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ADVANCED PRECISION LABORATORIES

Active
Public limited companyfounded 198936 yrs activeGroenenborgerlaan 154, 2020 Antwerpen, BelgiumKBO/BCE: BE 0439.603.802

ADVANCED PRECISION LABORATORIES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €15k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+4
Solvency28▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.31 in 2024; short-term debt: 26.3% and cash: 2.4% of total assets), and 97.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.7%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 920 sector peers (2025).
NBB · sector comparison
Position among 920 sector peers
Solvency
better than 12%
← 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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
28 d early
2023
1 d early
2022
61 d early
2021
23 d early
2020
30 d early
2019
9 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 240%
2024 · €4k
2018: €16k 2019: €-35k 2020: €-33k 2021: €5k 2022: €2k 2023: €9k 2024: €4k
2018 → 2025
Working capital
€-345k▲ 0.7%
2024 · €-347k
2018: €71k 2019: €-27k 2020: €-54k 2021: €-32k 2022: €-222k 2023: €-292k 2024: €-347k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€21k-€23k▲ 9.1%€32k▲ 37.7%€36k▲ 13.3%€51k▲ 40.0%
Operating result€17k-€29k▲ 72.6%€43k▲ 47.6%€43k▼ 0.9%€59k▲ 37.2%
Net result€5k-€2k▼ 59.6%€9k▲ 351%€4k▼ 51.3%€15k▲ 240%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €17k€17kNet result 2021: €5k€5kOperating result 2022: €29k€29kNet result 2022: €2k€2kOperating result 2023: €43k€43kNet result 2023: €9k€9kOperating result 2024: €43k€43kNet result 2024: €4k€4kOperating result 2025: €59k€59kNet result 2025: €15k€15k20212022202320242025
The operating result recovers in 2025; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets €1.71M▼ 1.3%
Current assets €144k▼ 6.8%
Equity and liabilities €1.86M
Equity €51k▲ 40.0%
Debt €1.81M▼ 2.6%
The debt ratio falls from 98.1% to 97.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€82k
2024 · €66k
Cash flow
€38k
2024 · €28k
Solvency
2.7%
2024 · 1.9%
Current ratio
0.29
2024 · 0.31
Quick ratio
0.29
2024 · 0.31
Debt / equity
35.38
2024 · 50.86
ROE
28.6%
2024 · 11.8%
ROA
0.8%
2024 · 0.2%
Interest coverage
2.15
2024 · 1.82
Debt
€1.81M
2024 · €1.85M
Debt ≤ 1 year
€488k
2024 · €501k
Debt > 1 year
€1.30M
2024 · €1.34M
Income taxes
€6k
2024 · €2k
Staff costs
€173k
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.89M€1.86M
Fixed assets21/28€1.74M€1.71M
Tangible fixed assets22/27€1.74M€1.71M
Land and buildings22€1.65M€1.65M=
Plant, machinery and equipment23€1k€0
Furniture and vehicles24€85k€63k
Current assets29/58€154k€144k
Amounts receivable within one year40/41€121k€97k
Trade receivables40€95k€85k
Other amounts receivable41€26k€13k
Cash at bank and in hand54/58€32k€45k
Deferred charges and accrued income490/1€2k€1k
Equity and liabilities
Total equity and liabilities10/49€1.89M€1.86M
Equity10/15€36k€51k
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€18k€18k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-69k€-54k
Amounts payable17/49€1.85M€1.81M
Amounts payable after more than one year17€1.34M€1.30M
Financial debts170/4€1.34M€1.30M
Amounts payable within one year42/48€501k€488k
Current portion of amounts payable after more than one year42€39k€39k
Trade debts44€12k€5k
Suppliers440/4€12k€5k
Taxes, remuneration and social security45€57k€39k
Taxes450/3€25k€21k
Remuneration and social security454/9€32k€18k
Other amounts payable47/48€394k€405k
Accrued charges and deferred income492/3€16k€20k
Income statement Code20242025
Non-recurring operating income76A€5k€0
Remuneration, social security and pensions62€205k€173k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k
Other operating charges640/8€11k€10k
Gross operating margin9900€282k€265k
Operating profit (loss)9901€43k€59k
Financial income75/76B€5€29
Recurring financial income75€5€29
Financial charges65/66B€36k€38k
Recurring financial charges65€36k€38k
Profit (loss) for the period before taxes9903€7k€21k
Income taxes67/77€2k€6k
Profit (loss) for the period9904€4k€15k
Profit (loss) for the period to be appropriated9905€4k€15k
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-54k
Profit (loss) brought forward from the previous period14P€-73k€-69k
Social balance
Average headcount (FTE)90873.02.3

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €5k
Net result €5k after 2 loss-making years.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-35k ▼315%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-09-2017 De Munter Herman: Resigned as Managing director
01-09-2017 De Munter Nicolas: Resigned as Director
22-03-2013 Laurence De Munter: Resigned as Director
22-03-2013 Nicholas De Munter: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1996
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Groenenborgerlaan 1542020 Antwerpen
Ground area
1,958 m²
Building footprint
286 m²
Volume, LiDAR
2,021 m³
Parcel 11812M0205/00X000, Flanders · tallest building 19.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Advanced Precision Laboratories
Groenenborgerlaan 154, 2020 AntwerpenInsurance, reinsurance and pension funding, except compulsory social security
since 19962.047.350.096
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11812M0205/00X000 Flanders 1,958 m² 1 · 286 m² 19.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 153 EUR awarded · 153 EUR paid
Year Entries awardedpaid
2023 1 0 EUR153 EUR
2022 1 153 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 153 EUR · 153 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,397. 6,902 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-12-1989
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.