Brightspace
ActiveSummary
Brightspace has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€108,309) and a net result of €5,871. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 5% of 39,102 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Zetel - Website en mededelingen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bijzondere volmachten Het bestuursorgaan kan bevoegdheden delegeren aan de personen van zijn keuze. Alleen bijzondere en beperkte volmachten…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, raad van bestuur” (deed in Dutch)“Algemene vergadering, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alleen van toepassing bij natuurlijke personen, eigen vermogen zoals blijkt uit de laatste door de aandeelhouders goedgekeurde jaarrekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer, benoeming van vereffenaars” (deed in Dutch)“Alle handelingen nodig of dienstig voor vereffening zoals nader voorzien bij artikelen 2:87 tot 2:104 WVV, bevoegdheden van de vereffenaars” (deed in Dutch)“Verrichtingen van de vereffening, handelen overeenkomstig artikelen 2:89 tot en met 2:93 WVV” (deed in Dutch)