What does NISPATH do?

NISPATH is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 19 December 2011, 1 establishment.

What is the address of NISPATH?

The registered office of NISPATH is located at Nispert 1, 4700 Eupen.

Is NISPATH still active?

Yes. According to the CBE (29 October 2026) NISPATH is active, legal situation “Normale toestand”, started on 19 December 2011.

Is NISPATH registered on Peppol?

Yes, NISPATH is registered on the Peppol network with ID 0208:0842987903.

What is the enterprise number of NISPATH?

The enterprise number of NISPATH is BE0842987903.

When was NISPATH founded?

NISPATH was founded on 19 December 2011.

Who are the directors of NISPATH?

According to the 2025 annual accounts, the directors of NISPATH are: Mareike Lambertz, Paul Thönnes.

Is NISPATH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 2011; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did NISPATH make in 2025?

NISPATH posted a profit after taxes of € 16,871 in financial year 2025.

What is the revenue of NISPATH?

As a small company, NISPATH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 218,899.

How many employees does NISPATH have?

According to the 2025 annual accounts, NISPATH has 0.9 full-time equivalents (FTE).

NISPATH (Private Limited) - Eupen - BE0842987903

Dossier NISPATH, printed on 29 October 2026 from databakkes.be/en/0842987903/nispath. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

NISPATH from Eupen, company number BE0842987903, closed financial year 2025 with a result of € 16,871 after tax. For that financial year NISPATH recorded a gross margin of € 218,899 and equity of € 346,873. Compared with financial year 2024, the result moved from € -66,652 to € 16,871. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Growing

€ 346,873

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 16,871

▲ still € 66,652 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 300

▼ € 80,292 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -38,127.

People and assets in 2025

Full-time equivalents

0.9

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 94,742

▲ 75% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 8,224

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 684,187

▼ 8% vs 2024

€ 2,475 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 49,804

▲ 141% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 56,867

▼ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 61,741 Gross margin 2022: € 61,741 First fiscal year in the series	€ 202,743 Gross margin 2023: € 202,743 ▲ 228% vs 2022 (€ 61,741) Favourable step	€ 175,410 Gross margin 2024: € 175,410 ▼ 13% vs 2023 (€ 202,743) Unfavourable step	€ 218,899 Gross margin 2025: € 218,899 ▲ 25% vs 2024 (€ 175,410) Favourable step	▲ 25%
Profit after taxes	€ -2,580 Profit after taxes 2022: € -2,580 First fiscal year in the series	€ -312,383 Profit after taxes 2023: € -312,383 ▼ € 309,803 vs 2022 (€ -2,580) Unfavourable step	€ -66,652 Profit after taxes 2024: € -66,652 ▲ € 245,731 vs 2023 (€ -312,383) Favourable step	€ 16,871 Profit after taxes 2025: € 16,871 ▲ € 83,523 vs 2024 (€ -66,652) Favourable step	▲ € 83,523
Equity	€ 735,474 Equity 2022: € 735,474 First fiscal year in the series	€ 396,653 Equity 2023: € 396,653 ▼ 46% vs 2022 (€ 735,474) Unfavourable step	€ 330,002 Equity 2024: € 330,002 ▼ 17% vs 2023 (€ 396,653) Unfavourable step	€ 346,873 Equity 2025: € 346,873 ▲ 5% vs 2024 (€ 330,002) Favourable step	▲ 5%
Total debts	€ 658,023 Total debts 2022: € 658,023 First fiscal year in the series	€ 716,760 Total debts 2023: € 716,760 ▲ 9% vs 2022 (€ 658,023) Unfavourable step	€ 1,294,669 Total debts 2024: € 1,294,669 ▲ 81% vs 2023 (€ 716,760) Unfavourable step	€ 1,442,702 Total debts 2025: € 1,442,702 ▲ 11% vs 2024 (€ 1,294,669) Unfavourable step	▲ 11%
Cash	€ 2,616 Cash 2022: € 2,616 First fiscal year in the series	€ 3,028 Cash 2023: € 3,028 ▲ 16% vs 2022 (€ 2,616) Favourable step	€ 80,592 Cash 2024: € 80,592 ▲ € 77,564 vs 2023 (€ 3,028) Favourable step	€ 300 Cash 2025: € 300 ▼ € 80,292 vs 2024 (€ 80,592) Unfavourable step	▼ € 80,292
Land & buildings	€ 74,758 Land & buildings 2022: € 74,758 First fiscal year in the series	€ 37,744 Land & buildings 2023: € 37,744 ▼ 50% vs 2022 (€ 74,758) Unchanged	€ 35,757 Land & buildings 2024: € 35,757 ▼ 5% vs 2023 (€ 37,744) Unchanged	€ 33,771 Land & buildings 2025: € 33,771 ▼ 6% vs 2024 (€ 35,757) Unchanged	▼ 6%
Retained profit	€ 382,191 Retained profit 2022: € 382,191 First fiscal year in the series	€ 46,653 Retained profit 2023: € 46,653 ▼ 88% vs 2022 (€ 382,191) Unfavourable step	€ -54,998 Retained profit 2024: € -54,998 ▼ € 101,652 vs 2023 (€ 46,653) Unfavourable step	€ -38,127 Retained profit 2025: € -38,127 ▲ € 16,871 vs 2024 (€ -54,998) Favourable step	▲ € 16,871
Bank debt	€ 96,666 Bank debt 2022: € 96,666 First fiscal year in the series	€ 76,666 Bank debt 2023: € 76,666 ▼ 21% vs 2022 (€ 96,666) Favourable step	€ 743,220 Bank debt 2024: € 743,220 ▲ € 666,553 vs 2023 (€ 76,666) Unfavourable step	€ 684,187 Bank debt 2025: € 684,187 ▼ 8% vs 2024 (€ 743,220) Favourable step	▼ 8%
Balance sheet total	€ 1,405,420 Balance sheet total 2022: € 1,405,420 First fiscal year in the series	€ 1,113,413 Balance sheet total 2023: € 1,113,413 ▼ 21% vs 2022 (€ 1,405,420) Unchanged	€ 1,624,671 Balance sheet total 2024: € 1,624,671 ▲ 46% vs 2023 (€ 1,113,413) Unchanged	€ 1,789,574 Balance sheet total 2025: € 1,789,574 ▲ 10% vs 2024 (€ 1,624,671) Unchanged	▲ 10%
Employees (FTE)	0.5 Employees (FTE) 2022: 0.5 First fiscal year in the series	0.7 Employees (FTE) 2023: 0.7 ▲ 0.2 vs 2022 (0.5) Unchanged	0.7 Employees (FTE) 2024: 0.7 Unchanged (0.7) Unchanged	0.9 Employees (FTE) 2025: 0.9 ▲ 0.2 vs 2024 (0.7) Unchanged	▲ 0.2

Key figures of NISPATH, 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 NISPATH?

What happened at NISPATH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: profit of € 16,871. Source: NBB ↗
2020 Mareike Lambertz became a director. NBB
Dec 19, 2011 New establishment in Eupen. KBO
2011 Paul Thönnes became a director. NBB
Dec 19, 2011 Start of the company according to the CBE. KBO

In short

From € 2,580 loss in 2022 to € 16,871 profit in 2025.

Paid € 44,195 in corporate taxes since 2022.

Best year ever: 2025, with € 16,871 profit.

Original PDFs at the National Bank ↗

Management

Mareike Lambertz

Paul Thönnes

NISPATH

Sägewerk und Holzhandel Paul Pankert & Thönnes 100%

Thönnes Immobilien 76.5%

Eupen Holz 40%

Behind NISPATH are Mareike Lambertz and Paul Thönnes. It owns 100% of Sägewerk und Holzhandel Paul Pankert & Thönnes, 76.5% of Thönnes Immobilien and 40% of Eupen Holz itself.

Directors

According to the 2025 annual accounts

Mareike Lambertz

Director

since 2020

Paul Thönnes

Administrator-manager

Also active at: SÄGEWERK UND HOLZHANDEL GmbH Paul Pankert – Axel Thönnes Nachf., ETMA AG, EUPEN HOLZ, THÖNNES IMMOBILIEN

since 2011

Establishments

Establishment units

Physical locations of this company

Registered office

Nispert 1

4700 Eupen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

SÄGEWERK UND HOLZHANDEL GmbH Paul Pankert – Axel Thönnes Nachf. same network

€ -4,158 gross margin · 2025

EUPEN HOLZ same network

€ 223,574 gross margin · 2025

THÖNNES IMMOBILIEN same network

€ 24,941 gross margin · 2025

TOLAUPA ORGANICS

€ 135,777 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0842.987.903

VAT number

BE 0842.987.903

Registered office

Nispert 1, 4700 Eupen

Names & denominations

NISPATH

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 December 2011

Peppol

Active · Active since 14 Nov 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

Handel in eigen onroerend goed

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

NISPATH

Financials

What happened to NISPATH?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions