Financials
Financial year 2025
MAPACO from Anzegem, company number BE0467022633, closed financial year 2025 with a result of € 1,742 after tax. For that financial year MAPACO recorded a gross margin of € 185,221 and equity of € 617,591. Compared with financial year 2024, the result moved from € -168,302 to € 1,742. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2026.
€ 617,591
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,742
▲ still € 168,302 loss in 2024
Profit after tax over the fiscal year.
€ 390,624
▲ 20% 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 € 367,591.
People and assets in 2025
€ 94,508
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 770,729
▼ 11% vs 2024
€ 96,410 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 279,522
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,318
▼ 70% 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 | € 206,343 | € 667,056 | € 248,242 | € 185,221 | ▼ 25% |
| Profit after taxes | € 37,861 | € 470,365 | € -168,302 | € 1,742 | ▲ € 170,044 |
| Equity | € 241,786 | € 692,151 | € 615,849 | € 617,591 | |
| Total debts | € 1,042,494 | € 1,301,151 | € 2,335,842 | € 1,194,904 | ▼ 49% |
| Cash | € 681,948 | € 1,314,630 | € 326,090 | € 390,624 | ▲ 20% |
| Land & buildings | € 361,991 | € 323,738 | € 785,403 | € 738,985 | ▼ 6% |
| Retained profit | € -8,214 | € 442,151 | € 365,849 | € 367,591 | |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 264,207 | € 310,804 | € 864,287 | € 770,729 | ▼ 11% |
| Balance sheet total | € 1,392,280 | € 2,156,302 | € 3,059,691 | € 1,920,496 | ▼ 37% |
Key figures of MAPACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAPACO?
What happened at MAPACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,742. filed late Source: NBB ↗
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,861 profit in 2022 to € 1,742 profit in 2025.
Paid € 174,793 in corporate taxes since 2022.
Best year ever: 2023, with € 470,365 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind MAPACO is PAUL MAHIEU .
Directors
According to the 2025 annual accounts
PAUL MAHIEU
Director
Establishments
Establishment units
Physical locations of this company
Mekeirleweg 7
8570 Anzegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.022.633
- VAT number
- BE 0467.022.633
- Registered office
- Mekeirleweg 7, 8570 Anzegem
- Names & denominations
- MAPACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1999
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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