MAP4F
0883.444.425 · rovalta.com · 21/09/2026
ACTIVE
MAP4F
Financial year 2025 · closed on 31/12/2025
Net result
29,2 k €
+25.4% YoY
Gross margin
147,5 k €
+1.8% YoY
Equity
314,5 k €
+9.9% YoY
Overview
What does MAP4F do?
MAP4F is a Private limited company incorporated in 2006. Its main activity is: Computer programming activities. Its registered office is in Heist-op-den-Berg.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0883.444.425
Incorporation
04/09/2006
Legal form
Private limited company
Registered office
Leo Kempenaersstraat 61 box 2
2223 Heist-op-den-Berg · FlandreSee on map
2223 Heist-op-den-Berg · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities62020Computer consultancy activities62200Computer programming, consultancy and related activities63100Data processing, hosting and related activities; web portals+3
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 147,5 k € | +1.8% | 144,9 k € | +22.4% | 118,4 k € | +0.4% | 117,9 k € | +30.7% | 90,2 k € | +11.5% | 80,9 k € | +1.5% | 79,7 k € | -49.1% | 156,7 k € | -18.6% | 192,5 k € | +1.7% | 189,2 k € | +368% | 40,5 k € | +131% | 17,5 k € | -75.0% | 69,9 k € | +446% | 12,8 k € | -84.8% | 84,2 k € | +851% | -11,2 k € | -2569% | 453,9 € | +138% | -1,2 k € | +86.8% | -9,0 k € |
| EBITDA | 50,0 k € | +6.2% | 47,1 k € | +188% | 16,3 k € | -25.6% | 21,9 k € | -18.8% | 27,0 k € | -2.4% | 27,7 k € | +1.2% | 27,4 k € | -73.1% | 101,8 k € | -28.6% | 142,6 k € | +4.0% | 137,1 k € | +322% | 32,5 k € | +86.6% | 17,4 k € | -75.1% | 69,8 k € | +448% | 12,7 k € | -84.9% | 84,2 k € | +813% | -11,8 k € | -4407% | 273,9 € | +120% | -1,4 k € | +84.6% | -9,0 k € |
| Operating result | 43,6 k € | +25.3% | 34,8 k € | +400% | 7,0 k € | -60.4% | 17,6 k € | -8.5% | 19,2 k € | +67.3% | 11,5 k € | -25.0% | 15,3 k € | -83.7% | 94,2 k € | -30.9% | 136,3 k € | +2.0% | 133,6 k € | +327% | 31,3 k € | +460% | -8,7 k € | -120% | 43,4 k € | +408% | -14,1 k € | -125% | 57,2 k € | +255% | -37,0 k € | -13619% | 273,9 € | +112% | -2,3 k € | +74.8% | -9,0 k € |
| Net result | 29,2 k € | +25.4% | 23,3 k € | +658% | 3,1 k € | -74.4% | 12,0 k € | -0.4% | 12,1 k € | +77.0% | 6,8 k € | -25.9% | 9,2 k € | -86.2% | 66,8 k € | -13.9% | 77,6 k € | +0.2% | 77,5 k € | +281% | 20,3 k € | +295% | -10,4 k € | -140% | 25,8 k € | +229% | -20,0 k € | -138% | 52,0 k € | +232% | -39,3 k € | -16674% | 237,0 € | +110% | -2,3 k € | +74.5% | -9,0 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 314,5 k € | +9.9% | 286,1 k € | +8.5% | 263,6 k € | +0.9% | 261,4 k € | +4.5% | 250,2 k € | +4.7% | 238,9 k € | -5.4% | 252,4 k € | +3.4% | 244,0 k € | +37.1% | 178,1 k € | +76.1% | 101,1 k € | +328% | 23,6 k € | +624% | 3,3 k € | -76.2% | 13,7 k € | +213% | -12,1 k € | -254% | 7,9 k € | +118% | -44,2 k € | -803% | -4,9 k € | +4.6% | -5,1 k € | -81.4% | -2,8 k € |
| Total assets | 389,3 k € | +17.3% | 332,0 k € | -5.5% | 351,2 k € | +8.0% | 325,2 k € | +0.4% | 323,9 k € | +5.4% | 307,4 k € | +18.1% | 260,4 k € | -11.9% | 295,6 k € | -5.1% | 311,4 k € | +29.3% | 240,8 k € | +109% | 114,9 k € | -12.2% | 130,9 k € | -2.7% | 134,6 k € | +0.1% | 134,5 k € | -23.0% | 174,6 k € | +12.9% | 154,7 k € | +8687% | 1,8 k € | +54.6% | 1,1 k € | -56.9% | 2,6 k € |
| Cash | 24,2 k € | -72.6% | 88,1 k € | -28.2% | 122,6 k € | +130% | 53,3 k € | -50.2% | 107,1 k € | -32.0% | 157,4 k € | +145% | 64,3 k € | -55.4% | 144,3 k € | -11.1% | 162,3 k € | +168% | 60,6 k € | +79.6% | 33,7 k € | -7.2% | 36,3 k € | +31.0% | 27,7 k € | +15867% | 173,8 € | -99.6% | 39,4 k € | – | – | 108,2 € | -2.5% | 111,0 € | |||
| Debts | 69,3 k € | +90.6% | 36,4 k € | -53.0% | 77,4 k € | +41.3% | 54,7 k € | -17.7% | 66,5 k € | +0.7% | 66,0 k € | +737% | 7,9 k € | -83.8% | 48,7 k € | -62.8% | 131,1 k € | -4.5% | 137,2 k € | +50.2% | 91,4 k € | -28.4% | 127,7 k € | +5.6% | 121,0 k € | -17.5% | 146,6 k € | -12.1% | 166,8 k € | -16.1% | 198,8 k € | +2889% | 6,7 k € | +6.1% | 6,3 k € | +14.6% | 5,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | 1,6 ETP | 0.0% | 1,6 ETP | 0.0% | 1,6 ETP | 0.0% | 1,6 ETP | +100% | 0,8 ETP | – | – | 0,8 ETP | 0.0% | 0,8 ETP | – | – | – | – | – | – | – | – | – | |||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Mario Elia
ActiveEnded mandates
Alexandre Beyens
EndedMario Elia
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro 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 | 07/09/2026 | 11/06/2025 | 04/06/2024 | 06/06/2023 | 13/06/2022 | 16/06/2021 |
| General meeting | 30/06/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 28/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 07/09/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/05/2025 | 11/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 31/05/2024 | 04/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 26/05/2023 | 06/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 27/05/2022 | 13/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/05/2021 | 16/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/05/2020 | 14/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/05/2019 | 25/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 25/05/2018 | 23/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/05/2017 | 18/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/05/2016 | 06/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/05/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/05/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/05/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 25/05/2012 | 13/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 27/05/2011 | 16/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 28/05/2010 | 27/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/05/2009 | 16/12/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 17/02/2009 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Mario Elia
ActiveEnded mandates
Alexandre Beyens
EndedMario Elia
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202529,2 k €↑
- 2024Annual accounts 202423,3 k €↑
- 2023Annual accounts 20233,1 k €↓
- 2022Annual accounts 202212,0 k €↓
- 2021Annual accounts 202112,1 k €↑
- 2020Annual accounts 20206,8 k €↓
- 2019Annual accounts 20199,2 k €↓
- 2018Annual accounts 201866,8 k €↓
- 2017Annual accounts 201777,6 k €↑
- 2016Annual accounts 201677,5 k €↑
- 2015Annual accounts 201520,3 k €↑
- 2014Annual accounts 2014-10,4 k €↓
- 2013Annual accounts 201325,8 k €↑
- 2012Annual accounts 2012-20,0 k €↓
- 2011Annual accounts 201152,0 k €↑
- 2010Annual accounts 2010-39,3 k €↓
- 2009Annual accounts 2009237,0 €↑
- 2008Annual accounts 2008-2,3 k €↑
- 2007Annual accounts 2007-9,0 k €
- 04/09/2006IncorporationPrivate limited company