Citizens Holding
ActiveSummary
Citizens Holding has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €724,822. Its solvency ranks better than 46% of 2,063 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, 10” (deed in Dutch)“Te allen tijde zonder opgave van redenen met onmiddellijke ingang, 6” (deed in Dutch)“Door loutere kennisgeving aan raad van bestuur, niet vergoed tenzij (i) algemene vergadering anders beslist en (ii) Onafhankelijke…” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 1000” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of June at 14:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beraadslaging op wijze door wet vereist, ontbinding in bij wet bepaalde gevallen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan bevoegdheden te allen tijde bij gewone meerderheid beperken, aandeelhouders verdelen liquidatiesaldo met inachtname…” (deed in Dutch)