LUVECO
ActiveSummary
The computed 12-month bankruptcy probability of LUVECO is 2.7% (moderate). The 2025 annual accounts show negative equity (-€114,390) and a net result of -€43,626. Equity is shrinking by ~3.8% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€14,501 | - |
| Other operating charges640/8 | - | €120 | €122 | €122 | €436 | ▲ 258% |
| Gross operating margin9900 | -€2,072 | -€2,526 | -€2,198 | -€2,336 | -€57,691 | ▼ 2,370% |
| Operating profit (loss)9901 | -€2,072 | -€2,646 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Financial charges65/66B | - | €125 | €0 | - | - | - |
| Recurring financial charges65 | €69 | €125 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€2,141 | -€2,771 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Profit (loss) for the period9904 | -€2,141 | -€2,771 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Profit (loss) for the period to be appropriated9905 | -€2,141 | -€2,771 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,504 | €43,504 | €43,636 | €43,636 | €132 | ▼ 99.7% |
| Current assets29/58 | €43,504 | €43,504 | €43,636 | €43,636 | €132 | ▼ 99.7% |
| Stocks and contracts in progress3 | €43,504 | €43,504 | €43,504 | €43,504 | €0 | ▼ 100% |
| Stocks30/36 | - | €43,504 | €43,504 | €43,504 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | - | - | €132 | €132 | €132 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,504 | €43,504 | €43,636 | €43,636 | €132 | ▼ 99.7% |
| Equity10/15 | -€63,216 | -€65,987 | -€68,306 | -€70,764 | -€114,390 | ▼ 61.6% |
| Contributions10/11 | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €112 | €112 | €112 | €112 | €112 | = |
| Non-distributable reserves130/1 | - | €112 | €112 | €112 | €112 | = |
| Reserves not available under the articles1311 | - | €112 | €112 | €112 | €112 | = |
| Profit (loss) carried forward14 | -€75,828 | -€78,599 | -€80,919 | -€83,376 | -€127,002 | ▼ 52.3% |
| Amounts payable17/49 | €106,719 | €109,491 | €111,942 | €114,400 | €114,522 | ▲ 0.1% |
| Amounts payable within one year42/48 | €106,372 | €109,491 | €111,942 | €114,400 | €114,522 | ▲ 0.1% |
| Financial debts43 | - | €215 | €0 | - | - | - |
| Credit institutions430/8 | - | €215 | €0 | - | - | - |
| Trade debts44 | €1,724 | €2,102 | €1,839 | €1,900 | €0 | ▼ 100% |
| Suppliers440/4 | - | €2,102 | €1,839 | €1,900 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €107,173 | €110,103 | €112,500 | €114,522 | ▲ 1.8% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,141 | -€2,771 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Operating cash flow (approximation) | -€2,141 | -€2,771 | -€2,319 | -€2,457 | -€43,626 | ▼ 1,675% |
| Change in cash | - | - | - | €0 | €0 | - |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44002B0139/00G000 | Flanders | 6,622 m² | 1 · 296 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.