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Lano

Active
Public limited companyfounded 1947active for 78 yearsVenetiëlaan 33, 8530 Harelbeke, BelgiumKBO/BCE: BE 0405.425.356
Summary

Lano has been active since 1947 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.2m and a net result of €1.6m. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 30% of 191 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13930
Largest employer in Harelbeke, Manufacturing sector1 site
Size
€95.2mturnover 2025
Staff
359.8 FTE
Equity
€28.2m
Profit
€1.6m
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
L2D · 100%
Board
5 members
Holdings
2
  • ASCENDIMUSDaily manager · permanent representative Olivier DECOUTTERE
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 71 days early
Why 94raises riskLiquidity: current ratio 1.48, cash €5.7mlowers riskSize: turnover €95.2m, 359.8 FTE, total assets €75.5mFounded in 1947Sector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (all companies)
Financial strength · tick = 2024
Average
Solvency 62+4
equity 37.3% of total assets
Liquidity 37+6
short-term debt 45.2% · cash 7.5%
Profitability 59=
return on assets 2.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (8 companies, NACE 13, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €2,650,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.48, compared with 1.35 in 2024, below the usual 1.5; short-term debt: 45.2% and cash: 7.5% of total assets), and 62.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 53% on solvency, 38% on liquidity, 45% on profitability and 61% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €95.2m, 359.8 FTE, total assets €75.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1947
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · Liquidity: current ratio 1.48, cash €5.7m
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €28.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 days early
2024
48 days early
2023
63 days early
2022
46 days early
2021
58 days early
2020
46 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 55 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: ZENDICS BV (director)Director discharge · Power of…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: COLLE Edward (director)Appointment: ASCENDIMUS CommV (director) ·…

Key points

  • Positive: Largest employer in Harelbeke, Manufacturing sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.6m 8 years View
  • Controlled by L2Dultimately: Nederlands Tapijten Holding B.V. 100% View
  • Active since 1947founded 19-12-1947 78 years View
  • Directors leftlatest change 30-06-2026 · 5 in office 2 left View
  • Caution: Result fell in 2025from €2.3m to €1.6m ▼ 28.4% View
  • Flemish supportawarded from 2022 to 2025 €350,245 View

By topic

Financials

Financial year
2025
Turnover
€95.2m
Profit
€1.6m
Solvency
37.3%
Turnover▼ 0.1%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Parent
L2D · 100%
Auditor
Ernst et Young Reviseurs…
  • L2D NVDirector
  • Aeneas Management Consultants - FZCODirector
  • C.C.M. NVDirector
  • Whiteout VenturesDirector
  • ASCENDIMUSDaily manager
Go to Board & ownership

Network & group

Group
Nederlands Tapijten Holding B.V.
Subsidiaries
2
Connected companies
23
Mergers and asset contributions
3

2 subsidiaries

Go to Network & group

Timeline

Events
92
Since
1978
Next accounts
by 31-07-2027
  1. 15-07-2025Resignations: Aeneas Management Consulting FZCO, L2D NV…
  2. 13-06-2025Annual accounts filed
  3. 31-12-2024Equity above €25m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of textilesNACE 13930
Founded
19-12-1947
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Who signs
Two directors jointly
Purpose
“De vennootschap heeft tot voorwerp de fabricatie, de nevenbewerkingen, de aankoop, de…” (deed in Dutch)
Go to Articles of association

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