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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MAPUM from Waterloo, company number BE0437604414, closed financial year 2025 with a result of € 696 after tax. For that financial year MAPUM recorded a gross margin of € 8,829 and equity of € 123,715. Compared with financial year 2024, the result moved from € 3,670 to € 696. The company is profitable. 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 August 27, 2026.
€ 123,715
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 696
▼ 81% vs 2024
Profit after tax over the fiscal year.
€ 46,943
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -59,726.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,500
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,109
▲ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,839 | € 7,913 | € 9,109 | € 8,829 | ▼ 3% |
| Profit after taxes | € 798 | € 2,202 | € 3,670 | € 696 | ▼ 81% |
| Equity | € 117,148 | € 119,349 | € 123,019 | € 123,715 | ▲ 1% |
| Total debts | € 40,268 | € 39,150 | € 42,592 | € 43,067 | ▲ 1% |
| Cash | € 29,915 | € 34,345 | € 42,461 | € 46,943 | ▲ 11% |
| Land & buildings | € 34,131 | € 31,197 | € 28,264 | € 25,330 | ▼ 10% |
| Retained profit | € -66,294 | € -64,092 | € -60,422 | € -59,726 | ▲ € 696 |
| Balance sheet total | € 157,416 | € 158,499 | € 165,611 | € 166,782 | ▲ 1% |
Key figures of MAPUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAPUM?
What happened at MAPUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 696 (▼ 81% vs 2024). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 798 profit in 2022 to € 696 profit in 2025.
Paid € 5,671 in corporate taxes since 2022.
Best year ever: 2024, with € 3,670 profit.
Management
Behind MAPUM is JOE VERBOGEN. JOE VERBOGEN is also behind DUPLIVIDEO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue des Petits Champs 15
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.604.414
- VAT number
- BE 0437.604.414
- Registered office
- Avenue des Petits Champs 15, 1410 Waterloo
- Names & denominations
- MAPUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1989
- Peppol
- Not registered