LOVUS
ActiveSummary
For LOVUS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €21k and a net result of €-6k. Its solvency ranks better than 95% of 481 sector peers (fiscal year 2022). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-60
Solvency100=
Growth55
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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 · 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 2022Solvency, return and age of the figures
Solvency
99.1%
Return on assets
-27.8%
Age of the figures
45 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-01-2023, 201 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
201 d early
2021
87 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Turnover
€35k▲ 27.9%
2021 · €27k
2021: €27k
2022: €35k▲ +27.9% vs 2021
2021 → 2022
EBIT margin
-16.8%▼ 26.0pp
2021 · 9.2%
2021: 9.2%
2022: -16.8%▼ -283% vs 2021
2021 → 2022
Net result
€-6k
2021 · €2k
2021: €2k
2022: €-6k▼ -347% vs 2021
2021 → 2022
Working capital
€21k
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Turnover€27k-€35k▲ 27.9%
2021: €27k
2022: €35k▲ +27.9% vs 2021
Equity€27k-€21k▼ 21.9%
2021: €27k
2022: €21k▼ -21.9% vs 2021
Operating result€3k-€-6k
2021: €3k
2022: €-6k▼ -334% vs 2021
Net result€2k-€-6k
2021: €2k
2022: €-6k▼ -347% vs 2021
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €6k after €3k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €22k
Fixed assets
€78 ▲ 51.7%
Current assets
€22k ▼ 21.3%
Equity and liabilities €22k
Equity
€21k
Debt
€197
Debt finances 0.9% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.01
ROE
-28.1%▼
2021 · 8.9%
ROA
-27.8%▼
2021 · 8.9%
Debt ≤ 1 year
€197
A ratio outside any meaningful range has been withheld (balance sheet total €22k, equity €21k).
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 · 2022 against 2021 · 27 lines
Balance sheet
Code20212022
Assets
Total assets20/58€27k€22k▼
Fixed assets21/28€52€78▲
Financial fixed assets28€52€78▲
Current assets29/58€27k€22k▼
Amounts receivable within one year40/41€671€836▲
Other amounts receivable41€671€836▲
Cash at bank and in hand54/58€27k€21k▼
Equity and liabilities
Total equity and liabilities10/49€27k€22k▼
Equity10/15€27k€21k▼
Profit (loss) carried forward14€27k€21k▼
Amounts payable17/49-€197
Amounts payable within one year42/48-€197
Trade debts44-€197
Suppliers440/4-€197
Income statement
Code20212022
Turnover70€27k€35k▲
Goods, raw materials, services and sundry goods60/61€37k€48k▲
Gross operating margin9900€3k€-6k▼
Operating profit (loss)9901€3k€-6k▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€80€119▲
Recurring financial charges65€80€119▲
Profit (loss) for the period before taxes9903€2k€-6k▼
Profit (loss) for the period9904€2k€-6k▼
Profit (loss) for the period to be appropriated9905€2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€21k▼
Profit (loss) brought forward from the previous period14P€25k€27k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Turnover70 | €27k | €35k | ▲ 27.9% |
| Goods, raw materials, services and sundry goods60/61 | €37k | €48k | ▲ 28.0% |
| Gross operating margin9900 | €3k | €-6k | ▼ 334% |
| Operating profit (loss)9901 | €3k | €-6k | ▼ 334% |
| Financial income75/76B | €3 | €0 | ▼ 84.9% |
| Recurring financial income75 | €3 | €0 | ▼ 84.9% |
| Financial charges65/66B | €80 | €119 | ▲ 48.8% |
| Recurring financial charges65 | €80 | €119 | ▲ 48.8% |
| Profit (loss) for the period before taxes9903 | €2k | €-6k | ▼ 347% |
| Profit (loss) for the period9904 | €2k | €-6k | ▼ 347% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-6k | ▼ 347% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €27k | €22k | ▼ 21.2% |
| Fixed assets21/28 | €52 | €78 | ▲ 51.7% |
| Financial fixed assets28 | €52 | €78 | ▲ 51.7% |
| Current assets29/58 | €27k | €22k | ▼ 21.3% |
| Amounts receivable within one year40/41 | €671 | €836 | ▲ 24.5% |
| Other amounts receivable41 | €671 | €836 | ▲ 24.5% |
| Cash at bank and in hand54/58 | €27k | €21k | ▼ 22.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €27k | €22k | ▼ 21.2% |
| Equity10/15 | €27k | €21k | ▼ 21.9% |
| Profit (loss) carried forward14 | €27k | €21k | ▼ 21.9% |
| Amounts payable17/49 | - | €197 | - |
| Amounts payable within one year42/48 | - | €197 | - |
| Trade debts44 | - | €197 | - |
| Suppliers440/4 | - | €197 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-6k | ▼ 347% |
| Operating cash flow (approximation) | €2k | €-6k | ▼ 347% |
| Investment in fixed assets (approximation) | - | €-27 | - |
| Change in cash | - | €-6k | - |
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
2023
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
NBB filing
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Gent
Ground area
670 m²
Building footprint
144 m²
Volume, LiDAR
418 m³
Parcel 44074C0557/00Y000, Flanders · tallest building 3.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0557/00Y000 | Flanders | 670 m² | 1 · 144 m² | 3.7 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Kunst&vliegmerk
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BE 1001.841.041
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Studio des variétés Wallonie - Bruxelles
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Liège · Eq €21,655
La Zone, Centre de Création, de Production et de Diffusion artistiques
BE 0435.729.542
Liège · Eq €21,685
ODDITIES
BE 1004.018.195
Châtelet · Eq €21,702
Of 3,523 companies in sector 90391 we hold annual accounts for 681. 462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded08-03-2012
Fiscal year end31-12
Abbreviation NL
LVS
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
Scores and ratios are computed by Checked and are not a credit decision.