NISPATH

Active Risk: not assessed Private limited companyfounded 2011active for 14 yearsNispert 1, 4700 EupenKBO/BCE: BE 0842.987.903 #10 company by total assets in Eupen, Finance and insurance sector

NISPATH

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Holdings

own 2025 accounts, the bar shows equity in euros

This companyNISPATH3 holdings, 1 country 2025 accounts

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

3 holdings

Share, source and own figures per holding (3)

Source for every holding own accounts 2025

SÄGEWERK UND HOLZHANDEL GmbH Paul Pankert – Axel Thönnes Nachf.subsidiary
Equity €46,122 Loss of €3,113 in 2025 (loss of €7,061 in 2024) Checked score 90

100%
THÖNNES IMMOBILIENsubsidiary
Equity €761,217 Loss of €34,864 in 2025 (loss of €25,224 in 2024) Checked score 88

76.47%
EUPEN HOLZ
Equity -€342,030 Profit of €62,726 in 2025 (loss of €137,126 in 2024) Checked score 54

40%

Holdings through the years 2012 to 2025

Holdings through the years
Name	2012	2013	2014	2015	2023	2024
SÄGEWERK UND HOLZHANDEL GmbH Paul Pankert – Axel Thönnes Nachf. 2012 to 2022: 95% 2023 to 2025: 100%	95%				100%
THÖNNES IMMOBILIEN 2013: 95% 2014: 55.88% 2015 to 2025: 76.47%		95%	55.88%	76.47%
EUPEN HOLZ 2013 to 2023: 50% 2024 to 2025: 40%		50%				40%

Source: list of holdings in its own accounts

2 current directors

Depth

The network starts from the directors of NISPATH. Every other company they run is a node.

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