Mapwave
Mapwave is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €92k and a net result of €41k. Equity is growing by ~84.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 3139 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €92k |
| Net result | €41k |
| Better than sector | 46% |
| Active | 4 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.5% | 52.5% | |
| Net result | €41k | €32k | |
| Equity | €92k | €75k | |
| Gross operating margin | €67k | €52k | |
| Staff costs | €14k | €9k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €41k |
| Cash flow | n/a |
| Staff costs | €14k |
| Income taxes | €11k |
| Dividends | - |
| Total assets | €193k |
| Equity | €92k |
| Debt | €101k |
| of which ≤ 1y | €101k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 47.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 21.1% |
| ROE | 44.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €193k |
| Fixed assets | 21/28 | €11k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €182k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €135k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €193k |
| Equity | 10/15 | €92k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €89k |
| Amounts payable | 17/49 | €101k |
| Amounts payable within one year | 42/48 | €101k |
| Trade debts payable within one year | 44 | €90k |
| Income statement | ||
| Gross operating margin | 9900 | €67k |
| Operating result | 9901 | €52k |
| Financial charges | 65 | €539 |
| Result before taxes | 9903 | €51k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €41k |
| Result to be appropriated | 9905 | €41k |
-
Elies HendrickxLegal entityDirector· perm. rep.: Elies HendrickxState Gazette act 26038301 (17-03-2026)Current19-11-2025 → present
-
MAARTEN ANDRIESSENLegal entityDirector· perm. rep.: Maarten AndriessenState Gazette act 26038301 (17-03-2026)Current19-11-2025 → present
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 22-11-2021 |
| Status | Active |
| Postal code | 2000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0262/00V000 | Flanders | 1,305 m² | 1 · 1,305 m² | 31.6 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-03-2026 2 directors appointed
- Maarten Andriessen, Bestuurder
- Elies Hendrickx, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Maarten Andriessen",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0456786559",
"name": "Maarten Andriessen BV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-11-19",
"evidence_quote": "De algemene vergadering besluit met eenparigheid van stemmen tot de benoeming van de volgende bestuurders, met ingang van 19 november 2025 voor onbepaalde duur: - Maarten Andriessen BV, met zetel aan de Diepestraat 60 te 2400 Mol, ingeschreven in de Kruispuntbank van Ondememingen onder nummer 0456.7"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Elies Hendrickx",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0769574145",
"name": "Elies Hendrickx CommV",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-11-19",
"evidence_quote": "De algemene vergadering besluit met eenparigheid van stemmen tot de benoeming van de volgende bestuurders, met ingang van 19 november 2025 voor onbepaalde duur: ... - Elies Hendrickx CommV, met zetel aan de Kleine Doornstraat 27 te 2610 Antwerpen, ingeschreven in de Kruispuntbank van Ondernemingen o"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.565.856",
"name_full": "MAPWAVE",
"legal_form": "BV"
}
}31-10-2023 Registered office moved within Antwerpen
- Ankerrui 9, 2000 Antwerpen → Ankerrui 9/201, 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "Ankerrui",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "9/201"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "Ankerrui",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "9"
},
"effective_date": "2023-08-31",
"evidence_quote": "Naar aanleiding van het schrijven van de stad Antwerpen d.d. 14 september 2023 werd de nieuwe interne nummering voor het pand Ankerrui 9 te 2000 Antwerpen gewijzigd naar Ankerrui 9/201 te 2000 Antwerpen met ingang vanaf 31 augustus 2023."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.565.856",
"name_full": "MAPWAVE",
"legal_form": "BV"
}
}12-10-2022 Registered office moved from Mechelen to Antwerpen
- Donkerlei 94, 2800 Mechelen → Ankerrui 9, 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Ankerrui",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "9"
},
"old_address": {
"city": "Mechelen",
"region": "Vlaams Gewest",
"street": "Donkerlei",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "94"
},
"effective_date": "2022-10-03",
"evidence_quote": "Er werd beslist om de zetel te verplaatsen van Donkerlei 94 te 2800 Mechelen naar Ankerrui 9 te 2000 Antwerpen met ingang vanaf heden."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.565.856",
"name_full": "MAPWAVE",
"legal_form": "BV"
}
}24-11-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Donkerlei 94, 2800 Mechelen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-09-05",
"name": "Hendrickx, Elies",
"niss": null,
"address": "Donkerlei 94, 2800 Mechelen"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Hendrickx, Elies",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1976-12-09",
"name": "Andriessen, Maarten Anna Jan",
"niss": null,
"address": "Diepestraat 60, 2400 Mol"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1500,
"holder_person_name": "Andriessen, Maarten Anna Jan",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0777.565.856",
"name_full": "Mapwave",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-11-22",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Mapwave |