Result
€82,030 €82,030
Back in profit in 2025, after a loss of €69,615 in 2024.
LYNA ELECTRO
Lifetime
15 annual accounts with figures on one time axispeak €172,912 (2011)
€151,827▲ 74×
lowest -€69,615 (2024)
€82,030▲ €151,645
peak €215,372 (2025)
€215,372▲ 61.5%
€273,446▼ 6.1%
peak 3.6 FTE (2012)
-not published
Board2 names since 2020
2 directorsKhriouat Rachid and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €2,049 to €151,827Back to profit: €82,030Equity from €133,342 to €215,372Cash from €36,083 to €13,143
Key points
from the 2025 annual accountsChecked score
83
Excellent
Financially stronger than 64% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 1.1%▲ +0.7 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▼ -0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.6%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.5%▼ -1.1 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 22.07, cash €13,143, halved
lowers risk
Founded in 2010
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, micro). It does better than 47% of them on solvency, 49% on liquidity, 75% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 34,693 companies had the same profile as LYNA ELECTRO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of LYNA ELECTRO itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 34,693 companies, not a prediction for LYNA ELECTRO. 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
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 22.07 (18.12 in 2024), above the usual 1.5. Short-term debt is 4.5% and cash 2.7% of total assets. However, 55.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
30 days late
2023
61 days late
2022
25 days early
2021
61 days late
2020
31 days late
2019
7 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 26 days after 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 30 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Rumst
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0832471321
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Duffel
Appointment: BOUGHABA Kaudter (director)
“Rechtstreeks of onrechtstreeks aan haar aandeelhouders een vermogensvoordeel uit te keren of te bezorgen; Alle…” (deed in Dutch) · General meeting of 15-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LYNA ELECTRO Duffel | €488,818 | €151,827 | 44.1% | - |
| ELEKTRICITEITSWERKEN JOHAN WUYTS Geel | €520,714 | €177,695 | 53.1% | - |
| ALYATECH Meerhout | €539,189 | €131,164 | 66.4% | - |
| VL-Lighting Wuustwezel | €473,923 | €122,780 | 72.6% | - |
| JEROEN HUYCK Lebbeke | €455,194 | €157,012 | 78.0% | - |
| AVADIS Braine-l'Alleud | €500,883 | €140,000 | 51.8% | 2.9 |
| DEBACK Electrics Zwevegem | €498,992 | €168,853 | 45.5% | - |
These companies have the same main activity as LYNA ELECTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €455,000 and €539,000, founded between 2010 and 2011.
Official details
Source: KBO- Status
- Active since 29-12-2010Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2024
- Establishment unit
- 2.194.852.5532570 Duffel, since 10-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- ≈ €450,000estimated
- €488,818▲ 15.1%
- Employeeson 31-12-2025
- 2▼ 33.3%
- Filing
- Filed on 28-08-2026
Insights on LYNA ELECTRO
LYNA ELECTRO files the micro format. That format states no turnover. The gross margin fell from €172,912 in 2011 to €151,827 in 2025.
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 LYNA ELECTRO
- What is the company number of LYNA ELECTRO?
- The company number of LYNA ELECTRO is 0832.471.321. The VAT number is the same number with BE in front: BE 0832.471.321.
- Where is LYNA ELECTRO based?
- The registered office is at Bruinstraat 27, 2570 Duffel.Company details
- What does LYNA ELECTRO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of LYNA ELECTRO?
- LYNA ELECTRO is a private limited company (BV).
- When was LYNA ELECTRO founded?
- LYNA ELECTRO was founded on 29-12-2010.
- Is LYNA ELECTRO still active?
- Yes, LYNA ELECTRO is an active enterprise in the KBO register.
- How many employees does LYNA ELECTRO have?
- LYNA ELECTRO had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does LYNA ELECTRO fall under?
- In its 2024 annual accounts, LYNA ELECTRO states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of LYNA ELECTRO?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €151,827 and 38 comparable companies (NACE 43211). It probably lies between €300,000 and €560,000.
- Is LYNA ELECTRO profitable?
- In financial year 2025, LYNA ELECTRO made a profit of €82,030.
- Where can I find the annual accounts of LYNA ELECTRO?
- LYNA ELECTRO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LYNA ELECTRO due?
- LYNA ELECTRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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