Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Mapada from Aalst, company number BE0460586088, closed financial year 2025 with a result of € 1,119 after tax. For that financial year Mapada recorded a gross margin of € 43,013 and equity of € 322,900. Compared with financial year 2024, the result moved from € 37,969 to € 1,119. 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 June 5, 2026.
€ 322,900
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,119
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 25,371
▼ 37% 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 € 638.
People and assets in 2025
€ 7,597
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,891
▼ 47% vs 2024
€ 7,271 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,383
▲ € 5,823 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,143
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,618 | € 40,322 | € 84,080 | € 43,013 | ▼ 49% |
| Profit after taxes | € 9,515 | € -8,021 | € 37,969 | € 1,119 | ▼ 97% |
| Equity | € 291,833 | € 283,813 | € 321,781 | € 322,900 | |
| Total debts | € 158,668 | € 138,850 | € 116,286 | € 96,202 | ▼ 17% |
| Cash | € 94,893 | € 91,619 | € 40,126 | € 25,371 | ▼ 37% |
| Land & buildings | € 386,596 | € 348,839 | € 335,439 | € 320,536 | ▼ 4% |
| Retained profit | € -30,428 | € -38,449 | € -480 | € 638 | ▲ € 1,119 |
| Bank debt | € 27,919 | € 21,528 | € 14,856 | € 7,891 | ▼ 47% |
| Balance sheet total | € 520,444 | € 481,232 | € 491,605 | € 470,111 | ▼ 4% |
Key figures of Mapada, 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 Mapada?
What happened at Mapada in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,119 (▼ 97% vs 2024). Source: NBB ↗
- Marie-Christine Cobbaert stepped down as director. NBB
- Pasquinel Stevens stepped down as director. NBB
- Danny Stevens stepped down as director. NBB
- Marie-Christine Cobbaert became a director. NBB
- Pasquinel Stevens became a director. NBB
- Danny Stevens became a director. NBB
- New establishment in Aalst. KBO
In short
From € 9,515 profit in 2022 to € 1,119 profit in 2025.
Paid € 11,754 in corporate taxes since 2022.
Best year ever: 2024, with € 37,969 profit.
A new publication or filing at Mapada? We notify you, reason included.
Follow MapadaDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Marie-Christine Cobbaert
Managing director
since 2020 · until 2026
Pasquinel Stevens
Director
since 2020 · until 2026
Danny Stevens
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Kantonstraat 45
9320 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.586.088
- VAT number
- BE 0460.586.088
- Registered office
- Kantonstraat 45, 9320 Aalst
- Names & denominations
- Mapada
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1997
- Peppol
- Not registered