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LAMBRECHTS

Active Public limited companyfounded 1941active for 85 yearsTragel 60, 9308 AalstKBO/BCE: BE 0404.031.922 subsidiary of PSR#1 oldest company in Aalst, Wholesale and retail trade sector
Part of the group PSR 19 companies
See the group

Lifetime

7 annual accounts with figures on one time axis, 48 filings since 1978
Gross marginpeak €235,701 (2020)
-€5,255▼ €83,295
Resultlowest -€93,775 (2024)
-€12,593▲ €81,182
Equitypeak €148,369 (2021)
-€71,741▼ €12,593
Debts
€180,772▲ 12.7%
Staffpeak 4 FTE (2019)
0 FTE▼ 100%
Board6 names since 2024
4 directorsJan De Nul and 3 others
Owners2 names in the annual accounts
100%PSR and 1 other
Documentsfilings and deeds
08-07-202623 days before the deadline
2025financial year
Gross margin from €78,039 to -€5,255Loss of €12,593Staff from 4 FTE to 0 FTEAppointment: BDO Bedrijfsrevisoren BV (statutory auditor) 14-072 directors appointed, 1 resignation 20-06Company renamed from BOUWMATERIALEN ALF. LAMBRECHTS to LAMBRE… 27-02

Key points

from the 2025 annual accounts

Equity

-€71,741
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€142,989 in four years
-34,1442022-2,4762023-93,7752024-12,5932025

Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€180,772 166% of the balance sheet

Staff

0 FTE ▼ 100%
4202402025

Fewer staff in 2025 from 4 FTE to 0 FTE.

At the same address

105 companies
  • TM RenoMetro seat since 01-10-2026
  • TM RenoMetro JDN A+ seat since 01-10-2026
  • TM R0Q EPC seat since 01-09-2026

Position in the sector

-65.8%

Lower solvency than 95% of companies in wholesale trade. Sector median 45.2% · 6,182 companies.

Checked score

53
Fair
Financially stronger than 13% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6%lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 1.2%▲ +0.6 percentage points vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 6.0%▲ +4.5 percentage points vs 07-2025 09-2025: 6.0%● unchanged vs 08-2025 10-2025: 6.0%● unchanged vs 09-2025 11-2025: 6.0%● unchanged vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 6.0%● unchanged vs 12-2025 02-2026: 5.9%▼ -0.1 percentage points vs 01-2026 03-2026: 5.9%● unchanged vs 02-2026 04-2026: 6.0%▲ +0.1 percentage points vs 03-2026 05-2026: 6.3%▲ +0.3 percentage points vs 04-2026 06-2026: 6.2%▼ -0.1 percentage points vs 05-2026 07-2026: 6.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 1.4%▼ -5.1 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026

Financial strength
Weak

Solvency
0=equity -65.8% of total assets
Liquidity
11+11short-term debt 165.8% · cash 8.4%
Profitability
9+9return on assets -11.6%

Score breakdown

raises risk
Capped at 59: negative equity
1 change of registered office in 24 months
Negative equity -€71,741
Loss of €12,593, the second in a row (financial year 2025)
lowers risk
Size: total assets €109,031
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 46, micro). It does better than 6% of them on solvency, 12% on liquidity, 16% on profitability and 18% on growth.

The bankruptcy probability was computed on 05-11-2026 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 low class on 30-06-2025, 0.8% 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, 6,619 companies had the same profile as LAMBRECHTS has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of LAMBRECHTS itself: 1.4% within 12 months.

Test of the method

The method was tested on the 497,446 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 6,619 companies, not a prediction for LAMBRECHTS. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.6 (0.63 in 2024), below 1. Short-term debt is 165.8% and cash 8.4% of total assets. Equity is negative.

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €109,031
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€71,741
NBB · annual accounts
raises risk · Loss of €12,593, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€71,741
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
21 days early
2023
22 days early
2022
28 days early
2021
44 days early
2020
19 days early
2019
14 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 24 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 8 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 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

JD
Chair
J
Managing director, Julie De Nul
VD
Director, since 12-09-2024
BB
BDO Bedrijfsrevisoren bv
Auditor, Sam Vander Vennet
  • PSR 100%score 83equity €33.6m (2025) · 2025 annual accounts of PSR
  • Sofidra SA consolidatesannual accounts 2025
Board & ownership

Recent changes

New managing director JDN appointed, Julie De Nul resigned · Permanent representative: Julie De Nul · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0404031922
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor) Permanent representative: Sam Vander Vennet · General meeting of 26-06-2025 · Gazette deed
2 directors appointed, 1 resignation Resignation: VAN dER WEE Frank (managing director) · Appointments: Jan De Nul NV (chair) and DE NUL Julie (managing director) · Permanent representative: Jan Pieter J. De Nul · Gazette deed
All 57 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
LAMBRECHTS Aalst €109,031 -€5,255 -65.8% 0
Albouwmat Brasschaat €172,147 -€12,584 -2.3% -
August Van Gorp Turnhout €182,995 €3,478 -753.6% -
Van Dijck Heist-op-den-Berg €64,394 -€20,954 -47.6% -
Chantier de Waterloo Waterloo €340,503 -€1,263 96.8% -
Wibio Services Malle €85,609 -€2,414 -88.4% 0
Westvlaamse Steencentrale Wevelgem €274,541 -€120,379 99.3% -

These companies have the same main activity as LAMBRECHTS: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €64,400 and €341,000, founded between 1947 and 1991.

Official details

Source: KBO
Status
Active since 04-07-1941Normal situation
Registered office
106 active companies are registered at this address9 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Wholesale of construction materials, general rangeNACE 46831and 2 others
Joint committees
106.02Concrete industry
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.003.520.1522500 Lier, since 01-07-1941
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

Total assets
€109,031▲ 7.7%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on LAMBRECHTS

LAMBRECHTS has existed since 1941. The gross margin fell from €197,802 in 2023 to €78,039 in 2024.

The gross margin has fallen every year since 2020. Solvency fell in 2025 from -58.4% to -65.8% because of the loss.

PSR holds all the shares. In May 2026, the Official Gazette published the appointment of JDN as managing director.

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 LAMBRECHTS

What is the company number of LAMBRECHTS?
The company number of LAMBRECHTS is 0404.031.922. The VAT number is the same number with BE in front: BE 0404.031.922.
Where is LAMBRECHTS based?
The registered office is at Tragel 60, 9308 Aalst.Company details
What does LAMBRECHTS do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of LAMBRECHTS?
LAMBRECHTS is a public limited company (NV).
When was LAMBRECHTS founded?
LAMBRECHTS was founded on 04-07-1941.
Is LAMBRECHTS still active?
Yes, LAMBRECHTS is an active enterprise in the KBO register.
How many employees does LAMBRECHTS have?
LAMBRECHTS had an average of 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does LAMBRECHTS fall under?
In its 2024 annual accounts, LAMBRECHTS states joint committees 106.02 (Concrete industry) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of LAMBRECHTS?
The annual accounts for financial year 2025 state no turnover.
Is LAMBRECHTS profitable?
In financial year 2025, LAMBRECHTS made a loss of €12,593.
Where can I find the annual accounts of LAMBRECHTS?
LAMBRECHTS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LAMBRECHTS due?
LAMBRECHTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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