Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LAN 2 MIL from Liège, company number BE0403980254, closed financial year 2025 with a result of € 31,720 after tax. For that financial year LAN 2 MIL recorded a gross margin of € 26,694 and equity of € 5 million. Compared with financial year 2024, the result moved from € 683,016 to € 31,720. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,720
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 334,157
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5 million.
People and assets in 2025
€ 31,146
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,641
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 129,189
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,538 | € 32,106 | € 24,801 | € 26,694 | ▲ 8% |
| Profit after taxes | € -134,919 | € -49,391 | € 683,016 | € 31,720 | ▼ 95% |
| Equity | € 4,368,626 | € 4,319,235 | € 5,002,251 | € 5,033,971 | ▲ 1% |
| Total debts | € 935,407 | € 907,148 | € 1,087,222 | € 1,081,741 | ▼ 1% |
| Cash | € 540,141 | € 264,296 | € 186,149 | € 334,157 | ▲ 80% |
| Land & buildings | € 954,778 | € 902,343 | € 851,266 | € 805,488 | ▼ 5% |
| Retained profit | € 4,306,626 | € 4,257,235 | € 4,940,251 | € 4,971,971 | ▲ 1% |
| Balance sheet total | € 5,304,033 | € 5,226,383 | € 6,089,473 | € 6,115,712 |
Key figures of LAN 2 MIL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LAN 2 MIL?
What happened at LAN 2 MIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lucienne LANDENNE stepped down as director. NBB
- Maurice ZIELENIEC stepped down as director. NBB
- Jean-Marie MILIS stepped down as director. NBB
- Isabelle MILIS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 31,720 (▼ 95% vs 2024). Source: NBB ↗
- Lucienne LANDENNE became a director. NBB
- Maurice ZIELENIEC became a director. NBB
- Jean-Marie MILIS became a director. NBB
In short
From € 134,919 loss in 2022 to € 31,720 profit in 2025.
Paid € 171,977 in corporate taxes since 2022.
Best year ever: 2024, with € 683,016 profit.
Management
Directors
According to the 2025 annual accounts
Lucienne LANDENNE
Director
since 2023 · until 2029
Maurice ZIELENIEC
Director
since 2023 · until 2029
Jean-Marie MILIS
Managing director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Route du Condroz 469
4031 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.980.254
- VAT number
- BE 0403.980.254
- Registered office
- Route du Condroz 469, 4031 Liège
- Names & denominations
- LAN 2 MIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered