MAPIALEJ
ActiveSummary
MAPIALEJ has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €259k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 5% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency25▼-1
Growth68=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.3%
Return on assets
59.8%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16618 sector peers (2025).
NBB · sector comparisonPosition among 16618 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-05-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
3 d late
2024
36 d early
2023
12 d early
2022
41 d early
2021
40 d early
2020
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k=
2024 · €2k
2020: €2khighest in 6 years
2021: €2k● 0.0% vs 2020highest in 6 years
2022: €2k● 0.0% vs 2021highest in 6 years
2023: €2k● 0.0% vs 2022highest in 6 years
2024: €2k● 0.0% vs 2023highest in 6 years
2025: €2k● 0.0% vs 2024highest in 6 years
2020 → 2025
Total assets
€432k▲ 52.4%
2024 · €284k
2020: €136k
2021: €100k▼ -26.6% vs 2020lowest in 6 years
2022: €158k▲ +58.1% vs 2021
2023: €152k▼ -3.9% vs 2022
2024: €284k▲ +86.6% vs 2023
2025: €432k▲ +52.4% vs 2024highest in 6 years
2020 → 2025
Net result
€259k▲ 41.9%
2024 · €182k
2020: €62klowest in 6 years
2021: €62k▲ +0.4% vs 2020
2022: €109k▲ +75.1% vs 2021
2023: €94k▼ -13.8% vs 2022
2024: €182k▲ +93.1% vs 2023
2025: €259k▲ +41.9% vs 2024highest in 6 years
2020 → 2025
Working capital
€-44k▲ 66.8%
2024 · €-131k
2020: €512highest in 6 years
2021: €-7k▼ -1547% vs 2020
2022: €-76k▼ -929% vs 2021
2023: €-70k▲ +7.9% vs 2022
2024: €-131k▼ -87.0% vs 2023lowest in 6 years
2025: €-44k▲ +66.8% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€2k=€2k=€2k=€2k=
2021: €2khighest in 5 years
2022: €2k● 0.0% vs 2021highest in 5 years
2023: €2k● 0.0% vs 2022highest in 5 years
2024: €2k● 0.0% vs 2023highest in 5 years
2025: €2k● 0.0% vs 2024highest in 5 years
Operating result€76k-€144k▲ 89.8%€123k▼ 14.0%€250k▲ 103%€314k▲ 25.4%
2021: €76klowest in 5 years
2022: €144k▲ +89.8% vs 2021
2023: €123k▼ -14.0% vs 2022
2024: €250k▲ +103% vs 2023
2025: €314k▲ +25.4% vs 2024highest in 5 years
Net result€62k-€109k▲ 75.1%€94k▼ 13.8%€182k▲ 93.1%€259k▲ 41.9%
2021: €62klowest in 5 years
2022: €109k▲ +75.1% vs 2021
2023: €94k▼ -13.8% vs 2022
2024: €182k▲ +93.1% vs 2023
2025: €259k▲ +41.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €432k
Fixed assets
€89k ▼ 41.9%
Current assets
€343k ▲ 163%
Equity and liabilities €432k
Equity
€2k =
Debt
€431k ▲ 52.7%
Debt's share of the balance-sheet total rises from 99.5% to 99.7%. Debt is higher.
Key figures and ratios
EBITDA
€325k▲
2024 · €262k
Cash flow
€270k▲
2024 · €194k
Current ratio
0.89▲
2024 · 0.50
ROA
59.8%▼
2024 · 64.3%
Interest coverage
52.84▲
2024 · 50.83
Debt ≤ 1 year
€387k▲
2024 · €262k
Debt > 1 year
€43k▲
2024 · €20k
Income taxes
€49k▼
2024 · €63k
A ratio outside any meaningful range has been withheld (balance sheet total €432k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€284k€432k▲
Fixed assets21/28€153k€89k▼
Tangible fixed assets22/27€153k€89k▼
Plant, machinery and equipment23€525€3k▲
Furniture and vehicles24€21k€15k▼
Other tangible fixed assets26€132k€71k▼
Financial fixed assets28€95€95=
Current assets29/58€130k€343k▲
Amounts receivable within one year40/41€42k€175k▲
Trade receivables40€8k€95k▲
Other amounts receivable41€34k€80k▲
Cash at bank and in hand54/58€64k€107k▲
Deferred charges and accrued income490/1€25k€62k▲
Equity and liabilities
Total equity and liabilities10/49€284k€432k▲
Equity10/15€2k€2k=
Contributions10/11€2k€2k=
Amounts payable17/49€282k€431k▲
Amounts payable after more than one year17€20k€43k▲
Financial debts170/4€20k€43k▲
Amounts payable within one year42/48€262k€387k▲
Current portion of amounts payable after more than one year42€18k€31k▲
Trade debts44€22k€76k▲
Suppliers440/4€22k€76k▲
Taxes, remuneration and social security45€40k€21k▼
Taxes450/3€40k€21k▼
Other amounts payable47/48€182k€259k▲
Accrued charges and deferred income492/3-€406
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€133
Gross operating margin9900€265k€327k▲
Operating profit (loss)9901€250k€314k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€245k€308k▲
Income taxes67/77€63k€49k▼
Profit (loss) for the period9904€182k€259k▲
Profit (loss) for the period to be appropriated9905€182k€259k▲
Appropriation of the result
Profit (loss) to be appropriated9906€182k€259k▲
Profit to be distributed694/7€182k€259k▲
Return on contributions (dividend)694€182k€259k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €7k | €9k | €12k | €11k | ▼ 1.0% |
| Other operating charges640/8 | - | €409 | €20k | €3k | €1k | ▼ 60.6% |
| Non-recurring operating charges66A | - | - | - | - | €133 | - |
| Gross operating margin9900 | €80k | €151k | €152k | €265k | €327k | ▲ 23.4% |
| Operating profit (loss)9901 | €76k | €144k | €123k | €250k | €314k | ▲ 25.4% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €1 | - | - |
| Financial charges65/66B | - | €1k | €1k | €5k | €6k | ▲ 19.5% |
| Recurring financial charges65 | €558 | €1k | €1k | €5k | €6k | ▲ 19.5% |
| Profit (loss) for the period before taxes9903 | €75k | €142k | €122k | €245k | €308k | ▲ 25.6% |
| Income taxes67/77 | €13k | €33k | €28k | €63k | €49k | ▼ 21.8% |
| Profit (loss) for the period9904 | €62k | €109k | €94k | €182k | €259k | ▲ 41.9% |
| Profit (loss) for the period to be appropriated9905 | €62k | €109k | €94k | €182k | €259k | ▲ 41.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100k | €158k | €152k | €284k | €432k | ▲ 52.4% |
| Fixed assets21/28 | €9k | €78k | €72k | €153k | €89k | ▼ 41.9% |
| Tangible fixed assets22/27 | €9k | €78k | €72k | €153k | €89k | ▼ 41.9% |
| Plant, machinery and equipment23 | - | €972 | €748 | €525 | €3k | ▲ 465% |
| Furniture and vehicles24 | - | €5k | €4k | €21k | €15k | ▼ 26.7% |
| Other tangible fixed assets26 | - | €71k | €66k | €132k | €71k | ▼ 46.4% |
| Financial fixed assets28 | €95 | €95 | €95 | €95 | €95 | = |
| Current assets29/58 | €91k | €80k | €80k | €130k | €343k | ▲ 163% |
| Amounts receivable within one year40/41 | €28k | €17k | €51k | €42k | €175k | ▲ 319% |
| Trade receivables40 | - | €10k | €5k | €8k | €95k | ▲ 1,112% |
| Other amounts receivable41 | - | €7k | €46k | €34k | €80k | ▲ 136% |
| Cash at bank and in hand54/58 | €64k | €63k | €29k | €64k | €107k | ▲ 67.0% |
| Deferred charges and accrued income490/1 | - | - | - | €25k | €62k | ▲ 149% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100k | €158k | €152k | €284k | €432k | ▲ 52.4% |
| Equity10/15 | €2k | €2k | €2k | €2k | €2k | = |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Amounts payable17/49 | €99k | €157k | €150k | €282k | €431k | ▲ 52.7% |
| Amounts payable after more than one year17 | - | - | - | €20k | €43k | ▲ 115% |
| Financial debts170/4 | - | - | - | €20k | €43k | ▲ 115% |
| Amounts payable within one year42/48 | €99k | €157k | €150k | €262k | €387k | ▲ 47.7% |
| Current portion of amounts payable after more than one year42 | - | - | €15k | €18k | €31k | ▲ 77.8% |
| Trade debts44 | €9k | €9k | €3k | €22k | €76k | ▲ 239% |
| Suppliers440/4 | - | €9k | €3k | €22k | €76k | ▲ 239% |
| Taxes, remuneration and social security45 | - | €38k | €38k | €40k | €21k | ▼ 46.9% |
| Taxes450/3 | - | €38k | €38k | €40k | €21k | ▼ 46.9% |
| Other amounts payable47/48 | - | €109k | €94k | €182k | €259k | ▲ 41.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €406 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €109k | €94k | €182k | €259k | ▲ 41.9% |
| + Depreciation and write-downs630 | €2k | €7k | €9k | €12k | €11k | ▼ 1.0% |
| Operating cash flow (approximation) | €65k | €116k | €103k | €194k | €270k | ▲ 39.3% |
| Investment in fixed assets (approximation) | - | €-76k | €-3k | €-93k | €53k | ▲ 157% |
| Change in cash | - | €-444 | €-34k | €35k | €43k | ▲ 22.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-09
Financial
Highest result since 2020net €259k ▲41.9%
Operating result €314k, net result €259k, both a record.
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Overijse · 1 establishment unit since 2019
Ground area
2,276 m²
Building footprint
227 m²
Volume, LiDAR
1,458 m³
2 parcels, Flanders, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Le Petit Champ, Nodebais 2, 1320 Beauvechain
since 20192.293.142.851
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23544D0159/00T000 | Flanders | 1,622 m² | 1 · 177 m² | 10.2 m · 2 fl. |
| 25073A0147/00Y000 | Wallonia | 654 m² | 1 · 50 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 620 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2019
Fiscal year end30-09
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.