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 2025 and 2026.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
LARAL from Nivelles, company number BE0729584015, closed financial year 2026 with a result of € -75,560 after tax. For that financial year LARAL recorded revenue of € 6.4 million and equity of € 6.1 million. Compared with financial year 2025, the result moved from € -945,559 to € -75,560. 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 July 9, 2026.
€ 6.1 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -75,560
▲ 92 % less loss than in 2025
Profit after tax over the fiscal year.
€ 576,407
▲ 57% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2026
53.8
▼ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 6% vs 2025
€ 61,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,703
▼ 56% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 570,707
▲ 55% vs 2025
€ 35,937 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 181,001
▼ 56% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 794,209
▲ 42% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 5,765,408 | € 6,476,938 | € 6,404,155 | € 6,448,128 | ▲ 1% |
| Profit after taxes | € -1,673,139 | € -544,283 | € -945,559 | € -75,560 | ▲ € 870,000 |
| Equity | € 7,694,997 | € 7,150,714 | € 6,205,154 | € 6,129,595 | ▼ 1% |
| Total debts | € 2,125,794 | € 1,418,856 | € 1,379,651 | € 1,545,917 | ▲ 12% |
| Cash | € 648,545 | € 305,562 | € 367,436 | € 576,407 | ▲ 57% |
| Retained profit | € 544,997 | € 714 | € -944,846 | € -1,020,405 | ▼ € 75,560 |
| Bank debt | € 206,877 | € 421,356 | € 369,068 | € 570,707 | ▲ 55% |
| Balance sheet total | € 9,820,791 | € 8,569,570 | € 7,584,806 | € 7,675,512 | ▲ 1% |
| Employees (FTE) | 54.2 | 58.5 | 54.3 | 53.8 | ▼ 0.5 |
Key figures of LARAL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to LARAL?
What happened at LARAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAVAJ stepped down as director. NBB
- Pascale Maniet stepped down as director. NBB
- George Vanderplancke stepped down as director. NBB
- ALLI VDP stepped down as director. NBB
- Invest.BW stepped down as director. NBB
- DING stepped down as director. NBB
- ASL Management stepped down as director. NBB
- Jacques Maniet stepped down as director. NBB
In short
From € 1.7 million loss in 2023 to € 75,560 loss in 2026.
Paid € 464,248 in corporate taxes since 2023.
Pays suppliers within 24 days on average.
Management
The stake of ARGOPAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LARALThe shares are held by ARGOPAL (100%). It owns 99.3% of HUNTER'S and 94.8% of CHAUSSURES MANIET itself.
Directors
According to the 2026 annual accounts
since 2025 · until 2031
Managing director · represented by Allison VANDERPLANCKE
Also active at: CLABOTS, CHAUSSURES MANIET, ATELIER DASCOTTE
since 2025 · until 2031
Director · represented by Pierre DE WAHA
Also active at: SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON, SYBERMAT, SCALE UP, TCO Service, Made in BW, Whitestone Group, n-Side, CROSSFACTORY +23 more
since 2025 · until 2031
since 2025 · until 2031
Chairman of the board · represented by Denis Richelle
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
HUNTER'S
99.3%
94.8%
Establishments
Establishment units
Physical locations of this company
Avenue Thomas Edison 111
1402 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →MANEXCO same network
€ 717,784 gross margin · 2026
CHAUSSURES MANIET same network
€ 58.3 million revenue · 2026
IMMOBILIERE ARPAL
DE BEYNE
€ 303,961 gross margin · 2025
HOME SWEET JOY
€ -6,046 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0729.584.015
- VAT number
- BE 0729.584.015
- Registered office
- Avenue Thomas Edison 111, 1402 Nivelles
- Names & denominations
- LARAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2019
- Peppol
- Active · Active since 21 Aug 2025
- Activities · NACE
Activiteiten van hoofdkantoren