Financials
Financial year 2026
Luvanko from Koekelare, company number BE0535608660, closed financial year 2026 with a result of € 65,309 after tax. For that financial year Luvanko recorded a gross margin of € 146,877 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 265,854 to € 65,309. 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 October 29, 2026.
€ 1.3 million
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,309
▼ 75% vs 2025
Profit after tax over the fiscal year.
€ 112,841
▼ 44% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.3 million.
Debts at end 2026
€ 366,856
▼ 5% vs 2025
€ 21,884 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 616
▼ 95% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 10,967
▲ 7% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 104,687 | € 143,694 | € 131,238 | € 146,877 | ▲ 12% |
| Profit after taxes | € 59,412 | € 75,420 | € 265,854 | € 65,309 | ▼ 75% |
| Equity | € 881,940 | € 937,522 | € 1,203,377 | € 1,268,686 | ▲ 5% |
| Total debts | € 723,414 | € 630,526 | € 596,825 | € 501,976 | ▼ 16% |
| Cash | € 337,363 | € 255,876 | € 200,190 | € 112,841 | ▼ 44% |
| Land & buildings | € 362,557 | € 470,114 | € 642,324 | € 839,359 | ▲ 31% |
| Retained profit | € 869,540 | € 925,122 | € 1,190,977 | € 1,256,286 | ▲ 5% |
| Dividend | € 10,431 | € 19,838 | € 0 | € 0 | |
| Bank debt | € 400,000 | € 400,000 | € 387,999 | € 366,856 | ▼ 5% |
| Balance sheet total | € 1,605,354 | € 1,568,048 | € 1,800,201 | € 1,770,662 | ▼ 2% |
Key figures of Luvanko, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
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 2026: profit of € 65,309 (▼ 75% vs 2025). 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 € 59,412 profit in 2023 to € 65,309 profit in 2026.
Paid € 124,171 in corporate taxes since 2023.
Best year ever: 2025, with € 265,854 profit.
Paid out € 30,269 in dividends to the owners in total.
Management
Behind Luvanko is Stefaan Vandaele. It owns 25% of BSS itself.
Directors
According to the 2026 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