Result
€11,078 ▼ 83.9%
The result fell in 2025 from €68,651 to €11,078.
LOVIC
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €3.0m (2021)
€1.3m▲ 0.5%
lowest -€2,644 (2022)
€11,078▼ 83.9%
peak €3.3m (2025)
€3.3m▲ 0.3%
€2.3m▲ 11.7%
peak 17.8 FTE (2023)
17 FTE▼ 4.5%
Board5 names since 2018
1 director
Owners3 names in the annual accounts
Documentsfilings and deeds
25-09-202656 days late
2025abbreviated format
Result from €68,651 to €11,078
Key points
from the 2025 annual accountsFilings
25 annual accounts since 2001
Six of the last ten came late. The 2021 accounts came latest: 82 days after the end of the period.
Position in the sector
€3.3m
More equity than 95% of companies in retail trade. Sector median €314,776 · 13,249 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as LOVIC has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 14,768 companies, not a prediction for LOVIC. 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.
Credit verdict
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Signals
Board and ownership
Managing director
- 77.27%annual accounts 2018
- 22.57%annual accounts 2018
- 0.16%annual accounts 2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474324258
1 director appointed, 2 reappointments
Appointment: · Reappointments: and · Permanent representative: · General meeting of 24-06-2024 · Gazette deed
Registered office moved from La Hulpe to Wauthier-Braine
New registered office: Chaussée de Tubize 254, 1440 Wauthier-Braine · Previous registered office: Rue des Combattants 120, 1310 La Hulpe · Board meeting of 10-01-2024 · Gazette deed
1 director resigning, 2 reappointments
Resignation: (managing director) · Reappointments: (managing director) and · Permanent representative: · General meeting of 09-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LOVIC Braine-le-Château | €5.7m | €1.3m | 59.0% | 17 |
| WEYNE Kortemark | €5.4m | €1.6m | 53.6% | 17.4 |
| SELECTION MEUBLES Mont-de-l'Enclus | €6.5m | €1.4m | 83.1% | 17.2 |
| HANOLUX Turnhout | €4.5m | €1.2m | 42.0% | 13.3 |
| MEUBILI Knokke-Heist | €7.1m | €1.2m | 41.0% | 15.5 |
| DORSOO INTERNATIONAL Ninove | €3.7m | €1.2m | 31.9% | 14.5 |
| ABITARE Geel | €5.3m | €1.9m | 44.1% | 15.7 |
These companies have the same main activity as LOVIC: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €3.7m and €7.1m, founded between 1992 and 2007.
Official details
Source: KBO- Status
- Active since 15-03-2001Normal situation
- Activity
- Retail sale of household furnitureNACE 47551
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2021
- Establishment units
- 2.131.422.7681440 Braine-le-Château, since 29-06-2001
- 2.243.307.9141300 Wavre, since 15-09-2014and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Insights on LOVIC
LOVIC files the abbreviated format. That format states no turnover. The gross margin rose from €345,657 in 2006 to €1.3m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LOVIC
- What is the company number of LOVIC?
- The company number of LOVIC is 0474.324.258. The VAT number is the same number with BE in front: BE 0474.324.258.
- Where is LOVIC based?
- The registered office is at Chaussée de Tubize (W-B) 254, 1440 Braine-le-Château.Company details
- What does LOVIC do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of LOVIC?
- LOVIC is a public limited company (NV).
- When was LOVIC founded?
- LOVIC was founded on 15-03-2001.
- Is LOVIC still active?
- Yes, LOVIC is an active enterprise in the KBO register.
- How many employees does LOVIC have?
- LOVIC had an average of 17 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LOVIC fall under?
- In its 2021 annual accounts, LOVIC states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of LOVIC?
- The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €1.3m and 87 comparable companies (NACE 47). It probably lies between €3.1m and €9.5m.
- Is LOVIC profitable?
- In financial year 2025, LOVIC made a profit of €11,078.
- Where can I find the annual accounts of LOVIC?
- LOVIC filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LOVIC due?
- LOVIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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