ACTIVE

NANUK (SA)

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Financial year 2026 · closed on 28/02/2026

Net result

498,6 k €

+49.1% YoY

Revenue

12,1 M €

+1.5% YoY

Equity

571,9 k €

+548.4% YoY

Workforce

33,8 ETP

-3.4% YoY

What does NANUK do?

NANUK is a Public limited company incorporated in 1990. Its registered office is in Mouscron. It employs on average 33,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.219.544

Incorporation

25/06/1990

Legal form

Public limited company

Registered office

Rue des Garennes 10
7700 Mouscron · WallonieSee on map

Contributed capital

4 388 797,65 €

Latest accounts

28/02/2026

Average workforce

33,8 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2026		2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	12,1 M €	+1.5%	12 M €	+3.7%	11,5 M €	-5.1%	12,2 M €	+33.2%	9,1 M €	-16.6%	10,9 M €	-0.4%	11 M €	-3.6%	11,4 M €	-8.3%	12,4 M €	+8.5%	11,4 M €		–		–		–		–		–		–		–		0 €
EBITDA	1,3 M €	+11.0%	1,1 M €	+36.7%	830,9 k €	+7.6%	772,6 k €	+377%	162 k €	-77.6%	724 k €	-42.6%	1,3 M €	+151%	502,4 k €	-48.7%	978,7 k €	+15.3%	848,8 k €	+327%	-373,2 k €	-195%	-126,5 k €	+66.1%	-373 k €	-415%	118,5 k €	-82.1%	663,1 k €	+3.1%	643,3 k €	+8.0%	595,6 k €	-6.6%	637,8 k €
Operating result	728,6 k €	+19.8%	608,3 k €	+219%	190,9 k €	+39.1%	137,2 k €	+130%	-460,5 k €	-589%	-66,9 k €	-112%	542,2 k €	+713%	-88,4 k €	-120%	439,3 k €	+0.3%	438 k €	+129%	-1,5 M €	-66.0%	-908,5 k €	+2.5%	-931,3 k €	-236%	-276,8 k €	-246%	189,2 k €	+94.4%	97,3 k €	-29.4%	137,9 k €	+2.6%	134,4 k €
Net result	498,6 k €	+49.1%	334,3 k €	+800%	37,2 k €	+176%	13,4 k €	+102%	-557,1 k €	-221%	-173,5 k €	-146%	381,1 k €	+226%	-302,9 k €	-323%	135,9 k €	+383%	28,1 k €	+101%	-2,1 M €	-120%	-963,7 k €	+16.1%	-1,1 M €	-155%	-450 k €	-457%	126 k €	+3252%	3,8 k €	-84.9%	24,9 k €	-29.2%	35,2 k €
Balance sheet
Equity	571,9 k €	+548%	88,2 k €	+138%	-231,2 k €	+8.8%	-253,4 k €	-0.6%	-251,9 k €	-131%	817,8 k €	-20.5%	1 M €	+285%	-554,8 k €	+47.8%	-1,1 M €	+9.5%	-1,2 M €	-1.7%	-1,2 M €	-2456%	49 k €	+131%	-158,4 k €	-126%	620,3 k €	-5.5%	656,7 k €	+23.7%	530,7 k €	+0.7%	527 k €	+3.7%	508 k €
Total assets	7,2 M €	-1.8%	7,3 M €	+2.8%	7,1 M €	-5.9%	7,5 M €	+9.4%	6,9 M €	-11.3%	7,8 M €	-7.2%	8,4 M €	+11.1%	7,5 M €	-0.5%	7,6 M €	-15.6%	9 M €	-0.1%	9 M €	-2.2%	9,2 M €	-2.9%	9,5 M €	+25.7%	7,5 M €	+140%	3,1 M €	-7.8%	3,4 M €	-13.8%	3,9 M €	-9.6%	4,4 M €
Cash	24,8 k €	+411%	4,8 k €	-88.7%	43 k €	+70.4%	25,2 k €	-30.1%	36,1 k €	+9.7%	32,9 k €	-80.9%	172,3 k €	+356%	37,8 k €	+72.3%	21,9 k €	-92.4%	289,2 k €	-12.2%	329,3 k €	+1810%	17,2 k €	-68.1%	54 k €	-92.6%	726 k €	+2686%	26,1 k €	+123%	11,7 k €	-53.4%	25 k €	+459%	4,5 k €
Debts	6,6 M €	-9.0%	7,2 M €	-1.6%	7,3 M €	-5.9%	7,8 M €	+9.6%	7,1 M €	+2.3%	6,9 M €	-5.3%	7,3 M €	-9.2%	8,1 M €	-6.1%	8,6 M €	-15.0%	10,1 M €	+0.2%	10,1 M €	+10.5%	9,1 M €	-5.0%	9,6 M €	+39.2%	6,9 M €	+179%	2,5 M €	-13.6%	2,9 M €	-15.2%	3,4 M €	-10.1%	3,8 M €
Other
Workforce	33,8 ETP	-3.4%	35,0 ETP	+0.3%	34,9 ETP	-4.6%	36,6 ETP	-8.0%	39,8 ETP	-4.3%	41,6 ETP	+6.9%	38,9 ETP	+10.2%	35,3 ETP	-10.4%	39,4 ETP	+9.4%	36,0 ETP	+36.4%	26,4 ETP	+36.1%	19,4 ETP	+18.3%	16,4 ETP	+17.1%	14,0 ETP	-12.5%	16,0 ETP	-59.7%	39,7 ETP	+66.8%	23,8 ETP	+9.7%	21,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 28/02/2026 · 4 active · 52 ended

Active mandates

INTERCOMMUNALE D'ETUDE ET DE GESTION

Director · since 18 juillet 2025 · until 27 juin 2031 · 0229.068.864

Represented by Olivier Callewaert

Active

Klaas Buyck

Director · since 18 juillet 2025 · until 27 juin 2031

Active

NESTOR

Managing director · since 18 juillet 2025 · until 27 juin 2031 · 0466.344.821

Represented by Paul Sulmon

Active

Steven Decock

Director · since 18 juillet 2025 · until 27 juin 2031

Active

Ended mandates

NESTOR

Managing director · since 30 juin 2023 · until 27 juin 2025 · 0466.344.821

Represented by Paul Sulmon

Ended

NESTOR

Managing director · since 30 juin 2023 · until 18 juillet 2025 · 0466.344.821

Represented by Paul Sulmon

Ended

Ignaas Buyck

Director · since 28 août 2019 · until 27 juin 2025

Ended

Ignaas Buyck

Director · since 28 août 2019 · until 18 juillet 2025

Ended

At this address

Other companies at this address

Company	CBE no.
DESSERT CLUB INTERNATIONAL● Bankrupt	0457.644.515
SOJA Consulting● Active	1028.978.671

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/03/2025	01/03/2024	01/03/2023	01/03/2022	01/03/2021	01/03/2020
Closing of the financial year	28/02/2026	28/02/2025	29/02/2024	28/02/2023	28/02/2022	28/02/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	30/07/2025	06/09/2024	27/07/2023	27/10/2022	26/11/2021
General meeting	17/07/2026	18/07/2025	27/06/2024	30/06/2023	25/10/2022	25/11/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	28/02/2026	17/07/2026	31/07/2026	French	PDF
Full model	28/02/2025	18/07/2025	30/07/2025	French	PDF
Full model	29/02/2024	27/06/2024	06/09/2024	French	PDF
Full model	28/02/2023	30/06/2023	27/07/2023	French	PDF
Full model	28/02/2022	25/10/2022	27/10/2022	French	PDF
Full model	28/02/2021	25/11/2021	26/11/2021	French	PDF
Full model	29/02/2020	20/10/2020	27/10/2020	French	PDF
Full model	28/02/2019	28/08/2019	05/09/2019	French	PDF
Full model	28/02/2018	06/07/2018	27/07/2018	French	PDF
Full model	28/02/2017	29/06/2017	26/07/2017	French	PDF
Full model	29/02/2016	21/06/2016	20/07/2016	French	PDF
Abridged model	28/02/2015	30/06/2015	28/07/2015	French	PDF
Abridged model	31/03/2013	28/11/2013	29/11/2013	French	PDF
Abridged model	31/03/2012	27/06/2013	04/07/2013	French	PDF
Abridged model	31/03/2011	16/09/2011	15/12/2011	Dutch	PDF
Abridged model	31/03/2010	04/02/2011	10/02/2011	Dutch	PDF
Abridged model	31/03/2009	18/09/2009	13/10/2009	Dutch	PDF
Abridged model	31/03/2008	12/09/2008	27/10/2008	Dutch	PDF
Abridged model	31/03/2007	14/09/2007	25/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 28/02/2026 · 4 active · 52 ended

Active mandates

INTERCOMMUNALE D'ETUDE ET DE GESTION

Director · since 18 juillet 2025 · until 27 juin 2031 · 0229.068.864

Represented by Olivier Callewaert

Active

Klaas Buyck

Director · since 18 juillet 2025 · until 27 juin 2031

Active

NESTOR

Managing director · since 18 juillet 2025 · until 27 juin 2031 · 0466.344.821

Represented by Paul Sulmon

Active

Steven Decock

Director · since 18 juillet 2025 · until 27 juin 2031

Active

Ended mandates

NESTOR

Managing director · since 30 juin 2023 · until 27 juin 2025 · 0466.344.821

Represented by Paul Sulmon

Ended

NESTOR

Managing director · since 30 juin 2023 · until 18 juillet 2025 · 0466.344.821

Represented by Paul Sulmon

Ended

Ignaas Buyck

Director · since 28 août 2019 · until 27 juin 2025

Ended

Ignaas Buyck

Director · since 28 août 2019 · until 18 juillet 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/09/2026
DEMISSION ET NOMINATION ADMINISTRATEURS (DELEGUE) ET
PDF
Mandates26/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/12/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates11/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates12/10/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares17/05/2018
CAPITAL, ACTIONS
PDF
Capital / shares29/12/2017
CAPITAL, ACTIONS
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

2026
Annual accounts 2026498,6 k €↑
2025
Annual accounts 2025334,3 k €↑
2024
Annual accounts 202437,2 k €↑
2023
Annual accounts 202313,4 k €↑
2022
Annual accounts 2022-557,1 k €↓
2020
Annual accounts 2020-173,5 k €↓
2019
Annual accounts 2019381,1 k €↑
2018
Annual accounts 2018-302,9 k €↓
2017
Annual accounts 2017135,9 k €↑
2016
Annual accounts 201628,1 k €↑
2015
Annual accounts 2015-2,1 M €↓
2013
Annual accounts 2013-963,7 k €↑
2012
Annual accounts 2012-1,1 M €↓
2011
Annual accounts 2011-450 k €↓
2010
Annual accounts 2010126 k €↑
2009
Annual accounts 20093,8 k €↓
2008
Annual accounts 200824,9 k €↓
2007
Annual accounts 200735,2 k €
25/06/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NANUK (SA)

Overview

What does NANUK do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline