Financials
Financial year 2025
Luvanko from Koekelare, company number BE0535608660, closed financial year 2025 with a result of € 265,854 after tax. For that financial year Luvanko recorded a gross margin of € 131,238 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 75,420 to € 265,854. 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 October 27, 2025.
€ 1.2 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 265,854
▲ 252% vs 2024
Profit after tax over the fiscal year.
€ 200,190
▼ 22% 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 € 1.2 million.
Debts at end 2025
€ 387,999
▼ 3% vs 2024
€ 21,143 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 12,246
▲ € 9,454 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,216
▲ 86% 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 | € 84,492 | € 104,687 | € 143,694 | € 131,238 | ▼ 9% |
| Profit after taxes | € 58,296 | € 59,412 | € 75,420 | € 265,854 | ▲ 252% |
| Equity | € 832,959 | € 881,940 | € 937,522 | € 1,203,377 | ▲ 28% |
| Total debts | € 80,004 | € 723,414 | € 630,526 | € 596,825 | ▼ 5% |
| Cash | € 32,950 | € 337,363 | € 255,876 | € 200,190 | ▼ 22% |
| Land & buildings | - | € 362,557 | € 470,114 | € 642,324 | ▲ 37% |
| Retained profit | € 820,559 | € 869,540 | € 925,122 | € 1,190,977 | ▲ 29% |
| Dividend | € 36,834 | € 10,431 | € 19,838 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 400,000 | € 400,000 | € 387,999 | ▼ 3% |
| Balance sheet total | € 912,963 | € 1,605,354 | € 1,568,048 | € 1,800,201 | ▲ 15% |
Key figures of Luvanko, 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 October 2026.
What happened to Luvanko?
What happened at Luvanko in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 265,854 (▲ 252% vs 2024). Source: NBB ↗
- Stefaan Vandaele became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,296 profit in 2022 to € 265,854 profit in 2025.
Paid € 121,013 in corporate taxes since 2022.
Best year ever: 2025, with € 265,854 profit.
Paid out € 67,103 in dividends to the owners in total.
Management
Behind Luvanko is Stefaan Vandaele. It owns 25% of BSS itself.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Ringlaan 68 box a
8680 Koekelare
Wijnendalestraat 177
8800 Roeselare
Active since 11 June 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0535.608.660
- VAT number
- BE 0535.608.660
- Registered office
- Ringlaan 68 bus a, 8680 Koekelare
- Names & denominations
- Luvanko
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2013
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants