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IMPLS

Active
Private limited companyfounded 2022active for 4 yearsEmiel Clauslaan 95B, 9800 Deinze, BelgiumKBO/BCE: BE 0783.977.457
Summary

The computed 12-month bankruptcy probability of IMPLS is 3.4% (moderate). The 2025 annual accounts show negative equity (-€19,137) and a net result of -€41,541. Equity has been shrinking by about 191% per year since 2023. Its solvency ranks better than 5% of 58 sector peers (NACE 17, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-03-2022 Normal situation
Activity
Manufacture of paper and paper products NACE 17210and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2024
Establishment unit
2.329.663.945 9500 Geraardsbergen, since 29-03-2022
Financial year end
31 March
Peppol
Reachable since 30-04-2025

Board and ownership

Board
  • DELIMANDirector · since 28-03-2022 · permanent representative Koen PEETERS
  • NXT ConceptDirector · since 28-03-2022 · permanent representative VANPRAET Jan Willem
Shareholders
  • QUICK-SET-GREEN2025 annual accounts of QUICK-SET-GREEN
  • DELIMAN· score 9131-03-2024 annual accounts of DELIMAN
  • NXT Concept· score 3930-06-2024 annual accounts of NXT Concept

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts to 31-03-2025
Gross margin
€88,561
▲ 22×
Turnover
≈ €240,000
estimated
Loss
€41,541
▼ 55.9%
Equity
-€19,137
Total assets
€367,982
▲ 93.3%
Employees on 31-03-2025
2
=
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskLiquidity: current ratio 0.57, cash €7, halvedFigures for financial year 2025 (filed on 05-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 5 days latelowers riskSize: total assets €367,982Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in paper (NACE 17)
Financial strength · tick: 2024
Weak
Solvency 20-17
equity -5.2% of total assets
Liquidity 0-24
short-term debt 89.6% · cash 0.0%
Profitability 5+5
return on assets -11.3%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (113 companies, NACE 17, micro)
Last 24 months 12-2024: 2.6% 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 2.5%▼ -0.1 percentage points vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.1 percentage points vs 07-2025 09-2025: 2.6%▼ -0.1 percentage points vs 08-2025 10-2025: 2.7%▲ +0.1 percentage points vs 09-2025 11-2025: 3.5%▲ +0.8 percentage points vs 10-2025highest value 12-2025: 2.7%▼ -0.8 percentage points vs 11-2025 01-2026: 2.6%▼ -0.1 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.5%▼ -0.1 percentage points vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.5%● unchanged vs 04-2026 06-2026: 2.5%● unchanged vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026lowest value 08-2026: 2.5%● unchanged vs 07-2026 09-2026: 2.6%▲ +0.1 percentage points vs 08-2026 10-2026: 2.8%▲ +0.2 percentage points vs 09-2026 11-2026: 3.4%▲ +0.6 percentage points vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.57 (1.06 in 2024), below 1. Short-term debt is 89.6% and cash 0% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 17, micro). It does better than 15% of them on solvency, 4% on liquidity, 11% on profitability and 1% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.57, cash €7, halved
NBB · annual accounts
lowers risk · Size: total assets €367,982
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 05-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 5 days late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€19,137
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-11-2025, 5 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 · 3 filings
Deviation from the deadline
2026
not filed
2025
5 days late
2024
12 days late
2023
16 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 11 days after the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€19,137 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€41,541 View
  • Caution: Lower solvency than 95% of companies in papersector median 49.9% · 58 companies -5.2% View
  • Positive: Result rose in 2025from -€94,121 to -€41,541 ▲ 55.9% View

Recent changes

  1. · Gazette deed Amendment of the articles · Miscellaneous
  2. · Gazette deed IncorporationAppointments: NXT Concept (director) and DELIMAN (director) · Permanent representatives: VANPRAET Jan Willem and Koen PEETERS
All 6 events

Comparable companies

These companies have the same main activity as IMPLS: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €72,200 and €2.3m, founded between 2018 and 2024.

CompanyTotal assetsGross margin
IMPLS Deinze€0.4m€0.09m
Advertipack Mechelen€0.2m€0.05m
Delta Print Wielsbeke€0.6m€0.3m
Belgian Laminating Company Lier€2.3m€0.1m
Packwork Anderlecht€0.9m€0.8m
AYP Flémalle€0.07m€0.06m
Verpackt Zemst€1.5m€1.1m
Full comparison

Key facts about IMPLS

What is the company number of IMPLS?
The company number of IMPLS is 0783.977.457. The VAT number is the same number with BE in front: BE 0783.977.457.
Where is IMPLS based?
The registered office is at Emiel Clauslaan 95B, 9800 Deinze.Company details
What does IMPLS do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
What is the legal form of IMPLS?
The legal form of IMPLS is Private limited company (BV).
When was IMPLS founded?
IMPLS was founded on 29-03-2022.
Is IMPLS still active?
Yes, IMPLS is an active enterprise in the KBO register.
How many employees does IMPLS have?
IMPLS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IMPLS fall under?
In its 31-03-2024 annual accounts, IMPLS states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of IMPLS?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €88,561 and 1,291 comparable companies of the same size. It probably lies between €150,000 and €470,000. It is a rough estimate.
Is IMPLS profitable?
In financial year 2025, IMPLS made a loss of €41,541.
Where can I find the annual accounts of IMPLS?
IMPLS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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