Financials
Financial year 2025
Lo.Ve.Mat from Seraing, company number BE0422746289, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Lo.Ve.Mat recorded revenue of € 60.1 million and equity of € 19 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 19 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 3.4 million
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
34 % of the profit went to the shareholders, mostly to HBB (100 % of the shares). That is where the money ends up.
People and assets in 2025
47.5
▲ 6.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 10% vs 2024
€ 72,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.4 million
▲ 157% vs 2024
Of which on lease € 959,500.
Debts at end 2025
€ 3.3 million
▲ 18% vs 2024
€ 434,540 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 7.3 million
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 408,786
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,943,442 | € 56,397,177 | € 53,638,162 | € 60,064,839 | ▲ 12% |
| Profit after taxes | € 2,367,334 | € 2,021,581 | € 1,792,989 | € 1,451,749 | ▼ 19% |
| Equity | € 15,507,224 | € 17,016,851 | € 18,056,029 | € 19,000,945 | ▲ 5% |
| Total debts | € 10,834,578 | € 9,696,996 | € 8,934,842 | € 11,470,356 | ▲ 28% |
| Cash | € 3,481,128 | € 5,128,920 | € 3,192,726 | € 3,388,308 | ▲ 6% |
| Land & buildings | € 3,706,973 | € 3,505,463 | € 4,825,622 | € 4,588,864 | ▼ 5% |
| Retained profit | € 11,762,052 | € 13,427,520 | € 15,266,272 | € 16,361,909 | ▲ 7% |
| Dividend | € 500,000 | € 500,000 | € 500,000 | € 500,000 | |
| Bank debt | € 3,002,395 | € 2,537,636 | € 2,770,653 | € 3,281,276 | ▲ 18% |
| Balance sheet total | € 26,370,133 | € 26,738,731 | € 27,012,334 | € 30,489,343 | ▲ 13% |
| Employees (FTE) | 40.5 | 41.9 | 40.6 | 47.5 | ▲ 6.9 |
Key figures of Lo.Ve.Mat, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Lo.Ve.Mat?
What happened at Lo.Ve.Mat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antoine BOVEROUX stepped down as director. NBB
- HBB SRL stepped down as director. NBB
- HFB-Holding Familial Boveroux SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Wavre. KBO
- HFB-Holding Familial Boveroux SA became a director. NBB
- Antoine BOVEROUX became a director. NBB
- HBB SRL became a director. NBB
In short
From € 2.4 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.4 million profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of HBB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lo.Ve.MatThe shares are held by HBB (100%).
Directors
According to the 2025 annual accounts
Antoine BOVEROUX
Director
Also active at: Services techniques et Industriels, HFB-Holding Familial Boveroux
since 2023 · until 2031
Director · represented by Bernard BOVEROUX
Also active at: Services techniques et Industriels, Socapi, B.S. SERVICES, Futura commercii
since 2023 · until 2031
HFB-Holding Familial Boveroux SA
Director · represented by Kilesse André
Also active at: Services techniques et Industriels, B.S. SERVICES
since 2025 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Têris 42
4100 Seraing
Avenue Lavoisier 13
1300 Wavre
Active since 1 January 2018
Chaussée de Namur 150 box Zoning 3B
1300 Wavre
Active since 10 August 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.746.289
- VAT number
- BE 0422.746.289
- Registered office
- Rue du Têris 42, 4100 Seraing
- Names & denominations
- Lo.Ve.Mat
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1982
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment
Overige gespecialiseerde bouwactiviteiten, neg
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Verhuur van machines en installaties voor de bouwnijverheid
+2