Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MAPI from Zoersel, company number BE0423729949, closed financial year 2024 with a result of € 604,761 after tax. For that financial year MAPI recorded a gross margin of € 596,296 and equity of € 6.7 million. Compared with financial year 2023, the result moved from € 425,387 to € 604,761. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2025.
€ 6.7 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 604,761
▲ 42% vs 2023
Profit after tax over the fiscal year.
€ 321,243
▼ 68% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 6.5 million.
People and assets in 2024
0.5
Average over the fiscal year, from the social balance sheet.
€ 35,782
▲ 6% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58,102
▲ 94% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 80,687
▲ 155% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 189,787
▲ € 160,749 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 890,208 | € 869,984 | € 601,878 | € 596,296 | ▼ 1% |
| Profit after taxes | € 264,904 | € 336,280 | € 425,387 | € 604,761 | ▲ 42% |
| Equity | € 9,522,753 | € 9,859,033 | € 6,084,420 | € 6,689,181 | ▲ 10% |
| Total debts | € 7,049,681 | € 7,120,161 | € 9,829,233 | € 6,021,691 | ▼ 39% |
| Cash | € 4,559,997 | € 4,544,855 | € 1,012,915 | € 321,243 | ▼ 68% |
| Land & buildings | € 320,674 | € 485,611 | € 490,740 | € 488,519 | |
| Retained profit | € 6,642,753 | € 6,979,033 | € 5,904,420 | € 6,509,181 | ▲ 10% |
| Dividend | € 0 | € 0 | € 1,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 16,572,705 | € 16,979,194 | € 15,913,654 | € 12,710,871 | ▼ 20% |
| Employees (FTE) | 1 | 0.7 | 0.5 | 0.5 |
Key figures of MAPI, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAPI?
What happened at MAPI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 604,761 (▲ 42% vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Zoersel. KBO
In short
From € 264,904 profit in 2021 to € 604,761 profit in 2024.
Paid € 467,413 in corporate taxes since 2021.
Best year ever: 2024, with € 604,761 profit.
On average € 890,200 of value added per employee in 2021.
Management
Behind MAPI are Antoine Stevens, Maria-Hélène Pirenne and Gerda De Maere. Antoine Stevens is also behind INFINAX.
Directors
According to the 2024 annual accounts
Maria-Hélène Pirenne
Managing director
Gerda De Maere
Director
Establishments
Establishment units
Physical locations of this company
Kerkhoflei 156
2980 Zoersel
Kerkhoflei 162
2980 Zoersel
Active since 1 January 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.729.949
- VAT number
- BE 0423.729.949
- Registered office
- Kerkhoflei 156, 2980 Zoersel
- Names & denominations
- MAPI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1983
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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