ACTIVE

Etablissements Lazzari

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Financial year 2025 · Closed on 31/12/2025

Net result410,8 k €-22,4 %over 1 year

Revenue18,3 M €-3,8 %over 1 year

Equity12,6 M €+4,7 %over 1 year

Workforce27,5 ETP-1,4 %over 1 year

Identity

Source · BCE/KBO

Etablissements Lazzari is a Private limited company incorporated in 1965. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Herstal. It employs on average 27,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0404.424.771
Incorporation: 26/05/1965
Legal form: Private limited company
Registered office: Parc Ind. des Hauts Sarts, 3e av 36
4040 Herstal · Wallonie
Contributed capital: 49 578,70 €
Latest accounts: 31/12/2025
Average workforce: 27,5 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 51471Air transport 52462Warehousing and support activities for transportation+6

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	18,3 M €	-3.8%	19 M €	-4.1%	19,8 M €	-1.9%	20,2 M €	+17.6%	17,2 M €
EBITDA	1,6 M €	-17.7%	2 M €	-6.5%	2,1 M €	-26.5%	2,9 M €	+22.2%	2,4 M €
Operating result	873,6 k €	-25.1%	1,2 M €	-10.1%	1,3 M €	-43.3%	2,3 M €	+13.7%	2 M €
Net result	410,8 k €	-22.4%	529,1 k €	-25.2%	707,6 k €	-41.8%	1,2 M €	-20.4%	1,5 M €
Balance sheet
Equity	12,6 M €	+4.7%	12 M €	+9.6%	11 M €	+7.7%	10,2 M €	+20.8%	8,4 M €
Total assets	16,2 M €	+0.2%	16,2 M €	+4.4%	15,5 M €	-0.4%	15,5 M €	+23.9%	12,5 M €
Cash	3,4 M €	-4.2%	3,5 M €	+28.2%	2,8 M €	-42.4%	4,8 M €	+39.3%	3,4 M €
Debts	3,6 M €	-12.8%	4,2 M €	-8.1%	4,5 M €	-15.7%	5,4 M €	+30.4%	4,1 M €
Other
Workforce	27,5 ETP	-1.4%	27,9 ETP	+4.1%	26,8 ETP	+10.7%	24,2 ETP	+3.9%	23,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

ANTONIO LAZZARI

Mandate

Active

RAPHAEL LAZZARI

Mandate

Active

Ended mandates

(B00757) HAULT ET ASSOCIES REVISEURS D'ENTREPRISE

Mandate

Ended

ANTONIO LAZZARI

Director

Ended

ANTONIO LAZZARI

Manager

Ended

RAPHAEL LAZZARI

Director

Ended

Full financial information

Source · NBB

	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	10/06/2026	30/09/2025	29/08/2024	22/08/2024	24/08/2022	27/12/2021
General meeting	27/05/2026	26/09/2025	22/08/2024	16/06/2023	30/06/2022	21/12/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	10/06/2026	French	PDF
Full model	31/12/2024	26/09/2025	30/09/2025	French	PDF
Full model	31/12/2023	22/08/2024	29/08/2024	French	PDF
Full modelCorrection	31/12/2022	16/06/2023	22/08/2024	French	PDF
Full model	31/12/2022	16/06/2023	14/07/2023	French	PDF
Full modelCorrection	31/12/2021	30/06/2022	24/08/2022	French	PDF
Full model	31/12/2021	06/06/2022	15/07/2022	French	PDF
Full model	31/12/2020	21/12/2021	27/12/2021	French	PDF
Abridged model	31/12/2019	23/10/2020	18/11/2020	French	PDF
Abridged model	31/12/2018	19/08/2019	06/12/2019	French	PDF
Abridged model	31/12/2017	13/08/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	04/07/2017	29/08/2017	French	PDF
Abridged model	31/12/2015	14/09/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	15/07/2015	03/12/2015	French	PDF
Abridged model	31/12/2013	15/07/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	15/07/2013	16/08/2013	French	PDF
Abridged model	31/12/2011	15/10/2012	06/11/2012	French	PDF
Abridged model	31/12/2010	27/11/2011	05/12/2011	French	PDF
Abridged model	31/12/2009	30/10/2010	12/01/2011	French	PDF
Abridged model	31/12/2008	25/06/2009	01/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	16/12/2008	French	PDF
Abridged model	31/12/2006	29/11/2007	30/11/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

ANTONIO LAZZARI

Mandate

Active

RAPHAEL LAZZARI

Mandate

Active

Ended mandates

(B00757) HAULT ET ASSOCIES REVISEURS D'ENTREPRISE

Mandate

Ended

ANTONIO LAZZARI

Director

Ended

ANTONIO LAZZARI

Manager

Ended

RAPHAEL LAZZARI

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/03/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates30/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates25/08/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Registered office12/12/2013
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025410,8 k €↓
2024
Annual accounts 2024529,1 k €↓
2023
Annual accounts 2023707,6 k €↓
2022
Annual accounts 20221,2 M €↓
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020627,6 k €↑
2019
Annual accounts 2019488,5 k €↑
2018
Annual accounts 2018470,1 k €↑
2017
Annual accounts 2017354,1 k €↑
2016
Annual accounts 2016287,4 k €↓
2015
Annual accounts 2015565,7 k €↑
2014
Annual accounts 2014288,9 k €↑
2013
Annual accounts 2013258 k €↑
2012
Annual accounts 2012224,5 k €↑
2011
Annual accounts 201186 k €↓
2010
Annual accounts 2010278,4 k €↑
2009
Annual accounts 2009213,2 k €↓
2008
Annual accounts 2008214,6 k €↓
2007
Annual accounts 2007310,7 k €↑
2006
Annual accounts 2006150,3 k €
26/05/1965
IncorporationPrivate limited company

Etablissements Lazzari

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline