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 3 of the last 3 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 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
111 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
NEVER END from Ukkel, company number BE0801485957, closed financial year 2025 with a result of € -34,748 after tax. For that financial year NEVER END recorded a gross margin of € -1,501 and equity of € -78,444. Compared with financial year 2024, the result moved from € -30,445 to € -34,748. 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 30, 2026.
€ -78,444
▼ € 34,748 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,748
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 27
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -78,544.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 83,766
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,867
▲ 147% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 3,284 | € 3,079 | € -1,501 | ▼ € 4,581 |
| Profit after taxes | € -13,351 | € -30,445 | € -34,748 | ▼ € 4,303 |
| Equity | € -13,251 | € -43,696 | € -78,444 | ▼ € 34,748 |
| Total debts | € 191,474 | € 172,725 | € 168,173 | ▼ 3% |
| Cash | € 17,434 | € 3,848 | € 27 | ▼ 99% |
| Retained profit | € -13,351 | € -43,796 | € -78,544 | ▼ € 34,748 |
| Balance sheet total | € 178,223 | € 129,029 | € 89,729 | ▼ 30% |
Key figures of NEVER END, fiscal years 2023 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 NEVER END?
What happened at NEVER END in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,748. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Ludovic Ortus became a director. NBB
In short
From € 13,351 loss in 2023 to € 34,748 loss in 2025.
Management
Behind NEVER END is Ludovic Ortus.
Directors
According to the 2025 annual accounts
Ludovic Ortus
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 897
1180 Ukkel
Dolezlaan 143 box 10
1180 Ukkel
Active since 5 May 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.
All companies at this address →The British Charitable Fund
JM Construction
€ -93,714 gross margin · 2025
LINEA
€ 19,901 gross margin · 2025
BLIZZARD
€ 87,486 gross margin · 2025
R.C. & Co
€ 68,172 gross margin · 2025
+106 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0801.485.957
- VAT number
- BE 0801.485.957
- Registered office
- Alsembergsesteenweg 897, 1180 Ukkel
- Names & denominations
- NEVER END
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2023
- Peppol
- Not registered
- Activities · NACE
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