ACTIVE

MAPECO TURNHOUT

Financial year 2025 · Closed on 31/12/2025

Net result683 k €-59,6 %over 1 year
Gross margin1,3 M €-31,0 %over 1 year
Equity1,2 M €0,0 %over 1 year
Workforce15,1 ETP+11,9 %over 1 year

Identity

Source · BCE/KBO

MAPECO TURNHOUT is a Public limited company incorporated in 1990. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Turnhout. It employs on average 15,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.805.216
Incorporation
11/05/1990
Legal form
Public limited company
Registered office
Steenweg op Gierle 258
2300 Turnhout · FlandreSee on map
Contributed capital
690 000,00 €
Latest accounts
31/12/2025
Average workforce
15,1 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,3 M €1,9 M €2 M €2,2 M €1,9 M €
EBITDA399,3 k €815,8 k €844,3 k €1,3 M €807,9 k €
Operating result324,7 k €784,2 k €791 k €1,2 M €734,9 k €
Net result683 k €1,7 M €1,3 M €1,8 M €1,2 M €
Balance sheet
Equity1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €
Total assets4,8 M €5,1 M €4,4 M €5,2 M €6,1 M €
Cash91,2 k €96,5 k €23,4 k €78,6 k €341,6 k €
Debts3,6 M €3,9 M €3,2 M €3,9 M €4,8 M €
Other
Workforce15,1 ETP13,5 ETP13,4 ETP13,8 ETP13,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NEXIRA1016.001.358Represented by Kokx Jean Pierre
Managing directorsince 25/11/2024
Pixma0889.541.666Represented by Rondou Kurt
Director27/05/2015 → 25/11/2030Managing director01/05/2015 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Vico0826.375.167Represented by Kokx JEAN PIERRE
Director27/05/2015 → 2022 accounts
Jonas Verhees
Director01/05/2015 → 30/06/2020

Other companies at this address

Steenweg op Gierle 258 2300 Turnhout
CompanyCBE no.
Mapeco Eenheid● Active
0636.805.592
NEXIRA● Active
1016.001.358
Pixma● Active
0889.541.666
Vico● Active
0826.375.167

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202604/11/202526/07/202431/07/202320/07/202204/08/2021
General meeting30/06/202630/06/202501/06/202401/06/202320/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202430/06/202504/11/2025DutchPDF
Abridged model31/12/202301/06/202426/07/2024DutchPDF
Abridged model31/12/202201/06/202331/07/2023DutchPDF
Abridged model31/12/202120/06/202220/07/2022DutchPDF
Abridged model31/12/202001/06/202104/08/2021DutchPDF
Abridged model31/12/201901/06/202014/07/2020DutchPDF
Abridged model31/12/201801/06/201926/07/2019DutchPDF
Abridged model31/12/201701/06/201823/07/2018DutchPDF
Abridged model31/12/201601/06/201726/07/2017DutchPDF
Abridged model31/12/201501/06/201628/07/2016DutchPDF
Abridged model31/12/201401/06/201527/07/2015DutchPDF
Abridged model31/12/201302/06/201430/07/2014DutchPDF
Abridged model31/12/201201/06/201328/08/2013DutchPDF
Abridged model31/12/201131/01/201223/02/2012DutchPDF
Abridged model31/12/201001/06/201120/06/2011DutchPDF
Abridged model31/12/200901/06/201007/06/2010DutchPDF
Abridged model31/12/200801/06/200908/06/2009DutchPDF
Abridged model31/12/200701/06/200810/06/2008DutchPDF
Abridged model31/12/200601/06/200706/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NEXIRA1016.001.358Represented by Kokx Jean Pierre
Managing directorsince 25/11/2024
Pixma0889.541.666Represented by Rondou Kurt
Director27/05/2015 → 25/11/2030Managing director01/05/2015 → 2015 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Vico0826.375.167Represented by Kokx JEAN PIERRE
Director27/05/2015 → 2022 accounts
Jonas Verhees
Director01/05/2015 → 30/06/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/09/2023
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/04/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Pixma
NEXIRA
Vico
Jonas Verhees
Wendy Clijmans
Eline Verhees
Peter Clijmans
Marleen Verhees
Jean - Pierre Kokx
Ivo Verhees
Jean-Pierre Kokx
19901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
MAPECO TURNHOUTMapeco
Steenweg op Gierle 258, 2300 Turnhout
Director
Managing director
DirectorManaging director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Steenweg op Gierle 258, 2300 TurnhoutCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00342950

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MAPECO TURNHOUTCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00342950
Mapeco
accounts 2021 → 2022
Accounts 2022 · 2023-00296354

Events

  1. 2025
    Annual accounts 2025683 k €↓
  2. 2024
    Annual accounts 20241,7 M €↑
  3. 2023
    Annual accounts 20231,3 M €↓
  4. 2023
    Name changeMAPECO TURNHOUT
  5. 2022
    Annual accounts 20221,8 M €↑
  6. 2021
    Annual accounts 20211,2 M €↑
  7. 2019
    Annual accounts 2019842,6 k €↑
  8. 2018
    Annual accounts 2018660 k €↑
  9. 2017
    Annual accounts 2017499,5 k €↓
  10. 2016
    Annual accounts 2016664,9 k €↑
  11. 2015
    Annual accounts 2015499,3 k €↑
  12. 2014
    Annual accounts 2014372,3 k €↓
  13. 2013
    Annual accounts 2013603,6 k €↓
  14. 2012
    Annual accounts 2012610,4 k €↑
  15. 2011
    Annual accounts 2011372,1 k €↑
  16. 2010
    Annual accounts 201098 k €↑
  17. 2009
    Annual accounts 2009-76,3 k €↓
  18. 2008
    Annual accounts 200891,3 k €↓
  19. 2007
    Annual accounts 2007191,7 k €↑
  20. 2006
    Annual accounts 2006115,4 k €
  21. 11/05/1990
    IncorporationPublic limited company