Equity
Implicity paid out €30,000 in dividends. That is 135% of the 2025 profit.
In July 2024, 39,278 companies had the same profile as Implicity has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Implicity. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Implicity Uccle | €51,629 | €31,316 | 35.2% | - |
| Optagone Consulting Uccle | €53,735 | €33,218 | 4.7% | - |
| CNVCO Uccle | €53,820 | €34,700 | 0.0% | - |
| LOUCHEBEM Forest | €44,488 | €32,615 | 37.6% | - |
| Heta Management Woluwe-Saint-Pierre | €58,826 | €27,623 | 25.2% | - |
| MANASKI Etterbeek | €60,065 | €31,927 | 72.7% | - |
| ORMI Ixelles | €53,970 | €34,810 | 73.8% | - |
These companies have the same main activity as Implicity: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €44,500 and €60,100, founded between 2021 and 2022.
Implicity files the micro format. That format states no turnover. The gross margin rose from €8,033 in 2022 to €31,316 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €91,000. Estimated: probably between €54,000 and €130,000.
Higher than 34% of 39,376 companies in 2025.
Higher than 38% of 38,058 companies in 2025.
Higher than 82% of 38,530 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
51,629 | 49,718 | 33,189 | 20,167 | |
21/28 |
2,892 | 4,509 | 2,612 | 3,509 | |
22/27 |
2,892 | 4,509 | 2,612 | 3,509 | |
24 |
2,892 | 4,509 | 2,612 | 3,509 | |
29/58 |
48,737 | 45,209 | 30,577 | 16,657 | |
40/41 |
27,362 | 27,912 | 13,208 | 11,605 | |
40 |
27,281 | 27,783 | 13,165 | 11,549 | |
41 |
81 | 129 | 44 | 56 | |
54/58 |
18,729 | 16,725 | 16,877 | 4,560 | |
490/1 |
2,645 | 572 | 492 | 492 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
51,629 | 49,718 | 33,189 | 20,167 | |
10/15 |
18,170 | 25,946 | 12,131 | 9,948 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
13,170 | 20,946 | 7,131 | 4,948 | |
133 |
13,170 | 20,946 | 7,131 | 4,948 | |
17/49 |
33,459 | 23,772 | 21,059 | 10,218 | |
42/48 |
33,459 | 23,772 | 21,059 | 10,218 | |
44 |
5,852 | 2,296 | 7,949 | 276 | |
440/4 |
5,852 | 2,296 | 7,949 | 276 | |
45 |
17,607 | 21,476 | 13,109 | 9,942 | |
450/3 |
17,607 | 21,476 | 13,109 | 9,942 | |
47/48 |
10,000 | - | - | - | |
| Income statement | |||||
9900 |
31,316 | 20,473 | 5,782 | 8,033 | |
630 |
1,616 | 1,122 | 897 | 513 | |
640/8 |
579 | 564 | 657 | 804 | |
9901 |
29,121 | 18,786 | 4,228 | 6,716 | |
75/76B |
- | - | - | 2 | |
75 |
- | - | - | 2 | |
65/66B |
80 | 76 | 70 | 71 | |
65 |
80 | 76 | 70 | 71 | |
9903 |
29,040 | 18,710 | 4,158 | 6,647 | |
67/77 |
6,816 | 4,895 | 1,976 | 1,698 | |
9904 |
22,224 | 13,815 | 2,182 | 4,948 | |
9905 |
22,224 | 13,815 | 2,182 | 4,948 | |
| Appropriation of the result | |||||
9906 |
22,224 | 13,815 | 2,182 | 4,948 | |
791/2 |
20,000 | - | - | - | |
691/2 |
12,224 | 13,815 | 2,182 | 4,948 | |
6921 |
12,224 | 13,815 | 2,182 | 4,948 | |
694/7 |
30,000 | - | - | - | |
694 |
30,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-08-2026.
2025 annual accounts filed 6 days after the deadline. Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394025.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 30,737 | 19,909 | 5,126 | 7,229 | ||
| 23,840 | 14,938 | 3,080 | 5,462 | ||
| 0 | 3,019 | 0 | 4,022 | ||
| 2,004 | -152 | 12,317 | - | ||
| 15,277 | 21,437 | 9,519 | 6,439 | ||
| 35.2% | 52.2% | 36.5% | 49.3% | ||
| 1.46 | 1.90 | 1.45 | 1.63 | ||
| 1.84 | 0.92 | 1.74 | 1.03 | ||
| 122.3% | 53.2% | 18.0% | 49.7% | ||
| 43.0% | 27.8% | 6.6% | 24.5% | ||
| over 100 | over 100 | 73.40 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €3,019 | - | €4,022 |
| €1,616 | €1,122 | €897 | €513 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 55% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 47.8% to 64.8%. Equity is lower and debt is higher.
Implicity has no parent and no holdings in its annual accounts. Implicity shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Alsembergsesteenweg 669 registered office 1180 Uccle | 21-01-2022 | 2.328.846.571 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21616A0183/00Z043 | 373 m² | 1 · 85 m² | 12.1 m · 3 |
If something looks wrong or is missing, please tell us.