Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 14.4 to 12.7.
Financials
Financial year 2025
MAPECO VILVOORDE from Vilvoorde, company number BE0843928704, closed financial year 2025 with a result of € 174,609 after tax. For that financial year MAPECO VILVOORDE recorded a gross margin of € 735,081 and equity of € 998,437. Compared with financial year 2024, the result moved from € 352,216 to € 174,609. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 998,437
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 174,609
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 40,934
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 173,125 paid out
99 % of the profit went to the shareholders, mostly to Vico (100 % of the shares). That is where the money ends up.
People and assets in 2025
12.7
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 735,304
▼ 27% vs 2024
€ 57,900 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.
€ 4,984
▼ 72% vs 2024
Of which on lease € 4,370.
Debts at end 2025
€ 497,904
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 898,623
▲ 169% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,060
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,312,295 | € 1,399,294 | € 893,725 | € 735,081 | ▼ 18% |
| Profit after taxes | € 591,161 | € 555,684 | € 352,216 | € 174,609 | ▼ 50% |
| Equity | € 998,437 | € 998,437 | € 998,437 | € 998,437 | |
| Total debts | € 2,559,088 | € 2,422,457 | € 2,148,858 | € 2,313,332 | ▲ 8% |
| Cash | € 44,139 | € 21,781 | € 45,546 | € 40,934 | ▼ 10% |
| Land & buildings | € 214,211 | € 184,379 | € 154,546 | € 124,714 | ▼ 19% |
| Retained profit | € 218,437 | € 218,437 | € 218,437 | € 218,437 | |
| Dividend | € 573,969 | € 538,323 | € 344,114 | € 173,125 | ▼ 50% |
| Bank debt | € 856,729 | € 213,296 | € 642,774 | € 497,904 | ▼ 23% |
| Balance sheet total | € 3,557,525 | € 3,420,894 | € 3,147,295 | € 3,311,769 | ▲ 5% |
| Employees (FTE) | 15.3 | 14.4 | 13.6 | 12.7 | ▼ 0.9 |
Key figures of MAPECO VILVOORDE, 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 MAPECO VILVOORDE?
What happened at MAPECO VILVOORDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nexira BV stepped down as director. NBB
- Pixma BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 174,609 (▼ 50% vs 2024). Source: NBB ↗
- Nexira BV became a director. NBB
- Pixma BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vilvoorde. KBO
In short
From € 591,161 profit in 2022 to € 174,609 profit in 2025.
Paid € 83,170 in corporate taxes since 2022.
Best year ever: 2022, with € 591,161 profit.
On average € 57,900 of value added per employee in 2025.
A new publication or filing at MAPECO VILVOORDE? We notify you, reason included.
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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
The stake of Vico comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAPECO VILVOORDEThe shares are held by Vico (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kokx Jean Pierre
Also active at: Mapeco Wommelgem, Mapeco Kalmthout, MAPECO TURNHOUT, CROLLET CONSULTING, METALEUVEN TOOLS, Vico, RDM, Pixma +1 more
since 2024 · until 2030
Director · represented by Rondou Kurt
Also active at: Mapeco Wommelgem, Mapeco Kalmthout, MAPECO TURNHOUT, PARADOR, CROLLET CONSULTING, METALEUVEN TOOLS, Vico, RDM +1 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 315 box 1
1800 Vilvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.928.704
- VAT number
- BE 0843.928.704
- Registered office
- Mechelsesteenweg 315 bus 1, 1800 Vilvoorde
- Names & denominations
- MAPECO VILVOORDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2012
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Groothandel in ijzerwaren
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels
Groothandel in niet-elektrische huishoudelijke artikelen
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Groothandel in hout
Groothandel in reinigingsmiddelen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)