ACTIVE

Nutri-Ethic

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Financial year 2025 · closed on 31/12/2025

Net result

580,1 €

-72.5% YoY

Gross margin

11 k €

-42.6% YoY

Equity

92,1 k €

+0.6% YoY

Workforce

0,0 ETP

-100.0% YoY

What does Nutri-Ethic do?

Nutri-Ethic is a Public limited company incorporated in 2006. Its main activity is: Retail sale of food, beverages and tobacco in specialised stores. Its registered office is in Enghien.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0880.655.179

Incorporation

31/03/2006

Legal form

Public limited company

Registered office

Rue du Veneur 57
7850 Enghien · WallonieSee on map

Contributed capital

80 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

47279Retail sale of food, beverages and tobacco in specialised stores· main 47299Other retail sale of food in specialised stores 52272Support activities for transportation 10860Manufacture of homogenised food preparations and dietetic food 10860Manufacture of homogenised food preparations and dietetic food 15880Manufacture of leather and related products+3

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	11 k €	-42.6%	19,2 k €	-63.0%	52 k €	+0.5%	51,8 k €	-48.5%	100,5 k €	+61.3%	62,3 k €	-16.6%	74,7 k €	+82.9%	40,9 k €	-45.5%	74,9 k €	+13.4%	66,1 k €	+54.5%	42,8 k €	-22.3%	55,1 k €	-4.9%	57,9 k €	-0.3%	58,1 k €	+8.5%	53,5 k €	+40.1%	38,2 k €	+34.4%	28,4 k €	+320%	6,8 k €	+132%	-21 k €	-68.4%	-12,5 k €
EBITDA	6,7 k €	+58.7%	4,2 k €	-46.6%	7,9 k €	+8.7%	7,3 k €	-87.1%	56,5 k €	+267%	15,4 k €	-50.6%	31,2 k €	+8001%	-395 €	-101%	26,9 k €	+54.6%	17,4 k €	+303%	-8,6 k €	-225%	6,9 k €	-52.4%	14,4 k €	+2.0%	14,1 k €	+99.3%	7,1 k €	+1225%	535 €	+116%	-3,4 k €	+82.7%	-19,9 k €	+56.8%	-46 k €	-109%	-22 k €
Operating result	5,4 k €	+120%	2,5 k €	-64.6%	7 k €	+13.1%	6,1 k €	-89.0%	55,9 k €	+286%	14,5 k €	-52.8%	30,6 k €	+2042%	-1,6 k €	-106%	26,9 k €	+55.0%	17,4 k €	+290%	-9,2 k €	-256%	5,9 k €	-56.4%	13,4 k €	+0.8%	13,3 k €	+133%	5,7 k €	+615%	-1,1 k €	+81.9%	-6,1 k €	+73.8%	-23,4 k €	+52.6%	-49,3 k €	-115%	-22,9 k €
Net result	580,1 €	-72.5%	2,1 k €	-55.2%	4,7 k €	+39.9%	3,4 k €	-91.2%	38,4 k €	+334%	8,9 k €	-66.2%	26,2 k €	+608%	-5,2 k €	-123%	22,8 k €	+72.9%	13,2 k €	+197%	-13,5 k €	-568%	2,9 k €	-72.7%	10,6 k €	-7.6%	11,4 k €	+187%	4 k €	+257%	-2,5 k €	-19.8%	-2,1 k €	+91.1%	-23,9 k €	+51.5%	-49,3 k €	-116%	-22,8 k €
Balance sheet
Equity	92,1 k €	+0.6%	91,5 k €	+2.4%	89,4 k €	+5.6%	84,7 k €	0.0%	84,7 k €	+39.8%	60,6 k €	+17.1%	51,7 k €	+103%	25,5 k €	-16.8%	30,7 k €	+290%	7,9 k €	+248%	-5,3 k €	-165%	8,2 k €	+54.3%	5,3 k €	+201%	-5,3 k €	+68.5%	-16,7 k €	+19.3%	-20,7 k €	-14.0%	-18,1 k €	-13.3%	-16 k €	-303%	7,9 k €	-86.2%	57,2 k €
Total assets	337,1 k €	+96.7%	171,4 k €	+14.9%	149,2 k €	-6.4%	159,5 k €	+0.9%	158 k €	+5.5%	149,7 k €	+31.8%	113,6 k €	+29.5%	87,7 k €	+1.0%	86,8 k €	+93.1%	45 k €	-26.4%	61,1 k €	+3.1%	59,2 k €	+72.4%	34,3 k €	-25.4%	46 k €	-14.0%	53,6 k €	+26.5%	42,3 k €	-7.2%	45,6 k €	-20.7%	57,5 k €	+10.7%	52 k €	-23.6%	68 k €
Cash	67,1 k €	+154%	26,5 k €	+138%	11,1 k €	-67.3%	34 k €	+18.1%	28,8 k €	-16.1%	34,3 k €	+76.5%	19,4 k €	+24.6%	15,6 k €	-5.5%	16,5 k €	+78.8%	9,2 k €	-60.6%	23,4 k €	-31.3%	34,1 k €	+207%	11,1 k €	+228%	3,4 k €	-32.5%	5 k €	-57.1%	11,7 k €	+155%	4,6 k €	-55.1%	10,2 k €	-12.3%	11,6 k €	-56.0%	26,4 k €
Debts	245 k €	+207%	79,9 k €	+33.7%	59,8 k €	-20.1%	74,7 k €	+2.0%	73,3 k €	-17.8%	89,2 k €	+44.1%	61,9 k €	-0.5%	62,2 k €	+10.8%	56,1 k €	+51.3%	37,1 k €	-44.1%	66,4 k €	+32.2%	50,2 k €	+73.0%	29 k €	-43.4%	51,3 k €	-27.0%	70,3 k €	+11.5%	63 k €	-1.3%	63,8 k €	-13.3%	73,5 k €	+67.0%	44 k €	+306%	10,8 k €
Other
Workforce	0,0 ETP	-100%	0,6 ETP		–		–		–		–		–		–		–		–		1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 17 ended

Active mandates

Florence Bouillin

Director · since 18 janvier 2025

Active

STRATESCENCE

Director · since 18 janvier 2025 · 0818.530.639

Represented by Leclercq Yvan

Active

Ended mandates

STRATESCENCE

Director · since 18 janvier 2025 · 0818.530.639

Represented by Yvan LECLERQ

Ended

Liliane BRUYNDONCKX

Director · since 30 juin 2017 · until 05 mai 2023

Ended

Thierry TRINE

Managing director · since 30 juin 2017 · until 05 mai 2023

Ended

Liliane Bruyndonckx

Director · since 30 juin 2011 · until 30 juin 2017

Ended

At this address

Other companies at this address

Company	CBE no.
NUTRIPHYS● Active	0849.210.452
STRATESCENCE● Active	0818.530.639

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro 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	27/08/2026	05/06/2025	03/06/2024	07/06/2023	15/06/2022	25/08/2021
General meeting	03/06/2026	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
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
Abridged model	31/12/2025	03/06/2026	27/08/2026	French	PDF
Abridged model	31/12/2024	02/05/2025	05/06/2025	French	PDF
Micro model	31/12/2023	03/05/2024	03/06/2024	French	PDF
Micro model	31/12/2022	05/05/2023	07/06/2023	French	PDF
Micro model	31/12/2021	06/05/2022	15/06/2022	French	PDF
Micro model	31/12/2020	07/05/2021	25/08/2021	French	PDF
Micro model	31/12/2019	04/05/2020	28/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	06/08/2019	French	PDF
Micro model	31/12/2017	30/06/2018	07/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	22/06/2016	27/06/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	24/06/2014	26/06/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	25/06/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	13/06/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	07/07/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	24/06/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	23/07/2009	French	PDF
Abridged model	31/12/2007	18/06/2008	20/06/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	20/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 17 ended

Active mandates

Florence Bouillin

Director · since 18 janvier 2025

Active

STRATESCENCE

Director · since 18 janvier 2025 · 0818.530.639

Represented by Leclercq Yvan

Active

Ended mandates

STRATESCENCE

Director · since 18 janvier 2025 · 0818.530.639

Represented by Yvan LECLERQ

Ended

Liliane BRUYNDONCKX

Director · since 30 juin 2017 · until 05 mai 2023

Ended

Thierry TRINE

Managing director · since 30 juin 2017 · until 05 mai 2023

Ended

Liliane Bruyndonckx

Director · since 30 juin 2011 · until 30 juin 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/02/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 2025580,1 €↓
2024
Annual accounts 20242,1 k €↓
2023
Annual accounts 20234,7 k €↑
2022
Annual accounts 20223,4 k €↓
2021
Annual accounts 202138,4 k €↑
2020
Annual accounts 20208,9 k €↓
2019
Annual accounts 201926,2 k €↑
2018
Annual accounts 2018-5,2 k €↓
2017
Annual accounts 201722,8 k €↑
2016
Annual accounts 201613,2 k €↑
2015
Annual accounts 2015-13,5 k €↓
2014
Annual accounts 20142,9 k €↓
2013
Annual accounts 201310,6 k €↓
2012
Annual accounts 201211,4 k €↑
2011
Annual accounts 20114 k €↑
2010
Annual accounts 2010-2,5 k €↓
2009
Annual accounts 2009-2,1 k €↑
2008
Annual accounts 2008-23,9 k €↑
2007
Annual accounts 2007-49,3 k €↓
2006
Annual accounts 2006-22,8 k €
31/03/2006
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

Nutri-Ethic

Overview

What does Nutri-Ethic do?

Trend over 20 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