MAPACAL
ActiveMAPACAL has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1k) and a net result of €-13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 1043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-10
Solvency25▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.73 in 2024; short-term debt: 87.2% and cash: 49.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.5%
Return on assets
-4.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-1k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
29 d late
2023
58 d early
2022
20 d late
2021
31 d late
2020
24 d late
2019
31 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-13k
2024 · €2k
2018: €80k
2019: €28k
2020: €-28k
2021: €14k
2022: €20k
2023: €8k
2024: €2k
2018 → 2025
Working capital
€-83k▼ 19.9%
2024 · €-70k
2018: €-121k
2019: €-97k
2020: €-101k
2021: €-75k
2022: €-71k
2023: €-63k
2024: €-70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-18k-€2k€10k▲ 482%€11k▲ 19.2%€-1k
Operating result€20k-€29k▲ 45.9%€17k▼ 40.2%€14k▼ 17.2%€-4k
Net result€14k-€20k▲ 39.1%€8k▼ 60.2%€2k▼ 76.8%€-13k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €14k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€122k▼ 16.7%
Current assets
€181k▼ 2.8%
Key figures and ratios
EBITDA
€30k▼
2024 · €50k
Cash flow
€21k▼
2024 · €37k
Solvency
-0.5%▼
2024 · 3.4%
Current ratio
0.69▼
2024 · 0.73
Quick ratio
0.69▼
2024 · 0.73
ROA
-4.3%▼
2024 · 0.6%
Interest coverage
5.53▼
2024 · 9.69
Debt
€305k▼
2024 · €322k
Debt ≤ 1 year
€265k▲
2024 · €256k
Debt > 1 year
€36k▼
2024 · €61k
Income taxes
€4k▼
2024 · €7k
Staff costs
€773k▲
2024 · €696k
A ratio outside any meaningful range has been withheld (balance sheet total €304k, equity €-1k).
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€334k€304k▼
Fixed assets21/28€147k€122k▼
Tangible fixed assets22/27€147k€122k▼
Plant, machinery and equipment23€90k€76k▼
Furniture and vehicles24€34k€23k▼
Other tangible fixed assets26€24k€24k▲
Current assets29/58€187k€181k▼
Amounts receivable within one year40/41€22k€19k▼
Trade receivables40€15k€12k▼
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€141k€149k▲
Deferred charges and accrued income490/1€24k€13k▼
Equity and liabilities
Total equity and liabilities10/49€334k€304k▼
Equity10/15€11k€-1k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€684▼
Reserves not available under the articles1311€3k€684▼
Distributable reserves133€639€2k▲
Profit (loss) carried forward14€-17k€-30k▼
Amounts payable17/49€322k€305k▼
Amounts payable after more than one year17€61k€36k▼
Financial debts170/4€61k€36k▼
Amounts payable within one year42/48€256k€265k▲
Current portion of amounts payable after more than one year42€65k€26k▼
Financial debts43-€51k
Credit institutions430/8-€51k
Trade debts44€95k€78k▼
Suppliers440/4€95k€78k▼
Taxes, remuneration and social security45€96k€111k▲
Taxes450/3€6k€21k▲
Remuneration and social security454/9€90k€90k▼
Accrued charges and deferred income492/3€5k€5k=
Income statement
Code20242025
Non-recurring operating income76A€2-
Remuneration, social security and pensions62€696k€773k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€34k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-1k-
Other operating charges640/8€13k€13k▼
Non-recurring operating charges66A€173-
Gross operating margin9900€757k€815k▲
Operating profit (loss)9901€14k€-4k▼
Financial income75/76B€48€4▼
Recurring financial income75€48€4▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€9k€-9k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€2k€-13k▼
Profit (loss) for the period to be appropriated9905€2k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-30k▼
Profit (loss) brought forward from the previous period14P€-19k€-17k▲
Social balance
Average headcount (FTE)908717.920.2▲
The notes to these accounts (9 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 20 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-28k ▼200%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
09-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Rixensart · 3 establishment units since 1976
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.
Avenue des Combattants 181332 RixensartGround area
5,856 m²
Building footprint
2,074 m²
Volume, LiDAR
3,816 m³
3 parcels, Flanders, Wallonia · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Avenue Albert Ier sn, 1332 Rixensart
since 19762.037.911.602
Mechelsesteenweg 110, 1970 Wezembeek-Oppem
since 19792.037.911.404
Avenue des Combattants 18, 1332 Rixensart
since 19902.238.535.118
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006B0349/00K006 | Flanders | 3,872 m² | 1 · 1,354 m² | - |
| 25033B1152/00B000 | Wallonia | 1,154 m² | 1 · 719 m² | 10.5 m · 2 fl. |
| 25033B0002/00E002 | Wallonia | 829 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 597,825 EUR awarded · 596,939 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 181,853 EUR | 181,788 EUR |
| 2024 | 2 | 156,219 EUR | 156,201 EUR |
| 2023 | 2 | 134,241 EUR | 133,807 EUR |
| 2022 | 2 | 125,512 EUR | 125,143 EUR |
Schemes
Dienstencheques
Opleidingsfonds dienstencheques
Recognitions: source did not answer, try again later.
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Of 1,001 companies in sector 96102 we hold annual accounts for 460. 296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-1976
Fiscal year end31-12
Activities, NACEBEL
93011
93012
96101Personal service activities
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.