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MAPI

Active Private limited companyfounded 2014active for 11 yearsRoute de Givet,Mont-Gauthier 30, 5580 RochefortKBO/BCE: BE 0505.605.471
MAPI
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Overview

Lifetime

11 annual accounts with figures on one time axis
peak €68,310 (2023)
€61,546▲ 71.5%
lowest -€726 (2016)
€39,202▲ 62.8%
peak €125,480 (2025)
€125,480▲ 23.9%
€86,172▲ 255%
Board2 names since 2014
2 directors and 1 other
Owners2 names in the annual accounts
90% and 1 other
Documentsfilings and deeds
09-11-2026101 days late
2025abbreviated format
Gross margin from €35,878 to €61,546Result from €24,073 to €39,202Company renamed from MAPI-SC-SPRL to MAPI 21-02Dividend €15,000Equity from €101,278 to €125,480Debts from €24,261 to €86,172

Key points

from the 2025 annual accounts

Equity

€125,480 ▲ 23.9%
101,2782024+39,202Profit-15,000Dividend125,4802025

MAPI paid out €15,000 in dividends. That is 38% of the 2025 profit.

Turnover

≈ €170,000 estimated

The accounts state no turnover.

Debts

€86,172 ▲ 255%
Other debts
+20,721
Taxes and wages
+14,720
Suppliers
+2,319
The rest
+24,151

Debts rose by €61,911 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€38,000 6.0 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Liquidity

2.30 was 4.27 in 2024

Short-term debts rose from €24,261 to €68,800.

Filings

11 annual accounts 101 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as MAPI has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,691 companies, not a prediction for MAPI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director, since 14-11-2014
Director, since 14-02-2025
  • 90%annual accounts 2025
  • 10%annual accounts 2025
Board & ownership

Recent changes

Company renamed from MAPI-SC-SPRL to MAPI Resignation: (manager) · Reappointment: (director) · Appointment: (director) · General meeting of 14-02-2025 · Gazette deed
Incorporation published on 02-12-2014 · Gazette deed
First establishment MAPI-SC, Route de Givet,Mont-Gauthier 30, Rochefort
All 20 events

Official details

Source: KBO
Status
Active since 14-11-2014Normal situation
Activity
“La pratique de l’art d’infirmier” (deed in French)From the articles, 13 activitiesNo NACE code in the KBO yet
Establishment unit
2.237.379.0365580 Rochefort, since 14-11-2014
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€61,546▲ 71.5%
€39,202▲ 62.8%
€125,480▲ 23.9%
€211,652▲ 68.6%
Filing
Filed on 09-11-2026
Financials

Insights on MAPI

MAPI files the abbreviated format. That format states no turnover. The gross margin rose from €23,450 in 2015 to €61,546 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 09-11-2026, 101 days late
€61,546
▲ 71.5%
€54,645
▲ 63.0%
€39,202
▲ 62.8%
€89,390
▲ 12.5%
59.3%
▼ 21.4 percentage points
2.30
▼ 1.97

The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €110,000 and €330,000.

Balance sheet

balance sheet total €211,652 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 211,652125,539162,532118,380142,220154,443125,41657,06439,34432,15943,625
21/28 53,46321,84523,52130,32525,35821,12728,1695,06911,15217,23523,317
22/27 53,46321,84523,52130,32525,35821,12728,1695,06911,15217,23523,317
23 000160320479639----
24 33,294006,88213,76520,64727,5305,06911,15217,23523,317
26 20,16821,84523,52123,28311,273------
29/58 158,189103,694139,01188,055116,862133,31697,24751,99528,19214,92420,307
40/41 8,0019,295107,1979,68668,99665,78980,18912,60011,0003,8574,557
40 8,0019,295107,197056,47165,78967,03412,6009,1093,8574,557
41 --09,68612,525013,15401,891--
54/58 147,08092,37929,90229,63847,86667,52717,05839,39516,94510,75015,750
490/1 3,1082,0211,91348,731---0247317-
Balance sheet: equity and liabilities
10/49 211,652125,539162,532118,380142,220154,443125,41657,06439,34432,15943,625
10/15 125,480101,27877,20581,51496,80482,64239,87929,62918,85212,67613,402
10/11 8,0606,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,400
13 01,8601,8601,8601,8601,8601,8601,8601,8601,860-
130/1 01,8601,8601,8601,8601,860-----
130 ------1,8601,8601,8601,860-
1311 01,8601,8601,8601,8601,860-----
14 117,42093,21869,14573,45488,74474,58231,81921,56910,7924,6167,202
17/49 86,17224,26185,32836,86645,41771,80185,53727,43520,49219,48330,223
17 17,373-06,58013,67320,67927,59905,26110,28115,071
170/4 17,373-06,58013,67320,67927,59905,26110,28115,071
42/48 68,80024,26185,32830,28631,74451,12257,93827,43515,2309,20115,152
42 6,77906,5807,0937,0066,9206,8355,2615,0204,7894,570
44 3,1618435,5229251,5595,6856,4544,6764,7753,185983
440/4 3,1618435,5229251,5595,6856,4544,6764,7753,185983
45 24,79410,07418,4787,26823,17934,72430,64910,5845,4351,1856,193
450/3 24,79410,07418,4787,26823,17934,72430,64910,5844,6351,1856,193
454/9 0000000080000
47/48 34,06513,34454,74815,00003,79314,0006,9130423,406
Income statement
9900 61,54635,87868,31014,85827,93868,04158,27225,17717,6138,16823,450
630 6,3821,6768,6198,1147,3107,0427,0426,0836,0836,0837,097
640/8 5196737026,2403485931,8567771,2867801,750
9901 54,64533,52858,99050420,28060,40649,37418,31710,2451,30614,603
75/76B --48766274--314--
75 --48766274--314--
65/66B 723791672614234342594096328471,208
65 723791672614234342594096328471,208
9903 53,92233,44958,8701,00920,13159,97249,11517,9119,62645913,395
67/77 14,7209,37617,1801,2985,97017,20918,8667,1343,4501,1856,193
9904 39,20224,07341,691-28914,16242,76330,24910,7776,176-7267,202
9905 39,20224,07341,691-28914,16242,76330,24910,7776,176-7267,202
Appropriation of the result
9906 132,42093,218115,14588,45488,74474,58251,81921,56910,7924,6167,202
14P 93,21869,14573,45488,74474,582------
694/7 15,000-46,00015,000--20,000----
694 15,000-46,00015,000--20,000----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-11-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 101 days after the deadline. Filed on 9 November 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00604524.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 09-11-2026 2026-00604524 PDF
31-12-2024 full format 05-10-2025 2025-00530421 PDF
31-12-2023 full format 26-09-2024 2024-00472376 PDF
31-12-2022 full format 23-09-2023 2023-00452822 PDF
31-12-2021 full format 17-10-2022 2022-20462990 PDF
31-12-2020 full format 26-10-2021 2021-73200074 PDF
31-12-2019 full format 29-09-2020 2020-56600481 PDF
31-12-2018 full format 31-08-2019 2019-60600195 PDF
31-12-2017 full format 17-08-2018 2018-46400348 PDF
31-12-2016 full format 26-08-2017 2017-48800164 PDF
31-12-2015 full format 18-09-2016 2016-60100428 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
61,02735,20567,6088,61827,59067,44856,41624,40016,3277,38921,699
45,58425,75050,3097,82521,47249,80537,29216,86012,2595,35714,299
38,00001,81513,08111,541035,21100030,414
54,70162,477264-18,228-19,66150,469-22,33722,4516,195-5,000-
89,39079,43353,68457,76985,11982,19439,30924,56012,9625,7235,155
59.3%80.7%47.5%68.9%68.1%53.5%31.8%51.9%47.9%39.4%30.7%
2.304.271.632.913.682.611.681.901.851.621.34
0.690.241.110.450.470.872.140.931.091.542.26
31.2%23.8%54.0%-0.4%14.6%51.7%75.9%36.4%32.8%-5.7%53.7%
18.5%19.2%25.7%-0.2%10.0%27.7%24.1%18.9%15.7%-2.3%16.5%
84.38over 100over 10033.0465.24------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€38,000-€1,815€13,081€11,541
€6,382€1,676€8,619€8,114€7,310

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MAPI

The operating result for 2025 is 63% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 19.3% to 40.7%. Equity and debt are higher.

Board & ownership

Board

2 directors, last change in 2025
Director (not named in the articles)
since 14-11-2014 term without a fixed end
earlier manager, until 21-02-2025
listed in the 2025 annual accounts, filed on 09-11-2026
Director (not named in the articles)
since 14-02-2025 term without a fixed end
listed in the 2025 annual accounts, filed on 09-11-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 21-02-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), from 14-11-2014 to date
    • Manager, until 21-02-2025
    • Director (not named in the articles), from 14-02-2025 to date

See the board, name and registered office on a given date →

Control

Shareholder
90 voting rights
90%
This company
MAPI
Equity €125,480
Profit €39,202 in 2025

and 1 other shareholder

Capital

Contribution
€8,060
Source
deed of 21-02-2025

Owners through the years

as the annual accounts name them
90%
90%
10%
10%
Owners as a list

Source: shareholder structure in its own accounts

Articles of association

deed of 21-02-2025 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Assemblée qui nomme fixe nombre,durée du mandat et,en cas de pluralité,pouvoirs, un ou plusieurs administrateurs,personnes physiques ou…”
“Chaque administrateur agissant seul peut accomplir tous actes nécessaires ou utiles à l'accomplissement de l'objet,sous réserve de ceux que…”

Shareholders

2 owners

Owners 2

  • natural person
    Sourceown accounts 2025
    90%90 voting rights
  • natural person
    Sourceown accounts 2025
    10%10 voting rights

Network & group

No group

MAPI has no parent and no holdings in its annual accounts.

Connections & network

2 current directors
Depth

The network starts from the directors of MAPI. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

20 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 101 days late
2025
Annual accounts 2024 filed PDFfull format · 66 days late
Company renamed from MAPI-SC-SPRL to MAPIResignation: (manager) · Reappointment: (director) · Appointment: (director) · General meeting of 14-02-20258 points ▸
  • Director resignation, (manager)
  • Director reappointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Route de Givet, 30/A, 5580 Mont Gauthier (Rochefort)
  • General meeting, 14-02-2025
  • Incorporation, 14-11-2014
  • Name change, MAPI
  • 100 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2024
Liquidity more than doubled current ratio 4.27 The current ratio rises from 1.63 to 4.27. Short-term debt falls from €85,328 to €24,261.
Equity above €100,000 equity €101,278 ▲31.2% After 2 profitable years in a row, equity reaches €101,278.
Annual accounts 2023 filed PDFfull format · 57 days late
2023
Back to profit net €41,691 The net result is €41,691, after one loss-making year.
Annual accounts 2022 filed PDFfull format · 54 days late
2022
Annual accounts 2021 filed PDFfull format · 78 days late
2021
Annual accounts 2020 filed PDFfull format · 87 days late
2020
Highest result from 2015 to 2025 net €42,763 ▲41.4% The operating result of €60,406 and the net result of €42,763 are both a record.
Annual accounts 2019 filed PDFfull format · 60 days late
2019
Annual accounts 2018 filed PDFfull format · 31 days late
2018
Annual accounts 2017 filed PDFfull format · 17 days late
2017
Back to profit net €6,176 The net result is €6,176, after one loss-making year.
Annual accounts 2016 filed PDFfull format · 26 days late
2016
Weakest financial year net -€726 The net result drops to -€726, the lowest from 2015 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFfull format · 49 days late
2014
Incorporation PDFpublished on 02-12-2014
First establishment MAPI-SC, Route de Givet,Mont-Gauthier 30, Rochefort

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MAPI was incorporated on 14 November 2014.1 The name was changed to MAPI in 2025.2 Total assets rose from €57,064 in 2018 to €211,652 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-02-2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0505.605.471
VAT number
BE 0505.605.471
Legal form
Private limited company
Status
Active, normal situation
Founded
14-11-2014
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
MAPI in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-02-2025 (in French)

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“La pratique de l’art d’infirmier; La puériculture; Le nursing; Les soins infirmiers à domicile; L’activité d’infirmière hospitalière; Centre…”
13 activities
  1. La pratique de l’art d’infirmier
  2. La puériculture
  3. Le nursing
  4. Les soins infirmiers à domicile
  5. L’activité d’infirmière hospitalière
  6. Centre de jour de soins infirmiers
  7. Les soins paramédicaux
  8. L’activité complète de résidence communautaire de personnes âgées
  9. Acheter,louer et/ou vendre,tout produit de toilette ou de matériel ayant un rapport direct ou indirect avec les activités précitées ci avant et ce sans but lucratif
  10. Assurer ou faire assurer le transport de toute personne ou patient sollicitant son intervention dans le cadre de l’objet
  11. Exercer les fonctions d’administrateur ou de liquidateur dans d’autres sociétés
  12. Accomplir d’une manière générale toutes opérations,tant en Belgique qu’à l’étranger,faire toutes opérations commerciales,industrielles,immobilières,mobilières,civiles ou financières,se rattachant directement ou indirectement à son objet,pouvant en faciliter directement ou indirectement,entièrement ou partiellement la réalisation
  13. S’intéresser par toutes voies,dans toutes affaires entreprises ou sociétés ayant un objet identique,analogue,similaire ou connexe,ou qui soit de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l’écoulement de ses produits
deed of 21-02-2025 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
MAPI-SC registered office Route de Givet,Mont-Gauthier 30, 5580 Rochefort 86940 Nursing and midwifery 14-11-2014 2.237.379.036

Location

registered office establishment approximate The establishment unit on the map

Contact

E-mail yvan.jungers@live.be establishment in Rochefort
Phone +32 83 68 71 97 establishment in Rochefort

Invoicing and payment

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