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MapMallow

Active
Private limited companyfounded 201610 yrs activeVrijwilligerslaan 3, 3080 Tervuren, BelgiumKBO/BCE: BE 0647.679.193

MapMallow has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-22k) and a net result of €-32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
26 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-73
Solvency0▼-41
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.01 in 2023; short-term debt: 142.1% and cash: 0.4% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
-42.1%
Return on assets
-62.5%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
31 d late
2023
125 d late
2022
25 d late
2021
28 d late
2020
14 d late
2019
29 d late
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€-22k
2023 · €11k
2018: €12k 2019: €38k 2020: €57k 2021: €6k 2022: €8k 2023: €11k
2018 → 2024
Total assets
€52k▼ 22.2%
2023 · €67k
2018: €14k 2019: €40k 2020: €66k 2021: €17k 2022: €11k 2023: €67k
2018 → 2024
Net result
€-32k
2023 · €2k
2018: €6k 2019: €5k 2020: €-122 2021: €-11k 2022: €2k 2023: €2k
2018 → 2024
Working capital
€-71k▼ 27.0%
2023 · €-56k
2018: €9k 2019: €19k 2020: €18k 2021: €254 2022: €2k 2023: €-56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€57k-€6k▼ 88.8%€8k▲ 26.9%€11k▲ 29.8%€-22k
Operating result€174-€-11k€3k€3k▲ 15.8%€-32k
Net result€-122-€-11k▼ 8,953%€2k€2k▲ 40.5%€-32k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-30k€-20k€-10k€0Operating result 2020: €174€174Net result 2020: €-122€-122Operating result 2021: €-11k€-11kNet result 2021: €-11k€-11kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €-32k€-32kNet result 2024: €-32k€-32k20202021202220232024
The operating result turns negative in 2024: a loss of €32k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52k
Fixed assets €49k▼ 26.1%
Current assets €3k▲ 892%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-15k
2023 · €22k
Cash flow
€-15k
2023 · €21k
Solvency
-42.1%
2023 · 15.9%
Current ratio
0.04
2023 · 0.01
Quick ratio
0.04
2023 · 0.01
Debt / equity
-3.38
2023 · 5.28
ROA
-62.5%
2023 · 3.7%
Interest coverage
-163.19
2023 · 21.36
Debt
€74k
2023 · €56k
Debt ≤ 1 year
€74k
2023 · €56k
Income taxes
€328
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€67k€52k
Fixed assets21/28€66k€49k
Tangible fixed assets22/27€65k€48k
Furniture and vehicles24€65k€48k
Financial fixed assets28€1k€1k=
Current assets29/58€289€3k
Amounts receivable within one year40/41-€3k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€289€217
Equity and liabilities
Total equity and liabilities10/49€67k€52k
Equity10/15€11k€-22k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-8k€-40k
Amounts payable17/49€56k€74k
Amounts payable within one year42/48€56k€74k
Trade debts44€1k€930
Suppliers440/4€1k€930
Advances received on contracts in progress46-€288
Taxes, remuneration and social security45€971-
Taxes450/3€971-
Other amounts payable47/48€54k€73k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€17k
Other operating charges640/8-€325
Gross operating margin9900€22k€-14k
Operating profit (loss)9901€3k€-32k
Financial charges65/66B€1k€90
Recurring financial charges65€1k€90
Non-recurring financial charges66B€1k€90
Profit (loss) for the period before taxes9903€2k€-32k
Income taxes67/77-€328
Profit (loss) for the period9904€2k€-32k
Profit (loss) for the period to be appropriated9905€2k€-32k
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-40k
Profit (loss) brought forward from the previous period14P€-10k€-8k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Weakest financial yearnet €-32k ▼1431%
Net result drops to €-32k, the lowest in the series.
03-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 125 days late
2023
25-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-09
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
28-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
14-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
02-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
21-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Tervuren · 1 establishment unit since 2016
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vrijwilligerslaan 33080 Tervuren
Ground area
664 m²
Building footprint
186 m²
Volume, LiDAR
1,374 m³
Parcel 24302G0055/00N002, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MapMallow
Vrijwilligerslaan 3, 3080 TervurenRental and leasing activities
since 20162.250.262.319
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24302G0055/00N002 Flanders 664 m² 1 · 186 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 1,111 companies in sector 58110 we hold annual accounts for 363. 171 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-02-2016
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:olivier@mapmallow.com
Enterprise