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NutriTech

Active
Private limited company (pre-2019)founded 200224 yrs activePollaertstraat(W) 10, 8600 Diksmuide, BelgiumKBO/BCE: BE 0478.296.112
Summary

The computed 12-month bankruptcy probability of NutriTech is 1.6% (moderate). For NutriTech, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€457,933) and a net result of -€3,089. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 15220 sector peers (fiscal year 2023). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability6▲+6
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Return on assets
-23.7%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-09-2025, 412 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
412 d late
2022
492 d late
2021
715 d late
2020
516 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 447 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 September 2002, NutriTech was incorporated.1 Total assets went from EUR 55,533 in 2018 to EUR 13,040 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€457,933▼ 0.7%
2022 · -€454,844
Total assets
€13,040▲ 5.0%
2022 · €12,417
Net result
-€3,089▲ 82.6%
2022 · -€17,701
Working capital
-€460,922▼ 0.6%
2022 · -€458,266
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€14,816▲ 37.5%-€21,686▼ 46.4%-€23,383▼ 7.8%-€10,525▲ 55.0%€5,031
Net result-€19,468▲ 29.4%-€28,619▼ 47.0%-€29,668▼ 3.7%-€17,701▲ 40.3%-€3,089▲ 82.6%
Equity-€378,855▼ 5.4%-€407,475▼ 7.6%-€437,143▼ 7.3%-€454,844▼ 4.0%-€457,933▼ 0.7%
Total assets€57,941▲ 4.3%€53,649▼ 7.4%€12,439▼ 76.8%€12,417▼ 0.2%€13,040▲ 5.0%
Debt€436,797▲ 5.3%€461,124▲ 5.6%€449,582▼ 2.5%€467,261▲ 3.9%€470,973▲ 0.8%
Working capital-€383,346▼ 4.9%-€411,017▼ 7.2%-€440,997▼ 7.3%-€458,266▼ 3.9%-€460,922▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2019: -€14,816-€14,816Net result 2019: -€19,468-€19,468Operating result 2020: -€21,686-€21,686Net result 2020: -€28,619-€28,619Operating result 2021: -€23,383-€23,383Net result 2021: -€29,668-€29,668Operating result 2022: -€10,525-€10,525Net result 2022: -€17,701-€17,701Operating result 2023: €5,031€5,031Net result 2023: -€3,089-€3,08920192020202120222023-€30,000-€20,000-€10,000€0€10,000Operating result 2021: -€23,383-€23,400Net result 2021: -€29,668-€29,700Operating result 2022: -€10,525-€10,500Net result 2022: -€17,701-€17,700Operating result 2023: €5,031€5,030Net result 2023: -€3,089-€3,090202120222023
The operating result returns to profit in 2023: €5,031 after a loss of €10,525 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €13,040
Fixed assets €2,989 ▼ 12.6%
Current assets €10,050 ▲ 11.7%
Key figures and ratios
2023 value · change against 2022
EBITDA
€5,463▲
2022 · -€10,092
Cash flow
-€2,656▲
2022 · -€17,269
Current ratio
0.02▲
2022 · 0.02
Debt to equity
-1.03▼
2022 · -1.03
ROA
-23.7%▲
2022 · -142.6%
Interest coverage
0.67▲
2022 · -1.41
Debt ≤ 1 year
€470,973▲
2022 · €467,261
A ratio outside any meaningful range has been withheld (balance sheet total €13,040, equity -€457,933).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 35 lines
Balance sheet Code20222023
Assets
Total assets20/58€12,417€13,040▲
Fixed assets21/28€3,422€2,989▼
Tangible fixed assets22/27€2,162€1,729▼
Other tangible fixed assets26€2,162€1,729▼
Financial fixed assets28€1,260€1,260=
Current assets29/58€8,995€10,050▲
Amounts receivable within one year40/41€8,927€9,274▲
Trade receivables40€8,232€8,232=
Other amounts receivable41€695€1,042▲
Cash at bank and in hand54/58€67€776▲
Equity and liabilities
Total equity and liabilities10/49€12,417€13,040▲
Equity10/15-€454,844-€457,933▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€473,444-€476,533▼
Amounts payable17/49€467,261€470,973▲
Amounts payable within one year42/48€467,261€470,973▲
Financial debts43€0€0▲
Credit institutions430/8€0€0▲
Trade debts44€19,035€20,990▲
Suppliers440/4€19,035€20,990▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€448,226€449,982▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€432€432=
Other operating charges640/8€730€639▼
Non-recurring operating charges66A€0-
Gross operating margin9900-€9,363€6,103▲
Operating profit (loss)9901-€10,525€5,031▲
Financial charges65/66B€7,177€8,120▲
Recurring financial charges65€7,177€8,120▲
Profit (loss) for the period before taxes9903-€17,701-€3,089▲
Profit (loss) for the period9904-€17,701-€3,089▲
Profit (loss) for the period to be appropriated9905-€17,701-€3,089▲
Appropriation of the result
Profit (loss) to be appropriated9906-€473,444-€476,533▼
Profit (loss) brought forward from the previous period14P-€455,743-€473,444▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,650€948€948€432€432=
Other operating charges640/8-€1,170€789€730€639▼ 12.3%
Non-recurring operating charges66A--€26,151€0--
Gross operating margin9900-€11,662-€19,567€4,504-€9,363€6,103▲ 165%
Operating profit (loss)9901-€14,816-€21,686-€23,383-€10,525€5,031▲ 148%
Financial income75/76B-€0€0---
Recurring financial income75-€0€0---
Financial charges65/66B-€6,934€6,285€7,177€8,120▲ 13.1%
Recurring financial charges65€4,652€6,934€6,285€7,177€8,120▲ 13.1%
Profit (loss) for the period before taxes9903-€19,468-€28,619-€29,668-€17,701-€3,089▲ 82.6%
Profit (loss) for the period9904-€19,468-€28,619-€29,668-€17,701-€3,089▲ 82.6%
Profit (loss) for the period to be appropriated9905-€19,468-€28,619-€29,668-€17,701-€3,089▲ 82.6%
Line20192020202120222023Change
Assets
Total assets20/58€57,941€53,649€12,439€12,417€13,040▲ 5.0%
Fixed assets21/28€4,490€3,542€3,854€3,422€2,989▼ 12.6%
Tangible fixed assets22/27€4,490€3,542€2,594€2,162€1,729▼ 20.0%
Furniture and vehicles24-€516€0---
Other tangible fixed assets26-€3,027€2,594€2,162€1,729▼ 20.0%
Financial fixed assets28--€1,260€1,260€1,260=
Current assets29/58€53,451€50,107€8,585€8,995€10,050▲ 11.7%
Amounts receivable within one year40/41€53,416€50,085€8,232€8,927€9,274▲ 3.9%
Trade receivables40-€7,536€8,232€8,232€8,232=
Other amounts receivable41-€42,550€0€695€1,042▲ 49.9%
Cash at bank and in hand54/58€35€21€352€67€776▲ 1,052%
Equity and liabilities
Total equity and liabilities10/49€57,941€53,649€12,439€12,417€13,040▲ 5.0%
Equity10/15-€378,855-€407,475-€437,143-€454,844-€457,933▼ 0.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€397,455-€426,075-€455,743-€473,444-€476,533▼ 0.7%
Amounts payable17/49€436,797€461,124€449,582€467,261€470,973▲ 0.8%
Amounts payable within one year42/48€436,797€461,124€449,582€467,261€470,973▲ 0.8%
Financial debts43-€16€0€0€0▲ 13.3%
Credit institutions430/8-€16€0€0€0▲ 13.3%
Trade debts44€35,499€35,858€18,642€19,035€20,990▲ 10.3%
Suppliers440/4-€35,858€18,642€19,035€20,990▲ 10.3%
Advances received on contracts in progress46-€0----
Taxes, remuneration and social security45--€318€0--
Taxes450/3--€318€0--
Other amounts payable47/48-€425,250€430,622€448,226€449,982▲ 0.4%
Line20192020202120222023Change
Profit (loss) for the period9904-€19,468-€28,619-€29,668-€17,701-€3,089▲ 82.6%
+ Depreciation and write-downs630€1,650€948€948€432€432=
Operating cash flow (approximation)-€17,819-€27,671-€28,720-€17,269-€2,656▲ 84.6%
Investment in fixed assets (approximation)-€0-€1,260€0€0-
Change in cash--€14€331-€285€709▲ 349%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 412 days late
2024
04-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 492 days late
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 715 days late
2022
29-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 516 days late
2021
31-12
Financial Weakest financial yearnet -€29,668
Net result drops to -€29,668, the lowest in the series; recovery starts the following year.
2020
06-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
16-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
15-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Diksmuide · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
5,607 m²
Building footprint
133 m²
Volume, LiDAR
733 m³
Parcel 32026D0257/00L000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WILLEM VAN DER BAUWHEDE
Pollaertstraat(W) 10, 8600 DiksmuideRaising of dairy cattle
since 20022.131.438.606
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32026D0257/00L000 Flanders 5,607 m² 1 · 133 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 697 companies in sector 46392 we hold annual accounts for 484. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46392Non-specialised wholesale
E-invoicing
Reachable via Peppol
Peppol ID 9925:BE0478296112
Registered 07-07-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.