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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOVACAR from Waterloo, company number BE0843268114, closed financial year 2025 with a result of € 233,474 after tax. For that financial year LOVACAR recorded a gross margin of € 531,630 and equity of € 634,534. Compared with financial year 2024, the result moved from € 145,825 to € 233,474. Profitable, and profit is growing. 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 July 28, 2026.
€ 634,534
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,474
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 169,187
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 340,909 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 88,571
▲ 7% vs 2024
€ 88,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,187
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 473,822
▼ 7% vs 2024
€ 33,963 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 9,658
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 262,076
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 355,072 | € 108,440 | € 346,056 | € 531,630 | ▲ 54% |
| Profit after taxes | € 164,395 | € -41,936 | € 145,825 | € 233,474 | ▲ 60% |
| Equity | € 688,081 | € 646,145 | € 741,970 | € 634,534 | ▼ 14% |
| Total debts | € 1,214,257 | € 1,016,414 | € 1,126,035 | € 990,628 | ▼ 12% |
| Cash | € 184,643 | € 346,194 | € 338,024 | € 169,187 | ▼ 50% |
| Land & buildings | € 565,098 | € 536,588 | € 508,077 | € 479,567 | ▼ 6% |
| Retained profit | € 669,481 | € 627,545 | € 723,370 | € 615,934 | ▼ 15% |
| Dividend | € 0 | € 0 | € 50,000 | € 340,909 | ▲ € 290,909 |
| Bank debt | € 778,705 | € 572,523 | € 506,799 | € 473,822 | ▼ 7% |
| Balance sheet total | € 1,902,338 | € 1,662,559 | € 1,868,005 | € 1,625,163 | ▼ 13% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of LOVACAR, 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 LOVACAR?
What happened at LOVACAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 233,474 (▲ 60% vs 2024). Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 164,395 profit in 2022 to € 233,474 profit in 2025.
Paid € 205,995 in corporate taxes since 2022.
Best year ever: 2025, with € 233,474 profit.
On average € 531,600 of value added per employee in 2025.
Management
Behind LOVACAR is FABRICE LO VASCO. FABRICE LO VASCO is also behind IMMOBILIERE JOFRAN and LOVA GROUP.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 465
1410 Waterloo
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AS-VULTR - The Constant Company, LLC, US
DNS
Cloudflare DNS
Domain
Domain
lovacar.be
Registered
2012-03-01
Website info
Features
Security
Details
- Company number
- 0843.268.114
- VAT number
- BE 0843.268.114
- Registered office
- Chaussée de Bruxelles 465, 1410 Waterloo
- Names & denominations
- LOVACAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2012
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- lovacar.be
- Activities · NACE
Carrosserieherstelling (inclusief spuiten en verven)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Carrosserieherstelling
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
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