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NUTRIPACK OLEN

Active Public limited companyfounded 1992active for 34 yearsIndustrielaan 1, 2250 OlenKBO/BCE: BE 0447.607.785 subsidiary of NUTRIPACK WAVRE

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1992
peak €2.7m (2023)
€1.9m▼ 6.0%
lowest -€342,569 (2015)
€155,118▼ 60.2%
peak €4.2m (2022)
€3.9m▲ 4.1%
€2.1m▲ 21.5%
peak 19.4 FTE (2019)
17.6 FTE▲ 3.5%
Board10 names since 2018
2 directorsImpact SAS and 1 other
Owners4 names in the annual accounts
consolidatesImpact SAS
Documentsfilings and deeds
22-06-202639 days before the deadline
2025financial year
Result from €389,579 to €155,118Debts from €1.7m to €2.1mInvestments €425,415Cash from €301,496 to €450,200

Key points

from the 2025 annual accounts

Equity

€3.9m ▲ 4.1%

NUTRIPACK OLEN has made a profit without a break since 2021.

Result

€155,118 ▼ 60.2%
€390,0002024€155,0002025

The result fell in 2025: different schema filed.

Turnover

≈ €3.3m estimated

The accounts state no turnover.

Investments

€430,079 2.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 134.7% higher than in 2024.

Staff

16 employees on 31-12-2025
222021212022562023862024472025

In 2025, 4 people joined and 7 left.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 3 to 47 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 56% of small companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 163 companies (NACE 22, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

90-4equity 65.5% of total assets
44=short-term debt 34.5% · cash 7.5%
72-6return on assets 2.6%

Score breakdown

raises risk
Sector: Manufacture of rubber and plastic products (NACE 22)
lowers risk
Founded in 1992
Equity €3.9m (65.5% of total assets)
Size: 17.6 FTE, total assets €6.0m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, small). It does better than 72% of them on solvency, 44% on liquidity, 56% on profitability and 51% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as NUTRIPACK OLEN has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of NUTRIPACK OLEN itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for NUTRIPACK OLEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €370,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.56 (2.94 in 2024), above the usual 1.5. Short-term debt is 34.5% and cash 7.5% of total assets. 34.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €3.9m (65.5% of total assets)
NBB · annual accounts
lowers risk · Size: 17.6 FTE, total assets €6.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of rubber and plastic products (NACE 22)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.9m
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
8 days early
2023
47 days early
2022
39 days early
2021
3 days early
2020
29 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

IS
Impact SAS
Chair, Philippe BERTHE
M
Daily manager, Jonathan QUENON
M
Manaineering
Director, since 24-04-2023
CV
Auditor, Laura Guarino
Board & ownership

Recent changes

Merger proposal: NUTRIPACK OLEN takes over NUTRIPACK WAVRE Permanent representatives: Philippe BERTHE and Jonathan QUENON · NUTRIPACK WAVRE holds 100% of the shares · NUTRIPACK WAVRE holds all the shares · Gazette deed
Appointment: Callens, Vandelanotte & Theunissen BV (statutory auditor) Permanent representative: Laura Guarino · NUTRIPACK WAVRE SA holds 1,999 shares · General meeting of 12-11-2024 · Gazette deed
Resignation: NOVIGA SRL (director) Permanent representative: Johan Verbert · Director discharge: NOVIGA SRL · General meeting of 24-05-2022 · Gazette deed
Appointment: MANAGINEERING SRL (day-to-day manager) NUTRIPACK WAVRE SA holds 1,999 shares · General meeting of 24-04-2023 · Gazette deed
All 61 events

Comparable companies

same main activity, similar in size and age
Company
NUTRIPACK OLEN Olen €6.0m €1.9m 65.5% 17.6
NEOPACK Aalst €7.0m €2.2m 12.7% 23.2
ALPAGRO PACKAGING Houthalen-Helchteren €6.3m €1.7m 79.0% 21
EXAM PACKAGING Grimbergen €4.7m €3.2m 49.5% 18.1
TWINPLAST Sint-Katelijne-Waver €2.0m €1.1m 69.7% 13.3
sealed air belgium Woluwe-Saint-Lambert €10.4m €3.3m 96.2% 11.5
SAC O2 Deinze €2.5m €1.4m 68.9% 10

These companies have the same main activity as NUTRIPACK OLEN: manufacture of rubber and plastic products (NACE 22220). They are comparable in size and age: total assets between €2m and €10m, founded between 1987 and 1998.

Official details

Source: KBO
Status
Active since 10-06-1992Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22220and 2 others
Joint committees
207White-collar workers in the chemical industry
116Chemical industry · annual accounts 2024
Establishment unit
2.014.935.2702250 Olen, since 16-07-1992
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€6.0m▲ 9.5%
Employeeson 31-12-2025
16▼ 15.8%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on NUTRIPACK OLEN

NUTRIPACK OLEN has existed since 1992. The gross margin grew from €406,360 in 2007 to €1.9m in 2025 and staff from 8.6 to 17.6 full-time equivalents.

NUTRIPACK WAVRE holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NUTRIPACK OLEN

What is the company number of NUTRIPACK OLEN?
The company number of NUTRIPACK OLEN is 0447.607.785. The VAT number is the same number with BE in front: BE 0447.607.785.
Where is NUTRIPACK OLEN based?
The registered office is at Industrielaan 1, 2250 Olen.Company details
What does NUTRIPACK OLEN do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22220).
What is the legal form of NUTRIPACK OLEN?
NUTRIPACK OLEN is a public limited company (NV).
When was NUTRIPACK OLEN founded?
NUTRIPACK OLEN was founded on 10-06-1992.
Is NUTRIPACK OLEN still active?
Yes, NUTRIPACK OLEN is an active enterprise in the KBO register.
How many employees does NUTRIPACK OLEN have?
NUTRIPACK OLEN had an average of 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does NUTRIPACK OLEN fall under?
In its 2024 annual accounts, NUTRIPACK OLEN states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
What is the turnover of NUTRIPACK OLEN?
The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.9m and 1,585 comparable companies of the same size. It probably lies between €2.2m and €5.4m. It is a rough estimate. In financial year 2021 turnover was €6.2m.
Is NUTRIPACK OLEN profitable?
In financial year 2025, NUTRIPACK OLEN made a profit of €155,118.
Where can I find the annual accounts of NUTRIPACK OLEN?
NUTRIPACK OLEN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NUTRIPACK OLEN due?
NUTRIPACK OLEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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