Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOVAN from Begijnendijk, company number BE0430312586, closed financial year 2025 with a result of € 21,131 after tax. For that financial year LOVAN recorded a gross margin of € 58,599 and equity of € 32,802. Compared with financial year 2024, the result moved from € 113,713 to € 21,131. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 1, 2026.
€ 32,802
▲ 181% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,131
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 19,335
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -211,121.
People and assets in 2025
€ 15,853
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 301,742
▲ € 270,118 vs 2024
Loans from banks and other lenders, long and short.
€ 8,920
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,772
▲ 287% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 80,015 | € 92,777 | € 181,721 | € 58,599 | ▼ 68% |
| Profit after taxes | € 43,999 | € 62,472 | € 113,713 | € 21,131 | ▼ 81% |
| Equity | € 1,486 | € 2,958 | € 11,671 | € 32,802 | ▲ 181% |
| Total debts | € 29,632 | € 66,579 | € 52,383 | € 584,805 | ▲ € 532,422 |
| Cash | € 12,447 | € 80 | € 13,477 | € 19,335 | ▲ 43% |
| Retained profit | € -408,437 | € -345,965 | € -232,252 | € -211,121 | ▲ € 21,131 |
| Bank debt | € 5,186 | € 47,657 | € 31,624 | € 301,742 | ▲ € 270,118 |
| Balance sheet total | € 31,119 | € 69,538 | € 64,054 | € 617,607 | ▲ € 553,553 |
Key figures of LOVAN, 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 LOVAN?
What happened at LOVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,131 (▼ 81% vs 2024). filed late Source: NBB ↗
- Yannick Van den Wouwer became a director. NBB
- New establishment in Begijnendijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,999 profit in 2022 to € 21,131 profit in 2025.
Paid € 97,497 in corporate taxes since 2022.
Best year ever: 2024, with € 113,713 profit.
Management
Behind LOVAN is Yannick Van den Wouwer. Yannick Van den Wouwer is also behind Vast en Zeker Goed and Vast en Zeker Grond.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Mechelbaan 120
3130 Begijnendijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.312.586
- VAT number
- BE 0430.312.586
- Registered office
- Mechelbaan 120, 3130 Begijnendijk
- Names & denominations
- LOVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1987
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
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Holdings
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