Financials
Financial year 2024
NUTREX from Olen, company number BE0455467557, closed financial year 2024 with a result of € 2 million after tax. For that financial year NUTREX recorded revenue of € 38.2 million and equity of € 8.6 million. Compared with financial year 2023, the result moved from € 1.4 million to € 2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2025.
€ 8.6 million
▼ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 39% vs 2023
Profit after tax over the fiscal year.
€ 581,468
▼ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 3.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
10
▲ 3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 838,542
▲ 47% vs 2023
€ 83,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,937
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2.4 million
▼ 18% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 84,192
▼ 3% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 30,377,832 | € 27,595,278 | € 31,597,211 | € 38,165,371 | ▲ 21% |
| Profit after taxes | € 1,688,218 | € 1,073,637 | € 1,441,914 | € 2,004,661 | ▲ 39% |
| Equity | € 7,534,975 | € 8,476,611 | € 9,738,525 | € 8,563,186 | ▼ 12% |
| Total debts | € 6,444,341 | € 4,037,630 | € 3,366,688 | € 2,801,443 | ▼ 17% |
| Cash | € 1,639,603 | € 1,241,176 | € 1,381,102 | € 581,468 | ▼ 58% |
| Land & buildings | € 23,398 | € 21,030 | € 18,663 | € 16,295 | ▼ 13% |
| Retained profit | € 7,348,975 | € 8,290,611 | € 9,552,525 | € 8,377,186 | ▼ 12% |
| Dividend | € 0 | € 132,000 | € 180,000 | € 3,180,000 | ▲ € 3 million |
| Balance sheet total | € 13,979,315 | € 12,514,241 | € 13,105,213 | € 11,364,630 | ▼ 13% |
| Employees (FTE) | 8 | 7.1 | 7 | 10 | ▲ 3 |
Key figures of NUTREX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NUTREX?
What happened at NUTREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marnutec BV stepped down as director. NBB
- Kuge Invest NV stepped down as director. NBB
- Saprofi BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 2 million (▲ 39% vs 2023). filed late Source: NBB ↗
- Marnutec BV became a director. NBB
- Kuge Invest NV became a director. NBB
- Saprofi BV became a director. NBB
- New establishment in Olen. KBO
In short
From € 1.7 million profit in 2021 to € 2 million profit in 2024.
Paid € 1.7 million in corporate taxes since 2021.
Best year ever: 2024, with € 2 million profit.
Paid out € 3.5 million in dividends to the owners in total.
Management
The stake of Kuge Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NUTREXThe shares are held by Kuge Invest (99%).
Directors
According to the 2024 annual accounts
Managing director · represented by Kurt Van De Mierop
Also active at: Kuge Invest, Berkimmo - Invest, EMKU
since 2024 · until 2030
Managing director · represented by Van De Mierop Leo
Also active at: Berkimmo - Invest, EMKU
since 2024 · until 2030
Managing director · represented by Geert Van De Mierop
Also active at: Kuge Invest, Berkimmo - Invest, EMKU
since 2024 · until 2030
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoogbuul 24
2250 Olen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.467.557
- VAT number
- BE 0455.467.557
- Registered office
- Hoogbuul 24, 2250 Olen
- Names & denominations
- NUTREX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1995
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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Vervaardiging van veevoeders
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Vervaardiging van maalderijproducten
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Groothandel in veevoeders