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Mapeco Kalmthout

Active
Public limited companyfounded 1986active for 40 yearsEssensteenweg (Nm) 44, 2920 Kalmthout, BelgiumKBO/BCE: BE 0429.086.527
Summary

Mapeco Kalmthout has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €253,065. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 66% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Mapeco KalmthoutActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521Retail trade NACE 47525
10th fastest staff growth in Kalmthout1 site
Size
≈ €4.6mturnover 2025, estimated
Staff
18 FTE
Equity
€2.2m
Profit
€253,065
Turnover estimated from the gross margin
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Vico · 99.88%
  • NEXIRAManaging director · permanent representative Jean-Pierre Kokx
  • VICO INVEST BVDirector
2025 accounts 3 days early4 of 17 deeds summarised
Why 86raises riskLiquidity: current ratio 2.03, cash €55,6541 of the last 3 latelowers riskFounded in 1986Profit of €253,065 (financial year 2025)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 47, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 76-13
equity 50.7% of total assets
Liquidity 28-8
short-term debt 48.5% · cash 1.3%
Profitability 26-1
return on assets 5.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,693 companies, NACE 47, small)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.3 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025highest value 12-2025: 0.2%▼ -0.6 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.03, compared with 2.76 in 2024, above the usual 1.5; short-term debt: 48.5% and cash: 1.3% of total assets), and 49.3% 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 47, small): better than 73% on solvency, 27% on liquidity, 15% on profitability and 35% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 2.03, cash €55,654
NBB · annual accounts
lowers risk · Profit of €253,065 (financial year 2025)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
96 days late
2023
5 days early
2022
on the day
2021
11 days early
2020
4 days late
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignations: Pixma BV (director) and Vico…Permanent representatives: Jean-Pierre Kokx, Sarah…

Key points

  • Positive: 10th fastest staff growth in Kalmthoutin the Checked rankings No. 10 View
  • Positive: 8 profitable years in a rowprofit 2025: €253,065 8 years View
  • Controlled by Vicoultimately: NEXIRA 99.88% View

By topic

Financials

Financial year
2025
Total assets
€4.3m
Profit
€253,065
Solvency
50.7%
Total assets▲ 26.0%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Vico · 99.88%
  • NEXIRAManaging director
  • VICO INVEST BVDirector
Go to Board & ownership

Timeline

Events
45
Since
1987
Next accounts
by 31-07-2027
  1. 26-07-2024Annual accounts filed
  2. 02-04-2024Resignation: Vico (sole director)
  3. 07-09-2023Resignations: Pixma (director) and Vico (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
24-06-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Annual meeting
Third Monday of June at 16:00
Purpose
“De groot en kleinhandel in ijzerwerk,blikwaren en huishoudartikelen,snuisterijen en…” (deed in Dutch)
Go to Articles of association

Key facts about Mapeco Kalmthout

What is the company number of Mapeco Kalmthout?
0429.086.527. In Belgium the VAT number is the company number with BE in front: BE 0429.086.527.
Where is Mapeco Kalmthout based?
The registered office is at Essensteenweg (Nm) 44, 2920 Kalmthout.Company details
What does Mapeco Kalmthout do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of Mapeco Kalmthout?
Public limited company (NV).
When was Mapeco Kalmthout founded?
On 24-06-1986.
Is Mapeco Kalmthout still active?
Yes, Mapeco Kalmthout is an active enterprise in the KBO register.
How many employees does Mapeco Kalmthout have?
On average 18 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mapeco Kalmthout?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Mapeco Kalmthout profitable?
In financial year 2025, Mapeco Kalmthout made a profit of €253,065.
Where can I find the annual accounts of Mapeco Kalmthout?
Mapeco Kalmthout filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mapeco Kalmthout due?
By 31-07-2027, for financial year 2026.Timeline

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