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MAPLE COTTAGE

Active
Private limited companyfounded 20233 yrs activeChaussée de Dinant 23, 5170 Profondeville, BelgiumKBO/BCE: BE 0800.354.621
Summary

The computed 12-month bankruptcy probability of MAPLE COTTAGE is 2.6% (moderate). The 2024 annual accounts show equity of €25,217 and a net result of €16,402. Its solvency ranks better than 41% of 1856 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability78▲+5
Solvency37▲+8
Growth78
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.06 in 2023; short-term debt: 60.7% and cash: 9.1% of total assets), and 88.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
11.9%
Return on assets
7.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
38 d early
2024
38 d early
2023
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MAPLE COTTAGE was incorporated on 4 April 2023 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€25,217▲ 186%
2023 · €8,815
Total assets
€211,225▲ 2.5%
2023 · €206,135
Net result
€16,402▲ 110%
2023 · €7,815
Working capital
-€108,306▲ 23.5%
2023 · -€141,624
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€11,264-€23,928▲ 112%
Net result€7,815within the sector's middle half-€16,402within the sector's middle half▲ 110%
Equity€8,815within the sector's middle half-€25,217within the sector's middle half▲ 186%
Total assets€206,135within the sector's middle half-€211,225within the sector's middle half▲ 2.5%
Debt€197,320-€186,009▼ 5.7%
Working capital-€141,624within the sector's middle half--€108,306within the sector's middle half▲ 23.5%
Solvency4.3%within the sector's middle half-11.9%within the sector's middle half▲ 7.7pp
Current ratio0.06below the sector's middle half-0.16below the sector's middle half▲ 0.09
Return on assets (ROA)3.8%within the sector's middle half-7.8%above the sector's middle half▲ 4.0pp
above within below the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2023: €11,264€11,264Net result 2023: €7,815€7,815Operating result 2024: €23,928€23,928Net result 2024: €16,402€16,40220232024€0€10,000€20,000Operating result 2023: €11,264€11,300Net result 2023: €7,815€7,810Operating result 2024: €23,928€23,900Net result 2024: €16,402€16,40020232024
The operating result rises in 2024; 2024 is 112% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,225
Fixed assets €191,357 ▼ 2.7%
Current assets €19,868 ▲ 112%
Equity and liabilities €211,225
Equity €25,217 ▲ 186%
Debt €186,009 ▼ 5.7%
Debt's share of the balance-sheet total falls from 95.7% to 88.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41,816▲
2023 · €22,323
Cash flow
€34,290▲
2023 · €18,874
Debt to equity
7.38▼
2023 · 22.38
ROE
65.0%▼
2023 · 88.7%
Interest coverage
13.95▼
2023 · 15.98
Debt ≤ 1 year
€128,174▼
2023 · €151,005
Debt > 1 year
€57,835▲
2023 · €46,315
Income taxes
€4,528▲
2023 · €2,053
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€206,135€211,225▲
Fixed assets21/28€196,754€191,357▼
Tangible fixed assets22/27€196,754€191,357▼
Land and buildings22€134,605€125,533▼
Furniture and vehicles24€13,308€20,732▲
Other tangible fixed assets26€48,841€45,093▼
Current assets29/58€9,382€19,868▲
Amounts receivable within one year40/41€5,442€622▼
Trade receivables40€434€622▲
Other amounts receivable41€5,007€0▼
Cash at bank and in hand54/58€3,940€19,246▲
Equity and liabilities
Total equity and liabilities10/49€206,135€211,225▲
Equity10/15€8,815€25,217▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€7,815€24,217▲
Amounts payable17/49€197,320€186,009▼
Amounts payable after more than one year17€46,315€57,835▲
Financial debts170/4€46,315€57,835▲
Amounts payable within one year42/48€151,005€128,174▼
Current portion of amounts payable after more than one year42€5,716€5,980▲
Trade debts44€3,167€4,744▲
Suppliers440/4€3,167€4,744▲
Taxes, remuneration and social security45€2,053€7,263▲
Taxes450/3€2,053€7,263▲
Other amounts payable47/48€140,070€110,186▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,059€17,888▲
Other operating charges640/8€515€2,311▲
Gross operating margin9900€22,838€44,127▲
Operating profit (loss)9901€11,264€23,928▲
Financial charges65/66B€1,397€2,998▲
Recurring financial charges65€1,397€2,998▲
Profit (loss) for the period before taxes9903€9,867€20,930▲
Income taxes67/77€2,053€4,528▲
Profit (loss) for the period9904€7,815€16,402▲
Profit (loss) for the period to be appropriated9905€7,815€16,402▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,815€24,217▲
Profit (loss) brought forward from the previous period14P-€7,815

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,059€17,888▲ 61.8%
Other operating charges640/8€515€2,311▲ 349%
Gross operating margin9900€22,838€44,127▲ 93.2%
Operating profit (loss)9901€11,264€23,928▲ 112%
Financial charges65/66B€1,397€2,998▲ 115%
Recurring financial charges65€1,397€2,998▲ 115%
Profit (loss) for the period before taxes9903€9,867€20,930▲ 112%
Income taxes67/77€2,053€4,528▲ 121%
Profit (loss) for the period9904€7,815€16,402▲ 110%
Profit (loss) for the period to be appropriated9905€7,815€16,402▲ 110%
Line20232024Change
Assets
Total assets20/58€206,135€211,225▲ 2.5%
Fixed assets21/28€196,754€191,357▼ 2.7%
Tangible fixed assets22/27€196,754€191,357▼ 2.7%
Land and buildings22€134,605€125,533▼ 6.7%
Furniture and vehicles24€13,308€20,732▲ 55.8%
Other tangible fixed assets26€48,841€45,093▼ 7.7%
Current assets29/58€9,382€19,868▲ 112%
Amounts receivable within one year40/41€5,442€622▼ 88.6%
Trade receivables40€434€622▲ 43.2%
Other amounts receivable41€5,007€0▼ 100%
Cash at bank and in hand54/58€3,940€19,246▲ 388%
Equity and liabilities
Total equity and liabilities10/49€206,135€211,225▲ 2.5%
Equity10/15€8,815€25,217▲ 186%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€7,815€24,217▲ 210%
Amounts payable17/49€197,320€186,009▼ 5.7%
Amounts payable after more than one year17€46,315€57,835▲ 24.9%
Financial debts170/4€46,315€57,835▲ 24.9%
Amounts payable within one year42/48€151,005€128,174▼ 15.1%
Current portion of amounts payable after more than one year42€5,716€5,980▲ 4.6%
Trade debts44€3,167€4,744▲ 49.8%
Suppliers440/4€3,167€4,744▲ 49.8%
Taxes, remuneration and social security45€2,053€7,263▲ 254%
Taxes450/3€2,053€7,263▲ 254%
Other amounts payable47/48€140,070€110,186▼ 21.3%
Line20232024Change
Profit (loss) for the period9904€7,815€16,402▲ 110%
+ Depreciation and write-downs630€11,059€17,888▲ 61.8%
Operating cash flow (approximation)€18,874€34,290▲ 81.7%
Investment in fixed assets (approximation)--€12,492-
Change in cash-€15,306-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Profondeville · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
1,977 m²
Building footprint
219 m²
Volume, LiDAR
1,205 m³
2 parcels, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
MAPLE COTTAGE
Chaussée de Dinant 23, 5170 Profondeville
since 20232.390.969.034
MAPLE COTTAGE
Rue des Fonds(LU) 2, 5170 ProfondevilleOther holiday and short-stay accommodation
since 20232.390.969.232
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92079A0672/00H000 Wallonia 1,898 m² 1 · 203 m² 7.5 m · 2 fl.
92101C0043/00F000 Wallonia 79 m² 1 · 16 m² 5.2 m · 1 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.

Similar companies · same sector, comparable size

Of 733 companies in sector 55209 we hold annual accounts for 208. 128 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
Founded04-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
55209Other holiday and short-stay accommodation
Contact
E-mail info@staymaplecottage.com
Phone +32456982063
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800354621
Registered 19-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.