Equity
€478,579 ▼ 8.7%
MAPIDE paid out €81,201 in dividends. That is 228% of the 2025 profit.
MAPIDE
Lifetime
15 annual accounts with figures on one time axispeak €420,518 (2023)
€285,112▲ 9.8%
lowest -€7,678 (2011)
€35,576▲ 44.0%
peak €524,204 (2024)
€478,579▼ 8.7%
€2.2m▲ 48.5%
Board2 names since 2010
2 directorsDesmet Pieterjan and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Result from €24,710 to €35,576Dividend €81,201Debts from €1.5m to €2.2mInvestments €821,920Cash from €317,368 to €37,451
Key points
from the 2025 annual accountsTurnover
≈ €410,000 estimated
The micro format states no turnover.
Debts
€2.2m 82% of the balance sheet
Financial debts 86%Suppliers 0%Taxes and wages 1%Other 12%
Of this, €281,074 falls due within a year.
Investments
€14,776 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
15 annual accounts since 2010
Two of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
€478,579
More equity than 88% of companies in head offices and management consultancy. Sector median €78,218 · 39,392 companies.
Checked score
92
Excellent
Financially stronger than 34% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026highest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.39, cash €37,451, halved
lowers risk
Size: total assets €2.7m
Figures for financial year 2025 (filed on 05-05-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 19% of them on solvency, 57% on liquidity, 43% on profitability and 16% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as MAPIDE has now. Each dot stands for 11 companies, two years later.
98.0%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAPIDE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for MAPIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.51 in 2024), below the usual 1.5. Short-term debt is 10.4% and cash 1.4% of total assets. 82.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 39360 sector peers (2025).
NBB · sector comparisonPosition among 39360 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
41 days early
2023
1 day early
2022
4 days late
2021
31 days late
2020
39 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0824116552
Change of role: Desmet Pieterjan, from director to chair
Appointment: Huertas y Broes Sarah (director) · 18,600 shares · Director discharge: Desmet Pieterjan · Board meeting of 22-03-2023 · Gazette deed
First establishment
Monseigneur De Haernelaan 74, Kortrijk
Incorporation
published on 23-03-2010 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as MAPIDE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.6m and €2.9m, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 19-03-2010Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.188.316.5358500 Kortrijk, since 02-06-2010
- Financial year end
- 30 September
- Peppol
- Reachable since 12-09-2025
Annual accounts to 30-09-2025
- €2.7m▲ 33.7%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on MAPIDE
MAPIDE files the micro format. That format states no turnover. The gross margin rose from €17,034 in 2010 to €285,112 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAPIDE
- What is the company number of MAPIDE?
- The company number of MAPIDE is 0824.116.552. The VAT number is the same number with BE in front: BE 0824.116.552.
- Where is MAPIDE based?
- The registered office is at Monseigneur De Haernelaan 74, 8500 Kortrijk.Company details
- What does MAPIDE do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MAPIDE?
- MAPIDE is a private limited company (BV).
- When was MAPIDE founded?
- MAPIDE was founded on 19-03-2010.
- Is MAPIDE still active?
- Yes, MAPIDE is an active enterprise in the KBO register.
- What is the turnover of MAPIDE?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €285,112 and 95 comparable companies (NACE 70200). It probably lies between €340,000 and €710,000.Financials
- Is MAPIDE profitable?
- In financial year 2025, MAPIDE made a profit of €35,576.
- Where can I find the annual accounts of MAPIDE?
- MAPIDE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAPIDE due?
- MAPIDE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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