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 ~15.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 4407 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 | 36% |
| 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% | 38.4% | |
| Net result | €53k | €23k | |
| Equity | €5.35M | €919k | |
| Gross operating margin | €-52k | €157k | |
| Total assets | €22.82M | €3.35M |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | - | +60.4% | - | - |
| Net profit | -91.6% | -71.5% | +1599.1% | - |
| Cash flow | -86.4% | -70.3% | +1240.6% | - |
| Staff costs | - | - | - | - |
| Income taxes | -7.4% | +168.6% | -50.9% | - |
| Dividends | - | - | - | - |
| Total assets | +13.7% | +18.3% | +45.1% | - |
| Equity | +1.0% | +13.4% | +89.1% | - |
| Debt | +18.3% | +20.1% | +33.3% | - |
| of which ≤ 1y | +168.9% | -88.4% | -18.7% | - |
| of which > 1y | +11.8% | +100.4% | +158.1% | - |
| Working capital | +14.7% | +333.9% | - | - |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 7.42 | 16.06 | 1.40 | 0.47 |
| Quick ratio | 5.58 | 12.17 | 1.19 | 0.41 |
| Working capital ratio | 45.8% | 45.4% | 12.4% | -29.0% |
| Solvency | 23.5% | 26.4% | 27.5% | 21.1% |
| Debt / equity | 3.26 | 2.79 | 2.63 | 3.73 |
| Long-term debt ratio | 2.96 | 2.67 | 1.51 | 1.11 |
| Interest coverage | -0.12 | 0.83 | 0.52 | -0.80 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.2% | 3.1% | 13.0% | 1.1% |
| ROE | 1.0% | 11.9% | 47.1% | 5.2% |
| 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 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €22.82M | €20.07M | €16.97M | €11.70M |
| Fixed assets | 21/28 | €10.74M | €10.35M | €9.65M | €8.67M |
| Tangible fixed assets | 22/27 | €1.09M | €1.10M | €1.13M | €1.18M |
| Financial fixed assets | 28 | €9.65M | €9.25M | €8.53M | €7.48M |
| Current assets | 29/58 | €12.08M | €9.72M | €7.32M | €3.03M |
| Stocks & contracts in progress | 3 | €3.00M | €2.35M | €1.10M | €424k |
| Amounts receivable within one year | 40/41 | €346k | €317k | €191k | €557k |
| Cash & bank | 54/58 | €11k | €45k | €21k | €50k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22.82M | €20.07M | €16.97M | €11.70M |
| Equity | 10/15 | €5.35M | €5.30M | €4.67M | €2.47M |
| Contributions / capital | 10/11 | €120k | €120k | €120k | €120k |
| Reserves | 13 | €12k | €12k | €12k | €12k |
| Accumulated profits (losses) | 14 | €5.22M | €5.17M | €4.54M | €2.34M |
| Amounts payable | 17/49 | €17.47M | €14.77M | €12.30M | €9.23M |
| Amounts payable after one year | 17 | €15.83M | €14.16M | €7.06M | €2.74M |
| Amounts payable within one year | 42/48 | €1.63M | €606k | €5.22M | €6.42M |
| Trade debts payable within one year | 44 | €160k | €105k | €46k | €148k |
| Income statement | |||||
| Gross operating margin | 9900 | €-52k | €396k | €285k | €146k |
| Operating result | 9901 | €-117k | €333k | €193k | €-190k |
| Financial income | 75 | €803k | €742k | €2.45M | €511k |
| Financial charges | 65 | €632k | €446k | €443k | €191k |
| Result before taxes | 9903 | €54k | €630k | €2.20M | €131k |
| Income taxes | 67/77 | €1k | €1k | €424 | €864 |
| Net result for the period | 9904 | €53k | €629k | €2.20M | €130k |
| Result to be appropriated | 9905 | €53k | €629k | €2.20M | €130k |
| 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
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"notary": {
"name": "G\u00E9rard INDEKEU",
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}| Legal nameFR | E - MAPROD |