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C.N. DIFFUSION

Active Risk: not assessed
Private limited companyfounded 2014active for 11 yearsChemin de Xhénorie 12, 4821 Dison, BelgiumKBO/BCE: BE 0506.909.627
Summary

C.N. DIFFUSION is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €41,974 and a net result of -€19,679. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 23% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€201,024total assets 2025
Equity
€41,974
Loss
-€19,679
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
2025 accounts 44 days early1 of 3 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
20 days early
2023
34 days early
2022
13 days early
2021
17 days early
2020
23 days early
2019
25 days late
← 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 18 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 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 · abbreviated…
  2. Weakest financial yearnet -€19,679
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, abbreviated format

Equity
€41,974▼ 31.9%
2024 · €61,653
Net result
-€19,679▼ 42.8%
2024 · -€13,777
Total assets
€201,024▼ 3.5%
2024 · €208,408
Solvency
20.9%▼ 8.7pp
2024 · 29.6%
Trend over the years

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

The operating result stays negative: a loss of €15,479 in 2025 against €9,062 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-€15,479 2025 Net result-€19,679 2025

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

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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
Line20182019202020212022202320242025
Operating result€24,428-€12,041▼ 50.7%€10,205▼ 15.2%€11,630▲ 14.0%€9,847▼ 15.3%€6,163▼ 37.4%-€9,062-€15,479▼ 70.8%
Net result€7,498-€29▼ 99.6%€187within the sector's middle half▲ 534%€1,928within the sector's middle half▲ 932%€22,311within the sector's middle half▲ 12×€2,186within the sector's middle half▼ 90.2%-€13,777below the sector's middle half-€19,679below the sector's middle half▼ 42.8%
Equity€70,931-€70,961=€71,148below the sector's middle half▲ 0.3%€55,933below the sector's middle half▼ 21.4%€73,244below the sector's middle half▲ 30.9%€75,430below the sector's middle half▲ 3.0%€61,653below the sector's middle half▼ 18.3%€41,974below the sector's middle half▼ 31.9%
Total assets€263,092-€223,004▼ 15.2%€208,134below the sector's middle half▼ 6.7%€207,983below the sector's middle half▼ 0.1%€230,356below the sector's middle half▲ 10.8%€209,370below the sector's middle half▼ 9.1%€208,408below the sector's middle half▼ 0.5%€201,024below the sector's middle half▼ 3.5%
Debt€192,161-€152,043▼ 20.9%€136,986▼ 9.9%€152,050▲ 11.0%€157,112▲ 3.3%€133,940▼ 14.7%€146,755▲ 9.6%€159,050▲ 8.4%
Working capital-€145,016--€142,870▲ 1.5%-€130,806within the sector's middle half▲ 8.4%-€144,549within the sector's middle half▼ 10.5%-€147,141within the sector's middle half▼ 1.8%-€124,996within the sector's middle half▲ 15.0%-€138,197within the sector's middle half▼ 10.6%-€157,300within the sector's middle half▼ 13.8%
Solvency27.0%-31.8%▲ 4.9pp34.2%within the sector's middle half▲ 2.4pp26.9%below the sector's middle half▼ 7.3pp31.8%within the sector's middle half▲ 4.9pp36.0%within the sector's middle half▲ 4.2pp29.6%within the sector's middle half▼ 6.4pp20.9%below the sector's middle half▼ 8.7pp
Current ratio0.15-0.03▼ 0.130.05below the sector's middle half▲ 0.020.05below the sector's middle half=0.06below the sector's middle half▲ 0.010.07below the sector's middle half=0.06below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.05
Return on assets (ROA)2.9%-0.0%▼ 2.8pp0.1%within the sector's middle half▲ 0.1pp0.9%within the sector's middle half▲ 0.8pp9.7%above the sector's middle half▲ 8.8pp1.0%within the sector's middle half▼ 8.6pp-6.6%below the sector's middle half▼ 7.7pp-9.8%below the sector's middle half▼ 3.2pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201,024
Fixed assets €199,274 ▼ 0.3%
Current assets €1,750 ▼ 79.6%
Equity and liabilities €201,024
Equity €41,974 ▼ 31.9%
Debt €159,050 ▲ 8.4%
Debt's share of the balance-sheet total rises from 70.4% to 79.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
-46.9%▼
2024 · -22.3%
Debt ≤ 1 year
€159,050▲
2024 · €146,755
Income taxes
€0▼
2024 · €468
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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€208,408€201,024▼
Fixed assets21/28€199,850€199,274▼
Intangible fixed assets21€1,050€474▼
Financial fixed assets28€198,800€198,800=
Current assets29/58€8,558€1,750▼
Amounts receivable within one year40/41€7,955€838▼
Trade receivables40-€214
Other amounts receivable41€7,955€624▼
Cash at bank and in hand54/58€552€634▲
Deferred charges and accrued income490/1€51€277▲
Equity and liabilities
Total equity and liabilities10/49€208,408€201,024▼
Equity10/15€61,653€41,974▼
Contributions10/11€20,000€20,000=
Reserves13€2,000€2,000=
Distributable reserves133€2,000€2,000=
Profit (loss) carried forward14€39,653€19,974▼
Amounts payable17/49€146,755€159,050▲
Amounts payable within one year42/48€146,755€159,050▲
Trade debts44€6,822€24,812▲
Suppliers440/4€6,822€24,812▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€139,933€134,237▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576€576=
Other operating charges640/8-€128
Gross operating margin9900-€8,486-€14,775▼
Operating profit (loss)9901-€9,062-€15,479▼
Financial charges65/66B€4,247€4,199▼
Recurring financial charges65€4,247€4,199▼
Profit (loss) for the period before taxes9903-€13,309-€19,679▼
Income taxes67/77€468€0▼
Profit (loss) for the period9904-€13,777-€19,679▼
Profit (loss) for the period to be appropriated9905-€13,777-€19,679▼
Appropriation of the result
Profit (loss) to be appropriated9906€39,653€19,974▼
Profit (loss) brought forward from the previous period14P€53,430€39,653▼
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts (11 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€17,802€17,733€16,976€2,912€5,098€576€576€576=
Other operating charges640/8---€74€0--€128-
Gross operating margin9900€42,230€29,774€27,181€14,616€14,945€6,739-€8,486-€14,775▼ 74.1%
Operating profit (loss)9901€24,428€12,041€10,205€11,630€9,847€6,163-€9,062-€15,479▼ 70.8%
Financial income75/76B----€17,081€0---
Recurring financial income75----€17,081€0---
Financial charges65/66B---€3,103€3,988€3,977€4,247€4,199▼ 1.1%
Recurring financial charges65€5,388€5,667€4,741€3,103€3,988€3,977€4,247€4,199▼ 1.1%
Profit (loss) for the period before taxes9903€19,039€6,374€5,464€8,527€22,940€2,186-€13,309-€19,679▼ 47.9%
Income taxes67/77€11,541€6,345€5,277€6,599€629€0€468€0▼ 100%
Profit (loss) for the period9904€7,498€29€187€1,928€22,311€2,186-€13,777-€19,679▼ 42.8%
Profit (loss) for the period to be appropriated9905€7,498€29€187€1,928€22,311€2,186-€13,777-€19,679▼ 42.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€263,092€223,004€208,134€207,983€230,356€209,370€208,408€201,024▼ 3.5%
Fixed assets21/28€236,663€218,930€201,954€200,482€220,385€200,426€199,850€199,274▼ 0.3%
Intangible fixed assets21€10,864€6,984€3,104€1,632€2,202€1,626€1,050€474▼ 54.8%
Tangible fixed assets22/27€26,949€13,096€0-€19,332€0---
Furniture and vehicles24----€19,332€0---
Financial fixed assets28€198,850€198,850€198,850€198,850€198,850€198,800€198,800€198,800=
Current assets29/58€26,429€4,074€6,180€7,501€9,971€8,944€8,558€1,750▼ 79.6%
Amounts receivable within one year40/41€8,272€59€5,634€5,000€7,850€5,757€7,955€838▼ 89.5%
Trade receivables40---€5,000€219€0-€214-
Other amounts receivable41---€0€7,631€5,757€7,955€624▼ 92.2%
Cash at bank and in hand54/58€18,157€2,702€340€1,079€326€3,187€552€634▲ 14.9%
Deferred charges and accrued income490/1---€1,421€1,795€0€51€277▲ 444%
Equity and liabilities
Total equity and liabilities10/49€263,092€223,004€208,134€207,983€230,356€209,370€208,408€201,024▼ 3.5%
Equity10/15€70,931€70,961€71,148€55,933€73,244€75,430€61,653€41,974▼ 31.9%
Contributions10/11€20,000€20,000-€20,000€20,000€20,000€20,000€20,000=
Reserves13€2,000€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1---€2,000€2,000€0---
Reserves not available under the articles1311---€2,000€2,000€0---
Distributable reserves133-----€2,000€2,000€2,000=
Profit (loss) carried forward14€48,931€48,961€49,148€33,933€51,244€53,430€39,653€19,974▼ 49.6%
Amounts payable17/49€192,161€152,043€136,986€152,050€157,112€133,940€146,755€159,050▲ 8.4%
Amounts payable after more than one year17€20,716€5,099€0------
Amounts payable within one year42/48€171,445€146,944€136,986€152,050€157,112€133,940€146,755€159,050▲ 8.4%
Current portion of amounts payable after more than one year42---€0-----
Trade debts44€26,633€64,735€62,964€63,117€12,899€10,018€6,822€24,812▲ 264%
Suppliers440/4---€63,117€12,899€10,018€6,822€24,812▲ 264%
Taxes, remuneration and social security45---€8,780€3,728€129€0--
Taxes450/3---€8,780€3,728€129€0--
Other amounts payable47/48---€80,152€140,485€123,793€139,933€134,237▼ 4.1%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€7,498€29€187€1,928€22,311€2,186-€13,777-€19,679▼ 42.8%
+ Depreciation and write-downs630€17,802€17,733€16,976€2,912€5,098€576€576€576=
Operating cash flow (approximation)€25,300€17,763€17,162€4,840€27,409€2,762-€13,201-€19,103▼ 44.7%
Investment in fixed assets (approximation)-€0€0-€1,440-€25,000€19,382€0€0-
Change in cash--€15,455-€2,362€740-€753€2,861-€2,635€82-

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 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 17-06-2026 2026-00167495
31-12-2024 full format 11-07-2025 2025-00257309
31-12-2023 full format 27-06-2024 2024-00168649
31-12-2022 full format 18-07-2023 2023-00243440
31-12-2021 full format 14-07-2022 2022-20183907
31-12-2020 full format 08-07-2021 2021-33700509
31-12-2019 full format 25-08-2020 2020-44700254
31-12-2018 micro format 09-07-2019 2019-31300009
31-12-2017 micro format 10-07-2018 2018-31300030
31-12-2016 full format 04-07-2017 2017-27000455

Show all 11 filings

Similar companies · same sector, comparable size

Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. 10,081 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
2 directors
Fabienne KÜPPER
Director (not named in the articles)
Current
Jean-Philippe KÜPPER
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
2 of this company's 3 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

2 people since 2023, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Fabienne KÜPPER
  • Director (not named in the articles), since before 30-11-2023
Jean-Philippe KÜPPER
  • Director (not named in the articles), since before 30-11-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 30-11-2023 Converted to unavailable equity · €22,000

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of C.N. DIFFUSION 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

2 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 17 December 2014, C.N. DIFFUSION was incorporated.1 Total assets went from €263,092 in 2018 to €201,024 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
17-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Weakest financial yearnet -€19,679
Net result drops to -€19,679, the lowest in the series.
11-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
27-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
30-11
Gazette deed Reappointments: Jean-Philippe KÜPPER (director) and Fabienne KÜPPER (director)
Amendment of the articles · Capital conversion · Reserve release12 facts ▸
  • General meeting
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
  • Capital
  • Director reappointment, Jean-Philippe KÜPPER (director (not named in the articles))
  • Director reappointment, Fabienne KÜPPER (director (not named in the articles))
  • Director discharge, Jean-Philippe KÜPPER
  • Director discharge, Fabienne KÜPPER
  • Registered office clause, “unanimité, 4821 Dison-Andrimont,Chemin de Xhénorie,12” (deed in French)
  • Other provision, “site internet et adresse électronique” (deed in French)
  • Power of attorney, Fabienne KÜPPER
18-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Highest result from 2018 to 2025net €22,311 ▲1,057%
Net result €22,311, the highest in the series.
14-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
08-07
NBB filing Annual accounts filed
financial year 2020 · full format
2020
25-08
NBB filing Annual accounts filed
financial year 2019 · full format · 25 days late
2019
09-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
10-07
NBB filing Annual accounts filed
financial year 2017 · micro 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 11 annual accounts filed, the latest 10 are here; all 11 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 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
Founded17-12-2014
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
46425Wholesale trade
46460Wholesale of pharmaceutical and medical goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0506909627
Also 9925:BE0506909627
Registered 24-11-2025

If you follow this company, Checked tells you the day it leaves 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, Dison · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
2,233 m²
Building footprint
652 m²
Building volume
2,785 m³
Parcel 63002A0087/00R000, Wallonia · tallest building 5.3 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
C.N. DIFFUSION
Chemin de Xhénorie 12, 4821 DisonActivities of holding companies
since 2015unit no. 2.237.715.467
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63002A0087/00R000 Wallonia 2,233 m² 1 · 651 m² 5.3 m · 2
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.
“L’acquisition par voie de souscription ou d’achat d’actions ou parts,d’obligations,de bons de caisse ou d’autres valeurs mobilières,quelle…” (deed in French)
8 activities (deed in French)
  1. L’acquisition par voie de souscription ou d’achat d’actions ou parts,d’obligations,de bons de caisse ou d’autres valeurs mobilières,quelle que soit leur nature,de sociétés belges ou étrangères,existantes ou à constituer,ainsi que la gestion de ces valeurs;
  2. L’octroi de prêts ou de crédits à des sociétés ou des personnes privées,sous quelque forme que ce soit;dans le cadre de cette activité,elle pourra se porter caution ou donner son aval et effectuer,au sens large,toutes opérations commerciales et financières à l’exception de celles réservées légalement aux organismes de dépôts et de dépôts à court terme,aux caisses d’épargne,aux sociétés hypothécaires et aux sociétés de capitalisation;
  3. L’activité de conseil en matière financière,technique,commerciale ou administrative,au sens large l’assistance et la fourniture de service,directement ou indirectement,dans le domaine administratif et financier,dans les ventes,la production et la gestion en général;
  4. L’intervention en tant qu’intermédiaire lors de la négociation pour la reprise partielle ou totale d’actions ou de parts;au sens le plus large,la participation à des opérations d’émission d’actions,de parts ou de titres à revenus fixes,par voie de souscription,de cautionnement,d’achat et vente ou autrement,ainsi que la réalisation de toutes opérations quelle que soit leur nature,en matière de gestion de portefeuille ou de capitaux;
  5. L’exercice de toutes missions d’administration et l’exercice de mandat et de fonction se rapportant directement ou indirectement à son objet social;
  6. La gestion et la valorisation d’un patrimoine immobilier,de valeurs et de participations ainsi que toutes opérations se rapportant directement ou indirectement à cet objet ou qui sont de nature à favoriser le rapport des biens immeubles,tels que l’entretien,le développement,l’embellissement et la location des biens;elle pourra également se porter caution des engagements contractés par des tiers qui auraient la jouissance des biens immeubles concernés;
  7. Le développement,l’achat,la vente,la concession comme preneur ou concédant de licences,de brevets,de savoir-faire et d’autres immobilisations incorporelles.La société pourra réaliser les opérations ci-dessus pour son compte personnel ou pour le compte de tiers,notamment comme commissionnaires,courtier,intermédiaire,agent ou mandataire.La société pourra fournir des garanties réelles ou personnelles au profit de sociétés ou entreprises dans laquelle elle est intéressée ou au profit de tiers moyennant rémunération;
  8. L’achat et la vente des produits suivants:lingerie et lingerie de santé,prêt-à-porter et accessoires,bandagisterie,produits pour le soin des pieds,accessoires de pédicurie,produits d'entretien de chaussures et articles de maroquinerie,produits cosmétiques,et tous produits annexes susceptibles de lui permettre le développement de ses activités.La société pourra également agir en tant qu’agent commercial,représentant,concessionnaire de marques et ou produits,délégué commercial,acheteur et/ou vendeur,en gros ou en détail de tous produits relatifs au bien-être des personnes,à la chaussure ainsi que tous leurs accessoires.

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.
C.N.DIFFUSION
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, tout endroit Région de Bruxelles-Capitale ou région de langue française de Belgique” (deed in French)

deed of 30-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoirs de l’organe d’administration Décision S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration…”
Board ruleHow the board is made up, meets and takes decisions.
“Organe d'administration, un ou plusieurs administrateurs” (deed in French)

deed of 30-11-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, papier et,à première demande actionnaire,électronique” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement nombre actions, agrément cession actions” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission nouvelles actions, droit au débiteur-gagiste” (deed in French)

deed of 30-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“AG formes modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Administrateur(s) en fonction si aucun autre désigné” (deed in French)

deed of 30-11-2023

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

Other provision: “Indivisibilité titres, Article 9” (deed in French)
Other provision: “Seuls, gestion journalière” (deed in French)
Other provision: “Contrôle société, un ou plusieurs commissaires” (deed in French)
Other provision: “Assemblée générale par procédure écrite, date réception dernier exemplaire déterminante” (deed in French)
Other provision: “Séances procès-verbaux, registre au siège” (deed in French)
Other provision: “Toute personne actionnaire ou non écrit tout moyen, délibérations vote procuration” (deed in French)
Other provision: “Organe administration, 3 semaines” (deed in French)
Other provision: “Répartition réserves, AG sur proposition organe administration” (deed in French)
Liquidation distribution: “Proportion actions, appels complémentaires ou distributions préalables si actions non libérées” (deed in French)
Other provision: “Siège sauf autre domicile Belgique vis-à-vis société, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège, litige société actionnaires gérants commissaires liquidateurs affaires société exécution statuts” (deed in French)
Other provision: “Droit commun, réputées inscrites” (deed in French)
4 more provisions in the deed, see the deed of 30-11-2023

deed of 30-11-2023