Pathmakers
0716.650.549 · rovalta.com · 21/09/2026
ACTIVE
Pathmakers
Financial year 2025 · closed on 31/12/2025
Net result
46,9 k €
+170.5% YoY
Revenue
246,0 k €
+743.6% YoY
Equity
2,7 M €
+3.8% YoY
Overview
What does Pathmakers do?
Pathmakers is a Cooperative society incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0716.650.549
Incorporation
17/12/2018
Legal form
Cooperative society
Registered office
Molenaarsstraat 26
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
3 540 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 7 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||
| Revenue | 246,0 k € | +744% | 29,2 k € | -71.1% | 100,8 k € | +91.8% | 52,6 k € | +34.6% | 39,1 k € | +3154% | 1,2 k € | – | |
| EBITDA | 136,9 k € | +113% | 64,4 k € | -53.2% | 137,4 k € | +190% | -153,4 k € | -1.9% | -150,5 k € | +19.8% | -187,8 k € | +19.9% | -234,4 k € |
| Operating result | 87,9 k € | +661% | 11,6 k € | -86.3% | 84,5 k € | +153% | -158,2 k € | -4.0% | -152,2 k € | +19.6% | -189,1 k € | +19.6% | -235,2 k € |
| Net result | 46,9 k € | +170% | -66,5 k € | -949% | 7,8 k € | +104% | -206,4 k € | -4.3% | -197,8 k € | +15.8% | -234,9 k € | +1.6% | -238,7 k € |
| Balance sheet | |||||||||||||
| Equity | 2,7 M € | +3.8% | 2,6 M € | -2.5% | 2,6 M € | +2.1% | 2,6 M € | -6.9% | 2,8 M € | +405% | 546,4 k € | -28.2% | 761,3 k € |
| Total assets | 8,0 M € | +5.5% | 7,6 M € | +20.0% | 6,3 M € | +115% | 2,9 M € | -2.4% | 3,0 M € | +351% | 666,5 k € | -32.7% | 990,9 k € |
| Cash | 539,0 k € | -6.6% | 577,1 k € | -18.2% | 705,4 k € | -39.7% | 1,2 M € | -56.5% | 2,7 M € | +401% | 537,0 k € | -44.8% | 971,9 k € |
| Debts | 5,3 M € | +7.5% | 4,9 M € | +34.1% | 3,7 M € | +2232% | 158,2 k € | -36.8% | 250,4 k € | +109% | 119,9 k € | -47.3% | 227,7 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 15 ended
Active mandates
Patrick Van De Velde
ActiveJoachim Rummens
ActivePeter Willens
ActiveStefaan Vanhoutte
ActiveDirk Portier
ActiveKoen De Bock
ActiveEnded mandates
Peter Willen
EndedJean-Marie Van Brussel
EndedJean-Marie Van Brussel
EndedHenk Vincent
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
TABOR● Active | 0477.557.130 |
TABOR DEELDIENST● Active | 0687.807.105 |
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 | 10/06/2026 | 04/07/2025 | 25/07/2024 | 26/06/2023 | 28/06/2022 | 18/06/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 07/06/2022 | 08/06/2021 |
| 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
7 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 10/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 04/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 25/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 26/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 28/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 08/06/2021 | 18/06/2021 | Dutch | |
| Full model | 31/12/2019 | 30/06/2020 | 02/07/2020 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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 · 6 active · 15 ended
Active mandates
Patrick Van De Velde
ActiveJoachim Rummens
ActivePeter Willens
ActiveStefaan Vanhoutte
ActiveDirk Portier
ActiveKoen De Bock
ActiveEnded mandates
Peter Willen
EndedJean-Marie Van Brussel
EndedJean-Marie Van Brussel
EndedHenk Vincent
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates24/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates22/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/01/2023ONTSLAGEN - BENOEMINGEN
- Mandates09/12/2022ONTSLAGEN - BENOEMINGEN
- Other28/06/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates09/03/2021ONTSLAGEN - BENOEMINGEN
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 202546,9 k €↑
- 2024Annual accounts 2024-66,5 k €↓
- 2023Annual accounts 20237,8 k €↑
- 2022Annual accounts 2022-206,4 k €↓
- 2021Annual accounts 2021-197,8 k €↑
- 2020Annual accounts 2020-234,9 k €↑
- 2019Annual accounts 2019-238,7 k €
- 17/12/2018IncorporationCooperative society