Skip to content

ImplicitMeasures.com

Open bankruptcy
Private limited company (pre-2019)founded 2016Technologiepark-Zwijnaarde 82, 9052 Gent, Belgium32 active companies are registered at this addressKBO/BCE: BE 0657.989.701

A bankruptcy procedure is open for ImplicitMeasures.com according to publications in the Belgian Official Gazette; trustee: Linse De Leeuw.

Summary

The 2022 annual accounts show negative equity (-€67,799) and a net result of -€7,912.

ImplicitMeasures.comOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
17 September 2024
Supervising judge
Toon Sorgeloos
Official Gazette
23-09-2024 (pdf) ↗search the document for 2024/135475

Deadlines

Provisional date payments stopped
9 September 2024Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 8 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 17 October 2024art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 22 October 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 17 September 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

  • Linse De LeeuwBrusselsesteenweg 691, 9050 Gentbruggelinse.deleeuw@rydant-deweppe.be

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

Embed in an article

Writing about this bankruptcy? Embed the ImplicitMeasures.com company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Overview

Activity
Computer programming
NACE 62100
2 sites
Size
€6,287total assets 2022
Equity
-€67,799
Loss
-€7,912
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
4 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2022 accounts filed 29 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2022 accounts filed 29 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2023
not filed
2022
29 days late
2021
31 days late
2020
16 days early
2019
21 days early
2018
6 days late
2017
18 days 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 2 days after the deadline; the sector median (NACE 62) for financial year 2023 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Ghent…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Annual accounts filedfinancial year 2021 · micro…

Financials · financial year 2022, micro format

2022 annual accounts filed late (29 days) Filed on 29 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00368582.

Turnover
€7,939
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€7,912▲ 62.5%
2021 · -€21,094
Working capital
-€12,992▼ 56.5%
2021 · -€8,303
Trend over the years

2018 to 2022, 5 financial years 2018 to 2022, 5 financial years

The operating result stays negative: a loss of €7,142 in 2022 against €20,521 in 2021; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€7,142 2022 Net result-€7,912 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022
Turnover€7,939
Operating result-€9,519--€57,396▼ 503%-€58,074▼ 1.2%-€20,521▲ 64.7%-€7,142▲ 65.2%
Net result-€9,733--€57,598▼ 492%-€58,304below the sector's middle half▼ 1.2%-€21,094below the sector's middle half▲ 63.8%-€7,912below the sector's middle half▲ 62.5%
Equity€7,109-€19,512▲ 174%-€38,793below the sector's middle half-€59,887below the sector's middle half▼ 54.4%-€67,799below the sector's middle half▼ 13.2%
Total assets€8,627-€34,335▲ 298%€16,197below the sector's middle half▼ 52.8%€5,900below the sector's middle half▼ 63.6%€6,287below the sector's middle half▲ 6.6%
Debt€1,518-€14,823▲ 877%€54,990▲ 271%€65,786▲ 19.6%€74,086▲ 12.6%
Working capital€8,056-€26,719▲ 232%€15,302within the sector's middle half▼ 42.7%-€8,303below the sector's middle half-€12,992below the sector's middle half▼ 56.5%
Solvency82.4%-56.8%▼ 25.6pp-239.5%below the sector's middle half▼ 296.3pp
Current ratio28.32-4.51▼ 23.8118.09above the sector's middle half▲ 13.580.42below the sector's middle half▼ 17.670.33below the sector's middle half▼ 0.09
Return on assets (ROA)-112.8%--167.8%▼ 54.9pp-360.0%below the sector's middle half▼ 192.2pp-357.5%below the sector's middle half▲ 2.4pp-125.9%below the sector's middle half▲ 231.7pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€19,279▲
2021 · €14,203
Debt > 1 year
€50,000=
2021 · €50,000
Income taxes
€150
A ratio outside any meaningful range has been withheld (balance sheet total €6,287, equity -€67,799).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 32 lines
Balance sheet Code20212022
Assets
Total assets20/58€5,900€6,287▲
Current assets29/58€5,900€6,287▲
Amounts receivable within one year40/41€2,933€1,437▼
Trade receivables40€1,437€1,437=
Other amounts receivable41€1,495-
Cash at bank and in hand54/58€2,094€3,928▲
Deferred charges and accrued income490/1€873€921▲
Equity and liabilities
Total equity and liabilities10/49€5,900€6,287▲
Equity10/15-€59,887-€67,799▼
Contributions10/11€88,600€88,600=
Profit (loss) carried forward14-€148,487-€156,399▼
Amounts payable17/49€65,786€74,086▲
Amounts payable after more than one year17€50,000€50,000=
Financial debts170/4€50,000€50,000=
Amounts payable within one year42/48€14,203€19,279▲
Trade debts44€6,203€2,450▼
Suppliers440/4€6,203€2,450▼
Taxes, remuneration and social security45-€693
Taxes450/3-€693
Other amounts payable47/48€8,000€16,135▲
Accrued charges and deferred income492/3€1,583€4,807▲
Income statement Code20212022
Other operating charges640/8€643€848▲
Gross operating margin9900-€19,878-€6,294▲
Operating profit (loss)9901-€20,521-€7,142▲
Financial charges65/66B€573€620▲
Recurring financial charges65€573€620▲
Profit (loss) for the period before taxes9903-€21,094-€7,762▲
Income taxes67/77-€150
Profit (loss) for the period9904-€21,094-€7,912▲
Profit (loss) for the period to be appropriated9905-€21,094-€7,912▲
Appropriation of the result
Profit (loss) to be appropriated9906-€148,487-€156,399▼
Profit (loss) brought forward from the previous period14P-€127,393-€148,487▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Turnover70--€7,939---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€553€277----
Other operating charges640/8---€643€848▲ 31.9%
Gross operating margin9900-€8,580-€56,146-€57,343-€19,878-€6,294▲ 68.3%
Operating profit (loss)9901-€9,519-€57,396-€58,074-€20,521-€7,142▲ 65.2%
Recurring financial income75--€8---
Financial charges65/66B---€573€620▲ 8.2%
Recurring financial charges65€215€202€239€573€620▲ 8.2%
Profit (loss) for the period before taxes9903-€9,733-€57,598-€58,304-€21,094-€7,762▲ 63.2%
Income taxes67/77----€150-
Profit (loss) for the period9904-€9,733-€57,598-€58,304-€21,094-€7,912▲ 62.5%
Profit (loss) for the period to be appropriated9905-€9,733-€57,598-€58,304-€21,094-€7,912▲ 62.5%
Line20182019202020212022Change
Assets
Total assets20/58€8,627€34,335€16,197€5,900€6,287▲ 6.6%
Fixed assets21/28€277-----
Tangible fixed assets22/27€277-----
Current assets29/58€8,351€34,335€16,197€5,900€6,287▲ 6.6%
Amounts receivable within one year40/41€1,257€21,735€9,585€2,933€1,437▼ 51.0%
Trade receivables40---€1,437€1,437=
Other amounts receivable41---€1,495--
Cash at bank and in hand54/58€7,032€11,572€6,172€2,094€3,928▲ 87.6%
Deferred charges and accrued income490/1---€873€921▲ 5.6%
Equity and liabilities
Total equity and liabilities10/49€8,627€34,335€16,197€5,900€6,287▲ 6.6%
Equity10/15€7,109€19,512-€38,793-€59,887-€67,799▼ 13.2%
Contributions10/11€18,600€19,995-€88,600€88,600=
Profit (loss) carried forward14-€11,491-€69,089-€127,393-€148,487-€156,399▼ 5.3%
Amounts payable17/49€1,518€14,823€54,990€65,786€74,086▲ 12.6%
Amounts payable after more than one year17--€50,000€50,000€50,000=
Financial debts170/4---€50,000€50,000=
Amounts payable within one year42/48€295€7,616€896€14,203€19,279▲ 35.7%
Trade debts44€295€7,616€896€6,203€2,450▼ 60.5%
Suppliers440/4---€6,203€2,450▼ 60.5%
Taxes, remuneration and social security45----€693-
Taxes450/3----€693-
Other amounts payable47/48---€8,000€16,135▲ 102%
Accrued charges and deferred income492/3---€1,583€4,807▲ 204%
Line20182019202020212022Change
Profit (loss) for the period9904-€9,733-€57,598-€58,304-€21,094-€7,912▲ 62.5%
+ Depreciation and write-downs630€553€277----
Operating cash flow (approximation)-€9,180-€57,321-€58,304-€21,094-€7,912▲ 62.5%
Change in cash-€4,540-€5,401-€4,077€1,834-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2022 micro format 29-08-2023 2023-00368582
31-12-2021 micro format 31-08-2022 2022-20361819
31-12-2020 micro format 15-07-2021 2021-36500379
31-12-2019 micro format 10-07-2020 2020-29300045
31-12-2018 micro format 06-08-2019 2019-44000422
31-12-2017 micro format 13-07-2018 2018-32600480

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,002. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Linse De Leeuw
Brusselsesteenweg 691, 9050 Gentbrugge
17-09-2024 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 4 July 2016, ImplicitMeasures.com was incorporated.1 Total assets went from €8,627 in 2018 to €6,287 in 2022.2 The company was declared bankrupt on 17 September 2024.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian Official Gazette, 23-09-2024

Acts, filings and financial milestones

2024
23-09
Bankruptcy Opening
Enterprise Court of Ghent, Ghent division · judgment of 17-09-2024
2023
29-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 29 days late
2022
31-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
15-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Weakest financial yearnet -€58,304
Net result drops to -€58,304, 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 €7,616 to €896.
10-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
06-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 6 days late
2018
13-07
NBB filing Annual accounts filed
financial year 2017 · micro format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official 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.

Opening faillissement

ImplicitMeasures.com is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 December 2022
Legal form
Private limited company (pre-2019)
Active since
4 July 2016
Official KBO record

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-07-2016
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2016
registered office establishment All 2 establishment units on the map
Ground area
3,517 m²
Building footprint
2,086 m²
Building volume
10,054 m³
3 parcels, Flanders · tallest building 13.8 m. Linked by address, not a title deed.
32 companies at this address See who is registered here
2 establishment units
ImplicitMeasures.com
Mahatma Gandhistraat 4, 9000 GentComputing infrastructure, data processing, hosting and related activities
since 2016unit no. 2.254.565.555
ImplicitMeasures.com
Werkhuizenstraat 42, 3010 LeuvenComputing infrastructure, data processing, hosting and related activities
since 2016unit no. 2.254.567.040
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
44082B0143/00K000 Flanders 2,851 m² 1 · 1,922 m² 6.3 m · 2
24483E0020/00B007 Flanders 341 m² 1 · 75 m² 13.8 m · 4
44816K0912/00B000 Flanders 326 m² 1 · 88 m² 10.2 m · 3
How the parcels are linked
Good to know
All 3 parcels match the address exactly.