Equity
-€52,800
Debts exceed assets in financial year 2025.
NEVER ANOTHER
Lifetime
3 annual accounts with figures on one time axispeak -€5,532 (2025)
-€5,532▲ €6,177
lowest -€24,813 (2023)
-€13,776▲ €5,434
peak -€19,813 (2023)
-€52,800▼ €13,776
€76,227▲ 14.1%
Board1 name since 2023
1 director
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from -€11,709 to -€5,532Loss of €13,776Equity from -€39,024 to -€52,800Cash from €176 to €363
Key points
from the 2025 annual accountsLosses
-€57,800 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€76,227 325% of the balance sheet
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 61 days after the end of the period.
Starting capital
€5,000 100 shares
Position in the sector
-225.4%
Lower solvency than 95% of companies in wood and cork. Sector median 41.9% · 726 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as NEVER ANOTHER has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,654 companies, not a prediction for NEVER ANOTHER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799366013
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 13-03-2023 · Gazette deed
First establishment
Lambeaulaan 81, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEVER ANOTHER Woluwe-Saint-Lambert | €23,427 | -€5,532 | -225.4% | - |
| ZEN GROUP Waremme | €15,085 | -€1,442 | 41.9% | - |
| T(h)inkerFox Jurbise | €42,040 | -€5,714 | 50.9% | - |
| GRAIN Corp Gembloux | €40,743 | -€3,035 | -22.8% | - |
| ORIGIN design Jalhay | €41,523 | -€18,927 | -151.1% | - |
| MAXPETWOOD Brasschaat | €8,818 | -€10,965 | -95.4% | - |
| ZAFI CYCLES Ottignies-Louvain-la-Neuve | €76,595 | €3,940 | 12.7% | - |
These companies have the same main activity as NEVER ANOTHER: manufacture of other wood products (NACE 16281). They are comparable in size and age: total assets between €8,820 and €76,600, founded between 2017 and 2024.
Official details
Source: KBO- Status
- Active since 09-03-2023Normal situation
- Activity
- Manufacture of other wood productsNACE 16281
- Establishment unit
- 2.342.637.3971200 Woluwe-Saint-Lambert, since 09-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Annual accounts 2025
- €23,427▼ 15.7%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on NEVER ANOTHER
NEVER ANOTHER files the micro format. That format states no turnover. The gross margin rose from -€19,521 in 2023 to -€5,532 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about NEVER ANOTHER
- What is the company number of NEVER ANOTHER?
- The company number of NEVER ANOTHER is 0799.366.013. The VAT number is the same number with BE in front: BE 0799.366.013.
- Where is NEVER ANOTHER based?
- The registered office is at Lambeaulaan 81, 1200 Woluwe-Saint-Lambert.Company details
- What does NEVER ANOTHER do?
- According to the KBO register, the main activity is manufacture of other wood products (NACE 16281).
- What is the legal form of NEVER ANOTHER?
- NEVER ANOTHER is a private limited company (BV).
- When was NEVER ANOTHER founded?
- NEVER ANOTHER was founded on 09-03-2023.
- Is NEVER ANOTHER still active?
- Yes, NEVER ANOTHER is an active enterprise in the KBO register.
- What is the turnover of NEVER ANOTHER?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2024 turnover was €0.Financials
- Is NEVER ANOTHER profitable?
- In financial year 2025, NEVER ANOTHER made a loss of €13,776.
- Where can I find the annual accounts of NEVER ANOTHER?
- NEVER ANOTHER filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEVER ANOTHER due?
- NEVER ANOTHER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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