284/8 | - | €8,339 | €8,339 | €8,339 | €8,339 | = |
| Amounts receivable and cash guarantees285/8 | - | €8,339 | €8,339 | €8,339 | €8,339 | = |
| Current assets29/58 | €1.3m | €566,096 | €715,150 | €1.6m | €1.5m | ▼ 5.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €817,527 | - |
| Other amounts receivable291 | - | - | - | - | €817,527 | - |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.3m | €373,012 | €593,771 | €1.4m | €470,267 | ▼ 66.4% |
| Trade receivables40 | - | €368,375 | €534,465 | €584,603 | €466,751 | ▼ 20.2% |
| Other amounts receivable41 | - | €4,637 | €59,306 | €814,362 | €3,515 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €28,060 | €147,993 | €79,430 | €104,838 | €50,799 | ▼ 51.5% |
| Deferred charges and accrued income490/1 | - | €45,090 | €41,948 | €62,889 | €148,706 | ▲ 136% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €997,750 | €1.0m | €1.9m | €1.8m | ▼ 5.0% |
| Equity10/15 | -€169,348 | -€3.0m | -€3.0m | -€2.9m | -€2.8m | ▲ 4.4% |
| Contributions10/11 | - | €24,750 | €24,750 | €24,750 | €24,750 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€189,753 | -€3.0m | -€3.0m | -€2.9m | -€2.8m | ▲ 4.3% |
| Amounts payable17/49 | €1.5m | €4.0m | €4.0m | €4.8m | €4.6m | ▼ 4.6% |
| Amounts payable after more than one year17 | €861,794 | €1.9m | €1.9m | €1.9m | €2.6m | ▲ 32.6% |
| Financial debts170/4 | - | €1.9m | €1.9m | €1.9m | €2.6m | ▲ 32.6% |
| Other loans174 | - | €1.9m | €1.9m | €1.9m | €2.6m | ▲ 32.6% |
| Amounts payable within one year42/48 | €566,652 | €2.0m | €1.9m | €2.7m | €2.0m | ▼ 28.7% |
| Financial debts43 | - | - | - | €158,919 | €50,748 | ▼ 68.1% |
| Credit institutions430/8 | - | - | - | €158,919 | €50,748 | ▼ 68.1% |
| Trade debts44 | €2,903 | €368,677 | €323,199 | €402,125 | €423,211 | ▲ 5.2% |
| Suppliers440/4 | - | €368,677 | €323,199 | €402,125 | €423,211 | ▲ 5.2% |
| Advances received on contracts in progress46 | - | €35,645 | €31,114 | €17,838 | €19,086 | ▲ 7.0% |
| Taxes, remuneration and social security45 | - | €575,210 | €825,431 | €966,460 | €1.3m | ▲ 30.7% |
| Taxes450/3 | - | €53,033 | €132,312 | €158,370 | €296,774 | ▲ 87.4% |
| Remuneration and social security454/9 | - | €522,177 | €693,118 | €808,089 | €966,499 | ▲ 19.6% |
| Other amounts payable47/48 | - | €1.0m | €711,047 | €1.2m | €199,987 | ▼ 83.3% |
| Accrued charges and deferred income492/3 | - | €88,389 | €217,554 | €126,195 | €61,372 | ▼ 51.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,907 | -€150,194 | €8,650 | €88,233 | €127,753 | ▲ 44.8% |
| + Depreciation and write-downs630 | - | €121,335 | €120,854 | €66,786 | €62,876 | ▼ 5.9% |
| Operating cash flow (approximation) | -€27,907 | -€28,859 | €129,503 | €155,019 | €190,629 | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | - | -€13,318 | -€64,592 | -€47,894 | ▲ 25.9% |
| Change in cash | - | €119,933 | -€68,563 | €25,408 | -€54,039 | ▼ 313% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €127,753 ▲44.8%
Operating result €271,602, net result €127,753, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 51 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €8,650
Net result €8,650 after 4 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€150,194
Net result drops to -€150,194, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 2.33
Current ratio from 0.91 to 2.33; short-term debt falls from €758,775 to €566,652.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 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, Lievegem · 1 establishment unit since 1992
Ground area
2,156 m²
Building footprint
385 m²
Parcel 44452B0990/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
HOME ASTRID VALIDE BEJAARDEN
since 19922.058.990.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B0990/00K000 | Flanders | 2,156 m² | 1 · 385 m² | - |
Linked by address, not proof of ownership
Good to know
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
Part of the group
3RM
16 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: 3RM. The sources do not say who stands above it.
Owners 1
- HOMYASparentSourceaccounts HOMYAS 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 2,610,161 EUR awarded · 2,610,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,063,998 EUR | 2,063,998 EUR |
| 2024 | 2 | 173,138 EUR | 188,258 EUR |
| 2023 | 3 | 203,349 EUR | 188,229 EUR |
| 2022 | 2 | 169,676 EUR | 169,676 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteLievegem2.058.990.492
Care and welfare
5 services · 3 liveLovenbos
Lovenbos
Lovenbos
CVH Lovenbos
Show 1 more services
Rosalinde
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Of 601 companies in sector 87301 we hold annual accounts for 493. 386 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
Contact
Phone
092106100Lievegem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447580962
Registered
09-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.