Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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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
MAPIBALO from Tubize, company number BE0552542484, closed financial year 2025 with a result of € -35,789 after tax. For that financial year MAPIBALO recorded a gross margin of € -1,394 and equity of € 29,157. Compared with financial year 2024, the result moved from € -42,258 to € -35,789. The company made a loss. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 29,157
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,789
▲ 15 % less loss than in 2024
Profit after tax over the fiscal year.
€ 653
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -108,343.
Debts at end 2025
€ 153,185
▼ 19% vs 2024
€ 36,797 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12,616
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,963 | € -4,637 | € -5,218 | € -1,394 | ▲ € 3,824 |
| Profit after taxes | € 1,033 | € -40,288 | € -42,258 | € -35,789 | ▲ € 6,470 |
| Equity | € 147,492 | € 107,203 | € 64,945 | € 29,157 | ▼ 55% |
| Total debts | € 385,398 | € 383,053 | € 402,199 | € 415,646 | ▲ 3% |
| Cash | € 8,051 | € 694 | € 697 | € 653 | ▼ 6% |
| Land & buildings | € 509,876 | € 487,697 | € 465,518 | € 443,339 | ▼ 5% |
| Retained profit | € 22,492 | € -30,297 | € -72,555 | € -108,343 | ▼ € 35,789 |
| Bank debt | € 257,938 | € 223,936 | € 189,026 | € 153,185 | ▼ 19% |
| Balance sheet total | € 532,890 | € 490,257 | € 467,144 | € 444,802 | ▼ 5% |
Key figures of MAPIBALO, 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 MAPIBALO?
What happened at MAPIBALO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,789. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 1,033 profit in 2022 to € 35,789 loss in 2025.
Paid € 4,417 in corporate taxes since 2022.
Best year ever: 2022, with € 1,033 profit.
Management
Behind MAPIBALO are Marc DESSY, Pierre DESSY and Baudouin DESSY. Marc DESSY is also behind Outimex and UNION INVEST INTERNATIONAL. Baudouin DESSY is also behind Outimex and HIGH - TECH INFORMATION TEAM.
Directors
According to the 2025 annual accounts
Pierre DESSY
Director
Establishments
Establishment units
Physical locations of this company
Rue du Château 52
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0552.542.484
- VAT number
- BE 0552.542.484
- Registered office
- Rue du Château 52, 1480 Tubize
- Names & denominations
- MAPIBALO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2014
- Peppol
- Not registered