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GARDEN CENTER OLEN

Active
Public limited companyfounded 197947 yrs activeDoffen 75, 2250 Olen, BelgiumKBO/BCE: BE 0419.253.893
Summary

GARDEN CENTER OLEN has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€537,621. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 4238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency90▼-7
Growth22=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 3.39 in 2024; short-term debt: 31.8% and cash: 17.3% of total assets), and 35.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 47 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
64.6%
Return on assets
-27.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€537,621
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
21 d early
2023
15 d early
2022
24 d early
2021
19 d early
2020
4 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 March 1979, GARDEN CENTER OLEN was incorporated.1 In 2011 the company took the name Intratuin Olen.2 The registered office was moved to Olen in 2015.3 Of the 3 current board members, Carl M.F. LIEKENS has served longest, since 2016.4 Total assets went from EUR 5.1 million in 2018 to EUR 1.9 million in 2025 and headcount from 23.5 to 12 full-time equivalents.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-09-2011
  3. 3Belgian State Gazette, 09-10-2015
  4. 4Belgian State Gazette, 27-07-2016
  5. 5National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€6.0m▼ 13.0%
2018 · €6.9m
EBIT margin
-4.0%▲ 2.2pp
2018 · -6.2%
Net result
-€537,621▼ 12.5%
2024 · -€477,970
Working capital
€968,828▼ 34.6%
2024 · €1.5m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€146,048-€565,927-€200,965▲ 64.5%-€480,886▼ 139%-€528,963▼ 10.0%
Net result€187,799above the sector's middle half-€585,861below the sector's middle half-€243,433below the sector's middle half▲ 58.4%-€477,970below the sector's middle half▼ 96.3%-€537,621below the sector's middle half▼ 12.5%
EBIT margin
Equity€3.1mabove the sector's middle half▲ 6.5%€2.5mabove the sector's middle half▼ 18.9%€2.3mabove the sector's middle half▼ 9.7%€1.8mabove the sector's middle half▼ 21.1%€1.2mwithin the sector's middle half▼ 30.1%
Total assets€3.9mabove the sector's middle half▼ 10.3%€3.7mabove the sector's middle half▼ 5.6%€3.9mabove the sector's middle half▲ 4.1%€2.5mabove the sector's middle half▼ 35.9%€1.9mwithin the sector's middle half▼ 22.3%
Debt€855,265▼ 42.8%€1.2m▲ 42.7%€1.6m▲ 32.5%€701,038▼ 56.7%€684,180▼ 2.4%
Working capital€2.9mabove the sector's middle half▲ 3.9%€2.3mabove the sector's middle half▼ 20.3%€2.0mabove the sector's middle half▼ 16.3%€1.5mabove the sector's middle half▼ 24.4%€968,828above the sector's middle half▼ 34.6%
Solvency78.3%above the sector's middle half▲ 12.3pp67.3%above the sector's middle half▼ 11.1pp58.3%within the sector's middle half▼ 8.9pp71.8%above the sector's middle half▲ 13.5pp64.6%above the sector's middle half▼ 7.2pp
Current ratio4.83above the sector's middle half▲ 1.713.05above the sector's middle half▼ 1.782.28within the sector's middle half▼ 0.773.39above the sector's middle half▲ 1.112.58above the sector's middle half▼ 0.82
Return on assets (ROA)4.8%within the sector's middle half▲ 8.9pp-15.7%below the sector's middle half▼ 20.5pp-6.3%below the sector's middle half▲ 9.4pp-19.2%below the sector's middle half▼ 13.0pp-27.8%below the sector's middle half▼ 8.6pp
Staff (FTE)17.9above the sector's middle half▼ 12.7%15above the sector's middle half▼ 16.2%14.5above the sector's middle half▼ 3.3%12.7above the sector's middle half▼ 12.4%12within the sector's middle half▼ 5.5%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2021: €146,048€146,048Net result 2021: €187,799€187,799Operating result 2022: -€565,927-€565,927Net result 2022: -€585,861-€585,861Operating result 2023: -€200,965-€200,965Net result 2023: -€243,433-€243,433Operating result 2024: -€480,886-€480,886Net result 2024: -€477,970-€477,970Operating result 2025: -€528,963-€528,963Net result 2025: -€537,621-€537,62120212022202320242025-€600,000-€400,000-€200,000€0Operating result 2023: -€200,965-€201,000Net result 2023: -€243,433-€243,000Operating result 2024: -€480,886-€481,000Net result 2024: -€477,970Operating result 2025: -€528,963-€529,000Net result 2025: -€537,621-€538,000202320242025
The operating result stays negative: a loss of €528,963 in 2025 against €480,886 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €348,019 ▼ 9.9%
Current assets €1.6m ▼ 24.6%
Equity and liabilities €1.9m
Equity €1.2m ▼ 30.1%
Debt €684,180 ▼ 2.4%
Debt's share of the balance-sheet total rises from 28.2% to 35.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€459,520▼
2024 · -€419,573
Cash flow
-€468,178▼
2024 · -€416,658
Quick ratio
1.07▼
2024 · 1.59
Debt to equity
0.55▲
2024 · 0.39
ROE
-43.1%▼
2024 · -26.8%
Interest coverage
-24.08▼
2024 · -18.40
Debt ≤ 1 year
€614,984▼
2024 · €618,743
Income taxes
€169▼
2024 · €206
Staff costs
€494,015▼
2024 · €573,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 928 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.1% went bankrupt
8.8% stopped otherwise
90% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.5m€1.9m▼
Fixed assets21/28€386,401€348,019▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€385,162€346,779▼
Plant, machinery and equipment23€4,307€7,514▲
Furniture and vehicles24€9,785€12,065▲
Other tangible fixed assets26€371,070€327,200▼
Financial fixed assets28€1,239€1,239=
Current assets29/58€2.1m€1.6m▼
Stocks and contracts in progress3€1.1m€924,013▼
Stocks30/36€1.1m€924,013▼
Amounts receivable within one year40/41€648,016€304,989▼
Trade receivables40€5,774€76,470▲
Other amounts receivable41€642,242€228,519▼
Cash at bank and in hand54/58€323,064€334,405▲
Deferred charges and accrued income490/1€15,792€20,406▲
Equity and liabilities
Total equity and liabilities10/49€2.5m€1.9m▼
Equity10/15€1.8m€1.2m▼
Contributions10/11€120,320€120,320=
Capital10€120,320€120,320=
Issued capital100€120,320€120,320=
Reserves13€2.9m€2.9m=
Non-distributable reserves130/1€12,032€12,032=
Legal reserve130€12,032€12,032=
Tax-exempt reserves132€1.8m€1.8m=
Distributable reserves133€1.1m€1.1m=
Profit (loss) carried forward14-€1.3m-€1.8m▼
Amounts payable17/49€701,038€684,180▼
Amounts payable within one year42/48€618,743€614,984▼
Trade debts44€522,319€533,071▲
Suppliers440/4€522,319€533,071▲
Advances received on contracts in progress46€125-
Taxes, remuneration and social security45€89,824€74,427▼
Taxes450/3€2,690€3,688▲
Remuneration and social security454/9€87,134€70,739▼
Other amounts payable47/48€6,476€7,486▲
Accrued charges and deferred income492/3€82,295€69,196▼
Income statement Code20242025
Remuneration, social security and pensions62€573,210€494,015▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61,313€69,443▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€61,237-€65,339▼
Other operating charges640/8€57,374€52,438▼
Gross operating margin9900€272,249€21,595▼
Operating profit (loss)9901-€480,886-€528,963▼
Financial income75/76B€25,919€10,594▼
Recurring financial income75€25,919€10,594▼
Financial charges65/66B€22,798€19,083▼
Recurring financial charges65€22,798€19,083▼
Profit (loss) for the period before taxes9903-€477,764-€537,452▼
Income taxes67/77€206€169▼
Profit (loss) for the period9904-€477,970-€537,621▼
Profit (loss) for the period to be appropriated9905-€477,970-€537,621▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€1.8m▼
Profit (loss) brought forward from the previous period14P-€785,379-€1.3m▼
Social balance
Average headcount (FTE)908712.712.0▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€150,987---
Remuneration, social security and pensions62€641,793€552,520€570,906€573,210€494,015▼ 13.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61,285€37,893€48,311€61,313€69,443▲ 13.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€39,864€35,444€42,757€61,237-€65,339▼ 207%
Other operating charges640/8€69,264€85,468€28,992€57,374€52,438▼ 8.6%
Gross operating margin9900€878,527€145,398€490,002€272,249€21,595▼ 92.1%
Operating profit (loss)9901€146,048-€565,927-€200,965-€480,886-€528,963▼ 10.0%
Financial income75/76B€61,446€123€1,028€25,919€10,594▼ 59.1%
Recurring financial income75€60,847€123€1,028€25,919€10,594▼ 59.1%
Non-recurring financial income76B€599-----
Financial charges65/66B€19,764€19,792€43,316€22,798€19,083▼ 16.3%
Recurring financial charges65€19,764€17,941€25,082€22,798€19,083▼ 16.3%
Non-recurring financial charges66B-€1,851€18,234---
Profit (loss) for the period before taxes9903€187,730-€585,596-€243,253-€477,764-€537,452▼ 12.5%
Income taxes67/77-€69€265€180€206€169▼ 18.0%
Profit (loss) for the period9904€187,799-€585,861-€243,433-€477,970-€537,621▼ 12.5%
Profit (loss) for the period to be appropriated9905€187,799-€585,861-€243,433-€477,970-€537,621▼ 12.5%
Line20212022202320242025Change
Assets
Total assets20/58€3.9m€3.7m€3.9m€2.5m€1.9m▼ 22.3%
Fixed assets21/28€241,940€246,046€392,094€386,401€348,019▼ 9.9%
Intangible fixed assets21-€0€0€0€0-
Tangible fixed assets22/27€238,885€244,806€390,855€385,162€346,779▼ 10.0%
Land and buildings22-€0----
Plant, machinery and equipment23€2,718€0€3,957€4,307€7,514▲ 74.5%
Furniture and vehicles24€10,437€4,789€10,022€9,785€12,065▲ 23.3%
Leasing and similar rights25-€0----
Other tangible fixed assets26€225,731€240,017€376,876€371,070€327,200▼ 11.8%
Assets under construction and advance payments27-€0----
Financial fixed assets28€3,054€1,239€1,239€1,239€1,239=
Current assets29/58€3.7m€3.5m€3.5m€2.1m€1.6m▼ 24.6%
Amounts receivable after more than one year29-€0----
Other amounts receivable291-€0----
Stocks and contracts in progress3€1.3m€1.5m€1.2m€1.1m€924,013▼ 17.0%
Stocks30/36€1.3m€1.5m€1.2m€1.1m€924,013▼ 17.0%
Amounts receivable within one year40/41€772,218€1.8m€2.0m€648,016€304,989▼ 52.9%
Trade receivables40€65,216€4,009€16,612€5,774€76,470▲ 1,224%
Other amounts receivable41€707,002€1.8m€1.9m€642,242€228,519▼ 64.4%
Cash at bank and in hand54/58€1.6m€244,307€347,567€323,064€334,405▲ 3.5%
Deferred charges and accrued income490/1€666€465€22,922€15,792€20,406▲ 29.2%
Equity and liabilities
Total equity and liabilities10/49€3.9m€3.7m€3.9m€2.5m€1.9m▼ 22.3%
Equity10/15€3.1m€2.5m€2.3m€1.8m€1.2m▼ 30.1%
Contributions10/11€120,320€120,320€120,320€120,320€120,320=
Capital10-€120,320€120,320€120,320€120,320=
Issued capital100-€120,320€120,320€120,320€120,320=
Outside capital11€120,320-----
Other1109/19€120,320-----
Reserves13€2.9m€2.9m€2.9m€2.9m€2.9m=
Non-distributable reserves130/1€12,032€12,032€12,032€12,032€12,032=
Legal reserve130-€12,032€12,032€12,032€12,032=
Reserves not available under the articles1311€12,032-----
Tax-exempt reserves132€1.8m€1.8m€1.8m€1.8m€1.8m=
Distributable reserves133€1.1m€1.1m€1.1m€1.1m€1.1m=
Profit (loss) carried forward14€43,916-€541,946-€785,379-€1.3m-€1.8m▼ 42.6%
Amounts payable17/49€855,265€1.2m€1.6m€701,038€684,180▼ 2.4%
Amounts payable after more than one year17-€0----
Financial debts170/4-€0----
Amounts payable within one year42/48€766,771€1.1m€1.5m€618,743€614,984▼ 0.6%
Current portion of amounts payable after more than one year42-€0----
Trade debts44€664,219€606,648€540,835€522,319€533,071▲ 2.1%
Suppliers440/4€664,219€606,648€540,835€522,319€533,071▲ 2.1%
Advances received on contracts in progress46€393€603€1,222€125--
Taxes, remuneration and social security45€98,252€97,875€96,977€89,824€74,427▼ 17.1%
Taxes450/3€5,317€16,200€7,715€2,690€3,688▲ 37.1%
Remuneration and social security454/9€92,935€81,675€89,262€87,134€70,739▼ 18.8%
Other amounts payable47/48€3,907€434,355€889,708€6,476€7,486▲ 15.6%
Accrued charges and deferred income492/3€88,494€80,911€88,799€82,295€69,196▼ 15.9%
Line20212022202320242025Change
Profit (loss) for the period9904€187,799-€585,861-€243,433-€477,970-€537,621▼ 12.5%
+ Depreciation and write-downs630€61,285€37,893€48,311€61,313€69,443▲ 13.3%
Operating cash flow (approximation)€249,084-€547,968-€195,122-€416,658-€468,178▼ 12.4%
Investment in fixed assets (approximation)--€41,999-€194,360-€55,619-€31,061▲ 44.2%
Change in cash--€1.4m€103,261-€24,504€11,341▲ 146%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
18-12
State Gazette act Appointment: Snuggles & Dreams BV (day-to-day manager)
Permanent representative: Philippe De Coninck3 facts ▸
  • Board meeting, 09-09-2025
  • Director appointment, Snuggles & Dreams BV (day-to-day manager)
  • Permanent representative, Philippe De Coninck
29-08
State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 24-06-2025
  • Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
22-07
State Gazette act Resignation: D&P Retail Solutions BV (day-to-day manager)
Permanent representative: Alain Hellebaut3 facts ▸
  • Board meeting, 07-05-2025
  • Director resignation, D&P Retail Solutions BV (day-to-day manager)
  • Permanent representative, Alain Hellebaut
10-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-10
State Gazette act Capital & shares
Statutes amendment1 fact ▸
  • Statutes amendment
09-08
State Gazette act Reappointments: Carl M.F. Liekens (director) and Pentahold NV (director)
Permanent representatives: Karel Gielen, Iwan Gillis-D'Hamers and Alain Hellebaut · Resignation: Livanto BV (ceo, persoon belast met het dagelijks bestuur) · Appointment: D&P Retail Solutions BV (ceo, persoon belast met het dagelijks bestuur)9 facts ▸
  • General meeting, 22-06-2023
  • Director reappointment, Carl M.F. Liekens (director)
  • Director reappointment, Pentahold NV (director)
  • Permanent representative, Karel Gielen
  • Board meeting, 28-06-2023
  • Director resignation, Livanto BV (ceo, persoon belast met het dagelijks bestuur)
  • Permanent representative, Iwan Gillis-D'Hamers
  • Director appointment, D&P Retail Solutions BV (ceo, persoon belast met het dagelijks bestuur)
  • Permanent representative, Alain Hellebaut
07-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
12-01
State Gazette act Purpose · Statutes amendment
Purpose change3 facts ▸
  • Statutes amendment
  • Purpose change, De aan- en verkoop van, de groot- en kleinhandel in, de handelsbemiddeling in, de in- en uitvoer van, de distributie en promotie van alle tuinartikelen, materia…
  • Statutes amendment
2022
31-12
Financial Weakest financial yearnet -€585,861
Net result drops to -€585,861, the lowest in the series; recovery starts the following year.
14-11
State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Olaf Janssen and Karel Gielen4 facts ▸
  • General meeting, 24-06-2022
  • Auditor reappointment, EY Bedrijfsrevisoren BV
  • Permanent representative, Olaf Janssen
  • Permanent representative, Karel Gielen
Show earlier events
12-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €187,799
Net result €187,799 after 3 loss-making years.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
07-04
State Gazette act Resignation: Garden Center Holding NV (director)
Appointment: Livanto BVBA (day-to-day manager) · Permanent representative: Iwan Gillis-D'Hamers4 facts ▸
  • General meeting, 25-02-2021
  • Director resignation, Garden Center Holding NV (director)
  • Director appointment, Livanto BVBA (day-to-day manager)
  • Permanent representative, Iwan Gillis-D'Hamers
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-08
State Gazette act Resignation: B-YCR BVBA (permanent representative)
Appointment: Livanto BVBA (permanent representative) · Permanent representative: Iwan Gillis-D'Hamers · Reappointment: Ernst & Young Revisoren CVBA (statutory auditor)6 facts ▸
  • General meeting, 25-05-2019
  • Director resignation, B-YCR BVBA (permanent representative)
  • Director appointment, Livanto BVBA (permanent representative)
  • Permanent representative, Iwan Gillis-D'Hamers
  • Mandate term, tot de Algemene Vergadering van Aandeelhouders die de jaarrekeningen van 31 december 2022 goedkeurt
  • Auditor reappointment, Ernst & Young Revisoren CVBA
30-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
27-11
State Gazette act Appointment: ERNST & YOUNG - Bedrijfsrevisoren BCVBA (statutory auditor)
Resignation: Stefan OLIVIER (statutory auditor)2 facts ▸
  • Auditor appointment, ERNST & YOUNG - Bedrijfsrevisoren BCVBA
  • Director resignation, Stefan OLIVIER (statutory auditor)
20-09
State Gazette act Restructuring
Demerger · Accounting effect · Name change4 facts ▸
  • Demerger, partielle splitsing door overname, het volledige vastgoed, met inbegrip van alle rechten en verplichtingen verbonden aan dit vastgoed
  • Accounting effect, 01/01/2017
  • Name change, Garden Center Olen
  • Capital decrease, €38.331,64
01-08
State Gazette act Resignations: Erwin Van Osta (director) and Carl Liekens (managing director)
Appointments: Garden Center Holding NV (director) and Pentahold SA (director) · Permanent representatives: Peter Douliez, Karel Gielen and B-YCR BVBA · Reappointment: Carl Liekens (director)12 facts ▸
  • General meeting, 03-07-2017
  • Director resignation, Erwin Van Osta (director)
  • Director discharge, Erwin Van Osta
  • Director appointment, Garden Center Holding NV (director)
  • Permanent representative, Peter Douliez
  • Director appointment, Pentahold SA (director)
  • Permanent representative, Karel Gielen
  • Director reappointment, Carl Liekens (director)
  • Board meeting, 03-07-2017
  • Director resignation, Carl Liekens (managing director)
  • Director appointment, Garden Center Holding NV (managing director)
  • Permanent representative, B-YCR BVBA
26-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
23-06
State Gazette act Restructuring
Proposal date · Demerger · Share issue31 facts ▸
  • Proposal date, 12-06-2017
  • Demerger, partiële splitsing door overneming, 31-07-2017
  • Share issue, 11544, partiële splitsing
  • Capital increase, €38.331,54
  • Capital decrease, €38.331,54
  • Accounting effect, 01-01-2017
  • Real estate, Een bouwgrond, gelegen te 2250 Olen, Doffen, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen, afdeling Olen, sectie B, nummer 352/P voo…
  • Real estate, Een bouwgrond, gelegen te 2250 Olen, Doffen, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen, afdeling Olen, sectie B, nummer 352/R voo…
  • Real estate, Een bouwgrond, gelegen te 2250 Olen, Doffen, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen, afdeling Olen, sectie B, nummer 352/S voo…
  • Real estate, Een bouwgrond, gelegen te 2250 Olen, Doffen, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen, afdeling Olen, sectie B, nummer 352/T voo…
  • Real estate, Een grootwarenhuis op en met grond en aanhorigheden, gelegen te 2250 Olen, Doffen 75, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen,…
  • Real estate, Een garage op en met grond en aanhorigheden, gelegen te 2250 Olen, Doffen 75, gekadastreerd volgens recente kadastrale gegevens onder de gemeente Olen, afdeling…
  • +19 further facts in this act
2016
27-07
State Gazette act Resignations: Jeannine DE L'ARBRE, Sus MERTENS and Victor MERTENS
Appointments: Erwin A.M. VAN OSTA, Carl M.F. LIEKENS and Ernst & Young Bedrijfsrevisoren BCVBA · Permanent representative: Stefan OLIVIER10 facts ▸
  • General meeting, 01-07-2016
  • Director resignation, Jeannine DE L'ARBRE (director)
  • Director resignation, Sus MERTENS (director)
  • Director resignation, Victor MERTENS (director)
  • Director resignation, Victor MERTENS (managing director)
  • Director appointment, Erwin A.M. VAN OSTA (director)
  • Director appointment, Carl M.F. LIEKENS (director)
  • Director appointment, Carl M.F. LIEKENS (managing director)
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA
  • Permanent representative, Stefan OLIVIER
25-05
State Gazette act Reappointments: Mertens Victor, De L'Arbre Jeannine and Mertens Sus
Appointment: Mertens Victor (managing director)5 facts ▸
  • General meeting, 02-05-2016
  • Director reappointment, Mertens Victor (director)
  • Director reappointment, De L'Arbre Jeannine (director)
  • Director reappointment, Mertens Sus (director)
  • Director appointment, Mertens Victor (managing director)
2015
09-10
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 04-09-2015
  • Registered-office move, Doffen 75-2250 Olen
12-01
State Gazette act Resignation: Bart Dankers (director)
Appointment: Sus Mertens (director) · Director discharge4 facts ▸
  • General meeting, 09-12-2014
  • Director resignation, Bart Dankers (director)
  • Director discharge, Bart Dankers
  • Director appointment, Sus Mertens (director)
2011
28-09
State Gazette act Purpose · Statutes amendment · Resignations & appointments
Name change · Purpose change · Capital7 facts ▸
  • General meeting, 31-08-2011
  • Name change, Intratuin Olen
  • Purpose change, Toevoeging van punt E: De onderneming heeft als bijkomend, sociaal geïnspireerd doel dat zij wenst aanwervingen te doen van mensen uit de kansengroepen en hen o…
  • Statutes amendment
  • Statutes amendment
  • Capital, €158.651,86
  • Power of attorney, VAN DER LINDEN & FAVRIL, Accountancy
2010
21-05
State Gazette act Reappointments: Mertens Victor, De L'Arbre Jeannine and Dankers Bart
Appointment: Mertens Victor (managing director)5 facts ▸
  • General meeting, 03-05-2010
  • Director reappointment, Mertens Victor (director)
  • Director reappointment, De L'Arbre Jeannine (director)
  • Director reappointment, Dankers Bart (director)
  • Director appointment, Mertens Victor (managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
2 directors, 1 in day-to-day management, no change since 2025

Board 2

Carl M.F. LIEKENS
Director · since 01-07-2016
Current
PENTAHOLD
Director · since 03-07-2017 · Public limited company · perm. rep.: Karel Gielen
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Carl Liekens
Director · since 03-07-2017
Not recently confirmed
GARDEN CENTER HOLDING
Director · since 03-07-2017 · Public limited company
Not recently confirmed

Day-to-day management 1

Snuggles & Dreams
Day-to-day manager · since 01-10-2025 · Besloten Vennootschap van publiek recht · perm. rep.: Philippe De Coninck
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Carl M.F. LIEKENS
Managing director · since 01-07-2016
Not recently confirmed
GARDEN CENTER HOLDING
Managing director · since 03-07-2017 · Public limited company
Not recently confirmed

Permanent representatives 2

Karel Gielen
Permanent representative · since 03-07-2017 · for PENTAHOLD
Current
Philippe De Coninck
Permanent representative · since 01-10-2025 · for Snuggles & Dreams
Current

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Statutory auditor · since 01-07-2016
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Olen · 1 establishment unit since 1979
seat establishment The establishment unit on the map
Ground area
613 m²
Building footprint
194 m²
Volume, LiDAR
971 m³
Parcel 13029B0221/00B002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Garden Center Olen
Doffen 75, 2250 OlenNACE 52483
since 19792.016.029.588
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029B0221/00B002 Flanders 613 m² 1 · 194 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

17 people since 2010, 6 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Carl M.F. LIEKENS
  • Director, from 01-07-2016 to date
  • Managing director, from 01-07-2016 not ended, last confirmed 27-07-2016
PENTAHOLD
  • Director, from 03-07-2017 to date
Snuggles & Dreams
  • Day-to-day manager, from 01-10-2025 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, from 01-07-2016 to date
Carl Liekens
  • Director, already before 03-07-2017 not ended, last confirmed 01-08-2017
  • Managing director, until 03-07-2017
GARDEN CENTER HOLDING
  • Director, from 03-07-2017 not ended, last confirmed 01-08-2017
  • Managing director, from 03-07-2017 not ended, last confirmed 01-08-2017
D&P Retail Solutions
  • Ceo, persoon belast met het dagelijks bestuur, from 28-06-2023 to 07-05-2025
LIVANTO
  • Day-to-day manager, from 25-02-2021 to 28-06-2023
Garden Center Holding NV
  • Director, until 25-02-2021
LIVANTO
  • Permanent representative, from 01-07-2019 ended, last mentioned 08-08-2019
B-YCR
  • Permanent representative, until 07-01-2019
Stefan OLIVIER
  • Statutory auditor, until 14-11-2017
Van Osta Erwin André Mathilda
  • Director, from 01-07-2016 to 03-07-2017
Jeannine de L'Arbre
  • Director, already before 03-05-2010 to 01-07-2016
Sus MERTENS
  • Director, from 09-12-2014 to 01-07-2016
Victor MERTENS
  • Director, already before 03-05-2010 to 01-07-2016
  • Managing director, from 03-05-2010 to 01-07-2016
Bart Dankers
  • Director, already before 03-05-2010 to 09-12-2014
See the board, name and seat on a given date →

Articles of association

Purpose
A. het aankopen, invoeren, verkopen, uitvoeren en/of herstellen van: 1. in kleinhandel: tuingereedschap, tuin- en tuinbouw- en landbouwmachines en materieel…
Full purpose

A. het aankopen, invoeren, verkopen, uitvoeren en/of herstellen van: 1. in kleinhandel: tuingereedschap, tuin- en tuinbouw- en landbouwmachines en materieel; grondverbeteringmiddelen, meststoffen, zaden, bloembollen, tuinbloemen en sierplanten, niet giftige plantenbeschermingsmiddelen en machines en giftige plantenbeschermingsmiddelen; 2. in groothandel: sierplanten, rozen en bomen. B. Onderneming voor het aanlegen en onderhouden van speelpleinen, sportvelden, parken, tuinen en bossen, vijvers en zwembaden. Afsluitingen plaatsen, wegeniswerken en alle verhardingswerken. C. Het uitbaten van boom- en plantenkwekerij. D. Het leveren en plaatsen van tuinhuisjes, garages en chalets. E. De onderneming heeft als bijkomend, sociaal geïnspireerd doel dat zij wenst aanwervingen te doen van mensen uit de kansengroepen en hen ook de vereiste opleidingen wenst te geven. Dit vanuit het standpunt van duurzaam ondernemen. Zij mag daarenboven alle handelingen van commerciële, industriële, roerende, onroerende of financiële aard uitvoeren die rechtstreeks of onrechtstreeks betrekking hebben op het voorwerp van de vennootschap. Zij mag zich namelijk betrekken door middel van inbrengsten, onderschrijvingen, financiële tussenkomsten, of op elke andere wijze, in alle vennootschappen of ondernemingen die geheel of gedeeltelijk een gelijkaardig of gelijklopend doel hebben als zij zelf, zowel in België als in het buitenland, of die van aard zijn om de uitbreiding en de ontwikkeling ervan te bevorderen.

Structure & network

Part of the group GARDEN CENTER HOLDING 22 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. GARDEN CENTER HOLDING 100%
  2. GARDEN CENTER OLEN

Highest known parent: GARDEN CENTER HOLDING. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of GARDEN CENTER OLEN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

11 connected companies

Acquisitions and mergers

1 transaction
Split off to:GOLDIE
BE 0437.121.986partial demerger · State Gazette act of 20-09-2017 (2 acts) · effective 31-07-2017

Capital and shareholders

Capital over the years
  1. 20-09-2017 Capital reduction of 38,331.64 EUR · to 120,320.32 EUR · “zonder vernietiging van aandelen”, “doch met evenredige vermindering van de fractiewaarde van de bestaande aandelen”
  2. 23-06-2017 Capital reduction of 38,331.54 EUR · to 120,320.32 EUR
  3. 28-09-2011 Capital stated in the act · 158,651.86 EUR · 3,200 shares

Recognitions · licences · registrations

Food safety, FASFC

1 site
Olen2.016.029.588
7 permissions
Detailhandelaar petfood · since 01-07-2016
Detailhandelaar voedermiddelen · since 01-07-2016
Detailhandel mengvoeders vee · since 18-04-2014
and 4 more

Similar companies · same sector, comparable size

Of 3,388 companies in this sector we hold annual accounts for 1,159. 618 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded01-03-1979
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
31009Manufacture of furniture
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0419253893
Also 9925:BE0419253893
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.