Skip to content

PATHCO

Active Private limited companyfounded 2012active for 14 yearsHeerweg 79, 1650 BeerselKBO/BCE: BE 0846.353.605
PATHCO
Financial year 2025
Follow ReportCompare

Annual accounts 2025

micro format, filed on 27-05-2026, 27 days late
€73,608
▲ 222%
€32,029
▲ €50,913
€30,059
▲ €51,777
€305
▲ €20,152
-18.7%
▲ 13.3 percentage points
1.01
▲ 0.43

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €220,000. Estimated: probably between €150,000 and €380,000.

Balance sheet

balance sheet total €149,957 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-18.7%

Higher than 12% of 4,566 companies in 2025.

1.01

Higher than 25% of 4,382 companies in 2025.

20.0%

Higher than 67% of 4,417 companies in 2025.

PATHCO Middle half of the sector 80% of the sector Micro accounts in other professional activities (NACE 74)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 149,957181,760180,312206,553218,862258,692321,469283,187359,712366,586398,516381,805374,947
21/28 121,881154,652158,846175,980181,123209,452244,204241,609259,661-291,334303,811305,452
21 -----10,46920,934------
22/27 121,881154,652158,846175,980181,123198,983223,270241,609259,661283,959291,334303,811305,452
22 58,15870,61783,07795,537107,996120,456132,915145,375157,835170,294170,294182,754195,214
23 6222531,4292,6041,2041,6315,0064,286829----
24 29,02142,54825,95422,3009,2307,0518,3507,7969,69315,20822,58215,4476,305
26 34,08041,23348,38655,53962,69269,84576,99884,15191,30498,45798,457105,610103,933
29/58 28,07527,10821,46630,57337,73949,24077,26541,578100,05182,627107,18277,99469,495
40/41 16,6127,72815,56823,18421,66818,19133,78421,14528,67357,59667,39141,97048,541
40 16,6127,72815,56823,18421,66818,19133,78421,14528,67357,59667,39141,97048,541
54/58 10,94219,3805,8997,39016,07131,05043,48120,43371,37925,03139,79033,06120,953
490/1 522----------2,963-
Balance sheet: equity and liabilities
10/49 149,957181,760180,312206,553218,862258,692321,469283,187359,712366,586398,516381,805374,947
10/15 -28,089-58,147-66,429-29,416-34,169-30,946-5,662-14,51821,27816,22226,56823,76223,252
10/11 20,00020,00020,00020,00020,00020,00020,00020,00020,000-20,00020,00020,000
10 ---------20,000---
100 ------20,00020,00020,00020,00020,00020,00020,000
13 6,0006,0006,0006,0006,0006,0006,0006,0006,0006,0006,0003,0003,000
130/1 --2,0002,0002,0002,000-------
130 ------2,0002,0002,0002,0002,0001,0001,000
1311 --2,0002,0002,0002,000-------
133 6,0006,0004,0004,0004,0004,0004,0004,0004,0004,0004,0002,0002,000
14 -54,089-84,147-92,429-55,416-60,169-56,946-31,662-40,518-4,722-9,778568762252
17/49 178,046239,908246,741235,969253,031289,638327,131297,705338,434350,364371,947358,043351,695
17 150,275192,952210,141189,342214,000231,830255,107227,699163,654179,029193,845208,123221,881
170/4 150,275192,952210,141189,342214,000231,830255,107227,699163,654179,029193,845208,123221,881
42/48 27,77146,95636,59946,62739,03057,80872,02470,006174,780171,335178,102149,920129,813
42 20,67719,92525,35624,65823,92523,27722,59215,95515,37514,81614,27813,75913,258
44 1761,5132,2283,6593,0444,53618,0861,2881,6257751,28120,3732,477
440/4 1761,5132,2283,6593,0444,53618,0861,2881,6257751,28120,3732,477
45 6,5681,7644,10912,8514,3605,7192,5772,5154,8802,4667,8634,4745,442
450/3 6,5681,7644,1093,4514,3605,7192,5772,5154,8802,4667,8634,4745,442
454/9 ---9,400---------
47/48 35023,7554,9065,4597,70124,27628,77050,248152,899153,278154,681111,315108,636
Income statement
76A 31,890------------
9900 73,60822,8865,99711,13943,78426,15661,9485,56647,92510,70148,24040,34373,542
630 36,81237,27435,08428,05737,80040,48142,37030,15829,29012,59831,31328,50153,686
640/8 4,7684,4974,3273,7164,0705,3195,0374,6116,6291,0233,3212,8773,366
9901 32,029-18,885-33,414-20,6341,914-19,64414,541-29,20312,006-2,92013,6058,96416,490
75/76B 31081030202132791901-47424356
75 310810302021327919014347424356
65/66B 1,8322,8293,5794,5155,0365,7245,8006,3816,952-8,0588,49711,340
65 1,8322,8293,5794,5155,0365,7245,8006,3816,9527,4798,0588,49711,340
9903 30,199-21,606-36,890-25,148-3,103-25,1559,020-35,3945,056-10,3566,0214925,506
67/77 14111312299120130163402--103,215-182,254
9904 30,059-21,719-37,013-25,247-3,223-25,2848,857-35,7965,056-10,3462,8065103,252
9905 30,059-21,719-37,013-25,247-3,223-25,2848,857-35,7965,056-10,3462,8065103,252
Appropriation of the result
9906 -54,089-114,147-92,429-85,416-60,169-56,946-31,662-40,518-4,722-9,7783,5687623,252
14P -84,147-92,429-55,416-60,169-56,946----568---
691/2 ----------3,000-3,000
6920 ----------1,000-1,000
6921 ----------2,000-2,000
794 -30,000-30,000---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 27-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00124572.

Financial year Type Filed Reference Document
30-09-2025 micro format 27-05-2026 2026-00124572 PDF
30-09-2024 micro format 06-05-2025 2025-00090625 PDF
30-09-2023 micro format 01-05-2024 2024-00081982 PDF
30-09-2022 micro format 28-04-2023 2023-00070995 PDF
30-09-2021 micro format 13-05-2022 2022-20027374 PDF
30-09-2020 micro format 29-04-2021 2021-12700062 PDF
30-09-2019 micro format 13-05-2020 2020-12200024 PDF
30-09-2018 micro format 08-05-2019 2019-12800107 PDF
30-09-2017 micro format 16-05-2018 2018-12900160 PDF
30-09-2016 abbreviated format 01-05-2017 2017-11100229 PDF
30-09-2015 abbreviated format 11-04-2016 2016-09800503 PDF
30-09-2014 abbreviated format 29-03-2015 2015-08300493 PDF
30-09-2013 abbreviated format 02-06-2014 2014-14100465 PDF

Subsidies and aid

Flemish government 2023, 1 entry, €144 awarded, €144 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€144

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
68,84018,3891,6707,42339,71420,83756,91195641,2969,67844,91837,46670,176
66,87015,555-1,9292,81034,57715,19751,227-5,63834,3462,25234,11929,01156,938
4,04133,07917,95022,91410,6706,94845,38012,1074,9926,49118,83626,861359,138
-8,43813,482-1,491-8,681-14,979-12,43123,048-50,94646,348-14,7596,72912,108-
305-19,847-15,133-16,054-1,291-8,5675,241-28,429-74,729-88,708-70,921-71,926-60,319
-18.7%-32.0%-36.8%-14.2%-15.6%-12.0%-1.8%-5.1%5.9%4.4%6.7%6.2%6.2%
1.010.580.590.660.970.851.070.590.570.480.600.520.54
--------15.9121.6014.0015.0715.13
--------23.8%-63.8%10.6%2.1%14.0%
20.0%-11.9%-20.5%-12.2%-1.5%-9.8%2.8%-12.6%1.4%-2.8%0.7%0.1%0.9%
37.576.500.471.647.89----1.29---

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€4,041€33,079€17,950€22,914€10,670
€36,812€37,274€35,084€28,057€37,800

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PATHCO

The operating result for 2025 is a profit of €32,029, after a loss of €18,885 in 2024. It is the highest result since 2013.

Equity is negative. Debt (€178,046) exceeds the balance-sheet total (€149,957).

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

We would like to set cookies. That happens only with your consent. What we measure