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Lano

Active
Public limited companyfounded 194778 yrs activeVenetiëlaan 33, 8530 Harelbeke, BelgiumKBO/BCE: BE 0405.425.356
Summary

Lano has been active since 1947 and the Belgian State 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 fiscal years (±2.1% per year). Its solvency ranks better than 30% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13930NACE 17510
#1 employer in Harelbeke, Manufacturing sector1 site
Size
€95.2mturnover 2025
Staff
359.8 FTE
Equity
€28.2m
Profit
€1.6m
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
L2D · 100%
Board
5 members
Holdings
2
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 71 d early
Why 93- Liquidity: current ratio 1.48, cash €5.7m+ Size: turnover €95.2m, 359.8 FTE, total assets €75.5m+ Founded in 1947+ Sector Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 48% of its sector peers (all companies)
Performance against the sector, not lower risk
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)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -4.2% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.5% vs 03-2025lowest value 05-2025: 0.1%▲ +6.0% vs 04-2025 06-2025: 0.1%▼ -1.4% vs 05-2025 07-2025: 0.1%▲ +75.7% vs 06-2025highest value 08-2025: 0.1%● 0.0% vs 07-2025highest value 09-2025: 0.1%● 0.0% vs 08-2025highest value 10-2025: 0.1%● 0.0% vs 09-2025highest value 11-2025: 0.1%● 0.0% vs 10-2025highest value 12-2025: 0.1%● 0.0% vs 11-2025highest value 01-2026: 0.1%● 0.0% vs 12-2025highest value 02-2026: 0.1%▼ -4.1% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -1.7% vs 03-2026 05-2026: 0.1%▲ +5.2% vs 04-2026 06-2026: 0.1%▼ -37.7% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Size: turnover €95.2m, 359.8 FTE, total assets €75.5m lowers the probability for this profile
  • Founded in 1947 lowers the probability for this profile
  • Sector Manufacture of textiles (NACE 13) lowers the probability
  • Liquidity: current ratio 1.48, cash €5.7m raises the probability
Credit up to €2,600,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.35 in 2024; short-term debt: 45.2% and cash: 7.5% of total assets), and 62.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 52%, liquidity 37%, profitability 40%, growth against the median 61%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €95.2m, 359.8 FTE, total assets €75.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1947
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Sector Manufacture of textiles (NACE 13)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 1.48, cash €5.7m
In the bankruptcy model this factor raises the probability.
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 d early
2024
48 d early
2023
63 d early
2022
46 d early
2021
58 d early
2020
46 d early
2019
50 d 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 for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignation: ZENDICS BV (director)Director discharge · Power of…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignation: COLLE Edward (director)Appointment: ASCENDIMUS CommV (director) ·…

Key points

  • Positive: Employer in Harelbeke, Manufacturing sectorin the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.6m 8 years View
  • Controlled by L2Dknown shareholders 100% 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 2022 - 2025 €350,245 View

By topic

Financials

Fiscal 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%
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
Go to Board & ownership

Network & group

Group
Nederlands Tapijten Holding B.V.
Subsidiaries
2
Connected companies
15
Mergers and contributions
3

2 subsidiaries

Go to Network & group

Timeline

Events
53
Since
2003
Next accounts
by 31-07-2027
  1. 31-07-2026Resignation: ZENDICS BV (director)
  2. 21-05-2026Annual accounts filed
  3. 15-04-2026Resignation: COLLE Edward (director)
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…
Go to Articles of association

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