Financials
Financial year 2025
LOVANEX from Roeselare, company number BE0436989057, closed financial year 2025 with a result of € 527,523 after tax. For that financial year LOVANEX recorded revenue of € 17.2 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 496,682 to € 527,523. Profitable, and profit is growing. 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 July 3, 2026.
€ 2.9 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 527,523
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 359,428
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 136,595 paid out
26 % of the profit went to the shareholders, mostly to VDW Consult (100 % of the shares). That is where the money ends up.
People and assets in 2025
39.9
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 3% vs 2024
€ 69,900 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.
€ 551,952
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 17% vs 2024
€ 121,999 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 202,799
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 6 days on average.
€ 345,652
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,991,313 | € 21,567,845 | € 19,126,774 | € 17,174,107 | ▼ 10% |
| Profit after taxes | € 381,896 | € 658,145 | € 496,682 | € 527,523 | ▲ 6% |
| Equity | € 1,403,028 | € 2,061,173 | € 2,468,959 | € 2,859,887 | ▲ 16% |
| Total debts | € 5,165,693 | € 4,573,857 | € 4,367,888 | € 3,453,322 | ▼ 21% |
| Cash | € 508,703 | € 800,481 | € 734,072 | € 359,428 | ▼ 51% |
| Land & buildings | € 924,555 | € 882,291 | € 713,476 | € 700,345 | ▼ 2% |
| Retained profit | € 1,228,871 | € 1,887,016 | € 2,294,801 | € 2,685,729 | ▲ 17% |
| Dividend | € 117,492 | € 0 | € 88,897 | € 136,595 | ▲ 54% |
| Bank debt | € 2,578,194 | € 1,918,089 | € 2,070,553 | € 1,728,602 | ▼ 17% |
| Balance sheet total | € 6,568,722 | € 6,635,030 | € 6,836,847 | € 6,313,209 | ▼ 8% |
| Employees (FTE) | 41.4 | 41.3 | 41.8 | 39.9 | ▼ 1.9 |
By revenue, LOVANEX ranks 3rd of 6 companies with main activity “Detailhandel in meubels” in West Flanders that publish figures (fiscal year 2025).
Key figures of LOVANEX, 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.
Ask about LOVANEX the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LOVANEX?
What happened at LOVANEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 527,523 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Wemmel. KBO
- VDW Consult NV became a director. NBB
- Jovanext BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Roeselare. KBO
- Greet Loyson became a director. NBB
- Piet Vandewalle became a director. NBB
In short
From € 381,896 profit in 2022 to € 527,523 profit in 2025.
Paid € 770,539 in corporate taxes since 2022.
Best year ever: 2023, with € 658,145 profit.
Paid out € 342,984 in dividends to the owners in total.
Management
Behind LOVANEX are Jovanext BV, VDW Consult NV, Greet Loyson and Piet Vandewalle. The shares are held by VDW Consult (100%). It owns 100% of Deb Keukens itself.
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Marlies Vandewalle
since 2024
since 2012
since 2012
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Liebeekstraat 16
8800 Roeselare
Sint-Pieterskaai 74
8000 Brugge
Active since 3 February 1998
Brugsesteenweg 429
8800 Roeselare
Active since 30 March 1989
Kortrijksesteenweg 139 box 1
9830 Sint-Martens-Latem
Active since 1 July 2018
Is. Meyskensstraat 224 box 4
1780 Wemmel
Active since 1 April 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0436.989.057
- VAT number
- BE 0436.989.057
- Registered office
- Liebeekstraat 16, 8800 Roeselare
- Names & denominations
- LOVANEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 1989
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Detailhandel in meubels
Detailhandel in huismeubilair
Schrijnwerk
Schrijnwerk van hout of van kunststof
Detailhandel in huismeubilair in gespecialiseerde winkels
Detailhandel in elektrische huishoudapparaten
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Groothandel in huismeubilair
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