MAPIGEST
Annual accounts 2025
micro format, filed on 07-08-2026, 7 days lateThe turnover shown is an estimate from the gross margin.
Turnover ≈ €430,000. Estimated: probably between €360,000 and €760,000.
Balance sheet
balance sheet total €589,215 on 31-12-2025in euro
in euro
Position in the sector
41.1%
Higher than 38% of 39,368 companies in 2025.
5.07
Higher than 78% of 38,051 companies in 2025.
12.4%
Higher than 46% of 38,523 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
€119,841
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, nobody joined and 1 person left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
589,215 | 518,790 | |
21/28 |
45,986 | 50,039 | |
22/27 |
41,623 | 45,676 | |
23 |
6,418 | 9,661 | |
24 |
26,682 | 24,764 | |
26 |
8,523 | 11,250 | |
28 |
4,363 | 4,363 | |
29/58 |
543,229 | 468,751 | |
29 |
343,993 | 291,508 | |
291 |
343,993 | 291,508 | |
40/41 |
159,227 | 91,426 | |
40 |
159,044 | 78,803 | |
41 |
183 | 12,624 | |
54/58 |
33,790 | 78,437 | |
490/1 |
6,219 | 7,380 | |
| Balance sheet: equity and liabilities | |||
10/49 |
589,215 | 518,790 | |
10/15 |
242,455 | 169,133 | |
10/11 |
10,000 | 10,000 | |
13 |
232,455 | 159,133 | |
132 |
105,250 | 79,565 | |
133 |
127,205 | 79,568 | |
17/49 |
346,760 | 349,657 | |
17 |
239,166 | 256,378 | |
170/4 |
19,166 | 16,378 | |
178/9 |
220,000 | 240,000 | |
42/48 |
107,098 | 74,355 | |
42 |
10,401 | 6,475 | |
43 |
17,500 | 25,000 | |
430/8 |
17,500 | 25,000 | |
44 |
43,162 | 24,164 | |
440/4 |
43,162 | 24,164 | |
45 |
27,438 | 18,502 | |
450/3 |
27,438 | 18,502 | |
47/48 |
8,597 | 214 | |
492/3 |
496 | 18,924 | |
| Income statement | |||
76A |
0 | 100 | |
9900 |
302,908 | 506,268 | |
62 |
167,778 | 250,864 | |
630 |
16,183 | 16,637 | |
640/8 |
2,015 | 9,154 | |
66A |
7,105 | - | |
9901 |
109,828 | 229,614 | |
75/76B |
0 | 372 | |
75 |
0 | 372 | |
65/66B |
12,138 | 17,730 | |
65 |
12,138 | 17,730 | |
9903 |
97,689 | 212,255 | |
67/77 |
24,367 | 53,122 | |
9904 |
73,322 | 159,133 | |
689 |
25,685 | 79,565 | |
9905 |
47,637 | 79,568 | |
| Appropriation of the result | |||
9906 |
47,637 | 79,568 | |
691/2 |
47,637 | 79,568 | |
6921 |
47,637 | 79,568 | |
| Social balance sheet | |||
9087 |
1.4 | 2.2 | |
Hours worked1013 |
2,647 | 3,673 | |
| Document | |||
The notes to these accounts have 12 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 07-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388865.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 126,010 | 246,250 | ||
| 89,505 | 175,770 | ||
| 14,856 | 65,175 | ||
| -44,647 | - | ||
| 436,131 | 394,396 | ||
| 41.1% | 32.6% | ||
| 5.07 | 6.30 | ||
| 1.43 | 2.07 | ||
| 30.2% | 94.1% | ||
| 12.4% | 30.7% | ||
| 10.38 | 13.89 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 2 |
| full-time | 1 | 2 |
| part-time | 0 | 0 |
| in full-time equivalents | 1 | 2 |
| 1.4 | 2.2 | |
| On a permanent contract | 1 | 2 |
| Joined | 0 | 0 |
| Left | 1 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €14,856 | €60,812 |
| Financial fixed assets | €0 | €4,363 |
| €16,183 | €16,637 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MAPIGEST
The operating result for 2025 is 52% lower than in 2024.
Debt's share of the balance-sheet total falls from 67.4% to 58.9%. Equity is higher and debt is lower.