LOVIBOND DRINKS
ActiveSummary
The computed 12-month bankruptcy probability of LOVIBOND DRINKS is 1.5% (moderate). The 2025 annual accounts show equity of €98k and a net result of €31k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 8048 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-16
Solvency43=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.69 in 2024; short-term debt: 59.1% and cash: 13.6% of total assets), but 81.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.3%
Return on assets
5.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
17 d late
2024
30 d early
2023
45 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€98k▲ 45.9%
2024 · €67k
2018: €47k
2019: €64k▲ +35.0% vs 2018
2020: €66k▲ +3.2% vs 2019
2021: €73k▲ +11.9% vs 2020
2022: €58k▼ -20.5% vs 2021
2023: €45k▼ -22.9% vs 2022lowest in 8 years
2024: €67k▲ +49.6% vs 2023
2025: €98k▲ +45.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€537k▲ 47.0%
2024 · €365k
2018: €249k
2019: €246k▼ -1.4% vs 2018
2020: €124k▼ -49.8% vs 2019lowest in 8 years
2021: €285k▲ +131% vs 2020
2022: €297k▲ +3.9% vs 2021
2023: €229k▼ -22.6% vs 2022
2024: €365k▲ +59.2% vs 2023
2025: €537k▲ +47.0% vs 2024highest in 8 years
2018 → 2025
Net result
€31k▼ 2.6%
2024 · €32k
2018: €21k
2019: €16k▼ -22.7% vs 2018
2020: €2k▼ -87.8% vs 2019
2021: €8k▲ +285% vs 2020
2022: €-15k▼ -293% vs 2021lowest in 8 years
2023: €-11k▲ +25.1% vs 2022
2024: €32k▲ +382% vs 2023highest in 8 years
2025: €31k▼ -2.6% vs 2024
2018 → 2025
Working capital
€166k▲ 19.0%
2024 · €140k
2018: €12klowest in 8 years
2019: €20k▲ +67.6% vs 2018
2020: €43k▲ +120% vs 2019
2021: €105k▲ +144% vs 2020
2022: €174k▲ +65.1% vs 2021highest in 8 years
2023: €109k▼ -37.4% vs 2022
2024: €140k▲ +28.4% vs 2023
2025: €166k▲ +19.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€58k▼ 20.5%€45k▼ 22.9%€67k▲ 49.6%€98k▲ 45.9%
2021: €73k
2022: €58k▼ -20.5% vs 2021
2023: €45k▼ -22.9% vs 2022lowest in 5 years
2024: €67k▲ +49.6% vs 2023
2025: €98k▲ +45.9% vs 2024highest in 5 years
Operating result€9k-€-12k€-7k▲ 39.1%€34k€58k▲ 68.6%
2021: €9k
2022: €-12k▼ -230% vs 2021lowest in 5 years
2023: €-7k▲ +39.1% vs 2022
2024: €34k▲ +590% vs 2023
2025: €58k▲ +68.6% vs 2024highest in 5 years
Net result€8k-€-15k€-11k▲ 25.1%€32k€31k▼ 2.6%
2021: €8k
2022: €-15k▼ -293% vs 2021lowest in 5 years
2023: €-11k▲ +25.1% vs 2022
2024: €32k▲ +382% vs 2023highest in 5 years
2025: €31k▼ -2.6% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 69% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €537k
Fixed assets
€53k ▲ 126%
Current assets
€484k ▲ 41.6%
Equity and liabilities €537k
Equity
€98k ▲ 45.9%
Debt
€439k ▲ 47.3%
Debt's share of the balance-sheet total rises from 81.6% to 81.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €43k
Cash flow
€40k▲
2024 · €40k
Current ratio
1.52▼
2024 · 1.69
Quick ratio
1.37▼
2024 · 1.51
Debt to equity
4.47▲
2024 · 4.43
ROE
31.4%▼
2024 · 47.1%
ROA
5.7%▼
2024 · 8.7%
Interest coverage
4.59▼
2024 · 7.15
Debt ≤ 1 year
€318k▲
2024 · €202k
Debt > 1 year
€121k▲
2024 · €91k
Income taxes
€14k▲
2024 · €129
Staff costs
€135k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€365k€537k▲
Fixed assets21/28€24k€53k▲
Intangible fixed assets21€13k€7k▼
Tangible fixed assets22/27€10k€12k▲
Furniture and vehicles24€8k€10k▲
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€225€34k▲
Current assets29/58€342k€484k▲
Stocks and contracts in progress3€37k€47k▲
Stocks30/36€37k€47k▲
Amounts receivable within one year40/41€217k€336k▲
Trade receivables40€155k€294k▲
Other amounts receivable41€62k€42k▼
Cash at bank and in hand54/58€64k€73k▲
Deferred charges and accrued income490/1€24k€27k▲
Equity and liabilities
Total equity and liabilities10/49€365k€537k▲
Equity10/15€67k€98k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€46k€46k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14€907€32k▲
Amounts payable17/49€298k€439k▲
Amounts payable after more than one year17€91k€121k▲
Financial debts170/4€91k€121k▲
Amounts payable within one year42/48€202k€318k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Financial debts43€199-
Credit institutions430/8€199-
Trade debts44€148k€225k▲
Suppliers440/4€148k€220k▲
Bills of exchange payable441-€5k
Taxes, remuneration and social security45€11k€44k▲
Taxes450/3€2k€21k▲
Remuneration and social security454/9€9k€23k▲
Other amounts payable47/48€23k€28k▲
Accrued charges and deferred income492/3€5k€317▼
Income statement
Code20242025
Remuneration, social security and pensions62€33k€135k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€44k€64k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€119k€267k▲
Operating profit (loss)9901€34k€58k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€6k€15k▲
Recurring financial charges65€6k€15k▲
Profit (loss) for the period before taxes9903€32k€45k▲
Income taxes67/77€129€14k▲
Profit (loss) for the period9904€32k€31k▼
Profit (loss) for the period to be appropriated9905€32k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€32k▼
Profit (loss) brought forward from the previous period14P€238€907▲
Transfer from equity791/2€9k-
Transfer to equity691/2€31k-
To other reserves6921€31k-
Profit to be distributed694/7€9k-
Return on contributions (dividend)694€9k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €49k | €56k | €4k | €33k | €135k | ▲ 313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €6k | €9k | €10k | ▲ 11.7% |
| Other operating charges640/8 | €37k | €1k | €24k | €44k | €64k | ▲ 46.0% |
| Non-recurring operating charges66A | - | - | - | - | €1k | - |
| Gross operating margin9900 | €103k | €54k | €27k | €119k | €267k | ▲ 124% |
| Operating profit (loss)9901 | €9k | €-12k | €-7k | €34k | €58k | ▲ 68.6% |
| Financial income75/76B | €242 | €48 | €539 | €3k | €2k | ▼ 52.2% |
| Recurring financial income75 | €242 | €48 | €539 | €3k | €2k | ▼ 52.2% |
| Financial charges65/66B | €1k | €3k | €5k | €6k | €15k | ▲ 145% |
| Recurring financial charges65 | €1k | €3k | €5k | €6k | €15k | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €8k | €-15k | €-11k | €32k | €45k | ▲ 41.0% |
| Income taxes67/77 | €240 | €145 | €136 | €129 | €14k | ▲ 10,743% |
| Profit (loss) for the period9904 | €8k | €-15k | €-11k | €32k | €31k | ▼ 2.6% |
| Profit (loss) for the period to be appropriated9905 | €8k | €-15k | €-11k | €32k | €31k | ▼ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285k | €297k | €229k | €365k | €537k | ▲ 47.0% |
| Fixed assets21/28 | €18k | €14k | €18k | €24k | €53k | ▲ 126% |
| Intangible fixed assets21 | €6k | €3k | €11k | €13k | €7k | ▼ 43.3% |
| Tangible fixed assets22/27 | €13k | €11k | €7k | €10k | €12k | ▲ 14.5% |
| Furniture and vehicles24 | €9k | €8k | €4k | €8k | €10k | ▲ 23.9% |
| Other tangible fixed assets26 | €4k | €3k | €3k | €2k | €2k | ▼ 17.0% |
| Financial fixed assets28 | - | - | - | €225 | €34k | ▲ 14,985% |
| Current assets29/58 | €267k | €282k | €212k | €342k | €484k | ▲ 41.6% |
| Stocks and contracts in progress3 | €50k | €23k | €46k | €37k | €47k | ▲ 29.1% |
| Stocks30/36 | €50k | €23k | €46k | €37k | €47k | ▲ 29.1% |
| Amounts receivable within one year40/41 | €95k | €87k | €118k | €217k | €336k | ▲ 54.8% |
| Trade receivables40 | €61k | €65k | €66k | €155k | €294k | ▲ 89.8% |
| Other amounts receivable41 | €35k | €22k | €52k | €62k | €42k | ▼ 32.7% |
| Cash at bank and in hand54/58 | €121k | €172k | €48k | €64k | €73k | ▲ 14.5% |
| Deferred charges and accrued income490/1 | - | - | - | €24k | €27k | ▲ 13.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285k | €297k | €229k | €365k | €537k | ▲ 47.0% |
| Equity10/15 | €73k | €58k | €45k | €67k | €98k | ▲ 45.9% |
| Contributions10/11 | €19k | €19k | €19k | €20k | €20k | = |
| Outside capital11 | €19k | €19k | €19k | €20k | €20k | = |
| Other1109/19 | €19k | €19k | €19k | €20k | €20k | = |
| Reserves13 | €45k | €39k | €26k | €46k | €46k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €44k | €38k | €24k | €46k | €46k | = |
| Profit (loss) carried forward14 | €9k | €374 | €238 | €907 | €32k | ▲ 3,401% |
| Amounts payable17/49 | €212k | €238k | €184k | €298k | €439k | ▲ 47.3% |
| Amounts payable after more than one year17 | €51k | €120k | €81k | €91k | €121k | ▲ 32.3% |
| Financial debts170/4 | €51k | €120k | €81k | €91k | €121k | ▲ 32.3% |
| Amounts payable within one year42/48 | €161k | €108k | €103k | €202k | €318k | ▲ 57.3% |
| Current portion of amounts payable after more than one year42 | €30k | €30k | €20k | €20k | €20k | ▲ 2.5% |
| Financial debts43 | - | - | - | €199 | - | - |
| Credit institutions430/8 | - | - | - | €199 | - | - |
| Trade debts44 | €42k | €6k | €44k | €148k | €225k | ▲ 52.3% |
| Suppliers440/4 | €42k | €6k | €44k | €148k | €220k | ▲ 48.9% |
| Bills of exchange payable441 | - | - | - | - | €5k | - |
| Taxes, remuneration and social security45 | €17k | €3k | €15k | €11k | €44k | ▲ 314% |
| Taxes450/3 | €6k | €3k | €15k | €2k | €21k | ▲ 1,180% |
| Remuneration and social security454/9 | €11k | €301 | €210 | €9k | €23k | ▲ 157% |
| Other amounts payable47/48 | €72k | €69k | €23k | €23k | €28k | ▲ 21.3% |
| Accrued charges and deferred income492/3 | €22 | €10k | €561 | €5k | €317 | ▼ 93.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €-15k | €-11k | €32k | €31k | ▼ 2.6% |
| + Depreciation and write-downs630 | €8k | €8k | €6k | €9k | €10k | ▲ 11.7% |
| Operating cash flow (approximation) | €16k | €-7k | €-5k | €40k | €40k | ▲ 0.5% |
| Investment in fixed assets (approximation) | - | €-4k | €-10k | €-15k | €-39k | ▼ 170% |
| Change in cash | - | €50k | €-124k | €16k | €9k | ▼ 42.1% |
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Watermaal-Bosvoorde · 2 establishment units since 2017
Ground area
1.5 ha
Building footprint
4,768 m²
Volume, LiDAR
32,948 m³
2 parcels, Brussels, Flanders · tallest building 35.8 m, ±10 floors. Linked by address, not a title deed.
173
companies at this address
See who is registered here
2 establishment units
LOVIBOND
since 20172.262.931.905
LOVIBOND
since 20202.306.097.301
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0042/00H002 | Brussels | 7,608 m² | 1 · 1,019 m² | 35.8 m · 10 fl. |
| 23047A0054/00R004 | Flanders | 7,305 m² | 1 · 3,749 m² | 6.7 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWatermaal-Bosvoorde2.262.931.905
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Of 1,580 companies in sector 46349 we hold annual accounts for 987. 684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46349Wholesale of beverages, general range
47120Other non-specialised retail sale
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
Contact
E-mail
nicolas.ronsmans@lovibond-drinks.be
Scores and ratios are computed by Checked and are not a credit decision.