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 2024
EQUINE CARE GROUP from Lummen, company number BE0762699617, closed financial year 2024 with a result of € 6,804 after tax. For that financial year EQUINE CARE GROUP recorded revenue of € 1.7 million and equity of € 60.8 million. Compared with financial year 2023, the result moved from € 730,649 to € 6,804. 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 June 26, 2025.
€ 60.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,804
▼ 99% vs 2023
Profit after tax over the fiscal year.
€ 318,517
▲ € 292,710 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.5 million.
People and assets in 2024
6.3
▼ 3.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 817,615
▼ 12% vs 2023
€ 129,800 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.
€ 141,903
▼ 45% vs 2023
Of which on lease € 55,290.
Debts at end 2024
€ 906,020
▼ 6% vs 2023
€ 29,576 is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 88,035
▼ 93% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 154,790
▼ 15% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,700,138 | € 1,551,031 | € 2,233,225 | € 1,657,383 | ▼ 26% |
| Profit after taxes | € 132,683 | € 629,793 | € 730,649 | € 6,804 | ▼ 99% |
| Equity | € 20,248,846 | € 31,459,205 | € 60,842,017 | € 60,848,821 | |
| Total debts | € 1,104,312 | € 1,538,454 | € 2,554,351 | € 1,165,706 | ▼ 54% |
| Cash | € 6,250,345 | € 663,093 | € 25,807 | € 318,517 | ▲ € 292,710 |
| Retained profit | € 132,683 | € 762,476 | € 1,493,125 | € 1,499,929 | |
| Bank debt | € 791,918 | € 991,201 | € 959,502 | € 906,020 | ▼ 6% |
| Balance sheet total | € 21,353,158 | € 32,997,659 | € 63,396,368 | € 62,014,527 | ▼ 2% |
| Employees (FTE) | 5.7 | 8.1 | 9.9 | 6.3 | ▼ 3.6 |
Key figures of EQUINE CARE GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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
- Shatal BV stepped down as director. NBB
- Jan Cassiman BV stepped down as director. NBB
- Filip Vandenberghe stepped down as director. NBB
- Maverco BV stepped down as director. NBB
- Robertus Falk stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 6,804 (▼ 99% vs 2023). Source: NBB ↗
- Jan Cassiman BV became a director. NBB
In short
From € 132,683 profit in 2021 to € 6,804 profit in 2024.
Paid € 120,695 in corporate taxes since 2021.
Best year ever: 2023, with € 730,649 profit.
Pays suppliers within 47 days on average.
A new publication or filing at EQUINE CARE GROUP? We notify you, reason included.
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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
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 79.7% of ECG Medical Care, 73.4% of ECG Nutrition and Supplements and 57.1% of ECG Labs BV itself.
Directors
According to the 2024 annual accounts
since 2021 · until 2027
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 2027
since 2022 · until 2027
since 2022 · until 2027
Director · represented by Matthias Vermeersch
Also active at: RUBIO INTERNATIONAL, BENCIS CAPITAL PARTNERS BELGIUM
since 2021 · until 2027
Robertus Falk
Director
since 2021 · until 2027
Shareholders
22.9%
Participations
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