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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lovely Home from Maldegem, company number BE0828863020, closed financial year 2025 with a result of € -14,645 after tax. For that financial year Lovely Home recorded a gross margin of € 8,044 and equity of € -50,564. Compared with financial year 2024, the result moved from € 199 to € -14,645. The company made a loss. 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 July 17, 2026.
€ -50,564
▼ € 14,645 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,645
▼ still € 199 profit in 2024
Profit after tax over the fiscal year.
€ 9,598
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,964.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,250
▲ 41% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 13,840
Loans from banks and other lenders, long and short.
€ 7,615
▲ 121% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,681
▲ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,809 | € 18,865 | € 16,080 | € 8,044 | ▼ 50% |
| Profit after taxes | € 926 | € 1,725 | € 199 | € -14,645 | ▼ € 14,844 |
| Equity | € -37,842 | € -36,118 | € -35,919 | € -50,564 | ▼ € 14,645 |
| Total debts | € 51,792 | € 53,852 | € 44,973 | € 65,390 | ▲ 45% |
| Cash | € 7,027 | € 11,814 | € 5,860 | € 9,598 | ▲ 64% |
| Retained profit | € -50,242 | € -48,518 | € -48,319 | € -62,964 | ▼ € 14,645 |
| Bank debt | € 14,090 | € 13,840 | € 13,840 | € 13,840 | |
| Balance sheet total | € 13,949 | € 17,735 | € 9,054 | € 14,826 | ▲ 64% |
Key figures of Lovely Home, 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 Lovely Home?
What happened at Lovely Home in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,645 (▼ € 14,844 vs 2024). Source: NBB ↗
- Nicole Maenhout became a director. NBB
- Francine Dezutter stepped down as director. NBB
- New establishment in Maldegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 926 profit in 2022 to € 14,645 loss in 2025.
Best year ever: 2023, with € 1,725 profit.
Management
Behind Lovely Home is Nicole Maenhout. Nicole Maenhout is also behind AUTONOOM GEMEENTEBEDRIJF MALDEGEM.
Directors
According to the 2025 annual accounts
since 2025
Francine Dezutter
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Marktstraat 42
9990 Maldegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.863.020
- VAT number
- BE 0828.863.020
- Registered office
- Marktstraat 42, 9990 Maldegem
- Names & denominations
- Lovely Home
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Andere drinkgelegenheden