Higher solvency than 95% of companies in creative and performing arts. Sector median 40.6% · 480 companies.
2023 accounts not filed, 830 days past the deadline2022 figures too old to score
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,431 companies (NACE 90, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: < 0.1%lowest value01-2025: < 0.1%● unchanged vs 12-202402-2025: < 0.1%● unchanged vs 01-202503-2025: < 0.1%● unchanged vs 02-2025highest value04-2025: < 0.1%● unchanged vs 03-202505-2025: < 0.1%● unchanged vs 04-202506-2025: < 0.1%● unchanged vs 05-202507-2025: < 0.1%● unchanged vs 06-202508-2025: < 0.1%● unchanged vs 07-202509-2025: < 0.1%● unchanged vs 08-202510-2025: < 0.1%● unchanged vs 09-202511-2025: < 0.1%● unchanged vs 10-202512-2025: < 0.1%● unchanged vs 11-202501-2026: < 0.1%● unchanged vs 12-202502-2026: < 0.1%● unchanged vs 01-202603-2026: < 0.1%● unchanged vs 02-202604-2026: < 0.1%● unchanged vs 03-202605-2026: < 0.1%● unchanged vs 04-202606-2026: < 0.1%● unchanged vs 05-202607-2026: < 0.1%● unchanged vs 06-202608-2026: < 0.1%● unchanged vs 07-202609-2026: < 0.1%● unchanged vs 08-202610-2026: < 0.1%● unchanged vs 09-202611-2026: < 0.1%● unchanged vs 10-2026
Financial strength, FY 2022
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Strong
100=equity 99.1% of total assets
100=short-term debt 0.9% · cash 95.8%
0-60return on assets -27.8%
Credit check for an amount and term of your choice
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.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 144 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Registered office moved from Mariakere to Wondelgem
New registered office: Waterhoenlaan 13, 9032 Wondelgem · Previous registered office: Damstraat nr.38, 9030 Mariakere · Resignations: Ben SCHAUMONT, Laura BOGAERT and Jochen MERLIER · General meeting of 11-02-2021 · Gazette deed
Incorporation
published on 16-04-2012 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (creative and performing arts (NACE 90)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as LOVUS: promotion and organisation of arts and performing arts events (NACE 90391). They are comparable in size and age: total assets between €14,700 and €45,100, founded between 2009 and 2015.
For LOVUS, at least two annual filings are missing. The 2022 annual accounts show equity of €21,409 and a net result of -€6,008.
Its solvency ranks better than 95% of 480 sector peers (NACE 90, financial year 2022). The association has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
The computed 12-month bankruptcy probability is below 0.1% (very low).
abbreviated format, filed on 11-01-2023, 201 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
2023 annual accounts not yet filed, deadline passed on 31 July 2024The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 8 November 2026.
€35,044
▲ 27.9%
-€5,889
▼ €8,402
-
-
99.1%
▼ 0.9 percentage points
-
Money flows
of every €100 of turnover, €17.14 was lost in 2022
Balance sheet
balance sheet total €21,607 on 31-12-2022
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2022
2021
27
52
-6,002
-
21,331
-
-16.8%
9.2%
99.1%
100.0%
0.01
-
-28.1%
8.9%
-27.8%
8.9%
9 days
9 days
2 days
-
A ratio outside any meaningful range has been withheld (balance sheet total €21,607, equity €21,409).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2022
2021
Financial fixed assets
€27
€52
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Insights on LOVUS
The operating result for 2022 is a loss of €5,889, after a profit of €2,513 in 2021.
Debt's share of the balance-sheet total is 0.9%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Annual accounts 2022 filedPDFabbreviated format · 201 days before the deadline
2022
Annual accounts 2021 filedPDFabbreviated format · 87 days before the deadline
2021
Registered office moved from Mariakere to WondelgemNew registered office: Waterhoenlaan 13, 9032 Wondelgem · Previous registered office: Damstraat nr.38, 9030 Mariakere · Resignations: Ben SCHAUMONT, Laura BOGAERT and Jochen MERLIER · General meeting of 11-02-20218 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
LOVUS was incorporated on 8 March 2012.1The registered office was moved to Wondelgem in 2021.2The company has filed 2 sets of annual accounts, the latest for financial year 2022.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
90021Arts creation and performing arts activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Evenementen,optredens en activiteiten van allerlei aard te organiseren en mede-organiseren; Activiteiten opzetten die tot doel hebben zowel…”
10 activities
Evenementen,optredens en activiteiten van allerlei aard te organiseren en mede-organiseren
Activiteiten opzetten die tot doel hebben zowel het grote publiek vertrouwder te maken met hedendaagse kunst en cultuur,als het samenbrengen van een gespecialiseerd publiek,ter bevordering van een culturele informatie-uitwisseling en uitstraling
Alle culturele activiteiten en producten die ze interessant acht zowel administratief te ondersteunen als te promoten,bekend te maken en te verspreiden
Als adviesorgaan optreden voor andere organisaties
Muzikale en audiovisuele werken te componeren,uit te voeren,op te nemen,te produceren,te promoten,te verspreiden en te exploiteren
Optreden als uitgever van literaire,muzikale en audiovisuele werken
Meer algemeen alle middelen aanwenden die tot de verwezenlijking van het doel rechtstreeks of onrechtstreeks bijdragen
Alle eigendommen of zakelijke rechten verwerven,in huur nemen,verhuren,personeel aanwerven,rechtsgeldige overeenkomsten sluiten,fondsen inzamelen,kortom alle activiteiten uitoefenen of laten uitoefenen die haar doel rechtvaardigen
Daden van koophandel stellen
Individuele overeenkomsten zowel met privé-als met rechtspersonen afsluiten,om welke redenen ook,subsidies verwerven,zowel van de overheid als van private instellingen,aan sponsoring doen en vertegenwoordigers uitzenden in binnen-en buitenland en zelf als vertegenwoordiger optreden