What does MAPEI BENELUX do?

MAPEI BENELUX is a wholesaler in Grâce-Hollogne. Public Limited, started on 2 June 1995, 1 establishment.

What is the address of MAPEI BENELUX?

The registered office of MAPEI BENELUX is located at Rue de l'Avenir 40, 4460 Grâce-Hollogne.

Is MAPEI BENELUX still active?

Yes. According to the CBE (30 October 2026) MAPEI BENELUX is active, legal situation “Normale toestand”, started on 2 June 1995.

Is MAPEI BENELUX registered on Peppol?

Yes, MAPEI BENELUX is registered on the Peppol network with ID 0208:0455328589.

What is the enterprise number of MAPEI BENELUX?

The enterprise number of MAPEI BENELUX is BE0455328589.

When was MAPEI BENELUX founded?

MAPEI BENELUX was founded on 2 June 1995.

Who are the directors of MAPEI BENELUX?

According to the 2025 annual accounts, the directors of MAPEI BENELUX are: Veronica SQUINZI, Marco SQUINZI, Jean-Michel GREGOIRE.

Is MAPEI BENELUX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1995; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MAPEI BENELUX make in 2025?

MAPEI BENELUX posted a profit after taxes of € 1,704,562 in financial year 2025.

What is the revenue of MAPEI BENELUX?

In its most recent annual accounts (2025), MAPEI BENELUX reported revenue of € 33,807,780.

How much does an employee at MAPEI BENELUX earn?

The average wage cost per full-time employee at MAPEI BENELUX was € 118,500 in 2025: staff costs of € 5.6 million for 47.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MAPEI BENELUX have?

According to the 2025 annual accounts, MAPEI BENELUX has 47.4 full-time equivalents (FTE).

MAPEI BENELUX (Public Limited) - Grâce-Hollogne

Dossier MAPEI BENELUX, printed on 30 October 2026 from databakkes.be/en/0455328589/mapei-benelux. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MAPEI BENELUX from Grâce-Hollogne, company number BE0455328589, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year MAPEI BENELUX recorded revenue of € 33.8 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.7 million. 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 April 29, 2026.

What it is worth Growing

€ 6.6 million

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.7 million

▼ 3% vs 2024

Profit after tax over the fiscal year.

Where the profit goes Pays out

€ 1 million paid out

59 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

47.4

▲ 3.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.6 million

▲ 14% vs 2024

€ 118,500 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.

Vehicles and equipment

€ 106,777

▲ 61% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 122

▼ 4% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 7.9 million

▲ 17% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 114 days on average.

Taxes and wages

€ 1.6 million

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 29,546,315 Revenue 2022: € 29,546,315 First fiscal year in the series	€ 29,017,044 Revenue 2023: € 29,017,044 ▼ 2% vs 2022 (€ 29,546,315) Unfavourable step	€ 31,013,543 Revenue 2024: € 31,013,543 ▲ 7% vs 2023 (€ 29,017,044) Favourable step	€ 33,807,780 Revenue 2025: € 33,807,780 ▲ 9% vs 2024 (€ 31,013,543) Favourable step	▲ 9%
Profit after taxes	€ 851,730 Profit after taxes 2022: € 851,730 First fiscal year in the series	€ 2,025,106 Profit after taxes 2023: € 2,025,106 ▲ 138% vs 2022 (€ 851,730) Favourable step	€ 1,753,584 Profit after taxes 2024: € 1,753,584 ▼ 13% vs 2023 (€ 2,025,106) Unfavourable step	€ 1,704,562 Profit after taxes 2025: € 1,704,562 ▼ 3% vs 2024 (€ 1,753,584) Unfavourable step	▼ 3%
Equity	€ 4,626,505 Equity 2022: € 4,626,505 First fiscal year in the series	€ 5,651,612 Equity 2023: € 5,651,612 ▲ 22% vs 2022 (€ 4,626,505) Favourable step	€ 5,905,196 Equity 2024: € 5,905,196 ▲ 4% vs 2023 (€ 5,651,612) Favourable step	€ 6,609,758 Equity 2025: € 6,609,758 ▲ 12% vs 2024 (€ 5,905,196) Favourable step	▲ 12%
Total debts	€ 7,927,623 Total debts 2022: € 7,927,623 First fiscal year in the series	€ 8,145,516 Total debts 2023: € 8,145,516 ▲ 3% vs 2022 (€ 7,927,623) Unfavourable step	€ 8,165,461 Total debts 2024: € 8,165,461 Unchanged (€ 8,145,516) Unfavourable step	€ 9,550,746 Total debts 2025: € 9,550,746 ▲ 17% vs 2024 (€ 8,165,461) Unfavourable step	▲ 17%
Cash	€ 226,547 Cash 2022: € 226,547 First fiscal year in the series	€ 13,603 Cash 2023: € 13,603 ▼ 94% vs 2022 (€ 226,547) Unfavourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 13,603) Unfavourable step	-
Land & buildings	€ 3,454,765 Land & buildings 2022: € 3,454,765 First fiscal year in the series	€ 3,296,505 Land & buildings 2023: € 3,296,505 ▼ 5% vs 2022 (€ 3,454,765) Unchanged	€ 3,137,094 Land & buildings 2024: € 3,137,094 ▼ 5% vs 2023 (€ 3,296,505) Unchanged	€ 3,432,178 Land & buildings 2025: € 3,432,178 ▲ 9% vs 2024 (€ 3,137,094) Unchanged	▲ 9%
Retained profit	€ 3,344,881 Retained profit 2022: € 3,344,881 First fiscal year in the series	€ 4,369,989 Retained profit 2023: € 4,369,989 ▲ 31% vs 2022 (€ 3,344,881) Favourable step	€ 4,623,573 Retained profit 2024: € 4,623,573 ▲ 6% vs 2023 (€ 4,369,989) Favourable step	€ 5,328,135 Retained profit 2025: € 5,328,135 ▲ 15% vs 2024 (€ 4,623,573) Favourable step	▲ 15%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 1,000,000 Dividend 2023: € 1,000,000 Unchanged (€ 0) Unchanged	€ 1,500,000 Dividend 2024: € 1,500,000 ▲ 50% vs 2023 (€ 1,000,000) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 ▼ 33% vs 2024 (€ 1,500,000) Unchanged	▼ 33%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 127 Bank debt 2024: € 127 Unchanged (€ 0) Unfavourable step	€ 122 Bank debt 2025: € 122 ▼ 4% vs 2024 (€ 127) Favourable step	▼ 4%
Balance sheet total	€ 13,722,162 Balance sheet total 2022: € 13,722,162 First fiscal year in the series	€ 13,935,825 Balance sheet total 2023: € 13,935,825 ▲ 2% vs 2022 (€ 13,722,162) Unchanged	€ 14,321,125 Balance sheet total 2024: € 14,321,125 ▲ 3% vs 2023 (€ 13,935,825) Unchanged	€ 16,409,315 Balance sheet total 2025: € 16,409,315 ▲ 15% vs 2024 (€ 14,321,125) Unchanged	▲ 15%
Employees (FTE)	40.4 Employees (FTE) 2022: 40.4 First fiscal year in the series	39.8 Employees (FTE) 2023: 39.8 ▼ 0.6 vs 2022 (40.4) Unchanged	43.7 Employees (FTE) 2024: 43.7 ▲ 3.9 vs 2023 (39.8) Unchanged	47.4 Employees (FTE) 2025: 47.4 ▲ 3.7 vs 2024 (43.7) Unchanged	▲ 3.7

Key figures of MAPEI BENELUX, 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 MAPEI BENELUX?

What happened at MAPEI BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Veronica SQUINZI stepped down as director. NBB
2026 Marco SQUINZI stepped down as director. NBB
2026 Jean-Michel GREGOIRE stepped down as director. NBB
Apr 29, 2026 New annual accounts for financial year 2025: profit of € 1.7 million (▼ 3% vs 2024). Source: NBB ↗
2020 Veronica SQUINZI became a director. NBB
2020 Marco SQUINZI became a director. NBB
2020 Jean-Michel GREGOIRE became a director. NBB
Aug 8, 1995 New establishment in Grâce-Hollogne. KBO

In short

From € 851,730 profit in 2022 to € 1.7 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 2 million profit.

Paid out € 3.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Veronica SQUINZI

Director

since 2020 · until 2026

Marco SQUINZI

Director

since 2020 · until 2026

Jean-Michel GREGOIRE

Managing director

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Avenir 40

4460 Grâce-Hollogne

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0455.328.589

VAT number

BE 0455.328.589

Registered office

Rue de l'Avenir 40, 4460 Grâce-Hollogne

Names & denominations

MAPEI BENELUX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 June 1995

Peppol

Active · Active since 7 Jul 2025

Activities · NACE

Groothandel in chemische producten voor industrieel gebruik

Groothandel in chemische producten

View on CBE Public ↗ Annual accounts (NBB) ↗

MAPEI BENELUX

Financials

What happened to MAPEI BENELUX?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions