MICHEL - LAMBERTY
ActiveFrom the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MICHEL - LAMBERTY has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €694,265 and a net result of €321,359. Equity has been growing by about 4.3% per year since 2018. Its solvency ranks better than 52% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 24-11-2010 Normal situation
- Activity
- Plumbing work NACE 43221and 2 others
- Establishment unit
- 2.194.220.073 4837 Baelen, since 22-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- CEDRIC LAMBERTY HOLDINGDirector · since 22-04-2016 · permanent representative GOEBELS Corinne
- LAMBERTY CédricDirector · since 22-04-2016
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.4m
- ▲ 8.9%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €321,359
- ▲ 23.8%
- Equity
- €694,265
- ▼ 30.8%
- Total assets
- €1.6m
- ▲ 24.7%
- Employees on 31-12-2025
- 17
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.31, cash €779,064Founded in 2010Equity €694,265 (44.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 59% of them on solvency, 87% on liquidity, 93% on profitability and 9% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 131 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)
Key points
- Positive: 5th largest company by total assets in Baelen, 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: €321,359 8 years View
- Caution: Equity fell in 2025from €1.0m to €694,265 ▼ 30.8% View
Comparable companies
These companies have the same main activity as MICHEL - LAMBERTY: plumbing work (NACE 43221). They are comparable in size and age: total assets between €1.1m and €1.8m, founded between 2006 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| MICHEL - LAMBERTY Baelen | €1.6m | €1.4m |
| E-PIPE BENELUX Harelbeke | €1.3m | €1.5m |
| A.C.R. KLIMATECHNIEK Nieuwerkerken (Limb.) | €1.1m | €1.5m |
| JONES-VAN HECKE Lokeren | €1.3m | €1.2m |
| VERSCHUEREN SANITAIRE INSTALLATIES Turnhout | €1.7m | €1.0m |
| MAES VERWARMING & SANITAIR Leuven | €1.4m | €1.2m |
| XAVIER COVEMAEKER Wervik | €1.8m | €1.1m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 26-03-2026
- Annual accounts 2024filed on 07-04-2025
- Annual accounts 2023filed on 11-04-2024
- Annual accounts 2022filed on 10-03-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0831.323.751
Key facts about MICHEL - LAMBERTY
- What is the company number of MICHEL - LAMBERTY?
- The company number of MICHEL - LAMBERTY is 0831.323.751. The VAT number is the same number with BE in front: BE 0831.323.751.
- Where is MICHEL - LAMBERTY based?
- The registered office is at Heggen(BLN) 51, 4837 Baelen.Company details
- What does MICHEL - LAMBERTY do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of MICHEL - LAMBERTY?
- The legal form of MICHEL - LAMBERTY is Private limited company (pre-2019) (BVBA).
- When was MICHEL - LAMBERTY founded?
- MICHEL - LAMBERTY was founded on 24-11-2010.
- Is MICHEL - LAMBERTY still active?
- Yes, MICHEL - LAMBERTY is an active enterprise in the KBO register.
- How many employees does MICHEL - LAMBERTY have?
- MICHEL - LAMBERTY had an average of 16.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MICHEL - LAMBERTY?
- The turnover in financial year 2025 is ≈ €3.8m. This figure is estimated from the gross margin of €1.4m and 31 comparable companies (NACE 432). It probably lies between €3.0m and €4.8m.
- Is MICHEL - LAMBERTY profitable?
- In financial year 2025, MICHEL - LAMBERTY made a profit of €321,359.
- Where can I find the annual accounts of MICHEL - LAMBERTY?
- MICHEL - LAMBERTY filed 15 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 MICHEL - LAMBERTY due?
- MICHEL - LAMBERTY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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