PATHKEEPER ADVISORY
Dissolved and wound up on 26-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-03-2026 at the NBB
Turnover
≈ €100,000
Estimated: probably between €62,000 and €180,000
Total assets
€40,478
Net result
€17,570
Working capital
€29,176
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €40,478
Fixed assets
€764
Current assets
€39,714
Equity and liabilities €40,478
Equity
€22,570
Debt
€17,907
Debt's share of the balance-sheet total is 44.2%.
Key figures and ratios
EBITDA
€25,181
Cash flow
€17,880
Current ratio
3.77
Debt to equity
0.79
ROE
77.8%
ROA
43.4%
Interest coverage
58.03
Debt ≤ 1 year
€10,538
Income taxes
€6,975
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,074 |
| Depreciation and write-downs of the year | €310 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €310 |
| Other operating charges640/8 | €375 |
| Gross operating margin9900 | €25,555 |
| Operating profit (loss)9901 | €24,871 |
| Financial income75/76B | €108 |
| Recurring financial income75 | €108 |
| Financial charges65/66B | €434 |
| Recurring financial charges65 | €434 |
| Profit (loss) for the period before taxes9903 | €24,545 |
| Income taxes67/77 | €6,975 |
| Profit (loss) for the period9904 | €17,570 |
| Profit (loss) for the period to be appropriated9905 | €17,570 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €40,478 | |
| Fixed assets21/28 | €764 | |
| Tangible fixed assets22/27 | €764 | |
| Furniture and vehicles24 | €764 | |
| Current assets29/58 | €39,714 | |
| Cash at bank and in hand54/58 | €39,691 | |
| Deferred charges and accrued income490/1 | €23 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €40,478 | |
| Equity10/15 | €22,570 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €17,570 | |
| Distributable reserves133 | €17,570 | |
| Amounts payable17/49 | €17,907 | |
| Amounts payable within one year42/48 | €10,538 | |
| Trade debts44 | €3,558 | |
| Suppliers440/4 | €3,558 | |
| Taxes, remuneration and social security45 | €6,980 | |
| Taxes450/3 | €6,980 | |
| Accrued charges and deferred income492/3 | €7,370 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €17,570 |
| + Depreciation and write-downs630 | €310 |
| Operating cash flow (approximation) | €17,880 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-03-2026 | 2026-00051884 |