ACTIVE

NUT

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

31 k €

-55.7% YoY

Gross margin

189,2 k €

-13.6% YoY

Equity

480 k €

+6.9% YoY

What does NUT do?

NUT is a Private limited company incorporated in 2001. Its main activity is: Advertising agencies. Its registered office is in Alken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.353.952

Incorporation

19/03/2001

Legal form

Private limited company

Registered office

Zevenboomkensstraat 11
3570 Alken · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/03/2025

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74201Photographic activities 74201Photographic activities 74401Other professional, scientific and technical activities 74811Other professional, scientific and technical activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	189,2 k €	-13.6%	219,1 k €	-40.3%	366,8 k €	+74.6%	210,1 k €	+8.0%	194,6 k €	+6.4%	182,8 k €	+24.7%	146,5 k €	+3.3%	141,8 k €	-14.3%	165,4 k €	+0.5%	164,5 k €	-24.2%	217,1 k €	-20.1%	271,6 k €	-8.7%	297,5 k €	+6.5%	279,3 k €	+64.7%	169,6 k €	+121%	76,8 k €	-49.0%	150,6 k €	+14.9%	131,1 k €	-5.5%	138,7 k €
EBITDA	61,3 k €	-30.8%	88,6 k €	-63.2%	241 k €	+189%	83,5 k €	+2.1%	81,8 k €	+46.3%	55,9 k €	+20.2%	46,5 k €	+26.2%	36,8 k €	-29.8%	52,5 k €	-11.4%	59,2 k €	-1.4%	60,1 k €	-51.0%	122,6 k €	-13.9%	142,4 k €	+61.6%	88,1 k €	+22.3%	72 k €	+131%	31,2 k €	-47.2%	59,1 k €	+18.2%	50 k €	-30.1%	71,5 k €
Operating result	29,5 k €	-64.2%	82,2 k €	-63.7%	226,5 k €	+246%	65,5 k €	+8.0%	60,6 k €	+120%	27,6 k €	+105%	13,4 k €	-29.9%	19,1 k €	-6.6%	20,5 k €	-25.8%	27,6 k €	+73.6%	15,9 k €	-81.9%	87,8 k €	-7.6%	95 k €	+143%	39,1 k €	+57.9%	24,8 k €	+394%	-8,4 k €	-150%	16,8 k €	+93.2%	8,7 k €	-72.9%	32 k €
Net result	31 k €	-55.7%	69,9 k €	-58.2%	167,2 k €	+211%	53,7 k €	+27.0%	42,3 k €	+162%	16,1 k €	+158%	6,2 k €	+62.8%	3,8 k €	-74.2%	14,9 k €	+227%	4,6 k €	-32.2%	6,7 k €	-87.7%	54,8 k €	-15.2%	64,7 k €	+244%	18,8 k €	+154%	7,4 k €	+136%	-20,7 k €	-1490%	1,5 k €	+167%	-2,2 k €	-113%	16,5 k €
Balance sheet
Equity	480 k €	+6.9%	449 k €	-14.7%	526,6 k €	+40.6%	374,5 k €	+11.5%	335,7 k €	+14.4%	293,4 k €	+5.8%	277,3 k €	+2.3%	271,1 k €	+1.4%	267,2 k €	+5.9%	252,4 k €	+1.8%	247,8 k €	+2.8%	241,1 k €	+23.1%	195,8 k €	+21.5%	161,1 k €	+13.2%	142,4 k €	+5.5%	135 k €	-13.3%	155,7 k €	+1.0%	154,2 k €	-1.4%	156,4 k €
Total assets	761 k €	+9.8%	693,2 k €	-2.3%	709,5 k €	+30.2%	545 k €	+8.9%	500,7 k €	+9.7%	456,2 k €	-1.4%	462,8 k €	+0.9%	458,5 k €	-31.9%	673,5 k €	+8.6%	619,9 k €	-18.4%	759,5 k €	+46.2%	519,5 k €	+9.7%	473,8 k €	+5.3%	449,9 k €	-19.1%	556,4 k €	+44.4%	385,4 k €	-22.8%	498,9 k €	+20.6%	413,5 k €	+0.1%	413,3 k €
Cash	153,9 k €	+46.4%	105,1 k €	+29.4%	81,3 k €	+24.7%	65,2 k €	+231%	19,7 k €	-39.4%	32,5 k €	+511%	5,3 k €	-63.3%	14,5 k €	-5.4%	15,3 k €	-30.6%	22 k €	-67.1%	66,8 k €	-32.7%	99,2 k €	-34.5%	151,5 k €	+59.2%	95,2 k €	-13.6%	110,1 k €	+866%	11,4 k €	-87.0%	87,8 k €	+730%	10,6 k €	+72.8%	6,1 k €
Debts	138,4 k €	-7.4%	149,5 k €	-18.1%	182,7 k €	+7.1%	170,6 k €	+3.4%	164,9 k €	+1.3%	162,7 k €	-12.2%	185,4 k €	-0.5%	186,3 k €	-54.0%	405,4 k €	+10.7%	366,4 k €	-28.4%	511,7 k €	+83.7%	278,5 k €	+0.7%	276,5 k €	-3.7%	287 k €	-30.5%	413,3 k €	+65.0%	250,4 k €	-26.8%	342,2 k €	+31.9%	259,4 k €	+1.3%	256 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,0 ETP	-25.9%	2,7 ETP	-10.0%	3,0 ETP	-6.3%	3,2 ETP	-11.1%	3,6 ETP	+56.5%	2,3 ETP	+130%	1,0 ETP	-52.4%	2,1 ETP	+5.0%	2,0 ETP	+11.1%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 5 ended

Active mandates

Gert Vandercappellen

Director · since 19 mars 2001

Active

Ended mandates

Jacqueline Hultermans

Director · since 30 mai 2013 · until 29 septembre 2019

Ended

Jacqueline Hultermans

Manager · since 30 mai 2013

Ended

Gert Vandercapellen

Manager

Ended

Gert Vandercappellen

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/10/2025	28/10/2024	31/10/2023	31/10/2022	03/11/2021	04/11/2020
General meeting	17/09/2025	18/09/2024	20/09/2023	21/09/2022	15/09/2021	16/09/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	17/09/2025	29/10/2025	Dutch	PDF
Micro model	31/03/2024	18/09/2024	28/10/2024	Dutch	PDF
Micro model	31/03/2023	20/09/2023	31/10/2023	Dutch	PDF
Micro model	31/03/2022	21/09/2022	31/10/2022	Dutch	PDF
Micro model	31/03/2021	15/09/2021	03/11/2021	Dutch	PDF
Micro model	31/03/2020	16/09/2020	04/11/2020	Dutch	PDF
Micro model	31/03/2019	18/09/2019	29/10/2019	Dutch	PDF
Micro model	31/03/2018	19/09/2018	29/10/2018	Dutch	PDF
Micro model	31/03/2017	20/09/2017	30/10/2017	Dutch	PDF
Abridged model	31/03/2016	21/09/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	16/09/2015	21/09/2015	Dutch	PDF
Abridged model	31/03/2014	19/09/2014	24/09/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	30/10/2013	Dutch	PDF
Abridged model	31/03/2012	19/09/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	21/09/2011	31/10/2011	Dutch	PDF
Abridged model	31/03/2010	15/09/2010	27/10/2010	Dutch	PDF
Abridged model	31/03/2009	16/09/2009	28/10/2009	Dutch	PDF
Abridged model	31/03/2008	17/09/2008	19/11/2008	Dutch	PDF
Abridged model	31/03/2007	19/09/2007	24/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 1 active · 5 ended

Active mandates

Gert Vandercappellen

Director · since 19 mars 2001

Active

Ended mandates

Jacqueline Hultermans

Director · since 30 mai 2013 · until 29 septembre 2019

Ended

Jacqueline Hultermans

Manager · since 30 mai 2013

Ended

Gert Vandercapellen

Manager

Ended

Gert Vandercappellen

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/05/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/09/2012
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202531 k €↓
2024
Annual accounts 202469,9 k €↓
2023
Annual accounts 2023167,2 k €↑
2022
Annual accounts 202253,7 k €↑
2021
Annual accounts 202142,3 k €↑
2020
Annual accounts 202016,1 k €↑
2019
Annual accounts 20196,2 k €↑
2018
Annual accounts 20183,8 k €↓
2017
Annual accounts 201714,9 k €↑
2016
Annual accounts 20164,6 k €↓
2015
Annual accounts 20156,7 k €↓
2014
Annual accounts 201454,8 k €↓
2013
Annual accounts 201364,7 k €↑
2012
Annual accounts 201218,8 k €↑
2011
Annual accounts 20117,4 k €↑
2010
Annual accounts 2010-20,7 k €↓
2009
Annual accounts 20091,5 k €↑
2008
Annual accounts 2008-2,2 k €↓
2007
Annual accounts 200716,5 k €
19/03/2001
IncorporationPrivate 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

NUT

Overview

What does NUT do?

Trend over 19 financial years

Indicative valuation

Board of directors

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