MAPIDE
Annual accounts 2025
micro format, filed on 30-04-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €340,000 and €710,000.
Balance sheet
balance sheet total €2.7m on 30-09-2025in euro
in euro
Position in the sector
17.6%
Higher than 22% of 39,360 companies in 2025.
1.39
Higher than 36% of 38,044 companies in 2025.
1.3%
Higher than 22% of 38,516 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
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 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
2.7m | 2.0m | 2.2m | 2.2m | 2.3m | 910,848 | 819,812 | 616,629 | 607,815 | 170,208 | 144,307 | 133,295 | 114,817 | 135,655 | 113,189 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 250 | |
21/28 |
2.3m | 1.6m | 1.8m | 2.2m | 2.2m | 772,861 | 762,796 | 511,231 | 499,119 | 81,399 | 87,149 | 92,966 | 98,799 | 104,649 | 70,658 | |
22/27 |
1.5m | 1.6m | 1.7m | 2.1m | 2.2m | 747,860 | 762,795 | 511,230 | 499,119 | 81,399 | 87,149 | 92,966 | 98,799 | 104,649 | 70,408 | |
22 |
302,899 | 328,635 | 354,371 | 598,059 | 637,417 | 570,637 | 603,410 | 363,742 | 382,893 | 81,399 | 87,149 | 92,900 | 98,650 | 104,400 | 70,408 | |
24 |
11,531 | 17,144 | 30,948 | 41,813 | 27,866 | - | 220 | 440 | - | - | - | 66 | 149 | 249 | - | |
25 |
1.0m | 1.1m | 1.1m | 1.2m | 1.3m | - | - | - | - | - | - | - | - | - | - | |
26 |
146,655 | 184,850 | 190,358 | 244,851 | 238,087 | 177,223 | 159,165 | 147,047 | 116,226 | - | - | - | - | - | - | |
28 |
846,201 | 25,001 | 25,001 | 50,001 | 25,001 | 25,001 | 1 | 1 | - | - | - | - | - | - | - | |
29/58 |
390,945 | 391,193 | 450,169 | 87,347 | 55,151 | 137,986 | 57,016 | 105,398 | 108,696 | 88,809 | 57,158 | 40,329 | 16,018 | 31,006 | 42,531 | |
40/41 |
200,565 | 67,407 | 73,391 | 42,558 | 20,912 | 68,536 | 48,708 | 34,649 | 38,474 | 17,748 | 13,636 | 16,625 | 8,756 | 11,650 | 11,918 | |
40 |
44,765 | 42,407 | 46,946 | 39,170 | 18,442 | 65,386 | 36,588 | 34,649 | 32,031 | 16,538 | 13,636 | 16,625 | 8,731 | 11,645 | 11,918 | |
41 |
155,800 | 25,000 | 26,446 | 3,388 | 2,470 | 3,150 | 12,120 | - | 6,443 | 1,210 | - | - | 25 | 5 | - | |
50/53 |
145,915 | 598 | 1,125 | 4,969 | 9,068 | 2,017 | - | - | - | - | - | - | - | - | - | |
54/58 |
37,451 | 317,368 | 363,018 | 24,178 | 16,815 | 65,448 | 5,035 | 61,646 | 69,436 | 71,061 | 43,522 | 23,704 | 7,262 | 19,321 | 30,577 | |
490/1 |
7,014 | 5,819 | 12,635 | 15,641 | 8,355 | 1,985 | 3,273 | 9,103 | 786 | - | - | - | - | 35 | 36 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
2.7m | 2.0m | 2.2m | 2.2m | 2.3m | 910,848 | 819,812 | 616,629 | 607,815 | 170,208 | 144,307 | 133,295 | 114,817 | 135,655 | 113,189 | |
10/15 |
478,579 | 524,204 | 499,495 | 461,503 | 412,748 | 361,717 | 280,516 | 233,882 | 201,003 | 87,908 | 41,324 | 20,969 | -1,331 | 5,994 | 13,672 | |
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 | |
100 |
- | - | - | - | - | - | 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 | |
13 |
466,179 | 511,804 | 487,095 | 449,103 | 400,348 | 349,317 | 268,116 | 221,482 | 188,603 | 75,508 | 28,924 | 8,569 | 63 | 63 | 63 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 63 | 63 | 63 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
132 |
37,500 | 37,500 | 37,500 | 80,900 | 80,900 | 80,900 | 80,900 | 80,900 | 37,500 | 18,750 | - | - | - | - | - | |
133 |
428,679 | 474,304 | 449,595 | 366,343 | 317,588 | 266,557 | 185,356 | 138,722 | 149,243 | 54,898 | 27,064 | 6,709 | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | -13,794 | -6,469 | 1,209 | |
17/49 |
2.2m | 1.5m | 1.7m | 1.8m | 1.9m | 549,131 | 539,296 | 382,748 | 406,812 | 82,299 | 102,983 | 112,326 | 116,148 | 129,661 | 99,517 | |
17 |
1.9m | 1.2m | 1.4m | 1.5m | 1.6m | 392,917 | 447,417 | 243,917 | 289,417 | 48,000 | 60,000 | 72,000 | 84,001 | 96,000 | 72,026 | |
170/4 |
1.9m | 1.2m | 1.4m | 1.5m | 1.6m | 392,917 | 447,417 | 243,917 | 289,417 | 48,000 | 60,000 | 72,000 | 84,001 | 96,000 | 72,026 | |
42/48 |
281,074 | 258,722 | 321,790 | 267,521 | 211,755 | 155,347 | 91,863 | 138,753 | 117,162 | 34,099 | 42,574 | 39,797 | 31,335 | 33,247 | 25,234 | |
42 |
131,312 | 135,808 | 134,736 | 133,679 | 132,636 | 54,500 | 63,500 | 45,500 | 45,500 | 12,000 | 12,000 | 12,000 | 11,999 | 12,000 | 12,000 | |
44 |
2,937 | 4,215 | 1,123 | 6,174 | 18,160 | 49,207 | 18,232 | 51,147 | 53,925 | 6,036 | 1,948 | 3,803 | 275 | 5,423 | 4,899 | |
440/4 |
2,937 | 4,215 | 1,123 | 6,174 | 18,160 | 49,207 | 18,232 | 51,147 | 53,925 | 6,036 | 1,948 | 3,803 | 275 | 5,423 | 4,899 | |
45 |
27,859 | 46,829 | 49,550 | 56,917 | 40,197 | 51,140 | 9,828 | 41,621 | 14,351 | 12,779 | 21,878 | 14,347 | 7,541 | 4,139 | 8,335 | |
450/3 |
27,047 | 45,917 | 48,876 | 53,494 | 36,918 | 47,869 | 6,590 | 41,621 | 11,548 | 9,982 | 18,537 | 14,347 | 4,756 | 1,514 | 4,547 | |
454/9 |
813 | 912 | 674 | 3,423 | 3,279 | 3,271 | 3,238 | - | 2,803 | 2,797 | 3,341 | - | 2,785 | 2,625 | 3,788 | |
47/48 |
118,966 | 71,870 | 136,381 | 70,752 | 20,762 | 501 | 304 | 485 | 3,386 | 3,284 | 6,748 | 9,647 | 11,520 | 11,685 | - | |
492/3 |
26,480 | 8,866 | 5,903 | 1,830 | 1,301 | 866 | 16 | 77 | 233 | 201 | 409 | 529 | 812 | 414 | 2,257 | |
| Income statement | ||||||||||||||||
76A |
9,716 | 6,440 | 150,679 | - | - | - | - | - | 30,560 | 13,306 | - | - | - | - | - | |
9900 |
285,112 | 259,665 | 420,518 | 315,639 | 293,648 | 186,839 | 168,194 | 119,561 | 286,751 | 62,640 | 47,077 | 49,126 | 10,161 | 22,164 | 17,034 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | 45 | - | - | - | |
630 |
137,443 | 140,261 | 141,489 | 154,018 | 183,695 | 56,150 | 90,727 | 38,483 | 93,686 | 5,750 | 5,817 | 5,833 | 5,850 | 20,916 | 14,367 | |
640/8 |
12,982 | 17,566 | 3,461 | 27,932 | 9,135 | 6,042 | 4,252 | 3,653 | 6,565 | 9,251 | 1,522 | 1,638 | 1,605 | 937 | 348 | |
66A |
6,622 | - | 33,788 | - | - | - | - | - | 50,824 | 28,328 | 25,790 | 30,211 | 21,808 | 19,946 | - | |
9901 |
128,065 | 101,838 | 241,781 | 133,689 | 100,818 | 124,647 | 73,215 | 77,425 | 135,677 | 47,638 | 39,738 | 41,610 | 2,706 | 311 | 2,319 | |
75/76B |
7,815 | 10,582 | 206 | 151 | 1 | 424 | 606 | 30 | 3 | 26 | 38 | 70 | 10 | 65 | 36 | |
75 |
7,815 | 10,582 | 206 | 151 | 1 | 424 | 606 | 30 | 3 | 26 | 38 | 70 | 10 | 65 | 36 | |
65/66B |
67,906 | 28,932 | 27,061 | 26,694 | 21,705 | 5,893 | 3,902 | 4,751 | 7,921 | 3,081 | 5,157 | 7,433 | 9,670 | 8,019 | 571 | |
65 |
62,135 | 28,932 | 27,061 | 26,694 | 21,705 | 5,893 | 3,902 | 4,751 | 7,921 | 3,081 | 5,157 | 7,433 | 9,670 | 8,019 | 571 | |
66B |
5,772 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
67,974 | 83,489 | 214,926 | 107,146 | 79,115 | 119,179 | 69,919 | 72,704 | 127,760 | 29,561 | 8,829 | 4,036 | -28,762 | -27,589 | 1,784 | |
67/77 |
32,398 | 58,779 | 62,235 | 58,392 | 28,084 | 37,978 | 23,284 | 39,825 | 14,665 | -17,024 | -11,526 | -18,263 | -21,437 | -19,911 | 511 | |
9904 |
35,576 | 24,710 | 152,691 | 48,755 | 51,031 | 81,201 | 46,635 | 32,879 | 113,094 | 46,585 | 20,355 | 22,299 | -7,325 | -7,678 | 1,273 | |
789 |
- | - | 43,400 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 43,400 | 18,750 | 18,750 | - | - | - | - | - | |
9905 |
35,576 | 24,710 | 196,091 | 48,755 | 51,031 | 81,201 | 46,635 | -10,521 | 94,344 | 27,835 | 20,355 | 22,299 | -7,325 | -7,678 | 1,273 | |
| Appropriation of the result | ||||||||||||||||
9906 |
35,576 | 24,710 | 196,091 | 48,755 | 51,031 | 81,201 | 46,635 | -10,521 | 94,344 | 27,835 | 20,355 | 8,505 | -13,794 | -6,469 | 1,273 | |
791/2 |
81,201 | - | 114,699 | - | - | - | - | 10,521 | - | - | - | - | - | - | - | |
691/2 |
35,576 | 24,710 | 196,091 | 48,755 | 51,031 | 81,201 | 46,635 | - | 94,344 | 27,835 | 20,355 | 8,505 | - | - | 64 | |
6921 |
35,576 | 24,710 | 196,091 | 48,755 | 51,031 | 81,201 | 46,635 | - | 94,344 | 27,835 | 20,355 | 8,505 | - | - | 64 | |
694/7 |
81,201 | - | 114,699 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
81,201 | - | 114,699 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00101208 | |
| 30-09-2024 | micro format | 20-03-2025 | 2025-00053162 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00077036 | |
| 30-09-2022 | micro format | 04-05-2023 | 2023-00084752 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20044055 | |
| 30-09-2020 | micro format | 22-03-2021 | 2021-08000517 | |
| 30-09-2019 | micro format | 28-04-2020 | 2020-10900460 | |
| 30-09-2018 | micro format | 17-04-2019 | 2019-10300585 | |
| 30-09-2017 | micro format | 30-03-2018 | 2018-08900392 | |
| 31-12-2015 | abbreviated format | 11-07-2016 | 2016-30000379 | |
| 31-12-2014 | abbreviated format | 22-07-2015 | 2015-33600547 | |
| 31-12-2013 | abbreviated format | 20-08-2014 | 2014-46100318 | |
| 31-12-2012 | abbreviated format | 26-08-2013 | 2013-52600545 | |
| 31-12-2011 | abbreviated format | 19-07-2012 | 2012-31600502 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-50800030 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 265,508 | 242,099 | 383,270 | 287,707 | 284,513 | 180,797 | 163,942 | 115,908 | 229,363 | 53,388 | 45,555 | 47,443 | 8,556 | 21,227 | 16,686 | ||
| 173,019 | 164,970 | 294,180 | 202,773 | 234,726 | 137,351 | 137,362 | 71,362 | 206,780 | 52,335 | 26,172 | 28,132 | -1,475 | 13,238 | 15,640 | ||
| 835,976 | 44,007 | 17,003 | 93,193 | 1.6m | 66,215 | 342,292 | 50,595 | 511,406 | 0 | 0 | 0 | 0 | 54,907 | 84,025 | ||
| -279,917 | -45,650 | 338,840 | 7,363 | -48,633 | 60,413 | -56,610 | -7,790 | - | 27,539 | 19,818 | 16,442 | -12,059 | -11,256 | - | ||
| 109,871 | 132,471 | 128,380 | -180,174 | -156,605 | -17,361 | -34,847 | -33,355 | -8,466 | 54,710 | 14,584 | 532 | -15,317 | -2,241 | 17,297 | ||
| 17.6% | 25.8% | 22.7% | 20.6% | 18.2% | 39.7% | 34.2% | 37.9% | 33.1% | 51.6% | 28.6% | 15.7% | -1.2% | 4.4% | 12.1% | ||
| 1.39 | 1.51 | 1.40 | 0.33 | 0.26 | 0.89 | 0.62 | 0.76 | 0.93 | 2.60 | 1.34 | 1.01 | 0.51 | 0.93 | 1.69 | ||
| 4.67 | 2.87 | 3.41 | 3.85 | 4.49 | 1.52 | 1.92 | 1.64 | 2.02 | 0.94 | 2.49 | 5.36 | - | 21.63 | 7.28 | ||
| 7.4% | 4.7% | 30.6% | 10.6% | 12.4% | 22.4% | 16.6% | 14.1% | 56.3% | 53.0% | 49.3% | 106.3% | - | -128.1% | 9.3% | ||
| 1.3% | 1.2% | 6.9% | 2.2% | 2.3% | 8.9% | 5.7% | 5.3% | 18.6% | 27.4% | 14.1% | 16.7% | -6.4% | -5.7% | 1.1% | ||
| 4.27 | 8.37 | 14.16 | 10.78 | 13.11 | - | - | - | - | - | - | - | - | - | - |
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €10,000 | €10,000 | €10,000 | €35,000 | €30,000 |
| €1.3m | €1.3m | €1.3m | €1.6m | €1.6m | |
| Carrying value of the mortgaged assets | €1.3m | €1.4m | €1.5m | €1.8m | €1.9m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,776 | €44,007 | €17,003 | €68,193 | €1.6m |
| Financial fixed assets | €821,200 | - | - | €25,000 | - |
| €137,443 | €140,261 | €141,489 | €154,018 | €183,695 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MAPIDE
The operating result for 2025 is 26% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 74.2% to 82.4%. Equity is lower and debt is higher.
- 2024 Net result -84% on 2023. The 2023 profit included a one-off income of €150,679.
- 2023 Net result +213% on 2022. The 2023 profit included a one-off income of €150,679.