Equity
€197,281 ▲ 16.1%
PATH paid out €10,000 in dividends. That is 27% of the 2025 profit.
PATH
Lifetime
14 annual accounts with figures on one time axispeak €147,332 (2016)
€53,224▼ 15.3%
lowest -€16,170 (2021)
€37,386▼ 11.0%
peak €197,281 (2025)
€197,281▲ 16.1%
€26,299▲ 6.0%
Board2 names since 2011
2 directors and 1 other
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €62,856 to €53,224Dividend €10,000Equity from €169,894 to €197,281
Key points
from the 2025 annual accountsFilings
14 annual accounts since 2012
The 2025 accounts came 18 days late. The other nine of the last ten were filed on time.
Position in the sector
88.2%
Higher solvency than 86% of companies in head offices and management consultancy. Sector median 55.5% · 41,228 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as PATH has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for PATH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- shareholderdeed of 12-02-2024
- shareholderdeed of 12-02-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0837024777
Capital decrease of €5,350 to €13,250
Capital from €18,600 to €13,250 · Changes of role: (director) and (director) · is a shareholder · General meeting of 01-12-2023 · Gazette deed
Incorporation
published on 28-06-2011 · Gazette deed
First establishment
Rue du Grand Air 20, Chaudfontaine
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PATH Chaudfontaine | €223,580 | €53,224 | 88.2% | - |
| E ² = MC Liège | €241,244 | €51,260 | 68.4% | - |
| SYLVAGRO Nandrin | €234,174 | €50,594 | 45.0% | - |
| SENSELIA Theux | €206,334 | €53,559 | 60.6% | - |
| ALTISAN Saint-Georges-sur-Meuse | €218,585 | €47,899 | 22.9% | - |
| ROTORTECH Neupré | €236,765 | €53,872 | 52.4% | - |
| CAP ENERGIES Visé | €217,299 | €64,830 | 66.2% | - |
These companies have the same main activity as PATH: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €206,000 and €241,000, founded between 2010 and 2013.
Official details
Source: KBO- Status
- Active since 16-06-2011Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.200.281.5834052 Chaudfontaine, since 10-06-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 06-11-2025
Insights on PATH
PATH files the micro format. That format states no turnover. The gross margin rose from -€1,823 in 2012 to €53,224 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PATH
- What is the company number of PATH?
- The company number of PATH is 0837.024.777. The VAT number is the same number with BE in front: BE 0837.024.777.
- Where is PATH based?
- The registered office is at Rue du XIII Août 81, 4050 Chaudfontaine.Company details
- What does PATH do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PATH?
- PATH is a private limited company (BV).
- When was PATH founded?
- PATH was founded on 16-06-2011.
- Is PATH still active?
- Yes, PATH is an active enterprise in the KBO register.
- What is the turnover of PATH?
- The turnover of PATH was €159,248 in financial year 2025, according to the filed annual accounts.Financials
- Is PATH profitable?
- In financial year 2025, PATH made a profit of €37,386.
- Where can I find the annual accounts of PATH?
- PATH filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PATH due?
- PATH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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