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MAP-S

Active
Private limited companyfounded 2025active for 1 yearWaha, Rue Sainte-Barbe 7, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 1018.518.014
Summary

MAP-S has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,695 and a net result of €3,695. Its solvency ranks better than 23% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Urban planning and landscape architecture NACE 71113
2 sites
Size
€36,104total assets 2025
Staff
0.9 FTE
Equity
€8,695
Profit
€3,695
Turnover not published (micro format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
1
Accounts 30 days early
Why 80raises riskLiquidity: current ratio 0.99, cash €322Founded in 2025lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €36,104Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 24% of its sector peers (NACE 62, micro)
Financial strength
Average
Solvency 49
equity 24.1% of total assets
Liquidity 10
short-term debt 75.9% · cash 0.9%
Profitability 82
return on assets 10.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,877 companies, NACE 62, micro)
Last 24 months 02-2026: 0.4% 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, below 1; short-term debt: 75.9% and cash: 0.9% of total assets), and 75.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 25% on solvency, 4% on liquidity and 42% on profitability.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 0.99, cash €322
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €36,104
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 21007 sector peers (2025).
NBB · sector comparison
Position among 21007 sector peers
Solvency
better than 23%
← weakest strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: VANDEPUTTE Maxime (director) ·…

Financials · financial year 2025, micro format

Equity
€8,695
Total assets
€36,104
Net result
€3,695
Working capital
-€262

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €36,104
Fixed assets €8,957
Current assets €27,147
Equity and liabilities €36,104
Equity €8,695
Debt €27,409
Debt finances 75.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€9,308
Cash flow
€4,654
Current ratio
0.99
Debt to equity
3.15
ROE
42.5%
ROA
10.2%
Interest coverage
6.26
Debt ≤ 1 year
€27,409
Income taxes
€3,167
Staff costs
€38,260

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€36,104
Fixed assets21/28€8,957
Tangible fixed assets22/27€4,057
Plant, machinery and equipment23€4,057
Financial fixed assets28€4,900
Current assets29/58€27,147
Amounts receivable within one year40/41€24,654
Trade receivables40€24,654
Cash at bank and in hand54/58€322
Deferred charges and accrued income490/1€2,171
Equity and liabilities
Total equity and liabilities10/49€36,104
Equity10/15€8,695
Contributions10/11€5,000
Profit (loss) carried forward14€3,695
Amounts payable17/49€27,409
Amounts payable within one year42/48€27,409
Trade debts44€14,422
Suppliers440/4€14,422
Taxes, remuneration and social security45€12,231
Taxes450/3€6,882
Remuneration and social security454/9€5,350
Other amounts payable47/48€756
Income statement Code2025
Remuneration, social security and pensions62€38,260
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€959
Other operating charges640/8€1,256
Gross operating margin9900€48,823
Operating profit (loss)9901€8,349
Financial charges65/66B€1,487
Recurring financial charges65€1,487
Profit (loss) for the period before taxes9903€6,862
Income taxes67/77€3,167
Profit (loss) for the period9904€3,695
Profit (loss) for the period to be appropriated9905€3,695
Appropriation of the result
Profit (loss) to be appropriated9906€3,695

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€38,260
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€959
Other operating charges640/8€1,256
Gross operating margin9900€48,823
Operating profit (loss)9901€8,349
Financial charges65/66B€1,487
Recurring financial charges65€1,487
Profit (loss) for the period before taxes9903€6,862
Income taxes67/77€3,167
Profit (loss) for the period9904€3,695
Profit (loss) for the period to be appropriated9905€3,695
Line2025
Assets
Total assets20/58€36,104
Fixed assets21/28€8,957
Tangible fixed assets22/27€4,057
Plant, machinery and equipment23€4,057
Financial fixed assets28€4,900
Current assets29/58€27,147
Amounts receivable within one year40/41€24,654
Trade receivables40€24,654
Cash at bank and in hand54/58€322
Deferred charges and accrued income490/1€2,171
Equity and liabilities
Total equity and liabilities10/49€36,104
Equity10/15€8,695
Contributions10/11€5,000
Profit (loss) carried forward14€3,695
Amounts payable17/49€27,409
Amounts payable within one year42/48€27,409
Trade debts44€14,422
Suppliers440/4€14,422
Taxes, remuneration and social security45€12,231
Taxes450/3€6,882
Remuneration and social security454/9€5,350
Other amounts payable47/48€756
Line2025
Profit (loss) for the period9904€3,695
+ Depreciation and write-downs630€959
Operating cash flow (approximation)€4,654

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 01-07-2026 2026-00232204

Similar companies · same sector, comparable size

Of the 29,849 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 9,167 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of MAP-S and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No sitting directors or connected companies in the Gazette act read.

History

MAP-S was incorporated on 9 January 2025 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
01-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
13-01
Gazette deed Incorporation
Appointment: VANDEPUTTE Maxime (director) · Founding capital · Capital8 facts ▸
  • Incorporation, 08-01-2025
  • Founding capital, €5,000
  • Capital
  • Registered office clause, “6900 Marche-en-Famenne, Waha, rue Sainte-Barbe”, 7 (deed in French)
  • Other provision, “site internet et adresse électronique, ne pas déterminer de site internet pour la société ni d'adresse électronique” (deed in French)
  • Board rule, 1
  • Director appointment, VANDEPUTTE Maxime (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises au nom et pour compte de la société en formation” (deed in French)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded09-01-2025
Financial year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
71113Urban planning and landscape architecture
18130Pre-press and pre-media services
56210Event catering
62900Other information technology and computer services
72109Other research and development on natural sciences
85599Other education
90391Promotion and organisation of arts and performing arts events
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018518014
Also 9925:BE1018518014
Registered 26-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Marche-en-Famenne · 2 establishment units since 2025
registered office establishment All 2 establishment units on the map
Ground area
1.0 ha
Building footprint
366 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
MAP-S
Waha, Rue Sainte-Barbe 7, 6900 Marche-en-FamenneComputer consultancy and computer facilities management
since 2025unit no. 2.368.674.078
Marche, Rue Victor Libert 36, 6900 Marche-en-Famenne
Computer consultancy and computer facilities management
since 2025unit no. 2.368.674.177
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
83034A0779/00G002 Wallonia 9,183 m² 1 · 277 m² -
83053C0440/00D008 Wallonia 934 m² 1 · 89 m² -
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes les missions possibles dans le domaine de l’environnement, de l’aménagement du territoire et de l’urbanisme, de la sécurité et de la…” (deed in French)
42 activities (deed in French)
  1. Toutes les missions possibles dans le domaine de l’environnement, de l’aménagement du territoire et de l’urbanisme, de la sécurité et de la qualité, de l’énergie, du climat, de l’entrepreneuriat durable et de secteurs connexes.
  2. Les notions d’environnement, de sécurité et de qualité, d’aménagement du territoire et d’urbanisme doivent être interprétées ici dans leur sens le plus large.
  3. Parmi toutes les missions possibles en matière d’environnement, de sécurité et de qualité, d’aménagement du territoire et d’urbanisme sont incluses, sans limitation, l'exécution et la coordination de rapports d'impact environnemental, d'études de sécurité, d'études environnementales, la fourniture de conseils techniques, juridiques et environnementaux, la mise en œuvre de systèmes de qualité, de gestion environnementale et de systèmes de sécurité, la réalisation d’audits et la demande de permis et de subventions, l’action en tant qu’expert ou coordinateur environnemental.
  4. Le développement de systèmes pour la gestion des questions environnementales et de sécurité, dans leur sens le plus large.
  5. L’organisation de séminaires, de formations et de cours de recyclage notamment pour les besoins des coordinateurs environnementaux et des vérificateurs environnementaux.
  6. L’achat, la vente en gros et/ou en détail, l’importation de toutes boissons généralement quelconques ;
  7. L’organisation de banquets, dîners, réceptions et festivités et le service traiteur à domicile ;
  8. L’achat, la vente et la location de matériel et de salles destinés au secteur Horeca ou à l’organisation d’événements, y compris les infrastructures nécessaires tant mobilières qu’immobilières ;
  9. Toutes autres activités ayant un rapport direct ou indirect avec l’industrie hôtelière ou touristique ou généralement Horeca ;
  10. La location de décoration festive et de décors ;
  11. La conception et la réalisation de décors ;
  12. La location de matériel de propreté et de sécurité ;
  13. La location de livres et périodiques ;
  14. L’organisation d’activités récréatives, le commerce de loisirs créatifs ;
  15. Le commerce de tous matériels relatifs au commerce de loisirs créatifs ;
  16. L’organisation de tous types d’événements, de salons, de foires et de congrès ;
  17. L’animation dans le cadre d’événements divers ;
  18. L’animation d’ateliers pour adultes et enfants ;
  19. L’organisation de séminaires et d’incentives d’entreprises ;
  20. L’organisation d’activités de soutien aux entreprises ;
  21. L’organisation de manifestations ou d’événements, en ce compris la fabrication et le montage de dispositifs pour salons ou expositions ;
  22. Les services spécialisés du son, de l’image et de l’éclairage ;
  23. L’importation, l’exportation, la commercialisation, la distribution, l’achat et la vente en gros et au détail d’articles cadeaux, d’articles et mobiliers de décoration, de mobiliers en général, de vêtements et d’accessoires de fêtes, de produits promotionnels ;
  24. Toutes activités relatives à l’agence de publicité ;
  25. Toutes activités de design graphique ainsi que toutes autres activités de design ;
  26. Toutes activités liées à la production photographique à l’exception des activités de photographe de presse ;
  27. Toutes activités d’édition de revues et de périodiques ;
  28. Toutes autres activités d’édition ;
  29. Toutes activités relatives à l’édition d’autres logiciels ;
  30. La production de films autres que cinématographiques et pour la télévision ;
  31. Le graphisme, le développement et la commercialisation de produits graphiques ;
  32. L’imprimerie et le lettrage ;
  33. La diffusion, la conception et la vente de publicités ou produits publicitaires sur tous supports, en ce compris le textile, la confection de toutes enseignes, totems ou signalétiques ;
  34. La reproduction, à partir d’une matrice, de disques, de disques compacts, de bandes et de cassettes contenant de la musique ou d’autres enregistrements sonores ;
  35. La reproduction, à partir d’une matrice, de disques, de disques compacts, de bandes et de cassettes contenant des films ou d’autres enregistrements vidéo ;
  36. La reproduction, à partir d’une matrice, de logiciels et de données informatiques sur disques, disquettes, disques compacts, bandes ou cassettes, clés USB ou autres supports informatiques ;
  37. La programmation informatique ;
  38. Le conseil informatique ;
  39. Le traitement des données, l’hébergement et toutes activités connexes ;
  40. La création et la gestion de portails internet ;
  41. La mise en place, l’expansion raisonnée et la gestion d'un patrimoine immobilier ; toutes opérations concernant des biens immobiliers et des droits réels immobiliers tels que le crédit-bail immobilier pour des biens immobiliers de tiers, l'achat, la vente, l'échange, la construction, la rénovation, l'entretien, la location, la cession, la prospection et l'exploitation de biens immobiliers, l'achat et la vente, la location et la location-vente de biens mobiliers, ainsi que toutes les actions directement ou indirectement liées à l'objet pour promouvoir la rentabilité de ces biens mobiliers et immobiliers, ainsi que la mise en garantie pour les bonnes performances des engagements de tiers ayant un lien avec ces biens ;
  42. La mise en place, l’expansion raisonnée et la gestion d'un patrimoine mobilier ; toutes opérations concernant des biens mobiliers et des droits mobiliers, quelle que soit leur nature, tels que l'acquisition par souscription d'actions, d'obligations, de bons de caisse ou d'autres valeurs mobilières, de toute nature, tant de personnes morales belges qu'étrangères, existantes ou à constituer.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 13-01-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, assemblée fixe le nombre, la durée et les pouvoirs” (deed in French)
“Portée aux frais généraux indépendamment des frais de représentation, voyages et déplacements, assemblée générale décide si le mandat est…” (deed in French)

deed of 13-01-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“Libérées à leur émission, administrateur détermine librement les versements ultérieurs sur actions non entièrement libérées” (deed in French)
“Courrier électronique ou courrier ordinaire le même jour, offertes par préférence aux actionnaires existants proportionnellement au nombre…” (deed in French)
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Affectation donnée par l'assemblée générale statuant sur proposition de l'organe d'administration, chaque action confère un droit égal dans…” (deed in French)

deed of 13-01-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00
Meeting accessWho may attend the meeting and what is needed to be admitted.
“Peut toujours participer à l'assemblée générale sans pouvoir participer au vote” (deed in French)
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Procuration écrite pour toute autre personne, actionnaire ou non, par tout moyen de transmission, exerce seul les pouvoirs dévolus à…” (deed in French)

deed of 13-01-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Décision de l'assemblée générale, formes prévues pour les modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur n'a été désigné, administrateurs en fonction” (deed in French)

deed of 13-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ordre du jour et majorité, majorité des voix, quel que soit le nombre de titres représentés” (deed in French)
Other provision: “Prorogation, n'annule pas les autres décisions prises sauf décision contraire de l'assemblée” (deed in French)
Other provision: “Acompte sur dividendes, distributions provenant du bénéfice de l'exercice en cours ou de l'exercice précédent tant que les comptes annuels…” (deed in French)
Liquidation distribution: “Biens conservés remis pour être partagés dans la même proportion, actif net réparti entre tous les actionnaires en proportion de leurs…” (deed in French)
Other provision: “Élection de domicile, toutes communications, sommations, assignations, significations peuvent lui être valablement faites s'il n'a pas élu…” (deed in French)
Other provision: “Tout litige entre la société, ses actionnaires, administrateurs, commissaires et liquidateurs relatifs aux affaires de la société et à…” (deed in French)
Other provision: “Les dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé sont réputées inscrites dans les…” (deed in French)
2 more provisions in the deed, see the deed of 13-01-2025

deed of 13-01-2025