BRAINSTORM PROJECTS
ActiveSummary
BRAINSTORM PROJECTS has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,888) and a net result of €5,760. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 5% of 2,440 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (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.
- BRAINSTORM PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Kan niet in eigen naam noch als vaste vertegenwoordiger van andere rechtspersoon-bestuurder zetelen, algemene vergadering die benoemt…” (deed in Dutch)“Artikel 2:55 WVV, niet in eigen naam noch als vaste vertegenwoordiger van andere rechtspersoon-bestuurder zetelen” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten, los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)“Individueel optreden, dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en helft ten laste koper(s), nietigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en sluiting vereffening in een akte, voorwaarden Wetboek Vennootschappen en verenigingen” (deed in Dutch)“Om welke reden en op welk ogenblik ook, vereffenaars bij ontbinding” (deed in Dutch)