Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NEVERLEST from Namur, company number BE0437384084, closed financial year 2025 with a result of € -241,657 after tax. For that financial year NEVERLEST recorded a gross margin of € 152,872 and equity of € -4.5 million. Compared with financial year 2024, the result moved from € -104,928 to € -241,657. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ -4.5 million
▼ € 244,864 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -241,657
▼ 130 % more loss than in 2024
Profit after tax over the fiscal year.
€ 131,104
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.6 million.
People and assets in 2025
€ 60,367
▲ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58,411
▼ 34% vs 2024
Of which on lease € 15,315.
Debts at end 2025
€ 3.2 million
▼ 7% vs 2024
€ 286,267 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 71,664
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,532
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 32,413 | € 180,223 | € 203,632 | € 152,872 | ▼ 25% |
| Profit after taxes | € -209,342 | € 9,264 | € -104,928 | € -241,657 | ▼ € 136,729 |
| Equity | € -4,156,213 | € -4,150,156 | € -4,258,291 | € -4,503,156 | ▼ € 244,864 |
| Total debts | € 6,338,600 | € 6,592,936 | € 6,501,686 | € 6,909,351 | ▲ 6% |
| Cash | € 89,891 | € 108,675 | € 183,358 | € 131,104 | ▼ 28% |
| Land & buildings | € 1,687,109 | € 1,890,260 | € 1,885,353 | € 2,058,416 | ▲ 9% |
| Retained profit | € -5,267,310 | € -5,258,046 | € -5,362,974 | € -5,604,631 | ▼ € 241,657 |
| Bank debt | € 3,942,462 | € 3,709,484 | € 3,497,971 | € 3,248,153 | ▼ 7% |
| Balance sheet total | € 2,182,387 | € 2,442,780 | € 2,243,395 | € 2,406,195 | ▲ 7% |
Key figures of NEVERLEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NEVERLEST?
What happened at NEVERLEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aurélie d'ANDRIMONT stepped down as director. NBB
- Arthus de BOUSIES stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 241,657. filed late Source: NBB ↗
- Aurélie d'ANDRIMONT became a director. NBB
- Arthus de BOUSIES became a director. NBB
- New establishment in Namur. KBO
- New establishment in Namur. KBO
- New establishment in Namur. KBO
In short
From € 209,342 loss in 2022 to € 241,657 loss in 2025.
Best year ever: 2023, with € 9,264 profit.
Management
Establishments
Establishment units
Physical locations of this company
Dom. du Bois de Néverlée(RH) 1
5020 Namur
Avenue d'Ecolys(RH) 46
5020 Namur
Active since 2 October 2010
Avenue d'Ecolys(RH) 44
5020 Namur
Active since 2 October 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.384.084
- VAT number
- BE 0437.384.084
- Registered office
- Dom. du Bois de Néverlée(RH) 1, 5020 Namur
- Names & denominations
- NEVERLEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1989
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
Gemengd landbouwbedrijf
Gemengd bedrijf
Groothandel in hout
Exploitatie van bossen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Teelt van andere boomvruchten, kleinfruit en noten
Gites, vakantiewoningen en -appartementen