What does GARDENCENTER T do?

GARDENCENTER T is a wholesaler in Genk. Private Limited, started on 9 January 1989, 1 establishment.

What is the address of GARDENCENTER T?

The registered office of GARDENCENTER T is located at Vaartstraat 20, 3600 Genk.

Is GARDENCENTER T still active?

Yes. According to the CBE (31 October 2026) GARDENCENTER T is active, legal situation “Normale toestand”, started on 9 January 1989.

Is GARDENCENTER T registered on Peppol?

Yes, GARDENCENTER T is registered on the Peppol network with ID 0208:0436472086.

What is the enterprise number of GARDENCENTER T?

The enterprise number of GARDENCENTER T is BE0436472086.

When was GARDENCENTER T founded?

GARDENCENTER T was founded on 9 January 1989.

Who are the directors of GARDENCENTER T?

According to the 2025 annual accounts, the directors of GARDENCENTER T are: DIDIER MEERTENS, GIEL MEERTENS.

Is GARDENCENTER T a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 January 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GARDENCENTER T make in 2025?

GARDENCENTER T posted a profit after taxes of € 4,884 in financial year 2025.

What is the revenue of GARDENCENTER T?

As a small company, GARDENCENTER T is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 880,627.

How much does an employee at GARDENCENTER T earn?

The average wage cost per full-time employee at GARDENCENTER T was € 53,400 in 2025: staff costs of € 550,131 for 10.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GARDENCENTER T have?

According to the 2025 annual accounts, GARDENCENTER T has 10.3 full-time equivalents (FTE).

GARDENCENTER T (Private Limited) - Genk - BE0436472086

Dossier GARDENCENTER T, printed on 31 October 2026 from databakkes.be/en/0436472086/gardencenter-t. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GARDENCENTER T from Genk, company number BE0436472086, closed financial year 2025 with a result of € 4,884 after tax. For that financial year GARDENCENTER T recorded a gross margin of € 880,627 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -107,078 to € 4,884. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 11, 2026.

What it is worth Growing

€ 1.7 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 4,884

▲ still € 107,078 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 376,212

▲ 136% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.2 million.

People and assets in 2025

Full-time equivalents

10.3

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 550,131

▼ 10% vs 2024

€ 53,400 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.

Vehicles and equipment

€ 141,363

▼ 21% vs 2024

Of which on lease € 8,791.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 17% vs 2024

€ 138,254 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 443,975

▲ 79% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 159,247

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,400,795 Gross margin 2022: € 1,400,795 First fiscal year in the series	€ 836,547 Gross margin 2023: € 836,547 ▼ 40% vs 2022 (€ 1,400,795) Unfavourable step	€ 829,930 Gross margin 2024: € 829,930 ▼ 1% vs 2023 (€ 836,547) Unfavourable step	€ 880,627 Gross margin 2025: € 880,627 ▲ 6% vs 2024 (€ 829,930) Favourable step	▲ 6%
Profit after taxes	€ 461,526 Profit after taxes 2022: € 461,526 First fiscal year in the series	€ 33,820 Profit after taxes 2023: € 33,820 ▼ 93% vs 2022 (€ 461,526) Unfavourable step	€ -107,078 Profit after taxes 2024: € -107,078 ▼ € 140,898 vs 2023 (€ 33,820) Unfavourable step	€ 4,884 Profit after taxes 2025: € 4,884 ▲ € 111,962 vs 2024 (€ -107,078) Favourable step	▲ € 111,962
Equity	€ 1,773,784 Equity 2022: € 1,773,784 First fiscal year in the series	€ 1,757,404 Equity 2023: € 1,757,404 ▼ 1% vs 2022 (€ 1,773,784) Unfavourable step	€ 1,650,326 Equity 2024: € 1,650,326 ▼ 6% vs 2023 (€ 1,757,404) Unfavourable step	€ 1,655,209 Equity 2025: € 1,655,209 Unchanged (€ 1,650,326) Favourable step
Total debts	€ 2,304,622 Total debts 2022: € 2,304,622 First fiscal year in the series	€ 2,335,945 Total debts 2023: € 2,335,945 ▲ 1% vs 2022 (€ 2,304,622) Unfavourable step	€ 1,932,573 Total debts 2024: € 1,932,573 ▼ 17% vs 2023 (€ 2,335,945) Favourable step	€ 2,001,250 Total debts 2025: € 2,001,250 ▲ 4% vs 2024 (€ 1,932,573) Unfavourable step	▲ 4%
Cash	€ 626,818 Cash 2022: € 626,818 First fiscal year in the series	€ 243,282 Cash 2023: € 243,282 ▼ 61% vs 2022 (€ 626,818) Unfavourable step	€ 159,340 Cash 2024: € 159,340 ▼ 35% vs 2023 (€ 243,282) Unfavourable step	€ 376,212 Cash 2025: € 376,212 ▲ 136% vs 2024 (€ 159,340) Favourable step	▲ 136%
Land & buildings	€ 1,024,713 Land & buildings 2022: € 1,024,713 First fiscal year in the series	€ 1,226,024 Land & buildings 2023: € 1,226,024 ▲ 20% vs 2022 (€ 1,024,713) Unchanged	€ 1,176,566 Land & buildings 2024: € 1,176,566 ▼ 4% vs 2023 (€ 1,226,024) Unchanged	€ 1,073,119 Land & buildings 2025: € 1,073,119 ▼ 9% vs 2024 (€ 1,176,566) Unchanged	▼ 9%
Retained profit	€ 1,235,268 Retained profit 2022: € 1,235,268 First fiscal year in the series	€ 1,253,404 Retained profit 2023: € 1,253,404 ▲ 1% vs 2022 (€ 1,235,268) Favourable step	€ 1,146,326 Retained profit 2024: € 1,146,326 ▼ 9% vs 2023 (€ 1,253,404) Unfavourable step	€ 1,151,209 Retained profit 2025: € 1,151,209 Unchanged (€ 1,146,326) Favourable step
Dividend	€ 77,657 Dividend 2022: € 77,657 First fiscal year in the series	€ 50,200 Dividend 2023: € 50,200 ▼ 35% vs 2022 (€ 77,657) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 50,200) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 1,521,180 Bank debt 2022: € 1,521,180 First fiscal year in the series	€ 1,478,157 Bank debt 2023: € 1,478,157 ▼ 3% vs 2022 (€ 1,521,180) Favourable step	€ 1,339,881 Bank debt 2024: € 1,339,881 ▼ 9% vs 2023 (€ 1,478,157) Favourable step	€ 1,117,607 Bank debt 2025: € 1,117,607 ▼ 17% vs 2024 (€ 1,339,881) Favourable step	▼ 17%
Balance sheet total	€ 4,101,546 Balance sheet total 2022: € 4,101,546 First fiscal year in the series	€ 4,114,919 Balance sheet total 2023: € 4,114,919 Unchanged (€ 4,101,546) Unchanged	€ 3,602,901 Balance sheet total 2024: € 3,602,901 ▼ 12% vs 2023 (€ 4,114,919) Unchanged	€ 3,674,893 Balance sheet total 2025: € 3,674,893 ▲ 2% vs 2024 (€ 3,602,901) Unchanged	▲ 2%
Employees (FTE)	7.3 Employees (FTE) 2022: 7.3 First fiscal year in the series	9.5 Employees (FTE) 2023: 9.5 ▲ 2.2 vs 2022 (7.3) Unchanged	10.4 Employees (FTE) 2024: 10.4 ▲ 0.9 vs 2023 (9.5) Unchanged	10.3 Employees (FTE) 2025: 10.3 ▼ 0.1 vs 2024 (10.4) Unchanged	▼ 0.1

Key figures of GARDENCENTER T, 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 GARDENCENTER T?

What happened at GARDENCENTER T in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 11, 2026 New annual accounts for financial year 2025: profit of € 4,884. Source: NBB ↗
2022 DIDIER MEERTENS became a director. NBB
2022 GIEL MEERTENS became a director. NBB
Oct 12, 2001 New establishment in Genk. KBO
Jan 9, 1989 Start of the company according to the CBE. KBO

In short

From € 461,526 profit in 2022 to € 4,884 profit in 2025.

Paid € 157,376 in corporate taxes since 2022.

Best year ever: 2022, with € 461,526 profit.

On average € 85,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DIDIER MEERTENS GIEL MEERTENS

GARDENCENTER T

Behind GARDENCENTER T are DIDIER MEERTENS and GIEL MEERTENS.

Directors

According to the 2025 annual accounts

DIDIER MEERTENS

Director

since 2022

GIEL MEERTENS

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Vaartstraat 20

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0436.472.086

VAT number

BE 0436.472.086

Registered office

Vaartstraat 20, 3600 Genk

Names & denominations

GARDENCENTER T

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 January 1989

Peppol

Active · Active since 12 Dec 2025

Activities · NACE

Groothandel in overige bouwmaterialen

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Bloementeelt

Reparatie en onderhoud van computers en communicatieapparatuur

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Groothandel in hout

Detailhandel in bloemen, planten, zaden en kunstmeststoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

GARDENCENTER T

Financials

What happened to GARDENCENTER T?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions