ACTIVE

Lovic Projects

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Financial year 2025 · closed on 31/12/2025

Net result

17,5 k €

+11.4% YoY

Gross margin

36,8 k €

+3.2% YoY

Equity

359,7 k €

+5.1% YoY

What does Lovic Projects do?

Lovic Projects is a Private limited company incorporated in 1992. Its registered office is in Keerbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.637.182

Incorporation

05/06/1992

Legal form

Private limited company

Registered office

Dijlestraat 31
3140 Keerbergen · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	36,8 k €	+3.2%	35,7 k €	+16.7%	30,6 k €	+6.1%	28,8 k €	+50.9%	19,1 k €	-33.1%	28,6 k €	-36.5%	45 k €	-76.7%	193 k €	-15.1%	227,3 k €	+50.0%	151,5 k €	+28.5%	118 k €	+208%	38,3 k €	-21.2%	48,5 k €	-8.2%	52,9 k €	+27.5%	41,5 k €	-25.5%	55,7 k €	+15.4%	48,3 k €	-2.9%	49,7 k €
EBITDA	32,4 k €	+0.7%	32,1 k €	+20.0%	26,8 k €	+20.0%	22,3 k €	+24.6%	17,9 k €	-28.9%	25,2 k €	-29.8%	35,9 k €	-62.3%	95,1 k €	-39.7%	157,7 k €	+52.4%	103,5 k €	+17.2%	88,3 k €	+162%	33,6 k €	-20.7%	42,4 k €	+8.9%	38,9 k €	+45.4%	26,8 k €	-35.4%	41,5 k €	+14.3%	36,3 k €	+23.1%	29,5 k €
Operating result	24,8 k €	+0.9%	24,6 k €	+27.9%	19,2 k €	+35.1%	14,2 k €	+689%	-2,4 k €	-149%	4,9 k €	-66.3%	14,5 k €	-79.6%	71,1 k €	-45.7%	130,9 k €	+70.7%	76,7 k €	+30.5%	58,7 k €	+1007%	5,3 k €	-54.9%	11,8 k €	+20.7%	9,8 k €	-11.6%	11 k €	+78.1%	6,2 k €	-38.8%	10,1 k €	+100%	5,1 k €
Net result	17,5 k €	+11.4%	15,7 k €	+31.0%	12 k €	-5.0%	12,7 k €	+413%	-4 k €	-276%	2,3 k €	-77.4%	10,2 k €	-78.6%	47,5 k €	-41.7%	81,4 k €	+72.9%	47,1 k €	+28.6%	36,6 k €	+2746%	1,3 k €	-79.7%	6,4 k €	+115%	3 k €	+47.5%	2 k €	-34.3%	3,1 k €	+1877%	-172 €	-109%	1,9 k €
Balance sheet
Equity	359,7 k €	+5.1%	342,2 k €	+4.8%	326,4 k €	+3.8%	314,4 k €	-5.8%	333,8 k €	-1.2%	337,8 k €	+0.7%	335,5 k €	+3.1%	325,4 k €	+17.1%	277,9 k €	+41.5%	196,4 k €	+31.5%	149,3 k €	+32.5%	112,7 k €	+1.2%	111,4 k €	+6.0%	105,1 k €	+2.9%	102,1 k €	+30.9%	78 k €	+4.1%	75 k €	-0.2%	75,1 k €
Total assets	479,8 k €	+1.1%	474,5 k €	-2.9%	488,5 k €	+3.2%	473,5 k €	-5.2%	499,3 k €	-25.4%	669,6 k €	+1.3%	660,8 k €	-2.8%	679,9 k €	+11.7%	608,7 k €	+18.3%	514,4 k €	+19.6%	430,1 k €	+30.1%	330,7 k €	-1.1%	334,5 k €	-7.4%	361,4 k €	+21.5%	297,5 k €	+1.6%	292,9 k €	-5.5%	309,8 k €	+14.6%	270,4 k €
Cash	45,1 k €	+39.8%	32,3 k €	+72.7%	18,7 k €	+109%	8,9 k €	-66.3%	26,5 k €	+25.9%	21,1 k €	+69.3%	12,4 k €	-45.2%	22,7 k €	-89.6%	217,3 k €	+14.4%	189,9 k €	+127%	83,5 k €	+4304%	1,9 k €	-41.2%	3,2 k €	+9975%	32 €	-99.8%	20,5 k €	+7674%	264 €	+544%	41 €	-96.5%	1,2 k €
Debts	120,1 k €	-9.3%	132,4 k €	-18.3%	162,1 k €	+1.9%	159,1 k €	+9.6%	145,2 k €	-16.0%	172,9 k €	-7.4%	186,7 k €	-21.4%	237,4 k €	-0.1%	237,8 k €	-5.5%	251,7 k €	+4.3%	241,3 k €	+10.7%	217,9 k €	-2.3%	223,1 k €	-12.7%	255,7 k €	+31.0%	195,2 k €	-9.0%	214,4 k €	-8.3%	233,9 k €	+19.8%	195,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	-50.0%	0,4 ETP	+300%	0,1 ETP	-83.3%	0,6 ETP	+20.0%	0,5 ETP	+66.7%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

DE KIEVIT MANAGEMENT

Director · since 01 juillet 2014 · 0554.704.495

Represented by Gert Van den Broeck

Active

Ended mandates

DE KIEVIT MANAGEMENT

Manager · since 01 juillet 2014 · 0554.704.495

Represented by Gert Van den Broeck

Ended

DE KIEVIT MANAGEMENT

Manager · since 06 février 2014 · 0554.704.495

Represented by Gert Van den Broeck

Ended

Alex Corthout

Manager · until 01 juillet 2014

Ended

ALEX CORTHOUT

Managing director

Ended

At this address

Other companies at this address

Company	CBE no.
DE KIEVIT MANAGEMENT● Active	0554.704.495
Drankgroothandel.be● Active	0450.861.245

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	31/07/2025	30/07/2024	25/08/2023	30/08/2022	30/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	25/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	28/08/2020	Dutch	PDF
Micro model	31/12/2018	04/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	05/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	27/05/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	05/09/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	21/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 10 ended

Active mandates

DE KIEVIT MANAGEMENT

Director · since 01 juillet 2014 · 0554.704.495

Represented by Gert Van den Broeck

Active

Ended mandates

DE KIEVIT MANAGEMENT

Manager · since 01 juillet 2014 · 0554.704.495

Represented by Gert Van den Broeck

Ended

DE KIEVIT MANAGEMENT

Manager · since 06 février 2014 · 0554.704.495

Represented by Gert Van den Broeck

Ended

Alex Corthout

Manager · until 01 juillet 2014

Ended

ALEX CORTHOUT

Managing director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/06/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2013
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other18/09/2009
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/02/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202517,5 k €↑
2024
Annual accounts 202415,7 k €↑
2023
Annual accounts 202312 k €↓
2023
Name changeLovic Projects
2022
Annual accounts 202212,7 k €↑
2021
Annual accounts 2021-4 k €↓
2021
Name changeOud Egypte
2020
Annual accounts 20202,3 k €↓
2019
Annual accounts 201910,2 k €↓
2018
Annual accounts 201847,5 k €↓
2017
Annual accounts 201781,4 k €↑
2016
Annual accounts 201647,1 k €↑
2015
Annual accounts 201536,6 k €↑
2014
Annual accounts 20141,3 k €↓
2013
Annual accounts 20136,4 k €↑
2012
Annual accounts 20123 k €↑
2011
Annual accounts 20112 k €↓
2010
Annual accounts 20103,1 k €↑
2009
Annual accounts 2009-172 €↓
2008
Annual accounts 20081,9 k €
05/06/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Lovic Projects

Overview

What does Lovic Projects do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline