Equity
-€13,310
Debts exceed assets in financial year 2025.
MAPOOL
Overview
Lifetime
8 annual accounts with figures on one time axispeak €30,054 (2022)
€24,135▼ 13.9%
lowest -€27,997 (2018)
-€4,500▼ €5,281
peak -€5,391 (2023)
-€13,310▼ €4,500
€124,644▼ 6.9%
Board4 names since 2017
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €28,042 to €24,135Loss of €4,500Equity from -€8,810 to -€13,310Cash from €11,314 to €7,629
Key points
from the 2025 annual accountsDebts
€124,644 112% of the balance sheet
Financial debts 60%Suppliers 3%Taxes and wages 3%Other 35%
Of this, €47,478 falls due within a year.
Position in the sector
-12.0%
Lower solvency than 88% of companies in real estate. Sector median 31.0% · 19,803 companies.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as MAPOOL has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for MAPOOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager
Director
- founderdeed of 08-11-2017
- founderdeed of 08-11-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0683998666
2 directors reappointed
(director) and (director) · Permanent representative: · General meeting of 01-02-2023 · Gazette deed
Resignation: (manager)
General meeting of 13-02-2018 · Gazette deed
First establishment
MAPOOL SPRL, Rue de Fraipont 50, Sprimont
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAPOOL Theux | €111,334 | €24,135 | -12.0% | - |
| FLORINDA INVEST Liège | €92,914 | €22,261 | 77.8% | - |
| LA FERME DU BANNEWAY Sprimont | €103,338 | €31,351 | 78.2% | - |
| Centre LEVAO Hannut | €163,137 | €27,300 | 10.3% | - |
| IMENTIS SRL Malmedy | €147,768 | €20,421 | 12.4% | - |
| LOGEMITI Burdinne | €127,169 | €15,962 | 76.6% | - |
| Concept Hellin-Vienne Tournai | €126,418 | €22,690 | -48.9% | - |
These companies have the same main activity as MAPOOL: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €92,900 and €163,000, founded between 2014 and 2020.
Official details
Source: KBO- Status
- Active since 06-11-2017Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.272.362.1844141 Sprimont, since 05-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2026
Annual accounts 2025
- €24,135▼ 13.9%
- ≈ €84,000estimated
- €4,500
- -€13,310▼ 51.1%
- €111,334▼ 11.0%
- Filing
- Filed on 31-08-2026
Insights on MAPOOL
MAPOOL files the micro format. That format states no turnover. The gross margin rose from -€1,689 in 2018 to €24,135 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€24,135
▼ 13.9%
-€2,433
▼ €5,579
€22,680
▼ 13.7%
€20,613
▼ 13.8%
-12.0%
▼ 4.9 percentage points
0.27
▼ 0.04
Money flows
no detail for 2025Balance sheet
balance sheet total €111,334 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-12.0%
Higher than 12% of 19,803 companies in 2025.
0.27
Higher than 21% of 18,977 companies in 2025.
-4.0%
Higher than 19% of 19,446 companies in 2025.
MAPOOL
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
111,334 | 125,112 | 134,302 | 138,676 | 138,526 | 145,794 | 155,772 | 169,032 | |
21/28 |
98,598 | 110,999 | 104,323 | 115,993 | 122,339 | 133,753 | 147,131 | 163,516 | |
22/27 |
98,598 | 110,999 | 104,323 | 115,993 | 122,339 | 133,753 | 147,131 | 163,516 | |
22 |
90,885 | 99,356 | 104,323 | 115,837 | 121,523 | 132,276 | 147,131 | 163,516 | |
24 |
7,713 | 11,643 | 0 | 155 | 816 | 1,477 | - | - | |
29/58 |
12,736 | 14,114 | 29,979 | 22,684 | 16,186 | 12,041 | 8,641 | 5,516 | |
40/41 |
4,724 | 2,416 | 1,590 | 4,365 | 2,771 | 0 | 90 | 0 | |
40 |
4,318 | 2,412 | 1,590 | 4,365 | 2,725 | 0 | 90 | 0 | |
41 |
407 | 4 | - | 0 | 46 | - | 0 | 0 | |
54/58 |
7,629 | 11,314 | 28,389 | 18,319 | 13,415 | 12,041 | 8,551 | 5,516 | |
490/1 |
382 | 384 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
111,334 | 125,112 | 134,302 | 138,676 | 138,526 | 145,794 | 155,772 | 169,032 | |
10/15 |
-13,310 | -8,810 | -5,391 | -11,057 | -18,459 | -23,716 | -24,661 | -21,797 | |
10/11 |
2,000 | 2,000 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
14 |
-15,310 | -10,810 | -11,591 | -17,257 | -24,659 | -29,916 | -30,861 | -27,997 | |
17/49 |
124,644 | 133,923 | 139,693 | 149,733 | 156,985 | 169,511 | 180,433 | 190,829 | |
17 |
77,166 | 87,917 | 98,247 | 108,596 | 116,068 | 125,998 | 135,732 | 145,274 | |
170/4 |
74,316 | 85,067 | 95,607 | 105,956 | 116,068 | 125,998 | 135,732 | 145,274 | |
178/9 |
2,850 | 2,850 | 2,640 | 2,640 | - | - | - | - | |
42/48 |
47,478 | 45,845 | 41,446 | 41,137 | 40,917 | 43,513 | 44,701 | 45,555 | |
42 |
11,638 | 11,409 | 10,332 | 9,485 | 9,929 | 9,734 | 9,542 | 10,383 | |
44 |
3,285 | 1,215 | 1,882 | 1,911 | 325 | 3,701 | 4,352 | 5,308 | |
440/4 |
3,285 | 1,215 | 1,882 | 1,911 | 325 | 3,701 | 4,352 | 5,308 | |
45 |
3,761 | 2,998 | 3,139 | 3,648 | 896 | 991 | 1,181 | 167 | |
450/3 |
3,761 | 2,998 | 3,139 | 3,648 | 896 | 991 | 1,181 | 167 | |
47/48 |
28,794 | 30,224 | 26,093 | 26,093 | 29,767 | 29,087 | 29,627 | 29,697 | |
492/3 |
0 | 160 | - | - | - | - | - | - | |
| Income statement | |||||||||
70 |
- | - | - | - | - | - | - | 8,667 | |
9900 |
24,135 | 28,042 | 28,428 | 30,054 | 26,221 | 21,632 | 16,795 | -1,689 | |
60/61 |
- | - | - | - | - | - | - | 10,392 | |
630 |
25,113 | 23,125 | 19,130 | 18,777 | 17,652 | 16,989 | 16,385 | 23,464 | |
640/8 |
1,455 | 1,772 | 644 | 934 | 920 | 917 | 1,305 | 695 | |
9901 |
-2,433 | 3,145 | 8,654 | 10,343 | 7,648 | 3,726 | -895 | -25,847 | |
75/76B |
85 | 0 | 0 | 0 | 300 | 30 | - | 12 | |
75 |
85 | 0 | 0 | 0 | 300 | 30 | - | 12 | |
65/66B |
1,976 | 2,195 | 2,989 | 2,940 | 2,691 | 2,812 | 1,969 | 2,162 | |
65 |
1,976 | 2,195 | 2,989 | 2,940 | 2,691 | 2,812 | 1,969 | 2,162 | |
9903 |
-4,324 | 951 | 5,666 | 7,403 | 5,257 | 945 | -2,864 | -27,997 | |
67/77 |
176 | 170 | - | - | - | - | - | - | |
9904 |
-4,500 | 781 | 5,666 | 7,403 | 5,257 | 945 | -2,864 | -27,997 | |
9905 |
-4,500 | 781 | 5,666 | 7,403 | 5,257 | 945 | -2,864 | -27,997 | |
| Appropriation of the result | |||||||||
9906 |
-15,310 | -10,810 | -11,591 | -17,257 | -24,659 | -29,916 | -30,861 | -27,997 | |
14P |
-10,810 | -11,591 | -17,257 | -24,659 | -29,916 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 15 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 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00461231.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00461231 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00458441 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00429438 | |
| 31-12-2022 | micro format | 29-12-2023 | 2023-00539484 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20330717 | |
| 31-12-2020 | micro format | 31-10-2021 | 2021-76100592 | |
| 31-12-2019 | micro format | 29-10-2020 | 2020-65400332 | |
| 31-12-2018 | micro format | 03-09-2019 | 2019-61900060 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 22,680 | 26,270 | 27,784 | 29,119 | 25,301 | 20,715 | 15,490 | -2,384 | ||
| 20,613 | 23,906 | 24,796 | 26,179 | 22,909 | 17,933 | 13,521 | -4,534 | ||
| 12,712 | 29,801 | 7,460 | 12,430 | 6,238 | 3,612 | 0 | 186,979 | ||
| -3,684 | -17,075 | 10,070 | 4,904 | 1,374 | 3,490 | 3,035 | - | ||
| -34,742 | -31,731 | -11,466 | -18,453 | -24,730 | -31,472 | -36,060 | -40,039 | ||
| -12.0% | -7.0% | -4.0% | -8.0% | -13.3% | -16.3% | -15.8% | -12.9% | ||
| 0.27 | 0.31 | 0.72 | 0.55 | 0.40 | 0.28 | 0.19 | 0.12 | ||
| -4.0% | 0.6% | 4.2% | 5.3% | 3.8% | 0.6% | -1.8% | -16.6% | ||
| 11.48 | 11.97 | 9.30 | 9.90 | 9.40 | - | - | - | ||
| - | - | - | - | - | - | - | 0 days | ||
| - | - | - | - | - | - | - | 186 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | €160,000 | €160,000 | €160,000 |
| Carrying value of the mortgaged assets | - | - | €104,323 | €115,837 | €121,523 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,712 | €29,801 | €7,460 | €12,430 | €6,238 |
| Financial fixed assets | €0 | - | - | - | - |
| €25,113 | €23,125 | €19,130 | €18,777 | €17,652 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MAPOOL
The operating result for 2025 is a loss of €2,433, after a profit of €3,145 in 2024. It is the lowest result since 2018.
Equity is negative. Debt (€124,644) exceeds the balance-sheet total (€111,334).
Board & ownership
Board
2 directors, no change since November 2017Manager
appointed by deed of 08-11-2017
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Director (not named in the articles)
in office according to the deed of 06-02-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Si la société elle-même est nommée administrateur/gérant dans une société, la compétence pour désigner un représentant permanent revient à…”“Article 18: Dans tous actes engageant la responsabilité de la société, la signature du gérant doit être précédée ou suivie immédiatement de…”deed of 08-11-2017
Full text
Article 18: Dans tous actes engageant la responsabilité de la société, la signature du gérant doit être précédée ou suivie immédiatement de la mention de sa qualité de gérant.
Mandates through the years
4 names, the dashed line is todayManager
Director (not named in the articles)
Director (not named in the articles)
Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
-
- Manager, appointed by deed of 08-11-2017, still in office
-
- Director (not named in the articles), since before 31-12-2021
-
- Director (not named in the articles), from before 06-02-2023, no longer listed in the 2025 annual accounts
-
- Manager, until 06-11-2017
- Manager, appointed by deed of 08-11-2017, no longer listed in the 2025 annual accounts
Control
Founders
,
This company
MAPOOL
Equity -€13,310
Loss €4,500 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- -€133 in 2025
- Source
- 2025 annual accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-02-2023 (in French)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00deed of 08-11-2017 (in French)
Founders
At incorporation
deed of 08-11-2017 ↗
- founder
- founder
Capital transactions
Capital over time
- 06-02-2023 Converted to unavailable equity · €6,200
- 08-11-2017 Incorporation · €18,600 · 100 shares
Network & group
No group
MAPOOL has no parent and no holdings in its annual accounts. MAPOOL shares no director with another company.
At the same address
Rue des Foxhalles 27, 4910 Theux · 2 other companies| LES JARDINS DE VALENTINE
registered office since 20-08-2012 · founded in 2012 |
total assets €219,453 (2025) 0848.201.652 |
| Charles, Gaëtan (sole trader)
establishment since 18-01-2002 |
founded in 1996 0688.403.654 |
Timeline
Timeline
15 events since 2017Board
Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0683998666
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Annual accounts 2023 filed PDFmicro format · 31 days late
2023
Annual accounts 2022 filed PDFmicro format · 151 days late
2 directors reappointed (director) and (director) · Permanent representative: · General meeting of 01-02-20236 points ▸
- Director reappointment, (director (not named in the articles))
- Director reappointment, (director (not named in the articles))
- Permanent representative,
- Registered office clause, rue des Foxhalles 27, 4910 Theux
- General meeting, 01-02-2023
- 100 shares
- The deed holds 8 more points.
2022
Highest result from 2018 to 2025 net €7,403 ▲40.8% The operating result of €10,343 and the net result of €7,403 are both a record.
Annual accounts 2021 filed PDFmicro format · 26 days late
2021
Annual accounts 2020 filed PDFmicro format · 92 days late
2020
Back to profit net €945 The net result is €945, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 90 days late
2019
Annual accounts 2018 filed PDFmicro format · 34 days late
2018
Resignation: (manager)General meeting of 13-02-20182 points ▸
- General meeting, 13-02-2018
- Director resignation, (manager)
First establishment MAPOOL SPRL, Rue de Fraipont 50, Sprimont
2017
IncorporationFounding capital of €18,600, 100 shares · Founders: and · Appointments: (manager) and (manager) · published on 08-11-20175 points ▸
- Founder,
- Founder,
- Capital, €18,600, 100 shares
- Director appointment, (manager)
- Director appointment, (manager)
- The deed holds 1 more point.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0683.998.666
- VAT number
- BE 0683.998.666
- Peppol ID
- 0208:0683998666
- Other Peppol ID
- 9925:BE0683998666
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-11-2017
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Monday of June at 18:00deed of 08-11-2017 (in French)
- Peppol
- Reachable since 22-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MAPOOL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-02-2023 (in French)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203
Real estate rental main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La société a pour objet la prise de participations,sous quelque forme que ce soit,dans toutes entreprises belges ou étrangères,ainsi que…”deed of 06-02-2023 (in French)
7 activities
- La société a pour objet la prise de participations,sous quelque forme que ce soit,dans toutes entreprises belges ou étrangères,ainsi que l’administration,la gestion,le contrôle et la mise en valeur de ces participations,l’acquisition de tous titres et droits par voie de participation,d’apport,de souscription,de prise ferme ou d’option d’achat et de toute autre manière,l’acquisition de brevets et licences,leur gestion et leur mise en valeur,ainsi que toutes opérations se rattachant directement ou indirectement à son objet,en empruntant notamment avec ou sans garantie et en toutes monnaies,par la voie d’émission d’obligations qui pourront également être convertibles et/ou subordonnées et de bons,et en accordant des prêts ou garanties à des sociétés dans lesquelles elle aura pris des intérêts.
- La société pourra fournir aux sociétés dont elle détient des participations un support administratif.
- La société peut participer à la création,au développement d’entreprises industrielles,commerciales,financières,immobilières et leur prêter tout concours,soit par des prêts,garanties ou de toute autre manière.
- Elle pourra mettre à disposition du personnel.
- Elle peut réaliser toutes opérations en matière de conseil et d’études.
- La société a également pour objet pour son propre compte ou pour le compte de tiers la constitution,le développement et la gestion d’un patrimoine immobilier ; toutes les opérations (avec ou sans application de la TVA) relatives aux biens et droits immobiliers ; l’achat,la vente,la construction,la rénovation,l’aménagement,la location,la prise en location,l’échange,le lotissement et,en général,toutes les opérations qui sont liées directement ou indirectement à la gestion ou à l’exploitation de biens immobiliers ou de droits réels immobiliers ; La société pourra louer,sous-louer,acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège,un siège d’exploitation et/ou d’y loger son dirigeant à titre de résidence principale ou secondaire.
- La société pourra hypothéquer et affecter en garantie tous biens meubles ou immeubles pour son compte propre ou le compte de son dirigeant et/ou pourra réaliser toute opération d’engagement à titre de caution,aval ou garantie quelconques pour le compte de son dirigeant,à condition que ce soit dans le cadre d’une saine gestion patrimoniale ou pour acquérir des moyens supplémentaires destinés à faciliter l’exercice de la profession.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue des Foxhalles 27 registered office 4910 Theux | ||
| MAPOOL SPRL Rue de Fraipont 50, 4141 Sprimont 6820301 Renting and operating of own or leased non-residential real estate, excluding land | 05-02-2018 | 2.272.362.184 |
Buildings and parcels at the addresses
- Ground area
- 2,845 m²
- Buildings
- 281 m²
- Volume, LiDAR
- 2,042 m³
- Tallest building
- 10.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62067A0158/00D000 | 1,509 m² | 1 · 108 m² | 10.6 m · 3 |
| 63076A1093/00E000 | 1,335 m² | 1 · 173 m² | 9.2 m · 2 |