CEPEGEM
ActiveSummary
CEPEGEM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€191,417) and a net result of -€38,625. Equity is shrinking by about 38% per year across the filed financial years. Its solvency ranks better than 5% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- CEPEGEM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,succursales,agences,dépôts,comptoirs en Belgique et à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16 .- Représentation - Actes et actions judiciaires. La société est représentée dans les actes, y compris ceux où interviennent un…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, portée aux frais généraux indépendamment de représentation,voyages,déplacements” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Refus d'agrément d'une cession entre vifs, opposition devant le Président du Tribunal des Entreprises du siège siégeant comme en référé” (deed in French)“Valeur d'actif net résultant des derniers comptes annuels approuvés, droit nonobstant clause contraire à la valeur des actions transmises” (deed in French)1 more provision on this in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Émettre des actions nouvelles,des obligations convertibles ou des droits de souscription, autorisation” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of February at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérer et le cas échéant décider dissolution éventuelle ou autres mesures annoncées ordre du jour pour assurer continuité, actif net…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Les plus étendus conférés par articles 2:87 et suivants CSA, dissolution pour quelque cause et à quelque moment” (deed in French)