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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Annual account missing NBB
Fiscal year 2024 was expected before 30 January 2025 and has not been filed.
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Busy address KBO
173 other companies have their registered office at the same address; threshold 10.
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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 2023
LOVAD from Drogenbos, company number BE0740714566, closed financial year 2023 with a result of € -1,446 after tax. For that financial year LOVAD recorded a gross margin of € 31,162 and equity of € 116,656. Compared with financial year 2022, the result moved from € 9,753 to € -1,446. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2024.
€ 116,656
▼ 1% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,446
▼ still € 9,753 profit in 2022
Profit after tax over the fiscal year.
€ 19,979
▲ 93% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 111,656.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,647
▼ 32% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 146,853
▲ € 145,481 vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 33,445
▲ 4% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 136,373 | € 31,462 | € 31,162 | ▼ 1% |
| Profit after taxes | € 103,349 | € 9,753 | € -1,446 | ▼ € 11,199 |
| Equity | € 108,349 | € 118,102 | € 116,656 | ▼ 1% |
| Total debts | € 49,437 | € 33,601 | € 180,299 | ▲ € 146,698 |
| Cash | € 77,361 | € 10,368 | € 19,979 | ▲ 93% |
| Retained profit | € 103,349 | € 113,102 | € 111,656 | ▼ 1% |
| Balance sheet total | € 157,786 | € 151,703 | € 296,955 | ▲ 96% |
Key figures of LOVAD, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to LOVAD?
What happened at LOVAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 1,446 (▼ € 11,199 vs 2022). Source: NBB ↗
- New establishment in Virton. KBO
- Vasile DZITAC became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 103,349 profit in 2021 to € 1,446 loss in 2023.
Paid € 36,445 in corporate taxes since 2021.
Best year ever: 2021, with € 103,349 profit.
Management
Behind LOVAD is Vasile DZITAC.
Directors
According to the 2023 annual accounts
Vasile DZITAC
Director
since 2020
Establishments
Establishment units
Physical locations of this company
W.A. Mozartlaan 2
1620 Drogenbos
Rue de la Résistance 6 box B0
6760 Virton
Active since 3 January 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 173 companies are registered at this address.
All companies at this address →Montanas
€ 12,970 gross margin · 2025
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€ 37,074 gross margin · 2025
VODACORP
€ -3,260 gross margin · 2025
COMIVA
€ 15,254 gross margin · 2025
BOLDING BB
€ 48,106 gross margin · 2025
+168 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.714.566
- VAT number
- BE 0740.714.566
- Registered office
- W.A. Mozartlaan 2, 1620 Drogenbos
- Names & denominations
- LOVAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2020
- Peppol
- Not registered