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Nuscience Belgium

Active
Public limited companyfounded 1972active for 54 yearsBooiebos 5, 9031 Gent, BelgiumKBO/BCE: BE 0412.718.370
Summary

Nuscience Belgium has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113.2m and a net result of €7.6m. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 88% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Nuscience BelgiumActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of food products
NACE 10910
8th largest company by equity in East Flanders, Food products sector2 sites
Size
€173.8mturnover 2025
Staff
127.2 FTE
Equity
€113.2m
Profit
€7.6m
Equity +75%: mergerStandalone figures, without subsidiaries
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Agrifirm International B.V. · 100%
Holdings
10
Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 49 days early
Why 95raises riskSector: Manufacture of food products (NACE 10)lowers riskFounded in 1972Size: turnover €173.8m, 127.2 FTE, total assets €144.8m, files consolidated accountsEquity €113.2m (78.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 10, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 78.2% of total assets
Liquidity 48+5
short-term debt 19.8% · cash 3.1%
Profitability 66-1
return on assets 5.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 11-2024: 0.3%highest value 12-2024: 0.3%● unchanged vs 11-2024highest value 01-2025: 0.3%● unchanged vs 12-2024highest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €10,750,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.77, compared with 2.53 in 2024, above the usual 1.5; short-term debt: 19.8% and cash: 3.1% of total assets), and 21.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 10, medium-sized): better than 94% on solvency, 71% on liquidity, 46% on profitability and 74% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1972
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Size: turnover €173.8m, 127.2 FTE, total assets €144.8m, files consolidated accounts
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €113.2m (78.2% of total assets)
NBB · annual accounts
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 12-06-2026, 49 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
49 days early
2024
41 days early
2023
1 day early
2022
57 days late
2021
3 days early
2020
16 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% 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 28 July (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2025 · consolidated
  3. Highest result from 2018 to 2025net €7.6m ▲21.9%

Key points

  • Positive: Among the best 5% on equitysector median €2.1m · 788 companies €113.2m View
  • Equity rose in 2025merger with Nuscience Group ▲ 75.3% View
  • Controlled by Agrifirm International B.V.ultimately: Agrifirm Group 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €7.6m 7 years View
  • Board changedlatest change 01-12-2025 · 3 in office 1 joined · 1 left View
  • Active since 1972founded 20-10-1972 54 years View

By topic

Financials

Financial year
2025
Turnover
€173.8m
Profit
€7.6m
Solvency
78.2%
Turnover▲ 4.7%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Agrifirm International B.V. · 100%
Auditor
Ernst et Young Reviseurs…
  • Philippe van TroostDaily manager
  • Lextra BVDirector
  • Bastiaan Jan Van DrielDirector
Go to Board & ownership

Network & group

Group
Agrifirm Group
Subsidiaries, all levels
12
Direct holdings
10
Connected companies
8

12 subsidiaries

Go to Network & group

Timeline

Events
90
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €100m
  2. 01-12-2025Resignation: Jolanda van Haarlem (director)
  3. 01-12-2025Capital & shares
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of food productsNACE 10910
Founded
20-10-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
7
Annual meeting
Fourth Saturday of May
Purpose
“De vennootschap heeft tot voorwerp, in België en in het buitenland, zowel voor eigen…” (deed in Dutch)
Go to Articles of association

Key facts about Nuscience Belgium

What is the company number of Nuscience Belgium?
0412.718.370. In Belgium the VAT number is the company number with BE in front: BE 0412.718.370.
Where is Nuscience Belgium based?
The registered office is at Booiebos 5, 9031 Gent.Company details
What does Nuscience Belgium do?
According to the KBO register, the main activity is manufacture of food products (NACE 10910).
What is the legal form of Nuscience Belgium?
Public limited company (NV).
When was Nuscience Belgium founded?
On 20-10-1972.
Is Nuscience Belgium still active?
Yes, Nuscience Belgium is an active enterprise in the KBO register.
How many employees does Nuscience Belgium have?
On average 127.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Nuscience Belgium?
€173.8m in financial year 2025, according to the filed annual accounts.
Is Nuscience Belgium profitable?
In financial year 2025, Nuscience Belgium made a profit of €7.6m.
Where can I find the annual accounts of Nuscience Belgium?
Nuscience Belgium filed 53 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Nuscience Belgium due?
By 31-07-2027, for financial year 2026.Timeline

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