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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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EQUINE CARE GROUP from Lummen, company number BE0762699617, closed financial year 2025 with a result of € 999,653 after tax. For that financial year EQUINE CARE GROUP recorded revenue of € 8.4 million and equity of € 154 million. Compared with financial year 2024, the result moved from € 6,804 to € 999,653. 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 October 21, 2026.
€ 154 million
▲ 153% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 999,653
▲ € 992,849 vs 2024
Profit after tax over the fiscal year.
€ 149,839
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
9.5
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 112% vs 2024
€ 182,400 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.
€ 126,139
▼ 11% vs 2024
Of which on lease € 32,175.
Debts at end 2025
€ 3.2 million
▲ 257% vs 2024
€ 9,459 is repaid this year. At this pace the long-term loan is gone in ≈ 342 years.
€ 6.8 million
▲ € 6.7 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 368 days on average.
€ 173,114
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,551,031 | € 2,233,225 | € 1,657,383 | € 8,431,864 | ▲ € 6.8 million |
| Profit after taxes | € 629,793 | € 730,649 | € 6,804 | € 999,653 | ▲ € 992,849 |
| Equity | € 31,459,205 | € 60,842,017 | € 60,848,821 | € 154,014,166 | ▲ 153% |
| Total debts | € 1,538,454 | € 2,554,351 | € 1,165,706 | € 11,896,067 | ▲ € 10.7 million |
| Cash | € 663,093 | € 25,807 | € 318,517 | € 149,839 | ▼ 53% |
| Retained profit | € 762,476 | € 1,493,125 | € 1,499,929 | € 2,499,582 | ▲ 67% |
| Bank debt | € 991,201 | € 959,502 | € 906,020 | € 3,233,727 | ▲ 257% |
| Balance sheet total | € 32,997,659 | € 63,396,368 | € 62,014,527 | € 165,910,232 | ▲ 168% |
| Employees (FTE) | 8.1 | 9.9 | 6.3 | 9.5 | ▲ 3.2 |
Key figures of EQUINE CARE GROUP, 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 EQUINE CARE GROUP?
What happened at EQUINE CARE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederik Bruyninx stepped down as director. NBB
- T&K Partners BV stepped down as director. NBB
- Filip Vandenberghe stepped down as director. NBB
- KAFINCO BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 999,653 (▲ € 992,849 vs 2024). filed late Source: NBB ↗
- Jan Cassiman BV stepped down as director. NBB
- Frederik Bruyninx became a director. NBB
- T&K Partners BV became a director. NBB
In short
From € 629,793 profit in 2022 to € 999,653 profit in 2025.
Paid € 75,288 in corporate taxes since 2022.
Best year ever: 2025, with € 999,653 profit.
Management
The stake of SHATAL, Gimv Healthcare Invest 2024 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EQUINE CARE GROUPThe shares are held by SHATAL (22.9%) and Gimv Healthcare Invest 2024 (18.6%). It owns 100% of ECG Medical Care, 100% of ECG Labs BV, 100% of ECG Nutrition and Supplements, 1.4% of ECG Ambulatory Care and 0.6% of ECG Clinics itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Director · represented by Tom Mariën
Also active at: SHATAL, ECG Clinics, ECG Labs, ECG Medical Care, ECG Nutrition and Supplements, EQUITOM
since 2025 · until 2031
Managing director · represented by Tom Mariën
Also active at: ROOSE, Dierenartsenpraktijk Hendrikx - Deuss, WESTPAILLE, ECG Clinics, Zoolyx, EQUITOM LIEGE, REVERDY BENELUX, ECG Labs +4 more
since 2021 · until 2025
Filip Vandenberghe
Director
Also active at: DIERENKLINIEK DE BOSDREEF, Dierenkliniek De Morette, IMMOBOS, Equimaging, Essential4, VETIMMOBO
since 2025 · until 2031
Director · represented by Julie Santens
Also active at: DESOTEC, ROOSE, D.E.S.O.T.E.C. INTERNATIONAL, Zoolyx, David Bidco, ECG Labs, ECG Medical Care, ECG Nutrition and Supplements +1 more
since 2025 · until 2031
since 2022 · until 2026
Director · represented by Vermeersch Matthias
Also active at: RUBIO INTERNATIONAL, BENCIS CAPITAL PARTNERS BELGIUM
since 2021 · until 2025
Robertus Falk
Director
since 2021 · until 2025
Shareholders
22.9%
Participations
100%
100%
1.4%
0.6%
Establishments
Establishment units
Physical locations of this company
Paalstraat 8
3560 Lummen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →ECG Clinics same network
€ 1.3 million revenue · 2025
Equine Vets same network
€ 158,265 gross margin · 2025
EC-eenheid
ECG Labs same network
€ 686,126 revenue · 2025
ECG Medical Care same network
€ 6.2 million revenue · 2025
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0762.699.617
- VAT number
- BE 0762.699.617
- Registered office
- Paalstraat 8, 3560 Lummen
- Names & denominations
- EQUINE CARE GROUP · ECG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2021
- Peppol
- Active · Active since 9 Jun 2026
- Activities · NACE
Vermogensbeheer
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen