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LANICO

Active Private limited companyfounded 2005active for 21 yearsGrote Steenweg 232, 3454 GeetbetsKBO/BCE: BE 0876.613.942

Lifetime

20 annual accounts with figures on one time axis
peak €186,481 (2014)
-€9,668▼ €2,362
lowest -€85,393 (2018)
-€13,087▲ €23,130
peak €434,759 (2016)
-€38,843▼ €13,087
€221,234▲ 4.7%
Board3 names since 2005
3 directors and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€7,306 to -€9,668Loss of €13,087Equity from -€25,756 to -€38,843Investments €1,694Cash from €6,957 to €2,504

Key points

from the 2025 annual accounts

Equity

-€38,843
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€159,721 in six years
-42,9052020-43,3342021-15,4882022-8,6902023-36,2172024-13,0872025

Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.

Debts

€221,234 121% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 99%

Investments

€1,694 4.8 × depreciation
20212025

Green is investment, beige is depreciation.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.

Position in the sector

-21.3%

Lower solvency than 90% of companies in real estate. Sector median 31.0% · 19,830 companies.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,795 companies had the same profile as LANICO has now. Each dot stands for 7 companies, two years later.

90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,795 companies, not a prediction for LANICO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 04-12-2023
Manager
Director, since 04-12-2023

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0876613942
Changes of role: (director) and (director) Director discharge: (manager) · Director discharge: (manager) · General meeting of 04-12-2023 · Gazette deed
Capital decrease of €244,100 to €18,600 Capital from €262,700 to €18,600, 2,000 shares cancelled · General meeting of 29-12-2017 · Gazette deed
Appointment: (manager) General meeting of 01-07-2014 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
LANICO Geetbets €182,391 -€9,668 -21.3% -
EDGE Build Halle €199,989 -€254,980 -51.7% -
Brussels Shipping Grimbergen €166,059 -€1,077 18.0% -
LIGHTHOUSE PARKINGS Ghent €185,402 -€9,978 99.8% -
MILHO Torhout €192,389 -€15,597 100.0% 0
Militair Hospitaal Antwerpen Ghent €172,794 €848 67.8% -
LAUDUS INVEST Grobbendonk €184,914 -€8,031 -46.9% -

These companies have the same main activity as LANICO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €166,000 and €200,000, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 07-10-2005Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.149.471.6963454 Geetbets, since 18-10-2005
Financial year end
31 December
Peppol
Reachable since 13-10-2026
Company details

Annual accounts 2025

€182,391▼ 1.7%
Filing
Filed on 31-08-2026
Financials

Insights on LANICO

LANICO files the micro format. That format states no turnover. The gross margin rose from -€39,724 in 2006 to -€9,668 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LANICO

What is the company number of LANICO?
The company number of LANICO is 0876.613.942. The VAT number is the same number with BE in front: BE 0876.613.942.
Where is LANICO based?
The registered office is at Grote Steenweg 232, 3454 Geetbets.Company details
What does LANICO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of LANICO?
LANICO is a private limited company (BV).
When was LANICO founded?
LANICO was founded on 07-10-2005.
Is LANICO still active?
Yes, LANICO is an active enterprise in the KBO register.
What is the turnover of LANICO?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is LANICO profitable?
In financial year 2025, LANICO made a loss of €13,087.
Where can I find the annual accounts of LANICO?
LANICO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LANICO due?
LANICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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