ACTIVE

Lambert Frères

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 M €

+157.2% YoY

Revenue

21,8 M €

+20.8% YoY

Equity

3,4 M €

+9.4% YoY

Workforce

80,9 ETP

-1.7% YoY

What does Lambert Frères do?

Lambert Frères is a Public limited company incorporated in 1968. Its main activity is: Construction of roads and motorways. Its registered office is in Bastogne. It employs on average 80,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.362.118

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Rue de l'Arbre 10
6600 Bastogne · WallonieSee on map

Contributed capital

372 000,00 €

Latest accounts

31/12/2025

Average workforce

80,9 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 45230Maintenance and repair of motor vehicles 23630Manufacture of ready-mixed concrete 23630Manufacture of ready-mixed concrete 26630Manufacture of irradiation, electromedical and electrotherapeutic equipment+3

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	21,8 M €	+20.8%	18 M €	-7.4%	19,5 M €	-1.5%	19,8 M €	+35.0%	14,6 M €	-7.7%	15,9 M €	-1.9%	16,2 M €	+12.8%	14,3 M €	-0.3%	14,4 M €	-3.0%	14,8 M €	-12.7%	17 M €	+29.1%	13,2 M €	+15.2%	11,4 M €	-0.8%	11,5 M €	+6.3%	10,8 M €	-2.3%	11,1 M €	+2.9%	10,8 M €	+15.0%	9,4 M €	+0.2%	9,3 M €
EBITDA	3,8 M €	+73.6%	2,2 M €	+22.7%	1,8 M €	+12.8%	1,6 M €	+89.9%	828,7 k €	-49.7%	1,6 M €	-0.4%	1,7 M €	+15.4%	1,4 M €	+12.8%	1,3 M €	+13.6%	1,1 M €	-15.1%	1,3 M €	-14.1%	1,5 M €	+110%	729,7 k €	+0.5%	726,1 k €	+16.8%	621,4 k €	-35.6%	965 k €	+13.4%	850,9 k €	-14.8%	999,1 k €	+54.7%	645,8 k €
Operating result	2,1 M €	+157%	799,7 k €	+2.7%	778,9 k €	+64.6%	473,2 k €	+680%	-81,6 k €	-269%	48,3 k €	-81.8%	265 k €	+163%	100,7 k €	-7.5%	108,9 k €	+4833%	-2,3 k €	-101%	246,6 k €	-62.0%	648,9 k €	+378%	135,7 k €	+31.7%	103,1 k €	+447%	-29,7 k €	-107%	397,4 k €	+260%	110,4 k €	-68.4%	349,8 k €	+8414%	-4,2 k €
Net result	1,5 M €	+157%	587 k €	+3.3%	568,3 k €	+71.2%	331,9 k €	+425%	-102,2 k €	-521%	-16,5 k €	-109%	175,4 k €	+81.5%	96,7 k €	+41.0%	68,5 k €	-66.5%	204,3 k €	-6.6%	218,7 k €	-51.8%	454,1 k €	+1289%	32,7 k €	-65.9%	95,9 k €	+506%	-23,6 k €	-109%	273,1 k €	+597%	-54,9 k €	-132%	171,3 k €	+476%	-45,6 k €
Balance sheet
Equity	3,4 M €	+9.4%	3,1 M €	+4.2%	3 M €	+5.7%	2,8 M €	+2.7%	2,7 M €	-7.1%	3 M €	-0.9%	3 M €	+5.8%	2,8 M €	+2.6%	2,7 M €	-11.8%	3,1 M €	+7.1%	2,9 M €	+5.9%	2,7 M €	+16.9%	2,4 M €	+3.3%	2,3 M €	+4.4%	2,2 M €	-1.1%	2,2 M €	+3.9%	2,1 M €	-2.5%	2,2 M €	+8.5%	2 M €
Total assets	14,6 M €	+9.1%	13,4 M €	+12.1%	12 M €	-6.1%	12,7 M €	+24.3%	10,2 M €	-12.0%	11,6 M €	-14.2%	13,6 M €	+33.9%	10,1 M €	-4.0%	10,6 M €	+12.6%	9,4 M €	-14.1%	10,9 M €	+31.3%	8,3 M €	+23.2%	6,8 M €	-13.5%	7,8 M €	+16.6%	6,7 M €	+2.3%	6,5 M €	-13.7%	7,6 M €	-0.5%	7,6 M €	-4.4%	8 M €
Cash	1,5 M €	+50.4%	1 M €	-34.0%	1,5 M €	-32.1%	2,2 M €	+66.3%	1,4 M €	+39.7%	967,6 k €	-56.1%	2,2 M €	+60.9%	1,4 M €	+30.3%	1,1 M €	-51.9%	2,2 M €	+2.8%	2,1 M €	+64.7%	1,3 M €	+178%	463,6 k €	-40.6%	779,9 k €	+168%	291,3 k €	-39.6%	481,9 k €	+248%	138,6 k €	+3.7%	133,6 k €	-56.8%	309 k €
Debts	11,1 M €	+9.1%	10,1 M €	+15.0%	8,8 M €	-9.7%	9,8 M €	+30.5%	7,5 M €	-13.5%	8,6 M €	-17.8%	10,5 M €	+44.8%	7,3 M €	-6.0%	7,7 M €	+24.5%	6,2 M €	-22.1%	8 M €	+43.3%	5,6 M €	+26.5%	4,4 M €	-20.6%	5,5 M €	+22.5%	4,5 M €	+4.0%	4,3 M €	-20.5%	5,5 M €	+0.3%	5,5 M €	-8.6%	6 M €
Other
Workforce	80,9 ETP	-1.7%	82,3 ETP	-0.6%	82,8 ETP	+0.7%	82,2 ETP	-3.5%	85,2 ETP	-5.3%	90,0 ETP	-0.1%	90,1 ETP	+4.6%	86,1 ETP	+2.1%	84,3 ETP	+6.6%	79,1 ETP	+2.5%	77,2 ETP	+0.1%	77,1 ETP	+1.2%	76,2 ETP	+2.7%	74,2 ETP	-4.5%	77,7 ETP	+3.2%	75,3 ETP	+9.1%	69,0 ETP	-3.2%	71,3 ETP	+3.2%	69,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 11 juillet 2031

Active

LACOTRIMMO

Director · since 03 février 2016 · until 11 juillet 2031 · 0438.672.404

Represented by LAMBERT Paul

Active

Stéphanie LAMBERT

Director · since 03 février 2016 · until 11 juillet 2031

Active

Ended mandates

Benjamin LAMBERT

Director · since 03 février 2016 · until 03 février 2021

Ended

Benjamin LAMBERT

Director · since 03 février 2016 · until 18 mai 2021

Ended

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 18 mai 2025

Ended

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 11 juillet 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ASS LAMBERT FRERES SA ET AERTSSEN SA● Active	0537.672.285
ASSM A.C.H. SA+ LAMBERT FRERES SA● Active	0834.949.373
Association Momentanée LAMBERT FRERES S.A. – DEUMER S.A. – MATHIEU S.A.● Active	0764.617.247
Association Momentanée LAMBERT FRERES SA - MAGERAT SA● Active	0792.251.260
LACOTRIMMO● Active	0438.672.404
LAMBERT FRERES SA-HOUTHOOFDT COLLETTE A 2 Fils SPRL Association momentanée● Active	0647.759.565
LBS Management● Active	0567.770.593

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	29/07/2025	23/07/2024	20/07/2023	19/07/2022	16/07/2021
General meeting	03/07/2026	11/07/2025	28/06/2024	30/06/2023	30/06/2022	15/07/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	03/07/2026	08/07/2026	French	PDF
Full model	31/12/2024	11/07/2025	29/07/2025	French	PDF
Full model	31/12/2023	28/06/2024	23/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	20/07/2023	French	PDF
Full model	31/12/2021	30/06/2022	19/07/2022	French	PDF
Full model	31/12/2020	15/07/2021	16/07/2021	French	PDF
Full model	31/12/2019	31/08/2020	02/09/2020	French	PDF
Full model	31/12/2018	05/07/2019	08/07/2019	French	PDF
Full model	31/12/2017	30/06/2018	30/08/2018	French	PDF
Full model	31/12/2016	30/06/2017	29/08/2017	French	PDF
Full model	31/12/2015	17/05/2016	30/08/2016	French	PDF
Full model	31/12/2014	19/05/2015	24/07/2015	French	PDF
Full model	31/12/2013	20/05/2014	13/08/2014	French	PDF
Full model	31/12/2012	21/05/2013	29/08/2013	French	PDF
Full model	31/12/2011	15/05/2012	30/08/2012	French	PDF
Full modelCorrection	31/12/2010	17/05/2011	01/02/2012	French	PDF
Full model	31/12/2010	17/05/2011	19/08/2011	French	PDF
Full model	31/12/2009	18/05/2010	31/08/2010	French	PDF
Full model	31/12/2008	19/05/2009	28/08/2009	French	PDF
Full model	31/12/2007	20/05/2008	29/08/2008	French	PDF
Full model	31/12/2006	15/05/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 11 juillet 2031

Active

LACOTRIMMO

Director · since 03 février 2016 · until 11 juillet 2031 · 0438.672.404

Represented by LAMBERT Paul

Active

Stéphanie LAMBERT

Director · since 03 février 2016 · until 11 juillet 2031

Active

Ended mandates

Benjamin LAMBERT

Director · since 03 février 2016 · until 03 février 2021

Ended

Benjamin LAMBERT

Director · since 03 février 2016 · until 18 mai 2021

Ended

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 18 mai 2025

Ended

Benjamin LAMBERT

Managing director · since 03 février 2016 · until 11 juillet 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/11/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates26/07/2019
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office17/05/2019
SIEGE SOCIAL
PDF
Registered office21/12/2016
SIEGE SOCIAL
PDF
Mandates24/10/2016
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,5 M €↑
2024
Annual accounts 2024587 k €↑
2023
Annual accounts 2023568,3 k €↑
2022
Annual accounts 2022331,9 k €↑
2021
Annual accounts 2021-102,2 k €↓
2019
Annual accounts 2019-16,5 k €↓
2018
Annual accounts 2018175,4 k €↑
2017
Annual accounts 201796,7 k €↑
2016
Annual accounts 201668,5 k €↓
2015
Annual accounts 2015204,3 k €↓
2014
Annual accounts 2014218,7 k €↓
2013
Annual accounts 2013454,1 k €↑
2012
Annual accounts 201232,7 k €↓
2011
Annual accounts 201195,9 k €↑
2010
Annual accounts 2010-23,6 k €↓
2009
Annual accounts 2009273,1 k €↑
2008
Annual accounts 2008-54,9 k €↓
2007
Annual accounts 2007171,3 k €↑
2006
Annual accounts 2006-45,6 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Lambert Frères

Overview

What does Lambert Frères do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline