MAPA
The computed 12-month bankruptcy probability of MAPA is 0.3% (very low). The 2024 annual accounts show equity of €298k and a net result of €6k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 53% of 3307 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €298k |
| Net result | €6k |
| Better than sector | 53% |
| Active | 34 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 28.9% | 25.2% | |
| Net result | €6k | €4k | |
| Equity | €298k | €22k | |
| Gross operating margin | €65k | €18k | |
| Total assets | €1.03M | €104k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €65k |
| Net profit | €6k |
| Cash flow | €23k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.03M |
| Equity | €298k |
| Debt | €733k |
| of which ≤ 1y | €385k |
| of which > 1y | €348k |
| Working capital | €316k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.82 |
| Quick ratio | 0.63 |
| Working capital ratio | 30.7% |
| Solvency | 28.9% |
| Debt / equity | 2.45 |
| Long-term debt ratio | 1.16 |
| Interest coverage | 1.53 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.5% |
| ROE | 1.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.03M |
| Fixed assets | 21/28 | €330k |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €0 |
| Tangible fixed assets | 22/27 | €330k |
| Current assets | 29/58 | €701k |
| Stocks & contracts in progress | 3 | €460k |
| Amounts receivable within one year | 40/41 | €223k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.03M |
| Equity | 10/15 | €298k |
| Contributions / capital | 10/11 | €193k |
| Reserves | 13 | €404k |
| Accumulated profits (losses) | 14 | €-685k |
| Amounts payable | 17/49 | €733k |
| Amounts payable after one year | 17 | €348k |
| Amounts payable within one year | 42/48 | €385k |
| Trade debts payable within one year | 44 | €19k |
| Income statement | ||
| Gross operating margin | 9900 | €65k |
| Operating result | 9901 | €48k |
| Financial income | 75 | €15 |
| Financial charges | 65 | €42k |
| Result before taxes | 9903 | €6k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
-
Current31-05-2025 → present
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2018
2 events
- 11-07-2018 Mandate renewed· Director
- 11-07-2018 Mandate renewed· Managing director
-
Not recently confirmedlast confirmed in an act from 2018
Former directors (1)
-
Former- → 31-05-2025
| NACE primary | Wholesale trade(46831) |
| Legal form | Public limited company(014) |
| Incorporation | 03-09-1991 |
| Status | Active |
| Postal code | 3210 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066B0214/00N003 | Flanders | 3,019 m² | 1 · 1,590 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-10-2025 1 director appointed, 1 resigning
- Inge Benoy, Bestuurder
- Cathy Van Ravensteyn, Bestuurder
Technical details
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"evidence_quote": "De algemene vergadering beslist tot het ontslag van Cathy Van Ravensteyn, met woonplaats te 3050 Oud-Heverlee Dorpsstraat 5, als niet-statutaire bestuurder, en dit met ingang op 31/05/2025. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
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}
],
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}11-07-2018 3 reappointed
- Supply Patrick, Bestuurder
- Van Ravensteyn Cathérine, Bestuurder
- Supply Patrick, Gedelegeerd bestuurder
Technical details
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}
}28-12-2012 Articles of association amended
Technical details
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"bedrijfsrevisor": null,
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"signature_regime": null,
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}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MAPA |