ACTIVE

LUSAI

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Financial year 2025 · closed on 31/12/2025

Net result

-4,1 k €

-589.5% YoY

Equity

14,6 M €

-0.0% YoY

What does LUSAI do?

LUSAI is a Public limited company incorporated in 2003. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.313.370

Incorporation

19/12/2003

Legal form

Public limited company

Registered office

Booiebos 5
9031 Gent · FlandreSee on map

Contributed capital

2 800 000,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
EBITDA	-6 k €	-45.1%	-4,1 k €	+19.2%	-5,1 k €	-201%	-1,7 k €	+53.0%	-3,6 k €	+12.3%	-4,1 k €	-107%	-2 k €	+98.7%	-149,9 k €	-3188%	-4,6 k €	-108%	58,8 k €	+250%	-39,3 k €	+20.2%	-49,2 k €	-11.3%	-44,2 k €	+17.1%	-53,3 k €	+32.9%	-79,5 k €	-46.7%	-54,2 k €	-29.6%	-41,8 k €	-13.6%	-36,8 k €
Operating result	-6 k €	-45.1%	-4,1 k €	+19.2%	-5,1 k €	-201%	-1,7 k €	+53.0%	-3,6 k €	+12.3%	-4,1 k €	-107%	-2 k €	+98.7%	-149,9 k €	-3188%	-4,6 k €	-108%	58,8 k €	+250%	-39,3 k €	+20.2%	-49,2 k €	-11.3%	-44,2 k €	+17.1%	-53,3 k €	+32.9%	-79,5 k €	-37.4%	-57,9 k €	-27.2%	-45,5 k €	-12.3%	-40,5 k €
Net result	-4,1 k €	-589%	-588,1 €	+88.3%	-5 k €	-119%	-2,3 k €	-100%	3,7 M €	+37.2%	2,7 M €	+17089%	-15,8 k €	-100%	7,1 M €	+327%	1,7 M €	+4064%	40,2 k €	+177%	-52,5 k €	-106%	879,5 k €	-74.9%	3,5 M €	-18.3%	4,3 M €	+75.0%	2,5 M €	+100%	1,2 M €	+70.8%	716,6 k €	+12.9%	634,5 k €
Balance sheet
Equity	14,6 M €	-0.0%	14,6 M €	-0.0%	14,6 M €	-0.0%	14,7 M €	+98.8%	7,4 M €	-52.4%	15,5 M €	-25.6%	20,8 M €	-0.1%	20,8 M €	+52.3%	13,7 M €	+14.0%	12 M €	+0.3%	12 M €	-0.4%	12 M €	+7.9%	11,1 M €	+45.9%	7,6 M €	+68.0%	4,5 M €	+46.9%	3,1 M €	+7.8%	2,9 M €	+0.6%	2,9 M €
Total assets	14,6 M €	-0.0%	14,6 M €	+0.0%	14,6 M €	-0.0%	14,7 M €	-0.1%	14,7 M €	-5.3%	15,5 M €	-25.8%	20,9 M €	-0.8%	21 M €	+37.4%	15,3 M €	+12.3%	13,6 M €	-4.2%	14,2 M €	-7.2%	15,4 M €	-10.3%	17,1 M €	+20.9%	14,1 M €	-7.2%	15,2 M €	+268%	4,1 M €	+13.3%	3,7 M €	+3.4%	3,5 M €
Cash	–		–		–		119 k €	-13.3%	137,3 k €	-85.6%	952,7 k €	-79.7%	4,7 M €	+3.3%	4,5 M €	+67546%	6,7 k €	-78.9%	31,8 k €	+729%	3,8 k €	-71.7%	13,5 k €	-77.0%	58,9 k €	+19.1%	49,5 k €	+55.4%	31,8 k €	+123%	14,2 k €	-90.0%	142,4 k €	+14.8%	124 k €
Debts	2,6 k €	+15.0%	2,2 k €	+55.6%	1,4 k €	+65.4%	863,6 €	-100.0%	7,3 M €	+546807%	1,3 k €	-98.3%	77,9 k €	-66.1%	229,5 k €	-86.1%	1,6 M €	+0.3%	1,6 M €	-27.9%	2,3 M €	-31.6%	3,3 M €	-44.1%	6 M €	-8.3%	6,5 M €	-39.1%	10,7 M €	+923%	1 M €	+33.7%	781,3 k €	+17.8%	663,4 k €

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 31/12/2025 · 3 active · 34 ended

Active mandates

Bastiaan Van Driel

Director · since 17 novembre 2025 · until 17 novembre 2031

Active

Robert Jan van der Most

Director · since 21 février 2025 · until 21 février 2031

Active

Nuscience Belgium

Mandate · 0412.718.370

Represented by Jolanda Van Haarlem

Active

Ended mandates

Jolanda Van Haarlem

Director · since 21 février 2025 · until 22 février 2031

Ended

Nuscience Group

Director · since 16 décembre 2023 · until 16 décembre 2029 · 0478.240.385

Represented by Jolanda van Haarlem

Ended

Nuscience Group

Director · since 23 mai 2020 · until 23 mai 2026 · 0478.240.385

Represented by BVBA Winexperience

Ended

Nuscience Group

Director · since 23 mai 2020 · until 23 mai 2026 · 0478.240.385

Represented by DE SCHEPPER Johan WINEXPERIENCE BVBA

Ended

At this address

Other companies at this address

Company	CBE no.
AGRIFIRM BELGIUM● Active	0435.455.467
Nuscience Belgium● Active	0412.718.370
NUTRITION SCIENCES● Active	0464.648.806
PREMIX INVE EXPORT● Active	0436.711.420

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/06/2026	20/06/2025	30/07/2024	01/08/2023	28/07/2022	12/08/2021
General meeting	23/05/2026	24/05/2025	28/06/2024	30/06/2023	30/06/2022	15/07/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	23/05/2026	12/06/2026	Dutch	PDF
Full model	31/12/2024	24/05/2025	20/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	01/08/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Full model	31/12/2020	15/07/2021	12/08/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	14/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	31/07/2019	Dutch	PDF
Full model	31/12/2017	26/05/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	27/05/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	28/05/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	23/05/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	24/05/2014	25/06/2014	Dutch	PDF
Full model	31/12/2012	25/05/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	26/05/2012	19/06/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	30/05/2011	Dutch	PDF
Full model	31/12/2009	10/03/2010	14/04/2010	Dutch	PDF
Full model	31/12/2008	23/05/2009	11/06/2009	Dutch	PDF
Full model	31/12/2007	24/05/2008	16/06/2008	Dutch	PDF
Full model	31/12/2006	26/05/2007	11/06/2007	Dutch	PDF

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 31/12/2025 · 3 active · 34 ended

Active mandates

Bastiaan Van Driel

Director · since 17 novembre 2025 · until 17 novembre 2031

Active

Robert Jan van der Most

Director · since 21 février 2025 · until 21 février 2031

Active

Nuscience Belgium

Mandate · 0412.718.370

Represented by Jolanda Van Haarlem

Active

Ended mandates

Jolanda Van Haarlem

Director · since 21 février 2025 · until 22 février 2031

Ended

Nuscience Group

Director · since 16 décembre 2023 · until 16 décembre 2029 · 0478.240.385

Represented by Jolanda van Haarlem

Ended

Nuscience Group

Director · since 23 mai 2020 · until 23 mai 2026 · 0478.240.385

Represented by BVBA Winexperience

Ended

Nuscience Group

Director · since 23 mai 2020 · until 23 mai 2026 · 0478.240.385

Represented by DE SCHEPPER Johan WINEXPERIENCE BVBA

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other20/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2020
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

2025
Annual accounts 2025-4,1 k €↓
2024
Annual accounts 2024-588,1 €↑
2023
Annual accounts 2023-5 k €↓
2022
Annual accounts 2022-2,3 k €↓
2019
Annual accounts 20193,7 M €↑
2018
Annual accounts 20182,7 M €↑
2017
Annual accounts 2017-15,8 k €↓
2016
Annual accounts 20167,1 M €↑
2015
Annual accounts 20151,7 M €↑
2014
Annual accounts 201440,2 k €↑
2013
Annual accounts 2013-52,5 k €↓
2012
Annual accounts 2012879,5 k €↓
2011
Annual accounts 20113,5 M €↓
2010
Annual accounts 20104,3 M €↑
2009
Annual accounts 20092,5 M €↑
2008
Annual accounts 20081,2 M €↑
2007
Annual accounts 2007716,6 k €↑
2006
Annual accounts 2006634,5 k €
19/12/2003
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

LUSAI

Overview

What does LUSAI 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