Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 20.8 to 14.7.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
Pathé Belgique from Charleroi, company number BE0422108960, closed financial year 2025 with a result of € 409,960 after tax. For that financial year Pathé Belgique recorded revenue of € 5.2 million and equity of € 58.8 million. Compared with financial year 2024, the result moved from € -1.2 million to € 409,960. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 58.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 409,960
▲ still € 1.2 million loss in 2024
Profit after tax over the fiscal year.
€ 588,515
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2.7 million.
People and assets in 2025
14.7
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 853,730
▼ 4% vs 2024
€ 58,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 45,581
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37.3 million
Loans from banks and other lenders, long and short.
€ 1.2 million
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 350,209
▲ 142% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,042,161 | € 7,371,059 | € 5,902,694 | € 5,161,518 | ▼ 13% |
| Profit after taxes | € -7,823,106 | € 12,388 | € -1,233,809 | € 409,960 | ▲ € 1.6 million |
| Equity | € 7,226,438 | € 7,199,826 | € 58,427,017 | € 58,797,976 | ▲ 1% |
| Total debts | € 40,120,604 | € 42,370,887 | € 44,758,104 | € 45,351,683 | ▲ 1% |
| Cash | € 1,109,959 | € 914,423 | € 981,842 | € 588,515 | ▼ 40% |
| Land & buildings | € 3,466,013 | € 3,295,532 | € 1,954,010 | € 1,459,276 | ▼ 25% |
| Retained profit | € -2,225,211 | € -2,222,877 | € -3,125,101 | € -2,725,195 | ▲ € 399,906 |
| Bank debt | € 37,252,074 | € 37,252,074 | € 37,252,074 | € 37,252,074 | |
| Balance sheet total | € 47,372,814 | € 49,589,309 | € 103,193,734 | € 104,152,723 | ▲ 1% |
| Employees (FTE) | 24 | 20.8 | 15.9 | 14.7 | ▼ 1.2 |
Key figures of Pathé Belgique, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Pathé Belgique?
What happened at Pathé Belgique in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jacques Hoendervangers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 409,960. Source: NBB ↗
- Marion Giral became a director. NBB
- Jacques Hoendervangers became a director. NBB
- New establishment in Genk. KBO
- New establishment in Maasmechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7.8 million loss in 2022 to € 409,960 profit in 2025.
Paid € 3,368 in corporate taxes since 2022.
Best year ever: 2025, with € 409,960 profit.
Pays suppliers within 104 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Pathé Belgique is Marion Giral. The shares are held by Pathé Cinémas SA (100%). It owns 99.9% of Siniscoop, 99.9% of Cinescope and 75% of Acinacitta itself.
Directors
According to the 2025 annual accounts
Marion Giral
Director
since 2025
Jacques Hoendervangers
Director
since 2024 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Grand'rue 141-143
6000 Charleroi
Zetellaan(E) 74
3630 Maasmechelen
Active since 2 October 2001
C-Mine 1
3600 Genk
Active since 29 December 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.108.960
- VAT number
- BE 0422.108.960
- Registered office
- Grand'rue 141-143, 6000 Charleroi
- Names & denominations
- Pathé Belgique
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1981
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vertoning van films
Vertoning van bioscoopfilms