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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
LUGAN from Dendermonde, company number BE0445269392, closed financial year 2025 with a result of € -4,340 after tax. For that financial year LUGAN recorded a gross margin of € 39,311 and equity of € 691,976. Compared with financial year 2024, the result moved from € -9,143 to € -4,340. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 691,976
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,340
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 90,723
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 629,976.
Debts at end 2025
€ 51,718
▼ 16% vs 2024
€ 10,061 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,564
▲ € 5,161 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,567
▲ 4% vs 2024
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 | € 580,236 | € 32,153 | € 34,557 | € 39,311 | ▲ 14% |
| Profit after taxes | € 410,217 | € -7,457 | € -9,143 | € -4,340 | ▲ € 4,803 |
| Equity | € 712,915 | € 705,459 | € 696,316 | € 691,976 | ▼ 1% |
| Total debts | € 150,678 | € 137,246 | € 131,377 | € 128,907 | ▼ 2% |
| Cash | € 92,710 | € 80,549 | € 77,561 | € 90,723 | ▲ 17% |
| Land & buildings | € 832,218 | € 807,366 | € 782,514 | € 757,791 | ▼ 3% |
| Retained profit | € 650,915 | € 643,459 | € 634,316 | € 629,976 | ▼ 1% |
| Bank debt | € 81,085 | € 71,430 | € 61,642 | € 51,718 | ▼ 16% |
| Balance sheet total | € 979,415 | € 954,857 | € 936,177 | € 925,697 | ▼ 1% |
Key figures of LUGAN, 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 LUGAN?
What happened at LUGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maarten Van Langenhove stepped down as director. NBB
- Karen Van Langenhove stepped down as director. NBB
- Patrick Van Langenhove stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,340. Source: NBB ↗
- Maarten Van Langenhove became a director. NBB
- Karen Van Langenhove became a director. NBB
- Patrick Van Langenhove became a director. NBB
- New establishment in Dendermonde. KBO
In short
From € 410,217 profit in 2022 to € 4,340 loss in 2025.
Paid € 7,483 in corporate taxes since 2022.
Best year ever: 2022, with € 410,217 profit.
Management
Directors
According to the 2025 annual accounts
Maarten Van Langenhove
Director
since 2023 · until 2029
since 2023 · until 2029
Patrick Van Langenhove
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Dijkstraat (DEN) 11 box 10
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.269.392
- VAT number
- BE 0445.269.392
- Registered office
- Dijkstraat (DEN) 11 bus 10, 9200 Dendermonde
- Names & denominations
- LUGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1991
- Peppol
- Not registered