Financials
Financial year 2025
MAPECO TURNHOUT from Turnhout, company number BE0440805216, closed financial year 2025 with a result of € 683,031 after tax. For that financial year MAPECO TURNHOUT recorded a gross margin of € 1.3 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 1.7 million to € 683,031. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 1.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 683,031
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 91,218
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 675,335 paid out
99 % of the profit went to the shareholders, mostly to Vico (100 % of the shares). That is where the money ends up.
People and assets in 2025
15.1
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 801,307
▼ 27% vs 2024
€ 53,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,943
▲ 54% vs 2024
Of which on lease € 30,160.
Debts at end 2025
€ 571,036
▼ 40% vs 2024
€ 7,726 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.2 million
▲ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,657
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,210,415 | € 1,979,798 | € 1,917,915 | € 1,323,718 | ▼ 31% |
| Profit after taxes | € 1,762,294 | € 1,303,451 | € 1,690,537 | € 683,031 | ▼ 60% |
| Equity | € 1,232,442 | € 1,232,442 | € 1,232,442 | € 1,232,442 | |
| Total debts | € 3,948,034 | € 3,162,141 | € 3,906,247 | € 3,615,734 | ▼ 7% |
| Cash | € 78,635 | € 23,445 | € 96,499 | € 91,218 | ▼ 5% |
| Retained profit | € 542,442 | € 542,442 | € 542,442 | € 542,442 | |
| Dividend | € 1,754,501 | € 1,286,765 | € 1,682,392 | € 675,335 | ▼ 60% |
| Bank debt | € 1,372,679 | € 372,070 | € 954,054 | € 571,036 | ▼ 40% |
| Balance sheet total | € 5,180,476 | € 4,394,583 | € 5,138,689 | € 4,848,175 | ▼ 6% |
| Employees (FTE) | 13.8 | 13.4 | 13.5 | 15.1 | ▲ 1.6 |
Key figures of MAPECO TURNHOUT, 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 MAPECO TURNHOUT?
What happened at MAPECO TURNHOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pixma BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 683,031 (▼ 60% vs 2024). Source: NBB ↗
- Nexira BV became a director. NBB
- Pixma BV became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.8 million profit in 2022 to € 683,031 profit in 2025.
Paid € 157,242 in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
On average € 87,700 of value added per employee in 2025.
Management
The stake of Vico comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAPECO TURNHOUTBehind MAPECO TURNHOUT is Nexira BV. The shares are held by Vico (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Kokx Jean Pierre
Also active at: Mapeco Wommelgem, Mapeco Kalmthout, CROLLET CONSULTING, METALEUVEN TOOLS, Vico, MAPECO VILVOORDE, RDM, Pixma +1 more
since 2024
Director · represented by Rondou Kurt
Also active at: Mapeco Wommelgem, Mapeco Kalmthout, PARADOR, CROLLET CONSULTING, METALEUVEN TOOLS, Vico, MAPECO VILVOORDE, RDM +1 more
since 2024 · until 2030
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenweg op Gierle 258
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0440.805.216
- VAT number
- BE 0440.805.216
- Registered office
- Steenweg op Gierle 258, 2300 Turnhout
- Names & denominations
- MAPECO TURNHOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 1990
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Groothandel in ijzerwaren
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Schrijnwerk
Detailhandel in verlichtingsartikelen
Metaalschrijnwerk
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels