ACTIVE

LUGANO DESIGN

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Financial year 2025 · closed on 31/12/2025

Net result

31,2 k €

+295.0% YoY

Gross margin

242,3 k €

-5.1% YoY

Equity

378,7 k €

+9.0% YoY

Workforce

4,1 ETP

-10.9% YoY

What does LUGANO DESIGN do?

LUGANO DESIGN is a Private limited company incorporated in 2007. Its main activity is: Manufacture of furniture. Its registered office is in Antwerpen. It employs on average 4,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0886.157.257

Incorporation

05/01/2007

Legal form

Private limited company

Registered office

Isabellalei 46
2018 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

4,1 ETP

Activities (NACE)

31002Manufacture of furniture· main 31020Manufacture of kitchen furniture 36130Water collection, treatment and supply 47551Retail sale of other household equipment in specialised stores 47591Retail sale of furniture, lighting equipment and other household articles in specialised stores 52441Warehousing and support activities for transportation+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	242,3 k €	-5.1%	255,5 k €	+24.3%	205,5 k €	-18.2%	251,2 k €	-9.3%	276,9 k €	+9.5%	252,9 k €	+26.4%	200 k €	+0.7%	198,7 k €	-26.5%	270,3 k €	+95.2%	138,5 k €	-2.5%	142 k €	+28.6%	110,4 k €	-11.7%	125,1 k €	-20.1%	156,6 k €	+55.8%	100,5 k €	-9.9%	111,6 k €	-20.2%	139,9 k €	-34.4%	213,3 k €	-26.9%	292 k €
EBITDA	48,5 k €	+23.5%	39,3 k €	+21.8%	32,2 k €	-27.3%	44,3 k €	+86.4%	23,8 k €	-68.8%	76,2 k €	+240%	22,4 k €	-64.5%	63,1 k €	-55.7%	142,3 k €	+550%	21,9 k €	-18.5%	26,9 k €	+43.4%	18,7 k €	-60.8%	47,8 k €	-4.1%	49,9 k €	+9.5%	45,6 k €	+20.8%	37,7 k €	-42.3%	65,3 k €	-60.9%	167,3 k €	-39.8%	278 k €
Operating result	22,9 k €	+1278%	1,7 k €	+1049%	-175 €	-101%	12,6 k €	+864%	1,3 k €	-97.6%	54,5 k €	+8467%	636,2 €	-97.7%	27,9 k €	-76.2%	117,5 k €	+41851%	-281,4 €	-102%	15,2 k €	+2143%	675,5 €	-93.9%	11 k €	-62.5%	29,4 k €	+44.4%	20,3 k €	+109%	9,7 k €	-73.5%	36,7 k €	-77.8%	165,3 k €	+218%	52 k €
Net result	31,2 k €	+295%	7,9 k €	+84.1%	4,3 k €	-63.4%	11,7 k €	+355%	2,6 k €	-94.0%	42,7 k €	+1072%	3,6 k €	-82.6%	21 k €	-72.4%	76 k €	+2210%	3,3 k €	-75.8%	13,6 k €	+1183%	1,1 k €	-87.7%	8,6 k €	+124%	3,9 k €	-80.5%	19,8 k €	+3853%	500,8 €	-97.4%	19,2 k €	-82.9%	112,4 k €	+236%	33,5 k €
Balance sheet
Equity	378,7 k €	+9.0%	347,5 k €	+6.2%	327,2 k €	+1.3%	322,9 k €	+3.8%	311,2 k €	+0.8%	308,6 k €	+16.1%	265,9 k €	+1.4%	262,2 k €	+8.7%	241,3 k €	+23.5%	195,3 k €	+1.7%	192 k €	-6.4%	205,1 k €	+0.5%	204 k €	+4.4%	195,4 k €	+2.0%	191,6 k €	+11.5%	171,8 k €	+0.3%	171,3 k €	+12.6%	152 k €	+283%	39,7 k €
Total assets	772 k €	-44.3%	1,4 M €	+52.5%	908,8 k €	-7.2%	979,2 k €	+5.8%	925,8 k €	+0.7%	919,5 k €	-0.8%	926,5 k €	+15.7%	801 k €	-17.0%	965,2 k €	+27.1%	759,6 k €	+5.1%	722,7 k €	+13.5%	636,8 k €	+5.1%	606,1 k €	-4.2%	632,4 k €	+14.2%	553,7 k €	-25.6%	743,8 k €	+39.7%	532,3 k €	+57.5%	337,9 k €	+11.9%	302 k €
Cash	123,9 k €	+301%	30,9 k €	-59.7%	76,6 k €	-49.8%	152,5 k €	+30.5%	116,9 k €	-37.9%	188,4 k €	-8.0%	204,6 k €	+16.7%	175,3 k €	-40.5%	294,4 k €	+2.7%	286,7 k €	+7.5%	266,7 k €	+2.7%	259,6 k €	+112%	122,4 k €	+139%	51,2 k €	-59.0%	124,7 k €	-47.5%	237,3 k €	+141%	98,4 k €	+38.7%	71 k €	+71.0%	41,5 k €
Debts	241,1 k €	-65.3%	695,8 k €	+34.2%	518,3 k €	-1.7%	527,1 k €	+12.9%	466,9 k €	+44.8%	322,5 k €	-27.0%	441,9 k €	+3.6%	426,4 k €	-14.1%	496,5 k €	+25.3%	396,3 k €	+26.6%	313 k €	-27.5%	431,7 k €	+7.4%	402 k €	-8.0%	437 k €	+20.7%	362,2 k €	-36.7%	572 k €	+62.0%	353 k €	+398%	70,8 k €	-54.1%	154,3 k €
Other
Workforce	4,1 ETP	-10.9%	4,6 ETP	+35.3%	3,4 ETP	-15.0%	4,0 ETP	-2.4%	4,1 ETP	+2.5%	4,0 ETP	+2.6%	3,9 ETP	+30.0%	3,0 ETP	-14.3%	3,5 ETP	-16.7%	4,2 ETP	+7.7%	3,9 ETP	+18.2%	3,3 ETP	+10.0%	3,0 ETP	0.0%	3,0 ETP	+36.4%	2,2 ETP	-21.4%	2,8 ETP	+21.7%	2,3 ETP	+15.0%	2,0 ETP	+300%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Rachel Fogel

Director · since 05 janvier 2007

Active

Ended mandates

Rachel Fogel

Director

Ended

Rachel Fogel

Manager

Ended

Rachel Lea FOGEL

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	29/09/2025	07/10/2024	10/10/2023	19/10/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	30/09/2024	25/09/2023	30/09/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	30/09/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2022	25/09/2023	10/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/09/2022	19/10/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/11/2020	21/12/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	07/05/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	17/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	10/12/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 3 ended

Active mandates

Rachel Fogel

Director · since 05 janvier 2007

Active

Ended mandates

Rachel Fogel

Director

Ended

Rachel Fogel

Manager

Ended

Rachel Lea FOGEL

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2007
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

2025
Annual accounts 202531,2 k €↑
2024
Annual accounts 20247,9 k €↑
2023
Annual accounts 20234,3 k €↓
2022
Annual accounts 202211,7 k €↑
2021
Annual accounts 20212,6 k €↓
2020
Annual accounts 202042,7 k €↑
2019
Annual accounts 20193,6 k €↓
2018
Annual accounts 201821 k €↓
2017
Annual accounts 201776 k €↑
2016
Annual accounts 20163,3 k €↓
2015
Annual accounts 201513,6 k €↑
2014
Annual accounts 20141,1 k €↓
2013
Annual accounts 20138,6 k €↑
2012
Annual accounts 20123,9 k €↓
2011
Annual accounts 201119,8 k €↑
2010
Annual accounts 2010500,8 €↓
2009
Annual accounts 200919,2 k €↓
2008
Annual accounts 2008112,4 k €↑
2007
Annual accounts 200733,5 k €
05/01/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LUGANO DESIGN

Overview

What does LUGANO DESIGN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline