Turnover
≈ €140,000 estimated
The micro format states no turnover.
MAPPA
Lifetime
2 annual accounts with figures on one time axispeak €77,374 (2024)
€49,403▼ 36.2%
peak €52,776 (2024)
€7,623▼ 85.6%
peak €65,399 (2025)
€65,399▲ 13.2%
€27,598▼ 56.3%
Board1 name since 2023
1 directorVEGA SANCHEZ Adriana María
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €77,374 to €49,403Result from €52,776 to €7,623Registered office moved to Etterbeek 09-09Equity from €57,776 to €65,399Debts from €63,192 to €27,598Cash from €49,871 to €77,463
Key points
from the 2025 annual accountsInvestments
€1,528 5.2 × depreciation
Green is investment, beige is depreciation.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and nobody left.
Liquidity
3.32 was 1.91 in 2024
Short-term debts fell from €63,192 to €27,598.
Starting capital
€5,000 100 shares
At the same address
329 companies
2025 accounts filed 6 days after the deadline
Checked score
95
Excellent
Financially stronger than 63% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.4%
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.5 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 3.32, cash €77,463
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €92,998
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 66% of them on solvency, 80% on liquidity, 45% on profitability and 61% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MAPPA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MAPPA itself is lower: 0.1% within 12 months. It rests on far more data about MAPPA than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for MAPPA. 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 of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.32 (1.91 in 2024), above the usual 1.5. Short-term debt is 29.7% and cash 83.3% of total assets. 29.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2023, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
6 days late
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003012563
Registered office moved to Etterbeek
New registered office: Rue Abbé Cuypers, 3-1040 Etterbeek · Board meeting of 03-03-2025 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: VEGA SANCHEZ Adriana María (comparant) · Appointment: VEGA SANCHEZ Adriana María (director) · published on 07-12-2023 · Gazette deed
First establishment
Priester Cuypersstraat 3, Etterbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAPPA Etterbeek | €92,998 | €49,403 | 70.3% | - |
| PRINCIPLES ADVISORY Etterbeek | €78,066 | €46,662 | 64.8% | - |
| VUOM SOLUTIONS Etterbeek | €114,169 | €53,742 | 73.9% | - |
| EU Global Synergies Etterbeek | €117,857 | €49,184 | 88.0% | - |
| CADUCEUS Uccle | €91,247 | €51,658 | 77.2% | - |
| Valopal Services Schaerbeek | €93,772 | €47,827 | 61.8% | - |
| OZ VIII Forest | €90,409 | €49,446 | 82.7% | - |
These companies have the same main activity as MAPPA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €78,100 and €118,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 05-12-2023Normal situation
- Registered office
- 330 active companies are registered at this address18 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.354.429.5301040 Etterbeek, since 05-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 30-03-2026
Insights on MAPPA
MAPPA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,399 and a net result of €7,623.
Its solvency ranks better than 66% of 39,376 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAPPA
- What is the company number of MAPPA?
- The company number of MAPPA is 1003.012.563. The VAT number is the same number with BE in front: BE 1003.012.563.
- Where is MAPPA based?
- The registered office is at Priester Cuypersstraat 3, 1040 Etterbeek.Company details
- What does MAPPA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MAPPA?
- MAPPA is a private limited company (BV).
- When was MAPPA founded?
- MAPPA was founded on 05-12-2023.
- Is MAPPA still active?
- Yes, MAPPA is an active enterprise in the KBO register.
- How many employees does MAPPA have?
- MAPPA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MAPPA fall under?
- In its 2025 annual accounts, MAPPA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MAPPA?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €49,403 and 144 comparable companies (NACE 70200). It probably lies between €86,000 and €200,000.
- Is MAPPA profitable?
- In financial year 2025, MAPPA made a profit of €7,623.
- Where can I find the annual accounts of MAPPA?
- MAPPA filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAPPA due?
- MAPPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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