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 15 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LOVIAS from Tielt-Winge, company number BE0476637313, closed financial year 2025 with a result of € -129,755 after tax. For that financial year LOVIAS recorded a gross margin of € 52,110 and equity of € 972,037. Compared with financial year 2024, the result moved from € 27,176 to € -129,755. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 972,037
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -129,755
▼ still € 27,176 profit in 2024
Profit after tax over the fiscal year.
€ 33,701
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 953,437.
People and assets in 2025
€ 25,547
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▲ 9% vs 2024
€ 154,176 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 23,694
▲ 169% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,424
▼ 89% 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 | € 787,389 | € 949,344 | € 16,483 | € 52,110 | ▲ 216% |
| Profit after taxes | € 95,109 | € 502,832 | € 27,176 | € -129,755 | ▼ € 156,931 |
| Equity | € 961,998 | € 1,464,829 | € 1,101,792 | € 972,037 | ▼ 12% |
| Total debts | € 3,259,820 | € 2,660,818 | € 2,659,548 | € 2,491,052 | ▼ 6% |
| Cash | € 8,885 | € 188,819 | € 47,022 | € 33,701 | ▼ 28% |
| Land & buildings | € 3,440,623 | € 3,315,660 | € 3,135,908 | € 3,288,570 | ▲ 5% |
| Retained profit | € 822,798 | € 1,325,629 | € 1,083,192 | € 953,437 | ▼ 12% |
| Dividend | € 100,000 | € 0 | € 269,613 | € 0 | ▼ 100% |
| Bank debt | € 2,886,575 | € 2,330,301 | € 2,155,940 | € 2,346,938 | ▲ 9% |
| Balance sheet total | € 4,221,817 | € 4,125,647 | € 3,761,340 | € 3,463,089 | ▼ 8% |
| Employees (FTE) | 6.1 | - | - | - |
Key figures of LOVIAS, 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 LOVIAS?
What happened at LOVIAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 129,755 (▼ € 156,931 vs 2024). Source: NBB ↗
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 95,109 profit in 2022 to € 129,755 loss in 2025.
Paid € 248,611 in corporate taxes since 2022.
Best year ever: 2023, with € 502,832 profit.
On average € 129,100 of value added per employee in 2022.
Management
Behind LOVIAS is Jochen Scheys. It owns 100% of Jochen Scheys itself.
Directors
According to the 2025 annual accounts
Jochen Scheys
Director
Establishments
Establishment units
Physical locations of this company
Hazelaarsstraat 20
3391 Tielt-Winge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0476.637.313
- VAT number
- BE 0476.637.313
- Registered office
- Hazelaarsstraat 20, 3391 Tielt-Winge
- Names & denominations
- LOVIAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2002
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
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