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ALPI CONSTRUCT

Active
Public limited companyfounded 1991active for 35 yearsNinoofse Steenweg 575, 1070 Anderlecht, BelgiumKBO/BCE: BE 0442.859.141
Summary

ALPI CONSTRUCT has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491,177 and a net result of €37,179. Equity remains stable across the filed financial years (±1.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“D’effectuer toutes opérations immobilières et notamment, l’achat, la vente, la transformation, la valorisation et…” (deed in French)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€687,870total assets 2025
Equity
€491,177
Profit
€37,179
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
1
2025 accounts 24 days early1 of 7 deeds summarised
Why 94raises riskLiquidity: current ratio 0.10, cash €11,495lowers riskSize: total assets €687,870Equity €491,177 (71.4% of total assets)Figures for financial year 2025 (filed 07-07-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 96+4
equity 71.4% of total assets
Liquidity 48-2
short-term debt 16.8% · cash 1.7%
Profitability 76+20
return on assets 5.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.1, compared with 0.02 in 2024, below 1; short-term debt: 16.8% and cash: 1.7% of total assets), and 28.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 60% on solvency, 30% on liquidity, 58% on profitability and 65% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €687,870
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €491,177 (71.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.10, cash €11,495
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 07-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €491,177
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
65 days early
2023
68 days early
2022
48 days early
2021
87 days early
2020
89 days early
2019
72 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €37,179 ▲48.2%
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37,179▲ 48.2%
2024 · €25,092
Working capital
-€103,726▼ 45.0%
2024 · -€71,520
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 26% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€65,080 2025 Net result€37,179 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€23,884-€19,406▼ 18.7%€20,110▲ 3.6%€19,941▼ 0.8%€14,054▼ 29.5%€25,289▲ 79.9%€51,667▲ 104%€65,080▲ 26.0%
Net result€2,777-€845▼ 69.6%€4,926▲ 483%€4,336▼ 12.0%€1,735▼ 60.0%€8,535▲ 392%€25,092▲ 194%€37,179▲ 48.2%
Equity€408,529-€409,374▲ 0.2%€414,300▲ 1.2%€418,636▲ 1.0%€420,371▲ 0.4%€428,906▲ 2.0%€453,998▲ 5.9%€491,177▲ 8.2%
Total assets€812,057-€778,555▼ 4.1%€749,882▼ 3.7%€727,781▼ 2.9%€696,319▼ 4.3%€689,292▼ 1.0%€681,767▼ 1.1%€687,870▲ 0.9%
Debt€403,528-€369,182▼ 8.5%€335,582▼ 9.1%€309,144▼ 7.9%€275,948▼ 10.7%€260,386▼ 5.6%€227,769▼ 12.5%€196,693▼ 13.6%
Working capital-€18,679--€14,572▲ 22.0%-€14,858▼ 2.0%€2,425-€7,453-€48,921▼ 556%-€71,520▼ 46.2%-€103,726▼ 45.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €687,870
Fixed assets €676,375 ▼ 0.6%
Current assets €11,495 ▲ 670%
Equity and liabilities €687,870
Equity €491,177 ▲ 8.2%
Debt €196,693 ▼ 13.6%
Debt's share of the balance-sheet total falls from 33.4% to 28.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,979▲
2024 · €57,478
Cash flow
€41,079▲
2024 · €30,903
Current ratio
0.10▲
2024 · 0.02
Debt to equity
0.40▼
2024 · 0.50
ROE
7.6%▲
2024 · 5.5%
ROA
5.4%▲
2024 · 3.7%
Interest coverage
7.69▲
2024 · 3.86
Debt ≤ 1 year
€115,221▲
2024 · €73,012
Debt > 1 year
€81,472▼
2024 · €154,757
Income taxes
€18,926▲
2024 · €11,701
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€681,767€687,870▲
Fixed assets21/28€680,274€676,375▼
Tangible fixed assets22/27€160,274€156,375▼
Land and buildings22€160,274€156,375▼
Financial fixed assets28€520,000€520,000=
Current assets29/58€1,493€11,495▲
Cash at bank and in hand54/58€1,493€11,495▲
Equity and liabilities
Total equity and liabilities10/49€681,767€687,870▲
Equity10/15€453,998€491,177▲
Contributions10/11€246,753€246,753=
Capital10€246,753€246,753=
Issued capital100€246,753€246,753=
Reserves13€207,245€244,424▲
Non-distributable reserves130/1€24,675€24,675=
Legal reserve130€24,675€24,675=
Distributable reserves133€182,570€219,749▲
Amounts payable17/49€227,769€196,693▼
Amounts payable after more than one year17€154,757€81,472▼
Financial debts170/4€5,157€81,472▲
Other amounts payable178/9€149,600-
Amounts payable within one year42/48€73,012€115,221▲
Current portion of amounts payable after more than one year42€8,502€23,685▲
Financial debts43€52,810€60,910▲
Other loans439€52,810€60,910▲
Trade debts44-€12,526
Suppliers440/4-€12,526
Taxes, remuneration and social security45€11,700€18,100▲
Taxes450/3€11,700€18,100▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,810€3,899▼
Other operating charges640/8€4,577€4,722▲
Gross operating margin9900€62,055€73,701▲
Operating profit (loss)9901€51,667€65,080▲
Financial charges65/66B€14,874€8,974▼
Recurring financial charges65€14,874€8,974▼
Profit (loss) for the period before taxes9903€36,793€56,105▲
Income taxes67/77€11,701€18,926▲
Profit (loss) for the period9904€25,092€37,179▲
Profit (loss) for the period to be appropriated9905€25,092€37,179▲
Appropriation of the result
Profit (loss) to be appropriated9906€25,092€37,179▲
Transfer to equity691/2€25,092€37,179▲
To other reserves6921€25,092€37,179▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,762€36,762€36,762€37,946€39,020€4,920€5,810€3,899▼ 32.9%
Other operating charges640/8---€3,443€3,527€4,399€4,577€4,722▲ 3.2%
Gross operating margin9900€63,756€59,342€60,092€61,330€56,601€34,608€62,055€73,701▲ 18.8%
Operating profit (loss)9901€23,884€19,406€20,110€19,941€14,054€25,289€51,667€65,080▲ 26.0%
Financial income75/76B-----€1,872---
Recurring financial income75€432-€2,939--€1,872---
Financial charges65/66B---€15,334€11,090€13,351€14,874€8,974▼ 39.7%
Recurring financial charges65€19,538€18,261€16,765€15,334€11,090€13,351€14,874€8,974▼ 39.7%
Profit (loss) for the period before taxes9903€4,777€1,145€6,284€4,607€2,964€13,811€36,793€56,105▲ 52.5%
Income taxes67/77€2,000€300€1,358€271€1,230€5,276€11,701€18,926▲ 61.8%
Profit (loss) for the period9904€2,777€845€4,926€4,336€1,735€8,535€25,092€37,179▲ 48.2%
Profit (loss) for the period to be appropriated9905€2,777€845€4,926€4,336€1,735€8,535€25,092€37,179▲ 48.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€812,057€778,555€749,882€727,781€696,319€689,292€681,767€687,870▲ 0.9%
Fixed assets21/28€811,654€774,893€747,605€709,659€677,424€686,085€680,274€676,375▼ 0.6%
Tangible fixed assets22/27€291,654€254,893€227,605€189,659€157,424€166,085€160,274€156,375▼ 2.4%
Land and buildings22---€189,659€157,424€166,085€160,274€156,375▼ 2.4%
Financial fixed assets28€520,000€520,000€520,000€520,000€520,000€520,000€520,000€520,000=
Current assets29/58€403€3,663€2,277€18,122€18,895€3,207€1,493€11,495▲ 670%
Amounts receivable within one year40/41-€1,700-------
Cash at bank and in hand54/58€403€1,963€2,277€18,122€18,895€3,207€1,493€11,495▲ 670%
Equity and liabilities
Total equity and liabilities10/49€812,057€778,555€749,882€727,781€696,319€689,292€681,767€687,870▲ 0.9%
Equity10/15€408,529€409,374€414,300€418,636€420,371€428,906€453,998€491,177▲ 8.2%
Contributions10/11€246,753€246,753€246,753€246,753€246,753€246,753€246,753€246,753=
Capital10---€246,753€246,753€246,753€246,753€246,753=
Issued capital100---€246,753€246,753€246,753€246,753€246,753=
Reserves13€161,776€162,621€167,547€171,883€173,618€182,152€207,245€244,424▲ 17.9%
Non-distributable reserves130/1---€24,675€24,675€24,675€24,675€24,675=
Legal reserve130---€24,675€24,675€24,675€24,675€24,675=
Distributable reserves133---€147,208€148,943€157,477€182,570€219,749▲ 20.4%
Amounts payable17/49€403,528€369,182€335,582€309,144€275,948€260,386€227,769€196,693▼ 13.6%
Amounts payable after more than one year17€378,447€350,947€318,447€293,447€249,600€208,258€154,757€81,472▼ 47.4%
Financial debts170/4-----€13,658€5,157€81,472▲ 16×
Other amounts payable178/9---€293,447€249,600€194,600€149,600--
Amounts payable within one year42/48€19,081€18,235€17,135€15,697€26,348€52,128€73,012€115,221▲ 57.8%
Current portion of amounts payable after more than one year42-----€8,089€8,502€23,685▲ 179%
Financial debts43---€15,297€26,348€39,008€52,810€60,910▲ 15.3%
Other loans439---€15,297€26,348€39,008€52,810€60,910▲ 15.3%
Trade debts44-----€545-€12,526-
Suppliers440/4-----€545-€12,526-
Taxes, remuneration and social security45---€400-€4,485€11,700€18,100▲ 54.7%
Taxes450/3---€400-€4,485€11,700€18,100▲ 54.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€2,777€845€4,926€4,336€1,735€8,535€25,092€37,179▲ 48.2%
+ Depreciation and write-downs630€36,762€36,762€36,762€37,946€39,020€4,920€5,810€3,899▼ 32.9%
Operating cash flow (approximation)€39,539€37,607€41,688€42,282€40,755€13,454€30,903€41,079▲ 32.9%
Investment in fixed assets (approximation)-€0-€9,474€0-€6,786-€13,580€0€0-
Change in cash-€1,560€314€15,845€773-€15,688-€1,715€10,003-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 07-07-2026 2026-00261889
31-12-2024 full format 27-05-2025 2025-00107195
31-12-2023 full format 24-05-2024 2024-00095056
31-12-2022 abbreviated format 13-06-2023 2023-00122196
31-12-2021 abbreviated format 05-05-2022 2022-20022305
31-12-2020 abbreviated format 03-05-2021 2021-13100185
31-12-2019 full format 20-05-2020 2020-12700203
31-12-2018 full format 30-07-2019 2019-41000434
31-12-2017 full format 11-07-2018 2018-32300114
31-12-2016 full format 04-07-2017 2017-27600274

Show all 35 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification
This board is reconstructed from a single act (23367022). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Alain,Freddy,Jacques DENIS
Director (not named in the articles)
Current
Jean-Pierre,Joseph,Roger DENIS
Director (not named in the articles)
Current
Pierre,Mario DENIS
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alain,Freddy,Jacques DENIS
  • Director (not named in the articles), since before 05-07-2023
Jean-Pierre,Joseph,Roger DENIS
  • Director (not named in the articles), since before 05-07-2023
Pierre,Mario DENIS
  • Director (not named in the articles), since before 05-07-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 05-07-2023 Capital stated in the deed · €246,753.20 · 76 shares

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of ALPI CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 22 January 1991, ALPI CONSTRUCT was incorporated.1 Total assets went from €812,057 in 2018 to €687,870 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Highest result from 2018 to 2025net €37,179 ▲48.2%
Operating result €65,080, net result €37,179, both a record.
27-05
NBB filing Annual accounts filed
financial year 2024 · full format
2024
24-05
NBB filing Annual accounts filed
financial year 2023 · full format
2023
05-07
Gazette deed Reappointments: Jean-Pierre,Joseph,Roger DENIS, Pierre,Mario DENIS and Alain,Freddy,Jacques DENIS
Amendment of the articles · Capital · Kind of shares7 facts ▸
  • General meeting, 29-06-2023
  • Amendment of the articles (2 times)
  • Capital, €246,753.20
  • Kind of shares, 2
  • Director reappointment, Jean-Pierre,Joseph,Roger DENIS (director (not named in the articles))
  • Director reappointment, Pierre,Mario DENIS (director (not named in the articles))
  • Director reappointment, Alain,Freddy,Jacques DENIS (director (not named in the articles))
13-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
05-05
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Liquidity more than 8 timescurrent ratio 1.15
Current ratio from 0.13 to 1.15; short-term debt falls from €17,135 to €15,697.
03-05
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
20-05
NBB filing Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial Weakest financial yearnet €845 ▼69.6%
Net result drops to €845, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
11-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
04-07
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
1 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded22-01-1991
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
156 m²
Building footprint
290 m²
Building volume
3,168 m³
Parcel 21302A0015/00F007, Brussels · tallest building 18.4 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Ninoofse Steenweg 575, 1070 Anderlecht
Renting and operating of own or leased residential real estate, excluding social housing
since 1991unit no. 2.051.459.829
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21302A0015/00F007 Brussels 156 m² 1 · 290 m² 18.4 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“D’effectuer toutes opérations immobilières et notamment, l’achat, la vente, la transformation, la valorisation et l’équipement de tous biens…” (deed in French)
3 activities (deed in French)
  1. D’effectuer toutes opérations immobilières et notamment, l’achat, la vente, la transformation, la valorisation et l’équipement de tous biens immobiliers, la construction pour son compte ou pour le compte de tiers en tant que maître de l’ouvrage ou entrepreneur général, la promotion, la location et le courtage
  2. De réaliser toutes opérations financières et, notamment, la prise d’intérêts dans toutes sociétés, le prêt à court ou long terme
  3. De prester tous services en rapport direct ou indirect avec l’immobilier

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ALPI CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Établir ou supprimer des sièges administratifs, agences, ateliers, dépôts et succursales tant en Belgique qu’à l’étranger par simple…” (deed in French)

deed of 05-07-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“7, 3” (deed in French)
“Si et dans quelle mesure mandat rémunéré par indemnité fixe ou variable, rémunération des administrateurs” (deed in French)

deed of 05-07-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
“Aux dates et conditions qu’il fixera, autorisation à l’organe d’administration d’augmenter le capital social” (deed in French)

deed of 05-07-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Wednesday of April at 18:00

deed of 05-07-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque raison que ce soit et à n'importe quel moment, organe d'administration en fonction comme collège de liquidateurs” (deed in French)
“Toutes opérations prévues par la loi, assemblée générale à majorité des voix” (deed in French)
1 more provision on this in the deed

deed of 05-07-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Augmentation de capital, émission d’obligations convertibles ou de droits de souscription, droit de préférence en cas de souscription en…” (deed in French)
Other provision: “Engagement de libérer entièrement inconditionnel et indivisible nonobstant toute disposition contraire, appels de fonds” (deed in French)
Other provision: “Pouvoirs du conseil d'administration, accomplir tous les actes nécessaires ou utiles à la réalisation de l'objet” (deed in French)
Other provision: “Gestion journalière, délégation de la gestion journalière et de la représentation pour cette gestion à un ou plusieurs membres du conseil” (deed in French)
Other provision: “Lorsque la loi l'exige contrôle de la situation financière,des comptes annuels et de la régularité confié à un ou plusieurs commissaires…” (deed in French)
Other provision: “Décisions obligatoires pour tous même absents ou dissidents, assemblée générale composition et pouvoirs” (deed in French)
Other provision: “Tout propriétaire de titres peut se faire représenter par mandataire à condition que les formalités d'admission soient accomplies…” (deed in French)
Other provision: “Avant d'entrer en séance liste indiquant nom des actionnaires,nombre de titres et procurations le cas échéant, liste de présences” (deed in French)
Other provision: “Notifié au plus tard cinq jours ouvrables avant l'assemblée à l'organe à l'adresse e-mail indiquée par le conseil, vote par correspondance” (deed in French)
Other provision: “Bureau de l'assemblée, président du conseil ou en son absence administrateur délégué ou en son absence plus âgé des administrateurs” (deed in French)
Other provision: “Ne peut délibérer sur points non à l'ordre du jour, délibération de l'assemblée générale” (deed in French)
Other provision: “Droit de vote, quel que soit le nombre de titres représentés” (deed in French)
Other provision: “Toute assemblée annuelle,extraordinaire ou spéciale, prorogation de l'assemblée générale” (deed in French)
Other provision: “Procès-verbaux de l'assemblée générale, registre spécial tenu au siège social” (deed in French)
Other provision: “Affectation des bénéfices, assemblée annuelle à majorité des voix” (deed in French)
Other provision: “Élection de domicile, communications,sommations,assignations,significations valablement faites” (deed in French)
Other provision: “Application du Code des sociétés et des associations, réputées inscrites” (deed in French)
14 more provisions in the deed, see the deed of 05-07-2023

deed of 05-07-2023