ACTIVE

Lynel

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Financial year 2025 · closed on 31/12/2025

Net result

103,8 k €

+127.2% YoY

Gross margin

110,9 k €

+1106.6% YoY

Equity

-545,6 k €

+16.0% YoY

Workforce

0,0 ETP

What does Lynel do?

Lynel is a Private limited company incorporated in 1973. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.955.823

Incorporation

13/02/1973

Legal form

Private limited company

Registered office

Chaussée d'Ixelles 14
1050 Ixelles · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

47512Retail sale of textiles in specialised stores· main 47512Retail sale of textiles in specialised stores 52410Warehousing and support activities for transportation 46412Wholesale of textiles 46412Wholesale of textiles 51410Air transport

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	110,9 k €	+1107%	-11 k €	-172%	15,3 k €	-45.4%	28 k €	+2633%	-1,1 k €	+97.4%	-42,5 k €	+92.5%	-567,4 k €	-510%	138,5 k €	+7.2%	129,2 k €	-26.0%	174,6 k €	+6.6%	163,7 k €	+33.6%	122,6 k €	-9.6%	135,6 k €	-16.7%	162,8 k €	-14.3%	189,8 k €	+14.5%	165,8 k €	-4.8%	174,2 k €	+10.6%	157,5 k €	+14.5%	137,6 k €	+4.7%	131,4 k €
EBITDA	108,8 k €	+130%	-363,5 k €	-3152%	11,9 k €	-55.5%	26,8 k €	+210%	-24,3 k €	+73.5%	-91,6 k €	+86.0%	-653,4 k €	-1389%	50,7 k €	+26.4%	40,1 k €	-17.6%	48,7 k €	+13.5%	42,9 k €	+764%	5 k €	-87.6%	39,9 k €	-29.7%	56,8 k €	-36.0%	88,7 k €	+33.1%	66,6 k €	-26.6%	90,7 k €	+28.3%	70,7 k €	+17.1%	60,4 k €	+23.7%	48,8 k €
Operating result	108,8 k €	+129%	-372,2 k €	-11635%	3,2 k €	-82.2%	18,1 k €	+159%	-30,9 k €	+67.9%	-96,1 k €	+85.4%	-658,8 k €	-1937%	35,9 k €	+109%	17,1 k €	-38.3%	27,8 k €	+30.0%	21,4 k €	+235%	-15,8 k €	-160%	26,5 k €	-49.5%	52,4 k €	-38.1%	84,8 k €	+44.4%	58,7 k €	-29.0%	82,7 k €	+32.4%	62,5 k €	+20.5%	51,8 k €	+27.2%	40,7 k €
Net result	103,8 k €	+127%	-382 k €	-4353%	-8,6 k €	-183%	10,4 k €	+129%	-36,4 k €	+62.4%	-96,8 k €	+85.3%	-659,1 k €	-3501%	19,4 k €	+226%	5,9 k €	-54.2%	13 k €	+706%	1,6 k €	+107%	-23,4 k €	-211%	21,2 k €	-47.3%	40,1 k €	-29.2%	56,7 k €	+76.3%	32,2 k €	-48.4%	62,3 k €	+58.3%	39,4 k €	+6.4%	37 k €	+17.1%	31,6 k €
Balance sheet
Equity	-545,6 k €	+16.0%	-649,4 k €	-143%	-267,4 k €	-3.3%	-258,8 k €	+3.9%	-269,2 k €	-15.6%	-232,7 k €	-71.1%	-136 k €	-126%	523,1 k €	+3.8%	503,7 k €	+1.2%	497,8 k €	+2.7%	484,8 k €	+0.3%	483,2 k €	-4.6%	506,6 k €	+4.4%	485,5 k €	+8.4%	447,7 k €	+14.5%	391 k €	+9.0%	358,8 k €	+21.0%	296,5 k €	+15.3%	257,1 k €	+16.8%	220,1 k €
Total assets	1,1 M €	+1.3%	1,1 M €	-28.5%	1,5 M €	-1.8%	1,5 M €	-0.8%	1,5 M €	+4207%	35,4 k €	+75.5%	20,2 k €	-98.1%	1,1 M €	+3.0%	1,1 M €	+8.3%	969,9 k €	+2.8%	943,9 k €	+6.7%	884,9 k €	+30.8%	676,7 k €	+23.1%	549,7 k €	+7.5%	511,3 k €	+12.7%	453,6 k €	+14.1%	397,7 k €	+14.6%	346,9 k €	+14.0%	304,4 k €	+8.0%	281,9 k €
Cash	57,6 k €	-18.5%	70,7 k €	+1319%	5 k €	+3285%	147,2 €	-99.5%	30,8 k €	+547%	4,8 k €	-29.2%	6,7 k €	-93.6%	105,6 k €	+581%	15,5 k €	-46.2%	28,8 k €	+159%	11,1 k €	-23.4%	14,5 k €	+187%	5,1 k €	+114%	2,4 k €	-29.9%	3,4 k €	-24.1%	4,5 k €	+223%	1,4 k €	-90.1%	13,9 k €	+62.9%	8,5 k €	+85.9%	4,6 k €
Debts	1,6 M €	-5.2%	1,7 M €	-2.3%	1,7 M €	-1.1%	1,8 M €	-1.4%	1,8 M €	+569%	268,1 k €	+71.7%	156,2 k €	-71.6%	548,9 k €	+4.0%	527,8 k €	+19.0%	443,5 k €	+0.8%	439,9 k €	+10.8%	397,2 k €	+161%	152,1 k €	+138%	64 k €	+1.2%	63,2 k €	+0.9%	62,7 k €	+60.9%	38,9 k €	-22.6%	50,3 k €	+6.5%	47,2 k €	-23.6%	61,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		2,0 ETP	-25.9%	2,7 ETP		–		–		5,9 ETP	-7.8%	6,4 ETP	+28.0%	5,0 ETP	-28.6%	7,0 ETP	+70.7%	4,1 ETP	-4.7%	4,3 ETP	+7.5%	4,0 ETP	+17.6%	3,4 ETP	-5.6%	3,6 ETP	-2.7%	3,7 ETP	0.0%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Stéphane Driftig

Manager · since 01 septembre 2019

Active

Ended mandates

Dimitrios Mitsou-Chamotheou

Director · since 01 février 2021

Ended

Stéphane Driftig

Director · since 01 septembre 2019

Ended

Seydi Bas

Director · since 01 avril 2013 · until 01 février 2021

Ended

SEYDI BAS

Manager · since 01 avril 2013

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/07/2026	26/07/2025	18/07/2024	20/07/2023	28/07/2022	28/07/2021
General meeting	11/05/2026	13/05/2025	14/05/2024	30/06/2023	30/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/05/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	13/05/2025	26/07/2025	French	PDF
Abridged model	31/12/2023	14/05/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	20/07/2023	French	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	31/07/2020	French	PDF
Micro model	31/12/2018	28/06/2019	31/07/2019	French	PDF
Micro model	31/12/2017	22/06/2018	19/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	31/08/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	08/07/2015	26/08/2015	French	PDF
Abridged model	31/12/2013	22/08/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	12/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	25/07/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	05/08/2010	24/08/2010	French	PDF
Abridged model	31/12/2008	31/07/2009	17/11/2009	French	PDF
Abridged model	31/12/2007	13/05/2008	05/08/2008	French	PDF
Abridged model	31/12/2006	14/05/2007	15/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 7 ended

Active mandates

Stéphane Driftig

Manager · since 01 septembre 2019

Active

Ended mandates

Dimitrios Mitsou-Chamotheou

Director · since 01 février 2021

Ended

Stéphane Driftig

Director · since 01 septembre 2019

Ended

Seydi Bas

Director · since 01 avril 2013 · until 01 février 2021

Ended

SEYDI BAS

Manager · since 01 avril 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates16/07/2024
MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office03/09/2021
SIEGE SOCIAL
PDF
Mandates24/03/2021
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates23/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates09/11/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates22/05/2013
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 2025103,8 k €↑
2024
Annual accounts 2024-382 k €↓
2023
Annual accounts 2023-8,6 k €↓
2022
Annual accounts 202210,4 k €↑
2021
Annual accounts 2021-36,4 k €↑
2020
Annual accounts 2020-96,8 k €↑
2019
Annual accounts 2019-659,1 k €↓
2018
Annual accounts 201819,4 k €↑
2017
Annual accounts 20175,9 k €↓
2016
Annual accounts 201613 k €↑
2015
Annual accounts 20151,6 k €↑
2014
Annual accounts 2014-23,4 k €↓
2013
Annual accounts 201321,2 k €↓
2012
Annual accounts 201240,1 k €↓
2011
Annual accounts 201156,7 k €↑
2010
Annual accounts 201032,2 k €↓
2009
Annual accounts 200962,3 k €↑
2008
Annual accounts 200839,4 k €↑
2007
Annual accounts 200737 k €↑
2006
Annual accounts 200631,6 k €
13/02/1973
IncorporationPrivate 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

Lynel

Overview

What does Lynel do?

Trend over 20 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