MAFAPARA
ActiveThe computed 12-month bankruptcy probability of MAFAPARA is 1.7% (moderate). The 2025 annual accounts show equity of €1.07M and a net result of €514k. Equity is growing by ~74.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 4137 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency90▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 1.94 in 2024; short-term debt: 34.9% and cash: 55.9% of total assets), and 34.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.1%
Return on assets
31.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
70 d early
2024
65 d early
2023
68 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€514k▲ 64.3%
2024 · €313k
2023: €244k
2024: €313k
2023 → 2025
Working capital
€1.06M▲ 92.8%
2024 · €547k
2023: €236k
2024: €547k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€239k-€552k▲ 131%€1.07M▲ 93.1%
Operating result€331k-€419k▲ 26.8%€688k▲ 64.1%
Net result€244k-€313k▲ 28.1%€514k▲ 64.3%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 64% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€10k▲ 123%
Current assets
€1.63M▲ 44.3%
Equity and liabilities €1.64M
Equity
€1.07M▲ 93.1%
Debt
€572k▼ 1.4%
The debt ratio falls from 51.2% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€691k▲
2024 · €420k
Cash flow
€517k▲
2024 · €314k
Solvency
65.1%▲
2024 · 48.8%
Current ratio
2.85▲
2024 · 1.94
Quick ratio
2.19▲
2024 · 1.37
Debt / equity
0.54▼
2024 · 1.05
ROE
48.2%▼
2024 · 56.7%
ROA
31.4%▲
2024 · 27.6%
Interest coverage
65.90▲
2024 · 39.58
Debt
€572k▼
2024 · €580k
Debt ≤ 1 year
€572k▼
2024 · €580k
Income taxes
€168k▲
2024 · €100k
Staff costs
€171k▲
2024 · €163k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.64M▲
Fixed assets21/28€5k€10k▲
Tangible fixed assets22/27€4k€10k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€2k€7k▲
Financial fixed assets28€323€323=
Current assets29/58€1.13M€1.63M▲
Stocks and contracts in progress3€331k€376k▲
Stocks30/36€331k€376k▲
Amounts receivable within one year40/41€82k€333k▲
Trade receivables40€5k€40k▲
Other amounts receivable41€77k€293k▲
Cash at bank and in hand54/58€712k€916k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.64M▲
Equity10/15€552k€1.07M▲
Contributions10/11€25k€25k=
Outside capital11€25k€25k=
Other1109/19€25k€25k=
Profit (loss) carried forward14€527k€1.04M▲
Amounts payable17/49€580k€572k▼
Amounts payable within one year42/48€580k€572k▼
Trade debts44€575k€541k▼
Suppliers440/4€575k€541k▼
Taxes, remuneration and social security45€5k€31k▲
Taxes450/3€5k€31k▲
Income statement
Code20242025
Remuneration, social security and pensions62€163k€171k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€826€3k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€586k€865k▲
Operating profit (loss)9901€419k€688k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€413k€682k▲
Income taxes67/77€100k€168k▲
Profit (loss) for the period9904€313k€514k▲
Profit (loss) for the period to be appropriated9905€313k€514k▲
Appropriation of the result
Profit (loss) to be appropriated9906€527k€1.04M▲
Profit (loss) brought forward from the previous period14P€214k€527k▲
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2023net €514k ▲64.3%
Operating result €688k, net result €514k, both a record.
31-12
Financial
Equity above €1MEq €1.07M ▲93.1%
3 profitable years in a row build equity to €1.07M.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €500kEq €552k ▲131%
2 profitable years in a row build equity to €552k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gembloux · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Tirlemont 345030 GemblouxGround area
1,550 m²
Building footprint
324 m²
Parcel 92053A0297/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MAFAPARA
since 20222.337.411.869
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92053A0297/00A000 | Wallonia | 1,550 m² | 1 · 324 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGembloux2.337.411.869
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Of 1,070 companies in sector 47741 we hold annual accounts for 644. 368 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2022
Fiscal year end31-12
Activities, NACEBEL
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47120Other non-specialised retail sale
47750Retail sale of cosmetics and toilet articles
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:fabiennejoannes2@gmail.com
Phone:+32495320002