ACTIVE

MAPA

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Financial year 2025 · closed on 31/12/2025
Net result
107,7 k €
-53.2% YoY
Gross margin
1,1 M €
+33.5% YoY
Equity
535,9 k €
-35.3% YoY
Workforce
8,5 ETP
+26.9% YoY

What does MAPA do?

MAPA is a Private limited company incorporated in 1995. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Koekelare. It employs on average 8,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.759.952
Incorporation
10/03/1995
Legal form
Private limited company
Registered office
Barnestraat 1 box F
8680 Koekelare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
8,5 ETP
Activities (NACE)
46500Wholesale of information and communication equipment· main46510Wholesale of computers, computer peripheral equipment and software47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores51840Air transport52487Warehousing and support activities for transportation
Joint committees (2)
  • 14904
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,1 M €798,1 k €937,9 k €1,1 M €966,8 k €867,2 k €684,5 k €742,2 k €796,6 k €655,8 k €585,2 k €649,7 k €530,5 k €570,0 k €674,9 k €606,6 k €481,7 k €440,9 k €413,3 k €370,9 k €
EBITDA128,2 k €320,8 k €439,2 k €620,3 k €529,4 k €433,7 k €316,1 k €357,4 k €449,4 k €310,7 k €254,5 k €345,0 k €230,8 k €240,0 k €335,8 k €298,5 k €190,7 k €162,8 k €165,1 k €177,3 k €
Operating result110,5 k €295,8 k €406,3 k €590,3 k €508,2 k €411,1 k €297,7 k €332,2 k €403,1 k €258,8 k €220,2 k €318,9 k €207,2 k €205,8 k €306,8 k €270,6 k €167,1 k €128,7 k €128,5 k €133,4 k €
Net result107,7 k €230,3 k €313,0 k €447,7 k €385,5 k €298,9 k €212,1 k €255,0 k €333,7 k €186,4 k €152,8 k €247,4 k €152,2 k €143,2 k €226,0 k €204,8 k €139,1 k €95,3 k €94,9 k €99,9 k €
Balance sheet
Equity535,9 k €828,2 k €597,9 k €609,9 k €462,2 k €361,7 k €312,8 k €1,0 M €770,7 k €837,0 k €650,5 k €1,1 M €925,4 k €848,2 k €705,1 k €979,0 k €774,2 k €635,1 k €539,8 k €444,9 k €
Total assets1,6 M €909,2 k €1,0 M €1,1 M €1,1 M €1,1 M €818,9 k €1,1 M €1,0 M €966,6 k €1,3 M €1,3 M €1,2 M €1,3 M €1,4 M €1,2 M €955,2 k €807,9 k €764,3 k €658,1 k €
Cash722,5 k €363,7 k €356,5 k €294,1 k €531,0 k €374,5 k €323,6 k €643,0 k €397,2 k €195,9 k €875,4 k €777,9 k €503,6 k €773,9 k €630,9 k €451,6 k €434,5 k €21,7 k €252,4 k €192,6 k €
Debts583,9 k €52,5 k €397,1 k €449,2 k €620,9 k €740,2 k €484,3 k €81,3 k €232,7 k €108,9 k €661,2 k €156,7 k €211,7 k €463,2 k €621,6 k €166,0 k €150,6 k €148,9 k €209,3 k €196,2 k €
Other
Workforce8,5 ETP6,7 ETP8,8 ETP8,4 ETP8,9 ETP8,5 ETP8,2 ETP8,8 ETP7,9 ETP7,8 ETP7,7 ETP7,9 ETP7,4 ETP7,8 ETP8,0 ETP7,1 ETP7,0 ETP6,8 ETP6,3 ETP5,8 ETP
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 · 5 ended

Active mandates

ADVIMA

Managing director · since 09 avril 2025 · 0750.655.185

Represented by Arthur De Veene

Active
Bedrijfs - Informatica Management en Advies

Managing director · since 09 avril 2025 · 0439.912.816

Represented by Jan De Veene

Active

Ended mandates

Chris Paridaen

Manager

Ended
JEPPE

Manager · 0894.187.768

Represented by Chris Paridaen

Ended
JEPPE

Manager · 0894.187.768

Represented by Chris Paridaen

Ended
K-FINTECH

Administrator - manager · 0866.287.994

Represented by Koen Perdu

Ended
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Annual accounts

Full financial information

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 date16/06/202630/04/202527/06/202429/06/202326/06/202220/08/2021
General meeting12/06/202631/03/202514/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202616/06/2026DutchPDF
Abridged model31/12/202431/03/202530/04/2025DutchPDF
Abridged model31/12/202314/06/202427/06/2024DutchPDF
Abridged model31/12/202209/06/202329/06/2023DutchPDF
Abridged model31/12/202110/06/202226/06/2022DutchPDF
Abridged model31/12/202011/06/202120/08/2021DutchPDF
Abridged model31/12/201912/06/202001/08/2020DutchPDF
Abridged model31/12/201814/06/201930/07/2019DutchPDF
Abridged model31/12/201708/06/201827/07/2018DutchPDF
Abridged model31/12/201609/06/201725/08/2017DutchPDF
Abridged model31/12/201510/06/201628/06/2016DutchPDF
Abridged model31/12/201412/06/201530/06/2015DutchPDF
Abridged model31/12/201313/06/201429/08/2014DutchPDF
Abridged model31/12/201214/06/201329/08/2013DutchPDF
Abridged model31/12/201108/06/201231/07/2012DutchPDF
Abridged model31/12/201010/06/201129/08/2011DutchPDF
Abridged model31/12/200911/06/201030/08/2010DutchPDF
Abridged model31/12/200812/06/200914/07/2009DutchPDF
Abridged model31/12/200713/06/200826/08/2008DutchPDF
Abridged model31/12/200625/05/200721/06/2007DutchPDF
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 · 5 ended

Active mandates

ADVIMA

Managing director · since 09 avril 2025 · 0750.655.185

Represented by Arthur De Veene

Active
Bedrijfs - Informatica Management en Advies

Managing director · since 09 avril 2025 · 0439.912.816

Represented by Jan De Veene

Active

Ended mandates

Chris Paridaen

Manager

Ended
JEPPE

Manager · 0894.187.768

Represented by Chris Paridaen

Ended
JEPPE

Manager · 0894.187.768

Represented by Chris Paridaen

Ended
K-FINTECH

Administrator - manager · 0866.287.994

Represented by Koen Perdu

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring27/08/2026
    NEERLEGGING FUSIEVOORSTEL - VOLMACHT
    PDF
  • Mandates12/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/06/2021
    DIVERSEN
    PDF
  • Other22/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates22/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/04/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025107,7 k €↓
  2. 2024
    Annual accounts 2024230,3 k €↓
  3. 2023
    Annual accounts 2023313,0 k €↓
  4. 2022
    Annual accounts 2022447,7 k €↑
  5. 2021
    Annual accounts 2021385,5 k €↑
  6. 2020
    Annual accounts 2020298,9 k €↑
  7. 2019
    Annual accounts 2019212,1 k €↓
  8. 2018
    Annual accounts 2018255,0 k €↓
  9. 2017
    Annual accounts 2017333,7 k €↑
  10. 2016
    Annual accounts 2016186,4 k €↑
  11. 2015
    Annual accounts 2015152,8 k €↓
  12. 2014
    Annual accounts 2014247,4 k €↑
  13. 2013
    Annual accounts 2013152,2 k €↑
  14. 2012
    Annual accounts 2012143,2 k €↓
  15. 2011
    Annual accounts 2011226,0 k €↑
  16. 2010
    Annual accounts 2010204,8 k €↑
  17. 2009
    Annual accounts 2009139,1 k €↑
  18. 2008
    Annual accounts 200895,3 k €↑
  19. 2007
    Annual accounts 200794,9 k €↓
  20. 2006
    Annual accounts 200699,9 k €
  21. 10/03/1995
    IncorporationPrivate limited company