LYNOTEC
ActiveLYNOTEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €4k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability36▼-3
Solvency55▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.34 in 2023), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.8%
Return on assets
2.1%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
116 d late
2023
152 d late
2022
106 d late
2021
114 d late
2020
92 d late
2019
124 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€61k▲ 7.7%
2023 · €57k
2018: €25k
2019: €32k
2020: €41k
2021: €50k
2022: €53k
2023: €57k
2018 → 2024
Total assets
€206k▲ 4.0%
2023 · €198k
2018: €172k
2019: €190k
2020: €235k
2021: €225k
2022: €185k
2023: €198k
2018 → 2024
Net result
€4k▼ 2.9%
2023 · €4k
2018: €3k
2019: €6k
2020: €29k
2021: €39k
2022: €8k
2023: €4k
2018 → 2024
Working capital
€53k▲ 9.1%
2023 · €48k
2018: €16k
2019: €23k
2020: €32k
2021: €41k
2022: €44k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€50k▲ 21.6%€53k▲ 5.8%€57k▲ 8.6%€61k▲ 7.7%
Operating result€31k-€41k▲ 33.1%€9k▼ 77.9%€9k▼ 2.4%€6k▼ 33.0%
Net result€29k-€39k▲ 33.2%€8k▼ 79.7%€4k▼ 43.1%€4k▼ 2.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 33% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206k
Fixed assets
€9k=
Current assets
€197k▲ 4.2%
Equity and liabilities €206k
Equity
€61k▲ 7.7%
Debt
€145k▲ 2.6%
The debt ratio falls from 71.2% to 70.2%: equity grows faster than debt.
Key figures and ratios
Solvency
29.8%▲
2023 · 28.8%
Current ratio
1.36▲
2023 · 1.34
Quick ratio
0.47▲
2023 · 0.46
Debt / equity
2.36▼
2023 · 2.47
ROE
7.1%▼
2023 · 7.9%
ROA
2.1%▼
2023 · 2.3%
Debt
€145k▲
2023 · €141k
Debt ≤ 1 year
€145k▲
2023 · €141k
Income taxes
€1k▼
2023 · €4k
Staff costs
€28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€198k€206k▲
Fixed assets21/28€9k€9k=
Financial fixed assets28€9k€9k=
Current assets29/58€189k€197k▲
Stocks and contracts in progress3€124k€129k▲
Stocks30/36€124k€129k▲
Amounts receivable within one year40/41€42k€45k▲
Trade receivables40€39k€45k▲
Other amounts receivable41€3k€20▼
Cash at bank and in hand54/58€23k€24k▲
Equity and liabilities
Total equity and liabilities10/49€198k€206k▲
Equity10/15€57k€61k▲
Contributions10/11€19k€19k=
Reserves13€392€392=
Non-distributable reserves130/1€392€392=
Reserves not available under the articles1311€392€392=
Profit (loss) carried forward14€38k€42k▲
Amounts payable17/49€141k€145k▲
Amounts payable within one year42/48€141k€145k▲
Trade debts44€128k€107k▼
Suppliers440/4€128k€107k▼
Taxes, remuneration and social security45€7k€17k▲
Taxes450/3€7k€11k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€6k€20k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€28k
Other operating charges640/8€592€592=
Gross operating margin9900€10k€34k▲
Operating profit (loss)9901€9k€6k▼
Financial charges65/66B€281€139▼
Recurring financial charges65€281€139▼
Profit (loss) for the period before taxes9903€9k€6k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€4k€4k▼
Profit (loss) for the period to be appropriated9905€4k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€42k▲
Profit (loss) brought forward from the previous period14P€34k€38k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 116 days late
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial
Highest result since 2018net €39k ▲33.2%
Operating result €41k, net result €39k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 124 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
01-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
HMOUDA Ahmed
CurrentDirector · since 01-12-2023
01-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Moorsledestraat 2351020 BrusselGround area
955 m²
Building footprint
1,415 m²
Volume, LiDAR
9,321 m³
Parcel 21815D0319/00Y004, Brussels · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LYNOTEC
since 20122.206.951.324
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0319/00Y004 | Brussels | 955 m² | 1 · 1,415 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AJ KOELTECHNIEKEN
BE 0456.838.128
Dilsen-Stokkem · Eq €61k
Milestone Belgium
BE 0870.399.806
Geel · Eq €62k
EcoNation R&D
BE 0819.221.715
Oostkamp · Eq €61k
STONE PARTNER
BE 0479.907.993
Dentergem · Eq €61k
MIL TRADING
BE 0731.761.565
Sint-Pieters-Leeuw · Eq €61k
Of 1,794 companies in sector 46831 we hold annual accounts for 1,390. 678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2011
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
47527Retail trade
46836Wholesale trade
46842Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.