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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOVA from Gent, company number BE0795224905, closed financial year 2025 with a result of € 21,637 after tax. For that financial year LOVA recorded a gross margin of € 1.4 million and equity of € -155,795. Compared with financial year 2024, the result moved from € 101,423 to € 21,637. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ -155,795
▲ € 21,637 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,637
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ € 1.1 million 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 € -2.2 million.
Debts at end 2025
€ 18.1 million
▲ 6% vs 2024
€ 870,109 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 1.7 million
▲ € 1.7 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 764,411 | € 1,525,126 | € 1,435,866 | ▼ 6% |
| Profit after taxes | € -2,278,855 | € 101,423 | € 21,637 | ▼ 79% |
| Equity | € -278,855 | € -177,432 | € -155,795 | ▲ € 21,637 |
| Total debts | € 17,544,234 | € 17,286,696 | € 20,104,305 | ▲ 16% |
| Cash | € 124,493 | € 186,279 | € 1,255,099 | ▲ € 1.1 million |
| Land & buildings | € 16,715,547 | € 16,142,157 | € 18,406,910 | ▲ 14% |
| Retained profit | € -2,278,855 | € -2,177,432 | € -2,155,795 | ▲ € 21,637 |
| Bank debt | € 17,366,667 | € 17,100,000 | € 18,088,172 | ▲ 6% |
| Balance sheet total | € 17,265,379 | € 17,109,264 | € 19,948,511 | ▲ 17% |
Key figures of LOVA, fiscal years 2023 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 LOVA?
What happened at LOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,637 (▼ 79% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Lexxus BV became a director. NBB
- LVW Int. BV became a director. NBB
- Dirk De Cuyper became a director. NBB
- Intal BV became a director. NBB
- Peter De Cuyper became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2.3 million loss in 2023 to € 21,637 profit in 2025.
Best year ever: 2024, with € 101,423 profit.
Management
The stake of L R E, VALUEDEC, IMMO BELINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LOVABehind LOVA are Lexxus BV, LVW Int. BV, Dirk De Cuyper, Intal BV and Peter De Cuyper . The shares are held by L R E (45%), VALUEDEC (44.5%) and IMMO BELINVEST (33.4%).
Directors
According to the 2025 annual accounts
Director · represented by Louis Lannoo
Also active at: Ouverture Invest, Industry Project and Engineering Systems, L R E, Cresco, BIO-INCUBATOR ZWIJNAARDE, The Gates
since 2022
Director · represented by Dirk Lannoo
Also active at: FILLIERS DISTILLERY, Ouverture Invest, SPECIAL FRUIT, 2XL, FILLIERS & FILLIERS, LIBERTY INVEST, DOSSCHE INVEST, Mago Holding +8 more
since 2022
Dirk De Cuyper
Director
Also active at: Ouverture Invest, IMMO BELINVEST, IMMO TRADEC, RESILUX, TRADEC INVEST, TRADIDEC, Ecospenser Trading, Didec Management +4 more
since 2022
Director · represented by Johan Vanovenberghe
Also active at: Ouverture Invest, Archidimic, MALITHO, DE KRAAIBERG, PHYTO-TECHNICS, Pelikaanstraat, A-Stay, The House of Beauty +6 more
since 2022
Peter De Cuyper
Director
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1097D
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0795.224.905
- VAT number
- BE 0795.224.905
- Registered office
- Kortrijksesteenweg 1097D, 9051 Gent
- Names & denominations
- LOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2022
- Peppol
- Active · Active since 8 Dec 2025