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Constructie Lambrecht

Active Public limited companyfounded 1970active for 55 yearsHoogledestraat 122, 8610 KortemarkKBO/BCE: BE 0407.821.256 subsidiary of IBEFRA#2 oldest company in Kortemark, Manufacturing sector

Lifetime

19 annual accounts with figures on one time axis, 48 filings since 1977
peak €8.4m (2008)
-not published
lowest -€53,184 (2017)
€251,228▲ 20.4%
peak €11.5m (2013)
€2.1m▼ 0.5%
€3.9m▼ 21.1%
peak 37.6 FTE (2009)
27.6 FTE▼ 7.7%
Board5 names since 2019
2 directorsBV "IBEFRA" and 1 other
Owners2 names in the annual accounts
100%IBEFRA
Documentsfilings and deeds
21-04-2026101 days before the deadline
2025abbreviated format
New director 17-111 director resigning, 2 reappointments 25-08Dividend €250,000Debts from €4.9m to €3.9mCash from €190,813 to €281,484

Key points

from the 2025 annual accounts

Equity

€2.1m from €11.5m in 2013

Equity fell by 82% in 12 years.

Investments

€48,904 0.2 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

27.6 FTE from 37.6 in 2009

Between 2009 and 2025, 27% of the full-time equivalents disappeared.

Filings

48 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 10 to 101 days before the end of the period.

Position in the sector

€2.1m

More equity than 85% of companies in motor vehicles. Sector median €390,893 · 97 companies.

Checked score

92
Excellent
Financially stronger than 39% of small companies in motor vehicles (NACE 29)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 60 companies (NACE 29, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026highest value 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

60+5equity 34.8% of total assets
46+5short-term debt 25.6% · cash 4.7%
74+13return on assets 4.2%

Score breakdown

lowers risk
Founded in 1970
Size: 27.6 FTE, total assets €6.0m
Figures for financial year 2025 (filed on 21-04-2026)
Legal form: public limited company
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 29, small). It does better than 33% of them on solvency, 45% on liquidity, 52% on profitability and 25% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as Constructie Lambrecht has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Constructie Lambrecht itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 14,766 companies, not a prediction for Constructie Lambrecht. 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

Credit of up to €190,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.36 (2.88 in 2024), above the usual 1.5. Short-term debt is 25.6% and cash 4.7% of total assets. However, 65.2% of the assets are financed with debt and provisions.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 1970
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 27.6 FTE, total assets €6.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-04-2026)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
36 days early
2023
34 days early
2022
28 days early
2021
10 days early
2020
9 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 29), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (3 of the last 3 accounts filed within 65 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BC
BV "FRV Consult"
Director, Francis Verhelst, since 01-09-2025
B
Director, Francis Verhelst
  • IBEFRA 100%score 96equity €3.2m (2025) · 2025 annual accounts of IBEFRA
  • LAMKOR 100%equity €4.1m (2025) · 2021 annual accounts of LAMKOR
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0407821256
New director BV FRV CONSULT appointed, BV CUBEFOX resigned · Permanent representatives: Bert Lambrecht and Francis Verhelst · Director discharge: BV CUBEFOX · General meeting of 24-10-2025 · Gazette deed
1 director resigning, 2 reappointments Reappointments: BV CUBEFOX (director) and BV IBEFRA (director) · Permanent representatives: Bert Lambrecht and Francis Verhelst · Resignation: Luc Lambrecht (managing director) · General meeting of 05-06-2025 · Gazette deed
Amendment of the articles Gazette deed
All 63 events

Comparable companies

same main activity, similar in size and age
Company
Constructie Lambrecht Kortemark €6.0m €2.6m 34.8% 27.6
GHEYSEN EN VERPOORT Menen €7.5m €2.2m 89.5% 25.8
BUDÉ CONTAINERBOUW Dilsen-Stokkem €7.4m €2.5m 28.4% 26.5
HEBIC Wevelgem €2.9m €2.5m 90.2% 17.9
BAETENS - EKSAARDE Lokeren €2.9m €1.9m 90.0% 17.1
A & C NOYENS Olen €3.4m €2.6m 74.5% 16
B-TRAILERS La Calamine €4.8m €1.2m 32.8% 14.6

These companies have the same main activity as Constructie Lambrecht: manufacture of trailers and semi-trailers (NACE 29202). They are comparable in size and age: total assets between €2.9m and €7.5m, founded between 1983 and 1998.

Official details

Source: KBO
Status
Active since 31-12-1970Normal situation
Registered office
18 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Manufacture of trailers and semi-trailersNACE 29202and 13 others
Joint committee
209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit
2.039.737.6758610 Kortemark, since 25-02-2002
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €4.4mestimated
€6.0m▼ 14.8%
Employeeson 31-12-2025
28▼ 12.5%
Filing
Filed on 21-04-2026, 101 days before the end of the filing period
Financials

Insights on Constructie Lambrecht

Constructie Lambrecht has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €251,228.

Equity has been shrinking by about 17% per year since 2019. Its solvency ranks better than 38% of 97 sector peers (NACE 29, financial year 2025).

The computed 12-month bankruptcy probability is 0.1% (very low).

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 Constructie Lambrecht

What is the company number of Constructie Lambrecht?
The company number of Constructie Lambrecht is 0407.821.256. The VAT number is the same number with BE in front: BE 0407.821.256.
Where is Constructie Lambrecht based?
The registered office is at Hoogledestraat 122, 8610 Kortemark.Company details
What does Constructie Lambrecht do?
According to the KBO register, the main activity is manufacture of trailers and semi-trailers (NACE 29202).
What is the legal form of Constructie Lambrecht?
Constructie Lambrecht is a public limited company (NV).
When was Constructie Lambrecht founded?
Constructie Lambrecht was founded on 31-12-1970.
Is Constructie Lambrecht still active?
Yes, Constructie Lambrecht is an active enterprise in the KBO register.
How many employees does Constructie Lambrecht have?
Constructie Lambrecht had an average of 27.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Constructie Lambrecht fall under?
In its 2025 annual accounts, Constructie Lambrecht states joint committee 209 (White-collar workers in metal manufacturing).
What is the turnover of Constructie Lambrecht?
The turnover in financial year 2025 is ≈ €4.4m. This figure is estimated from the gross margin of €2.6m and 1,585 comparable companies of the same size. It probably lies between €3.0m and €7.3m. It is a rough estimate.
Is Constructie Lambrecht profitable?
In financial year 2025, Constructie Lambrecht made a profit of €251,228.
Where can I find the annual accounts of Constructie Lambrecht?
Constructie Lambrecht filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Constructie Lambrecht due?
Constructie Lambrecht must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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