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LAMBERT AIRCRAFT ENGINEERING

Active
Private limited companyfounded 199630 yrs activeVliegveld 59, 8560 Wevelgem, BelgiumKBO/BCE: BE 0457.234.145

LAMBERT AIRCRAFT ENGINEERING has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €214k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 37 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency41▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.68 against 4.04 in 2024; short-term debt: 26.5% and cash: 14.9% of total assets), but 84.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Sector 30
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
15.8%
Return on assets
15.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 37 sector peers (2025).
NBB · sector comparison
Position among 37 sector peers
Solvency
better than 23%
← weakest strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
12 d early
2023
12 d early
2022
136 d late
2021
501 d late
2020
10 d early
2019
15 d early
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€217k▲ 6,242%
2024 · €3k
2018: €-372k 2019: €-370k 2020: €-443k 2021: €-403k 2022: €-356k 2023: €-137k 2024: €3k
2018 → 2025
Total assets
€1.38M▲ 23.3%
2024 · €1.12M
2018: €959k 2019: €954k 2020: €935k 2021: €953k 2022: €1.05M 2023: €1.06M 2024: €1.12M
2018 → 2025
Net result
€214k▲ 52.3%
2024 · €140k
2018: €-36k 2019: €2k 2020: €-73k 2021: €40k 2022: €47k 2023: €222k 2024: €140k
2018 → 2025
Working capital
€978k▲ 20.7%
2024 · €810k
2018: €-469k 2019: €540k 2020: €595k 2021: €581k 2022: €632k 2023: €690k 2024: €810k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-403k-€-356k▲ 11.7%€-137k▲ 61.5%€3k€217k▲ 6,242%
Operating result€45k-€52k▲ 13.9%€219k▲ 326%€143k▼ 34.8%€216k▲ 51.0%
Net result€40k-€47k▲ 17.0%€222k▲ 371%€140k▼ 36.6%€214k▲ 52.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €45k€45kNet result 2021: €40k€40kOperating result 2022: €52k€52kNet result 2022: €47k€47kOperating result 2023: €219k€219kNet result 2023: €222k€222kOperating result 2024: €143k€143kNet result 2024: €140k€140kOperating result 2025: €216k€216kNet result 2025: €214k€214k20212022202320242025
The operating result recovers in 2025; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets €35k▼ 14.1%
Current assets €1.34M▲ 24.8%
Equity and liabilities €1.38M
Equity €217k▲ 6,242%
Debt €1.16M▲ 4.2%
The debt ratio falls from 99.7% to 84.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€232k
2024 · €159k
Cash flow
€230k
2024 · €157k
Solvency
15.8%
2024 · 0.3%
Current ratio
3.68
2024 · 4.04
Quick ratio
1.19
2024 · 1.13
Debt / equity
5.34
ROE
98.4%
ROA
15.5%
2024 · 12.6%
Interest coverage
119.35
2024 · 60.45
Debt
€1.16M
2024 · €1.11M
Debt ≤ 1 year
€365k
2024 · €266k
Debt > 1 year
€796k
2024 · €848k
Staff costs
€245k
2024 · €231k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.12M€1.38M
Fixed assets21/28€41k€35k
Intangible fixed assets21€4k€3k
Tangible fixed assets22/27€33k€28k
Plant, machinery and equipment23€25k€24k
Furniture and vehicles24€8k€4k
Financial fixed assets28€4k€5k
Current assets29/58€1.08M€1.34M
Stocks and contracts in progress3€776k€907k
Stocks30/36€774k€907k
Contracts in progress37€2k-
Amounts receivable within one year40/41€144k€222k
Trade receivables40€144k€222k
Other amounts receivable41€58€91
Cash at bank and in hand54/58€149k€205k
Deferred charges and accrued income490/1€8k€8k
Equity and liabilities
Total equity and liabilities10/49€1.12M€1.38M
Equity10/15€3k€217k
Contributions10/11€269k€269k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-272k€-58k
Amounts payable17/49€1.11M€1.16M
Amounts payable after more than one year17€848k€796k
Financial debts170/4€848k€796k
Amounts payable within one year42/48€266k€365k
Trade debts44€16k€27k
Suppliers440/4€16k€27k
Advances received on contracts in progress46€200k€246k
Taxes, remuneration and social security45€34k€89k
Taxes450/3€14k€43k
Remuneration and social security454/9€20k€46k
Other amounts payable47/48€17k€2k
Income statement Code20242025
Remuneration, social security and pensions62€231k€245k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k
Other operating charges640/8€15k€11k
Gross operating margin9900€405k€488k
Operating profit (loss)9901€143k€216k
Financial income75/76B€166€138
Recurring financial income75€166€138
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€140k€214k
Income taxes67/77€-8-
Profit (loss) for the period9904€140k€214k
Profit (loss) for the period to be appropriated9905€140k€214k
Appropriation of the result
Profit (loss) to be appropriated9906€-272k€-58k
Profit (loss) brought forward from the previous period14P€-412k€-272k
Social balance
Average headcount (FTE)90873.43.3

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €200kEq €217k ▲6242%
5 profitable years in a row build equity to €217k.
19-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €222k ▲371%
Operating result €219k, net result €222k, both a record.
14-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 136 days late
14-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 501 days late
2021
31-12
Financial Back to profitnet €40k
Net result €40k after one loss-making year.
21-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-73k ▼3790%
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial Liquidity times 6current ratio 3.41
Current ratio from 0.60 to 3.41; short-term debt falls from €1.18M to €224k.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Wevelgem · 1 establishment unit since 1996
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vliegveld 598560 Wevelgem
Ground area
3,323 m²
Building footprint
2,037 m²
Volume, LiDAR
12,513 m³
Parcel 34302B0875/00C013, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LAMBERT AIRCRAFT ENGINEERING
Vliegveld 59, 8560 WevelgemNACE 7420302
since 19962.075.673.108
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34302B0875/00C013 Flanders 3,323 m² 1 · 2,036 m² 7.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 536 EUR awarded · 536 EUR paid
Year Entries awardedpaid
2025 1 249 EUR536 EUR
2024 1 287 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 536 EUR · 536 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 110 companies in sector 30310 we hold annual accounts for 68. 34 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-1996
Fiscal year end31-12
Activities, NACEBEL
30300Manufacture of other transport equipment
30310Manufacture of other transport equipment
35300
74203
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.