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LUGAN

Active
Private limited companyfounded 200917 yrs activeGrote Markt 15, 9600 Ronse, BelgiumKBO/BCE: BE 0818.107.995
Summary

LUGAN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,001 and a net result of -€29,389. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 11293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Retail sale of meat and meat products, excluding game and poultry
NACE 47221Retail trade NACE 47222
1 site
How big
€1.1mtotal assets 2025
Equity
€37,001
Loss
-€29,389
Turnover not published (abridged schema)
Financially healthy?
52 Fair Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts filed 26 d late0 of 3 deeds read
Why 52- Higher-failure-rate sector- Annual accounts: weaker financial profile- Weak solvency vs sector+ Long track recordA punctual record breaksShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability63▼-16
Solvency29▼-2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.62 in 2024; short-term debt: 73% and cash: 14.5% of total assets), and 96.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.5%
Return on assets
-2.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 11293 sector peers (2025).
NBB · sector comparison
Position among 11293 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
57 d early
2023
77 d early
2022
61 d early
2021
5 d early
2020
52 d early
2019
16 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 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 5 December (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 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. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2019net €93,969 ▲19.4%

Key points

  • Caution: Staff fell in 2025from 7.8 FTE to 0 FTE ▼ 100% View
  • Caution: Among the weakest 12% on net resultsector median €28,692 · 11,279 companies -€29,389 View
  • Total assets 20256 fiscal years filed €1.1m View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Loss
-€29,389
Solvency
3.5%
Total assets▼ 12.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 26-02-2026Annual accounts filed
  2. 05-12-2024Annual accounts filed
  3. 30-06-2024Highest result since 2019
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€1,080awarded · 2023
FASFC
1authorised site
Go to Support & recognitions

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of meat and meat products, excluding…NACE 47221
Founded
28-08-2009
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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