ACTIVE

LUGANO

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Financial year 2024 · closed on 31/12/2024
Net result
-29 k €
+96.5% YoY
Gross margin
2,7 M €
-48.4% YoY
Equity
179 k €
-13.9% YoY
Workforce
40,9 ETP
+0.2% YoY

What does LUGANO do?

LUGANO is a Private limited company incorporated in 2009. Its main activity is: Hotels and similar accommodation. Its registered office is in Knokke-Heist. It employs on average 40,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.358.102
Incorporation
22/01/2009
Legal form
Private limited company
Registered office
Elizabetlaan 85
8300 Knokke-Heist · FlandreSee on map
Contributed capital
85 000,00 €
Latest accounts
31/12/2024
Average workforce
40,9 ETP
Activities (NACE)
55100Hotels and similar accommodation· main55100Hotels and similar accommodation46349Wholesale of beverages46349Wholesale of beverages46392Non-specialised wholesale of food, beverages and tobacco46392Non-specialised wholesale of food, beverages and tobacco+2
Joint committees (1)
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin2,7 M €5,2 M €3,8 M €2,2 M €––––––2,8 M €2,5 M €1,8 M €1,8 M €1,1 M €
EBITDA800,7 k €449,5 k €1,5 M €727,1 k €783 k €1 M €1,1 M €1,1 M €864,2 k €699,5 k €819,9 k €699,8 k €745,3 k €555 k €290,3 k €
Operating result112,4 k €-475 k €703,8 k €111,3 k €203,9 k €518,6 k €651,8 k €679,1 k €484,8 k €168,1 k €156,2 k €-244,6 k €-15,6 k €-325,2 k €-450,1 k €
Net result-29 k €-832,3 k €621,7 k €37,5 k €122,8 k €382,8 k €362,6 k €566,4 k €143,3 k €68,6 k €22,9 k €57,7 k €-169,3 k €-502,7 k €-509,2 k €
Balance sheet
Equity179 k €207,9 k €1 M €418,5 k €381 k €258,3 k €1,3 M €962,8 k €396,4 k €253,1 k €184,5 k €161,6 k €-831,2 k €-661,8 k €-159,2 k €
Total assets6,1 M €6,4 M €6,7 M €6,3 M €5,3 M €5,3 M €5 M €5 M €4,6 M €4,8 M €5 M €5,6 M €5,1 M €6 M €5,4 M €
Cash447,1 k €186,3 k €495,7 k €684,2 k €227,4 k €145,3 k €95,4 k €124 k €6,6 k €27,8 k €12,6 k €43,3 k €59,7 k €441,3 k €5 k €
Debts5,9 M €6,1 M €5,7 M €5,9 M €4,9 M €5 M €3,6 M €4,1 M €4,2 M €4,6 M €4,8 M €5,5 M €5,9 M €6,6 M €5,6 M €
Other
Workforce40,9 ETP40,8 ETP53,7 ETP46,8 ETP65,8 ETP49,8 ETP42,8 ETP54,4 ETP55,3 ETP67,3 ETP63,6 ETP53,7 ETP42,8 ETP50,8 ETP31,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

LUGANO IP

Director · 0451.057.522

Represented by Stefan Vanhollebeke

Active

Ended mandates

LUGANO IP

Manager · 0451.057.522

Represented by Stefan Vanhollebeke

Ended
LUGANO IP

Manager · 0451.057.522

Represented by Stefan Vanhollebeke

Ended
Stefan Vanhollebeke

Director · until 03 novembre 2020

Ended
Stefan Vanhollebeke

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
GROEP LUGANO● Active
0505.780.467
HOTEL BRITANNIA● Active
0866.163.874
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelFull modelFull model
Start of the financial year01/01/202401/02/202201/02/202101/02/202001/02/201901/02/2018
Closing of the financial year31/12/202431/12/202331/01/202231/01/202131/01/202031/01/2019
Length of the financial year12 months23 months12 months12 months12 months12 months
Filing date28/08/202531/10/202430/11/202215/11/202111/12/202014/10/2019
General meeting20/08/202524/10/202416/10/202212/11/202110/12/202020/07/2019
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202420/08/202528/08/2025DutchPDF
Abridged model31/12/202324/10/202431/10/2024DutchPDF
Abridged model31/01/202216/10/202230/11/2022DutchPDF
Abridged model31/01/202112/11/202115/11/2021DutchPDF
Full model31/01/202010/12/202011/12/2020DutchPDF
Full model31/01/201920/07/201914/10/2019DutchPDF
Full model31/01/201823/07/201826/09/2018DutchPDF
Full model31/01/201726/08/201728/09/2017DutchPDF
Full model31/01/201626/08/201629/09/2016DutchPDF
Full model31/01/201518/07/201524/08/2015DutchPDF
Abridged model31/01/201419/07/201426/09/2014DutchPDF
Abridged model31/01/201320/09/201330/09/2013DutchPDF
Abridged model31/01/201222/09/201227/09/2012DutchPDF
Abridged model31/03/201120/09/201122/09/2011DutchPDF
Abridged model31/03/201021/09/201029/10/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024 · 1 active · 4 ended

Active mandates

LUGANO IP

Director · 0451.057.522

Represented by Stefan Vanhollebeke

Active

Ended mandates

LUGANO IP

Manager · 0451.057.522

Represented by Stefan Vanhollebeke

Ended
LUGANO IP

Manager · 0451.057.522

Represented by Stefan Vanhollebeke

Ended
Stefan Vanhollebeke

Director · until 03 novembre 2020

Ended
Stefan Vanhollebeke

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office10/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other25/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/12/2018
    KAPITAAL - AANDELEN
    PDF
  • Other26/11/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/02/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other02/04/2009
    DIVERSEN
    PDF
  • Other03/02/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 2024-29 k €↑
  2. 2023
    Annual accounts 2023-832,3 k €↓
  3. 2022
    Annual accounts 2022621,7 k €↑
  4. 2021
    Annual accounts 202137,5 k €↓
  5. 2020
    Annual accounts 2020122,8 k €↓
  6. 2019
    Annual accounts 2019382,8 k €↑
  7. 2018
    Annual accounts 2018362,6 k €↓
  8. 2017
    Annual accounts 2017566,4 k €↑
  9. 2016
    Annual accounts 2016143,3 k €↑
  10. 2015
    Annual accounts 201568,6 k €↑
  11. 2014
    Annual accounts 201422,9 k €↓
  12. 2013
    Annual accounts 201357,7 k €↑
  13. 2012
    Annual accounts 2012-169,3 k €↑
  14. 2011
    Annual accounts 2011-502,7 k €↑
  15. 2010
    Annual accounts 2010-509,2 k €
  16. 22/01/2009
    IncorporationPrivate limited company