LOVEST
ActiveSummary
LOVEST has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,154 and a net result of -€12,121. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-01-2023 Normal situation
- Activity
- “Bij te dragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid het…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.342.602.755 3540 Herk-de-Stad, since 19-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Board and ownership
- LOOP Christophe Frederic ValèreDirector · since 19-01-2023
- LOVAN100%· score 872025 annual accounts of LOVAN
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €5,606
- ▼ 71.9%
- Turnover
- ≈ €43,000
- estimated
- Loss
- €12,121
- ▼ 35.3%
- Equity
- €84,154
- ▼ 12.6%
- Total assets
- €442,174
- ▲ 1.2%
Score breakdownraises riskFounded in 2023Liquidity: current ratio 0.38, cash €2,585lowers riskSize: total assets €442,174No main activity registeredShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 27% of them on solvency, 23% on liquidity, 15% on profitability and 22% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 5 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €3,307, after a profit of €705 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2024 | 2025 |
|---|---|---|
| Mortgages, amount registered | €100,000 | - |
| Carrying value of the mortgaged assets | €404,087 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €412,829 | - |
| Depreciation and write-downs of the year | €8,742 | €4,783 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,742 | €4,783 | ▼ 45.3% |
| Other operating charges640/8 | €7,452 | €4,130 | ▼ 44.6% |
| Non-recurring operating charges66A | €3,061 | - | - |
| Gross operating margin9900 | €19,959 | €5,606 | ▼ 71.9% |
| Operating profit (loss)9901 | €705 | -€3,307 | - |
| Financial income75/76B | €1,192 | €1,912 | ▲ 60.4% |
| Recurring financial income75 | €1,192 | €1,912 | ▲ 60.4% |
| Financial charges65/66B | €20,621 | €10,727 | ▼ 48.0% |
| Recurring financial charges65 | €20,621 | €10,727 | ▼ 48.0% |
| Profit (loss) for the period before taxes9903 | -€18,724 | -€12,121 | ▲ 35.3% |
| Profit (loss) for the period9904 | -€18,724 | -€12,121 | ▲ 35.3% |
| Profit (loss) for the period to be appropriated9905 | -€18,724 | -€12,121 | ▲ 35.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €437,028 | €442,174 | ▲ 1.2% |
| Fixed assets21/28 | €404,087 | €399,304 | ▼ 1.2% |
| Tangible fixed assets22/27 | €404,087 | €399,304 | ▼ 1.2% |
| Land and buildings22 | €404,087 | €399,304 | ▼ 1.2% |
| Current assets29/58 | €32,941 | €42,869 | ▲ 30.1% |
| Amounts receivable within one year40/41 | €30,292 | €40,284 | ▲ 33.0% |
| Other amounts receivable41 | €30,292 | €40,284 | ▲ 33.0% |
| Cash at bank and in hand54/58 | €2,648 | €2,585 | ▼ 2.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €437,028 | €442,174 | ▲ 1.2% |
| Equity10/15 | €96,276 | €84,154 | ▼ 12.6% |
| Contributions10/11 | €115,000 | €115,000 | = |
| Profit (loss) carried forward14 | -€18,724 | -€30,846 | ▼ 64.7% |
| Amounts payable17/49 | €340,752 | €358,019 | ▲ 5.1% |
| Amounts payable after more than one year17 | €228,750 | €243,750 | ▲ 6.6% |
| Financial debts170/4 | €228,750 | €243,750 | ▲ 6.6% |
| Amounts payable within one year42/48 | €112,002 | €114,269 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €45,000 | €15,000 | ▼ 66.7% |
| Trade debts44 | €12 | €446 | ▲ 37× |
| Suppliers440/4 | €12 | €446 | ▲ 37× |
| Other amounts payable47/48 | €66,990 | €98,823 | ▲ 47.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€18,724 | -€12,121 | ▲ 35.3% |
| + Depreciation and write-downs630 | €8,742 | €4,783 | ▼ 45.3% |
| Operating cash flow (approximation) | -€9,982 | -€7,339 | ▲ 26.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€64 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,271 companies had the same profile as LOVEST has now. Two years later, 93.5% were still going and 4.1% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LOVEST itself is lower: 0.4% within 12 months. It rests on far more data about LOVEST than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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% |
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 1,271 companies, not a prediction for LOVEST. 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.
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- LOVAN
- LOVEST
Owners 1
- LOVANparentSourceaccounts LOVAN 2025Equity €121,265 Profit of €14,644 in 2025 (profit of €14,983 in 2024) Checked score 87100%
Capital transactions
- LOVAN (BE 0467.212.277) sole founder · 100% at incorporation
- 23-01-2023 Incorporation · €115,000
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, 23”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Krachtens statuten, 24”
Articles of association, deed of 23-01-2023 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
23-01
Gazette deed
IncorporationStarting capital €115,000 · Appointment: LOOP Christophe Frederic Valère (director) · Founder9 points ▸
- Other provision, 18-01-2023
- Founder, LOVAN
- Incorporation, 17-01-2023
- Founding capital, €115,000
- Bank account, “bijzondere rekening namens vennootschap in oprichting, vennootschap in oprichting” (deed in Dutch)
- Registered office clause, “3540 Herk-de-Stad,Steenweg 171, 2.Adres van de zetel” (deed in Dutch)
- Board rule, 1, “3.Benoeming van de bestuurder” (deed in Dutch)
- Director appointment, LOOP Christophe Frederic Valère (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening vennootschap in oprichting,zowel vóór ondertekening als tussen akte en nee…” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
4 activities
- Bij te dragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid het beheer van een onroerend en roerend vermogen en de huurfinanciering van onroerende en roerende goederen aan derden,alsmede de handelingen die rechtsreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen,evenals alle verrichtingen van onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- Zich rechtstreeks of onrechtstreeks interesseren bij middel van inbreng,afstand,samensmelting,inschrijving,of aankoop van titels,financiële tussenkomst of op gelijk welke andere wijze,in alle zaken,ondernemingen,associaties of vennootschappen waarvan het voorwerp gelijkwaardig,soortgelijk,samenhangend of eenvoudigweg nuttig zou zijn voor de verwezenlijking van haar voorwerp in België of in het buitenland.
- Alle bestuurs- en beheersopdrachten waarnemen,en mandaten en functies uitoefenen in andere vennootschappen.
- Alle handelingen stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71051C0950/00M000 | Flanders | 1,773 m² | 1 · 712 m² | 8.4 m · 2 |