APITOPE INTERNATIONAL
The computed 12-month bankruptcy probability of APITOPE INTERNATIONAL is < 0.1% (very low). The 2025 annual accounts show equity of €264k and a net result of €472k. Equity is shrinking by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 2209 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €264k |
| Net result | €472k |
| Better than sector | 44% |
| Active | 17 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 47.8% | 58.2% | |
| Net result | €472k | €60k | |
| Equity | €264k | €74k | |
| Gross operating margin | €475k | €96k | |
| Total assets | €553k | €187k |
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €472k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €0 |
| Dividends | €250k |
| Total assets | €553k |
| Equity | €264k |
| Debt | €289k |
| of which ≤ 1y | €289k |
| of which > 1y | - |
| Working capital | €264k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.91 |
| Quick ratio | 1.91 |
| Working capital ratio | 47.8% |
| Solvency | 47.8% |
| Debt / equity | 1.09 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 85.3% |
| ROE | 178.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €553k |
| Current assets | 29/58 | €553k |
| Amounts receivable within one year | 40/41 | €550k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €553k |
| Equity | 10/15 | €264k |
| Contributions / capital | 10/11 | €160k |
| Reserves | 13 | €11k |
| Accumulated profits (losses) | 14 | €94k |
| Amounts payable | 17/49 | €289k |
| Amounts payable within one year | 42/48 | €289k |
| Trade debts payable within one year | 44 | €39k |
| Income statement | ||
| Gross operating margin | 9900 | €475k |
| Operating result | 9901 | €474k |
| Financial income | 75 | €11 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €472k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €472k |
| Result to be appropriated | 9905 | €472k |
-
Stéphan VerdoodDirectorState Gazette act 22064593 (30-05-2022)Current30-05-2022 → present
-
Tom AertsDirectorState Gazette act 22064593 (30-05-2022)Current30-05-2022 → present
-
Hayley FrenchDirectorState Gazette act 25065677 (22-05-2025)Current24-12-2019 → present
3 events
- 22-05-2025 Appointed· Director
- 30-05-2022 Appointed· Managing director
- 24-12-2019 Appointed· Director
Historic, not recently confirmed (10)
-
Kim LagaeAuditorState Gazette act 19150546 (19-11-2019)Not recently confirmedlast confirmed in an act from 2019
-
Luk BBoard memberState Gazette act 19150546 (19-11-2019)Not recently confirmedlast confirmed in an act from 2019
-
Barbara LeymanDirectorState Gazette act 15147198 (19-10-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 19-10-2015 Resigned· Director
- 19-10-2015 Appointed· Director
-
Brenig PreestDirectorState Gazette act 15147198 (19-10-2015)Not recently confirmedlast confirmed in an act from 2015
-
Martin KeithDirectorState Gazette act 15147198 (19-10-2015)Not recently confirmedlast confirmed in an act from 2015
3 events
- 24-12-2019 Resigned· Director
- 19-10-2015 Appointed· Director
- 01-07-2015 Appointed· Director
-
Stéphane VerdoodDirectorState Gazette act 15147198 (19-10-2015)Not recently confirmedlast confirmed in an act from 2015
-
Daniels Richard JackDirectorState Gazette act 15093576 (01-07-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 19-10-2015 Resigned· Director
- 01-07-2015 Appointed· Director
-
LRM Beheer NV - Vertegenwoordigd door Vandervelpen NicoDirectorState Gazette act 15093576 (01-07-2015)Not recently confirmedlast confirmed in an act from 2015
-
SGV Management Services BVBA - Vertegenwoordigd door Verdood StéphaneLegal entityDirectorState Gazette act 15093576 (01-07-2015)Not recently confirmedlast confirmed in an act from 2015
-
Wraith DavidDirectorState Gazette act 15093576 (01-07-2015)Not recently confirmedlast confirmed in an act from 2015
2 events
- 19-10-2015 Resigned· Director
- 01-07-2015 Appointed· Director
Permanent representatives (7)
-
Edward RaynerVaste vertegenwoordigerState Gazette act 20045894 (01-04-2020)Permanent representative01-04-2020 → present
-
Tom AertsVaste vertegenwoordiger in de raad van bestuurState Gazette act 20045894 (01-04-2020)Permanent representative01-04-2020 → present
-
Barbara LeymanVaste vertegenwoordiger in de raad van bestuurState Gazette act 15136827 (28-09-2015)Permanent representative28-09-2015 → present
-
Brennig PreestVaste vertegenwoordigerState Gazette act 20045894 (01-04-2020)Permanent representative- → 01-04-2020
-
Debora DumontVaste vertegenwoordiger in de raad van bestuurState Gazette act 15136827 (28-09-2015)Permanent representative- → 28-09-2015
-
Katleen VandersmissenVaste vertegenwoordiger in de raad van bestuurState Gazette act 20045894 (01-04-2020)Permanent representative- → 01-04-2020
-
Nico VandervelpenVaste vertegenwoordiger in de raad van bestuurState Gazette act 15136827 (28-09-2015)Permanent representative- → 28-09-2015
Former directors (4)
-
John CassidyVast vertegenwoordiger van bestuurder wales life science investment fund lpState Gazette act 20101199 (02-09-2020)Former02-09-2020 → 12-01-2021
2 events
- 12-01-2021 Resigned· Vast vertegenwoordiger van bestuurder
- 02-09-2020 Appointed· Vast vertegenwoordiger van bestuurder wales life science investment fund lp
-
Edward RaynerVast vertegenwoordiger van bestuurder wales life science investment fund lpState Gazette act 20101199 (02-09-2020)Former- → 02-09-2020
-
William JenkinsDirectorState Gazette act 18161944 (07-11-2018)Former07-11-2018 → 02-09-2020
2 events
- 02-09-2020 Resigned· Director
- 07-11-2018 Appointed· Director
-
Gaston MatthyssensDirectorState Gazette act 15147198 (19-10-2015)Former- → 19-10-2015
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BCVBA PwC Bedrijfsrevisoren Statutory auditor |
- | 24-04-2019 → 24-04-2019 |
| Luc Annick Statutory auditor succeeded by BCVBA PwC Bedrijfsrevisoren in 2019 |
- | 08-09-2015 → 24-04-2019 |
| NACE primary | Human health(86910) |
| Legal form | Public limited company(014) |
| Incorporation | 21-10-2008 |
| Status | Active |
| Postal code | 3590 |
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. |
|---|---|---|---|---|
| 71011A0272/00F000 | Flanders | 2.5 ha | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-05-2025 Hayley French appointed as director
- Hayley French, Bestuurder
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}30-05-2022 3 directors appointed
- Stéphan Verdood, Bestuurder
- Tom Aerts, Bestuurder
- Hayley French, Gedelegeerd bestuurder
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}08-03-2022 Capital increase to €10,768,392.39
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}02-12-2021 Capital increase of €940,436.17 to €1,992,657.72
- €1.052.221,55 → €1.992.657,72
- Inbreng in natura · Apport en nature
Technical details
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}12-01-2021 John Cassidy resigns as vast vertegenwoordiger van bestuurder
- John Cassidy, Vast vertegenwoordiger van bestuurder
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}02-09-2020 1 director appointed, 2 resigning
- John Cassidy, Vast vertegenwoordiger van bestuurder wales life science investment fund lp
- William Jenkins, Bestuurder
- Edward Rayner, Vast vertegenwoordiger van bestuurder wales life science investment fund lp
Technical details
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}01-04-2020 2 directors appointed, 2 resigning
- Tom Aerts, Vaste vertegenwoordiger in de raad van bestuur
- Edward Rayner, Vaste vertegenwoordiger
- Katleen Vandersmissen, Vaste vertegenwoordiger in de raad van bestuur
- Brennig Preest, Vaste vertegenwoordiger
Technical details
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}30-12-2019 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "De notaris Kim Lagae te Brussel heeft op 15 november 2019 een akte opgesteld waarin de verwezenlijking van de uitgifte van converteerbare obligaties en warrants van APITOPE INTERNATIONAL wordt vastgesteld. De akte is neergelegd bij de Ondernemingsrechtbank Antwerpen, afdeling Hasselt, en is gepubliceerd in het Belgisch Staatsblad op 30 december 2019.",
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}24-12-2019 1 director appointed, 1 resigning
- Hayley French, Bestuurder
- Keith Martin, Bestuurder
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}19-11-2019 2 directors appointed
- Luk B, Board member
- Kim Lagae, Auditor
Technical details
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}19-09-2019 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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}20-08-2019 Articles of association amended
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}24-04-2019 BCVBA PwC Bedrijfsrevisoren appointed as statutory auditor
- BCVBA PwC Bedrijfsrevisoren, Commissaris
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}31-12-2018 Articles of association amended
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}07-11-2018 William Jenkins appointed as director
- William Jenkins, Bestuurder
Technical details
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}08-12-2017 Capital decrease of €19,947,778.45 to €1,052,221.55
- €21.000.000 → €1.052.221,55
Technical details
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}24-10-2017 Capital increase of €2,500,000 to €31,227,500.80
- €28.727.500,80 → €31.227.500,80
- Inbreng in geld · Apport en numéraire
Technical details
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}19-07-2017 Capital increase of €3,480 to €28,730,980.80
- €28.727.500,80 → €28.730.980,80
- Inbreng in geld · Apport en numéraire
Technical details
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}19-10-2015 Articles of association amended
Technical details
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}28-09-2015 1 director appointed, 2 resigning
- Barbara Leyman, Vaste vertegenwoordiger in de raad van bestuur
- Nico Vandervelpen, Vaste vertegenwoordiger in de raad van bestuur
- Debora Dumont, Vaste vertegenwoordiger in de raad van bestuur
Technical details
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}08-09-2015 Luc Annick appointed as statutory auditor
- Luc Annick, Commissaris
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}01-07-2015 5 directors appointed
- Wraith David, Bestuurder
- Martin Keith, Bestuurder
- Daniels Richard Jack, Bestuurder
- SGV Management Services BVBA - Vertegenwoordigd door Verdood Stéphane, Bestuurder
- LRM Beheer NV - Vertegenwoordigd door Vandervelpen Nico, Bestuurder
Technical details
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}18-03-2011 Transaction in capital or shares
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | APITOPE INTERNATIONAL |