ASSEMBLICS
ActiveSummary
ASSEMBLICS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.1m and a net result of €415,171. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-9
Solvency81▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 2.25 against 2.13 in 2023; short-term debt: 39.6% and cash: 12.8% of total assets), and 43.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.4%
Return on assets
11%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
on the day
2022
on the day
2021
31 d late
2020
2 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#4 fastest grower in Harelbeke, Manufacturing sector#5 oldest company in West Flanders, Computer and electronic products sector
Turnover
€5.1m
EBIT margin
15.2%
Net result
€415,171▼ 39.2%
2023 · €682,373
Working capital
€1.9m▲ 9.8%
2023 · €1.7m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€389,865▼ 57.1%€1.1m▲ 178%€947,177▼ 12.5%€864,896▼ 8.7%€500,478▼ 42.1%
Net result€318,986▼ 54.9%€840,542▲ 164%€729,876▼ 13.2%€682,373▼ 6.5%€415,171▼ 39.2%
EBIT margin
Equity€1.4m▲ 9.3%€1.8m▲ 31.5%€2.0m▲ 7.1%€2.1m▲ 4.2%€2.1m▲ 4.2%
Total assets€2.3m▲ 11.5%€3.9m▲ 69.5%€3.6m▼ 5.9%€3.8m▲ 5.7%€3.8m▼ 1.4%
Debt€881,755▲ 24.1%€2.0m▲ 130%€1.7m▼ 17.7%€1.8m▲ 7.4%€1.7m▼ 7.7%
Working capital€1.4m▲ 3.5%€1.7m▲ 25.5%€1.7m▼ 0.3%€1.7m▼ 0.2%€1.9m▲ 9.8%
Staff (FTE)18.2▼ 1.1%19.3▲ 6.0%21.6▲ 11.9%21.9▲ 1.4%22.5▲ 2.7%
Why a figure moved sharply
- 2021 Net result +164%, Total assets +69% on 2020. Cause not known from the registers.
- 2020 Net result -55% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.8m
Fixed assets
€411,461 ▼ 33.2%
Current assets
€3.4m ▲ 4.7%
Equity and liabilities €3.8m
Equity
€2.1m ▲ 4.2%
Debt
€1.7m ▼ 7.7%
Debt's share of the balance-sheet total falls from 46.6% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€724,604▼
2023 · €1.1m
Cash flow
€639,298▼
2023 · €906,257
Current ratio
2.25▲
2023 · 2.13
Quick ratio
1.39▲
2023 · 1.20
Debt to equity
0.77▼
2023 · 0.87
ROE
19.4%▼
2023 · 33.3%
ROA
11.0%▼
2023 · 17.8%
Interest coverage
39.01▼
2023 · 47.82
Debt ≤ 1 year
€1.5m▼
2023 · €1.5m
Debt > 1 year
€130,405▼
2023 · €253,284
Income taxes
€89,173▼
2023 · €174,794
Staff costs
€1.4m▲
2023 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €901,383 | €1.1m | €1.3m | €1.4m | ▲ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,369 | €105,756 | €169,414 | €223,883 | €224,127 | ▲ 0.1% |
| Other operating charges640/8 | - | €2,093 | €3,979 | €3,580 | €4,239 | ▲ 18.4% |
| Gross operating margin9900 | €1.0m | €2.1m | €2.2m | €2.4m | €2.1m | ▼ 10.7% |
| Operating profit (loss)9901 | €389,865 | €1.1m | €947,177 | €864,896 | €500,478 | ▼ 42.1% |
| Financial income75/76B | - | €1,446 | €10,907 | €15,043 | €22,440 | ▲ 49.2% |
| Recurring financial income75 | €5,332 | €1,446 | €10,907 | €15,043 | €22,440 | ▲ 49.2% |
| Financial charges65/66B | - | €23,388 | €39,719 | €22,770 | €18,574 | ▼ 18.4% |
| Recurring financial charges65 | €32,856 | €23,388 | €39,719 | €22,770 | €18,574 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | €362,341 | €1.1m | €918,364 | €857,168 | €504,344 | ▼ 41.2% |
| Income taxes67/77 | €43,355 | €220,533 | €188,488 | €174,794 | €89,173 | ▼ 49.0% |
| Profit (loss) for the period9904 | €318,986 | €840,542 | €729,876 | €682,373 | €415,171 | ▼ 39.2% |
| Profit (loss) for the period to be appropriated9905 | €318,986 | €840,542 | €729,876 | €682,373 | €415,171 | ▼ 39.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €3.9m | €3.6m | €3.8m | €3.8m | ▼ 1.4% |
| Fixed assets21/28 | €202,759 | €319,817 | €620,469 | €615,864 | €411,461 | ▼ 33.2% |
| Tangible fixed assets22/27 | €202,497 | €319,555 | €620,207 | €615,602 | €411,199 | ▼ 33.2% |
| Plant, machinery and equipment23 | - | €71,818 | €85,203 | €191,920 | €154,084 | ▼ 19.7% |
| Furniture and vehicles24 | - | €2,607 | €2,834 | €1,638 | €2,997 | ▲ 82.9% |
| Leasing and similar rights25 | - | €245,130 | €517,894 | €409,245 | €242,797 | ▼ 40.7% |
| Other tangible fixed assets26 | - | - | €14,276 | €12,799 | €11,322 | ▼ 11.5% |
| Financial fixed assets28 | €262 | €262 | €262 | €262 | €262 | = |
| Current assets29/58 | €2.1m | €3.5m | €3.0m | €3.2m | €3.4m | ▲ 4.7% |
| Stocks and contracts in progress3 | €95,184 | €1.5m | €1.5m | €1.4m | €1.3m | ▼ 7.4% |
| Stocks30/36 | - | €59,120 | €175,246 | €704,040 | €872,683 | ▲ 24.0% |
| Contracts in progress37 | - | €1.4m | €1.3m | €700,944 | €427,775 | ▼ 39.0% |
| Amounts receivable within one year40/41 | €898,658 | €1.3m | €910,829 | €1.5m | €1.6m | ▲ 4.0% |
| Trade receivables40 | - | €966,052 | €871,417 | €948,837 | €709,828 | ▼ 25.2% |
| Other amounts receivable41 | - | €333,369 | €39,412 | €565,250 | €865,277 | ▲ 53.1% |
| Cash at bank and in hand54/58 | €762,462 | €750,294 | €553,052 | €269,177 | €484,137 | ▲ 79.9% |
| Deferred charges and accrued income490/1 | - | €43,171 | €60,557 | €36,293 | €17,289 | ▼ 52.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €3.9m | €3.6m | €3.8m | €3.8m | ▼ 1.4% |
| Equity10/15 | €1.4m | €1.8m | €2.0m | €2.1m | €2.1m | ▲ 4.2% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Non-distributable reserves130/1 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Distributable reserves133 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Profit (loss) carried forward14 | €1.0m | €1.5m | €1.6m | €1.7m | €1.8m | ▲ 5.0% |
| Amounts payable17/49 | €881,755 | €2.0m | €1.7m | €1.8m | €1.7m | ▼ 7.7% |
| Amounts payable after more than one year17 | €116,786 | €166,357 | €343,055 | €253,284 | €130,405 | ▼ 48.5% |
| Financial debts170/4 | - | €166,357 | €343,055 | €253,284 | €130,405 | ▼ 48.5% |
| Amounts payable within one year42/48 | €707,975 | €1.8m | €1.3m | €1.5m | €1.5m | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | - | €85,618 | €181,936 | €165,828 | €122,879 | ▼ 25.9% |
| Financial debts43 | - | €220,000 | - | - | - | - |
| Credit institutions430/8 | - | €220,000 | - | - | - | - |
| Trade debts44 | €301,924 | €737,136 | €562,066 | €255,490 | €497,680 | ▲ 94.8% |
| Suppliers440/4 | - | €737,136 | €562,066 | €255,490 | €497,680 | ▲ 94.8% |
| Advances received on contracts in progress46 | - | €392,966 | - | €450,990 | €254,338 | ▼ 43.6% |
| Taxes, remuneration and social security45 | - | €189,615 | €256,550 | €327,143 | €293,901 | ▼ 10.2% |
| Taxes450/3 | - | €22,511 | €77,242 | €81,115 | €84,810 | ▲ 4.6% |
| Remuneration and social security454/9 | - | €167,103 | €179,308 | €246,028 | €209,091 | ▼ 15.0% |
| Other amounts payable47/48 | - | €200,000 | €300,000 | €314,034 | €329,817 | ▲ 5.0% |
| Accrued charges and deferred income492/3 | - | €33,216 | €22,222 | €22,300 | €22,292 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €318,986 | €840,542 | €729,876 | €682,373 | €415,171 | ▼ 39.2% |
| + Depreciation and write-downs630 | €34,369 | €105,756 | €169,414 | €223,883 | €224,127 | ▲ 0.1% |
| Operating cash flow (approximation) | €353,355 | €946,298 | €899,291 | €906,257 | €639,298 | ▼ 29.5% |
| Investment in fixed assets (approximation) | - | -€222,813 | -€470,067 | -€219,278 | -€19,724 | ▲ 91.0% |
| Change in cash | - | -€12,169 | -€197,242 | -€283,875 | €214,960 | ▲ 176% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2mEq €2.1m ▲4.2%
6 profitable years in a row build equity to €2.1m.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €840,542 ▲164%
Operating result €1.1m, net result €840,542, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €318,986 ▼54.9%
Net result drops to €318,986, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
16 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1985
Ground area
4,580 m²
Building footprint
2,040 m²
Volume, LiDAR
9,153 m³
Parcel 34322B0554/00M002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
ASSEMBLICS NV
since 19852.120.819.282
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0554/00M002 | Flanders | 4,579 m² | 1 · 2,040 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
KORAMIC INVESTMENTS
11 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
- PATRIMCOUR
- Assemblics International
- ASSEMBLICS
Highest known parent: PATRIMCOUR. The sources do not say who stands above it.
Owners 2
-
100%
- KORAMIC INVESTMENTSparentSourceLEI registerconsolidated
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 4 entries · 57,531 EUR awarded · 32,531 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 54,900 EUR | 29,900 EUR |
| 2024 | 1 | 2,631 EUR | 2,631 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
5493004CVWI42RG8VB25
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Of 146 companies in sector 26200 we hold annual accounts for 84. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-04-1985
Fiscal year end31-12
Activities, NACEBEL 2025
26120Manufacture of computer, electronic and optical products
26200Manufacture of computer, electronic and optical products
33200Installation of industrial machinery and equipment
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427170479
Registered
30-06-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.