LOVILEN
ActiveSummary
LOVILEN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €3k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-8
Solvency58▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.86 in 2024; short-term debt: 66.7% and cash: 34.8% of total assets), and 66.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
11 d late
2023
43 d early
2022
43 d early
2021
34 d early
2020
32 d early
2019
39 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 9.8%
2024 · €33k
2019: €29k
2020: €5k
2021: €20k
2022: €21k
2023: €25k
2024: €33k
2019 → 2025
Total assets
€108k▲ 19.3%
2024 · €91k
2019: €135k
2020: €79k
2021: €66k
2022: €62k
2023: €60k
2024: €91k
2019 → 2025
Net result
€3k▼ 61.0%
2024 · €8k
2019: €24k
2020: €-24k
2021: €16k
2022: €268
2023: €4k
2024: €8k
2019 → 2025
Working capital
€-3k▲ 66.5%
2024 · €-8k
2019: €-17k
2020: €-49k
2021: €-29k
2022: €-26k
2023: €-19k
2024: €-8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€21k▲ 1.3%€25k▲ 18.5%€33k▲ 33.7%€36k▲ 9.8%
Operating result€16k-€829▼ 94.9%€4k▲ 421%€10k▲ 128%€5k▼ 51.6%
Net result€16k-€268▼ 98.3%€4k▲ 1,326%€8k▲ 116%€3k▼ 61.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108k
Fixed assets
€39k ▼ 5.4%
Current assets
€69k ▲ 39.6%
Equity and liabilities €108k
Equity
€36k ▲ 9.8%
Debt
€72k ▲ 24.6%
Debt's share of the balance-sheet total rises from 63.8% to 66.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €12k
Cash flow
€5k▼
2024 · €11k
Current ratio
0.96▲
2024 · 0.86
Debt to equity
2.00▲
2024 · 1.77
ROE
9.0%▼
2024 · 25.2%
ROA
3.0%▼
2024 · 9.1%
Interest coverage
11.78▼
2024 · 22.25
Debt ≤ 1 year
€72k▲
2024 · €58k
Income taxes
€944▼
2024 · €1k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€91k€108k▲
Fixed assets21/28€41k€39k▼
Tangible fixed assets22/27€36k€34k▼
Land and buildings22€34k€32k▼
Plant, machinery and equipment23€2k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€50k€69k▲
Amounts receivable within one year40/41€28k€32k▲
Trade receivables40€26k€30k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€21k€38k▲
Deferred charges and accrued income490/1€484€65▼
Equity and liabilities
Total equity and liabilities10/49€91k€108k▲
Equity10/15€33k€36k▲
Contributions10/11€6k€6k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€4k€7k▲
Amounts payable17/49€58k€72k▲
Amounts payable within one year42/48€58k€72k▲
Trade debts44-€23
Suppliers440/4-€23
Advances received on contracts in progress46€27k€33k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€25k€25k=
Income statement
Code20242025
Non-recurring operating income76A€620-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€16k€12k▼
Operating profit (loss)9901€10k€5k▼
Financial income75/76B€82-
Recurring financial income75€82-
Financial charges65/66B€551€593▲
Recurring financial charges65€551€593▲
Profit (loss) for the period before taxes9903€9k€4k▼
Income taxes67/77€1k€944▼
Profit (loss) for the period9904€8k€3k▼
Profit (loss) for the period to be appropriated9905€8k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€7k▲
Profit (loss) brought forward from the previous period14P€-4k€4k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ninove · 1 establishment unit since 2015
Ground area
669 m²
Building footprint
256 m²
Volume, LiDAR
1,546 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LOVILEN
since 20152.246.980.056
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41038A0538/00X002 | Flanders | 339 m² | 1 · 86 m² | 10.1 m · 3 fl. |
| 41038A0538/00R002 | Flanders | 330 m² | 1 · 170 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RLDESIGN
BE 0726.884.445
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IVS CONSTRUCT
BE 0682.534.956
Braine-l'Alleud · Eq €35,937
S.L. OPTICAL
BE 0870.818.983
Ittre · Eq €36,081
Smoqi
BE 0708.980.522
Beersel · Eq €35,907
NIMU CONSULT
BE 0838.906.973
Genk · Eq €36,127
Of 7,289 companies in sector 43350 we hold annual accounts for 2,360. 1,946 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2015
Fiscal year end30-06
Activities, NACEBEL 2025
43350Other building finishing work
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.