Equity
-€95,810
Debts exceed assets in financial year 2025.
Never Grow Up
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €53,954 (2015)
€27,179▲ 33.3%
lowest -€119,665 (2017)
€26,105▲ 34.2%
peak €33,476 (2006)
-€95,810▲ €26,105
€227,420▲ 60.0%
peak 0.9 FTE (2016)
-not published
Board3 names since 2008
1 directorDE REYT Nathalie Laurence Louisa
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €20,396 to €27,179Result from €19,453 to €26,105Registered office moved within Kontich 01-09Equity from -€121,915 to -€95,810Debts from €142,099 to €227,420Cash from €261 to €59,506
Key points
from the 2025 annual accountsDebts
€227,420 173% of the balance sheet
Financial debts 44%Suppliers 29%Taxes and wages 8%Other 19%
Of this, €102,420 falls due within a year.
Investments
€6,053 17.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.23 was 0.48 in 2024
Short-term debts rose from €42,099 to €102,420.
Board
1 joined · 1 left
Board changed. Latest change 31-12-2025 · 1 in office.
Position in the sector
-€95,810
Less equity than 95% of companies in retail trade. Sector median €41,015 · 22,952 companies.
2025 accounts filed 29 days after the deadline
Checked score
39
Weak
Financially stronger than 58% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025lowest value
07-2025: 1.3%▲ +0.3 percentage points vs 06-2025
08-2025: 1.8%▲ +0.5 percentage points vs 07-2025
09-2025: 2.0%▲ +0.2 percentage points vs 08-2025
10-2025: 2.6%▲ +0.6 percentage points vs 09-2025
11-2025: 2.6%● unchanged vs 10-2025
12-2025: 2.6%● unchanged vs 11-2025
01-2026: 2.6%● unchanged vs 12-2025
02-2026: 6.4%▲ +3.8 percentage points vs 01-2026
03-2026: 6.4%● unchanged vs 02-2026
04-2026: 6.5%▲ +0.1 percentage points vs 03-2026
05-2026: 6.5%● unchanged vs 04-2026
06-2026: 6.4%▼ -0.1 percentage points vs 05-2026
07-2026: 6.7%▲ +0.3 percentage points vs 06-2026
08-2026: 7.7%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 5.2%▼ -2.5 percentage points vs 08-2026
10-2026: 5.2%● unchanged vs 09-2026
11-2026: 5.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
2 changes of registered office in 24 months
Negative equity -€95,810
Sector: Retail trade (NACE 47)
Last filed accounts filed 29 days late; 2 of the last 3 accounts late
Calculation
The band follows from the bankruptcy probability. 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). It does better than 6% of them on solvency, 64% on liquidity, 88% on profitability and 74% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as Never Grow Up has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Never Grow Up itself is higher: 5.2% within 12 months. It rests on far more data about Never Grow Up than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,794 companies, not a prediction for Never Grow Up. 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
No credit on open account
Liquidity is tight, with a current ratio of 1.23 (0.48 in 2024), below the usual 1.5. Short-term debt is 77.8% and cash 45.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 22909 sector peers (2025).
NBB · sector comparisonPosition among 22909 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
29 days late
2024
31 days late
2023
31 days late
2022
37 days late
2021
120 days late
2020
7 days late
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440060591
Company renamed from NK MANAGEMENT & CONSULTANCY to Never Grow Up
Registered office moved from Kontich to Wilrijk · New registered office: Groenenborgerlaan 204 bus 2, 2610 Wilrijk · Previous registered office: Kleine Meylstraat 28, 2550 Kontich · General meeting of 31-12-2025 · Gazette deed
Registered office moved within Kontich
New registered office: Kleine Meylstraat 28, 2550 Kontich · Previous registered office: Vedestraat 152c, 2550 Kontich · Resignation: Nathalie De Reyt (director) · General meeting of 07-08-2025 · Gazette deed
Company renamed from NEVER GROW UP to NK MANAGEMENT & CONSULTANCY
Resignation: DE REYT Nathalie (director) · Reappointment: DE REYT Nathalie (director) · Appointment: DE MEYER Koen (statutory director) · General meeting of 10-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Never Grow Up Antwerp | €131,610 | €27,179 | -72.8% | - |
| BOFITEX Mortsel | €137,604 | €42,158 | 40.9% | - |
| BRUMEN Balen | €119,823 | €32,002 | 80.1% | - |
| MACS 2 et CIE Herbeumont | €116,475 | €23,223 | -102.4% | - |
| PIERRE ET LE LOUP Aywaille | €175,353 | €25,007 | 31.1% | - |
| BEBO Herk-de-Stad | €103,092 | €26,268 | -56.2% | - |
| CHERUBIN Kortrijk | €153,258 | €57,814 | 89.6% | - |
These companies have the same main activity as Never Grow Up: retail trade (NACE 47713). They are comparable in size and age: total assets between €103,000 and €175,000, founded between 1989 and 1999.
Official details
Source: KBO- Status
- Active since 26-12-1989Normal situation
- Activity
- Retail tradeNACE 47713
- Establishment unit
- 2.046.983.0802610 Antwerp, since 08-02-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Insights on Never Grow Up
Never Grow Up files the micro format. That format states no turnover. The gross margin rose from €2,685 in 2006 to €27,179 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 Grow Up
- What is the company number of Never Grow Up?
- The company number of Never Grow Up is 0440.060.591. The VAT number is the same number with BE in front: BE 0440.060.591.
- Where is Never Grow Up based?
- The registered office is at Groenenborgerlaan 204, 2610 Antwerp.Company details
- What does Never Grow Up do?
- According to the KBO register, the main activity is retail trade (NACE 47713).
- What is the legal form of Never Grow Up?
- Never Grow Up is a private limited company (BV).
- When was Never Grow Up founded?
- Never Grow Up was founded on 26-12-1989.
- Is Never Grow Up still active?
- Yes, Never Grow Up is an active enterprise in the KBO register.
- What is the turnover of Never Grow Up?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €27,179 and 51 comparable companies (NACE 477). It probably lies between €70,000 and €230,000.Financials
- Is Never Grow Up profitable?
- In financial year 2025, Never Grow Up made a profit of €26,105.
- Where can I find the annual accounts of Never Grow Up?
- Never Grow Up filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Never Grow Up due?
- Never Grow Up must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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