CESTIS
ActiveSummary
CESTIS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of €1.3m. Its solvency ranks better than 52% of 10,686 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very 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.
- CESTIS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Onverminderd de toepassing van Artikel 16, wordt de Vennootschap ten aanzien van derden en in rechte vertegenwoordigd…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, onbepaalde termijn” (deed in Dutch)“Voorbehouden Materies, raad van bestuur” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Eigen vermogen in één of meerdere keren verhogen door inbreng in geld of natura;kan uitgifte aandelen,converteerbare obligaties of…” (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 June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bepaalt wijze van vereffening overeenkomstig wettelijke bepalingen, netto actief verdeeld onder alle aandeelhouders…” (deed in Dutch)