PATH
0465.548.233 · rovalta.com · 21/09/2026
ACTIVE
PATH
Financial year 2025 · closed on 31/12/2025
Net result
-73,1 k €
-42.8% YoY
Gross margin
10,0 k €
-76.8% YoY
Equity
-136,9 k €
-114.6% YoY
Workforce
2,0 ETP
-9.1% YoY
Overview
What does PATH do?
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
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Activities (NACE)
46494Wholesale of other household goods· main46494Wholesale of other household goods46779Wholesale of waste and scrap46879Wholesale trade, except of motor vehicles and motorcycles51441Air transport47762Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores+2
Joint committees (3)
- 100
- 200
- 218
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 10,0 k € | -76.8% | 43,0 k € | +315% | 10,4 k € | +123% | -45,3 k € | -154% | 84,3 k € | -36.4% | 132,5 k € | -35.9% | 206,6 k € | +432% | 38,8 k € | -89.7% | 377,0 k € | +19.5% | 315,6 k € | -13.9% | 366,5 k € | +18.6% | 309,1 k € | -41.6% | 529,0 k € | -27.9% | 734,2 k € | +10.0% | 667,2 k € | +9.1% | 611,7 k € | +22.9% | 497,7 k € | +15.2% | 431,8 k € | +123% | 193,3 k € | +54.6% | 125,0 k € |
| EBITDA | -61,6 k € | -70.0% | -36,2 k € | +46.3% | -67,5 k € | +49.9% | -134,8 k € | -4823% | 2,9 k € | -94.9% | 56,1 k € | -28.7% | 78,7 k € | +172% | -108,9 k € | -156% | 195,6 k € | +98.7% | 98,4 k € | -58.3% | 235,9 k € | +50.4% | 156,9 k € | -53.9% | 339,9 k € | -34.5% | 519,1 k € | +28.5% | 403,8 k € | +0.6% | 401,4 k € | +28.7% | 311,9 k € | +5.3% | 296,2 k € | +174% | 107,9 k € | +117% | 49,6 k € |
| Operating result | -74,7 k € | -49.4% | -50,0 k € | +41.5% | -85,5 k € | +42.4% | -148,3 k € | -325% | -34,9 k € | -478% | 9,2 k € | -58.8% | 22,4 k € | +113% | -178,0 k € | -272% | 103,7 k € | +565% | -22,3 k € | -127% | 81,8 k € | +252% | -53,7 k € | -149% | 110,4 k € | -52.5% | 232,3 k € | +355% | 51,0 k € | -37.1% | 81,2 k € | +26.6% | 64,1 k € | -2.1% | 65,5 k € | +153% | 25,9 k € | +180% | 9,2 k € |
| Net result | -73,1 k € | -42.8% | -51,2 k € | +42.7% | -89,4 k € | +41.6% | -153,1 k € | -288% | -39,5 k € | -6685% | 599,3 € | -98.1% | 31,0 k € | +117% | -187,8 k € | -393% | 64,1 k € | +407% | -20,9 k € | -139% | 53,0 k € | +593% | 7,6 k € | -89.6% | 73,7 k € | -49.2% | 145,2 k € | +1010% | 13,1 k € | -53.1% | 27,9 k € | -8.2% | 30,4 k € | +133% | 13,0 k € | +36.9% | 9,5 k € | +202% | 3,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | -136,9 k € | -115% | -63,8 k € | -406% | -12,6 k € | -116% | 76,8 k € | -66.6% | 229,9 k € | -14.6% | 269,4 k € | +0.2% | 268,8 k € | +13.0% | 237,8 k € | -44.1% | 425,6 k € | +17.7% | 361,5 k € | -5.5% | 382,3 k € | +16.1% | 329,4 k € | +2.4% | 321,8 k € | +29.7% | 248,1 k € | +141% | 102,9 k € | +14.6% | 89,8 k € | +45.0% | 61,9 k € | +96.2% | 31,6 k € | +70.3% | 18,5 k € | +106% | 9,0 k € |
| Total assets | 602,2 k € | -5.9% | 639,8 k € | +4.5% | 612,3 k € | -10.8% | 686,3 k € | -23.3% | 895,2 k € | -2.3% | 916,4 k € | -6.8% | 983,8 k € | +1.2% | 971,8 k € | -33.3% | 1,5 M € | +20.8% | 1,2 M € | +16.6% | 1,0 M € | +3.8% | 996,5 k € | +19.6% | 833,4 k € | -22.2% | 1,1 M € | +15.9% | 924,1 k € | +5.1% | 879,0 k € | -1.4% | 891,1 k € | +24.9% | 713,6 k € | +62.2% | 440,0 k € | +10.4% | 398,6 k € |
| Cash | 29,2 k € | +66.5% | 17,5 k € | +11.1% | 15,8 k € | -75.2% | 63,5 k € | +149% | 25,5 k € | -53.6% | 54,9 k € | +0.9% | 54,4 k € | -60.7% | 138,5 k € | -10.9% | 155,5 k € | -24.7% | 206,4 k € | +303% | 51,2 k € | -74.6% | 201,7 k € | +64.5% | 122,6 k € | -69.9% | 406,7 k € | +93.0% | 210,7 k € | +19.3% | 176,6 k € | -23.1% | 229,5 k € | +183% | 81,2 k € | -0.7% | 81,8 k € | -32.8% | 121,8 k € |
| Debts | 739,2 k € | +5.1% | 703,6 k € | +12.6% | 624,9 k € | +2.5% | 609,5 k € | -8.4% | 665,2 k € | +2.8% | 647,0 k € | -9.5% | 715,0 k € | -2.6% | 734,0 k € | -28.0% | 1,0 M € | +20.7% | 845,1 k € | +29.6% | 652,0 k € | -2.2% | 667,0 k € | +30.9% | 509,4 k € | -37.5% | 815,1 k € | -0.5% | 819,0 k € | +4.1% | 786,7 k € | -4.4% | 822,9 k € | +22.9% | 669,7 k € | +59.4% | 420,1 k € | +9.4% | 383,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 2,0 ETP | -9.1% | 2,2 ETP | -15.4% | 2,6 ETP | 0.0% | 2,6 ETP | -16.1% | 3,1 ETP | -13.9% | 3,6 ETP | -16.3% | 4,3 ETP | -10.4% | 4,8 ETP | – | 5,6 ETP | +16.7% | 4,8 ETP | -22.6% | 6,2 ETP | -6.1% | 6,6 ETP | -24.1% | 8,7 ETP | -2.2% | 8,9 ETP | +15.6% | 7,7 ETP | +2.7% | 7,5 ETP | +50.0% | 5,0 ETP | +72.4% | 2,9 ETP | +45.0% | 2,0 ETP | ||
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 7 ended
Active mandates
THI HONG THEU LE
ActiveEnded mandates
Hong The le Thi
EndedHong The Le Thi
EndedHong Theu le Thi
EndedHong Theu Le Thi
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
V.H.S. EUROP● Active | 0453.514.887 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/08/2026 | 25/09/2025 | 28/08/2024 | 29/08/2023 | 19/08/2022 | 30/08/2021 |
| General meeting | 13/06/2026 | 14/06/2025 | 08/06/2024 | 10/06/2023 | 11/06/2022 | 12/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 13/06/2026 | 13/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 14/06/2025 | 25/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 08/06/2024 | 28/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 10/06/2023 | 29/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 11/06/2022 | 19/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 12/06/2021 | 30/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/08/2020 | 02/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 08/06/2019 | 29/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 27/09/2018 | 18/02/2019 | Dutch | |
| Abridged model | 31/12/2016 | 26/09/2017 | 07/11/2017 | Dutch | |
| Abridged model | 31/12/2015 | 05/10/2016 | 10/10/2016 | Dutch | |
| Abridged model | 31/12/2014 | 23/10/2015 | 26/10/2015 | Dutch | |
| Abridged model | 31/12/2013 | 18/09/2014 | 30/09/2014 | Dutch | |
| Abridged model | 31/12/2012 | 16/09/2013 | 27/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 13/09/2012 | 27/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/08/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/08/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/10/2009 | 29/10/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 30/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 20/07/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 7 ended
Active mandates
THI HONG THEU LE
ActiveEnded mandates
Hong The le Thi
EndedHong The Le Thi
EndedHong Theu le Thi
EndedHong Theu Le Thi
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-73,1 k €↓
- 2024Annual accounts 2024-51,2 k €↑
- 2023Annual accounts 2023-89,4 k €↑
- 2022Annual accounts 2022-153,1 k €↓
- 2021Annual accounts 2021-39,5 k €↓
- 2020Annual accounts 2020599,3 €↓
- 2019Annual accounts 201931,0 k €↑
- 2018Annual accounts 2018-187,8 k €↓
- 2017Annual accounts 201764,1 k €↑
- 2016Annual accounts 2016-20,9 k €↓
- 2015Annual accounts 201553,0 k €↑
- 2014Annual accounts 20147,6 k €↓
- 2013Annual accounts 201373,7 k €↓
- 2012Annual accounts 2012145,2 k €↑
- 2011Annual accounts 201113,1 k €↓
- 2010Annual accounts 201027,9 k €↓
- 2009Annual accounts 200930,4 k €↑
- 2008Annual accounts 200813,0 k €↑
- 2007Annual accounts 20079,5 k €↑
- 2006Annual accounts 20063,2 k €
- 23/03/1999IncorporationPrivate company with limited liability