ACTIVE

EIT FOOD

Financial year 2024 · closed on 31/12/2024
Net result
-84,3 k €
+77.5% YoY
Revenue
47,9 M €
+28.2% YoY
Equity
16,4 M €
+0.3% YoY
Workforce
90,7 ETP
+79.6% YoY

What does EIT FOOD do?

EIT FOOD is a International non-profit organization incorporated in 2017. Its main activity is: Management consultancy activities. Its registered office is in Leuven. It employs on average 90,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0672.423.992
Incorporation
15/03/2017
Legal form
International non-profit organization
Registered office
Philipssite 5 box 34
3001 Leuven · FlandreSee on map
Latest accounts
31/12/2024
Average workforce
90,7 ETP
Joint committees (1)
  • 335
Signals
Low riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202020182017
Income statement
Revenue47,9 M €37,3 M €33,3 M €17 M €––
EBITDA146,9 k €-211,2 k €3,6 M €3,6 M €-567,3 k €3 M €
Operating result-303,3 k €-396,4 k €3,3 M €3,5 M €-635 k €3 M €
Net result-84,3 k €-375 k €3,1 M €3,4 M €-648,3 k €3 M €
Balance sheet
Equity16,4 M €16,4 M €16,8 M €9,4 M €2,3 M €3 M €
Total assets64,5 M €40,6 M €40,5 M €36,1 M €13,4 M €4,4 M €
Cash16,2 M €34,9 M €30 M €13,3 M €8,3 M €3,2 M €
Debts24,1 M €14,9 M €23,6 M €26,4 M €10,7 M €1 M €
Other
Workforce90,7 ETP50,5 ETP41,9 ETP24,5 ETP14,2 ETP4,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 12 active · 30 ended

Active mandates

Aikaterini Liakopoulou

Director · since 11 décembre 2024 · until 10 décembre 2027

Active
Moore Audit

Registered auditor · since 20 juin 2024 · until 20 juin 2026 · 0453.925.059

Represented by Carmen Van Camp A02365

Active
Alice Lesaffre

Director · since 01 janvier 2024 · until 30 juin 2027

Active
Andrew Thomas

Director · since 20 juin 2023 · until 30 juin 2026

Active
Antonia Maria Lorenzo Lopez

Director · since 20 juin 2023 · until 30 juin 2026

Active
Michelle Williams

Director · since 20 juin 2023 · until 30 juin 2026

Active
PERMYRIAD

Director · since 23 juin 2022 · until 30 juin 2025 · 0806.930.033

Represented by Joel Ludvigsen

Active
Altingiz AB

Director · since 26 janvier 2022 · until 30 juin 2025

Represented by Pauline Lindwall

Active
Katherine Foster

Director · since 26 janvier 2022 · until 14 mai 2024

Active
Michiel de Ruiter

Chairman of the board of directors · since 26 janvier 2022 · until 30 juin 2025

Active
PELTOT CONSULTING

Director · since 26 janvier 2022 · until 30 juin 2025 · 0636.988.904

Represented by Cybelle Buyck-Royce

Active
Thomas Engel

Director · since 26 janvier 2022 · until 30 juin 2025

Active

Ended mandates

Moore Audit

Auditor · since 20 juin 2023 · until 30 juin 2026 · 0453.925.059

Represented by Carmen Lidmaatschapsnummer A02365 Van Camp

Ended
Katherine Foster

Director · since 26 janvier 2022 · until 30 juin 2025

Ended
PELTOT CONSULTING

Director · since 26 janvier 2022 · until 30 juin 2025 · 0636.988.904

Represented by Cybelle Buyck-Royce

Ended
PWL Partner

Director · since 26 janvier 2022 · until 30 juin 2025

Represented by Pauline Lindwall

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date17/06/202520/06/202415/11/202325/07/202231/08/202101/10/2020
General meeting11/06/202512/06/202420/06/202323/06/202228/07/202126/06/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202411/06/202517/06/2025DutchPDF
Full model31/12/202312/06/202420/06/2024DutchPDF
Full modelCorrection31/12/202220/06/202315/11/2023DutchPDF
Full model31/12/202220/06/202318/07/2023DutchPDF
Full model31/12/202123/06/202225/07/2022DutchPDF
Full model31/12/202028/07/202131/08/2021DutchPDF
Full modelCorrection31/12/201926/06/202001/10/2020DutchPDF
Full model31/12/201926/06/202013/08/2020DutchPDF
Abridged model31/12/201811/09/201930/09/2019DutchPDF
Abridged model31/12/201712/09/201813/09/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 12 active · 30 ended

Active mandates

Aikaterini Liakopoulou

Director · since 11 décembre 2024 · until 10 décembre 2027

Active
Moore Audit

Registered auditor · since 20 juin 2024 · until 20 juin 2026 · 0453.925.059

Represented by Carmen Van Camp A02365

Active
Alice Lesaffre

Director · since 01 janvier 2024 · until 30 juin 2027

Active
Andrew Thomas

Director · since 20 juin 2023 · until 30 juin 2026

Active
Antonia Maria Lorenzo Lopez

Director · since 20 juin 2023 · until 30 juin 2026

Active
Michelle Williams

Director · since 20 juin 2023 · until 30 juin 2026

Active
PERMYRIAD

Director · since 23 juin 2022 · until 30 juin 2025 · 0806.930.033

Represented by Joel Ludvigsen

Active
Altingiz AB

Director · since 26 janvier 2022 · until 30 juin 2025

Represented by Pauline Lindwall

Active
Katherine Foster

Director · since 26 janvier 2022 · until 14 mai 2024

Active
Michiel de Ruiter

Chairman of the board of directors · since 26 janvier 2022 · until 30 juin 2025

Active
PELTOT CONSULTING

Director · since 26 janvier 2022 · until 30 juin 2025 · 0636.988.904

Represented by Cybelle Buyck-Royce

Active
Thomas Engel

Director · since 26 janvier 2022 · until 30 juin 2025

Active

Ended mandates

Moore Audit

Auditor · since 20 juin 2023 · until 30 juin 2026 · 0453.925.059

Represented by Carmen Lidmaatschapsnummer A02365 Van Camp

Ended
Katherine Foster

Director · since 26 janvier 2022 · until 30 juin 2025

Ended
PELTOT CONSULTING

Director · since 26 janvier 2022 · until 30 juin 2025 · 0636.988.904

Represented by Cybelle Buyck-Royce

Ended
PWL Partner

Director · since 26 janvier 2022 · until 30 juin 2025

Represented by Pauline Lindwall

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/05/2026
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/08/2025
    DIVERSEN
    PDF
  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2024-84,3 k €↑
  2. 11/12/2024
    nominationAikaterini Liakopoulou — lid van de Supervisory Board (bestuur)
  3. 02/04/2024
    nominationNicolas Perrin — Chief Financial Officer (CFO)
  4. 02/04/2024
    nominationRaphael Debleser — Chief Operating Officer (COO)
  5. 02/04/2024
    nominationAdam Adamek — Chief Impact Officer (CIO)
  6. 15/01/2024
    nominationRichard Zaltzman — CEO
  7. 2023
    Annual accounts 2023-375 k €↓
  8. 13/12/2023
    nominationAlice Lesaffre — lid van de Supervisory Board (bestuur)
  9. 28/06/2023
    nominationNicolas Perrin — Director of Finance (Finance Director)
  10. 20/06/2023
    reconductionMichelle Williams — lid van de Supervisory Board (bestuur)
  11. 20/06/2023
    reconductionAndrew Thomas — lid van de Supervisory Board (bestuur)
  12. 20/06/2023
    nominationAntonia Maria Lorenzo Lopez — lid van de Supervisory Board (bestuur)
  13. 01/04/2023
    nominationJayne Brookman — Chief Partnership Officer
  14. 01/04/2023
    nominationSaskia Nuijten — Chief Brand & Communication Officer
  15. 01/04/2023
    nominationRichard Zaltzman — Chief Impact Officer
  16. 01/04/2023
    unknownCharlotte Knowles — Chief Operational Officer
  17. 2023
    Name changeEIT Food ivzw
  18. 2022
    Annual accounts 20223,1 M €↓
  19. 22/11/2022
    reconductionPauline Lindwall — Bestuursorgaan (Supervisory Board)
  20. 22/11/2022
    reconductionCybelle Buyck — Bestuursorgaan (Supervisory Board)
  21. 22/11/2022
    reconductionJoel Ludvigsen — Bestuursorgaan (Supervisory Board)
  22. 23/06/2022
    nominationLudvigsen, Joel David — lid van het Bestuursorgaan (Supervisory Board)
  23. 25/05/2022
    nominationRichard Zaltzman — Director Business Transformation
  24. 2020
    Annual accounts 20203,4 M €↑
  25. 2018
    Annual accounts 2018-648,3 k €↓
  26. 2017
    Annual accounts 20173 M €
  27. 15/03/2017
    IncorporationInternational non-profit organization
  28. 2017
    Name changeEIT Food