Financials
Financial year 2025
Lovatech from Machelen (Brab.), 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.
€ 398,210
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,003
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 179,542
▲ € 136,150 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 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
6.6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 7,914
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 236,485
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,669
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 541,856 | € 437,146 | € 654,677 | € 597,141 | ▼ 9% |
| Profit after taxes | € 95,716 | € 31,314 | € 127,643 | € 77,003 | ▼ 40% |
| Equity | € 362,606 | € 393,920 | € 398,210 | € 398,210 | |
| Total debts | € 803,537 | € 706,200 | € 673,739 | € 699,310 | ▲ 4% |
| Cash | € 91,301 | € 101,327 | € 43,392 | € 179,542 | ▲ € 136,150 |
| Land & buildings | € 546,481 | € 530,893 | - | - | |
| Retained profit | € 344,006 | € 375,320 | € 336,710 | € 336,710 | |
| Dividend | € 219,300 | € 0 | € 123,353 | € 77,003 | ▼ 38% |
| Bank debt | € 441,681 | € 380,078 | € 3,376 | € 0 | ▼ 100% |
| Balance sheet total | € 1,166,143 | € 1,100,119 | € 1,071,949 | € 1,097,520 | ▲ 2% |
| Employees (FTE) | 7.8 | 6.3 | 6.5 | 6.6 | ▲ 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:
- ITP GROUP BV stepped down as director. NBB
- CTRL VS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 77,003 (▼ 40% vs 2024). Source: NBB ↗
- Confidentius BV stepped down as director. NBB
- CTRL VS BV became a director. NBB
- Confidentius BV became a director. NBB
- ITP GROUP BV became a director. NBB
- 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.
A new publication or filing at Lovatech? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ITP GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LovatechThe shares are held by ITP GROUP (100%).
Directors
According to the 2025 annual accounts
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
Director · represented by Matthias Van Snick
Also active at: DVIT, TEAMTEL, ITP GROUP, IT Provider, 2SERVE ICT
since 2025 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 7A box 2
1831 Machelen (Brab.)
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 4 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
- 0862.423.634
- VAT number
- BE 0862.423.634
- Registered office
- De Kleetlaan 7A bus 2, 1831 Machelen (Brab.)
- 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
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