QUALITY ASSISTANCE

Active

Public limited companyfounded 198243 yrs activeTechnoparc de Thudinie(DON) 2, 6536 Thuin, BelgiumKBO/BCE: BE 0423.357.983

Summary

QUALITY ASSISTANCE has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.4m and a net result of -€388,974. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

QUALITY ASSISTANCEActiveChecked score 95/100

Risk analysis Report Compare

Activity

Medical imaging and medical laboratories

NACE 86910Other technical testing and analysis NACE 71209Other professional, scientific and technical activities NACE 74302

#1 company by total assets in Thuin, Health and social work sector1 site

Size

€31.7mturnover 2025

Staff: 256.8 FTE
Equity: €28.4m
Loss: -€388,974

Financial health

95 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Largest shareholder: VALOIS · 15.85%
Board: 3 members

Accounts filed 4 d late1 of 24 deeds read

Why 95- Liquidity: current ratio 1.91, cash €2.9m- Loss of €388,974 (FY 2025)+ Sector Human health activities (NACE 86)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Better than 62% of its sector peers (NACE 86, large)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 76-8

equity 51.1% of total assets

Liquidity 53+1

short-term debt 16.1% · cash 5.2%

Profitability 70-17

return on assets -0.7%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (80 companies)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -3.6% vs 01-2025lowest value 03-2025: < 0.1%▲ +3.7% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%▲ +17.9% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▼ -3.0% vs 01-2026 03-2026: < 0.1%▲ +3.1% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +6.1% vs 06-2026 08-2026: < 0.1%▲ +37.1% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value

Sector Human health activities (NACE 86) lowers the probability
Liquidity: current ratio 1.91, cash €2.9m raises the probability
Loss of €388,974 (FY 2025) raises the probability
Legal form Public limited company lowers the probability

Credit up to €2,650,000 at 30 days acceptable

Liquidity ample (current ratio 1.91 against 2.99 in 2024; short-term debt: 16.1% and cash: 5.2% of total assets), and 48.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 86, large). Better than this share of them on solvency 68%, liquidity 74%, profitability 90%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Human health activities (NACE 86)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 1.91, cash €2.9m

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €388,974 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Legal form Public limited company

In the bankruptcy model this factor lowers the probability.

KBO

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

4 d late

2024

44 d early

2023

47 d early

2022

54 d early

2021

52 d early

2020

53 d early

2019

58 d 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 43 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 15 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

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

04-08-26 Annual accounts filedfiscal year 2025 · full…
06-07-26 Reappointments: Nathalie Draux, Quality Life Invest…State Gazette act
31-12-25 Weakest financial yearnet -€388,974

Key points

Caution: From profit to loss in 2025after €4.6m in 2024 -€388,974 View
Caution: Among the weakest 5% on net resultsector median €73,317 · 733 companies -€388,974 View
New directorslatest change 08-06-2026 · 3 in office 3 joined View
Positive: 3 years of growth in a rowturnover 2025: €31.7m 3 years View