MAPICOM
Annual accounts 2025
micro format, filed on 03-08-2026, 3 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €67,000. Estimated: probably between €31,000 and €160,000.
Balance sheet
balance sheet total €196,338 on 31-12-2025in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
196,338 | 206,419 | 214,796 | 224,399 | 232,940 | 242,446 | 251,193 | 260,689 | 269,724 | 278,846 | 292,367 | 312,224 | 328,373 | 334,590 | 367,219 | 420,609 | 115,247 | 58,084 | 71,071 | |
21/28 |
196,003 | 205,134 | 214,264 | 223,395 | 232,526 | 241,656 | 250,787 | 259,917 | 269,048 | 278,179 | 287,335 | 297,376 | 307,574 | 316,407 | 326,952 | 339,606 | 9,145 | 12,496 | 16,436 | |
22/27 |
196,003 | 205,134 | 214,264 | 223,395 | 232,526 | 241,656 | 250,787 | 259,917 | 269,048 | 278,179 | 287,310 | 297,351 | 307,549 | 316,382 | 326,927 | 339,581 | 9,120 | 12,471 | 16,411 | |
22 |
196,003 | 205,134 | 214,264 | 223,395 | 232,526 | 241,656 | 250,787 | 259,917 | 269,048 | 278,179 | 287,310 | 296,440 | 305,571 | 314,701 | 323,832 | 332,963 | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | 157 | 314 | 470 | 628 | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | 911 | 1,821 | 1,367 | 2,625 | 5,990 | 9,120 | 12,471 | 16,411 | |
28 |
- | - | - | - | - | - | - | - | - | - | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
335 | 1,286 | 532 | 1,004 | 414 | 790 | 406 | 771 | 676 | 668 | 5,032 | 14,848 | 20,799 | 18,183 | 40,267 | 81,003 | 106,102 | 45,588 | 54,635 | |
40/41 |
- | - | - | - | - | - | - | - | - | - | 70 | 189 | 876 | 3,223 | 2,735 | 9,859 | 2,312 | 23,816 | 10,722 | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,811 | 10,722 | |
41 |
- | - | - | - | - | - | - | - | - | - | 70 | 189 | 876 | 3,223 | 2,735 | 9,859 | 2,312 | 10,005 | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | 4,125 | 12,929 | 6,855 | 14,104 | 16,444 | 61,896 | 79,262 | 17,170 | 29,638 | |
54/58 |
335 | 1,286 | 532 | 1,004 | 414 | 790 | 406 | 771 | 676 | 668 | 837 | 1,730 | 13,068 | 856 | 21,084 | 8,789 | 23,887 | 4,030 | 14,240 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 | 459 | 641 | 572 | 35 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
196,338 | 206,419 | 214,796 | 224,399 | 232,940 | 242,446 | 251,193 | 260,689 | 269,724 | 278,846 | 292,367 | 312,224 | 328,373 | 334,590 | 367,219 | 420,609 | 115,247 | 58,084 | 71,071 | |
10/15 |
118,926 | 122,364 | 127,647 | 127,274 | 127,550 | 128,229 | 130,635 | 132,775 | 133,646 | 132,137 | 136,474 | 137,493 | 141,580 | 143,750 | 153,363 | 179,772 | 111,007 | 50,215 | 48,173 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
106,526 | 109,964 | 115,247 | 114,874 | 115,150 | 115,829 | 118,235 | 120,375 | 121,246 | 119,737 | 124,074 | 125,093 | 129,180 | 131,350 | 140,963 | 167,372 | 98,607 | 37,815 | 35,773 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
106,526 | 109,964 | 113,387 | 113,014 | 113,290 | 113,969 | 116,375 | 118,515 | 119,386 | 117,877 | 122,214 | 123,233 | 127,320 | 129,490 | 139,103 | 165,512 | 96,747 | 35,955 | 33,913 | |
17/49 |
77,412 | 84,055 | 87,150 | 97,125 | 105,389 | 114,216 | 120,558 | 127,914 | 136,077 | 146,709 | 155,893 | 174,731 | 186,793 | 190,840 | 213,856 | 240,837 | 4,240 | 7,869 | 22,898 | |
17 |
57,313 | 65,563 | 73,813 | 82,063 | 90,313 | 98,563 | 106,813 | 115,063 | 123,313 | 131,563 | 139,813 | 148,063 | 156,313 | 164,562 | 172,812 | 181,063 | - | - | - | |
170/4 |
32,313 | 40,563 | 48,813 | 57,063 | 65,313 | 73,563 | 81,813 | 90,063 | 98,313 | 106,563 | 114,813 | 123,063 | 131,313 | 139,562 | 147,812 | 156,063 | - | - | - | |
178/9 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | - | - | - | |
42/48 |
20,100 | 18,493 | 13,337 | 15,063 | 15,077 | 15,654 | 13,745 | 12,851 | 12,765 | 15,147 | 16,080 | 26,668 | 30,480 | 25,831 | 40,572 | 59,277 | 4,240 | 7,869 | 22,898 | |
42 |
8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | 8,250 | - | - | - | |
44 |
- | - | 0 | 665 | 43 | - | 603 | - | - | - | - | - | 601 | - | 293 | 32,923 | 794 | 334 | 199 | |
440/4 |
- | - | 0 | 665 | 43 | - | 603 | - | - | - | - | - | 601 | - | 293 | 32,923 | 794 | 334 | 199 | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 105 | 19,144 | 18,104 | 3,446 | 7,535 | 9,498 | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 105 | 19,144 | 18,104 | 3,446 | 7,535 | 9,498 | |
47/48 |
11,850 | 10,243 | 5,087 | 6,148 | 6,784 | 7,404 | 4,892 | 4,601 | 4,515 | 6,897 | 7,830 | 18,418 | 21,629 | 17,476 | 12,885 | - | - | - | 13,201 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 447 | 472 | 497 | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | 0 | 1,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
8,855 | 6,966 | 12,609 | 11,908 | 11,773 | 10,575 | 11,403 | 12,892 | 12,104 | 9,477 | 12,526 | 11,399 | 10,783 | 8,609 | 915 | 182,311 | 72,440 | 64,268 | 73,015 | |
630 |
9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 9,131 | 10,041 | 10,198 | 10,602 | 10,545 | 15,216 | 70,066 | 4,841 | 4,408 | 5,315 | |
640/8 |
1,840 | 1,936 | 1,773 | 1,574 | 1,728 | 1,535 | 1,547 | 1,524 | 1,533 | 1,601 | 1,593 | 1,560 | 3,479 | 1,748 | 813 | 12,786 | 428 | 420 | 361 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,718 | - | - | - | - | |
9901 |
-2,116 | -4,100 | 1,705 | 1,204 | 914 | -90 | 726 | 2,237 | 1,440 | -1,255 | 892 | -359 | -3,298 | -3,684 | -15,114 | 99,459 | 67,171 | 59,440 | 67,339 | |
75/76B |
- | - | - | - | - | - | - | - | 3,436 | 539 | 1,415 | 1,369 | 4,540 | 537 | 2,700 | 26,609 | 8,055 | 2,457 | 286 | |
75 |
- | - | - | - | - | - | - | - | 3,436 | 539 | 1,415 | 1,369 | 4,540 | 537 | 2,700 | 26,609 | 8,055 | 2,457 | 286 | |
65/66B |
1,322 | 1,182 | 1,332 | 1,481 | 1,593 | 2,316 | 2,866 | 3,108 | 3,367 | 3,621 | 3,326 | 5,097 | 3,412 | 6,409 | 8,479 | 28,110 | -7,503 | 41,607 | 7,822 | |
65 |
1,322 | 1,182 | 1,332 | 1,481 | 1,593 | 2,316 | 2,866 | 3,108 | 3,367 | 3,621 | 3,326 | 5,097 | 3,412 | 6,409 | 8,479 | 28,110 | -7,503 | 41,607 | 7,822 | |
9903 |
-3,438 | -5,283 | 373 | -277 | -679 | -2,406 | -2,140 | -871 | 1,509 | -4,337 | -1,019 | -4,087 | -2,170 | -9,556 | -25,611 | 97,958 | 82,729 | 20,290 | 59,803 | |
67/77 |
- | - | - | - | - | - | - | - | - | 0 | - | - | - | 57 | 798 | 29,193 | 20,298 | 18,248 | 18,030 | |
9904 |
-3,438 | -5,283 | 373 | -277 | -679 | -2,406 | -2,140 | -871 | 1,509 | -4,337 | -1,019 | -4,087 | -2,170 | -9,613 | -26,409 | 68,765 | 62,431 | 2,042 | 41,773 | |
9905 |
-3,438 | -5,283 | 373 | -277 | -679 | -2,406 | -2,140 | -871 | 1,509 | -4,337 | -1,019 | -4,087 | -2,170 | -9,613 | -26,409 | 68,765 | 62,431 | 2,042 | 41,773 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-3,438 | -5,283 | 373 | -277 | -679 | -2,406 | -2,140 | -871 | 1,509 | -4,337 | -1,019 | -4,087 | -2,170 | -9,613 | -26,409 | 68,765 | 62,431 | 2,042 | 41,773 | |
791/2 |
3,438 | 5,283 | 0 | 277 | 679 | 2,406 | 2,140 | 871 | - | 4,337 | 1,019 | 4,087 | 2,170 | 9,613 | 26,409 | - | - | - | - | |
691/2 |
- | 0 | 373 | - | - | - | - | - | 1,509 | - | - | - | - | - | - | 68,765 | 60,793 | 2,042 | 35,773 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 0 | 373 | - | - | - | - | - | 1,509 | - | - | - | - | - | - | 68,765 | 60,793 | 2,042 | 33,913 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,638 | - | 6,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,638 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,000 | |
| Document | ||||||||||||||||||||
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 03-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 3 days after the deadline. Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00374285.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00374285 | |
| 31-12-2024 | micro format | 11-08-2025 | 2025-00378309 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00262643 | |
| 31-12-2022 | micro format | 09-07-2023 | 2023-00217815 | |
| 31-12-2021 | micro format | 19-08-2022 | 2022-20297104 | |
| 31-12-2020 | micro format | 11-05-2021 | 2021-13600529 | |
| 31-12-2019 | micro format | 14-04-2020 | 2020-09000008 | |
| 31-12-2018 | micro format | 15-03-2019 | 2019-07000369 | |
| 31-12-2017 | micro format | 03-05-2018 | 2018-11600248 | |
| 31-12-2016 | abbreviated format | 23-05-2017 | 2017-12600516 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-21800558 | |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-29300101 | |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-29000186 | |
| 31-12-2012 | abbreviated format | 27-06-2013 | 2013-21800013 | |
| 31-12-2011 | abbreviated format | 17-07-2012 | 2012-29300348 | |
| 31-12-2010 | abbreviated format | 28-07-2011 | 2011-35300348 | |
| 31-12-2009 | abbreviated format | 07-07-2010 | 2010-27100327 | |
| 31-12-2008 | abbreviated format | 15-07-2009 | 2009-40400298 | |
| 31-12-2007 | abbreviated format | 03-07-2008 | 2008-33900354 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,015 | 5,030 | 10,836 | 10,335 | 10,045 | 9,040 | 9,857 | 11,367 | 10,571 | 7,876 | 10,933 | 9,839 | 7,304 | 6,861 | 102 | 169,525 | 72,012 | 63,848 | 72,654 | ||
| 5,693 | 3,848 | 9,504 | 8,854 | 8,452 | 6,725 | 6,991 | 8,259 | 10,640 | 4,794 | 9,022 | 6,111 | 8,432 | 932 | -11,193 | 138,831 | 67,272 | 6,450 | 47,088 | ||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -25 | 0 | 0 | 1,768 | 0 | 2,563 | 400,526 | 1,491 | 468 | 21,751 | ||
| -950 | 753 | -472 | 590 | -375 | 383 | -365 | 95 | 8 | -169 | -893 | -11,338 | 12,212 | -20,228 | 12,295 | -15,098 | 19,857 | -10,210 | - | ||
| -19,764 | -17,207 | -12,805 | -14,059 | -14,663 | -14,864 | -13,339 | -12,080 | -12,089 | -14,479 | -11,048 | -11,820 | -9,681 | -7,648 | -305 | 21,726 | 101,862 | 37,719 | 31,737 | ||
| 60.6% | 59.3% | 59.4% | 56.7% | 54.8% | 52.9% | 52.0% | 50.9% | 49.5% | 47.4% | 46.7% | 44.0% | 43.1% | 43.0% | 41.8% | 42.7% | 96.3% | 86.5% | 67.8% | ||
| 0.02 | 0.07 | 0.04 | 0.07 | 0.03 | 0.05 | 0.03 | 0.06 | 0.05 | 0.04 | 0.31 | 0.56 | 0.68 | 0.70 | 0.99 | 1.37 | 25.02 | 5.79 | 2.39 | ||
| 0.65 | 0.69 | 0.68 | 0.76 | 0.83 | 0.89 | 0.92 | 0.96 | 1.02 | 1.11 | 1.14 | 1.27 | 1.32 | 1.33 | 1.39 | 1.34 | 0.04 | 0.16 | 0.48 | ||
| -2.9% | -4.3% | 0.3% | -0.2% | -0.5% | -1.9% | -1.6% | -0.7% | 1.1% | -3.3% | -0.7% | -3.0% | -1.5% | -6.7% | -17.2% | 38.3% | 56.2% | 4.1% | 86.7% | ||
| -1.8% | -2.6% | 0.2% | -0.1% | -0.3% | -1.0% | -0.9% | -0.3% | 0.6% | -1.6% | -0.3% | -1.3% | -0.7% | -2.9% | -7.2% | 16.3% | 54.2% | 3.5% | 58.8% | ||
| 5.31 | 4.25 | 8.13 | 6.98 | 6.30 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €165,000 | €165,000 | €165,000 | €165,000 | €232,526 |
| Carrying value of the mortgaged assets | €196,003 | €205,134 | €214,264 | €223,395 | €165,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Insights on MAPICOM
The operating result for 2025 is a loss of €2,116, smaller than the loss of €4,100 in 2024.
Debt's share of the balance-sheet total falls from 40.7% to 39.4%. Equity and debt are lower.