MAPIZON
Bankruptcy closedInactive since 27-06-2026; last annual accounts for fiscal year 2023.
Summary
MAPIZON was declared bankrupt on 23-01-2025 (Tribunal de l’entreprise de Liège, division Namur); the bankruptcy was closed by liquidation by judgment of 24-06-2026, published in the Belgian State Gazette on 30-06-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€26,946
2022 · €8,871
Total assets
€7,178▼ 76.3%
2022 · €30,258
Net result
-€35,818▼ 178%
2022 · -€12,872
Working capital
-€26,946
2022 · €8,871
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€1,884€24,246-€6,533-€9,959▼ 52.4%-€35,668▼ 258%
Net result-€11,001€14,642-€6,533-€12,872▼ 97.0%-€35,818▼ 178%
Equity€13,634▼ 44.7%€28,276▲ 107%€21,743▼ 23.1%€8,871▼ 59.2%-€26,946
Total assets€384,874▼ 17.6%€35,559▼ 90.8%€37,269▲ 4.8%€30,258▼ 18.8%€7,178▼ 76.3%
Debt€371,240▼ 16.0%€7,283▼ 98.0%€15,526▲ 113%€21,387▲ 37.7%€34,125▲ 59.6%
Working capital€2,086▼ 93.2%€28,276▲ 1,255%€21,743▼ 23.1%€8,871▼ 59.2%-€26,946
Staff (FTE)1=1=1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2020 Total assets -91% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35,668 in 2023 against €9,959 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
Solvency
-375.4%▼
2022 · 29.3%
Current ratio
0.21▼
2022 · 1.41
Debt to equity
-1.27▼
2022 · 2.41
ROA
-499.0%▼
2022 · -42.5%
Debt ≤ 1 year
€34,125▲
2022 · €21,387
Staff costs
€49,526▼
2022 · €50,453
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,750 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €42,508 | €50,453 | €49,526 | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,417 | €380 | - | - | - | - |
| Gross operating margin9900 | €39,097 | €62,094 | €35,975 | €40,494 | €13,859 | ▼ 65.8% |
| Operating profit (loss)9901 | -€1,884 | €24,246 | -€6,533 | -€9,959 | -€35,668 | ▼ 258% |
| Financial charges65/66B | - | - | - | €259 | €150 | ▼ 42.2% |
| Recurring financial charges65 | €8,207 | €6,518 | - | €259 | €150 | ▼ 42.2% |
| Profit (loss) for the period before taxes9903 | -€10,091 | €17,728 | -€6,533 | -€10,219 | -€35,818 | ▼ 251% |
| Income taxes67/77 | €910 | €3,086 | - | €2,653 | - | - |
| Profit (loss) for the period9904 | -€11,001 | €14,642 | -€6,533 | -€12,872 | -€35,818 | ▼ 178% |
| Profit (loss) for the period to be appropriated9905 | -€11,001 | €14,642 | -€6,533 | -€12,872 | -€35,818 | ▼ 178% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €384,874 | €35,559 | €37,269 | €30,258 | €7,178 | ▼ 76.3% |
| Fixed assets21/28 | €229,937 | - | - | - | - | - |
| Tangible fixed assets22/27 | €229,937 | - | - | - | - | - |
| Current assets29/58 | €154,937 | €35,559 | €37,269 | €30,258 | €7,178 | ▼ 76.3% |
| Stocks and contracts in progress3 | €151,522 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2,730 | €34,897 | €36,005 | €29,102 | €6,965 | ▼ 76.1% |
| Trade receivables40 | - | - | €33,275 | €26,372 | €4,235 | ▼ 83.9% |
| Other amounts receivable41 | - | - | €2,730 | €2,730 | €2,730 | = |
| Cash at bank and in hand54/58 | €686 | €662 | €1,265 | €1,156 | €214 | ▼ 81.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €384,874 | €35,559 | €37,269 | €30,258 | €7,178 | ▼ 76.3% |
| Equity10/15 | €13,634 | €28,276 | €21,743 | €8,871 | -€26,946 | ▼ 404% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€4,966 | €9,676 | €3,143 | -€9,729 | -€45,546 | ▼ 368% |
| Amounts payable17/49 | €371,240 | €7,283 | €15,526 | €21,387 | €34,125 | ▲ 59.6% |
| Amounts payable after more than one year17 | €218,389 | - | - | - | - | - |
| Amounts payable within one year42/48 | €152,851 | €7,283 | €15,526 | €21,387 | €34,125 | ▲ 59.6% |
| Trade debts44 | €35,646 | €716 | €672 | €602 | - | - |
| Suppliers440/4 | - | - | €672 | €602 | - | - |
| Taxes, remuneration and social security45 | - | - | €14,854 | €15,785 | €15,625 | ▼ 1.0% |
| Taxes450/3 | - | - | €11,672 | €9,968 | €8,337 | ▼ 16.4% |
| Remuneration and social security454/9 | - | - | €3,182 | €5,817 | €7,288 | ▲ 25.3% |
| Other amounts payable47/48 | - | - | - | €5,000 | €18,500 | ▲ 270% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,001 | €14,642 | -€6,533 | -€12,872 | -€35,818 | ▼ 178% |
| + Depreciation and write-downs630 | €8,417 | €380 | - | - | - | - |
| Operating cash flow (approximation) | -€2,584 | €15,022 | -€6,533 | -€12,872 | -€35,818 | ▼ 178% |
| Change in cash | - | -€24 | €603 | -€108 | -€942 | ▼ 769% |
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
2026
30-06
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Namur · event 24-06-2026
2025
29-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 23-01-2025
07-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 160 days late
2023
31-12
Financial
Weakest financial yearnet -€35,818
Net result drops to -€35,818, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-12
Financial
Back to profitnet €14,642
Net result €14,642 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 4.88
Current ratio from 1.01 to 4.88; short-term debt falls from €152,851 to €7,283.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, La Bruyère
Ground area
1,275 m²
Building footprint
153 m²
Volume, LiDAR
1,044 m³
Parcel 92036C0045/00K000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92036C0045/00K000 | Wallonia | 1,274 m² | 1 · 153 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VERONIQUE DANCOT AVENUE DE LA PLANTE 11/A,
5000 NAMUR |
23-01-2025 → 24-06-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
46180Agents specialised in the wholesale of other particular products
68204Real estate activities
77110Renting and leasing of cars and light motor vehicles
82100Office administrative and support services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.