MaPos
Annual accounts 2025
micro format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €60,218 on 31-12-2025in euro
in euro
Position in the sector
86.0%
Higher than 84% of 39,376 companies in 2025.
7.32
Higher than 85% of 38,058 companies in 2025.
-28.2%
Lower than 95% of 38,530 companies in 2025.
Net result: bottom quarter · Equity: middle half · 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 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
60,218 | 79,058 | 102,901 | 125,927 | 100,142 | 109,811 | |
21/28 |
7,596 | 8,881 | 10,211 | 15,164 | 22,358 | 17,244 | |
22/27 |
7,596 | 8,881 | 10,211 | 15,164 | 22,358 | 17,244 | |
23 |
7,571 | 8,565 | 9,598 | 11,178 | 12,759 | 14,340 | |
24 |
25 | 317 | 613 | 3,985 | 9,599 | 2,905 | |
29/58 |
52,622 | 70,177 | 92,690 | 110,764 | 77,784 | 92,567 | |
40/41 |
207 | 401 | 3,890 | 4,972 | - | 0 | |
40 |
- | 0 | 3,890 | - | - | - | |
41 |
207 | 401 | 0 | 4,972 | - | 0 | |
54/58 |
52,415 | 69,775 | 88,595 | 105,705 | 77,784 | 92,567 | |
490/1 |
- | 0 | 206 | 87 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
60,218 | 79,058 | 102,901 | 125,927 | 100,142 | 109,811 | |
10/15 |
51,812 | 68,776 | 88,080 | 85,459 | 89,508 | 91,828 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
13 |
35,400 | 35,400 | 35,400 | 32,000 | 36,100 | 36,100 | |
130/1 |
100 | 100 | 100 | 100 | 100 | 100 | |
1311 |
100 | 100 | 100 | 100 | 100 | 100 | |
132 |
18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | |
133 |
17,300 | 17,300 | 17,300 | 13,900 | 18,000 | 18,000 | |
14 |
15,412 | 32,376 | 51,680 | 52,459 | 52,408 | 54,728 | |
17/49 |
8,406 | 10,282 | 14,821 | 40,468 | 10,634 | 17,984 | |
42/48 |
7,188 | 9,577 | 14,821 | 40,418 | 10,498 | 17,777 | |
44 |
433 | 61 | 212 | 870 | 447 | 115 | |
440/4 |
433 | 61 | 212 | 870 | 447 | 115 | |
45 |
372 | 1,166 | 3,763 | 21,548 | 6,776 | 12,554 | |
450/3 |
372 | 1,166 | 3,763 | 21,548 | 6,776 | 12,554 | |
47/48 |
6,384 | 8,351 | 10,846 | 18,000 | 3,274 | 5,107 | |
492/3 |
1,218 | 705 | 0 | 50 | 137 | 207 | |
| Income statement | |||||||
9900 |
-13,760 | -15,902 | 12,329 | 28,235 | 5,857 | 3,207 | |
630 |
1,285 | 1,329 | 5,842 | 7,194 | 4,474 | 2,795 | |
640/8 |
1,162 | 1,135 | 1,108 | 1,035 | 1,652 | 837 | |
9901 |
-16,208 | -18,366 | 5,379 | 20,006 | -269 | -425 | |
75/76B |
0 | 0 | 206 | 87 | - | - | |
75 |
0 | 0 | 206 | 87 | - | - | |
65/66B |
567 | 756 | 48 | 49 | 687 | 990 | |
65 |
567 | 756 | 48 | 49 | 687 | 990 | |
9903 |
-16,775 | -19,122 | 5,537 | 20,043 | -956 | -1,416 | |
67/77 |
189 | 182 | 2,083 | 6,092 | 564 | 477 | |
9904 |
-16,964 | -19,304 | 3,454 | 13,952 | -1,520 | -1,892 | |
9905 |
-16,964 | -19,304 | 3,454 | 13,952 | -1,520 | -1,892 | |
| Appropriation of the result | |||||||
9906 |
15,412 | 32,376 | 55,913 | 66,359 | 53,208 | 55,528 | |
14P |
32,376 | 51,680 | 52,459 | 52,408 | 54,728 | - | |
791/2 |
- | - | 0 | 18,000 | - | - | |
691/2 |
- | 0 | 3,400 | 13,900 | - | - | |
6921 |
- | 0 | 3,400 | 13,900 | - | - | |
694/7 |
- | 0 | 833 | 18,000 | 800 | 800 | |
694 |
- | 0 | 833 | 18,000 | 800 | 800 | |
| Document | |||||||
The notes to these accounts have 8 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 23-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00321302 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00381620 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00308593 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00295176 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20228363 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54000315 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -14,922 | -17,037 | 11,221 | 27,200 | 4,205 | 2,370 | ||
| -15,679 | -17,975 | 9,296 | 21,146 | 2,953 | 903 | ||
| 0 | 0 | 889 | 0 | 9,587 | 431 | ||
| -17,361 | -18,819 | -17,110 | 27,921 | -14,783 | - | ||
| 45,434 | 60,600 | 77,869 | 70,346 | 67,286 | 74,790 | ||
| 86.0% | 87.0% | 85.6% | 67.9% | 89.4% | 83.6% | ||
| 7.32 | 7.33 | 6.25 | 2.74 | 7.41 | 5.21 | ||
| 0.16 | 0.15 | 0.17 | 0.47 | 0.12 | 0.20 | ||
| -32.7% | -28.1% | 3.9% | 16.3% | -1.7% | -2.1% | ||
| -28.2% | -24.4% | 3.4% | 11.1% | -1.5% | -1.7% | ||
| -26.31 | -22.53 | over 100 | over 100 | 6.12 | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €889 | - | €9,587 |
| Financial fixed assets | €0 | - | - | - | - |
| €1,285 | €1,329 | €5,842 | €7,194 | €4,474 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MaPos
The operating result for 2025 is a loss of €16,208, smaller than the loss of €18,366 in 2024.
Debt's share of the balance-sheet total rises from 13.0% to 14.0%. Equity and debt are lower.