AND CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of AND CONSTRUCT is 7.4% (elevated). The 2026 annual accounts show equity of €33,703 and a net result of -€7,109. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 33% of 622 sector peers (NACE 43, financial year 2026). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €33,703
- Loss
- -€7,109
Why 33raises risk2 changes of registered office in 24 monthsFounded in 2023Liquidity: current ratio 0.83, cash €471lowers riskFigures for financial year 2026 (filed 08-10-2026)Show the evidence
Checked score
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 43, micro): better than 39% on solvency, 10% on liquidity, 18% on profitability and 19% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 3 accounts on average 24 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Registered officeRegistered-office move · Amendment of…
- Weakest financial yearnet -€7,109
Financials · financial year 2026, micro format
Source amounts without an identifiable currency are assumed to be EUR.
2024 to 2026, 3 financial years
The operating result falls in 2026; 2026 is 99% below 2025 and is the lowest 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,145 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,145 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,710 | €10,650 | €18,837 | ▲ 76.9% |
| Other operating charges640/8 | €1,190 | €1,509 | €3,523 | ▲ 134% |
| Gross operating margin9900 | €15,240 | €63,745 | €23,062 | ▼ 63.8% |
| Operating profit (loss)9901 | €8,340 | €51,586 | €701 | ▼ 98.6% |
| Financial income75/76B | €100 | €105 | €123 | ▲ 16.8% |
| Recurring financial income75 | €100 | €105 | €123 | ▲ 16.8% |
| Financial charges65/66B | €203 | €2,304 | €6,051 | ▲ 163% |
| Recurring financial charges65 | €203 | €2,304 | €6,051 | ▲ 163% |
| Profit (loss) for the period before taxes9903 | €8,238 | €49,387 | -€5,227 | - |
| Income taxes67/77 | €3,422 | €18,391 | €1,882 | ▼ 89.8% |
| Profit (loss) for the period9904 | €4,816 | €30,996 | -€7,109 | - |
| Profit (loss) for the period to be appropriated9905 | €4,816 | €30,996 | -€7,109 | - |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €37,570 | €96,214 | €92,452 | ▼ 3.9% |
| Fixed assets21/28 | €11,743 | €56,497 | €43,881 | ▼ 22.3% |
| Tangible fixed assets22/27 | €11,743 | €56,497 | €43,881 | ▼ 22.3% |
| Plant, machinery and equipment23 | €916 | €710 | €4,445 | ▲ 526% |
| Furniture and vehicles24 | €10,827 | €55,787 | €39,436 | ▼ 29.3% |
| Current assets29/58 | €25,826 | €39,717 | €48,571 | ▲ 22.3% |
| Stocks and contracts in progress3 | - | - | €3,429 | - |
| Stocks30/36 | - | - | €3,429 | - |
| Amounts receivable within one year40/41 | €25,599 | €33,681 | €29,794 | ▼ 11.5% |
| Trade receivables40 | €21,014 | €21,417 | €17,301 | ▼ 19.2% |
| Other amounts receivable41 | €4,585 | €12,264 | €12,493 | ▲ 1.9% |
| Cash at bank and in hand54/58 | - | €628 | €471 | ▼ 25.0% |
| Deferred charges and accrued income490/1 | €228 | €5,408 | €14,876 | ▲ 175% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €37,570 | €96,214 | €92,452 | ▼ 3.9% |
| Equity10/15 | €9,816 | €40,812 | €33,703 | ▼ 17.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €4,816 | €35,812 | €30,996 | ▼ 13.4% |
| Distributable reserves133 | €4,816 | €35,812 | €30,996 | ▼ 13.4% |
| Profit (loss) carried forward14 | - | - | -€2,293 | - |
| Amounts payable17/49 | €27,754 | €55,402 | €58,749 | ▲ 6.0% |
| Amounts payable within one year42/48 | €27,754 | €55,402 | €58,749 | ▲ 6.0% |
| Financial debts43 | €351 | - | - | - |
| Credit institutions430/8 | €351 | - | - | - |
| Trade debts44 | €908 | €20,467 | €15,590 | ▼ 23.8% |
| Suppliers440/4 | €908 | €20,467 | €15,590 | ▼ 23.8% |
| Taxes, remuneration and social security45 | €25,032 | €32,791 | €28,479 | ▼ 13.1% |
| Taxes450/3 | €3,422 | €18,391 | €15,879 | ▼ 13.7% |
| Remuneration and social security454/9 | €21,610 | €14,400 | €12,600 | ▼ 12.5% |
| Other amounts payable47/48 | €1,463 | €2,144 | €14,680 | ▲ 585% |
| Line | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,816 | €30,996 | -€7,109 | - |
| + Depreciation and write-downs630 | €5,710 | €10,650 | €18,837 | ▲ 76.9% |
| Operating cash flow (approximation) | €10,526 | €41,647 | €11,728 | ▼ 71.8% |
| Investment in fixed assets (approximation) | - | -€55,404 | -€6,222 | ▲ 88.8% |
| Change in cash | - | - | -€157 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 08-10-2026 | 2026-00551154 |
| 31-03-2025 | micro format | 13-10-2025 | 2025-00540238 |
| 31-03-2024 | micro format | 30-09-2024 | 2024-00488255 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ASTAKHOV Andrii Sergiyovytch |
|
| EMRE Mariia |
|
Owners and capital
Capital and shareholders
- EMRE Mariia 20 shares
- ASTAKHOV Andrii 40 shares
- DANELIUK Anatolii 5 shares
- SHANDRO Mykola 5 shares
- TYMOFIICHUK Mykola 5 shares
- DANELIUK Vitalii 5 shares
- PETREIKO Ivan 5 shares
- STEFANIUC Vasile 5 shares
- BOICHUK Valentyn 5 shares
- HESHKO Yurii 5 shares
- HESHKO Yurii to EMRE Mariia 5 shares
- EMRE Mariia 20 shares
- ASTAKHOV Andrii 40 shares
- DANELIUK Anatolii 5 shares
- SHANDRO Mykola 5 shares
- TYMOFIICHUK Mykola 5 shares
- TYMOFIICHUK Vasyl 5 shares
- DANELIUK Vitalii 5 shares
- PETREIKO Ivan 5 shares
- STEFANIUC Vasile 5 shares
- BOICHUK Valentyn 5 shares
- Heshko Yurii 5 shares
- EMRE Mariia to Heshko Yurii 5 shares
- TYMOFIICHUK Vasyl to EMRE Mariia 5 shares
- EMRE Mariia 25 shares
- ASTAKHOV Andrii 68 shares
- DANELIUK Anatolii 1 share
- SHANDRO Mykola 1 share
- TYMOFIICHUK Mykola 1 share
- TYMOFIICHUK Vasyl 1 share
- DANELIUK Vitalii 1 share
- PETREIKO Ivan 1 share
- STEFANIUC Vasile 1 share
- Boichuk Valentyn 5 shares
- EMRE Mariia to Boichuk Valentyn
- ASTAKHOV Andrii to DANELIUK Anatolii
- ASTAKHOV Andrii to TYMOFIICHUK Mykola
- ASTAKHOV Andrii to PETREIKO Ivan
- ASTAKHOV Andrii to STEFANIUC Vasile
- ASTAKHOV Andrii to DANELIUK Vitalii
Show 5 older mentions
- EMRE Mariia 25 shares
- ASTAKHOV Andrii 68 shares
- DANELIUK Anatolii 1 share
- SHANDRO Mykola 1 share
- TYMOFIICHUK Mykola 1 share
- TYMOFIICHUK Vasyl 1 share
- PETREIKO Ivan 1 share
- STEFANIUC Vasile 1 share
- DANELIUK Vitalii 1 share
- BOICHUK Valentyn to ASTAKHOV Andrii 1 share
- ASTAKHOV Andrii to DANELIUK Vitalii 1 share
- Emre Mariia 25 shares
- Astakhov Andrii 68 shares
- DANELIUK Anatolii 1 share
- SHANDRO Mykola 1 share
- TYMOFICIICHUK Mykola 1 share
- TYMOFIICHUK Vasyl 1 share
- Semchuk Vasyl
- Boichuk Valentyn 1 share
- PETREIKO Ivan 1 share
- Stefaniuc Vasile 1 share
- Semchuk Vasyl to Astakhov Andrii
- SEMCHUK Vasyl werkende vennoot · 1 share
- Boichuk Valentyn werkende vennoot · 1 share
- PETREIKO Ivan werkende vennoot · 1 share
- Stefaniuc Vasile werkende vennoot · 1 share
- EMRE Mariia 25 shares
- ASTAKHOV Andrii 67 shares
- DANELIUK Anatolii 1 share
- SHANDRO Mykola 1 share
- TYMOFICIICHUK Mykola 1 share
- TYMOFIICHUK Vasyl 1 share
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-04
Gazette deed
Registered officeRegistered-office move · Amendment of the articles3 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Registered-office move, 1435 Mont-Saint-Guibert, Rue Warichet 25
- Amendment of the articles
19-05
Gazette deed
Capital & sharesShareholding · Share transfer6 facts ▸
- General meeting, 31-03-2025
- Shareholding, 31-03-2025, 20
- Shareholding, 31-03-2025, 40
- Shareholding, 31-03-2025, 5 (8 times)
- Share transfer, HESHKO Yurii → EMRE Mariia
- Shareholding, 31-03-2025, 25
30-04
Gazette deed
Capital & sharesShareholding · Share transfer9 facts ▸
- General meeting, 02-01-2025
- Shareholding, 20, 100
- Shareholding, 40, 100
- Shareholding, 5, 100 (8 times)
- Other provision, “aanwezigheid op vergadering, aan te stellen vennoot” (deed in Dutch)
- Share transfer, EMRE Mariia → Heshko Yurii
- Shareholding, 15, 100
- Shareholding, 5 (9 times)
- Share transfer, TYMOFIICHUK Vasyl → EMRE Mariia
24-02
Gazette deed
Capital & sharesShareholding · Share transfer15 facts ▸
- General meeting, 05-10-2024
- Shareholding, 25, 100
- Shareholding, 68, 100
- Shareholding, 1, 100 (7 times)
- Other provision, “aan te stellen vennoot, aan te stellen vennoot aanwezig” (deed in Dutch)
- Share transfer, EMRE Mariia → Boichuk Valentyn
- Shareholding, 20, 100
- Shareholding, 1 (7 times)
- Shareholding, 5 (8 times)
- Share transfer, ASTAKHOV Andrii → DANELIUK Anatolii
- Share transfer, ASTAKHOV Andrii → TYMOFIICHUK Mykola
- Share transfer, ASTAKHOV Andrii → PETREIKO Ivan
- +3 further facts in this act
31-10
Gazette deed
Capital & sharesShare transfer · Shareholding5 facts ▸
- General meeting, 01-10-2024
- Share transfer, BOICHUK Valentyn → ASTAKHOV Andrii
- Share transfer, ASTAKHOV Andrii → DANELIUK Vitalii
- Shareholding, “aandelen”, 01-10-2024 (deed in Dutch) (2 times)
- Shareholding, “aandeel”, 01-10-2024 (deed in Dutch) (7 times)
03-07
Gazette deed
Capital & sharesShare transfer · Shareholding6 facts ▸
- Other provision, “aanwezigheid aandeelhouders, houders van alle aandelen die het volledige maatschappelijk kapitaal vertegenwoordigen” (deed in Dutch)
- Share transfer, Semchuk Vasyl → Astakhov Andrii
- Shareholding, 25, 100
- Shareholding, 68, 100
- Shareholding, 1 (7 times)
- Shareholding, 0
31-10
Gazette deed
Capital & shares · Resignations & appointmentsPartner · Shareholding9 facts ▸
- General meeting, 07-10-2023
- Partner, SEMCHUK Vasyl (werkende vennoot)
- Partner, Boichuk Valentyn (werkende vennoot)
- Partner, PETREIKO Ivan (werkende vennoot)
- Partner, Stefaniuc Vasile (werkende vennoot)
- Other provision, “overdracht van aandelen en aanpassing registers, TWEEDE BESLUIT” (deed in Dutch)
- Shareholding, 07-10-2023, 25
- Shareholding, 07-10-2023, 67
- Shareholding, 07-10-2023, 1 (8 times)
19-04
Gazette deed
Capital & shares · Resignations & appointmentsPartner · Shareholding9 facts ▸
- General meeting, 01-04-2023
- Partner, DANELIUK Anatolii (werkende vennoot)
- Partner, SHANDRO Mykola (werkende vennoot)
- Partner, TYMOFICIICHUK Mykola (werkende vennoot)
- Partner, TYMOFIICHUK Vasyl (werkende vennoot)
- Shareholding, 01-04-2023, 25
- Shareholding, 01-04-2023, 71
- Shareholding, 01-04-2023, 1 (4 times)
- Other provision, “overdracht van aandelen en aanpassing registers” (deed in Dutch)
30-01
Gazette deed
IncorporationAppointments: EMRE Mariia (director) and ASTAKHOV Andrii Sergiyovytch (director) · Founder · Founding capital8 facts ▸
- Incorporation, 25-01-2023
- Founder, EMRE Mariia
- Founder, ASTAKHOV Andrii Sergiyovytch
- Founding capital, €5,000
- Bank account, “ING, bijzondere rekening namens vennootschap in oprichting” (deed in Dutch)
- Share issue, 100, “vergoeding voor inbreng” (deed in Dutch)
- Director appointment, EMRE Mariia (director (not named in the articles))
- Director appointment, ASTAKHOV Andrii Sergiyovytch (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0797.658.813
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25020B0461/00V000 | Wallonia | 669 m² | 1 · 64 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…” (deed in Dutch)
75 activities (deed in Dutch)
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur,de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
- Bouw van individuele huizen volgens de formule "sleutel op de deur"
- Uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden
- Ontwikkeling van residentiële bouwprojecten
- Projectontwikkeling voor kantoorbouw
- Algemene bouwwerkzaamheden
- Algemene coördinatiewerkzaamheden bouwwerf
- Slopen
- Bouwrijp maken van terreinen
- Bouw van appartementen volgens de formule "sleutel op de deur"
- Interieuradvies,in de meest ruime zin en niet beperkend
- Import-export
- Totaal renovatie
- Afwerking van gebouwen
- Schrijnwerken
- Sanitaire werken
- Elektrotechnische installatiewerken aan gebouwen
- Installatie van verwarming,klimaatregeling en ventilatie
- Loodgieterswerk
- Vervaardiging van geassembleerde parketvloeren
- Vervaardiging van metalen constructiewerken en delen daarvan
- Vervaardiging van metalen constructiewerken of gebinten voor de bouw
- Vervaardiging van metalen constructiewerken voor industriële uitrusting (bv. voor hoogovens,hijs- en hefwerktuigen,enz.)
- Smeden van metaal
- Overige bouwinstallatie,n.e.g.
- Vervaardiging en montage van gesmede werkstukken voor de bouw : trapleuningen,borstweringen,enz.
- Vervaardiging van speciale winkelmeubels,toonbanken,vitrines,rekken,enz.,overwegend van andere materialen dan metaal
- Vervaardiging van meubels voor werkplaatsen,kantoormeubels,meubels voor restaurants,scholen,enz. overwegend van andere materialen dan metaal
- Vervaardiging van keukenmeubelen
- Vervaardiging van meubels en modulaire meubelelementen voor inbouwkeukens
- Vervaardiging van badkamermeubels
- Grondverzet : graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Isolatiewerkzaamheden
- Stukadoorswerk
- Installatie van al dan niet verplaatsbare tussenwanden,bekleding van wanden,plafonds,enz. in hout of kunststof
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in hout of kunststof
- Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof
- Montage van serres,veranda's,enz.,in hout of kunststof
- Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enz.,in metaal
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in metaal
- Installatie van geblindeerde deuren en brandwerende deuren in metaal
- Plaatsen van vloer- en wandtegels
- Plaatsen van vloerbedekking en wandbekleding van hout
- Plaatsen in gebouwen en andere bouwwerken van: parket en andere houten vloerbedekking,wandbekleding van hout
- Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
- Glaszetten
- Aanbrengen van glas,spiegels,enz.
- Gevelreiniging
- Alle reinigingswerken
- Algemene reiniging van gebouwen
- Uitvoeren van metselwerk
- Uitvoeren van voegwerken
- Monteren van niet-zelfvervaardigde metalen constructiewerken
- Landschapsverzorging
- Snoeien van bomen en heggen
- Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
- Overige zakelijke dienstverlening,n.e.g.
- Overige persoonlijke diensten
- Alle dakwerken
- Bouwen van daken
- Handelsbemiddeling in goederen,algemeen assortiment
- Manicure / pedicure
- Schoonheidsverzorging
- Haarverzorging
- Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels
- Kleinhandel in sieraden en edelsmeedwerk
- Detailhandel in uurwerken en sieraden in gespecialiseerde winkels
- Detailhandel via postorderbedrijven of via internet
- Detailhandel in allerlei producten via het internet (e-commerce)
- Sauna's,solaria,baden enz.
- Zonnecentra
- Diensten in verband met het lichamelijk welzijn,zoals verleend in inrichtingen voor thalassotherapie,kuuroorden,Turkse baden,sauna's,stoombaden,massagesalons,enz.
- Overige zakelijke dienstverlening,n.e.g.
- Overige persoonlijke diensten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AND CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Wagenweg 3/A,9570 Lierde” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk recht in winstverdeling, gelijk recht in vereffeningsaldo” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of September at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, aanzuivering schulden,lasten,kosten of consignatie nodige…” (deed in Dutch)