Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 24.2 to 20.1.
-
Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
GARDENAS from Dendermonde, company number BE0446780416, closed financial year 2025 with a result of € 488,711 after tax. For that financial year GARDENAS recorded a gross margin of € 2 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 571,738 to € 488,711. The company is profitable. 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 August 6, 2026.
€ 8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 488,711
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 349,950
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
20 % of the profit went to the shareholders, mostly to Sport Plus Garden Service (100 % of the shares). That is where the money ends up.
People and assets in 2025
20.1
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 974,998
▲ 1% vs 2024
€ 48,500 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.
€ 111,319
▼ 42% vs 2024
Of which on lease € 90,123.
Debts at end 2025
€ 288,822
▼ 13% vs 2024
€ 44,364 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 672,644
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 124,904
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,362,840 | - | - | - | |
| Gross margin | - | € 1,884,612 | € 2,036,710 | € 2,040,220 | |
| Profit after taxes | € 1,021,467 | € 400,294 | € 571,738 | € 488,711 | ▼ 15% |
| Equity | € 8,901,059 | € 9,221,352 | € 7,613,090 | € 8,001,801 | ▲ 5% |
| Total debts | € 1,450,306 | € 875,158 | € 1,215,957 | € 1,223,046 | ▲ 1% |
| Cash | € 2,519,641 | € 820,224 | € 313,211 | € 349,950 | ▲ 12% |
| Land & buildings | € 4,351 | € 3,384 | € 2,417 | € 7,729 | ▲ 220% |
| Retained profit | € 8,839,059 | € 9,159,352 | € 7,551,090 | € 7,939,801 | ▲ 5% |
| Dividend | € 200,000 | € 80,000 | € 2,180,000 | € 100,000 | ▼ 95% |
| Bank debt | € 416,526 | € 374,837 | € 332,275 | € 288,822 | ▼ 13% |
| Balance sheet total | € 10,351,365 | € 10,096,510 | € 8,829,047 | € 9,224,847 | ▲ 4% |
| Employees (FTE) | 27.7 | 24.2 | 21.5 | 20.1 | ▼ 1.4 |
Key figures of GARDENAS, 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 GARDENAS?
What happened at GARDENAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Beaufort BV stepped down as director. NBB
- SPG (Sport Plus Garden Service) NV stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Beaufort BV became a director. NBB
- SPG (Sport Plus Garden Service) NV became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 488,711 profit in 2025.
Paid € 668,949 in corporate taxes since 2022.
Best year ever: 2022, with € 1 million profit.
On average € 101,500 of value added per employee in 2025.
Management
The stake of Sport Plus Garden Service comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GARDENASThe shares are held by Sport Plus Garden Service (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Alain Vercambre
Also active at: Sport Plus Garden Service, GTL TRANSPORT, SPEA, Green License, DICE OUTDOOR, SPORTKING
since 2023 · until 2029
SPG (Sport Plus Garden Service) NV
Managing director · represented by Kristof Vercambre
Also active at: LEISURE AND SPORTS GEAR, GTL TRANSPORT
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wissenstraat 3
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0446.780.416
- VAT number
- BE 0446.780.416
- Registered office
- Wissenstraat 3, 9200 Dendermonde
- Names & denominations
- GARDENAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1992
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Zagen en schaven van hout
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van panelen en platen van hout
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Bouw van andere civieltechnische werken, neg
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Detailhandel in houten bouw- en tuinmaterialen