What does LOVATRANS do?

LOVATRANS is a road haulage company in Kortemark. Private Limited, started on 8 January 1997, 1 establishment.

What is the address of LOVATRANS?

The registered office of LOVATRANS is located at Vlaestraat 14A, 8610 Kortemark.

Is LOVATRANS still active?

Yes. According to the CBE (31 October 2026) LOVATRANS is active, legal situation “Normale toestand”, started on 8 January 1997.

Is LOVATRANS registered on Peppol?

Yes, LOVATRANS is registered on the Peppol network with ID 0208:0459564422.

What is the enterprise number of LOVATRANS?

The enterprise number of LOVATRANS is BE0459564422.

When was LOVATRANS founded?

LOVATRANS was founded on 8 January 1997.

Who are the directors of LOVATRANS?

According to the 2025 annual accounts, the directors of LOVATRANS are: Patrick LOGGHE.

Is LOVATRANS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 January 1997; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did LOVATRANS make in 2025?

LOVATRANS posted a profit after taxes of € 9,307 in financial year 2025.

What is the revenue of LOVATRANS?

As a small company, LOVATRANS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 75,772.

LOVATRANS (Private Limited) - Kortemark - BE0459564422

Dossier LOVATRANS, printed on 31 October 2026 from databakkes.be/en/0459564422/lovatrans. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

LOVATRANS from Kortemark, company number BE0459564422, closed financial year 2025 with a result of € 9,307 after tax. For that financial year LOVATRANS recorded a gross margin of € 75,772 and equity of € 169,890. Compared with financial year 2024, the result moved from € 15,401 to € 9,307. 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 May 26, 2026.

What it is worth Growing

€ 169,890

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 9,307

▼ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 129,683

▲ 75% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1,666 paid out

18 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 65,435

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 50,638

▼ 34% vs 2024

€ 20,528 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 13,662

▲ 13% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 3,340

▼ 79% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 37,172 Gross margin 2022: € 37,172 First fiscal year in the series	€ 99,486 Gross margin 2023: € 99,486 ▲ 168% vs 2022 (€ 37,172) Favourable step	€ 62,397 Gross margin 2024: € 62,397 ▼ 37% vs 2023 (€ 99,486) Unfavourable step	€ 75,772 Gross margin 2025: € 75,772 ▲ 21% vs 2024 (€ 62,397) Favourable step	▲ 21%
Profit after taxes	€ 10,459 Profit after taxes 2022: € 10,459 First fiscal year in the series	€ 44,512 Profit after taxes 2023: € 44,512 ▲ € 34,052 vs 2022 (€ 10,459) Favourable step	€ 15,401 Profit after taxes 2024: € 15,401 ▼ 65% vs 2023 (€ 44,512) Unfavourable step	€ 9,307 Profit after taxes 2025: € 9,307 ▼ 40% vs 2024 (€ 15,401) Unfavourable step	▼ 40%
Equity	€ 121,098 Equity 2022: € 121,098 First fiscal year in the series	€ 148,514 Equity 2023: € 148,514 ▲ 23% vs 2022 (€ 121,098) Favourable step	€ 162,249 Equity 2024: € 162,249 ▲ 9% vs 2023 (€ 148,514) Favourable step	€ 169,890 Equity 2025: € 169,890 ▲ 5% vs 2024 (€ 162,249) Favourable step	▲ 5%
Total debts	€ 76,051 Total debts 2022: € 76,051 First fiscal year in the series	€ 142,617 Total debts 2023: € 142,617 ▲ 88% vs 2022 (€ 76,051) Unfavourable step	€ 112,094 Total debts 2024: € 112,094 ▼ 21% vs 2023 (€ 142,617) Favourable step	€ 71,739 Total debts 2025: € 71,739 ▼ 36% vs 2024 (€ 112,094) Favourable step	▼ 36%
Cash	€ 89,326 Cash 2022: € 89,326 First fiscal year in the series	€ 71,193 Cash 2023: € 71,193 ▼ 20% vs 2022 (€ 89,326) Unfavourable step	€ 74,275 Cash 2024: € 74,275 ▲ 4% vs 2023 (€ 71,193) Favourable step	€ 129,683 Cash 2025: € 129,683 ▲ 75% vs 2024 (€ 74,275) Favourable step	▲ 75%
Land & buildings	€ 1,841 Land & buildings 2022: € 1,841 First fiscal year in the series	€ 1,625 Land & buildings 2023: € 1,625 ▼ 12% vs 2022 (€ 1,841) Unchanged	€ 1,410 Land & buildings 2024: € 1,410 ▼ 13% vs 2023 (€ 1,625) Unchanged	€ 1,194 Land & buildings 2025: € 1,194 ▼ 15% vs 2024 (€ 1,410) Unchanged	▼ 15%
Retained profit	€ 102,506 Retained profit 2022: € 102,506 First fiscal year in the series	€ 129,922 Retained profit 2023: € 129,922 ▲ 27% vs 2022 (€ 102,506) Favourable step	€ 143,657 Retained profit 2024: € 143,657 ▲ 11% vs 2023 (€ 129,922) Favourable step	€ 151,298 Retained profit 2025: € 151,298 ▲ 5% vs 2024 (€ 143,657) Favourable step	▲ 5%
Dividend	€ 24,930 Dividend 2022: € 24,930 First fiscal year in the series	€ 17,096 Dividend 2023: € 17,096 ▼ 31% vs 2022 (€ 24,930) Unchanged	€ 1,666 Dividend 2024: € 1,666 ▼ 90% vs 2023 (€ 17,096) Unchanged	€ 1,666 Dividend 2025: € 1,666 Unchanged (€ 1,666) Unchanged
Bank debt	€ 28,979 Bank debt 2022: € 28,979 First fiscal year in the series	€ 98,230 Bank debt 2023: € 98,230 ▲ 239% vs 2022 (€ 28,979) Unfavourable step	€ 76,797 Bank debt 2024: € 76,797 ▼ 22% vs 2023 (€ 98,230) Favourable step	€ 50,638 Bank debt 2025: € 50,638 ▼ 34% vs 2024 (€ 76,797) Favourable step	▼ 34%
Balance sheet total	€ 197,149 Balance sheet total 2022: € 197,149 First fiscal year in the series	€ 297,350 Balance sheet total 2023: € 297,350 ▲ 51% vs 2022 (€ 197,149) Unchanged	€ 279,082 Balance sheet total 2024: € 279,082 ▼ 6% vs 2023 (€ 297,350) Unchanged	€ 244,889 Balance sheet total 2025: € 244,889 ▼ 12% vs 2024 (€ 279,082) Unchanged	▼ 12%

Key figures of LOVATRANS, 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 LOVATRANS?

What happened at LOVATRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 26, 2026 New annual accounts for financial year 2025: profit of € 9,307 (▼ 40% vs 2024). Source: NBB ↗
Feb 17, 1997 New establishment in Kortemark. KBO
Jan 8, 1997 Start of the company according to the CBE. KBO

In short

From € 10,459 profit in 2022 to € 9,307 profit in 2025.

Paid € 29,050 in corporate taxes since 2022.

Best year ever: 2023, with € 44,512 profit.

Paid out € 45,359 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Patrick LOGGHE

LOVATRANS

Behind LOVATRANS is Patrick LOGGHE.

Directors

According to the 2025 annual accounts

Patrick LOGGHE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Vlaestraat 14A

8610 Kortemark

2.080.463.720

Vlaestraat 14 A

8610 Kortemark

Active since 17 February 1997

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0459.564.422
VAT number: BE 0459.564.422
Registered office: Vlaestraat 14A, 8610 Kortemark
Names & denominations: LOVATRANS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 8 January 1997
Peppol: Active · Active since 22 Nov 2025
Activities · NACE: Goederenvervoer over de weg

View on CBE Public ↗ Annual accounts (NBB) ↗