ACTIVE

LOVAP

Financial year 2025 · Closed on 31/12/2025

Net result1 M €+11,6 %over 1 year
Revenue6,1 M €+5,7 %over 1 year
Equity2,4 M €+14,9 %over 1 year
Workforce32,6 ETP-0,3 %over 1 year

Identity

Source · BCE/KBO

LOVAP is a Public limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Geel. It employs on average 32,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.148.036
Incorporation
08/11/2005
Legal form
Public limited company
Registered office
Klaus-Michael Kuehnelaan 11
2440 Geel · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
32,6 ETP
Joint committees (3)
  • 10000
  • 20000
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue6,1 M €5,7 M €5,5 M €4,9 M €5 M €
EBITDA1,8 M €1,7 M €1,6 M €1,5 M €1,5 M €
Operating result1,4 M €1,3 M €1,2 M €1,1 M €1,2 M €
Net result1 M €910,6 k €874,1 k €772,7 k €807,2 k €
Balance sheet
Equity2,4 M €2,1 M €1,9 M €1,6 M €1,5 M €
Total assets4,2 M €4 M €4 M €4,2 M €4,1 M €
Cash1,7 M €1,4 M €1,2 M €1,2 M €1,1 M €
Debts1,8 M €1,8 M €2,1 M €2,6 M €2,6 M €
Other
Workforce32,6 ETP32,7 ETP33,1 ETP33,1 ETP34,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DESMA HOLDING0842.195.867Represented by Ellen De Schrijver
Director21/05/2012 → 07/11/2029Managing director28/05/2018 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ellen De Schrijver
Director17/05/2021 → 2021 accountsManaging director01/01/2020 → 2020 accounts
Willy De Schrijver
Director17/05/2021 → 2021 accounts
Steven De Schrijver
Director01/01/2020 → 2020 accounts

Other companies at this address

Klaus-Michael Kuehnelaan 11 2440 Geel
CompanyCBE no.
DESCOLAB● Active
0644.947.258
DESMA HOLDING● Active
0842.195.867
0420.939.913

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/06/202611/06/202527/05/202412/06/202313/06/202201/06/2021
General meeting18/05/202619/05/202521/05/202415/05/202316/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202618/06/2026DutchPDF
Full model31/12/202419/05/202511/06/2025DutchPDF
Full model31/12/202321/05/202427/05/2024DutchPDF
Full model31/12/202215/05/202312/06/2023DutchPDF
Full model31/12/202116/05/202213/06/2022DutchPDF
Full model31/12/202017/05/202101/06/2021DutchPDF
Full model31/12/201918/05/202012/06/2020DutchPDF
Full model31/12/201820/05/201925/06/2019DutchPDF
Full model31/12/201728/05/201819/07/2018DutchPDF
Full model31/12/201615/05/201707/06/2017DutchPDF
Full model31/12/201517/05/201615/06/2016DutchPDF
Full model31/12/201418/05/201522/06/2015DutchPDF
Full model31/12/201319/05/201410/06/2014DutchPDF
Abridged model31/12/201221/05/201322/05/2013DutchPDF
Abridged model31/12/201121/05/201212/09/2012DutchPDF
Abridged model31/12/201016/05/201123/06/2011DutchPDF
Abridged modelCorrection31/12/200917/06/201030/09/2010DutchPDF
Abridged model31/12/200917/06/201029/06/2010DutchPDF
Abridged model31/12/200818/05/200919/05/2009DutchPDF
Abridged model31/12/200730/06/200823/07/2008DutchPDF
Abridged model31/12/200621/05/200713/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DESMA HOLDING0842.195.867Represented by Ellen De Schrijver
Director21/05/2012 → 07/11/2029Managing director28/05/2018 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ellen De Schrijver
Director17/05/2021 → 2021 accountsManaging director01/01/2020 → 2020 accounts
Willy De Schrijver
Director17/05/2021 → 2021 accounts
Steven De Schrijver
Director01/01/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/02/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2009
    Wijziging adres maatschappelijke zetel
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
DESMA HOLDING
Willy De Schrijver
Ellen De Schrijver
Steven De Schrijver
Anna Boonen
Paul Martens
Anna Bonnen
2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
LOVAP
Klaus-Michael Kuehnelaan 11, 2440 Geel
Director
DirectorManaging director
Director
DirectorManaging director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Klaus-Michael Kuehnelaan 11, 2440 GeelCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00184978

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LOVAPCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00184978

Events

  1. 2025
    Annual accounts 20251 M €↑
  2. 2024
    Annual accounts 2024910,6 k €↑
  3. 2023
    Annual accounts 2023874,1 k €↑
  4. 2022
    Annual accounts 2022772,7 k €↓
  5. 2021
    Annual accounts 2021807,2 k €↓
  6. 2020
    Annual accounts 2020943,4 k €↑
  7. 2019
    Annual accounts 2019616,2 k €↓
  8. 2018
    Annual accounts 2018716,6 k €↑
  9. 2017
    Annual accounts 2017200,3 k €↑
  10. 2016
    Annual accounts 201641,8 k €↓
  11. 2015
    Annual accounts 2015329,2 k €↑
  12. 2014
    Annual accounts 2014227,2 k €↑
  13. 2013
    Annual accounts 2013169,9 k €↑
  14. 2012
    Annual accounts 2012-525,8 k €↓
  15. 2011
    Annual accounts 2011422,9 k €↑
  16. 2010
    Annual accounts 201076,5 k €↓
  17. 2009
    Annual accounts 200992,5 k €↓
  18. 2008
    Annual accounts 2008139,9 k €↓
  19. 2007
    Annual accounts 2007293 k €
  20. 08/11/2005
    IncorporationPublic limited company