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Mapo Belgium

Active
Public limited companyfounded 198739 yrs activeEuropark 1035, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0431.090.071
Summary

Mapo Belgium has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717,970 and a net result of €382,784. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 35% of 168 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
Mapo BelgiumActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Sawmilling and planing of wood
NACE 16110NACE 16100NACE 20102
1 site
Size
€1.9mtotal assets 2025
Staff
6.7 FTE
Equity
€717,970
Profit
€382,784
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
Mapo Management · 71.6%
Holdings
1
Accounts 28 d early0 of 9 deeds read
Why 88- Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)- Liquidity: current ratio 0.99, cash €42,058, halved+ Founded in 1987+ Profit of €382,784 (FY 2025)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 16, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 64+21
equity 38.7% of total assets
Liquidity 31+4
short-term debt 44.3% · cash 2.3%
Profitability 95+3
return on assets 20.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,028 companies)
Last 24 months 11-2024: 6.0% 12-2024: 6.0%● 0.0% vs 11-2024 01-2025: 6.0%● 0.0% vs 12-2024 02-2025: 6.0%▲ +1.3% vs 01-2025 03-2025: 6.0%● 0.0% vs 02-2025 04-2025: 6.2%▲ +1.9% vs 03-2025 05-2025: 6.2%▲ +0.4% vs 04-2025highest value 06-2025: 0.6%▼ -90.8% vs 05-2025 07-2025: 0.6%● 0.0% vs 06-2025 08-2025: 0.6%● 0.0% vs 07-2025 09-2025: 0.6%● 0.0% vs 08-2025 10-2025: 0.6%● 0.0% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%● 0.0% vs 12-2025 02-2026: 0.6%● 0.0% vs 01-2026 03-2026: 0.6%● 0.0% vs 02-2026 04-2026: 0.6%▲ +1.4% vs 03-2026 05-2026: 0.6%▲ +1.9% vs 04-2026 06-2026: 0.6%▼ -3.6% vs 05-2026 07-2026: 0.6%▲ +7.9% vs 06-2026 08-2026: 0.3%▼ -54.1% vs 07-2026lowest value 09-2026: 0.3%● 0.0% vs 08-2026lowest value 10-2026: 0.3%● 0.0% vs 09-2026lowest value
  • Founded in 1987 lowers the probability for this profile
  • Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16) raises the probability
  • Liquidity: current ratio 0.99, cash €42,058, halved raises the probability
  • Profit of €382,784 (FY 2025) lowers the probability
Credit up to €60,000 at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.73 in 2024; short-term debt: 44.3% and cash: 2.3% of total assets), and 61.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 16, micro). Better than this share of them on solvency 46%, liquidity 21%, profitability 87%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Liquidity: current ratio 0.99, cash €42,058, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Profit of €382,784 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
83 d early
2023
13 d early
2022
5 d early
2021
24 d early
2020
31 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €382,784 ▲7.9%
  3. Equity above €500,000Eq €717,970 ▲114%

Key points

  • Positive: Equity rose in 2025from €335,186 to €717,970 ▲ 114% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by Mapo Management 71.6% View

By topic

Financials

Fiscal year
2025
Total assets
€1.9m
Profit
€382,784
Solvency
38.7%
Total assets▼ 1.5%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 03-07-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Sawmilling and planing of woodNACE 16110
Founded
29-04-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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