ACTIVE

MAPILCO

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Financial year 2025 · closed on 31/12/2025

Net result

76,8 k €

-15.9% YoY

Gross margin

75,1 k €

-6.6% YoY

Equity

3 M €

+0.2% YoY

What does MAPILCO do?

MAPILCO is a Public limited company incorporated in 1991. Its registered office is in Roeselare.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.278.905

Incorporation

30/05/1991

Legal form

Public limited company

Registered office

Ooststraat 112
8800 Roeselare · FlandreSee on map

Contributed capital

65 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	75,1 k €	-6.6%	80,4 k €	-0.7%	80,9 k €	+9.5%	73,9 k €	-17.9%	90,1 k €	+24.4%	72,4 k €	+53.3%	47,2 k €	-92.4%	618,8 k €	-63.9%	1,7 M €	+1090%	144,2 k €	-11.4%	162,6 k €	+44.8%	112,3 k €	-31.6%	164,2 k €	+20.0%	136,9 k €	-8.2%	149,1 k €	+2.3%	145,8 k €	-6.0%	155,2 k €	+6.9%	145,2 k €	+6.9%	135,8 k €	+9.9%	123,6 k €
EBITDA	64,3 k €	-8.5%	70,3 k €	+0.7%	69,8 k €	+9.5%	63,8 k €	-20.4%	80,1 k €	+28.1%	62,5 k €	+65.2%	37,9 k €	-93.8%	607 k €	-64.4%	1,7 M €	+1187%	132,3 k €	-12.3%	150,9 k €	+50.0%	100,6 k €	-34.1%	152,6 k €	+21.5%	125,6 k €	-9.2%	138,3 k €	+2.5%	134,9 k €	-6.5%	144,3 k €	+7.3%	134,5 k €	+6.0%	126,9 k €	+10.5%	114,8 k €
Operating result	62,2 k €	+24.3%	50,1 k €	+23.7%	40,5 k €	+17.5%	34,4 k €	-32.2%	50,8 k €	+53.0%	33,2 k €	+239%	9,8 k €	-98.3%	576,7 k €	-65.4%	1,7 M €	+1682%	93,5 k €	-16.6%	112,1 k €	+81.3%	61,8 k €	-45.7%	113,8 k €	+31.1%	86,8 k €	-12.8%	99,5 k €	+3.6%	96,1 k €	-8.9%	105,5 k €	+10.3%	95,6 k €	+8.6%	88,1 k €	+15.9%	76 k €
Net result	76,8 k €	-15.9%	91,4 k €	+57.4%	58,1 k €	+88.3%	30,8 k €	-49.4%	61 k €	+108%	29,3 k €	+270%	7,9 k €	-98.0%	401,4 k €	-63.7%	1,1 M €	+1425%	72,5 k €	-18.5%	88,9 k €	+48.4%	59,9 k €	-34.3%	91,2 k €	+33.1%	68,5 k €	-11.0%	76,9 k €	+4.1%	73,9 k €	-9.8%	81,9 k €	+13.3%	72,3 k €	+36.2%	53,1 k €	+40.1%	37,9 k €
Balance sheet
Equity	3 M €	+0.2%	3 M €	+3.1%	2,9 M €	+2.0%	2,9 M €	+1.1%	2,8 M €	+2.2%	2,8 M €	+1.1%	2,7 M €	+0.3%	2,7 M €	+17.3%	2,3 M €	+31.4%	1,8 M €	+4.3%	1,7 M €	+5.5%	1,6 M €	+3.9%	1,5 M €	+6.3%	1,5 M €	+4.9%	1,4 M €	+5.9%	1,3 M €	+6.0%	1,2 M €	+7.1%	1,2 M €	+6.7%	1,1 M €	+5.2%	1 M €
Total assets	3,1 M €	+2.5%	3 M €	+3.2%	2,9 M €	+1.9%	2,9 M €	-4.2%	3 M €	+2.0%	2,9 M €	+1.1%	2,9 M €	+0.1%	2,9 M €	+23.1%	2,3 M €	+30.6%	1,8 M €	+3.1%	1,7 M €	+6.2%	1,6 M €	+2.6%	1,6 M €	+6.6%	1,5 M €	-16.0%	1,8 M €	+31.1%	1,4 M €	-37.4%	2,2 M €	+4.5%	2,1 M €	+3.1%	2 M €	+1.4%	2 M €
Cash	884,7 k €	+13.4%	780,1 k €	-29.1%	1,1 M €	-10.6%	1,2 M €	-5.1%	1,3 M €	-31.1%	1,9 M €	-12.3%	2,1 M €	-2.4%	2,2 M €	+49.9%	1,5 M €	+166%	552,7 k €	-16.4%	661,2 k €	-21.6%	843,7 k €	+11.6%	756 k €	+23.0%	614,5 k €	-29.9%	876,9 k €	+110%	417,5 k €	+530%	66,3 k €	-23.7%	86,9 k €	+885%	8,8 k €	+61.0%	5,5 k €
Debts	74,7 k €	+1401%	5 k €	+71.2%	2,9 k €	+16.9%	2,5 k €	-98.4%	156 k €	+2275%	6,6 k €	+1162%	520,6 €	0.0%	520,6 €	-58.9%	1,3 k €	-40.3%	2,1 k €	-87.6%	17 k €	+3041%	542,8 €	-96.2%	14,4 k €	+467%	2,5 k €	-99.3%	353,8 k €	+23775%	1,5 k €	-99.8%	886,9 k €	+1.7%	871,7 k €	-0.6%	877 k €	+3.0%	851,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Caroline Logghe

Director · since 28 décembre 2022 · until 09 juin 2029

Active

Ghislaine Matten

Managing director · since 28 décembre 2022 · until 09 juin 2029

Active

Ended mandates

Caroline Logghe

Director · since 28 avril 2017 · until 10 juin 2023

Ended

Ghislaine Matten

Managing director · since 28 avril 2017 · until 10 juin 2023

Ended

Caroline Logghe

Director · since 11 juin 2011 · until 10 juin 2017

Ended

Ghislaine Matten

Director · since 11 juin 2011 · until 10 juin 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/06/2026	29/06/2025	24/06/2024	22/06/2023	02/07/2022	19/06/2021
General meeting	06/06/2026	27/06/2025	24/06/2024	10/06/2023	18/06/2022	12/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	06/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	29/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	02/07/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	19/06/2021	Dutch	PDF
Abridged model	31/12/2019	13/06/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	31/05/2019	Dutch	PDF
Abridged model	31/12/2017	27/04/2018	11/05/2018	Dutch	PDF
Abridged model	31/12/2016	28/04/2017	16/05/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	16/05/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	15/06/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	11/06/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	19/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Caroline Logghe

Director · since 28 décembre 2022 · until 09 juin 2029

Active

Ghislaine Matten

Managing director · since 28 décembre 2022 · until 09 juin 2029

Active

Ended mandates

Caroline Logghe

Director · since 28 avril 2017 · until 10 juin 2023

Ended

Ghislaine Matten

Managing director · since 28 avril 2017 · until 10 juin 2023

Ended

Caroline Logghe

Director · since 11 juin 2011 · until 10 juin 2017

Ended

Ghislaine Matten

Director · since 11 juin 2011 · until 10 juin 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/10/2017
KAPITAAL - AANDELEN
PDF
Mandates19/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202576,8 k €↓
2024
Annual accounts 202491,4 k €↑
2023
Annual accounts 202358,1 k €↑
2022
Annual accounts 202230,8 k €↓
2021
Annual accounts 202161 k €↑
2020
Annual accounts 202029,3 k €↑
2019
Annual accounts 20197,9 k €↓
2018
Annual accounts 2018401,4 k €↓
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 201672,5 k €↓
2015
Annual accounts 201588,9 k €↑
2014
Annual accounts 201459,9 k €↓
2013
Annual accounts 201391,2 k €↑
2012
Annual accounts 201268,5 k €↓
2011
Annual accounts 201176,9 k €↑
2010
Annual accounts 201073,9 k €↓
2009
Annual accounts 200981,9 k €↑
2008
Annual accounts 200872,3 k €↑
2007
Annual accounts 200753,1 k €↑
2006
Annual accounts 200637,9 k €
30/05/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MAPILCO

Overview

What does MAPILCO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline