Done it, still same thing. Should I try with another pendrive? Mine is a kingston data traveller g3 16 gb size. I have another, Emtec 16 gb too. Can try it.

Ya at this point I don't know. You can try another flavor of Linux too. Look at something known to work on random hardware like proteus or mint. That and do some research on booting Linux to a netbook. That might help you.

I changed pens, now I get a black screen with the same thing but in the first line it shows:

"SYSLINUX 4.07 EDD 2013-07-25 Copyright (C) 1994-2013 H. Peter Anvin et al"

Still waiting for some crazy linux action x). At least it seems to be kind of working now?

Yeah, seems to be TRYING to boot now at least...

And this is still Lubuntu but on a different usb drive, correct? Just to make sure, did you download the 32-bit Lubuntu or 64-bit (shouldn't matter honestly, N2600 does support 64-bit)?

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Does that mean I cannot even format it?

Do you by any chance have a smaller USB drive to try putting Lubuntu on? Like 4 GB or smaller?

No, I only have 2 pendrives both 16 gb sized... Should I try another distribution? Which one do you recommend for a netbook like this?

Well, despite that that processor is able to do 4 threads, the 2 GB memory limitation is going to be the limiter. The big thing is that I seem to recall when I had a netbook like that, it wouldn't actually boot on any of my USB drives bigger than 4 GB. I may be mistaken (I know I had SOMETHING that had that issue), but would be nice.

Lubuntu in theory should work fairly well on there, but since it's giving so many issues, try downloading Anti-x once and see how that does. Designed around usage on older hardware even more than Lubuntu is.

Just in case, it seems to be either the pendrive or the boot or the netbook itself which is causing the problem, because I just tried the ISO on a virtualbox and it went very well actually.

And sorry, didn't see your edit earlier on. It's the same Lubuntu on a different pen, 32-bit one.

How are you creating the usb drive? i'm guessing on windows, but using what program?

On windows 7 ultimate 64 bit, using "Universal USB Installer"

EDIT: By the way, I had trouble trying to install WinXP on the same netbook... It went like it did not recognise the HDD at some point, and it said another thing at another point but I cannot remember.

Try downloading rufus and seeing if/how that works with lubuntu (and anti-x if uui doesn't give that any love either). I've had some success using it.

In the end, when I needed to do images from Windows, I ended up going to cygwin + dd.

Okay, I'll try some of those things. If someone knows something, please it would be great. Anyway, I'll update in a few days anyway to see if I can help any other.

Rufus is the gold standard for making bootable USBs from Windows, it has never failed for me...

https://rufus.akeo.ie/

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Same problem with same machine and OS. Solved with Rufus!
Thanks NGIB