ACTIVE

LAVANO

Financial year 2025 · closed on 30/09/2025
Net result
932 k €
-61.5% YoY
Revenue
9,2 M €
-6.3% YoY
Equity
10 M €
+10.3% YoY
Workforce
14,0 ETP
-6.7% YoY

What does LAVANO do?

LAVANO is a Public limited company incorporated in 1995. Its registered office is in Mouscron. It employs on average 14,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.592.973
Incorporation
20/02/1995
Legal form
Public limited company
Registered office
Rue de Rolleghem 385
7700 Mouscron · WallonieSee on map
Contributed capital
74 368,06 €
Latest accounts
30/09/2025
Average workforce
14,0 ETP
Joint committees (6)
  • 100
  • 124
  • 142
  • 14204
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201220112010200920082007
Income statement
Revenue9,2 M €9,8 M €8,6 M €9 M €7,9 M €7 M €7,3 M €7,1 M €8,5 M €6 M €6,5 M €6,2 M €5,6 M €3,9 M €
EBITDA3 M €4,2 M €3,1 M €3,5 M €4 M €2,3 M €2,1 M €3 M €2,5 M €1,1 M €1,5 M €1,8 M €730,3 k €1,1 M €984,1 k €1 M €1,1 M €1,6 M €
Operating result1,2 M €2,8 M €2,1 M €2,1 M €2,6 M €1 M €864,9 k €1,8 M €1,8 M €486,4 k €913,1 k €1,3 M €-3,5 k €521,7 k €346 k €63,1 k €-38 k €195,6 k €
Net result932 k €2,4 M €1,7 M €1,8 M €2,2 M €933,2 k €720,9 k €1,6 M €1,2 M €371,2 k €783,9 k €1,1 M €160,9 k €409,5 k €283,9 k €253 k €233,7 k €286,5 k €
Balance sheet
Equity10 M €9 M €7,9 M €7,2 M €6,1 M €4,7 M €4,4 M €4,1 M €3,7 M €3,1 M €3,3 M €4,9 M €3,9 M €3,7 M €3,3 M €3 M €2,8 M €2,6 M €
Total assets10,9 M €11,8 M €10,9 M €9,5 M €8,1 M €6,7 M €5,8 M €6,2 M €6,5 M €5,3 M €6,2 M €7,5 M €5,8 M €6,2 M €4,8 M €3,8 M €3,8 M €4,9 M €
Cash1,1 M €2,1 M €5,8 M €3,3 M €2 M €1,1 M €1,4 M €1,6 M €2 M €1,5 M €1,7 M €3,5 M €536,6 k €2,9 M €2 M €1,1 M €760,2 k €1,2 M €
Debts679,9 k €2,5 M €2,1 M €1,7 M €1,3 M €1,7 M €969,3 k €1,8 M €2,3 M €1,8 M €2,4 M €1,6 M €547,2 k €1,7 M €751,5 k €698 k €954,8 k €2,2 M €
Other
Workforce14,0 ETP15,0 ETP15,6 ETP14,6 ETP13,6 ETP15,7 ETP22,2 ETP22,3 ETP23,6 ETP21,1 ETP21,8 ETP22,1 ETP23,4 ETP22,6 ETP21,5 ETP20,9 ETP18,7 ETP17,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 28 ended

Active mandates

Erik Buyssens

Director · since 01 mars 2024 · until 01 mars 2030

Active
LAVAERT INVEST

Managing director · since 01 mars 2024 · until 01 mars 2030 · 0845.682.424

Represented by Isabel LAVAERT

Active
Raphaël Lavaert

Director · since 01 mars 2024 · until 01 mars 2030

Active

Ended mandates

Erik Buyssens

Director · since 04 février 2025 · until 04 février 2031

Ended
LAVAERT INVEST

Managing director · since 04 février 2025 · until 04 février 2031 · 0845.682.424

Represented by Isabel LAVAERT

Ended
Raphaël Lavaert

Director · since 04 février 2025 · until 04 février 2031

Ended
LAVAERT INVEST

Managing director · since 01 mars 2019 · until 01 mars 2024 · 0845.682.424

Represented by Isabel Lavaert

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202628/03/202513/03/202403/05/202304/03/202223/04/2021
General meeting06/03/202607/03/202501/03/202403/03/202304/03/202205/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202506/03/202628/04/2026FrenchPDF
Full model30/09/202407/03/202528/03/2025FrenchPDF
Full model30/09/202301/03/202413/03/2024FrenchPDF
Full model30/09/202203/03/202303/05/2023FrenchPDF
Full model30/09/202104/03/202204/03/2022FrenchPDF
Full model30/09/202005/03/202123/04/2021FrenchPDF
Full model30/09/201906/03/202030/04/2020FrenchPDF
Full model30/09/201801/03/201930/04/2019FrenchPDF
Full model30/09/201702/03/201823/04/2018FrenchPDF
Full model30/09/201603/03/201728/04/2017FrenchPDF
Full model30/09/201504/03/201606/04/2016FrenchPDF
Full model30/09/201417/04/201529/05/2015FrenchPDF
Full model30/09/201328/03/201410/07/2014FrenchPDF
Full model30/09/201229/03/201330/04/2013FrenchPDF
Abridged model30/09/201102/03/201223/04/2012FrenchPDF
Abridged model30/09/201004/03/201126/04/2011FrenchPDF
Abridged model30/09/200905/03/201006/04/2010FrenchPDF
Abridged model30/09/200806/03/200928/05/2009FrenchPDF
Abridged model30/09/200707/03/200804/04/2008FrenchPDF
Abridged model30/09/200602/03/200727/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 28 ended

Active mandates

Erik Buyssens

Director · since 01 mars 2024 · until 01 mars 2030

Active
LAVAERT INVEST

Managing director · since 01 mars 2024 · until 01 mars 2030 · 0845.682.424

Represented by Isabel LAVAERT

Active
Raphaël Lavaert

Director · since 01 mars 2024 · until 01 mars 2030

Active

Ended mandates

Erik Buyssens

Director · since 04 février 2025 · until 04 février 2031

Ended
LAVAERT INVEST

Managing director · since 04 février 2025 · until 04 février 2031 · 0845.682.424

Represented by Isabel LAVAERT

Ended
Raphaël Lavaert

Director · since 04 février 2025 · until 04 février 2031

Ended
LAVAERT INVEST

Managing director · since 01 mars 2019 · until 01 mars 2024 · 0845.682.424

Represented by Isabel Lavaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/05/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/04/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/11/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/05/2006
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/05/2005
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025932 k €
  2. 2024
    Annual accounts 20242,4 M €
  3. 2023
    Annual accounts 20231,7 M €
  4. 2022
    Annual accounts 20221,8 M €
  5. 2021
    Annual accounts 20212,2 M €
  6. 2020
    Annual accounts 2020933,2 k €
  7. 2019
    Annual accounts 2019720,9 k €
  8. 2018
    Annual accounts 20181,6 M €
  9. 2017
    Annual accounts 20171,2 M €
  10. 2015
    Annual accounts 2015371,2 k €
  11. 2014
    Annual accounts 2014783,9 k €
  12. 2013
    Annual accounts 20131,1 M €
  13. 2012
    Annual accounts 2012160,9 k €
  14. 2011
    Annual accounts 2011409,5 k €
  15. 2010
    Annual accounts 2010283,9 k €
  16. 2009
    Annual accounts 2009253 k €
  17. 2008
    Annual accounts 2008233,7 k €
  18. 2007
    Annual accounts 2007286,5 k €
  19. 20/02/1995
    IncorporationPublic limited company