Mapi is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 11 July 2017, 1 establishment.

What is the address of Mapi?

The registered office of Mapi is located at Steenberg 4, 9667 Horebeke.

Is Mapi still active?

Yes. According to the CBE (29 October 2026) Mapi is active, legal situation “Normale toestand”, started on 11 July 2017.

Is Mapi registered on Peppol?

Yes, Mapi is registered on the Peppol network with ID 0208:0678466894.

What is the enterprise number of Mapi?

The enterprise number of Mapi is BE0678466894.

When was Mapi founded?

Mapi was founded on 11 July 2017.

Who are the directors of Mapi?

According to the 2025 annual accounts, the directors of Mapi are: KRIS MAERTENS, JAN PEPERSTRAETE.

Is Mapi a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 July 2017; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Mapi make in 2025?

Mapi recorded a loss after taxes of € 14,639 in financial year 2025.

What is the revenue of Mapi?

As a small company, Mapi is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -8,538.

Mapi (Public Limited) - Horebeke - BE0678466894

Dossier Mapi, printed on 29 October 2026 from databakkes.be/en/0678466894/mapi. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Mapi from Horebeke, company number BE0678466894, closed financial year 2025 with a result of € -14,639 after tax. For that financial year Mapi recorded a gross margin of € -8,538 and equity of € 121,741. Compared with financial year 2024, the result moved from € -18,466 to € -14,639. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 5, 2026.

What it is worth Healthy

€ 121,741

▼ 11% vs 2024

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

Loss Caution

€ -14,639

▲ 21 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,368

▲ 41% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 21,741.

People and assets in 2025

Vehicles and equipment

€ 2,580

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 51 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 265,820

▲ 38% vs 2024

€ 5,223 is repaid this year. At this pace the long-term loan is gone in ≈ 51 years.

Owed to suppliers

€ 5,080

▲ € 4,739 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 472,083 Gross margin 2022: € 472,083 First fiscal year in the series	€ 29,274 Gross margin 2023: € 29,274 ▼ 94% vs 2022 (€ 472,083) Unfavourable step	€ -12,325 Gross margin 2024: € -12,325 ▼ € 41,599 vs 2023 (€ 29,274) Unfavourable step	€ -8,538 Gross margin 2025: € -8,538 ▲ € 3,787 vs 2024 (€ -12,325) Favourable step	▲ € 3,787
Profit after taxes	€ 352,339 Profit after taxes 2022: € 352,339 First fiscal year in the series	€ 16,885 Profit after taxes 2023: € 16,885 ▼ 95% vs 2022 (€ 352,339) Unfavourable step	€ -18,466 Profit after taxes 2024: € -18,466 ▼ € 35,351 vs 2023 (€ 16,885) Unfavourable step	€ -14,639 Profit after taxes 2025: € -14,639 ▲ € 3,827 vs 2024 (€ -18,466) Favourable step	▲ € 3,827
Equity	€ 337,960 Equity 2022: € 337,960 First fiscal year in the series	€ 254,846 Equity 2023: € 254,846 ▼ 25% vs 2022 (€ 337,960) Unfavourable step	€ 136,380 Equity 2024: € 136,380 ▼ 46% vs 2023 (€ 254,846) Unfavourable step	€ 121,741 Equity 2025: € 121,741 ▼ 11% vs 2024 (€ 136,380) Unfavourable step	▼ 11%
Total debts	€ 572,750 Total debts 2022: € 572,750 First fiscal year in the series	€ 300,710 Total debts 2023: € 300,710 ▼ 47% vs 2022 (€ 572,750) Favourable step	€ 315,949 Total debts 2024: € 315,949 ▲ 5% vs 2023 (€ 300,710) Unfavourable step	€ 421,684 Total debts 2025: € 421,684 ▲ 33% vs 2024 (€ 315,949) Unfavourable step	▲ 33%
Cash	€ 161,200 Cash 2022: € 161,200 First fiscal year in the series	€ 120,056 Cash 2023: € 120,056 ▼ 26% vs 2022 (€ 161,200) Unfavourable step	€ 7,370 Cash 2024: € 7,370 ▼ 94% vs 2023 (€ 120,056) Unfavourable step	€ 10,368 Cash 2025: € 10,368 ▲ 41% vs 2024 (€ 7,370) Favourable step	▲ 41%
Retained profit	€ 237,960 Retained profit 2022: € 237,960 First fiscal year in the series	€ 154,846 Retained profit 2023: € 154,846 ▼ 35% vs 2022 (€ 237,960) Unfavourable step	€ 36,380 Retained profit 2024: € 36,380 ▼ 77% vs 2023 (€ 154,846) Unfavourable step	€ 21,741 Retained profit 2025: € 21,741 ▼ 40% vs 2024 (€ 36,380) Unfavourable step	▼ 40%
Dividend	€ 180,000 Dividend 2022: € 180,000 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 ▼ 44% vs 2022 (€ 180,000) Unchanged	€ 100,000 Dividend 2024: € 100,000 Unchanged (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 100,000) Unchanged	▼ 100%
Bank debt	€ 366,865 Bank debt 2022: € 366,865 First fiscal year in the series	€ 197,183 Bank debt 2023: € 197,183 ▼ 46% vs 2022 (€ 366,865) Favourable step	€ 192,171 Bank debt 2024: € 192,171 ▼ 3% vs 2023 (€ 197,183) Favourable step	€ 265,820 Bank debt 2025: € 265,820 ▲ 38% vs 2024 (€ 192,171) Unfavourable step	▲ 38%
Balance sheet total	€ 910,710 Balance sheet total 2022: € 910,710 First fiscal year in the series	€ 555,556 Balance sheet total 2023: € 555,556 ▼ 39% vs 2022 (€ 910,710) Unchanged	€ 452,328 Balance sheet total 2024: € 452,328 ▼ 19% vs 2023 (€ 555,556) Unchanged	€ 543,425 Balance sheet total 2025: € 543,425 ▲ 20% vs 2024 (€ 452,328) Unchanged	▲ 20%

Key figures of Mapi, 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 Mapi?

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

Jan 5, 2026 New annual accounts for financial year 2025: loss of € 14,639. Source: NBB ↗
Jul 11, 2017 New establishment in Horebeke. KBO
Jul 11, 2017 Start of the company according to the CBE. KBO

In short

From € 352,339 profit in 2022 to € 14,639 loss in 2025.

Paid € 120,692 in corporate taxes since 2022.

Best year ever: 2022, with € 352,339 profit.

Paid out € 380,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PI One 50%

The stake of PI One comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Mapi

Behind Mapi are KRIS MAERTENS and JAN PEPERSTRAETE. The shares are held by PI One (50%).

Directors

According to the 2025 annual accounts

KRIS MAERTENS

Managing director

Also active at: M NINER, M Triple Niner, MAEPO, Demote Vastgoed, DE GROOTE FABRIEKE, VASTMA, BLOEMMOLENS

JAN PEPERSTRAETE

Managing director

Also active at: PI One

Shareholders

PI One

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenberg 4

9667 Horebeke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

M NINER same network

€ 12,496 gross margin · 2025

M Triple Niner same network

€ 125,444 gross margin · 2025

MAEPO same network

€ -380,572 gross margin · 2025

DE GROOTE FABRIEKE same network

€ -2,251 gross margin · 2025

VASTMA same network

€ -132,814 gross margin · 2025

+1 more

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

Details

Company number

0678.466.894

VAT number

BE 0678.466.894

Registered office

Steenberg 4, 9667 Horebeke

Names & denominations

Mapi

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 July 2017

Peppol

Active · Active since 8 Dec 2025

Activities · NACE

Handel in eigen onroerend goed

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Mapi

Warning lights

Financials

What happened to Mapi?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions