ACTIVE

PATHOMATION

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Financial year 2025 · closed on 31/12/2025
Net result
-402,3 k €
-5845.5% YoY
Gross margin
568,2 k €
-17.0% YoY
Equity
890,6 k €
-31.1% YoY
Workforce
7,4 ETP
+42.3% YoY

What does PATHOMATION do?

PATHOMATION is a Private limited company incorporated in 2012. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 7,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0500.694.204
Incorporation
08/11/2012
Legal form
Private limited company
Registered office
Prinses Joséphine Charlottelaan 10
2600 Antwerpen · FlandreSee on map
Contributed capital
889 920,00 €
Latest accounts
31/12/2025
Average workforce
7,4 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities62020Computer consultancy activities62200Computer programming, consultancy and related activities
Joint committees (1)
  • 20000
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Gross margin568,2 k €684,2 k €739,9 k €445,1 k €610,4 k €193,0 k €175,5 k €162,3 k €56,3 k €-1,6 k €-17,2 k €
EBITDA-51,2 k €272,7 k €329,4 k €66,1 k €448,5 k €124,8 k €94,2 k €102,7 k €14,3 k €-28,2 k €-18,3 k €
Operating result-387,4 k €22,2 k €118,2 k €-119,2 k €310,0 k €38,6 k €52,0 k €70,9 k €-11,0 k €-46,5 k €-20,5 k €
Net result-402,3 k €7,0 k €105,1 k €-125,2 k €268,5 k €36,0 k €37,1 k €68,1 k €-14,0 k €-47,7 k €-20,8 k €
Balance sheet
Equity890,6 k €1,3 M €486,0 k €380,8 k €506,0 k €113,2 k €96,6 k €75,6 k €7,5 k €21,5 k €69,2 k €
Total assets1,7 M €2,6 M €1,1 M €918,2 k €846,5 k €323,0 k €256,3 k €209,7 k €118,2 k €91,7 k €71,1 k €
Cash109,4 k €912,2 k €40,5 k €30,6 k €146,2 k €–28,3 k €5,4 k €5,1 k €10,4 k €12,5 k €
Debts481,5 k €1,1 M €407,3 k €414,3 k €338,1 k €170,0 k €131,0 k €127,8 k €106,9 k €69,2 k €1,9 k €
Other
Workforce7,4 ETP5,2 ETP4,9 ETP4,8 ETP––––1,0 ETP1,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

CellCarta

Director · since 24 avril 2026 · 0474.654.355

Represented by Yannick Waumans

Active
Heitbrink Teixidor SL

Director · since 24 avril 2026 · 1010.241.736

Represented by Filip Heitbrink

Active
HISTODIG

Director · 0832.742.624

Represented by Wim Waelput

Active
KOCKX-CONSULTING

Director · until 24 avril 2026 · 0882.632.197

Represented by Mark Kockx

Active

Ended mandates

HISTODIG

Director · 0832.742.624

Represented by Wim WAELPUT

Ended
HISTODIG

Manager · 0832.742.624

Represented by Wim Waelput

Ended
KOCKX-CONSULTING

Director · 0882.632.197

Represented by Mark KOCKX

Ended
KOCKX-CONSULTING

Director · 0882.632.197

Represented by Mark KOCKX

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date16/07/202611/07/202503/06/202406/07/202331/05/202224/06/2021
General meeting19/06/202607/06/202501/06/202430/06/202305/05/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202616/07/2026DutchPDF
Abridged model31/12/202407/06/202511/07/2025DutchPDF
Abridged model31/12/202301/06/202403/06/2024DutchPDF
Abridged model31/12/202230/06/202306/07/2023DutchPDF
Micro model31/12/202105/05/202231/05/2022DutchPDF
Micro model31/12/202005/06/202124/06/2021DutchPDF
Micro model31/12/201928/07/202018/08/2020DutchPDF
Micro model31/12/201803/05/201914/05/2019DutchPDF
Micro model31/12/201723/06/201820/07/2018DutchPDF
Micro model31/12/201615/06/201710/07/2017DutchPDF
Abridged model31/12/201504/06/201617/06/2016DutchPDF
Abridged model31/12/201417/06/201517/07/2015DutchPDF
Abridged model31/12/201307/06/201414/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 6 ended

Active mandates

CellCarta

Director · since 24 avril 2026 · 0474.654.355

Represented by Yannick Waumans

Active
Heitbrink Teixidor SL

Director · since 24 avril 2026 · 1010.241.736

Represented by Filip Heitbrink

Active
HISTODIG

Director · 0832.742.624

Represented by Wim Waelput

Active
KOCKX-CONSULTING

Director · until 24 avril 2026 · 0882.632.197

Represented by Mark Kockx

Active

Ended mandates

HISTODIG

Director · 0832.742.624

Represented by Wim WAELPUT

Ended
HISTODIG

Manager · 0832.742.624

Represented by Wim Waelput

Ended
KOCKX-CONSULTING

Director · 0882.632.197

Represented by Mark KOCKX

Ended
KOCKX-CONSULTING

Director · 0882.632.197

Represented by Mark KOCKX

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares29/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/02/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Registered office14/07/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/11/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 2025-402,3 k €↓
  2. 2024
    Annual accounts 20247,0 k €↓
  3. 2023
    Annual accounts 2023105,1 k €↑
  4. 2022
    Annual accounts 2022-125,2 k €↓
  5. 2021
    Annual accounts 2021268,5 k €↑
  6. 2018
    Annual accounts 201836,0 k €↓
  7. 2017
    Annual accounts 201737,1 k €↓
  8. 2016
    Annual accounts 201668,1 k €↑
  9. 2015
    Annual accounts 2015-14,0 k €↑
  10. 2014
    Annual accounts 2014-47,7 k €↓
  11. 2013
    Annual accounts 2013-20,8 k €
  12. 08/11/2012
    IncorporationPrivate limited company