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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lovu from Waasmunster, company number BE0835465354, closed financial year 2025 with a result of € 266,769 after tax. For that financial year Lovu recorded a gross margin of € 97,310 and equity of € 838,806. Compared with financial year 2024, the result moved from € 75,155 to € 266,769. 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 July 31, 2026.
€ 838,806
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 266,769
▲ 255% vs 2024
Profit after tax over the fiscal year.
€ 48,837
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,461 paid out
49 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 7,026
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 618,346
▲ 47% vs 2024
€ 2,967 is repaid this year. At this pace the long-term loan is gone in ≈ 208 years.
€ 1,220
▲ 152% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,150
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,830 | € 90,603 | € 124,626 | € 97,310 | ▼ 22% |
| Profit after taxes | € 24,441 | € 211,742 | € 75,155 | € 266,769 | ▲ 255% |
| Equity | € 415,601 | € 627,343 | € 702,498 | € 838,806 | ▲ 19% |
| Total debts | € 84,250 | € 1,021,526 | € 963,999 | € 1,208,659 | ▲ 25% |
| Cash | € 358,365 | € 130,043 | € 94,604 | € 48,837 | ▼ 48% |
| Land & buildings | € 52,618 | € 49,244 | € 46,313 | € 777,654 | ▲ € 731,340 |
| Retained profit | € 397,001 | € 608,743 | € 683,898 | € 820,206 | ▲ 20% |
| Dividend | € 110,943 | € 0 | € 0 | € 130,461 | |
| Bank debt | € 25,139 | € 421,553 | € 420,971 | € 618,346 | ▲ 47% |
| Balance sheet total | € 499,851 | € 1,648,869 | € 1,666,497 | € 2,047,465 | ▲ 23% |
Key figures of Lovu, 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 Lovu?
What happened at Lovu in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 266,769 (▲ 255% vs 2024). Source: NBB ↗
- Louis Van Hulle became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,441 profit in 2022 to € 266,769 profit in 2025.
Paid € 131,967 in corporate taxes since 2022.
Best year ever: 2025, with € 266,769 profit.
Paid out € 241,404 in dividends to the owners in total.
Management
Behind Lovu is Louis Van Hulle. It owns 50% of Ghijsbert itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Potaardestraat 71
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0835.465.354
- VAT number
- BE 0835.465.354
- Registered office
- Potaardestraat 71, 9250 Waasmunster
- Names & denominations
- Lovu
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2011
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings