Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LOVACO from Sint-Martens-Latem, company number BE0888295118, closed financial year 2025 with a result of € 113,889 after tax. For that financial year LOVACO recorded a gross margin of € 403,428 and equity of € 815,861. Compared with financial year 2024, the result moved from € 49,450 to € 113,889. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 815,861
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 113,889
▲ 130% vs 2024
Profit after tax over the fiscal year.
€ 72,628
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 565,861.
People and assets in 2025
€ 27,530
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 2% vs 2024
€ 96,115 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 44,092
▲ € 35,398 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,267
▲ 192% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 268,055 | € 268,391 | € 294,855 | € 403,428 | ▲ 37% |
| Profit after taxes | € 17,170 | € 29,061 | € 49,450 | € 113,889 | ▲ 130% |
| Equity | € 623,461 | € 652,522 | € 701,972 | € 815,861 | ▲ 16% |
| Total debts | € 2,548,231 | € 2,393,175 | € 2,151,069 | € 2,193,055 | ▲ 2% |
| Cash | € 105,563 | € 75,664 | € 37,961 | € 72,628 | ▲ 91% |
| Land & buildings | € 2,874,515 | € 2,811,104 | € 2,684,544 | € 2,556,445 | ▼ 5% |
| Retained profit | € 373,461 | € 402,522 | € 451,972 | € 565,861 | ▲ 25% |
| Bank debt | € 1,853,995 | € 1,746,151 | € 1,639,725 | € 1,611,149 | ▼ 2% |
| Balance sheet total | € 3,171,692 | € 3,045,697 | € 2,853,041 | € 3,008,917 | ▲ 5% |
Key figures of LOVACO, 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 LOVACO?
What happened at LOVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 113,889 (▲ 130% vs 2024). Source: NBB ↗
- LODE VERSELE became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,170 profit in 2022 to € 113,889 profit in 2025.
Paid € 110,934 in corporate taxes since 2022.
Best year ever: 2025, with € 113,889 profit.
A new publication or filing at LOVACO? 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
Behind LOVACO is LODE VERSELE. LODE VERSELE is also behind Verlatrans, HELUCA, R.P.S., VERLINFO and VERLA-SEEDS.
Directors
According to the 2025 annual accounts
LODE VERSELE
Director
Also active at: Verlatrans, HELUCA, R.P.S., VERLINFO, VERLA-SEEDS, Versele-Laga, Hubstef, OROPHARMA +8 more
since 2023
Establishments
Establishment units
Physical locations of this company
Reinaertdreef 9
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0888.295.118
- VAT number
- BE 0888.295.118
- Registered office
- Reinaertdreef 9, 9830 Sint-Martens-Latem
- Names & denominations
- LOVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2007
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Overige bemiddeling in en beheer van onroerend goed voor een vast bedrag of op contractbasis, neg
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Handel in eigen onroerend goed
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