NUTRIKA
ActiveSummary
NUTRIKA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €476k and a net result of €104k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 804 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+3
Solvency41▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.39 in 2024; short-term debt: 46.9% and cash: 6.3% of total assets), and 84.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.5%
Return on assets
3.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
122 d early
2023
6 d early
2022
23 d late
2021
40 d early
2020
40 d late
2019
61 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€476k▲ 0.3%
2024 · €475k
2018: €132klowest in 8 years
2019: €306k▲ +131% vs 2018
2020: €453k▲ +47.9% vs 2019
2021: €433k▼ -4.4% vs 2020
2022: €543k▲ +25.5% vs 2021
2023: €583k▲ +7.3% vs 2022highest in 8 years
2024: €475k▼ -18.6% vs 2023
2025: €476k▲ +0.3% vs 2024
2018 → 2025
Total assets
€3.07M▲ 41.1%
2024 · €2.17M
2018: €1.85M
2019: €1.76M▼ -5.0% vs 2018
2020: €1.73M▼ -1.6% vs 2019
2021: €1.68M▼ -2.9% vs 2020lowest in 8 years
2022: €1.77M▲ +5.4% vs 2021
2023: €2.06M▲ +16.1% vs 2022
2024: €2.17M▲ +5.5% vs 2023
2025: €3.07M▲ +41.1% vs 2024highest in 8 years
2018 → 2025
Net result
€104k▲ 59.2%
2024 · €65k
2018: €37k
2019: €175k▲ +370% vs 2018highest in 8 years
2020: €148k▼ -15.5% vs 2019
2021: €-20k▼ -113% vs 2020lowest in 8 years
2022: €112k▲ +661% vs 2021
2023: €42k▼ -63.0% vs 2022
2024: €65k▲ +57.3% vs 2023
2025: €104k▲ +59.2% vs 2024
2018 → 2025
Working capital
€536k▼ 8.3%
2024 · €584k
2018: €345klowest in 8 years
2019: €488k▲ +41.5% vs 2018
2020: €616k▲ +26.3% vs 2019
2021: €573k▼ -7.0% vs 2020
2022: €655k▲ +14.3% vs 2021highest in 8 years
2023: €640k▼ -2.3% vs 2022
2024: €584k▼ -8.7% vs 2023
2025: €536k▼ -8.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€433k-€543k▲ 25.5%€583k▲ 7.3%€475k▼ 18.6%€476k▲ 0.3%
2021: €433klowest in 5 years
2022: €543k▲ +25.5% vs 2021
2023: €583k▲ +7.3% vs 2022highest in 5 years
2024: €475k▼ -18.6% vs 2023
2025: €476k▲ +0.3% vs 2024
Operating result€34k-€226k▲ 561%€137k▼ 39.5%€183k▲ 34.0%€244k▲ 33.0%
2021: €34klowest in 5 years
2022: €226k▲ +561% vs 2021
2023: €137k▼ -39.5% vs 2022
2024: €183k▲ +34.0% vs 2023
2025: €244k▲ +33.0% vs 2024highest in 5 years
Net result€-20k-€112k€42k▼ 63.0%€65k▲ 57.3%€104k▲ 59.2%
2021: €-20klowest in 5 years
2022: €112k▲ +661% vs 2021highest in 5 years
2023: €42k▼ -63.0% vs 2022
2024: €65k▲ +57.3% vs 2023
2025: €104k▲ +59.2% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.07M
Fixed assets
€1.09M ▲ 894%
Current assets
€1.97M ▼ 4.3%
Equity and liabilities €3.07M
Equity
€476k ▲ 0.3%
Debt
€2.59M ▲ 52.5%
Debt's share of the balance-sheet total rises from 78.1% to 84.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€305k▲
2024 · €212k
Cash flow
€165k▲
2024 · €94k
Current ratio
1.37▼
2024 · 1.39
Quick ratio
0.91▲
2024 · 0.87
Debt to equity
5.43▲
2024 · 3.58
ROE
21.8%▲
2024 · 13.8%
ROA
3.4%▲
2024 · 3.0%
Interest coverage
2.56▲
2024 · 2.25
Debt ≤ 1 year
€1.44M▼
2024 · €1.48M
Debt > 1 year
€1.15M▲
2024 · €219k
Income taxes
€21k▼
2024 · €30k
Staff costs
€208k▼
2024 · €245k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.17M€3.07M▲
Fixed assets21/28€110k€1.09M▲
Intangible fixed assets21€842€50k▲
Tangible fixed assets22/27€101k€1.03M▲
Land and buildings22-€936k
Plant, machinery and equipment23€52k€53k▲
Furniture and vehicles24€34k€23k▼
Other tangible fixed assets26€15k€20k▲
Financial fixed assets28€8k€8k▲
Current assets29/58€2.06M€1.97M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€776k€669k▼
Stocks30/36€776k€669k▼
Amounts receivable within one year40/41€1.02M€1.10M▲
Trade receivables40€918k€1.03M▲
Other amounts receivable41€106k€69k▼
Cash at bank and in hand54/58€249k€194k▼
Deferred charges and accrued income490/1€13k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.17M€3.07M▲
Equity10/15€475k€476k▲
Contributions10/11€100k€10k▼
Reserves13€375k€466k▲
Distributable reserves133€375k€466k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.70M€2.59M▲
Amounts payable after more than one year17€219k€1.15M▲
Financial debts170/4-€666k
Other amounts payable178/9€219k€483k▲
Amounts payable within one year42/48€1.48M€1.44M▼
Current portion of amounts payable after more than one year42€0€50k▲
Financial debts43€310k€360k▲
Credit institutions430/8€300k€250k▼
Other loans439€10k€110k▲
Trade debts44€942k€952k▲
Suppliers440/4€942k€952k▲
Taxes, remuneration and social security45€46k€54k▲
Taxes450/3€9k€19k▲
Remuneration and social security454/9€36k€35k▼
Other amounts payable47/48€182k€22k▼
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€245k€208k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€61k▲
Other operating charges640/8€3k€7k▲
Non-recurring operating charges66A-€703
Gross operating margin9900€461k€520k▲
Operating profit (loss)9901€183k€244k▲
Financial income75/76B€7k€572▼
Recurring financial income75€7k€572▼
Financial charges65/66B€95k€119k▲
Recurring financial charges65€95k€119k▲
Profit (loss) for the period before taxes9903€96k€125k▲
Income taxes67/77€30k€21k▼
Profit (loss) for the period9904€65k€104k▲
Profit (loss) for the period to be appropriated9905€65k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€104k▲
Transfer from equity791/2€174k€12k▼
Transfer to equity691/2€65k€104k▲
To other reserves6921€65k€104k▲
Profit to be distributed694/7€174k€12k▼
Return on contributions (dividend)694€174k€12k▼
Social balance
Average headcount (FTE)90873.12.4▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €290k | €192k | €230k | €245k | €208k | ▼ 15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €14k | €24k | €29k | €61k | ▲ 109% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €89k | €27k | €0 | - | - | - |
| Other operating charges640/8 | €5k | €3k | €3k | €3k | €7k | ▲ 96.4% |
| Non-recurring operating charges66A | - | €2k | €0 | - | €703 | - |
| Gross operating margin9900 | €430k | €465k | €393k | €461k | €520k | ▲ 12.7% |
| Operating profit (loss)9901 | €34k | €226k | €137k | €183k | €244k | ▲ 33.0% |
| Financial income75/76B | €2k | €92 | €2k | €7k | €572 | ▼ 91.7% |
| Recurring financial income75 | €2k | €92 | €2k | €7k | €572 | ▼ 91.7% |
| Financial charges65/66B | €56k | €68k | €76k | €95k | €119k | ▲ 26.0% |
| Recurring financial charges65 | €56k | €68k | €76k | €95k | €119k | ▲ 26.0% |
| Profit (loss) for the period before taxes9903 | €-20k | €158k | €63k | €96k | €125k | ▲ 30.9% |
| Income taxes67/77 | €262 | €46k | €21k | €30k | €21k | ▼ 30.3% |
| Profit (loss) for the period9904 | €-20k | €112k | €42k | €65k | €104k | ▲ 59.2% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €112k | €42k | €65k | €104k | ▲ 59.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.68M | €1.77M | €2.06M | €2.17M | €3.07M | ▲ 41.1% |
| Fixed assets21/28 | €23k | €52k | €108k | €110k | €1.09M | ▲ 894% |
| Intangible fixed assets21 | €5k | €3k | €2k | €842 | €50k | ▲ 5,886% |
| Tangible fixed assets22/27 | €13k | €41k | €96k | €101k | €1.03M | ▲ 925% |
| Land and buildings22 | - | - | - | - | €936k | - |
| Plant, machinery and equipment23 | €384 | €10k | €43k | €52k | €53k | ▲ 1.4% |
| Furniture and vehicles24 | €3k | €30k | €43k | €34k | €23k | ▼ 30.8% |
| Leasing and similar rights25 | €10k | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | - | €10k | €15k | €20k | ▲ 36.1% |
| Financial fixed assets28 | €5k | €8k | €10k | €8k | €8k | ▲ 3.3% |
| Current assets29/58 | €1.66M | €1.72M | €1.95M | €2.06M | €1.97M | ▼ 4.3% |
| Amounts receivable after more than one year29 | - | - | €65k | €0 | - | - |
| Other amounts receivable291 | - | - | €65k | €0 | - | - |
| Stocks and contracts in progress3 | €394k | €454k | €547k | €776k | €669k | ▼ 13.8% |
| Stocks30/36 | €394k | €454k | €547k | €776k | €669k | ▼ 13.8% |
| Amounts receivable within one year40/41 | €902k | €1.05M | €1.06M | €1.02M | €1.10M | ▲ 7.6% |
| Trade receivables40 | €828k | €1.03M | €1.01M | €918k | €1.03M | ▲ 12.5% |
| Other amounts receivable41 | €74k | €27k | €44k | €106k | €69k | ▼ 34.8% |
| Cash at bank and in hand54/58 | €352k | €180k | €225k | €249k | €194k | ▼ 22.4% |
| Deferred charges and accrued income490/1 | €11k | €36k | €58k | €13k | €9k | ▼ 33.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.68M | €1.77M | €2.06M | €2.17M | €3.07M | ▲ 41.1% |
| Equity10/15 | €433k | €543k | €583k | €475k | €476k | ▲ 0.3% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €10k | ▼ 90.0% |
| Reserves13 | €333k | €443k | €483k | €375k | €466k | ▲ 24.4% |
| Non-distributable reserves130/1 | €6k | €6k | €0 | - | - | - |
| Reserves not available under the articles1311 | €6k | €6k | €0 | - | - | - |
| Distributable reserves133 | €327k | €438k | €483k | €375k | €466k | ▲ 24.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.25M | €1.23M | €1.48M | €1.70M | €2.59M | ▲ 52.5% |
| Amounts payable after more than one year17 | €163k | €163k | €163k | €219k | €1.15M | ▲ 425% |
| Financial debts170/4 | €0 | - | - | - | €666k | - |
| Other amounts payable178/9 | €163k | €163k | €163k | €219k | €483k | ▲ 121% |
| Amounts payable within one year42/48 | €1.09M | €1.07M | €1.31M | €1.48M | €1.44M | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | €8k | €339 | €339 | €0 | €50k | - |
| Financial debts43 | €16k | €200k | €360k | €310k | €360k | ▲ 16.2% |
| Credit institutions430/8 | €0 | €200k | €350k | €300k | €250k | ▼ 16.7% |
| Other loans439 | €16k | €0 | €10k | €10k | €110k | ▲ 1,045% |
| Trade debts44 | €989k | €830k | €880k | €942k | €952k | ▲ 1.1% |
| Suppliers440/4 | €989k | €830k | €880k | €942k | €952k | ▲ 1.1% |
| Taxes, remuneration and social security45 | €61k | €31k | €62k | €46k | €54k | ▲ 18.9% |
| Taxes450/3 | €6k | €12k | €14k | €9k | €19k | ▲ 103% |
| Remuneration and social security454/9 | €55k | €19k | €48k | €36k | €35k | ▼ 2.9% |
| Other amounts payable47/48 | €12k | €6k | €9k | €182k | €22k | ▼ 87.9% |
| Accrued charges and deferred income492/3 | €0 | - | €1k | €0 | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €112k | €42k | €65k | €104k | ▲ 59.2% |
| + Depreciation and write-downs630 | €12k | €14k | €24k | €29k | €61k | ▲ 109% |
| Operating cash flow (approximation) | €-8k | €126k | €65k | €94k | €165k | ▲ 74.6% |
| Investment in fixed assets (approximation) | - | €-43k | €-80k | €-31k | €-1.04M | ▼ 3,294% |
| Change in cash | - | €-173k | €45k | €25k | €-56k | ▼ 325% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
31-12
Financial
Back to profitnet €112k
Net result €112k after one loss-making year.
31-12
Financial
Equity above €500kEq €543k ▲25.5%
Equity rises from €433k to €543k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €175k ▲370%
Operating result €284k, net result €175k, both a record.
31-12
Financial
Equity above €200kEq €306k ▲131%
2 profitable years in a row build equity to €306k.
Show earlier events
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zulte · 3 establishment units since 2023
Ground area
2.5 ha
Building footprint
1.1 ha
Volume, LiDAR
15,927 m³
3 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
3 establishment units
Nutrika BV
since 20232.345.214.332
Nutrika BV
since 20252.371.934.862
Nutrika BV
since 20252.373.723.622
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0804/00P000 | Flanders | 1.0 ha | 1 · 4,030 m² | - |
| 44050A0804/00G000 | Flanders | 9,612 m² | 1 · 3,624 m² | 11.9 m · 2 fl. |
| 44050A0805/00A000 | Flanders | 5,408 m² | 1 · 2,939 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 6,451 EUR awarded · 6,451 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,183 EUR | 6,451 EUR |
| 2024 | 1 | 268 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Food safety, FASFC
3 sitesZulte2.345.214.332
Zulte2.373.723.622
Zulte2.371.934.862
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Of 182 companies in sector 10910 we hold annual accounts for 149. 95 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
10910Manufacture of food products
46212Wholesale trade
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.