ACTIVE

NUTREX

Financial year 2024 · closed on 31/12/2024
Net result
2 M €
+39.0% YoY
Revenue
38,2 M €
+20.8% YoY
Equity
8,6 M €
-12.1% YoY
Workforce
10,0 ETP
+42.9% YoY

What does NUTREX do?

NUTREX is a Public limited company incorporated in 1995. Its registered office is in Olen. It employs on average 10,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.467.557
Incorporation
20/06/1995
Legal form
Public limited company
Registered office
Hoogbuul 24
2250 Olen · FlandreSee on map
Contributed capital
186 000,00 €
Latest accounts
31/12/2024
Average workforce
10,0 ETP
Joint committees (3)
  • 100
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue38,2 M €31,6 M €27,6 M €30,4 M €13,6 M €12,5 M €12,9 M €10,4 M €12,5 M €
EBITDA3,4 M €2,8 M €2,3 M €3,1 M €1,2 M €1,4 M €1,5 M €1,9 M €2,5 M €2,5 M €2,7 M €2,2 M €2,7 M €1,4 M €1,8 M €1,2 M €1,1 M €1,1 M €1,1 M €
Operating result2,6 M €1,9 M €1,5 M €2,3 M €762,7 k €1,1 M €1,5 M €1,8 M €2,2 M €2,4 M €2,7 M €2,2 M €2,6 M €1,4 M €1,7 M €1,2 M €1 M €1,1 M €1,1 M €
Net result2 M €1,4 M €1,1 M €1,7 M €483,9 k €707,7 k €1 M €1,2 M €1,4 M €1,8 M €1,8 M €1,4 M €1,8 M €989,1 k €1,4 M €912,9 k €776,8 k €757,2 k €610,3 k €
Balance sheet
Equity8,6 M €9,7 M €8,5 M €7,5 M €5,8 M €5,5 M €2,2 M €1,9 M €2,3 M €1,9 M €1,5 M €1,8 M €759,3 k €3 M €4 M €3,5 M €3,1 M €2,9 M €2,6 M €
Total assets11,4 M €13,1 M €12,5 M €14 M €12,5 M €10,7 M €2,8 M €2,7 M €3,2 M €3,3 M €4,8 M €3,1 M €5,7 M €5,9 M €5,4 M €5 M €4,3 M €4,3 M €3,5 M €
Cash581,5 k €1,4 M €1,2 M €1,6 M €1,4 M €1,8 M €778,4 k €196,9 k €324,5 k €273,3 k €2,5 M €717,9 k €3,4 M €3,7 M €1,6 M €3 M €2,3 M €1,7 M €1,1 M €
Debts2,7 M €3,2 M €3,9 M €6,2 M €6,5 M €5,2 M €610 k €579,1 k €904,5 k €1,3 M €3,1 M €1,3 M €4,9 M €2,9 M €1,4 M €1,4 M €1,3 M €1,4 M €930,3 k €
Other
Workforce10,0 ETP7,0 ETP7,1 ETP8,0 ETP7,7 ETP5,9 ETP6,9 ETP7,3 ETP7,2 ETP5,2 ETP5,9 ETP4,9 ETP4,2 ETP4,3 ETP6,0 ETP4,5 ETP4,0 ETP3,0 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 41 ended

Active mandates

Kuge Invest

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0435.435.077

Represented by Van De Mierop Leo

Active
Marnutec

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0834.879.889

Represented by Kurt Van De Mierop

Active
Saprofi

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0845.863.556

Represented by Geert Van De Mierop

Active

Ended mandates

Kuge Invest

Managing director · since 04 juin 2018 · until 11 mai 2024 · 0435.435.077

Represented by Leo Van de Mierop

Ended
Kuge Invest

Managing director · since 04 juin 2018 · until 28 juin 2024 · 0435.435.077

Represented by Van De Mierop Leo

Ended
Marnutec

Managing director · since 04 juin 2018 · until 11 mai 2024 · 0834.879.889

Represented by Kurt Van de Mierop

Ended
Marnutec

Managing director · since 04 juin 2018 · until 28 juin 2024 · 0834.879.889

Represented by Kurt Van De Mierop

Ended
At this address

Other companies at this address

CompanyCBE no.
Kuge InvestActive
0435.435.077
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/08/202528/08/202428/08/202331/08/202229/09/202107/09/2020
General meeting30/06/202528/06/202405/06/202329/06/202231/08/202110/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202514/08/2025DutchPDF
Full model31/12/202328/06/202428/08/2024DutchPDF
Full model31/12/202205/06/202328/08/2023DutchPDF
Full model31/12/202129/06/202231/08/2022DutchPDF
Abridged model31/12/202031/08/202129/09/2021DutchPDF
Abridged model31/12/201910/08/202007/09/2020DutchPDF
Abridged model31/12/201828/06/201929/08/2019DutchPDF
Abridged model31/12/201704/06/201828/08/2018DutchPDF
Abridged model31/12/201608/06/201725/08/2017DutchPDF
Full model31/12/201514/05/201625/08/2016DutchPDF
Full model31/12/201409/05/201527/08/2015DutchPDF
Full model31/12/201310/05/201424/07/2014DutchPDF
Full model31/12/201211/05/201308/08/2013DutchPDF
Abridged model31/12/201112/05/201214/08/2012DutchPDF
Abridged model31/12/201014/05/201129/08/2011DutchPDF
Abridged model31/12/200908/05/201030/08/2010DutchPDF
Abridged model31/12/200812/05/200931/08/2009DutchPDF
Abridged model31/12/200712/05/200828/08/2008DutchPDF
Abridged model31/12/200612/05/200720/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 3 active · 41 ended

Active mandates

Kuge Invest

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0435.435.077

Represented by Van De Mierop Leo

Active
Marnutec

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0834.879.889

Represented by Kurt Van De Mierop

Active
Saprofi

Managing director · since 28 juin 2024 · until 11 mai 2030 · 0845.863.556

Represented by Geert Van De Mierop

Active

Ended mandates

Kuge Invest

Managing director · since 04 juin 2018 · until 11 mai 2024 · 0435.435.077

Represented by Leo Van de Mierop

Ended
Kuge Invest

Managing director · since 04 juin 2018 · until 28 juin 2024 · 0435.435.077

Represented by Van De Mierop Leo

Ended
Marnutec

Managing director · since 04 juin 2018 · until 11 mai 2024 · 0834.879.889

Represented by Kurt Van de Mierop

Ended
Marnutec

Managing director · since 04 juin 2018 · until 28 juin 2024 · 0834.879.889

Represented by Kurt Van De Mierop

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/06/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring22/01/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/11/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates14/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2015
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2024
    Annual accounts 20242 M €
  2. 2023
    Annual accounts 20231,4 M €
  3. 2022
    Annual accounts 20221,1 M €
  4. 2021
    Annual accounts 20211,7 M €
  5. 2020
    Annual accounts 2020483,9 k €
  6. 2019
    Annual accounts 2019707,7 k €
  7. 2018
    Annual accounts 20181 M €
  8. 2017
    Annual accounts 20171,2 M €
  9. 2016
    Annual accounts 20161,4 M €
  10. 2015
    Annual accounts 20151,8 M €
  11. 2014
    Annual accounts 20141,8 M €
  12. 2013
    Annual accounts 20131,4 M €
  13. 2012
    Annual accounts 20121,8 M €
  14. 2011
    Annual accounts 2011989,1 k €
  15. 2010
    Annual accounts 20101,4 M €
  16. 2009
    Annual accounts 2009912,9 k €
  17. 2008
    Annual accounts 2008776,8 k €
  18. 2007
    Annual accounts 2007757,2 k €
  19. 2006
    Annual accounts 2006610,3 k €
  20. 20/06/1995
    IncorporationPublic limited company