AELTERMAN
ActiveSummary
AELTERMAN has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.6m and a net result of €2.7m. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 44% of 828 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aankoop, verkoop, vervaardiging, herstelling, bewerking, bekleding, vervoer, plaatsing, demontage of sloping van alle soorten constructies…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Aankoop, verkoop, vervaardiging, herstelling, bewerking, bekleding, vervoer, plaatsing, demontage of sloping van alle soorten constructies in alle materialen, in binnen- of buitenland; alsook het ontwerp, het uitwerken, de stabiliteitscontrole, het opmaken van de plannen en de technische, organisatorische en administratieve leiding van projecten of realisaties in binnen- en buitenland.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AELTERMAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “EXTERNE VERTEGENWOORDIGINGSMACHT: Onverminderd de algemene vertegenwoordigingsmacht van de raad van bestuur als college wordt de…”deed of 23-11-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, bij twee of meer bestuurders vormen zij een college” (deed in Dutch)deed of 23-11-2023
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- 11 provisions in the deeddeed of 24-02-2026
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of May at 14:30
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Enige vereffenaar of elke vereffenaar individueel handelend zo er meerdere zijn,in beginsel bevoegd voor alle handelingen nodig of dienstig…” (deed in Dutch)