ACTIVE

LOVAP

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Financial year 2025 · closed on 31/12/2025
Net result
1 M €
+11.6% YoY
Revenue
6,1 M €
+5.7% YoY
Equity
2,4 M €
+14.9% YoY
Workforce
32,6 ETP
-0.3% YoY

What does LOVAP do?

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
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities71209Technical testing and analysis71209Technical testing and analysis74302Translation and interpretation activities74142Specialised design activities
Joint committees (3)
  • 10000
  • 20000
  • 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue6,1 M €5,7 M €5,5 M €4,9 M €5 M €5 M €4,6 M €4,4 M €3,4 M €3,6 M €4 M €3,1 M €2,9 M €2,8 M €2,7 M €2,8 M €–3 M €2,9 M €
EBITDA1,8 M €1,7 M €1,6 M €1,5 M €1,5 M €1,6 M €1,3 M €1,4 M €724,6 k €988,6 k €1,2 M €710,2 k €586,1 k €783,3 k €523 k €584 k €592,5 k €401,7 k €670 k €
Operating result1,4 M €1,3 M €1,2 M €1,1 M €1,2 M €1,3 M €945,8 k €1,1 M €408,9 k €162,2 k €904,9 k €454,7 k €313,8 k €490,9 k €199,5 k €252,5 k €148,3 k €243,7 k €561,3 k €
Net result1 M €910,6 k €874,1 k €772,7 k €807,2 k €943,4 k €616,2 k €716,6 k €200,3 k €41,8 k €329,2 k €227,2 k €169,9 k €-525,8 k €422,9 k €76,5 k €92,5 k €139,9 k €293 k €
Balance sheet
Equity2,4 M €2,1 M €1,9 M €1,6 M €1,5 M €1,4 M €808,6 k €642,3 k €350,7 k €375,4 k €583,7 k €454,5 k €477,3 k €507,4 k €1,2 M €1,2 M €1,1 M €1 M €876,2 k €
Total assets4,2 M €4 M €4 M €4,2 M €4,1 M €3,8 M €3,5 M €3,6 M €3,4 M €3,5 M €3,9 M €3,5 M €3,4 M €3,8 M €5,4 M €5,1 M €5 M €2 M €1,9 M €
Cash1,7 M €1,4 M €1,2 M €1,2 M €1,1 M €879,9 k €143,4 k €127,7 k €97,2 k €62,8 k €93,1 k €218,3 k €211,5 k €210,7 k €123,8 k €46 k €14,3 k €3,5 k €24,1 k €
Debts1,8 M €1,8 M €2,1 M €2,6 M €2,6 M €2,5 M €2,7 M €2,9 M €3 M €3,1 M €3 M €3 M €3 M €3,2 M €4,1 M €3,9 M €3,9 M €970,5 k €1 M €
Other
Workforce32,6 ETP32,7 ETP33,1 ETP33,1 ETP34,1 ETP33,3 ETP32,1 ETP28,9 ETP25,1 ETP26,4 ETP23,8 ETP20,4 ETP19,7 ETP18,4 ETP19,3 ETP19,6 ETP20,6 ETP23,4 ETP22,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 27 ended

Active mandates

DESMA HOLDING

Director · since 07 novembre 2023 · until 07 novembre 2029 · 0842.195.867

Represented by Ellen De Schrijver

Active

Ended mandates

Ellen De Schrijver

Director · since 17 mai 2021 · until 17 mai 2027

Ended
Willy De Schrijver

Director · since 17 mai 2021 · until 17 mai 2027

Ended
DESMA HOLDING

Director · since 01 janvier 2020 · until 01 janvier 2026 · 0842.195.867

Represented by Ellen De Schrijver

Ended
DESMA HOLDING

Director · since 01 janvier 2020 · until 31 décembre 2026 · 0842.195.867

Represented by Ellen DE SCHRIJVER

Ended
At this address

Other companies at this address

CompanyCBE no.
DESCOLAB● Active
0644.947.258
DESMA HOLDING● Active
0842.195.867
Laboratorium voor Onderzoek van Voedingswaren en Aanverwante Produkten● Active
0420.939.913
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 27 ended

Active mandates

DESMA HOLDING

Director · since 07 novembre 2023 · until 07 novembre 2029 · 0842.195.867

Represented by Ellen De Schrijver

Active

Ended mandates

Ellen De Schrijver

Director · since 17 mai 2021 · until 17 mai 2027

Ended
Willy De Schrijver

Director · since 17 mai 2021 · until 17 mai 2027

Ended
DESMA HOLDING

Director · since 01 janvier 2020 · until 01 janvier 2026 · 0842.195.867

Represented by Ellen De Schrijver

Ended
DESMA HOLDING

Director · since 01 janvier 2020 · until 31 décembre 2026 · 0842.195.867

Represented by Ellen DE SCHRIJVER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
    MAATSCHAPPELIJKE ZETEL
    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

Timeline

  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