MAPS Concept
ActiveSummary
The computed 12-month bankruptcy probability of MAPS Concept is 6.3% (elevated). The 2025 annual accounts show negative equity (-€80,658) and a net result of -€8,487. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 5% of 826 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€80,658
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
65 d early
2023
37 d early
2022
23 d late
2021
67 d early
2020
65 d early
2019
25 d late
← 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 37 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,487
2024 · €7,084
Working capital
€681▼ 1.4%
2024 · €690
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,769▲ 63.3%-€1,189▲ 57.1%€24,135€7,178▼ 70.3%-€8,349
Net result-€3,079below the sector's middle half▲ 64.3%-€1,194within the sector's middle half▲ 61.2%€23,900within the sector's middle half€7,084within the sector's middle half▼ 70.4%-€8,487
Equity-€101,961below the sector's middle half▼ 3.1%-€103,155below the sector's middle half▼ 1.2%-€79,255below the sector's middle half▲ 23.2%-€72,171below the sector's middle half▲ 8.9%-€80,658▼ 11.8%
Total assets€142,060within the sector's middle half▼ 4.3%€574below the sector's middle half▼ 99.6%€5,112below the sector's middle half▲ 791%€6,022below the sector's middle half▲ 17.8%€2,649▼ 56.0%
Debt€244,021▼ 1.3%€103,729▼ 57.5%€84,367▼ 18.7%€78,193▼ 7.3%€83,307▲ 6.5%
Working capital€113,513above the sector's middle half▼ 6.0%-€273within the sector's middle half€2,123within the sector's middle half€690within the sector's middle half▼ 67.5%€681▼ 1.4%
Solvency-71.8%below the sector's middle half▼ 5.1pp
Current ratio1.71above the sector's middle half1.26within the sector's middle half▼ 0.45
Return on assets (ROA)-2.2%below the sector's middle half▲ 3.6pp467.5%above the sector's middle half117.6%above the sector's middle half▼ 349.9pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,349 after €7,178 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2,649
Fixed assets
€1,709 ▼ 36.5%
Current assets
€939 ▼ 71.8%
Key figures and ratios
EBITDA
-€7,365▼
2024 · €7,436
Cash flow
-€7,503▼
2024 · €7,343
Interest coverage
-53.13▼
2024 · 79.76
Debt ≤ 1 year
€259▼
2024 · €2,639
Debt > 1 year
€83,048▲
2024 · €75,554
Ratios withheld: a balance sheet total of €2,649 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €259 | €984 | ▲ 280% |
| Gross operating margin9900 | -€2,769 | -€1,189 | €24,135 | €7,436 | -€7,365 | ▼ 199% |
| Operating profit (loss)9901 | -€2,769 | -€1,189 | €24,135 | €7,178 | -€8,349 | ▼ 216% |
| Financial charges65/66B | €309 | €5 | €235 | €93 | €139 | ▲ 48.7% |
| Recurring financial charges65 | €309 | €5 | €235 | €93 | €139 | ▲ 48.7% |
| Profit (loss) for the period before taxes9903 | -€3,079 | -€1,194 | €23,900 | €7,084 | -€8,487 | ▼ 220% |
| Profit (loss) for the period9904 | -€3,079 | -€1,194 | €23,900 | €7,084 | -€8,487 | ▼ 220% |
| Profit (loss) for the period to be appropriated9905 | -€3,079 | -€1,194 | €23,900 | €7,084 | -€8,487 | ▼ 220% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,060 | €574 | €5,112 | €6,022 | €2,649 | ▼ 56.0% |
| Fixed assets21/28 | €27,500 | - | - | €2,693 | €1,709 | ▼ 36.5% |
| Tangible fixed assets22/27 | - | - | - | €2,693 | €1,709 | ▼ 36.5% |
| Furniture and vehicles24 | - | - | - | €2,693 | €1,709 | ▼ 36.5% |
| Financial fixed assets28 | €27,500 | - | - | - | - | - |
| Current assets29/58 | €114,560 | €574 | €5,112 | €3,329 | €939 | ▼ 71.8% |
| Amounts receivable within one year40/41 | €114,378 | €542 | €5,000 | €1,192 | - | - |
| Trade receivables40 | - | - | €5,000 | - | - | - |
| Other amounts receivable41 | €114,378 | €542 | - | €1,192 | - | - |
| Cash at bank and in hand54/58 | €182 | €32 | €112 | €2,137 | €939 | ▼ 56.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,060 | €574 | €5,112 | €6,022 | €2,649 | ▼ 56.0% |
| Equity10/15 | -€101,961 | -€103,155 | -€79,255 | -€72,171 | -€80,658 | ▼ 11.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€120,561 | -€121,755 | -€97,855 | -€90,771 | -€99,258 | ▼ 9.4% |
| Amounts payable17/49 | €244,021 | €103,729 | €84,367 | €78,193 | €83,307 | ▲ 6.5% |
| Amounts payable after more than one year17 | €242,974 | €102,882 | €80,378 | €75,554 | €83,048 | ▲ 9.9% |
| Other amounts payable178/9 | €242,974 | €102,882 | €80,378 | €75,554 | €83,048 | ▲ 9.9% |
| Amounts payable within one year42/48 | €1,048 | €847 | €2,989 | €2,639 | €259 | ▼ 90.2% |
| Trade debts44 | €1,048 | €847 | €1,089 | €2,639 | €256 | ▼ 90.3% |
| Suppliers440/4 | €1,048 | €847 | €1,089 | €2,639 | €256 | ▼ 90.3% |
| Taxes, remuneration and social security45 | - | - | €1,900 | - | €3 | - |
| Taxes450/3 | - | - | €1,900 | - | €3 | - |
| Accrued charges and deferred income492/3 | - | - | €1,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,079 | -€1,194 | €23,900 | €7,084 | -€8,487 | ▼ 220% |
| + Depreciation and write-downs630 | - | - | - | €259 | €984 | ▲ 280% |
| Operating cash flow (approximation) | -€3,079 | -€1,194 | €23,900 | €7,343 | -€7,503 | ▼ 202% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | -€151 | €80 | €2,025 | -€1,197 | ▼ 159% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 3.63
Current ratio from 1.26 to 3.63; short-term debt falls from €2,639 to €259.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €23,900
Net result €23,900 after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.71
Current ratio from 0.68 to 1.71.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 320current ratio 1103.81
Current ratio from 3.45 to 1103.81; short-term debt falls from €40,984 to €110.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial
Back to profitnet €61,936
Net result €61,936 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 3.45
Current ratio from 1.10 to 3.45; short-term debt falls from €53,966 to €40,984.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Oudergem · 1 establishment unit since 2013
Ground area
402 m²
Building footprint
89 m²
Volume, LiDAR
859 m³
Parcel 21332B0493/00C036, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
UP !
since 20132.221.306.334
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0493/00C036 | Brussels | 402 m² | 1 · 89 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0534811280
Also
9925:BE0534811280
Registered
24-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.