Financials
- Fiscal year
- 2025
- Turnover
- €173.8m
- Profit
- €7.6m
- Solvency
- 78.2%
Turnover▲ 4.7%
Net result
20182025
Nuscience Belgium
ActiveSummary
Nuscience Belgium has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113.2m and a net result of €7.6m. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 717 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of food products
NACE 10910NACE 15710
#8 company by equity in East Flanders, Food products sector2 sites
Size
€173.8mturnover 2025
- Staff
- 127.2 FTE
- Equity
- €113.2m
- Profit
- €7.6m
Equity +75%: merger
Structure
- Parent
- NUSCIENCE GROUP · 100%
- Board
- 4 members
- Holdings
- 3
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 49 d early
Why 95- Sector Manufacture of food products (NACE 10)+ Founded in 1972+ Size: turnover €173.8m, 127.2 FTE, total assets €144.8m, files consolidated accounts+ Equity €113.2m (78.2% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (NACE 10, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+3
equity 78.2% of total assets
Liquidity
48+5
short-term debt 19.8% · cash 3.1%
Profitability
66-1
return on assets 5.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 16 months
07-2025: 0.2%
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▼ -3.7% vs 01-2026
03-2026: 0.2%▲ +1.0% vs 02-2026
04-2026: 0.2%● 0.0% vs 03-2026
05-2026: 0.2%▲ +3.8% vs 04-2026
06-2026: 0.2%▲ +2.3% vs 05-2026highest value
07-2026: 0.1%▼ -48.0% vs 06-2026lowest value
08-2026: 0.1%● 0.0% vs 07-2026lowest value
09-2026: 0.1%● 0.0% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- Founded in 1972 lowers the probability for this profile
- Sector Manufacture of food products (NACE 10) raises the probability
- Size: turnover €173.8m, 127.2 FTE, total assets €144.8m, files consolidated accounts lowers the probability for this profile
- Equity €113.2m (78.2% of total assets) lowers the probability
Credit up to €10,750,000 at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.53 in 2024; short-term debt: 19.8% and cash: 3.1% of total assets), and 21.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, medium-sized). Better than this share of them on solvency 95%, liquidity 71%, profitability 46%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
49 d early
2024
41 d early
2023
1 d early
2022
57 d late
2021
3 d early
2020
16 d late
2019
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2025 · consolidated
- Highest result since 2018net €7.6m ▲21.9%
Key points
- Positive: Among the best 5% on net resultsector median €135,448 · 720 companies €7.6m View
- Equity rose in 2025merger with Nuscience Group ▲ 75.3% View
- Controlled by NUSCIENCE GROUPultimately: Agrifirm Group 100% View
- Positive: 7 profitable years in a rowprofit 2025: €7.6m 7 years View
- Board changedlatest change 14-11-2025 · 4 in office 1 joined · 1 left View
- Active since 1972founded 20-10-1972 53 years View
By topic
Board & ownership
- Board
- 4 members
- Parent
- NUSCIENCE GROUP · 100%
- Auditor
- Ernst et Young Reviseurs…
Go to Board & ownership
Network & group
- Group
- Agrifirm Group
- Subsidiaries
- 3
- Connected companies
- 4
- Mergers and contributions
- 2
3 subsidiaries
Timeline
- Events
- 47
- Since
- 2002
- Next accounts
- by 31-07-2027
- 12-06-2026Annual accounts filed
- 12-06-2026Annual accounts filed
- 31-12-2025Highest result since 2018
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Manufacture of food productsNACE 10910
- Founded
- 20-10-1972
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De vennootschap heeft tot voorwerp, in België en in het buitenland, zowel voor eigen…
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