ImplicitMeasures.com

Open bankruptcy

Private limited company (pre-2019)founded 2016Technologiepark-Zwijnaarde 82, 9052 Gent, BelgiumKBO/BCE: BE 0657.989.701

A bankruptcy procedure is open for ImplicitMeasures.com according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-68k) and a net result of €-8k.

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Signals

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

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

29 d late

2021

31 d late

2020

16 d early

2019

21 d early

← before the deadline after the 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

Financials · fiscal year 2022, micro schema

Turnover

€8k

EBIT margin

-731.5%

Net result

€-8k▲ 62.5%

2021 · €-21k

2018: €-10k 2019: €-58k 2020: €-58k 2021: €-21k

2018 → 2022

Working capital

€-13k▼ 56.5%

2021 · €-8k

2018: €8k 2019: €27k 2020: €15k 2021: €-8k

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212022Trend

Turnover€8k

Equity€7k-€20k▲ 174%€-39k€-60k▼ 54.4%€-68k▼ 13.2%

Operating result€-10k-€-57k▼ 503%€-58k▼ 1.2%€-21k▲ 64.7%€-7k▲ 65.2%

Net result€-10k-€-58k▼ 492%€-58k▼ 1.2%€-21k▲ 63.8%€-8k▲ 62.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €7k in 2022 against €21k in 2021; the loss shrinks.

Key figures and ratios

2022 value · change against 2021

Current ratio

0.33▼

2021 · 0.42

Quick ratio

0.33▼

2021 · 0.42

Debt / equity

-1.09▲

2021 · -1.10

ROE

11.7%▼

2021 · 35.2%

ROA

-125.9%▲

2021 · -357.5%

Debt

€74k▲

2021 · €66k

Debt ≤ 1 year

€19k▲

2021 · €14k

Debt > 1 year

€50k=

2021 · €50k

Income taxes

€150

A ratio outside any meaningful range has been withheld (balance sheet total €6k, equity €-68k).

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 · 2022 against 2021

Balance sheet Code20212022

Assets

Total assets20/58€6k€6k▲

Current assets29/58€6k€6k▲

Amounts receivable within one year40/41€3k€1k▼

Trade receivables40€1k€1k=

Other amounts receivable41€1k-

Cash at bank and in hand54/58€2k€4k▲

Deferred charges and accrued income490/1€873€921▲

Equity and liabilities

Total equity and liabilities10/49€6k€6k▲

Equity10/15€-60k€-68k▼

Contributions10/11€89k€89k=

Profit (loss) carried forward14€-148k€-156k▼

Amounts payable17/49€66k€74k▲

Amounts payable after more than one year17€50k€50k=

Financial debts170/4€50k€50k=

Amounts payable within one year42/48€14k€19k▲

Trade debts44€6k€2k▼

Suppliers440/4€6k€2k▼

Taxes, remuneration and social security45-€693

Taxes450/3-€693

Other amounts payable47/48€8k€16k▲

Accrued charges and deferred income492/3€2k€5k▲

Income statement Code20212022

Other operating charges640/8€643€848▲

Gross operating margin9900€-20k€-6k▲

Operating profit (loss)9901€-21k€-7k▲

Financial charges65/66B€573€620▲

Recurring financial charges65€573€620▲

Profit (loss) for the period before taxes9903€-21k€-8k▲

Income taxes67/77-€150

Profit (loss) for the period9904€-21k€-8k▲

Profit (loss) for the period to be appropriated9905€-21k€-8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-148k€-156k▼

Profit (loss) brought forward from the previous period14P€-127k€-148k▼

The notes to these accounts (4 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

All 9Signals 1Financial 2Filings 6

2024

23-09

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · IMPLICITMEASURES.COM BV TECHNOLOGIEPARK-ZWIJNAARDE 82, 9052 ZWIJNAARDE · event 17-09-2024

2023

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

15-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €-58k

Net result drops to €-58k, the lowest in the series.

31-12

Financial Liquidity quadruplescurrent ratio 18.09

Current ratio from 4.51 to 18.09; short-term debt falls from €8k to €896.

10-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

06-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 6 days late

2018

13-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

4 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, Gent · 2 establishment units since 2016

exact location from the address register On OpenStreetMap

Ground area

3,517 m²

Building footprint

2,086 m²

Volume, LiDAR

10,054 m³

3 parcels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

ImplicitMeasures.com

Mahatma Gandhistraat 4, 9000 GentComputing infrastructure, data processing, hosting and other information service activities

since 20162.254.565.555

ImplicitMeasures.com

Werkhuizenstraat 42, 3010 LeuvenComputing infrastructure, data processing, hosting and other information service activities

since 20162.254.567.040

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44082B0143/00K000	Flanders	2,851 m²	1 · 1,922 m²	6.3 m · 2 fl.
24483E0020/00B007	Flanders	341 m²	1 · 75 m²	13.8 m · 4 fl.
44816K0912/00B000	Flanders	326 m²	1 · 88 m²	10.2 m · 3 fl.