Summary
The computed 12-month bankruptcy probability of Cloet Elien is 1.6% (moderate). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- “Bij eenvoudig besluit van zaakvoerder(s) administratieve zetels,bijkantoren,agentschappen of opslagplaatsen oprichten waar nuttig,in België…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Buiten voorwerp of buiten perken opdracht, alle handelingen nodig of dienstig voor voorwerp” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen burgerlijk recht, vrij akkoord anders twee deskundigen” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Regels wijziging statuten, wil van de vennoten” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed