CODELINKS
ActiveSummary
CODELINKS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€73,118) and a net result of -€41,190. Its solvency ranks better than 5% of 2,829 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Fitness centres
NACE 93130
1 site
Size
€49total assets 2025
- Equity
- -€73,118
- Loss
- -€41,190
Turnover not published (micro format)
Why 53raises riskCapped at 59: negative equityNegative equity -€73,1181 change of registered office in 24 monthslowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €49Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -148012.9% of total assets
Liquidity
50+50
short-term debt 148112.9% · cash 100.0%
Profitability
0=
return on assets -83380.8%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.1%
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 2.3%▲ +1.1 percentage points vs 07-2025
09-2025: 2.4%▲ +0.1 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.5%▲ +0.1 percentage points vs 10-2025
12-2025: 2.5%● unchanged vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.6%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 2.6%● unchanged vs 03-2026highest value
05-2026: 2.5%▼ -0.1 percentage points vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.4%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%▼ -1.9 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 1.0%▲ +0.5 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro): better than 9% on solvency, 49% on liquidity, 7% on profitability and 5% on growth.
The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€73,118
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
28 days early
2024
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 28 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsWhere today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
- Appointment: A Hossain (director)Resignations: Sajid Quadri (director) and…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
Equity
-€73,118▼ 129%
2024 · -€31,928
Total assets
€49▼ 99.8%
2024 · €26,911
Net result
-€41,190▼ 21.4%
2024 · -€33,928
Working capital
-€73,118▼ 24.4%
2024 · -€58,778
Trend over the years
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €40,960 in 2025 against €33,849 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€40,960
2025
Net result-€41,190
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€49
2025
Equity-€73,118
2025
Debt€73,168
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€73,118
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: 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.
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€33,849--€40,960▼ 21.0%
Net result-€33,928below the sector's middle half--€41,190below the sector's middle half▼ 21.4%
Equity-€31,928below the sector's middle half--€73,118below the sector's middle half▼ 129%
Total assets€26,911below the sector's middle half-€49below the sector's middle half▼ 99.8%
Debt€58,839-€73,168▲ 24.4%
Working capital-€58,778below the sector's middle half--€73,118below the sector's middle half▼ 24.4%
Solvency-118.6%below the sector's middle half-
Current ratio0.00below the sector's middle half-
Return on assets (ROA)-126.1%below the sector's middle half-
above
within
below
the middle half of NACE 93, Sports, amusement and recreation activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€73,168▲
2024 · €58,839
Ratios withheld: a balance sheet total of €49 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.8%
went bankrupt
5.6%
stopped otherwise
84.9%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,521 | - | - |
| Other operating charges640/8 | €172 | €26,897 | ▲ 15,533% |
| Gross operating margin9900 | -€30,156 | -€14,063 | ▲ 53.4% |
| Operating profit (loss)9901 | -€33,849 | -€40,960 | ▼ 21.0% |
| Financial income75/76B | €1 | €10 | ▲ 1,181% |
| Recurring financial income75 | €1 | €10 | ▲ 1,181% |
| Financial charges65/66B | €80 | €240 | ▲ 201% |
| Recurring financial charges65 | €80 | €240 | ▲ 201% |
| Profit (loss) for the period before taxes9903 | -€33,928 | -€41,190 | ▼ 21.4% |
| Profit (loss) for the period9904 | -€33,928 | -€41,190 | ▼ 21.4% |
| Profit (loss) for the period to be appropriated9905 | -€33,928 | -€41,190 | ▼ 21.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €26,911 | €49 | ▼ 99.8% |
| Fixed assets21/28 | €26,850 | - | - |
| Tangible fixed assets22/27 | €21,850 | - | - |
| Plant, machinery and equipment23 | €21,850 | - | - |
| Financial fixed assets28 | €5,000 | - | - |
| Current assets29/58 | €61 | €49 | ▼ 18.9% |
| Cash at bank and in hand54/58 | €61 | €49 | ▼ 18.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €26,911 | €49 | ▼ 99.8% |
| Equity10/15 | -€31,928 | -€73,118 | ▼ 129% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€33,928 | -€75,118 | ▼ 121% |
| Amounts payable17/49 | €58,839 | €73,168 | ▲ 24.4% |
| Amounts payable within one year42/48 | €58,839 | €73,168 | ▲ 24.4% |
| Financial debts43 | €17,923 | €33,572 | ▲ 87.3% |
| Other loans439 | €17,923 | €33,572 | ▲ 87.3% |
| Trade debts44 | €637 | - | - |
| Suppliers440/4 | €637 | - | - |
| Taxes, remuneration and social security45 | €754 | €70 | ▼ 90.7% |
| Taxes450/3 | €754 | €70 | ▼ 90.7% |
| Other amounts payable47/48 | €39,525 | €39,526 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€33,928 | -€41,190 | ▼ 21.4% |
| + Depreciation and write-downs630 | €3,521 | - | - |
| Operating cash flow (approximation) | -€30,407 | -€41,190 | ▼ 35.5% |
| Change in cash | - | -€11 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00270985 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00232379 |
Similar companies · same sector and region
Break-able
BE 1031.963.697
Antwerpen
JLady Sports
BE 0771.457.529
Antwerpen
King & Annerel
BE 1027.522.384
Antwerpen
ROBBY'S TOTAL BODY CONCEPT
BE 0541.595.342
Antwerpen
SELF PROTECTION SYSTEMS
BE 0862.999.991
Antwerpen
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 1,506 active companies whose main activity is fitness centres (NACE 93130), figures are known for 703. 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
1 director, no change since 2026
A Hossain
CurrentDirector · since 09-07-2026
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 →
Mandate history
3 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| A Hossain |
|
| Ahmed Cheema |
|
| Sajid Quadri |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe 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
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
01-10
Gazette deed
Appointment: A Hossain (director)Resignations: Sajid Quadri (director) and Ahmed Cheema (director) · Registered-office move5 facts ▸
Gazette deed
Appointment: A Hossain (director)
Resignations: Sajid Quadri (director) and Ahmed Cheema (director) · Registered-office move5 facts ▸
- General meeting, 09-07-2026
- Registered-office move, Montensstraat 2, 2140 Antwerpen
- Director appointment, A Hossain (director)
- Director resignation, Sajid Quadri (director)
- Director resignation, Ahmed Cheema (director)
03-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
04-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
24-07
Gazette deed
Registered office · Purpose · Amendment of the articles · Resignations & appointmentsAppointment: QUADRI Sajid (director) · Incorporation · Registered-office move13 facts ▸
Gazette deed
Registered office · Purpose · Amendment of the articles · Resignations & appointments
Appointment: QUADRI Sajid (director) · Incorporation · Registered-office move13 facts ▸
- General meeting, 09-07-2024
- Incorporation, 25-03-2024
- Registered-office move, Marnixstraat 16b 2060 Antwerpen
- Other provision, 08-07-2024
- Other provision, “alle aandeelhouders aanwezig of vertegenwoordigd, kennisname stukken en verzaking toezending” (deed in Dutch)
- Approval, “bijzonder verslag bestuursorgaan” (deed in Dutch)
- Purpose change
- Other provision, “neerleggingsnummer”, 24418670 (deed in Dutch)
- Power of attorney
- Other provision, “coördinatie statuten en neerlegging in vennootschapsdossier, Vijfde beslissing” (deed in Dutch)
- Director appointment, QUADRI Sajid (director)
- Other provision, “stemming alle voormelde beslissingen, eenparigheid van stemmen” (deed in Dutch)
- +1 further fact in this act
28-03
Gazette deed
IncorporationAppointment: CHEEMA Ahmed Zafar (director) · Founder · Founding capital16 facts ▸
Gazette deed
Incorporation
Appointment: CHEEMA Ahmed Zafar (director) · Founder · Founding capital16 facts ▸
- Incorporation, “CODELINKS” (deed in Dutch)
- Founder, CHEEMA Ahmed Zafar
- Founding capital, €2,000
- Other provision, 19-03-2024
- Other provision, “aansprakelijkheid oprichters bij faillissement, faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend voor voorgenomen act…” (deed in Dutch)
- Shareholding, 100, EUR
- Bank account, “bijzondere rekening namens vennootschap in oprichting”, 2000 (deed in Dutch)
- Other provision, “beschikking aanvangsvermogen”, 2000 (deed in Dutch)
- Other provision, “statuten, statuten luiden als volgt” (deed in Dutch)
- Capital
- Other provision, “comparant, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “9870 Zulte,Azalealaan 40” (deed in Dutch)
- +4 further facts in this act
Gazette deedNBB filing
3 of 3 deeds read
Register details
Identification
Legal formPrivate limited company
Founded26-03-2024
Financial year end31-12
Activities, NACEBEL 2025
93130Fitness centres
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:1007605910
Also
9925:BE1007605910
Registered
29-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpenunit no. 2.357.515.714
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2024
Ground area
194 m²
Building footprint
77 m²
Building volume
557 m³
Parcel 11006A0328/00T006, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CodeLinks
since 2024unit no. 2.357.515.714
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11006A0328/00T006 | Flanders | 194 m² | 1 · 77 m² | 9.9 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.
- “Alle activiteiten met betrekking tot het ontwerpen en programmeren van computerprogramma’s; Alle web-gestuurde programma’s, webhosting…” (deed in Dutch)deed of 24-07-2024
27 activities (deed in Dutch)
- Alle activiteiten met betrekking tot het ontwerpen en programmeren van computerprogramma’s
- Alle web-gestuurde programma’s, webhosting, webdesign, graphic design, de ontwikkeling en onderhoud van websites, ontwikkeling van alle programma’s en diensten inzake e-commerce
- De aankoop en verkoop, import en export, verhuur en installatie van computerhardware en software, communicatietechnologie, en alle randapparatuur en toebehoren, e-book, alsmede het onderhoud ervan
- Het ontwikkelen, uitgeven, verdelen en propageren van om het even welke software
- De activiteiten van studie-, organisatie- en raadgevend bureau, schriftelijke en mondelinge adviezen en publicaties inzake automatisering op alle niveau’s: systeemanalyse en –ontwerp, implementatie en onderhoud van softwaretoepassingen, informatieverwerking en dienstenkantoor voor bedrijfsadviezen in de meest ruime zin
- De opslag, de verspreiding en het beheer van alle data, afbeeldingen of videofragmenten, digitale gegevensverwerking
- Het ontwikkelen, kopen, verkopen, huren, verhuren, uitbaten, in waarde stellen, in licentie nemen of geven van immateriële duurzame activa zoals intellectuele en industriële eigendomsrechten, patenten, octrooien, brevetten, merken, licenties, concessies, knowhow, tekeningen, modellen, certificaten, auteursrechten
- Virtualisatie van applicaties en servers en de terbeschikkingstelling ervan aan gebruikers op het internet
- Het inrichten, organiseren, coördineren en verzorgen van allerhande cursussen, opleidingen, seminaries, workshops, trainingen, studiedagen, conferenties, congressen, beurzen, tentoonstellingen etc.
- Administratie, consultancy en managementactiviteiten. Het opnemen van bestuursmandaten in andere vennootschappen.
- Consultancy in de ruimste zin
- Het huren, verhuren, leasen van alle soorten roerende goederen, auto’s, motorvoertuigen, lichte bestelwagens, vrachtwagens, brommers, scooters
- Ter beschikkingstellingen van alle soorten roerende goederen, auto’s, motorvoertuigen, lichte bestelwagens, vrachtwagens, brommers, scooters zowel naar ondernemingen als naar particulieren toe
- De exploitatie van taxi’s, Uitbaten van een taxi-bedrijf, de verhuur van personenwagens met chauffeur
- Klein- en groothandel, handel of als tussenpersoon, import en export van nieuwe wagens.
- Klein- en groothandel, handel of als tussenpersoon, in tweedehands voertuigen, personenwagens, bestelwagens en vrachtwagens.
- De vennootschap kan alle onroerende goederen en rechten verwerven teneinde deze geheel of gedeeltelijk als woon- en/of werkplaats ter beschikking te stellen van de bestuurder(s), venno(o)t(en) en hun familieleden
- De aan- en verkoop van alle ongebouwde en gebouwde onroerende goederen van alle aard en voor alle bestemmingen; het verkavelen, uitrusten, inrichten en tot waarde brengen op alle mogelijke wijzen van alle onroerende goederen en het in optie nemen en geven van onroerende goederen
- Het huren, verhuren, leasen op alle mogelijke wijzen van alle mogelijke onbebouwde en gebouwde onroerende goederen
- Het in bewaring nemen van onroerende goederen, alle activiteiten van een houdstermaatschappij en namelijk het verwerven, aan- en verkopen, beheren en tot waarde brengen van alle participaties en deelbewijzen van en in alle vennootschappen en ondernemingen, het beheren van eigen onroerende goederen.
- Sport- en recreatieonderwijs
- Uitbaten van Fitnesscentra
- Exploitatie van gymnastiekzalen, fitnesscentra, centra voor de beoefening van aerobic, bodybuilding, enz. inclusief de begeleiding van de clientèle op sportief gebied
- Zelfstandig werkende sportbeoefenaars
- Ondersteunende diensten i.v.m. de sportbeoefening
- Overige dienstverlenende activiteiten op het gebied van informatie
- Alle activiteiten in de horecasector en het horecabedrijf, omvattende onder meer: de verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden en, in het algemeen in een wegwerpverpakking aangeboden worden in snelbuffetten zoals snackbars, sandwichbars, frietkramen, hamburgerrestaurants, pitahuizen en döner- en kebabbuffetten, in frietkramen en hotdogstalletjes, in croissanteries, crêperies en warmwafelkramen, in tearoom en ijssalons, in cafetaria’s, evenals in drive-in restaurants en pizzeria’s; het uitbaten en inrichten, van één of meerdere restaurants en drankgelegenheden in het algemeen waaronder onder meer restaurants van het traditionele type, spijshuizen, snackbars en fastfood-zaken, frituren, verbruikerssalons, tearooms, milkbars, cafés, bars, nachtclubs, bodega’s en tavernen evenals alle drankgelegenheden allerhande al dan niet met alcoholhoudende dranken en sterke dranken, bierhallen, wijnbars, feestzalen, kortom alle activiteiten in de horecasector en het horecabedrijf in de ruimste zijn van het woord, met inbegrip van tabaks- en rookwaren, zichtkaarten, suikergoedwaren, belegde broodjes, snoepgoed, parfumerieartikelen, snuisterijen en fantasieartikelen, souvenirs en folkloreartikelen evenals luxeartikelen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 28-03-2024
- Name clauseThe name the company operates under according to its articles.
- CODELINKSdeed of 28-03-2024
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)deed of 28-03-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “toegekend, met de mogelijkheid een deel van deze bevoegdheden te delegeren. Indien de vennootschap door meer dan één bestuurder wordt…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en andere helft ten laste koper(s), elke overdracht onder levenden zowel…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
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.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)