While energy intake and energy expenditure have long been studied independently, the alarming progression of obesity has led to a more integrative approach of energy balance considering their potential interactions. Since Mayer and Edholm in the fifties who first questioned the relationship between daily energy expenditure and daily energy intake, there has been a growing interest to better understand how daily activities (physical activities and sedentary behaviors) can alter food intake and appetite, and to identify the potential involved mechanisms. We will first review and summarize the available results regarding the effect of physical exercise on energy intake and appetite control, trying to identify the physiological and neurocognitive signals and pathways involved. Although most of the available evidence concerns acute exercise, we will also discuss the nutritional adaptations to chronic physical activity. Secondly, we will question whether these pathways and nutritional responses are specific to exercise, or if similar adaptations are observed in response to iso-caloric energy deficits induced by dietary restrictions. Overall, this presentation will give an overview of the compensatory mechanisms to exercise and physical activity that control and determine our energy balance.