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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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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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 TOURNAI from Tournai, company number BE0468209892, closed financial year 2025 with a result of € -108,225 after tax. For that financial year GARDEN CENTER TOURNAI recorded a gross margin of € 995,066 and equity of € 894,082. Compared with financial year 2024, the result moved from € -116,887 to € -108,225. 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.
€ 894,082
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -108,225
▲ 7 % less loss than in 2024
Profit after tax over the fiscal year.
€ 200,373
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 594,082.
People and assets in 2025
15.2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 804,849
▲ 4% vs 2024
€ 53,000 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.
€ 14,750
▲ 38% 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.
€ 556,557
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 138,835
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 865,051 | € 1,069,164 | € 998,027 | € 995,066 | |
| Profit after taxes | € -156,438 | € 29,096 | € -116,887 | € -108,225 | ▲ € 8,662 |
| Equity | € 1,090,097 | € 1,119,194 | € 1,002,307 | € 894,082 | ▼ 11% |
| Total debts | € 1,204,105 | € 890,478 | € 1,021,823 | € 791,952 | ▼ 22% |
| Cash | € 137,961 | € 91,897 | € 389,735 | € 200,373 | ▼ 49% |
| Land & buildings | € 14,033 | € 11,544 | € 9,054 | € 6,564 | ▼ 27% |
| Retained profit | € 790,097 | € 819,194 | € 702,307 | € 594,082 | ▼ 15% |
| Bank debt | € 125,227 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,294,202 | € 2,009,671 | € 2,024,130 | € 1,686,034 | ▼ 17% |
| Employees (FTE) | 14.5 | 15.2 | 15.8 | 15.2 | ▼ 0.6 |
Key figures of GARDEN CENTER TOURNAI, 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 TOURNAI?
What happened at GARDEN CENTER TOURNAI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Carl LIEKENS stepped down as director. NBB
- PENTAHOLD SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 108,225. 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 SA became a director. NBB
In short
From € 156,438 loss in 2022 to € 108,225 loss in 2025.
Paid € 4,773 in corporate taxes since 2022.
Best year ever: 2023, with € 29,096 profit.
On average € 65,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GARDEN CENTER TOURNAI is SNUGGLES & DREAMS BV. The shares are held by GARDEN VISION SA (100%) and GARDEN CENTER SAINT-GEORGES-SUR-MEUSE SA (0%). It owns 0.2% of GARDEN CENTER SAINT-GEORGES-SUR-MEUSE SA itself.
Directors
According to the 2025 annual accounts
Personne déléguée à la gestion journalière · represented by Philippe De Coninck
Also active at: Garden Center Aarschot, GARDEN CENTER OLEN, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GARDEN CENTER HOLDING, BLOEMENLAND, Garden Center Naninne, GILTAM, PELCKMANS TURNHOUT +9 more
since 2025
Carl LIEKENS
Director
Also active at: VERIAC, Garden Center Aarschot, GARDEN CENTER OLEN, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GOLDIE, GARDEN CENTER HOLDING, BLOEMENLAND, GARDEN CENTER LIFESTYLE +20 more
since 2023 · until 2029
Director · represented by Karel GIELEN
Also active at: Garden Center Aarschot, GARDEN CENTER OLEN, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GOLDIE, GARDEN CENTER HOLDING, BLOEMENLAND, GARDEN CENTER LIFESTYLE, Garden Center Naninne +15 more
since 2023 · until 2029
Personne déléguée à la gestion journalière · represented by Alain Hellebaut
Also active at: Garden Center Aarschot, GARDEN CENTER OLEN, GARDEN CENTER SAINT-GEORGES-SUR-MEUSE, GARDEN CENTER HOLDING, BLOEMENLAND, Garden Center Naninne, GILTAM, PELCKMANS TURNHOUT +9 more
since 2023 · until 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Chaussée de Lille(TOU) 258
7500 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.209.892
- VAT number
- BE 0468.209.892
- Registered office
- Chaussée de Lille(TOU) 258, 7500 Tournai
- Names & denominations
- GARDEN CENTER TOURNAI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1999
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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