What does Lovatech do?

Lovatech is a wholesaler in Zaventem. Public Limited, started on 29 December 2003, 1 establishment.

What is the address of Lovatech?

The registered office of Lovatech is located at Ikaroslaan 25, 1930 Zaventem.

Is Lovatech still active?

Yes. According to the CBE (29 October 2026) Lovatech is active, legal situation “Normale toestand”, started on 29 December 2003.

Is Lovatech registered on Peppol?

Yes, Lovatech is registered on the Peppol network with ID 0208:0862423634.

What is the enterprise number of Lovatech?

The enterprise number of Lovatech is BE0862423634.

When was Lovatech founded?

Lovatech was founded on 29 December 2003.

Who are the directors of Lovatech?

According to the 2025 annual accounts, the directors of Lovatech are: ITP GROUP BV, CTRL VS BV, Confidentius BV.

Is Lovatech a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 2003; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Lovatech make in 2025?

Lovatech posted a profit after taxes of € 77,003 in financial year 2025.

What is the revenue of Lovatech?

As a small company, Lovatech is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 597,141.

How much does an employee at Lovatech earn?

The average wage cost per full-time employee at Lovatech was € 71,100 in 2025: staff costs of € 469,332 for 6.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Lovatech have?

According to the 2025 annual accounts, Lovatech has 6.6 full-time equivalents (FTE).

Lovatech (Public Limited) - Zaventem - BE0862423634

Dossier Lovatech, printed on 29 October 2026 from databakkes.be/en/0862423634/lovatech. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Lovatech from Zaventem, company number BE0862423634, closed financial year 2025 with a result of € 77,003 after tax. For that financial year Lovatech recorded a gross margin of € 597,141 and equity of € 398,210. Compared with financial year 2024, the result moved from € 127,643 to € 77,003. The company is profitable. 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 June 12, 2026.

What it is worth Healthy

€ 398,210

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 77,003

▼ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 179,542

▲ € 136,150 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 77,003 paid out

100 % of the profit went to the shareholders, mostly to ITP GROUP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

6.6

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 469,332

▲ 10% vs 2024

€ 71,100 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.

Vehicles and equipment

€ 7,914

▲ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 236,485

▼ 21% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 89,669

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 541,856 Gross margin 2022: € 541,856 First fiscal year in the series	€ 437,146 Gross margin 2023: € 437,146 ▼ 19% vs 2022 (€ 541,856) Unfavourable step	€ 654,677 Gross margin 2024: € 654,677 ▲ 50% vs 2023 (€ 437,146) Favourable step	€ 597,141 Gross margin 2025: € 597,141 ▼ 9% vs 2024 (€ 654,677) Unfavourable step	▼ 9%
Profit after taxes	€ 95,716 Profit after taxes 2022: € 95,716 First fiscal year in the series	€ 31,314 Profit after taxes 2023: € 31,314 ▼ 67% vs 2022 (€ 95,716) Unfavourable step	€ 127,643 Profit after taxes 2024: € 127,643 ▲ € 96,329 vs 2023 (€ 31,314) Favourable step	€ 77,003 Profit after taxes 2025: € 77,003 ▼ 40% vs 2024 (€ 127,643) Unfavourable step	▼ 40%
Equity	€ 362,606 Equity 2022: € 362,606 First fiscal year in the series	€ 393,920 Equity 2023: € 393,920 ▲ 9% vs 2022 (€ 362,606) Favourable step	€ 398,210 Equity 2024: € 398,210 ▲ 1% vs 2023 (€ 393,920) Favourable step	€ 398,210 Equity 2025: € 398,210 Unchanged (€ 398,210) Unchanged
Total debts	€ 803,537 Total debts 2022: € 803,537 First fiscal year in the series	€ 706,200 Total debts 2023: € 706,200 ▼ 12% vs 2022 (€ 803,537) Favourable step	€ 673,739 Total debts 2024: € 673,739 ▼ 5% vs 2023 (€ 706,200) Favourable step	€ 699,310 Total debts 2025: € 699,310 ▲ 4% vs 2024 (€ 673,739) Unfavourable step	▲ 4%
Cash	€ 91,301 Cash 2022: € 91,301 First fiscal year in the series	€ 101,327 Cash 2023: € 101,327 ▲ 11% vs 2022 (€ 91,301) Favourable step	€ 43,392 Cash 2024: € 43,392 ▼ 57% vs 2023 (€ 101,327) Unfavourable step	€ 179,542 Cash 2025: € 179,542 ▲ € 136,150 vs 2024 (€ 43,392) Favourable step	▲ € 136,150
Land & buildings	€ 546,481 Land & buildings 2022: € 546,481 First fiscal year in the series	€ 530,893 Land & buildings 2023: € 530,893 ▼ 3% vs 2022 (€ 546,481) Unchanged	-	-
Retained profit	€ 344,006 Retained profit 2022: € 344,006 First fiscal year in the series	€ 375,320 Retained profit 2023: € 375,320 ▲ 9% vs 2022 (€ 344,006) Favourable step	€ 336,710 Retained profit 2024: € 336,710 ▼ 10% vs 2023 (€ 375,320) Unfavourable step	€ 336,710 Retained profit 2025: € 336,710 Unchanged (€ 336,710) Unchanged
Dividend	€ 219,300 Dividend 2022: € 219,300 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 219,300) Unchanged	€ 123,353 Dividend 2024: € 123,353 Unchanged (€ 0) Unchanged	€ 77,003 Dividend 2025: € 77,003 ▼ 38% vs 2024 (€ 123,353) Unchanged	▼ 38%
Bank debt	€ 441,681 Bank debt 2022: € 441,681 First fiscal year in the series	€ 380,078 Bank debt 2023: € 380,078 ▼ 14% vs 2022 (€ 441,681) Favourable step	€ 3,376 Bank debt 2024: € 3,376 ▼ 99% vs 2023 (€ 380,078) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 3,376) Favourable step	▼ 100%
Balance sheet total	€ 1,166,143 Balance sheet total 2022: € 1,166,143 First fiscal year in the series	€ 1,100,119 Balance sheet total 2023: € 1,100,119 ▼ 6% vs 2022 (€ 1,166,143) Unchanged	€ 1,071,949 Balance sheet total 2024: € 1,071,949 ▼ 3% vs 2023 (€ 1,100,119) Unchanged	€ 1,097,520 Balance sheet total 2025: € 1,097,520 ▲ 2% vs 2024 (€ 1,071,949) Unchanged	▲ 2%
Employees (FTE)	7.8 Employees (FTE) 2022: 7.8 First fiscal year in the series	6.3 Employees (FTE) 2023: 6.3 ▼ 1.5 vs 2022 (7.8) Unchanged	6.5 Employees (FTE) 2024: 6.5 ▲ 0.2 vs 2023 (6.3) Unchanged	6.6 Employees (FTE) 2025: 6.6 ▲ 0.1 vs 2024 (6.5) Unchanged	▲ 0.1

Key figures of Lovatech, 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 Lovatech?

What happened at Lovatech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 ITP GROUP BV stepped down as director. NBB
2030 CTRL VS BV stepped down as director. NBB
Jun 12, 2026 New annual accounts for financial year 2025: profit of € 77,003 (▼ 40% vs 2024). Source: NBB ↗
2026 Confidentius BV stepped down as director. NBB
2025 CTRL VS BV became a director. NBB
2025 Confidentius BV became a director. NBB
2023 ITP GROUP BV became a director. NBB
Nov 29, 2006 New establishment in Zaventem. KBO

In short

From € 95,716 profit in 2022 to € 77,003 profit in 2025.

Paid € 120,173 in corporate taxes since 2022.

Best year ever: 2024, with € 127,643 profit.

On average € 90,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ITP GROUP 100%

The stake of ITP GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Lovatech

The shares are held by ITP GROUP (100%).

Directors

According to the 2025 annual accounts

ITP GROUP BV

Managing director, Director · represented by Bart Verhelst, Paul Peeters

Also active at: DVIT, TEAMTEL, IT Provider, IT Provider Invest, 2SERVE ICT

since 2023 · until 2030

CTRL VS BV

Director · represented by Matthias Van Snick

Also active at: DVIT, TEAMTEL, ITP GROUP, IT Provider, 2SERVE ICT

since 2025 · until 2030

Confidentius BV

Director · represented by Veerle Vervaeck

Also active at: A & M, DVIT, SPIKES, Core ICT, OQuila, Syntory, ITP GROUP, Sustainable Energy Group +5 more

since 2025 · until 2026

Shareholders

ITP GROUP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ikaroslaan 25

1930 Zaventem

2.157.639.294

Imperiastraat 6 box 1

1930 Zaventem

Active since 29 November 2006

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 →

TEAMTEL same network

€ 569,950 gross margin · 2025

AERTINS

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0862.423.634

VAT number

BE 0862.423.634

Registered office

Ikaroslaan 25, 1930 Zaventem

Names & denominations

Lovatech

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 2003

Peppol

Active · Active since 17 Sept 2025

Activities · NACE

Groothandel in informatie- en communicatieapparatuur

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computeradviesbureaus

Groothandel in computers, randapparatuur en software

Computerconsultancy-activiteiten

Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten

Ontwerpen van computerprogramma’s

Detailhandel in ICT-apparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

Lovatech

Financials

What happened to Lovatech?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions