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Advanced Practical Diagnostics

Active Private limited companyfounded 2008active for 18 yearsRaadsherenstraat 3, 2300 TurnhoutKBO/BCE: BE 0806.556.285

Lifetime

17 annual accounts with figures on one time axis
peak €2.3m (2025)
€2.3m▲ 11.8%
lowest -€1.4m (2012)
€508,322▲ 52.8%
peak €2.5m (2025)
€2.5m▲ 25.5%
€2.0m▼ 9.7%
peak 14.1 FTE (2019)
12.3 FTE▼ 5.4%
Board2 names since 2013
Owners
  
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Result from €332,572 to €508,322Equity from €2.0m to €2.5mCash from €23,065 to €193,629

Key points

from the 2025 annual accounts

Equity

€2.5m ▲ 25.5%

Advanced Practical Diagnostics has made a profit without a break since 2021.

Result

€508,322 ▲ 52.8%
€333,0002024€508,0002025

The result rose in 2025 from €332,572 to €508,322.

Turnover

≈ €3.9m estimated

The abbreviated format states no turnover.

Staff

12 employees on 31-12-2025
242021332022222023232024232025

In 2025, 2 people joined and 3 left.

Filings

17 annual accounts since 2009
AprilJune31 JulyOctober2010201520202025

The 2024 accounts came 25 days late. The other nine of the last ten were filed on time.

Position in the sector

€508,322

Higher net result than 95% of companies in pharmaceuticals. Sector median -€11,123 · 62 companies.

Checked score

96
Excellent
Financially stronger than 64% of small companies in pharmaceuticals (NACE 21)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 44 companies (NACE 21, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.9 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

81+9equity 55.5% of total assets
45+8short-term debt 26.1% · cash 4.3%
83+4return on assets 11.3%

Score breakdown

lowers risk
Founded in 2008
Size: 12.3 FTE, total assets €4.5m
Figures for financial year 2025 (filed on 17-07-2026)
Profit of €508,322 (financial year 2025)
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 21, small). It does better than 55% of them on solvency, 50% on liquidity, 80% on profitability and 73% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as Advanced Practical Diagnostics has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Advanced Practical Diagnostics itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,811 companies, not a prediction for Advanced Practical Diagnostics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €240,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.15 (1.62 in 2024), above the usual 1.5. Short-term debt is 26.1% and cash 4.3% of total assets. 44.5% of the assets are financed with debt and provisions.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 12.3 FTE, total assets €4.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 17-07-2026)
NBB · annual accounts
lowers risk · Profit of €508,322 (financial year 2025)
NBB · annual accounts
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
25 days late
2023
on the day
2022
18 days early
2021
13 days early
2020
17 days early
2019
2 days early
← 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 6 days before the deadline. In the sector (NACE 21), the median for financial year 2024 was 9 days before the deadline, and 32% 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 18 July (4 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
11-11-2026 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

Board and ownership

  • HOVE 3%score 95equity €1.7m (2025) · 2024 annual accounts of HOVE
Board & ownership

Recent changes

Capital increase of €1,000,000 7,555 new shares · Change of role: Verstappen Pascale Louisa Petrus, from manager to director · General meeting of 14-12-2020 · Gazette deed
Appointment: Nicolas Karel Jan (successor manager) General meeting of 16-10-2018 · Gazette deed
First establishment Raadsherenstraat 3, Turnhout
Incorporation published on 02-10-2008 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
Advanced Practical Diagnostics Turnhout - - 55.5% 12.3
ASTEL MEDICA Neupré - - 53.2% 14.6
CRESSANA Zwalm - - 84.1% 4.4
BIVIT Wevelgem - - 17.8% 23.5
BETAPLUS PHARMA Woluwe-Saint-Lambert €5.4m 23.2% 89.8% 11.3
Hyloris Developments Liège €5.1m - 87.1% 12.2
PHARMACIE SMITS Wavre - - 14.0% 8.2

These companies have the same main activity as Advanced Practical Diagnostics: manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201). They are comparable in size and age: total assets between €1.9m and €25m, founded between 1989 and 2013.

Official details

Source: KBO
Status
Active since 18-09-2008Normal situation
Activity
Manufacture of basic pharmaceutical products and pharmaceutical preparationsNACE 21201and 2 others
Joint committee
207White-collar workers in the chemical industry · annual accounts 2025
Establishment unit
2.173.180.2782300 Turnhout, since 24-09-2008
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€4.5m▲ 7.0%
Employeeson 31-12-2025
12▼ 7.7%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on Advanced Practical Diagnostics

Advanced Practical Diagnostics files the abbreviated format. That format states no turnover. The gross margin rose from -€69,851 in 2009 to €2.3m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Advanced Practical Diagnostics

What is the company number of Advanced Practical Diagnostics?
The company number of Advanced Practical Diagnostics is 0806.556.285. The VAT number is the same number with BE in front: BE 0806.556.285.
Where is Advanced Practical Diagnostics based?
The registered office is at Raadsherenstraat 3, 2300 Turnhout.Company details
What does Advanced Practical Diagnostics do?
According to the KBO register, the main activity is manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21201).
What is the legal form of Advanced Practical Diagnostics?
Advanced Practical Diagnostics is a private limited company (BV).
When was Advanced Practical Diagnostics founded?
Advanced Practical Diagnostics was founded on 18-09-2008.
Is Advanced Practical Diagnostics still active?
Yes, Advanced Practical Diagnostics is an active enterprise in the KBO register.
How many employees does Advanced Practical Diagnostics have?
Advanced Practical Diagnostics had an average of 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Advanced Practical Diagnostics fall under?
In its 2025 annual accounts, Advanced Practical Diagnostics states joint committee 207 (White-collar workers in the chemical industry).
What is the turnover of Advanced Practical Diagnostics?
The turnover in financial year 2025 is ≈ €3.9m. This figure is estimated from the gross margin of €2.3m and 1,585 comparable companies of the same size. It probably lies between €2.7m and €6.5m. It is a rough estimate.
Is Advanced Practical Diagnostics profitable?
In financial year 2025, Advanced Practical Diagnostics made a profit of €508,322.
Where can I find the annual accounts of Advanced Practical Diagnostics?
Advanced Practical Diagnostics filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Advanced Practical Diagnostics due?
Advanced Practical Diagnostics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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