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Lambrecht Decoratie

Active
Public limited companyfounded 1987active for 38 yearsParkstraat 7, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0432.691.066

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Lambrecht Decoratie has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €415,738 and a net result of €117,024. Equity has been shrinking by about 8.5% per year since 2018. Its solvency ranks better than 64% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Lambrecht DecoratieActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 07-12-1987 Normal situation
Legal form
Public limited company
Registered office
Parkstraat 7, 8710 Wielsbeke
Activity
Painting of buildings NACE 43341and 3 others
Establishment unit
2.035.316.455 8710 Wielsbeke, since 11-03-1988
Financial year end
31 December
Peppol
Reachable since 29-10-2024
Company details

Board and ownership

Board
Office holders in the KBO
Shareholders
Board & ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€874,341
▼ 13.8%
Turnover
≈ €2.6m
estimated
Profit
€117,024
▼ 56.4%
Equity
€415,738
▼ 16.6%
Total assets
€745,608
▲ 0.4%
Staff
10 FTE
▲ 4.2%
2025 accounts filed 86 days before the deadline
Filed on 06-05-2026PDF
Financials
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.43, cash €207,939Equity €415,738 (55.8% of total assets)Founded in 1987Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 81-11
equity 55.8% of total assets
Liquidity 63-10
short-term debt 44.2% · cash 27.9%
Profitability 88-12
return on assets 15.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (2,649 companies, NACE 43, small)
Last 24 months 11-2024: 0.1%highest value 12-2024: < 0.1%▼ -0.1 percentage points vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (2.08 in 2024), below the usual 1.5. Short-term debt is 44.2% and cash 27.9% of total assets. 44.2% of the assets are financed with debt and provisions.
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 43, small). It does better than 74% of them on solvency, 79% on liquidity, 88% on profitability and 14% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.43, cash €207,939
NBB · annual accounts
lowers risk · Equity €415,738 (55.8% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
86 days early
2024
86 days early
2023
76 days early
2022
34 days early
2021
32 days early
2020
36 days early
2019
9 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 51 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 17 May (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Caution: Result fell in 2025from €268,564 to €117,024 ▼ 56.4% View
  • Positive: 5th largest employer in Wielsbeke, Construction sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €117,024 8 years View

Documents

Annual accounts at the NBB

All 38 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Lambrecht Decoratie

What is the company number of Lambrecht Decoratie?
The company number of Lambrecht Decoratie is 0432.691.066. The VAT number is the same number with BE in front: BE 0432.691.066.
Where is Lambrecht Decoratie based?
The registered office is at Parkstraat 7, 8710 Wielsbeke.Company details
What does Lambrecht Decoratie do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Lambrecht Decoratie?
The legal form of Lambrecht Decoratie is Public limited company (NV).
When was Lambrecht Decoratie founded?
Lambrecht Decoratie was founded on 07-12-1987.
Is Lambrecht Decoratie still active?
Yes, Lambrecht Decoratie is an active enterprise in the KBO register.
How many employees does Lambrecht Decoratie have?
Lambrecht Decoratie had an average of 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Lambrecht Decoratie?
The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €874,341 and 40 comparable companies (NACE 433). It probably lies between €1.9m and €3.2m.
Is Lambrecht Decoratie profitable?
In financial year 2025, Lambrecht Decoratie made a profit of €117,024.
Where can I find the annual accounts of Lambrecht Decoratie?
Lambrecht Decoratie filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Lambrecht Decoratie due?
Lambrecht Decoratie must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to Lambrecht Decoratie

Comparable companies

These companies have the same main activity as Lambrecht Decoratie: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €649,000 and €930,000, founded between 1977 and 1999.

CompanyTotal assetsGross margin
Lambrecht Decoratie Wielsbeke€745,608€874,341
PUBLI LETTRAL Ardooie€929,570€985,667
GODECOR Moorslede€847,769€648,348
JODECOR Kortrijk€870,796€762,848
EURO PEINT Liège€808,505€662,991
EPSILON PAINTING Flémalle€726,781€586,316
Woondecoratie Patrick Walravens Asse€648,529€651,675
Full comparison

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check

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