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ADVANCED POLYMER SOLUTIONS

Active
Public limited companyfounded 1997active for 29 yearsHaandorpweg(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0460.758.710
Summary

The computed 12-month bankruptcy probability of ADVANCED POLYMER SOLUTIONS is 3.2% (moderate). The 2025 annual accounts show equity of €188,172 and a net result of -€144,797. Equity has been shrinking by about 4.8% per year since 2018. Its solvency ranks better than 22% of 861 sector peers (NACE 52, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-05-1997 Normal situation
Registered office
31 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Warehousing and storage NACE 52100and 4 others
Joint committee
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
Establishment unit
2.082.202.196 9130 Beveren-Kruibeke-Zwijndrecht, since 13-06-1997
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Board and ownership

Board
  • VDS-ConsultancyDirector · permanent representative Stephen Van der Steen
  • Entra ConsultDirector · permanent representative Dirk Michielsens
  • WetransDirector · permanent representative Anton Colpaert
Auditor
Ernst & Young Bedrijfsrevisoren
Shareholders
  • Katoen Natie· score 82annual accounts 2025
  • Katoen Natie Group S.A.annual accounts 2025

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Annual accounts 2025
Gross margin
€1.9m
▲ 2.3%
Turnover
≈ €3.2m
estimated
Loss
€144,797
Equity
€188,172
▼ 43.5%
Total assets
€1.3m
▼ 40.1%
Employees on 31-12-2025
31
▲ 19.2%
Filed on 13-07-2026, 18 days before the deadline
Score breakdownraises riskLoss of €144,797 (financial year 2025)Equity €188,172 (14.7% of total assets)Sector: Warehousing and support activities for transportation (NACE 52)Liquidity: current ratio 1.00, cash €54Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 12% of small companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Weak
Solvency 40-1
equity 14.7% of total assets
Liquidity 3-2
short-term debt 85.2% · cash 0.0%
Profitability 5-69
return on assets -11.3%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (596 companies, NACE 52, small)
Last 24 months 12-2024: 0.7%lowest value 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.7%● unchanged vs 01-2025lowest value 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 1.1%▲ +0.2 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +2.0 percentage points vs 07-2026highest value 09-2026: 3.2%● unchanged vs 08-2026highest value 10-2026: 3.2%● unchanged vs 09-2026highest value 11-2026: 3.2%● unchanged vs 10-2026highest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.0 (1.13 in 2024), below the usual 1.5. Short-term debt is 85.2% and cash 0% of total assets. 85.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small). It does better than 27% of them on solvency, 6% on liquidity, 8% on profitability and 9% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Loss of €144,797 (financial year 2025)
NBB · annual accounts
raises risk · Equity €188,172 (14.7% of total assets)
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Liquidity: current ratio 1.00, cash €54
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 861 sector peers (2025).
NBB · sector comparison
Position among 861 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
30 days early
2023
1 day early
2022
21 days late
2021
3 days late
2020
18 days late
2019
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €93,521 in 2024 -€144,797 View
  • Caution: Lower net result than 85% of companies in warehousing and transport supportsector median €109,676 · 854 companies -€144,797 View

Recent changes

  1. · Gazette deed Reappointments: Entra Consult, Wetrans and 2 othersPermanent representatives: Dirk Michielsens, Anton Colpaert and 2 others
  2. · Gazette deed Resignation: Vanellus (director)Permanent representative: Jacob Jan Kievit
  3. · Gazette deed Appointment: VDS-Consultancy (bijkomend bestuurder)Permanent representative: Stephen Van der Steen
All 23 events

Comparable companies

These companies have the same main activity as ADVANCED POLYMER SOLUTIONS: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €854,000 and €2.8m, founded between 1993 and 2002.

CompanyTotal assetsGross margin
ADVANCED POLYMER SOLUTIONS Beveren-Kruibeke-Zwijndrecht€1.3m€1.9m
SMETS - FRUIT EN SORTERING Sint-Truiden€1.7m€1.4m
ROVADIS Ninove€2.8m€2.2m
DYNALOGIC BELGIUM Boom€2.2m€2.8m
Delmakor Deerlijk€0.9m€2.3m
WALUPACK SERVICES Herstal€1.3m€1.2m
CORRAL Antwerpen€2.7m€1.7m
Full comparison

Key facts about ADVANCED POLYMER SOLUTIONS

What is the company number of ADVANCED POLYMER SOLUTIONS?
The company number of ADVANCED POLYMER SOLUTIONS is 0460.758.710. The VAT number is the same number with BE in front: BE 0460.758.710.
Where is ADVANCED POLYMER SOLUTIONS based?
The registered office is at Haandorpweg(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht.Company details
What does ADVANCED POLYMER SOLUTIONS do?
According to the KBO register, the main activity is warehousing and storage (NACE 52100).
What is the legal form of ADVANCED POLYMER SOLUTIONS?
The legal form of ADVANCED POLYMER SOLUTIONS is Public limited company (NV).
When was ADVANCED POLYMER SOLUTIONS founded?
ADVANCED POLYMER SOLUTIONS was founded on 29-05-1997.
Is ADVANCED POLYMER SOLUTIONS still active?
Yes, ADVANCED POLYMER SOLUTIONS is an active enterprise in the KBO register.
How many employees does ADVANCED POLYMER SOLUTIONS have?
ADVANCED POLYMER SOLUTIONS had an average of 27.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ADVANCED POLYMER SOLUTIONS fall under?
In its 2025 annual accounts, ADVANCED POLYMER SOLUTIONS states joint committee 226 (Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek).
What is the turnover of ADVANCED POLYMER SOLUTIONS?
The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.9m and 1,586 comparable companies of the same size. It probably lies between €2.2m and €5.3m. It is a rough estimate. In financial year 2023 turnover was €4.0m.
Is ADVANCED POLYMER SOLUTIONS profitable?
In financial year 2025, ADVANCED POLYMER SOLUTIONS made a loss of €144,797.
Where can I find the annual accounts of ADVANCED POLYMER SOLUTIONS?
ADVANCED POLYMER SOLUTIONS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADVANCED POLYMER SOLUTIONS due?
ADVANCED POLYMER SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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