NUTREX: what changed
What changed
NUTREX
NACE 10.910, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€2.0m
2023 · €1.4m+€562,747
Equity
€8.6m
2023 · €9.7m-€1.2m
Cash
€581,468
2023 · €1.4m-€799,634
Balance sheet total
€11.4m
2023 · €13.1m-€1.7m
Largest movements
Assets
- Cash -€799,634
down €799,634 (-57.9%), from €1.4m to €581,468
mainly Contributions, distributions and other (-€3.2m) and Trade debts (-€517,467)
- Tangible fixed assets -€641,414
down €641,414 (-13.2%), from €4.9m to €4.2m
of which Plant, machinery and equipment: -€636,250
- Receivables within one year -€322,097
down €322,097 (-6.2%), from €5.2m to €4.8m
of which Trade receivables: -€433,506
Equity and liabilities
- Reserves -€1.2m
down €1.2m (-12.3%), from €9.6m to €8.4m
of which Distributable reserves: -€1.2m
- Trade debts -€517,467
down €517,467 (-17.6%), from €2.9m to €2.4m
Income statement
- Turnover +€6.6m
up €6.6m (+20.8%), from €31.6m to €38.2m
- Goods and materials +€5.5m
up €5.5m (+22.6%), from €24.4m to €29.9m
of which Purchases: +€6.4m
- Services and other goods +€421,042
up €421,042 (+10.6%), from €4.0m to €4.4m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€1.4m
Turnover
+€6.6m
Other operating income
+€197,067
Goods and materials
-€5.5m
Services and other goods
-€421,042
Staff costs
-€268,271
Depreciation
-€14,731
Write-downs
+€105,369
Other operating charges
+€1,264
Financial income
+€9,998
Financial charges
+€7,895
Taxes
-€118,023
Result 2024
€2.0m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.6m
Investment
-€175,659
Financing
-€3.2m
Cash 2023
€1.4m
From operations (derived)
+€2.6m
Net result for the year
+€2.0m
Depreciation
+€838,513
Smaller working-capital items
-€7,886
Receivables within one year
+€322,097
Deferred charges and accrued income
-€38,334
Trade debts
-€517,467
Accrued charges and deferred income
-€45,560
Investment (derived)
-€175,659
Investment in fixed assets (net)
-€175,659
Financing
-€3.2m
Contributions, distributions and other
-€3.2m
Cash 2024
€581,468
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,105,213 | €11,364,630 | -€1.7m | -13.3% |
| Fixed assets | 21/28 | €4,892,213 | €4,229,359 | -€662,854 | -13.5% |
| Intangible fixed assets | 21 | €39,815 | €18,376 | -€21,440 | -53.8% |
| Tangible fixed assets | 22/27 | €4,852,398 | €4,210,983 | -€641,414 | -13.2% |
| Land and buildings | 22 | €18,663 | €16,295 | -€2,368 | -12.7% |
| Plant, machinery and equipment | 23 | €4,814,001 | €4,177,751 | -€636,250 | -13.2% |
| Furniture and vehicles | 24 | €19,734 | €16,937 | -€2,797 | -14.2% |
| Current assets | 29/58 | €8,213,000 | €7,135,270 | -€1.1m | -13.1% |
| Stocks and contracts in progress | 3 | €1,612,336 | €1,618,004 | +€5,668 | +0.4% |
| Stocks | 30/36 | €1,612,336 | €1,618,004 | +€5,668 | +0.4% |
| Goods purchased for resale | 34 | €1,612,336 | €1,618,004 | +€5,668 | +0.4% |
| Amounts receivable within one year | 40/41 | €5,156,920 | €4,834,823 | -€322,097 | -6.2% |
| Trade receivables | 40 | €5,120,508 | €4,687,002 | -€433,506 | -8.5% |
| Other amounts receivable | 41 | €36,412 | €147,820 | +€111,408 | +306% |
| Cash at bank and in hand | 54/58 | €1,381,102 | €581,468 | -€799,634 | -57.9% |
| Deferred charges and accrued income | 490/1 | €62,642 | €100,976 | +€38,334 | +61.2% |
| Total equity and liabilities | 10/49 | €13,105,213 | €11,364,630 | -€1.7m | -13.3% |
| Equity | 10/15 | €9,738,525 | €8,563,186 | -€1.2m | -12.1% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €9,552,525 | €8,377,186 | -€1.2m | -12.3% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Distributable reserves | 133 | €9,533,925 | €8,358,586 | -€1.2m | -12.3% |
| Amounts payable | 17/49 | €3,366,688 | €2,801,443 | -€565,245 | -16.8% |
| Amounts payable within one year | 42/48 | €3,203,038 | €2,683,353 | -€519,685 | -16.2% |
| Trade debts | 44 | €2,936,627 | €2,419,161 | -€517,467 | -17.6% |
| Suppliers | 440/4 | €2,936,627 | €2,419,161 | -€517,467 | -17.6% |
| Taxes, remuneration and social security | 45 | €86,411 | €84,192 | -€2,218 | -2.6% |
| Taxes | 450/3 | €30,500 | - | -€30,500 | |
| Remuneration and social security | 454/9 | €55,911 | €84,192 | +€28,282 | +50.6% |
| Other amounts payable | 47/48 | €180,000 | €180,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €163,650 | €118,090 | -€45,560 | -27.8% |
| Operating income | 70/76A | €31,692,156 | €38,457,383 | +€6.8m | +21.3% |
| Turnover | 70 | €31,597,211 | €38,165,371 | +€6.6m | +20.8% |
| Other operating income | 74 | €94,945 | €292,012 | +€197,067 | +208% |
| Operating charges | 60/66A | €29,782,937 | €35,885,287 | +€6.1m | +20.5% |
| Goods for resale, raw materials and consumables | 60 | €24,356,778 | €29,861,717 | +€5.5m | +22.6% |
| Purchases | 600/8 | €23,512,260 | €29,865,726 | +€6.4m | +27.0% |
| Change in stocks: decrease (increase) | 609 | €844,517 | -€4,009 | -€848,527 | |
| Services and other goods | 61 | €3,966,013 | €4,387,055 | +€421,042 | +10.6% |
| Remuneration, social security and pensions | 62 | €570,271 | €838,542 | +€268,271 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €823,782 | €838,513 | +€14,731 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €53,711 | -€51,658 | -€105,369 | |
| Other operating charges | 640/8 | €12,382 | €11,118 | -€1,264 | -10.2% |
| Operating profit (loss) | 9901 | €1,909,219 | €2,572,096 | +€662,877 | +34.7% |
| Financial income | 75/76B | €23,832 | €33,830 | +€9,998 | +42.0% |
| Recurring financial income | 75 | €23,832 | €33,830 | +€9,998 | +42.0% |
| Income from current assets | 751 | €1,823 | €4,693 | +€2,870 | +157% |
| Other financial income | 752/9 | €22,009 | €29,138 | +€7,129 | +32.4% |
| Financial charges | 65/66B | €60,115 | €52,220 | -€7,895 | -13.1% |
| Recurring financial charges | 65 | €60,115 | €52,220 | -€7,895 | -13.1% |
| Debt charges | 650 | €34,708 | €2,726 | -€31,982 | -92.1% |
| Other financial charges | 652/9 | €25,407 | €49,494 | +€24,087 | +94.8% |
| Profit (loss) for the period before taxes | 9903 | €1,872,936 | €2,553,707 | +€680,770 | +36.3% |
| Income taxes | 67/77 | €431,022 | €549,046 | +€118,023 | +27.4% |
| Taxes | 670/3 | €431,047 | €549,108 | +€118,061 | +27.4% |
| Tax adjustments and reversals of tax provisions | 77 | €25 | €62 | +€37 | +152% |
| Profit (loss) for the period | 9904 | €1,441,914 | €2,004,661 | +€562,747 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,441,914 | €2,004,661 | +€562,747 | +39.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.