ACTIVE

Lovatech

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Financial year 2025 · closed on 31/12/2025

Net result

77,0 k €

-39.7% YoY

Gross margin

597,1 k €

-8.8% YoY

Equity

398,2 k €

0.0% YoY

Workforce

6,6 ETP

+1.5% YoY

What does Lovatech do?

Lovatech is a Public limited company incorporated in 2003. Its registered office is in Machelen (Brab.). It employs on average 6,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.423.634

Incorporation

29/12/2003

Legal form

Public limited company

Registered office

De Kleetlaan 7A box 2
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

6,6 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	597,1 k €	-8.8%	654,7 k €	+49.8%	437,1 k €	-19.3%	541,9 k €	-1.3%	549,1 k €	+12.0%	490,3 k €	+9.2%	448,8 k €	+33.1%	337,1 k €	+27.2%	265,0 k €	+33.3%	198,8 k €	+34.3%	148,1 k €	+107%	71,6 k €	+8.4%	66,1 k €	+77.7%	37,2 k €	-1.3%	37,7 k €	+40.2%	26,9 k €	-42.3%	46,6 k €	+26.2%	36,9 k €	+20.9%	30,6 k €	+336%	7,0 k €
EBITDA	125,9 k €	-37.8%	202,5 k €	+136%	85,7 k €	-44.7%	154,8 k €	-25.0%	206,3 k €	-17.4%	249,7 k €	+50.7%	165,7 k €	+60.3%	103,3 k €	-12.1%	117,6 k €	+61.1%	73,0 k €	+25.1%	58,4 k €	-15.7%	69,2 k €	+10.0%	62,9 k €	+76.6%	35,6 k €	+0.1%	35,6 k €	+76.9%	20,1 k €	-31.5%	29,4 k €	+28.8%	22,8 k €	-18.0%	27,8 k €	+910%	2,8 k €
Operating result	104,1 k €	-41.6%	178,1 k €	+235%	53,1 k €	-58.1%	126,6 k €	-28.6%	177,3 k €	-18.5%	217,4 k €	+68.0%	129,4 k €	+60.5%	80,6 k €	-12.7%	92,3 k €	+92.6%	47,9 k €	+44.9%	33,1 k €	-41.4%	56,5 k €	-0.5%	56,8 k €	+76.5%	32,2 k €	+4.2%	30,9 k €	+343%	7,0 k €	-38.0%	11,2 k €	+55.3%	7,2 k €	-62.9%	19,5 k €	+1298%	-1,6 k €
Net result	77,0 k €	-39.7%	127,6 k €	+308%	31,3 k €	-67.3%	95,7 k €	-19.4%	118,8 k €	-23.2%	154,7 k €	+125%	68,7 k €	+36.4%	50,4 k €	-0.5%	50,6 k €	+75.3%	28,9 k €	+357%	6,3 k €	-82.3%	35,7 k €	+41.7%	25,2 k €	+1.6%	24,8 k €	-7.5%	26,8 k €	+255%	-17,3 k €	-385%	6,1 k €	+245%	-4,2 k €	-142%	9,8 k €	+307%	-4,8 k €
Balance sheet
Equity	398,2 k €	0.0%	398,2 k €	+1.1%	393,9 k €	+8.6%	362,6 k €	-25.4%	486,2 k €	+32.3%	367,4 k €	+39.8%	262,7 k €	+7.7%	244,0 k €	+26.0%	193,6 k €	+35.4%	143,0 k €	+25.3%	114,1 k €	+5.9%	107,7 k €	+80.7%	59,6 k €	+73.3%	34,4 k €	+258%	9,6 k €	+254%	-6,2 k €	-156%	11,0 k €	+122%	5,0 k €	-45.7%	9,2 k €	+1417%	-695,0 €
Total assets	1,1 M €	+2.4%	1,1 M €	-2.6%	1,1 M €	-5.7%	1,2 M €	+4.8%	1,1 M €	+3.7%	1,1 M €	+0.1%	1,1 M €	+16.7%	918,5 k €	-0.9%	926,5 k €	+2.3%	906,1 k €	+6.6%	849,9 k €	+63.1%	521,0 k €	+267%	142,0 k €	+61.3%	88,0 k €	-5.7%	93,3 k €	+74.6%	53,5 k €	-42.2%	92,5 k €	-16.7%	111,0 k €	+68.1%	66,0 k €	+35.6%	48,7 k €
Cash	179,5 k €	+314%	43,4 k €	-57.2%	101,3 k €	+11.0%	91,3 k €	-71.8%	323,6 k €	+88.3%	171,8 k €	+0.6%	170,8 k €	+305%	42,2 k €	-44.1%	75,4 k €	-27.6%	104,2 k €	+92.0%	54,3 k €	+99.8%	27,2 k €	+222%	8,4 k €	+6.0%	7,9 k €	-43.4%	14,0 k €		–		13,2 k €	+0.2%	13,1 k €	+126%	5,8 k €	-12.4%	6,6 k €
Debts	478,2 k €	-4.7%	501,6 k €	-6.7%	537,5 k €	-31.5%	784,9 k €	+25.3%	626,2 k €	-11.2%	705,0 k €	-12.7%	807,7 k €	+26.7%	637,3 k €	-1.8%	649,3 k €	-8.8%	711,8 k €	+3.9%	685,0 k €	+102%	338,4 k €	+329%	79,0 k €	+62.9%	48,5 k €	-39.2%	79,7 k €	+36.8%	58,3 k €	-24.9%	77,6 k €	-26.5%	105,5 k €	+85.4%	56,9 k €	+15.2%	49,4 k €
Other
Workforce	6,6 ETP	+1.5%	6,5 ETP	+3.2%	6,3 ETP	-19.2%	7,8 ETP	0.0%	7,8 ETP	+39.3%	5,6 ETP		–		4,4 ETP		–		–		3,0 ETP		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Confidentius

Director · since 07 février 2025 · until 24 février 2026 · 0544.897.005

Represented by Veerle Vervaeck

Active

Ctrl VS

Director · since 07 février 2025 · until 15 mai 2030 · 0803.940.156

Represented by Matthias Van Snick

Active

ITP GROUP

Managing director · since 07 février 2025 · until 15 mai 2030 · 0748.507.131

Represented by Bart Verhelst

Active

ITP GROUP

Director · since 30 novembre 2023 · until 07 février 2025 · 0748.507.131

Represented by Paul Peeters

Active

Ended mandates

Confidentius

Director · since 07 février 2025 · until 15 mai 2030 · 0544.897.005

Represented by Veerle Vervaeck

Ended

ITP GROUP

Director · since 30 novembre 2023 · until 31 décembre 2028 · 0748.507.131

Represented by Paul Peeters

Ended

ITP GROUP

Director · since 01 octobre 2021 · 0748.507.131

Represented by BART VERHELST

Ended

IT Provider Invest

Director · since 20 septembre 2021 · 0877.091.915

Represented by Bart Verhelst

Ended

At this address

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ERICSSON● Active	0414.653.818
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GEVERS LEGAL● Active	0461.423.159
Gevers Patents● Active	0451.659.120

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	12/06/2026	23/07/2025	16/07/2024	11/08/2023	29/08/2022	28/10/2021
General meeting	13/05/2026	26/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	16/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	11/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	29/08/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	25/06/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	21/08/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	22/10/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	04/02/2010	Dutch	PDF
Abridged model	31/12/2007	22/06/2008	05/02/2009	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	14/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 4 active · 7 ended

Active mandates

Confidentius

Director · since 07 février 2025 · until 24 février 2026 · 0544.897.005

Represented by Veerle Vervaeck

Active

Ctrl VS

Director · since 07 février 2025 · until 15 mai 2030 · 0803.940.156

Represented by Matthias Van Snick

Active

ITP GROUP

Managing director · since 07 février 2025 · until 15 mai 2030 · 0748.507.131

Represented by Bart Verhelst

Active

ITP GROUP

Director · since 30 novembre 2023 · until 07 février 2025 · 0748.507.131

Represented by Paul Peeters

Active

Ended mandates

Confidentius

Director · since 07 février 2025 · until 15 mai 2030 · 0544.897.005

Represented by Veerle Vervaeck

Ended

ITP GROUP

Director · since 30 novembre 2023 · until 31 décembre 2028 · 0748.507.131

Represented by Paul Peeters

Ended

ITP GROUP

Director · since 01 octobre 2021 · 0748.507.131

Represented by BART VERHELST

Ended

IT Provider Invest

Director · since 20 septembre 2021 · 0877.091.915

Represented by Bart Verhelst

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other13/07/2026
—
PDF
Mandates14/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/09/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/07/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates05/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2023
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - 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 202577,0 k €↓
2024
Annual accounts 2024127,6 k €↑
2023
Annual accounts 202331,3 k €↓
2022
Annual accounts 202295,7 k €↓
2021
Annual accounts 2021118,8 k €↓
2020
Annual accounts 2020154,7 k €↑
2019
Annual accounts 201968,7 k €↑
2018
Annual accounts 201850,4 k €↓
2017
Annual accounts 201750,6 k €↑
2016
Annual accounts 201628,9 k €↑
2015
Annual accounts 20156,3 k €↓
2014
Annual accounts 201435,7 k €↑
2013
Annual accounts 201325,2 k €↑
2012
Annual accounts 201224,8 k €↓
2011
Annual accounts 201126,8 k €↑
2010
Annual accounts 2010-17,3 k €↓
2009
Annual accounts 20096,1 k €↑
2008
Annual accounts 2008-4,2 k €↓
2007
Annual accounts 20079,8 k €↑
2006
Annual accounts 2006-4,8 k €
29/12/2003
IncorporationPublic 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

Lovatech

Overview

What does Lovatech do?

Trend over 20 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