Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 14.5 to 12.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
GARDEN CENTER OLEN from Olen, company number BE0419253893, closed financial year 2025 with a result of € -537,621 after tax. For that financial year GARDEN CENTER OLEN recorded a gross margin of € 21,595 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -477,970 to € -537,621. The company made a loss. 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 July 8, 2026.
€ 1.2 million
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -537,621
▼ 12 % more loss than in 2024
Profit after tax over the fiscal year.
€ 334,405
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
12
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 494,015
▼ 14% vs 2024
€ 41,200 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.
€ 12,065
▲ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 533,071
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,427
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,398 | € 490,002 | € 272,249 | € 21,595 | ▼ 92% |
| Profit after taxes | € -585,861 | € -243,433 | € -477,970 | € -537,621 | ▼ € 59,651 |
| Equity | € 2,506,677 | € 2,263,243 | € 1,785,273 | € 1,247,652 | ▼ 30% |
| Total debts | € 1,220,391 | € 1,617,540 | € 701,038 | € 684,180 | ▼ 2% |
| Cash | € 244,307 | € 347,567 | € 323,064 | € 334,405 | ▲ 4% |
| Retained profit | € 2,386,356 | € 2,142,923 | € 1,664,952 | € 1,127,331 | ▼ 32% |
| Balance sheet total | € 3,727,068 | € 3,880,783 | € 2,486,311 | € 1,931,831 | ▼ 22% |
| Employees (FTE) | 15 | 14.5 | 12.7 | 12 | ▼ 0.7 |
Key figures of GARDEN CENTER OLEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GARDEN CENTER OLEN?
What happened at GARDEN CENTER OLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Carl LIEKENS stepped down as director. NBB
- PENTAHOLD NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 537,621. Source: NBB ↗
- SNUGGLES & DREAMS BV became a director. NBB
- D&P Retail Solutions BV stepped down as director. NBB
- D&P Retail Solutions BV became a director. NBB
- Carl LIEKENS became a director. NBB
- PENTAHOLD NV became a director. NBB
In short
From € 585,861 loss in 2022 to € 537,621 loss in 2025.
Paid € 821 in corporate taxes since 2022.
On average € 1,800 of value added per employee in 2025.
Management
Behind GARDEN CENTER OLEN is SNUGGLES & DREAMS BV. The shares are held by Garden Center Holding NV (100%).
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Philippe De Coninck
Also active at: Garden Center Aarschot, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GARDEN CENTER HOLDING, BLOEMENLAND, Garden Center Naninne, GILTAM, GARDEN CENTER TOURNAI, PELCKMANS TURNHOUT +9 more
since 2025
Carl LIEKENS
Director
Also active at: VERIAC, Garden Center Aarschot, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GOLDIE, GARDEN CENTER HOLDING, BLOEMENLAND, GARDEN CENTER LIFESTYLE, Garden Center Naninne +20 more
since 2023 · until 2029
Director · represented by Karel GIELEN
Owns 40.7% via Garden Center Holding NV
Also active at: Garden Center Aarschot, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GOLDIE, GARDEN CENTER HOLDING, BLOEMENLAND, GARDEN CENTER LIFESTYLE, Garden Center Naninne, GILTAM +15 more
since 2023 · until 2029
Persoon belast met dagelijks bestuur · represented by Alain Hellebaut
Also active at: Garden Center Aarschot, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GARDEN CENTER HOLDING, BLOEMENLAND, Garden Center Naninne, GILTAM, GARDEN CENTER TOURNAI, PELCKMANS TURNHOUT +9 more
since 2023 · until 2025
Shareholders
Garden Center Holding NV · holding of PENTAHOLD NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Doffen 75
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.253.893
- VAT number
- BE 0419.253.893
- Registered office
- Doffen 75, 2250 Olen
- Names & denominations
- GARDEN CENTER OLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1979
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen
Landschapsverzorging
Vervaardiging van andere meubelen, neg
Vervaardiging van tuin- en terrasmeubelen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken