MAUPIN & CO
ActiveMAUPIN & CO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €3k. Equity is shrinking by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+4
Solvency40▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 27711 sector peers (2025).
NBB · sector comparisonPosition among 27711 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €8k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
5 d late
2023
31 d late
2022
2 d late
2021
4 d late
2020
27 d late
2019
102 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 64.7%
2024 · €5k
2018: €11k
2019: €9k
2020: €8k
2021: €10k
2022: €20k
2023: €4k
2024: €5k
2018 → 2025
Total assets
€52k▲ 40.1%
2024 · €37k
2018: €14k
2019: €14k
2020: €13k
2021: €23k
2022: €40k
2023: €29k
2024: €37k
2018 → 2025
Net result
€3k▲ 189%
2024 · €1k
2018: €-2k
2019: €-1k
2020: €-1k
2021: €1k
2022: €10k
2023: €-16k
2024: €1k
2018 → 2025
Working capital
€-9k▼ 69.2%
2024 · €-5k
2018: €11k
2019: €9k
2020: €8k
2021: €9k
2022: €9k
2023: €-3k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€20k▲ 107%€4k▼ 81.8%€5k▲ 28.9%€8k▲ 64.7%
Operating result€2k-€10k▲ 427%€-16k€1k€3k▲ 126%
Net result€1k-€10k▲ 750%€-16k€1k€3k▲ 189%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 126% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€17k▲ 67.1%
Current assets
€35k▲ 30.1%
Equity and liabilities €52k
Equity
€8k▲ 64.7%
Debt
€45k▲ 36.6%
The debt ratio falls from 87.6% to 85.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €6k
Cash flow
€9k▲
2024 · €6k
Solvency
14.6%▲
2024 · 12.4%
Current ratio
0.79▼
2024 · 0.83
Quick ratio
0.70▼
2024 · 0.72
Debt / equity
5.84▼
2024 · 7.04
ROE
39.3%▲
2024 · 22.4%
ROA
5.7%▲
2024 · 2.8%
Interest coverage
40.69▲
2024 · 16.50
Debt
€45k▲
2024 · €33k
Debt ≤ 1 year
€45k▲
2024 · €33k
Staff costs
€9k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€37k€52k▲
Fixed assets21/28€10k€17k▲
Tangible fixed assets22/27€10k€17k▲
Furniture and vehicles24€10k€17k▲
Financial fixed assets28€55€55=
Current assets29/58€27k€35k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€11k€18k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€720€2k▲
Equity and liabilities
Total equity and liabilities10/49€37k€52k▲
Equity10/15€5k€8k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-16k€-13k▲
Amounts payable17/49€33k€45k▲
Amounts payable within one year42/48€33k€45k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€751€529▼
Taxes450/3€61-
Remuneration and social security454/9€689€529▼
Other amounts payable47/48€30k€42k▲
Income statement
Code20242025
Remuneration, social security and pensions62€11k€9k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€19k€20k▲
Operating profit (loss)9901€1k€3k▲
Financial income75/76B€2€76▲
Recurring financial income75€2€76▲
Financial charges65/66B€355€220▼
Recurring financial charges65€355€220▼
Profit (loss) for the period before taxes9903€1k€3k▲
Profit (loss) for the period9904€1k€3k▲
Profit (loss) for the period to be appropriated9905€1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-13k▲
Profit (loss) brought forward from the previous period14P€-17k€-16k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-16k ▼258%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲750%
Operating result €10k, net result €10k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Chaumont-Gistoux · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Florémond 961325 Chaumont-GistouxGround area
1,270 m²
Building footprint
127 m²
Volume, LiDAR
570 m³
Parcel 25018D0359/00F000, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAUPIN & CO
since 19902.049.078.181
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25018D0359/00F000 | Wallonia | 1,270 m² | 1 · 127 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 4,760 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-1990
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.