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Never2Wait

Active
Private limited companyfounded 2025active for 1 yearRue Madame(TOU) 14, 7500 Tournai, Belgium16 active companies are registered at this addressKBO/BCE: BE 1024.993.456
Summary

Never2Wait has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496,008 and a net result of -€64,859. Its solvency ranks better than 93% of 5,027 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Retail trade
NACE 47920Web portal activities NACE 63910
1 site
Size
€571,746total assets 2025
Staff
≈ 0.4 FTE, estimated
Equity
€496,008
Loss
-€64,859
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Largest shareholder
WAPI 2027 · 15.16%
2025 accounts 21 days early
Why 70raises risk1 change of registered office in 24 monthsLoss of €64,859 (financial year 2025)Founded in 2025lowers riskLiquidity: current ratio 4.25, cash €116,998Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 63% of its sector peers (NACE 47, micro)
Financial strength
Strong
Solvency 100
equity 86.8% of total assets
Liquidity 76
short-term debt 4.9% · cash 20.5%
Profitability 5
return on assets -11.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 08-2026: 0.7%highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 4.25, above the usual 1.5; short-term debt: 4.9% and cash: 20.5% of total assets), and 13.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 92% on solvency, 81% on liquidity and 15% on profitability.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €64,859 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.25, cash €116,998
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
21 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Capital & shares · Amendment of…Capital increase · Capital conversion…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Registered officeRegistered-office move · Director in…

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€64,859
Working capital
€91,323
Balance-sheet composition
Assets €571,746
Fixed assets €452,309
Current assets €119,437
Equity and liabilities €571,746
Equity €496,008
Debt €75,738
Debt finances 13.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€64,606
Cash flow
-€64,763
Current ratio
4.25
Debt to equity
0.15
ROE
-13.1%
ROA
-11.3%
Interest coverage
-411.69
Debt ≤ 1 year
€28,114
Debt > 1 year
€47,624
Staff costs
€12,829

Peer companies

Historical observation

Of the 1,683 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 90.7% are still going.

  • Small
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
  • without age
1.5% went bankrupt
7.7% stopped otherwise
90.7% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,683 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€571,746
Fixed assets21/28€452,309
Intangible fixed assets21€450,380
Tangible fixed assets22/27€1,929
Furniture and vehicles24€1,929
Current assets29/58€119,437
Amounts receivable within one year40/41€2,380
Other amounts receivable41€2,380
Cash at bank and in hand54/58€116,998
Deferred charges and accrued income490/1€59
Equity and liabilities
Total equity and liabilities10/49€571,746
Equity10/15€496,008
Contributions10/11€560,866
Contributions outside capital11€560,866
Other1109/19€560,866
Profit (loss) carried forward14-€64,859
Amounts payable17/49€75,738
Amounts payable after more than one year17€47,624
Financial debts170/4€47,624
Amounts payable within one year42/48€28,114
Current portion of amounts payable after more than one year42€14,258
Trade debts44€8,093
Suppliers440/4€8,093
Taxes, remuneration and social security45€5,764
Taxes450/3€381
Remuneration and social security454/9€5,383
Income statement Code2025
Remuneration, social security and pensions62€12,829
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95
Gross operating margin9900-€51,778
Operating profit (loss)9901-€64,702
Financial charges65/66B€157
Recurring financial charges65€157
Profit (loss) for the period before taxes9903-€64,859
Profit (loss) for the period9904-€64,859
Profit (loss) for the period to be appropriated9905-€64,859
Appropriation of the result
Profit (loss) to be appropriated9906-€64,859

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€12,829
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95
Gross operating margin9900-€51,778
Operating profit (loss)9901-€64,702
Financial charges65/66B€157
Recurring financial charges65€157
Profit (loss) for the period before taxes9903-€64,859
Profit (loss) for the period9904-€64,859
Profit (loss) for the period to be appropriated9905-€64,859
Line2025
Assets
Total assets20/58€571,746
Fixed assets21/28€452,309
Intangible fixed assets21€450,380
Tangible fixed assets22/27€1,929
Furniture and vehicles24€1,929
Current assets29/58€119,437
Amounts receivable within one year40/41€2,380
Other amounts receivable41€2,380
Cash at bank and in hand54/58€116,998
Deferred charges and accrued income490/1€59
Equity and liabilities
Total equity and liabilities10/49€571,746
Equity10/15€496,008
Contributions10/11€560,866
Contributions outside capital11€560,866
Other1109/19€560,866
Profit (loss) carried forward14-€64,859
Amounts payable17/49€75,738
Amounts payable after more than one year17€47,624
Financial debts170/4€47,624
Amounts payable within one year42/48€28,114
Current portion of amounts payable after more than one year42€14,258
Trade debts44€8,093
Suppliers440/4€8,093
Taxes, remuneration and social security45€5,764
Taxes450/3€381
Remuneration and social security454/9€5,383
Line2025
Profit (loss) for the period9904-€64,859
+ Depreciation and write-downs630€95
Operating cash flow (approximation)-€64,763

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 full format 10-07-2026 2026-00276442

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
WATCHOU YOUBISSI Shonin Serge
Director (not named in the articles) · since 03-07-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
WATCHOU YOUBISSI Shonin Serge
  • Director (not named in the articles), from 03-07-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
After the capital increase act of 04-09-2026 ↗
  • VERBEKE Antoine 3,646 shares · €175,000 · entièrement souscrits et intégralement libérés
  • BEEL Sébastien 521 shares · €25,000 · entièrement souscrits et non libérés
At incorporation act of 03-07-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 04-09-2026 Capital increase of €4,167 · to €104,167 · 4,167 new shares · in cash
  2. 04-09-2026 Converted to unavailable equity · €200,000
  3. 03-07-2025 Incorporation · €560,866.40 · 100,000 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Never2Wait was incorporated on 1 July 2025 as a private limited company by one natural person, with a starting capital of €560,866.12 The registered office was moved to Tournai in 2026.3 In 2026 the capital was increased by €4,167 to €104,167.4 Since 2025, WATCHOU YOUBISSI Shonin Serge has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-07-2025
  3. 3Belgian Official Gazette, 11-05-2026
  4. 4Belgian Official Gazette, 04-09-2026

Acts, filings and financial milestones

2026
04-09
Gazette deed Capital & shares · Amendment of the articles · Miscellaneous
Capital increase · Capital conversion · Share issue16 facts ▸
  • General meeting, 26-06-2026
  • Amendment of the articles, 6 (2 times)
  • Capital increase, €4,167
  • Capital conversion, “compte de capitaux propres indisponibles” (deed in French)
  • Share issue, “nominatives”, 3646 (deed in French)
  • Share issue, “nominatives”, 521 (deed in French)
  • Declaration, “renonciation au droit de préférence, augmentation des apports” (deed in French)
  • Bank account, “Banque CPH”, 175000 (deed in French)
  • Capital
  • Amendment of the articles, 5.1
  • Power of attorney, Watchou Youbissi Shonin
  • Other provision, “établir et de signer la coordination des statuts, conformément à la décision précédente, et d’assurer son dépôt au dossier de la société, mission au notaire” (deed in French)
  • +4 further facts in this act
10-07
NBB filing Annual accounts filed
financial year 2025 · full format
11-05
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 28-01-2026
  • Registered-office move, Rue Madame, 14 à 7500 Tournai
  • Director in office, Shonin Watchou Youbissi (director)
2025
03-07
Gazette deed Incorporation
Appointment: WATCHOU YOUBISSI Shonin Serge (director) · Founder · Founding capital10 facts ▸
  • Incorporation, “Never2Wait” (deed in French)
  • Founder, WATCHOU YOUBISSI Shonin Serge
  • Founding capital, €560,866.40
  • Auditor report, “Norme IRE apport en nature et quasi-apport, avec réserve,sans constatation significative sauf réserve” (deed in French)
  • Other provision, “effectivité dispositions transitoires, dépôt au greffe d'une expédition acte constitutif” (deed in French)
  • Registered office clause, “7500 Tournai,Avenue de Maire,44” (deed in French)
  • Board rule, 1
  • Director appointment, WATCHOU YOUBISSI Shonin Serge (director (not named in the articles))
  • Other provision, “information administrateur” (deed in French)
  • Pre-incorporation commitments, “takeover, tous engagements obligations activités entrepris par l'un ou l'autre des comparants au nom et pour compte Société en formation” (deed in French)
Gazette deedNBB filing
3 of 3 deeds read

Register details

Identification
Legal formPrivate limited company
Founded01-07-2025
Financial year end31-12
Abbreviation FR N2W
Activities, NACEBEL 2025
47920Retail trade
63910Web portal activities
58290Other software publishing
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1024993456
Registered 13-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
369 m²
Parcel 57081H0675/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Never2Wait
Rue Madame(TOU) 14, 7500 TournaiRetail trade
since 2025unit no. 2.375.849.803
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
57081H0675/00G000 Wallonia 369 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
Never2Wait
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, organe d'administration” (deed in French)

deed of 03-07-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 13. Pouvoir de représentation 12.1. Chaque administrateur représente la Société à l'égard des tiers et en justice, soit en…”
Board ruleHow the board is made up, meets and takes decisions.
“Organe d'administration, un ou plusieurs administrateurs” (deed in French)
“Indépendamment des frais de représentation,voyages et déplacements, portée aux frais généraux” (deed in French)

deed of 03-07-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cession entre vifs ou transmission pour cause de mort, à peine de déchéance” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Ouverture souscription, 15” (deed in French)

deed of 03-07-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Thursday of June at 18:00

deed of 03-07-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Les plus étendus attribués par la loi, assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 03-07-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Mentions obligatoires documents société” (deed in French)
Other provision: “Sièges administratifs et exploitation, simple décision organe d'administration” (deed in French)
Other provision: “Appels de fonds” (deed in French)
Other provision: “Pouvoir d'administration, ceux que la loi et les statuts réservent à l'assemblée générale” (deed in French)
Other provision: “Chacun peut agir seul et séparément, gestion journalière ainsi que représentation en ce qui concerne cette gestion” (deed in French)
Other provision: “Trois ans, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission à l'assemblée générale, titulaire de titres nominatifs inscrit en cette qualité dans registre relatif à sa catégorie” (deed in French)
Other provision: “Un administrateur ou,défaut,actionnaire présent détenant le plus d'actions ou,parité,plus âgé, séances,procès-verbaux” (deed in French)
Other provision: “Délibérations, dispositions légales régissant actions sans droit de vote” (deed in French)
Other provision: “Prorogation assemblée générale, séance tenante” (deed in French)
Other provision: “Répartition-réserves, articles 5:142 et 5:143” (deed in French)
Liquidation distribution: “Proportion actions, apurement dettes charges frais ou consignation” (deed in French)
Other provision: “Élection de domicile, domicilié à l'étranger” (deed in French)
Other provision: “Tribunaux du siège, compétence judiciaire” (deed in French)
Other provision: “Droit commun, dispositions CSA auxquelles il ne serait pas licitement dérogé réputées inscrites” (deed in French)
3 more provisions in the deed, see the deed of 03-07-2025

deed of 03-07-2025