BLITZ
ActiveSummary
BLITZ has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290,728 and a net result of -€30,163. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 95% of 22,479 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€301,041total assets 2025
- Staff
- 1 FTE
- Equity
- €290,728
- Loss
- -€30,163
Turnover not published (abbreviated or micro format)
Structure
Accounts 7 days early1 of 4 deeds read
Why 70raises risk1 change of registered office in 24 monthsLoss of €30,163, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 24.34, cash €76,802Equity €290,728 (96.6% of total assets)Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 55% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency
100=
equity 96.6% of total assets
Liquidity
82+14
short-term debt 3.4% · cash 25.5%
Profitability
6-59
return on assets -10.0%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 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 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.2 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity ample (current ratio 24.34, compared with 12.5 in 2024, above the usual 1.5; short-term debt: 3.4% and cash: 25.5% of total assets), and 3.4% 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 (NACE 47, micro): better than 92% on solvency, 86% on liquidity, 15% on profitability and 27% on growth.
The bankruptcy probability was computed on 22-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€30,163
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
9 days early
2023
9 days early
2022
10 days early
2021
9 days early
2020
9 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 22 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end22-10-2026 today31-10-2026 deadline
- Registered office · Purpose · Amendment…Registered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€30,163
Financials · financial year 2025, micro format
Equity
€290,728▼ 9.4%
2024 · €320,891
Total assets
€301,041▼ 12.0%
2024 · €342,069
Net result
-€30,163▼ 213%
2024 · -€9,642
Working capital
€240,753▼ 1.2%
2024 · €243,620
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €31,398 in 2025 against €9,528 in 2024; the loss grows and 2025 has 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.
Operating result-€31,398
2025
Net result-€30,163
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€301,041
2025
Equity€290,728
2025
Debt€10,313
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€240,753
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-10.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency96.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio24.34
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€1,266--€444€9,047-€7,907€131-€9,528-€31,398▼ 230%
Net result-€143--€2,498below the sector's middle half▼ 1,644%€4,136below the sector's middle half-€12,273below the sector's middle half-€675within the sector's middle half▲ 94.5%-€9,642below the sector's middle half▼ 1,329%-€30,163below the sector's middle half▼ 213%
Equity€341,843-€339,345within the sector's middle half▼ 0.7%€343,481within the sector's middle half▲ 1.2%€331,208within the sector's middle half▼ 3.6%€330,534above the sector's middle half▼ 0.2%€320,891above the sector's middle half▼ 2.9%€290,728above the sector's middle half▼ 9.4%
Total assets€564,685-€539,286within the sector's middle half▼ 4.5%€524,020within the sector's middle half▼ 2.8%€423,062below the sector's middle half▼ 19.3%€346,974above the sector's middle half▼ 18.0%€342,069above the sector's middle half▼ 1.4%€301,041within the sector's middle half▼ 12.0%
Debt€222,842-€199,941▼ 10.3%€180,539▼ 9.7%€91,853▼ 49.1%€16,441▼ 82.1%€21,178▲ 28.8%€10,313▼ 51.3%
Working capital€342,123-€284,471within the sector's middle half▼ 16.9%€288,149within the sector's middle half▲ 1.3%€275,058within the sector's middle half▼ 4.5%€261,980above the sector's middle half▼ 4.8%€243,620above the sector's middle half▼ 7.0%€240,753above the sector's middle half▼ 1.2%
Solvency60.5%-62.9%above the sector's middle half▲ 2.4pp65.5%above the sector's middle half▲ 2.6pp78.3%above the sector's middle half▲ 12.7pp95.3%above the sector's middle half▲ 17.0pp93.8%above the sector's middle half▼ 1.5pp96.6%above the sector's middle half▲ 2.8pp
Current ratio2.85-2.62within the sector's middle half▼ 0.222.71within the sector's middle half▲ 0.083.99above the sector's middle half▲ 1.2916.93above the sector's middle half▲ 12.9412.50above the sector's middle half▼ 4.4324.34above the sector's middle half▲ 11.84
Return on assets (ROA)0.0%--0.5%below the sector's middle half▼ 0.4pp0.8%below the sector's middle half▲ 1.3pp-2.9%below the sector's middle half▼ 3.7pp-0.2%within the sector's middle half▲ 2.7pp-2.8%within the sector's middle half▼ 2.6pp-10.0%below the sector's middle half▼ 7.2pp
Staff (FTE)1.2-1below the sector's middle half▼ 16.7%1below the sector's middle half=1below the sector's middle half=1=1=1=
above
within
below
the middle half of NACE 47, Retail trade: 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.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301,041
Fixed assets
€49,975 ▼ 35.3%
Current assets
€251,066 ▼ 5.2%
Equity and liabilities €301,041
Equity
€290,728 ▼ 9.4%
Debt
€10,313 ▼ 51.3%
Debt's share of the balance-sheet total falls from 6.2% to 3.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,536▼
2024 · €19,877
Cash flow
-€1,302▼
2024 · €19,762
Quick ratio
11.01▲
2024 · 4.50
Debt to equity
0.04▼
2024 · 0.07
ROE
-10.4%▼
2024 · -3.0%
Interest coverage
-23.32▼
2024 · over 100
Debt ≤ 1 year
€10,313▼
2024 · €21,178
Income taxes
€354▼
2024 · €360
Staff costs
€72,871▼
2024 · €73,463
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,110 | €17,428 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €52,759 | €62,717 | €73,463 | €72,871 | ▼ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,773 | €19,071 | €21,504 | €22,691 | €25,241 | €29,404 | €28,862 | ▼ 1.8% |
| Other operating charges640/8 | - | - | - | €5,814 | €1,792 | €2,737 | €2,298 | ▼ 16.1% |
| Gross operating margin9900 | €75,405 | €72,569 | €80,775 | €73,357 | €89,881 | €96,077 | €72,632 | ▼ 24.4% |
| Operating profit (loss)9901 | €1,266 | -€444 | €9,047 | -€7,907 | €131 | -€9,528 | -€31,398 | ▼ 230% |
| Financial income75/76B | - | - | - | €90 | €141 | €366 | €1,698 | ▲ 364% |
| Recurring financial income75 | €1,421 | €324 | €74 | €90 | €141 | €366 | €1,698 | ▲ 364% |
| Financial charges65/66B | - | - | - | €1,553 | €824 | €120 | €109 | ▼ 9.2% |
| Recurring financial charges65 | €1,990 | €2,262 | €1,942 | €1,553 | €824 | €120 | €109 | ▼ 9.2% |
| Profit (loss) for the period before taxes9903 | €697 | -€2,382 | €7,179 | -€9,369 | -€552 | -€9,282 | -€29,809 | ▼ 221% |
| Income taxes67/77 | €840 | €116 | €3,043 | €2,904 | €123 | €360 | €354 | ▼ 1.7% |
| Profit (loss) for the period9904 | -€143 | -€2,498 | €4,136 | -€12,273 | -€675 | -€9,642 | -€30,163 | ▼ 213% |
| Transfer from tax-exempt reserves789 | - | - | - | €22,122 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€143 | -€2,498 | €26,258 | €9,849 | -€675 | -€9,642 | -€30,163 | ▼ 213% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €564,685 | €539,286 | €524,020 | €423,062 | €346,974 | €342,069 | €301,041 | ▼ 12.0% |
| Fixed assets21/28 | €37,496 | €79,698 | €67,204 | €56,151 | €68,553 | €77,271 | €49,975 | ▼ 35.3% |
| Tangible fixed assets22/27 | €37,446 | €79,649 | €67,155 | €56,101 | €68,504 | €77,222 | €49,925 | ▼ 35.3% |
| Land and buildings22 | - | - | - | - | €6,932 | €6,199 | - | - |
| Plant, machinery and equipment23 | - | - | - | €26,789 | €28,131 | €17,005 | €11,307 | ▼ 33.5% |
| Furniture and vehicles24 | - | - | - | €29,312 | €33,441 | €54,018 | €33,152 | ▼ 38.6% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €5,465 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €527,189 | €459,587 | €456,816 | €366,911 | €278,421 | €264,798 | €251,066 | ▼ 5.2% |
| Stocks and contracts in progress3 | €415,025 | €355,926 | €369,234 | €194,108 | €181,307 | €169,512 | €137,482 | ▼ 18.9% |
| Stocks30/36 | - | - | - | €194,108 | €181,307 | €169,512 | €137,482 | ▼ 18.9% |
| Amounts receivable within one year40/41 | €9,483 | €1,243 | €14,264 | €9,838 | €9,453 | €21,750 | €23,677 | ▲ 8.9% |
| Trade receivables40 | - | - | - | €9,742 | €9,453 | €21,241 | €8,892 | ▼ 58.1% |
| Other amounts receivable41 | - | - | - | €96 | - | €509 | €14,785 | ▲ 2,802% |
| Current investments50/53 | €75,134 | - | - | - | - | €20,000 | €10,000 | ▼ 50.0% |
| Cash at bank and in hand54/58 | €20,689 | €95,246 | €71,250 | €155,843 | €82,824 | €48,546 | €76,802 | ▲ 58.2% |
| Deferred charges and accrued income490/1 | - | - | - | €7,122 | €4,836 | €4,989 | €3,105 | ▼ 37.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €564,685 | €539,286 | €524,020 | €423,062 | €346,974 | €342,069 | €301,041 | ▼ 12.0% |
| Equity10/15 | €341,843 | €339,345 | €343,481 | €331,208 | €330,534 | €320,891 | €290,728 | ▼ 9.4% |
| Contributions10/11 | €221,100 | €221,100 | - | €221,100 | €221,100 | €221,100 | €221,100 | = |
| Reserves13 | €119,735 | €119,735 | €97,613 | €75,492 | €75,492 | €75,492 | €75,492 | = |
| Non-distributable reserves130/1 | - | - | - | €3,190 | €3,190 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,190 | €3,190 | - | - | - |
| Distributable reserves133 | - | - | - | €72,302 | €72,302 | €75,492 | €75,492 | = |
| Profit (loss) carried forward14 | €1,008 | -€1,490 | €24,768 | €34,616 | €33,942 | €24,299 | -€5,864 | - |
| Amounts payable17/49 | €222,842 | €199,941 | €180,539 | €91,853 | €16,441 | €21,178 | €10,313 | ▼ 51.3% |
| Amounts payable after more than one year17 | €37,776 | €24,824 | €11,872 | - | - | - | - | - |
| Amounts payable within one year42/48 | €185,066 | €175,117 | €168,667 | €91,853 | €16,441 | €21,178 | €10,313 | ▼ 51.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,872 | - | - | - | - |
| Financial debts43 | - | - | - | €60,000 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €60,000 | - | - | - | - |
| Trade debts44 | €17,367 | €5,958 | €14,426 | €12,120 | €10,041 | €14,282 | €6,872 | ▼ 51.9% |
| Suppliers440/4 | - | - | - | €12,120 | €10,041 | €14,282 | €6,872 | ▼ 51.9% |
| Taxes, remuneration and social security45 | - | - | - | €6,168 | €4,749 | €4,801 | €3,441 | ▼ 28.3% |
| Taxes450/3 | - | - | - | €6,168 | €4,749 | €4,801 | €3,441 | ▼ 28.3% |
| Other amounts payable47/48 | - | - | - | €1,694 | €1,650 | €2,095 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€143 | -€2,498 | €4,136 | -€12,273 | -€675 | -€9,642 | -€30,163 | ▼ 213% |
| + Depreciation and write-downs630 | €19,773 | €19,071 | €21,504 | €22,691 | €25,241 | €29,404 | €28,862 | ▼ 1.8% |
| Operating cash flow (approximation) | €19,630 | €16,572 | €25,640 | €10,418 | €24,566 | €19,762 | -€1,302 | - |
| Investment in fixed assets (approximation) | - | -€61,273 | -€9,010 | -€11,637 | -€37,644 | -€38,122 | -€1,565 | ▲ 95.9% |
| Change in cash | - | €74,557 | -€23,996 | €84,593 | -€73,018 | -€34,278 | €28,256 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 24-10-2025 | 2025-00550256 |
| 31-03-2024 | micro format | 22-10-2024 | 2024-00511426 |
| 31-03-2023 | micro format | 22-10-2023 | 2023-00489777 |
| 31-03-2022 | abbreviated format | 21-10-2022 | 2022-20469227 |
| 31-03-2021 | abbreviated format | 22-10-2021 | 2021-72600586 |
| 31-03-2020 | abbreviated format | 22-10-2020 | 2020-62900252 |
| 31-03-2019 | abbreviated format | 22-10-2019 | 2019-70900495 |
| 31-03-2018 | abbreviated format | 28-10-2018 | 2018-70600400 |
| 31-03-2017 | abbreviated format | 27-09-2017 | 2017-64500205 |
| 31-03-2016 | abbreviated format | 27-09-2016 | 2016-63100465 |
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Of the 10,458 active companies whose main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811), figures are known for 5,229. 3,659 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €4,000 awarded · €4,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €2,000 | €2,000 |
| 2022 | 1 | €2,000 | €2,000 |
Schemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
08-01
Gazette deed
Registered office · Purpose · Amendment of the articlesRegistered-office move4 facts ▸
Gazette deed
Registered office · Purpose · Amendment of the articles
Registered-office move4 facts ▸
- General meeting, 22-12-2025
- Other provision, “kennisname verslag bestuursorgaan, ondernemingsdossier” (deed in Dutch)
- Amendment of the articles, 3
- Registered-office move
2025
24-10
NBB filing
Annual accounts filed
financial year 2025 · micro format
31-03
Financial
Weakest financial yearnet -€30,163
Net result drops to -€30,163, the lowest in the series.
2024
22-10
NBB filing
Annual accounts filed
financial year 2024 · micro format
2023
22-10
NBB filing
Annual accounts filed
financial year 2023 · micro format
31-03
Financial
Liquidity more than quadruplescurrent ratio 16.93
Current ratio from 3.99 to 16.93; short-term debt falls from €91,853 to €16,441.
2022
21-10
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2021
22-10
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
31-03
Financial
Back to profitnet €4,136
Net result €4,136 after 2 loss-making years.
2020
22-10
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2019
22-10
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2018
28-10
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2017
27-09
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2016
27-09
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 29 annual accounts filed, the latest 10 are here; all 29 are under Financials.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded29-03-1996
Financial year end31-03
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46713Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457588293
Also
9925:BE0457588293
Registered
07-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 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, Brugge · 1 establishment unit since 1996
Ground area
2,989 m²
Building footprint
234 m²
Building volume
943 m³
Parcel 31302A0470/00C000, Flanders · tallest building 6.5 m. Linked by address, not a title deed.
1 establishment unit
BLITZ
since 1996unit no. 2.076.550.264
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31302A0470/00C000 | Flanders | 2,989 m² | 1 · 234 m² | 6.5 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “Verwezenlijking ervan te bevorderen of te vergemakkelijken” (deed in Dutch)
Read from the deeds: 1 provision, deed of 08-01-2026