LYNQUE
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 4 days after the deadline Filed on 4 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00102826.
Annual accounts 2025 filed on 04-05-2026 PDF all 16 filings
Turnover
≈ €260,000
Estimated: probably between €160,000 and €600,000
Total assets
€1.3m▲ 7.2%
2024 · €1.3m
Net result
€71,266▼ 20.1%
2024 · €89,139
Working capital
-€372,585▲ 24.2%
2024 · -€491,441
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€120,528
▼ 17.4%
2025
20192025
Net result
€71,266
▼ 20.1%
2025
middle half of the sector
20192025
Equity
€594,325
▲ 13.6%
2025
middle half of the sector
20192025
Total assets
€1.3m
▲ 7.2%
2025
middle half of the sector
20192025
Debt
€747,144
▲ 2.6%
2025
20192025
Working capital
-€372,585
▲ 24.2%
2025
lowest quarter of the sector
20192025
Solvency
44.3%
▲ 2.5pp
2025
middle half of the sector
20192025
Current ratio
0.36
▲ 0.16
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
5.3%
▼ 1.8pp
2025
middle half of the sector
20192025
Staff (FTE)
no figure
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.05m-€0.05m▲ 8.7%€0.04m▼ 9.4%€0.07m▲ 59.4%€0.1m▲ 50.5%€0.1m▲ 35.1%€0.1m▼ 17.4%
Net result€0.02m-€0.03mwithin the sector's middle half▲ 27.6%€0.02mwithin the sector's middle half▼ 20.9%€0.04mabove the sector's middle half▲ 89.7%€0.07mabove the sector's middle half▲ 63.3%€0.09mwithin the sector's middle half▲ 32.4%€0.07mwithin the sector's middle half▼ 20.1%
Equity€0.3m-€0.3mwithin the sector's middle half▲ 9.9%€0.3mabove the sector's middle half▲ 7.2%€0.4mabove the sector's middle half▲ 12.7%€0.4mabove the sector's middle half▲ 18.4%€0.5mwithin the sector's middle half▲ 20.5%€0.6mwithin the sector's middle half▲ 13.6%
Total assets€1.1m-€1.1mabove the sector's middle half▲ 1.0%€1.1mabove the sector's middle half▼ 0.8%€1.1mabove the sector's middle half▲ 0.8%€1.1mabove the sector's middle half▼ 0.5%€1.3mwithin the sector's middle half▲ 9.8%€1.3mwithin the sector's middle half▲ 7.2%
Debt€0.9m-€0.8m▼ 1.8%€0.8m▼ 3.6%€0.8m▼ 4.0%€0.7m▼ 9.4%€0.7m▲ 3.3%€0.7m▲ 2.6%
Working capital-€0.4m--€0.4mbelow the sector's middle half▲ 1.0%-€0.5mbelow the sector's middle half▼ 12.5%-€0.5mbelow the sector's middle half▼ 5.0%-€0.6mbelow the sector's middle half▼ 10.0%-€0.5mbelow the sector's middle half▲ 12.9%-€0.4mbelow the sector's middle half▲ 24.2%
Solvency24.4%-26.5%within the sector's middle half▲ 2.1pp28.7%within the sector's middle half▲ 2.1pp32.0%within the sector's middle half▲ 3.4pp38.1%within the sector's middle half▲ 6.1pp41.8%within the sector's middle half▲ 3.7pp44.3%within the sector's middle half▲ 2.5pp
Current ratio0.00-0.03below the sector's middle half▲ 0.030.01below the sector's middle half▼ 0.020.02below the sector's middle half▲ 0.020.01below the sector's middle half▼ 0.010.20below the sector's middle half▲ 0.180.36below the sector's middle half▲ 0.16
Return on assets (ROA)1.9%-2.4%within the sector's middle half▲ 0.5pp1.9%within the sector's middle half▼ 0.5pp3.6%within the sector's middle half▲ 1.7pp5.9%within the sector's middle half▲ 2.3pp7.1%above the sector's middle half▲ 1.2pp5.3%within the sector's middle half▼ 1.8pp
Staff (FTE)0within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 17% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m =
Current assets
€209,868 ▲ 75.8%
Equity and liabilities €1.3m
Equity
€594,325 ▲ 13.6%
Debt
€747,144 ▲ 2.6%
Debt's share of the balance-sheet total falls from 58.2% to 55.7%. Equity and debt are higher.
Key figures and ratios
Quick ratio
0.07▲
2024 · 0.04
Debt to equity
1.26▼
2024 · 1.39
ROE
12.0%▼
2024 · 17.0%
Debt ≤ 1 year
€582,454▼
2024 · €610,842
Debt > 1 year
€163,000▲
2024 · €115,381
Income taxes
€37,510▼
2024 · €43,949
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €4,000 | €47,500 | €0 | - | - |
| Other operating charges640/8 | - | - | €1,582 | €2,661 | €1,164 | €1,979 | €2,415 | ▲ 22.0% |
| Gross operating margin9900 | €46,915 | €52,113 | €46,560 | €74,358 | €109,082 | €147,813 | €122,943 | ▼ 16.8% |
| Operating profit (loss)9901 | €45,647 | €49,621 | €44,978 | €71,696 | €107,918 | €145,834 | €120,528 | ▼ 17.4% |
| Financial income75/76B | - | - | - | - | - | - | €478 | - |
| Recurring financial income75 | - | €0 | - | - | - | - | €478 | - |
| Financial charges65/66B | - | - | €8,034 | €7,466 | €11,413 | €12,746 | €12,230 | ▼ 4.1% |
| Recurring financial charges65 | €11,851 | €8,869 | €8,034 | €7,466 | €11,413 | €12,746 | €12,230 | ▼ 4.1% |
| Profit (loss) for the period before taxes9903 | €33,796 | €40,752 | €36,944 | €64,231 | €96,505 | €133,088 | €108,776 | ▼ 18.3% |
| Income taxes67/77 | €12,283 | €13,295 | €15,214 | €23,012 | €29,192 | €43,949 | €37,510 | ▼ 14.7% |
| Profit (loss) for the period9904 | €21,513 | €27,457 | €21,730 | €41,219 | €67,314 | €89,139 | €71,266 | ▼ 20.1% |
| Profit (loss) for the period to be appropriated9905 | €21,513 | €27,457 | €21,730 | €41,219 | €67,314 | €89,139 | €71,266 | ▼ 20.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.3m | €1.3m | ▲ 7.2% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Current assets29/58 | €0.001m | €0.01m | €0.004m | €0.01m | €0.007m | €0.1m | €0.2m | ▲ 75.8% |
| Stocks and contracts in progress3 | - | - | - | - | - | €0.1m | €0.2m | ▲ 74.9% |
| Stocks30/36 | - | - | - | - | - | €0.1m | €0.2m | ▲ 74.9% |
| Amounts receivable within one year40/41 | - | €0.01m | - | - | - | €0.01m | €0.01m | ▼ 16.0% |
| Trade receivables40 | - | - | - | - | - | €0.01m | €0.01m | ▼ 16.5% |
| Other amounts receivable41 | - | - | - | - | - | - | €70 | - |
| Cash at bank and in hand54/58 | €0.001m | €282 | €488 | €0.01m | €0.005m | €0.005m | €0.02m | ▲ 410% |
| Deferred charges and accrued income490/1 | - | - | €0.003m | €0.003m | €0.002m | €0.003m | €0.003m | ▼ 2.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.3m | €1.3m | ▲ 7.2% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 13.6% |
| Contributions10/11 | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.02m | €0.02m | €0.05m | €0.09m | €0.2m | €0.2m | €0.3m | ▲ 29.3% |
| Non-distributable reserves130/1 | - | - | €0.003m | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | €0.003m | €0.002m | €0.002m | €0 | - | - |
| Distributable reserves133 | - | - | €0.04m | €0.08m | €0.2m | €0.2m | €0.3m | ▲ 29.3% |
| Profit (loss) carried forward14 | €0.03m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Amounts payable17/49 | €0.9m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▲ 2.6% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.3m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 41.3% |
| Financial debts170/4 | - | - | €0.3m | €0.2m | €0.1m | €0.08m | €0.1m | ▲ 57.8% |
| Other amounts payable178/9 | - | - | - | - | - | €0.03m | €0.03m | = |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | ▼ 4.6% |
| Current portion of amounts payable after more than one year42 | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.03m | ▼ 53.8% |
| Financial debts43 | - | - | - | - | - | €117 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €117 | €0 | ▼ 100% |
| Trade debts44 | €0.003m | €0.007m | €0.001m | €303 | €319 | €0.001m | €0.02m | ▲ 11× |
| Suppliers440/4 | - | - | €0.001m | €303 | €319 | €0.001m | €0.02m | ▲ 11× |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 25.4% |
| Taxes450/3 | - | - | €0.01m | €0.02m | €0.03m | €0.04m | €0.05m | ▲ 25.4% |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Other amounts payable47/48 | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | ▼ 2.9% |
| Accrued charges and deferred income492/3 | - | - | €0.003m | €0.002m | €0.002m | €0.002m | €0.002m | ▼ 1.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,513 | €27,457 | €21,730 | €41,219 | €67,314 | €89,139 | €71,266 | ▼ 20.1% |
| Operating cash flow (approximation) | €21,513 | €27,457 | €21,730 | €41,219 | €67,314 | €89,139 | €71,266 | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€374 | €206 | €9,273 | -€4,842 | -€126 | €19,655 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 04-05-2026 | 2026-00102826 | |
| 30-09-2024 | abbreviated format | 08-05-2025 | 2025-00092233 | |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00073497 | |
| 30-09-2022 | micro format | 21-04-2023 | 2023-00062815 | |
| 30-09-2021 | micro format | 14-04-2022 | 2022-20005542 | |
| 30-09-2020 | micro format | 20-04-2021 | 2021-10800340 | |
| 30-09-2019 | micro format | 07-04-2020 | 2020-08700415 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11400249 | |
| 30-09-2017 | micro format | 30-03-2018 | 2018-08800091 | |
| 30-09-2016 | abbreviated format | 17-03-2017 | 2017-06900152 |