ACTIVE

Never Grow Up

Financial year 2025 · closed on 31/12/2025
Net result
26,1 k €
+34.2% YoY
Gross margin
27,2 k €
+33.3% YoY
Equity
-95,8 k €
+21.4% YoY

What does Never Grow Up do?

Never Grow Up is a Private limited company incorporated in 1989. Its main activity is: Retail sale of clothing in specialised stores. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.060.591
Incorporation
26/12/1989
Legal form
Private limited company
Registered office
Groenenborgerlaan 204 box 2
2610 Antwerpen · FlandreSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 201
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin27,2 k €20,4 k €2,1 k €2,7 k €2,1 k €2 k €3,9 k €2,5 k €-51,8 k €37,9 k €54 k €35,3 k €36,3 k €17,5 k €21,5 k €8,2 k €5,5 k €2,1 k €2,3 k €2,7 k €
EBITDA26,6 k €19,7 k €1,5 k €1,7 k €1,3 k €1 k €3 k €-10,8 k €-64,7 k €8,7 k €31 k €20,1 k €27,3 k €9,7 k €14,8 k €4,9 k €2,9 k €1,1 k €1,6 k €2 k €
Operating result26,2 k €19,5 k €1 k €1,3 k €823,3 €572,8 €2,8 k €-10,8 k €-113,9 k €-7,9 k €10,2 k €60,2 €8,2 k €-497,8 €6 k €316,4 €-1,2 k €-2,7 k €-1,4 k €-1 k €
Net result26,1 k €19,5 k €929,3 €1,2 k €595,7 €294,4 €2,6 k €-11,8 k €-119,7 k €-15,5 k €3,9 k €-8,1 k €2,5 k €-4,6 k €1,9 k €-3,3 k €-5,8 k €-3,6 k €-1,4 k €-1,1 k €
Balance sheet
Equity-95,8 k €-121,9 k €-126,4 k €-127,3 k €-128,5 k €-129,1 k €-129,4 k €-132 k €-120,2 k €-530,1 €14,9 k €11,1 k €19,2 k €16,6 k €21,2 k €19,3 k €22,6 k €28,5 k €32 k €33,5 k €
Total assets131,6 k €20,2 k €1,8 k €1,7 k €1,8 k €2,1 k €2,7 k €2 k €19,2 k €162,1 k €154,6 k €148,7 k €162,3 k €68,1 k €86 k €82,7 k €80,6 k €80,2 k €36,3 k €33,9 k €
Cash59,5 k €260,9 €203,7 €766,1 €376,7 €46,7 €199,8 €259,7 €4 k €1,7 k €1,4 k €2,7 k €938,5 €4,6 k €1,5 k €9,2 k €231,5 €518 €771 €446 €
Debts202,4 k €142,1 k €128,1 k €129 k €130,4 k €131,2 k €132,1 k €134 k €139,4 k €162,6 k €139,6 k €137,7 k €143,1 k €51,5 k €64,8 k €63,4 k €58 k €51,7 k €4,2 k €374 €
Other
Workforce0,8 ETP0,4 ETP0,3 ETP0,3 ETP0,3 ETP0,1 ETP0,2 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 · 9 ended

Active mandates

Koen De Meyer

Director · since 10 juin 2024 · until 31 décembre 2025

Active
Nathalie De Reyt

Director · since 07 août 2008

Active

Ended mandates

Julie De Reyt

Administrator - manager · since 01 octobre 2013

Ended
Nathalie De Reyt

Manager · since 07 août 2008

Ended
KARINE VAN DEN NEIUWENHOF

Associate

Ended
KARINE VAN DEN NIEUWENHOF

Associate

Ended
At this address

Other companies at this address

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 date29/08/202631/08/202531/08/202406/09/202328/11/202207/08/2021
General meeting30/06/202612/08/202530/07/202430/06/202330/06/202220/07/2021
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 model31/12/202530/06/202629/08/2026DutchPDF
Micro model31/12/202412/08/202531/08/2025DutchPDF
Micro model31/12/202330/07/202431/08/2024DutchPDF
Micro model31/12/202230/06/202306/09/2023DutchPDF
Micro model31/12/202130/06/202228/11/2022DutchPDF
Micro model31/12/202020/07/202107/08/2021DutchPDF
Abridged model31/12/201915/09/202001/10/2020DutchPDF
Abridged model31/12/201830/06/201925/07/2019DutchPDF
Micro model31/12/201730/06/201803/09/2018DutchPDF
Micro model31/12/201630/06/201717/08/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201430/06/201527/08/2015DutchPDF
Abridged model31/12/201330/06/201407/07/2014DutchPDF
Abridged model31/12/201230/06/201302/07/2013DutchPDF
Abridged model31/12/201130/06/201202/07/2012DutchPDF
Abridged model31/12/201030/06/201104/07/2011DutchPDF
Abridged model31/12/200930/06/201002/07/2010DutchPDF
Abridged model31/12/200830/06/200927/07/2009DutchPDF
Abridged model31/12/200730/06/200806/08/2008DutchPDF
Abridged model31/12/200629/06/200705/07/2007DutchPDF
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 · 9 ended

Active mandates

Koen De Meyer

Director · since 10 juin 2024 · until 31 décembre 2025

Active
Nathalie De Reyt

Director · since 07 août 2008

Active

Ended mandates

Julie De Reyt

Administrator - manager · since 01 octobre 2013

Ended
Nathalie De Reyt

Manager · since 07 août 2008

Ended
KARINE VAN DEN NEIUWENHOF

Associate

Ended
KARINE VAN DEN NIEUWENHOF

Associate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Registered office28/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/08/2008
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 202526,1 k €
  2. 2024
    Annual accounts 202419,5 k €
  3. 2023
    Annual accounts 2023929,3 €
  4. 2023
    Name changeNK Management & Consultancy
  5. 2022
    Annual accounts 20221,2 k €
  6. 2021
    Annual accounts 2021595,7 €
  7. 2021
    Name changeNever Grow up
  8. 2020
    Annual accounts 2020294,4 €
  9. 2019
    Annual accounts 20192,6 k €
  10. 2018
    Annual accounts 2018-11,8 k €
  11. 2017
    Annual accounts 2017-119,7 k €
  12. 2016
    Annual accounts 2016-15,5 k €
  13. 2015
    Annual accounts 20153,9 k €
  14. 2014
    Annual accounts 2014-8,1 k €
  15. 2013
    Annual accounts 20132,5 k €
  16. 2012
    Annual accounts 2012-4,6 k €
  17. 2011
    Annual accounts 20111,9 k €
  18. 2010
    Annual accounts 2010-3,3 k €
  19. 2009
    Annual accounts 2009-5,8 k €
  20. 2008
    Annual accounts 2008-3,6 k €
  21. 2007
    Annual accounts 2007-1,4 k €
  22. 2006
    Annual accounts 2006-1,1 k €
  23. 26/12/1989
    IncorporationPrivate limited company