About Never Explain
Never Explain is a private limited company (BV/SRL) based in Sint-Martens-Latem, founded in 2019. According to the company register, Never Explain has the status "Sluiting van vereffening". For the 2024 financial year, Never Explain reported a loss of €85,299. A year earlier, in 2023, it still made a profit of €45,128. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€111,130. Equity stands at €120,277, a solvency ratio of 100%. In 2019 it was €57,193. 6 annual accounts are available, covering 2019 to 2024.
- Activities
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No results found
- Signals
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Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Reporting lossesReporting losses € -88KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -112KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -114KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 120KStrong equity provides a buffer against setbacks.
Low riskLow risk 99.9%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 667.76A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Financial ratios
|
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|
|
€
-111K
|
€
69K
|
€
102K
|
€
31K
|
|
|
€
-114K
|
€
67K
|
€
100K
|
€
30K
|
|
|
€
-85K
|
€
45K
|
€
83K
|
€
17K
|
|
|
€
120K
|
€
206K
|
€
160K
|
€
77K
|
|
|
99.85%
|
96.51%
|
81.49%
|
50.34%
|
|
|
€
180
|
€
7K
|
€
36K
|
€
76K
|
|
|
€
114K
|
€
148K
|
€
66K
|
€
66K
|
Frequently asked questions
Answers to the most common questions about Never Explain, based on official government data and the filed annual accounts.
What is the VAT number of Never Explain?
The VAT number of Never Explain is BE0740.538.580.
When was Never Explain established?
Never Explain was founded in 27-12-2019.
What is the official address of Never Explain?
The official address of Never Explain is Brandstraat 30 Sint-Martens-Latem 9830.
What is the legal form of Never Explain?
The juridical form of Never Explain is Private limited company (BV/SRL).
What is the annual revenue of Never Explain?
The 2024 accounts of Never Explain do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Never Explain a reliable company?
Never Explain is a registered Rechtspersoon with company number 0740.538.580 and can be verified through the official CBE database.
What is the credit limit of Never Explain?
The estimated credit limit of Never Explain is €5,864.
Is Never Explain still active?
Never Explain currently has the status "Sluiting van vereffening" and is not active.