A & G DEVELOPMENT
ActiveSummary
A & G DEVELOPMENT has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,055 and a net result of €10,134. Equity is growing by about 7.5% per year across the filed financial years. Its solvency ranks better than 50% of 2,286 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Consulting, aan- en verkoop, import en export, dienst na verkoop van automatiseringssystemen, evenals informatieverwerkende en overdragende…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Consulting, aan- en verkoop, import en export, dienst na verkoop van automatiseringssystemen, evenals informatieverwerkende en overdragende programmatuur en apparatuur.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- A & G DEVELOPMENT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, buiten de statuten” (deed in Dutch)1 more provision on this in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, meer” (deed in Dutch)“Handelingen die de wet of de statuten aan de algemene vergadering voorbehouden, geheel van de bevoegdheden toegekend met mogelijkheid om…” (deed in Dutch)“Geboekt op algemene kosten, los van eventuele representatie-, reis- en verplaatsingskosten, algemene vergadering beslissend met absolute…” (deed in Dutch)“Bestuursorgaan bepaalt of zij alleen dan wel gezamenlijk optreden, gedelegeerden kunnen bijzondere volmachten verlenen aan iedere lasthebber” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen van dit register betreffende hun effecten” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Tenzij het bevoegde orgaan er anders over beslist, volgestort bij uitgifte” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Helft gereserveerd, helft uitgekeerd, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of February at 17:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Één aandeel één stem, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Geen andere vereffenaar benoemd, vereffening en ontbinding in één akte” (deed in Dutch)