ACTIVE

PATH

Financial year 2025 · Closed on 31/12/2025

Net result-73,1 k €-42,8 %over 1 year
Gross margin10 k €-76,8 %over 1 year
Equity-136,9 k €-114,6 %over 1 year
Workforce2,0 ETP-9,1 %over 1 year

Identity

Source · BCE/KBO

PATH is a Private company with limited liability incorporated in 1999. Its main activity is: Wholesale of other household goods. Its registered office is in Sint-Niklaas. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.548.233
Incorporation
23/03/1999
Legal form
Private company with limited liability
Registered office
Eigenlostraat 31
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (3)
  • 100
  • 200
  • 218

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin10 k €43 k €10,4 k €-45,3 k €84,3 k €
EBITDA-61,6 k €-36,2 k €-67,5 k €-134,8 k €2,9 k €
Operating result-74,7 k €-50 k €-85,5 k €-148,3 k €-34,9 k €
Net result-73,1 k €-51,2 k €-89,4 k €-153,1 k €-39,5 k €
Balance sheet
Equity-136,9 k €-63,8 k €-12,6 k €76,8 k €229,9 k €
Total assets602,2 k €639,8 k €612,3 k €686,3 k €895,2 k €
Cash29,2 k €17,5 k €15,8 k €63,5 k €25,5 k €
Debts739,2 k €703,6 k €624,9 k €609,5 k €665,2 k €
Other
Workforce2,0 ETP2,2 ETP2,6 ETP2,6 ETP3,1 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

THI HONG THEU LE

Manager · since 23 mars 1999

Active

Ended mandates

Hong The le Thi

Chair of statutory auditors

Ended
Hong The Le Thi

Chairman of the board of directors

Ended
Hong Theu le Thi

Chair of statutory auditors

Ended
Hong Theu Le Thi

Manager

Ended

Other companies at this address

Eigenlostraat 31 9100 Sint-Niklaas
CompanyCBE no.
V.H.S. EUROP● Active
0453.514.887

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/08/202625/09/202528/08/202429/08/202319/08/202230/08/2021
General meeting13/06/202614/06/202508/06/202410/06/202311/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202513/06/202613/08/2026DutchPDF
Abridged model31/12/202414/06/202525/09/2025DutchPDF
Abridged model31/12/202308/06/202428/08/2024DutchPDF
Abridged model31/12/202210/06/202329/08/2023DutchPDF
Abridged model31/12/202111/06/202219/08/2022DutchPDF
Abridged model31/12/202012/06/202130/08/2021DutchPDF
Abridged model31/12/201904/08/202002/09/2020DutchPDF
Abridged model31/12/201808/06/201929/08/2019DutchPDF
Abridged model31/12/201727/09/201818/02/2019DutchPDF
Abridged model31/12/201626/09/201707/11/2017DutchPDF
Abridged model31/12/201505/10/201610/10/2016DutchPDF
Abridged model31/12/201423/10/201526/10/2015DutchPDF
Abridged model31/12/201318/09/201430/09/2014DutchPDF
Abridged model31/12/201216/09/201327/09/2013DutchPDF
Abridged model31/12/201113/09/201227/09/2012DutchPDF
Abridged model31/12/201030/08/201131/08/2011DutchPDF
Abridged model31/12/200921/08/201031/08/2010DutchPDF
Abridged model31/12/200812/10/200929/10/2009DutchPDF
Abridged model31/12/200730/06/200830/07/2008DutchPDF
Abridged model31/12/200630/06/200720/07/2007DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

THI HONG THEU LE

Manager · since 23 mars 1999

Active

Ended mandates

Hong The le Thi

Chair of statutory auditors

Ended
Hong The Le Thi

Chairman of the board of directors

Ended
Hong Theu le Thi

Chair of statutory auditors

Ended
Hong Theu Le Thi

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office19/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/05/2017
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares10/04/2006
    DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-73,1 k €↓
  2. 2024
    Annual accounts 2024-51,2 k €↑
  3. 2023
    Annual accounts 2023-89,4 k €↑
  4. 2022
    Annual accounts 2022-153,1 k €↓
  5. 2021
    Annual accounts 2021-39,5 k €↓
  6. 2020
    Annual accounts 2020599,3 €↓
  7. 2019
    Annual accounts 201931 k €↑
  8. 2018
    Annual accounts 2018-187,8 k €↓
  9. 2017
    Annual accounts 201764,1 k €↑
  10. 2016
    Annual accounts 2016-20,9 k €↓
  11. 2015
    Annual accounts 201553 k €↑
  12. 2014
    Annual accounts 20147,6 k €↓
  13. 2013
    Annual accounts 201373,7 k €↓
  14. 2012
    Annual accounts 2012145,2 k €↑
  15. 2011
    Annual accounts 201113,1 k €↓
  16. 2010
    Annual accounts 201027,9 k €↓
  17. 2009
    Annual accounts 200930,4 k €↑
  18. 2008
    Annual accounts 200813 k €↑
  19. 2007
    Annual accounts 20079,5 k €↑
  20. 2006
    Annual accounts 20063,2 k €
  21. 23/03/1999
    IncorporationPrivate company with limited liability