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QUALITY ASSEMBLIES

Active
Public limited companyfounded 199927 years activePolitieke Gevangenenstraat 18, 8530 Harelbeke, BelgiumKBO/BCE: BE 0465.215.463
Summary

QUALITY ASSEMBLIES has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,493 and a net result of €3,476. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 152 sector peers (NACE 26, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
QUALITY ASSEMBLIESActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26110
1 site
Size
€262,669total assets 2025
Staff
0.4 FTE
Equity
€212,493
Profit
€3,476
Turnover not published (abridged schema)Net result -97%: 15-month year
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Assemblics International · 100%
  • Elie De RuyckDirector
  • Masschelein Invest BVDirector · permanent representative Robbe Masschelein
Accounts 32 days early2 of 11 deeds read
Why 87- 1 change of registered office in 24 months+ Sector Manufacture of computer, electronic and optical products (NACE 26)+ Equity €212,493 (80.9% of total assets)+ Figures for FY 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 26, micro)
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 100+15
equity 80.9% of total assets
Liquidity 54-27
short-term debt 19.1% · cash 7.4%
Profitability 20-80
return on assets 1.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (445 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 5.1 against 2.51 in 2024; short-term debt: 19.1% and cash: 7.4% of total assets), and 19.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 87% on solvency, 49% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Sector Manufacture of computer, electronic and optical products (NACE 26)
KBO
lowers risk · Equity €212,493 (80.9% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 29-06-2026)
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
on the day
2023
5 days early
2022
2 days early
2021
2 days early
2020
1 day early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 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)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Appointments: Elie De Ruyck (director) and…Permanent representative: Robbe Masschelein
  3. Liquidity doublescurrent ratio 5.10

Key points

  • Result fell in 202515-month fiscal year ▼ 97.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: Among the best 20% on solvencysector median 45.8% · 152 companies 80.9% View
  • Controlled by Assemblics Internationalultimately: PATRIMCOUR 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €3,476 7 years View
  • New directorslatest change 15-01-2026 · 2 in office 2 joined View

By topic

Financials

Fiscal year
2025
Total assets
€262,669
Profit
€3,476
Solvency
80.9%
Total assets▼ 36.7%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
Assemblics International · 100%
  • Elie De RuyckDirector
  • Masschelein Invest BVDirector
Go to Board & ownership

Timeline

Events
17
Since
2017
  1. 28-10-2025Permanent representatives: FAMAEY Hilde and BOUCKAERT Steven
  2. 30-04-2025Annual accounts filed
  3. 25-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26110
Founded
15-02-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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