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MAPECO TURNHOUT

Active
Public limited companyfounded 1990active for 36 yearsSteenweg op Gierle 258, 2300 Turnhout, BelgiumKBO/BCE: BE 0440.805.216

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MAPECO TURNHOUT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €683,031. Equity has been stable since 2018 (±0% per year). Its solvency ranks better than 37% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow ReportCompare
MAPECO TURNHOUTActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 11-05-1990 Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 3 others
Establishment unit
2.048.294.362 2300 Turnhout, since 05-07-1994
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Board and ownership

Board
  • NEXIRAManaging director · permanent representative Jean-Pierre Kokx
Shareholders
Board & ownership

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€1.3m
▼ 31.0%
Turnover
≈ €5.2m
estimated
Profit
€683,031
▼ 59.6%
Equity
€1.2m
=
Total assets
€4.8m
▼ 5.7%
Staff
15.1 FTE
▲ 11.9%
Net result -60%: other schema
Filed on 28-07-2026, 3 days before the deadlineat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 1.34, cash €91,218Equity €1.2m (25.4% of total assets)1 of the last 3 accounts latelowers riskFounded in 1990Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of small companies in retail trade (NACE 47)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 50+1
equity 25.4% of total assets
Liquidity 12+1
short-term debt 74.1% · cash 1.9%
Profitability 86-14
return on assets 14.1%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,694 companies, NACE 47, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.3 percentage points vs 08-2025 10-2025: 1.6%▲ +0.5 percentage points vs 09-2025 11-2025: 1.7%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.9%▼ -0.8 percentage points vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 0.6%▼ -0.4 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.31 in 2024), below the usual 1.5. Short-term debt is 74.1% and cash 1.9% of total assets. 74.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 43% of them on solvency, 10% on liquidity, 88% on profitability and 36% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.34, cash €91,218
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €1.2m (25.4% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts 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

The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was 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 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025different schema filed ▼ 59.6% View
  • Positive: Higher net result than 91% of companies in retail tradesector median €39,952 · 5,035 companies €683,031 View
  • Positive: 8 profitable years in a rowprofit 2025: €683,031 8 years View

Companies linked to MAPECO TURNHOUT

Parent and group

Comparable companies

These companies have the same main activity as MAPECO TURNHOUT: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €3.4m and €6.1m, founded between 1983 and 1996.

CompanyTotal assetsGross margin
MAPECO TURNHOUT Turnhout€4.8m€1.3m
EURO - CONSTRUCT Nieuwerkerken (Limb.)€6.1m€1.3m
BRICO SAINT-ELOI Waremme€4.4m€1.2m
HOBBYCENTER VAN HOECK Lille€3.5m€1.3m
Mapeco Kalmthout Kalmthout€4.3m€0.9m
B.M.S. Antwerpen€3.4m€1.3m
Legerstock Vermeersch-Andries Antwerpen€3.9m€0.8m
Full comparison

Documents

Annual accounts at the NBB

All 35 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MAPECO TURNHOUT
What is the company number of MAPECO TURNHOUT?
The company number of MAPECO TURNHOUT is 0440.805.216. The VAT number is the same number with BE in front: BE 0440.805.216.
Where is MAPECO TURNHOUT based?
The registered office is at Steenweg op Gierle 258, 2300 Turnhout.Company details
What does MAPECO TURNHOUT 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 TURNHOUT?
The legal form of MAPECO TURNHOUT is Public limited company (NV).
When was MAPECO TURNHOUT founded?
MAPECO TURNHOUT was founded on 11-05-1990.
Is MAPECO TURNHOUT still active?
Yes, MAPECO TURNHOUT is an active enterprise in the KBO register.
How many employees does MAPECO TURNHOUT have?
MAPECO TURNHOUT had an average of 15.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAPECO TURNHOUT?
The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €1.3m and 87 comparable companies (NACE 47). It probably lies between €3.1m and €9.4m.
Is MAPECO TURNHOUT profitable?
In financial year 2025, MAPECO TURNHOUT made a profit of €683,031.
Where can I find the annual accounts of MAPECO TURNHOUT?
MAPECO TURNHOUT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MAPECO TURNHOUT due?
MAPECO TURNHOUT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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