E - MAPROD
E - MAPROD has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.35M and a net result of €53k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 42% of 208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €5.35M |
| Net result | €53k |
| Better than sector | 42% |
| Active | 25 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.5% | 32.2% | |
| Net result | €53k | €8k | |
| Equity | €5.35M | €503k | |
| Gross operating margin | €-52k | €78k | |
| Total assets | €22.82M | €2.42M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | - | - | - |
| EBITDA | €-79k | €370k | €231k |
| Net profit | €53k | €629k | €2.20M |
| Cash flow | €91k | €665k | €2.24M |
| Staff costs | - | - | - |
| Income taxes | €1k | €1k | €424 |
| Dividends | - | - | - |
| Total assets | €22.82M | €20.07M | €16.97M |
| Equity | €5.35M | €5.30M | €4.67M |
| Debt | €17.47M | €14.77M | €12.30M |
| of which ≤ 1y | €1.63M | €606k | €5.22M |
| of which > 1y | €15.83M | €14.16M | €7.06M |
| Working capital | €10.46M | €9.12M | €2.10M |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 7.42 | 16.06 | 1.40 |
| Quick ratio | 5.58 | 12.17 | 1.19 |
| Working capital ratio | 45.8% | 45.4% | 12.4% |
| Solvency | 23.5% | 26.4% | 27.5% |
| Debt / equity | 3.26 | 2.79 | 2.63 |
| Long-term debt ratio | 2.96 | 2.67 | 1.51 |
| Interest coverage | -0.12 | 0.83 | 0.52 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.2% | 3.1% | 13.0% |
| ROE | 1.0% | 11.9% | 47.1% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €22.82M | €20.07M | €16.97M |
| Fixed assets | 21/28 | €10.74M | €10.35M | €9.65M |
| Tangible fixed assets | 22/27 | €1.09M | €1.10M | €1.13M |
| Financial fixed assets | 28 | €9.65M | €9.25M | €8.53M |
| Current assets | 29/58 | €12.08M | €9.72M | €7.32M |
| Stocks & contracts in progress | 3 | €3.00M | €2.35M | €1.10M |
| Amounts receivable within one year | 40/41 | €346k | €317k | €191k |
| Cash & bank | 54/58 | €11k | €45k | €21k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22.82M | €20.07M | €16.97M |
| Equity | 10/15 | €5.35M | €5.30M | €4.67M |
| Contributions / capital | 10/11 | €120k | €120k | €120k |
| Reserves | 13 | €12k | €12k | €12k |
| Accumulated profits (losses) | 14 | €5.22M | €5.17M | €4.54M |
| Amounts payable | 17/49 | €17.47M | €14.77M | €12.30M |
| Amounts payable after one year | 17 | €15.83M | €14.16M | €7.06M |
| Amounts payable within one year | 42/48 | €1.63M | €606k | €5.22M |
| Trade debts payable within one year | 44 | €160k | €105k | €46k |
| Income statement | ||||
| Gross operating margin | 9900 | €-52k | €396k | €285k |
| Operating result | 9901 | €-117k | €333k | €193k |
| Financial income | 75 | €803k | €742k | €2.45M |
| Financial charges | 65 | €632k | €446k | €443k |
| Result before taxes | 9903 | €54k | €630k | €2.20M |
| Income taxes | 67/77 | €1k | €1k | €424 |
| Net result for the period | 9904 | €53k | €629k | €2.20M |
| Result to be appropriated | 9905 | €53k | €629k | €2.20M |
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Public limited company(014) |
| Incorporation | 13-07-2001 |
| Status | Active |
| Postal code | 1060 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0370/00H010 | Brussels | 2,754 m² | - | - |
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-01-2023 Capital decrease of €29,562.89 to €120,437.11
- €150.000 → €120.437,11
Technical details
{
"events": [
{
"kind": "vzw_capital_conversion",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_split",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "capital_decrease",
"after_eur": 120437.11,
"delta_eur": -29562.89,
"before_eur": 150000.0,
"decrease_purpose": "loss_absorption",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_class_creation",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": 750,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "G\u00E9rard INDEKEU",
"firm_city": null,
"firm_name": "G\u00E9rard INDEKEU - Dimitri CLEENEWERCK de CRAYENCOUR",
"office_city": "Bruxelles",
"is_associated": true
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2022-06-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2022-12-21",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0475.285.350",
"name_full": "E-MAPROD",
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u0027acte",
"statuts coordonn\u00E9s"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameFR | E - MAPROD |