Achil Millenium Group
ActiveSummary
Achil Millenium Group has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,626 and a net result of -€3,583. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 90% of 5,649 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ACHIL MILLENIUM GROUP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit bestuursorgaan…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“Algemene kosten los van representatie-reis-verplaatsingskosten, algemene vergadering bij absolute meerderheid of enige aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Voor in pand gegeven aandelen komt voorkeurrecht toe aan eigenaar-pandgever, 15” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 09:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie” (deed in Dutch)