Constructie Lambrecht
ActiveSummary
Constructie Lambrecht has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €251,228. Equity is shrinking by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 80 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+13
Solvency60▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 3.36 against 2.88 in 2024; short-term debt: 25.6% and cash: 4.7% of total assets), but 65.2% 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○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.8%
Return on assets
4.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 filingsDeviation from the deadline
2025
101 d early
2024
36 d early
2023
34 d early
2022
28 d early
2021
10 d early
2020
9 d early
2019
42 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 37 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Kortemark, Manufacturing sector#6 employer in Kortemark, Manufacturing sector#9 company by total assets in Kortemark, Manufacturing sector
Equity
€2.1m▼ 0.5%
2024 · €2.1m
Total assets
€6.0m▼ 14.8%
2024 · €7.1m
Net result
€251,228▲ 20.4%
2024 · €208,621
Working capital
€3.6m▼ 7.8%
2024 · €3.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€328,908▼ 28.1%-€40,129€177,626€329,078▲ 85.3%€377,524▲ 14.7%
Net result€315,629▼ 19.5%€76,781▼ 75.7%€70,964▼ 7.6%€208,621▲ 194%€251,228▲ 20.4%
Equity€7.1m▲ 4.7%€2.3m▼ 67.2%€2.1m▼ 7.7%€2.1m▼ 1.9%€2.1m▼ 0.5%
Total assets€8.6m▲ 8.4%€8.4m▼ 2.6%€7.8m▼ 6.5%€7.1m▼ 9.7%€6.0m▼ 14.8%
Debt€1.4m▲ 30.9%€6.0m▲ 328%€5.6m▼ 6.1%€4.9m▼ 12.7%€3.9m▼ 21.1%
Working capital€6.1m▲ 1.7%€4.2m▼ 30.3%€4.5m▲ 7.2%€3.9m▼ 12.6%€3.6m▼ 7.8%
Staff (FTE)34▲ 6.3%32.3▼ 5.0%29.6▼ 8.4%29.9▲ 1.0%27.6▼ 7.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +194% on 2023. The previous fiscal year ran 18 months, this one 12.
- 2022 Net result -76%, Equity -67% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.0m
Fixed assets
€833,686 ▼ 17.3%
Current assets
€5.2m ▼ 14.4%
Equity and liabilities €6.0m
Equity
€2.1m ▼ 0.5%
Provisions
€69,101 =
Debt
€3.9m ▼ 21.1%
Debt's share of the balance-sheet total falls from 69.2% to 64.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€600,738▲
2024 · €592,167
Cash flow
€474,442▲
2024 · €471,711
Current ratio
3.36▲
2024 · 2.88
Quick ratio
0.65▲
2024 · 0.64
Debt to equity
1.84▼
2024 · 2.32
ROE
12.0%▲
2024 · 9.9%
ROA
4.2%▲
2024 · 3.0%
Interest coverage
7.44▲
2024 · 4.58
Debt ≤ 1 year
€1.5m▼
2024 · €2.1m
Debt > 1 year
€2.3m▼
2024 · €2.7m
Income taxes
€84,692▲
2024 · €45,839
Staff costs
€1.9m▼
2024 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €500 | €277,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €2.0m | €2.6m | €2.0m | €1.9m | ▼ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €269,949 | €270,177 | €388,600 | €263,089 | €223,214 | ▼ 15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €19,408 | -€16,529 | €7,143 | -€10,643 | ▼ 249% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€19,200 | €0 | - | - | - |
| Other operating charges640/8 | - | €198,758 | €89,822 | €48,951 | €74,867 | ▲ 52.9% |
| Non-recurring operating charges66A | - | - | €96,532 | €0 | - | - |
| Gross operating margin9900 | €2.6m | €2.4m | €3.4m | €2.6m | €2.6m | ▼ 2.6% |
| Operating profit (loss)9901 | €328,908 | -€40,129 | €177,626 | €329,078 | €377,524 | ▲ 14.7% |
| Financial income75/76B | - | €161,124 | €71,982 | €54,617 | €39,154 | ▼ 28.3% |
| Recurring financial income75 | €82,578 | €161,124 | €71,982 | €54,617 | €39,154 | ▼ 28.3% |
| Financial charges65/66B | - | €42,067 | €177,981 | €129,234 | €80,758 | ▼ 37.5% |
| Recurring financial charges65 | €579 | €42,067 | €177,981 | €129,234 | €80,758 | ▼ 37.5% |
| Profit (loss) for the period before taxes9903 | €410,906 | €78,929 | €71,628 | €254,461 | €335,920 | ▲ 32.0% |
| Income taxes67/77 | €95,277 | €2,148 | €664 | €45,839 | €84,692 | ▲ 84.8% |
| Profit (loss) for the period9904 | €315,629 | €76,781 | €70,964 | €208,621 | €251,228 | ▲ 20.4% |
| Profit (loss) for the period to be appropriated9905 | €315,629 | €76,781 | €70,964 | €208,621 | €251,228 | ▲ 20.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.6m | €8.4m | €7.8m | €7.1m | €6.0m | ▼ 14.8% |
| Fixed assets21/28 | €1.1m | €1.3m | €1.1m | €1.0m | €833,686 | ▼ 17.3% |
| Intangible fixed assets21 | €232,833 | €244,011 | €263,866 | €243,594 | €185,480 | ▼ 23.9% |
| Tangible fixed assets22/27 | €909,345 | €1.1m | €873,434 | €764,131 | €647,936 | ▼ 15.2% |
| Plant, machinery and equipment23 | - | €221,721 | €160,931 | €110,885 | €82,400 | ▼ 25.7% |
| Furniture and vehicles24 | - | €205,989 | €100,290 | €70,681 | €46,344 | ▼ 34.4% |
| Other tangible fixed assets26 | - | €672,482 | €612,212 | €582,566 | €519,192 | ▼ 10.9% |
| Financial fixed assets28 | €405 | €405 | €270 | €270 | €270 | = |
| Current assets29/58 | €7.4m | €7.0m | €6.7m | €6.1m | €5.2m | ▼ 14.4% |
| Stocks and contracts in progress3 | €3.2m | €5.9m | €5.1m | €4.7m | €4.2m | ▼ 11.2% |
| Stocks30/36 | - | €4.1m | €4.4m | €4.3m | €3.9m | ▼ 9.6% |
| Contracts in progress37 | - | €1.8m | €745,081 | €384,973 | €271,831 | ▼ 29.4% |
| Amounts receivable within one year40/41 | €1.3m | €877,764 | €724,077 | €1.1m | €647,729 | ▼ 41.7% |
| Trade receivables40 | - | €802,224 | €591,316 | €1.1m | €563,173 | ▼ 47.9% |
| Other amounts receivable41 | - | €75,539 | €132,761 | €29,248 | €84,556 | ▲ 189% |
| Current investments50/53 | €808,787 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €376,810 | €267,934 | €802,291 | €190,813 | €281,484 | ▲ 47.5% |
| Deferred charges and accrued income490/1 | - | €10,749 | €52,085 | €43,612 | €71,840 | ▲ 64.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.6m | €8.4m | €7.8m | €7.1m | €6.0m | ▼ 14.8% |
| Equity10/15 | €7.1m | €2.3m | €2.1m | €2.1m | €2.1m | ▼ 0.5% |
| Contributions10/11 | €229,500 | €229,500 | €229,500 | €229,500 | €229,500 | = |
| Capital10 | - | €229,500 | €229,500 | €229,500 | €229,500 | = |
| Issued capital100 | - | €229,500 | €229,500 | €229,500 | €229,500 | = |
| Reserves13 | €6.8m | €2.1m | €1.9m | €1.8m | €1.8m | ▼ 0.6% |
| Non-distributable reserves130/1 | - | €22,950 | €22,950 | €22,950 | €22,950 | = |
| Legal reserve130 | - | €22,950 | €22,950 | €22,950 | €22,950 | = |
| Tax-exempt reserves132 | - | €41,673 | €41,673 | €41,673 | €41,673 | = |
| Distributable reserves133 | - | €2.0m | €1.8m | €1.8m | €1.8m | ▼ 0.6% |
| Profit (loss) carried forward14 | €1,016 | €0 | €0 | €0 | €0 | - |
| Investment grants15 | - | €27,913 | €27,913 | €27,913 | €27,913 | = |
| Provisions and deferred taxes16 | €88,301 | €69,101 | €69,101 | €69,101 | €69,101 | = |
| Provisions for liabilities and charges160/5 | - | €69,101 | €69,101 | €69,101 | €69,101 | = |
| Other liabilities and charges164/5 | - | €69,101 | €69,101 | €69,101 | €69,101 | = |
| Amounts payable17/49 | €1.4m | €6.0m | €5.6m | €4.9m | €3.9m | ▼ 21.1% |
| Amounts payable after more than one year17 | - | €3.1m | €3.4m | €2.7m | €2.3m | ▼ 16.6% |
| Financial debts170/4 | - | €3.1m | €3.4m | €2.7m | €2.3m | ▼ 16.6% |
| Amounts payable within one year42/48 | €1.4m | €2.8m | €2.2m | €2.1m | €1.5m | ▼ 26.7% |
| Current portion of amounts payable after more than one year42 | - | €260,203 | €419,246 | €452,396 | €454,295 | ▲ 0.4% |
| Financial debts43 | - | €800,000 | €675,000 | €525,000 | €175,000 | ▼ 66.7% |
| Credit institutions430/8 | - | €800,000 | €675,000 | €525,000 | €175,000 | ▼ 66.7% |
| Trade debts44 | €299,164 | €263,989 | €55,433 | €304,286 | €165,358 | ▼ 45.7% |
| Suppliers440/4 | - | €263,989 | €55,433 | €304,286 | €165,358 | ▼ 45.7% |
| Advances received on contracts in progress46 | - | €178,731 | €649,918 | €236,748 | €426,694 | ▲ 80.2% |
| Taxes, remuneration and social security45 | - | €241,415 | €355,921 | €423,270 | €261,734 | ▼ 38.2% |
| Taxes450/3 | - | €37,973 | €151,089 | €212,069 | €34,825 | ▼ 83.6% |
| Remuneration and social security454/9 | - | €203,441 | €204,831 | €211,201 | €226,909 | ▲ 7.4% |
| Other amounts payable47/48 | - | €1.1m | €0 | €160,609 | €57,940 | ▼ 63.9% |
| Accrued charges and deferred income492/3 | - | €52,645 | €34,185 | €42,156 | €24,966 | ▼ 40.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €315,629 | €76,781 | €70,964 | €208,621 | €251,228 | ▲ 20.4% |
| + Depreciation and write-downs630 | €269,949 | €270,177 | €388,600 | €263,089 | €223,214 | ▼ 15.2% |
| Operating cash flow (approximation) | €585,578 | €346,958 | €459,565 | €471,711 | €474,442 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | -€472,202 | -€181,562 | -€133,515 | -€48,904 | ▲ 63.4% |
| Change in cash | - | -€108,877 | €534,357 | -€611,478 | €90,671 | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €70,964 ▼7.6%
Net result drops to €70,964, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2002
Ground area
4,921 m²
Building footprint
4,866 m²
Volume, LiDAR
40,788 m³
Parcel 32011D0768/00W000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
Constructie Lambrecht
since 20022.039.737.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0768/00W000 | Flanders | 4,921 m² | 1 · 4,866 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 ownersChain of control
- IBEFRA
- Constructie Lambrecht
Highest known parent: IBEFRA. The sources do not say who stands above it.
Owners 2
- IBEFRAparentSourceaccounts IBEFRA 2025100%
- LAMKORparentSourceaccounts LAMKOR 2021100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 127,665 EUR awarded · 99,450 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 1,654 EUR | 1,204 EUR |
| 2024 | 2 | 54,100 EUR | 32,100 EUR |
| 2023 | 2 | 6,662 EUR | 32,862 EUR |
| 2022 | 4 | 65,249 EUR | 33,284 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600PLBR2ZTNKNN685
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Of 130 companies in sector 29202 we hold annual accounts for 85. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1970
Fiscal year end31-12
Activities, NACEBEL 2025
29202Manufacture of motor vehicles, trailers and semi-trailers
33110Repair and maintenance of fabricated metal products
25110Manufacture of metal structures and parts of structures
29201Manufacture of motor vehicles, trailers and semi-trailers
33170Repair, maintenance and installation of machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
46610Wholesale trade
46713Wholesale trade
77120Rental and leasing activities
77310Rental and leasing activities
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0407821256
Also
9925:BE0407821256
Registered
26-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.