ACTIVE

NEVERLEST

Financial year 2025 · closed on 31/12/2025
Net result
-241,7 k €
-130.3% YoY
Gross margin
152,9 k €
-24.9% YoY
Equity
-4,5 M €
-5.8% YoY

What does NEVERLEST do?

NEVERLEST is a Public limited company incorporated in 1989. Its registered office is in Namur.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.384.084
Incorporation
21/04/1989
Legal form
Public limited company
Registered office
Dom. du Bois de Néverlée(RH) 1
5020 Namur · WallonieSee on map
Contributed capital
1 060 984,29 €
Latest accounts
31/12/2025
Joint committees (3)
  • 144
  • 200
  • 302
Signals
Positive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin152,9 k €203,6 k €180,2 k €32,4 k €14,2 k €-116,7 k €-76,5 k €-134,1 k €-101,9 k €-103,7 k €-69,6 k €-82 k €-22,6 k €-42,4 k €-99,7 k €-26,6 k €-79 k €153,6 k €182,7 k €-41,5 k €
EBITDA20,5 k €134,8 k €132 k €-80,5 k €-164,3 k €-293,6 k €-292,5 k €-391,7 k €-388,2 k €-342,9 k €-312,7 k €-266,2 k €-111,4 k €-126,3 k €-163,6 k €-99,5 k €-148,4 k €102,6 k €124 k €-95,6 k €
Operating result-168,6 k €-39,7 k €10,7 k €-178,9 k €-289,2 k €-421,7 k €-448,7 k €-565,9 k €-554,2 k €-517,2 k €-487,8 k €-450,6 k €-313,7 k €-423 k €-456,1 k €-397,9 k €-403,4 k €-80,1 k €9,2 k €-193,1 k €
Net result-241,7 k €-104,9 k €9,3 k €-209,3 k €-286,9 k €-418,5 k €-446,3 k €-535,5 k €-518,8 k €-481,4 k €-429,3 k €-412,9 k €-276,1 k €-385,6 k €-412,9 k €-359,2 k €-370,7 k €-45,6 k €1,2 M €-201,6 k €
Balance sheet
Equity-4,5 M €-4,3 M €-4,2 M €-4,2 M €-3,9 M €-3,7 M €-3,2 M €-2,8 M €-2,2 M €-1,7 M €-1,2 M €-819,8 k €-400,6 k €-118,2 k €273,6 k €692,7 k €967,2 k €1,3 M €1,4 M €162,7 k €
Total assets2,4 M €2,2 M €2,4 M €2,2 M €1,9 M €2 M €2,1 M €2,3 M €2,4 M €2,5 M €2,7 M €2,8 M €2,9 M €3 M €3,4 M €3,6 M €3,4 M €2,5 M €1,8 M €1,7 M €
Cash131,1 k €183,4 k €108,7 k €89,9 k €19,6 k €14,6 k €7,1 k €21,7 k €19,3 k €10,4 k €17,5 k €10 k €35,7 k €9,5 k €38 k €95,2 k €43,6 k €47,2 k €17,7 k €
Debts6,9 M €6,5 M €6,6 M €6,3 M €5,8 M €5,6 M €5,4 M €5,1 M €4,6 M €4,2 M €3,9 M €3,5 M €3,2 M €3 M €2,9 M €2,7 M €2,2 M €830,6 k €77,3 k €1,6 M €
Other
Workforce5,4 ETP4,9 ETP3,2 ETP2,7 ETP1,9 ETP2,4 ETP3,4 ETP1,9 ETP2,4 ETP2,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

ARTHUS De BOUSIES

Director · since 28 avril 2022 · until 28 avril 2028

Active
Aurélie d'ANDRIMONT

Director · since 28 avril 2022 · until 28 avril 2028

Active

Ended mandates

Arthus de BOUSIES

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Aurélie D'ANDRIMONT

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Flexi Management

Managing director · since 11 juin 2019 · until 30 juin 2025 · 0727.634.513

Represented by Guy LEJEUNE

Ended
Flexi Management

Managing director · since 11 juin 2019 · until 21 octobre 2022 · 0727.634.513

Represented by Guy LEJEUNE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/09/202630/07/202508/07/202401/09/202329/04/202209/06/2021
General meeting30/06/202630/06/202521/06/202413/06/202328/04/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202607/09/2026FrenchPDF
Micro model31/12/202430/06/202530/07/2025FrenchPDF
Micro model31/12/202321/06/202408/07/2024FrenchPDF
Micro model31/12/202213/06/202301/09/2023FrenchPDF
Micro model31/12/202128/04/202229/04/2022FrenchPDF
Micro model31/12/202008/06/202109/06/2021FrenchPDF
Micro model31/12/201909/06/202009/06/2020FrenchPDF
Micro model31/12/201811/06/201912/06/2019FrenchPDF
Micro model31/12/201707/06/201811/06/2018FrenchPDF
Micro model31/12/201613/06/201714/06/2017FrenchPDF
Abridged model31/12/201514/06/201620/06/2016FrenchPDF
Abridged model31/12/201418/06/201509/07/2015FrenchPDF
Abridged model31/12/201310/06/201430/06/2014FrenchPDF
Abridged model31/12/201211/06/201308/10/2013FrenchPDF
Abridged model31/12/201112/06/201201/08/2012FrenchPDF
Abridged model31/12/201014/06/201115/07/2011FrenchPDF
Abridged model31/12/200914/06/201019/07/2010FrenchPDF
Abridged model31/12/200809/06/200902/07/2009FrenchPDF
Abridged model31/12/200710/06/200811/07/2008FrenchPDF
Abridged model31/12/200612/06/200720/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 28 ended

Active mandates

ARTHUS De BOUSIES

Director · since 28 avril 2022 · until 28 avril 2028

Active
Aurélie d'ANDRIMONT

Director · since 28 avril 2022 · until 28 avril 2028

Active

Ended mandates

Arthus de BOUSIES

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Aurélie D'ANDRIMONT

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Flexi Management

Managing director · since 11 juin 2019 · until 30 juin 2025 · 0727.634.513

Represented by Guy LEJEUNE

Ended
Flexi Management

Managing director · since 11 juin 2019 · until 21 octobre 2022 · 0727.634.513

Represented by Guy LEJEUNE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/08/2023
    SIEGE SOCIAL
    PDF
  • Mandates30/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/07/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/11/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/08/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/04/2015
    SIEGE SOCIAL
    PDF
  • Mandates28/03/2014
    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

Timeline

  1. 2025
    Annual accounts 2025-241,7 k €
  2. 2024
    Annual accounts 2024-104,9 k €
  3. 2023
    Annual accounts 20239,3 k €
  4. 2022
    Annual accounts 2022-209,3 k €
  5. 2021
    Annual accounts 2021-286,9 k €
  6. 2020
    Annual accounts 2020-418,5 k €
  7. 2019
    Annual accounts 2019-446,3 k €
  8. 2018
    Annual accounts 2018-535,5 k €
  9. 2017
    Annual accounts 2017-518,8 k €
  10. 2016
    Annual accounts 2016-481,4 k €
  11. 2015
    Annual accounts 2015-429,3 k €
  12. 2014
    Annual accounts 2014-412,9 k €
  13. 2013
    Annual accounts 2013-276,1 k €
  14. 2012
    Annual accounts 2012-385,6 k €
  15. 2011
    Annual accounts 2011-412,9 k €
  16. 2010
    Annual accounts 2010-359,2 k €
  17. 2009
    Annual accounts 2009-370,7 k €
  18. 2008
    Annual accounts 2008-45,6 k €
  19. 2007
    Annual accounts 20071,2 M €
  20. 2006
    Annual accounts 2006-201,6 k €
  21. 21/04/1989
    IncorporationPublic limited company