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COMMITTED

Active
Private limited companyfounded 1998active for 28 yearsBerlaarbaan(CEN) 267, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0463.255.667
Summary

The computed 12-month bankruptcy probability of COMMITTED is 6.6% (elevated). For COMMITTED, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €62,190 and a net result of €13,910. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 27% of 1,236 sector peers (NACE 33, financial year 2022). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
€283,186total assets 2022
Staff
251.1 FTE
Equity
€62,190
Profit
€13,910
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
6.6%
2022 figures too old to score
Structure
Accounts 1085 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2022 (filed 31-03-2023)3 financial years not filed after the legal deadline; latest accounts 151 days late; 1 of the last 3 lateTwo or more financial years not filedFiled more than 90 days latelowers riskFounded in 1998Liquidity: current ratio 1.36, cash €49,853Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Average
Solvency 47+3
equity 22.0% of total assets
Liquidity 46+28
short-term debt 51.9% · cash 17.6%
Profitability 75+57
return on assets 4.9%
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,383 companies, NACE 33, micro)
Last 24 months 11-2024: 6.7% 12-2024: 6.7%● unchanged vs 11-2024 01-2025: 6.7%● unchanged vs 12-2024 02-2025: 6.7%● unchanged vs 01-2025 03-2025: 6.7%● unchanged vs 02-2025 04-2025: 7.3%▲ +0.6 percentage points vs 03-2025highest value 05-2025: 7.3%● unchanged vs 04-2025highest value 06-2025: 7.3%● unchanged vs 05-2025highest value 07-2025: 7.3%● unchanged vs 06-2025highest value 08-2025: 7.3%● unchanged vs 07-2025highest value 09-2025: 7.3%● unchanged vs 08-2025highest value 10-2025: 7.3%● unchanged vs 09-2025highest value 11-2025: 6.9%▼ -0.4 percentage points vs 10-2025 12-2025: 6.9%● unchanged vs 11-2025 01-2026: 6.9%● unchanged vs 12-2025 02-2026: 6.9%● unchanged vs 01-2026 03-2026: 6.9%● unchanged vs 02-2026 04-2026: 6.9%● unchanged vs 03-2026 05-2026: 6.9%● unchanged vs 04-2026 06-2026: 6.9%● unchanged vs 05-2026 07-2026: 6.9%● unchanged vs 06-2026 08-2026: 6.9%● unchanged vs 07-2026 09-2026: 6.6%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 6.6%● unchanged vs 09-2026lowest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2022 (filed 31-03-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 151 days late; 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.36, cash €49,853
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-03-2023 year end31-10-2023 deadline20-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 31-03-2023, 151 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
151 days late
2021
18 days late
2020
9 days late
2019
301 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 120 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: VAN HOUTVEN Kristiaan Jozef Linda…Appointment: VAN HOUTVEN Kristiaan Jozef…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Back to profitnet €13,910

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 October 2023 Financial year closed on 31 March 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 20 October 2026.

Equity
€62,190▲ 28.8%
2021 · €48,280
Total assets
€283,186▲ 13.9%
2021 · €248,610
Net result
€13,910
2021 · -€19,658
Working capital
€52,910
2021 · -€21,291
Trend over the years

2019 to 2022, 4 financial years 2019 to 2022, 4 financial years

The operating result returns to profit in 2022: €15,211 after a loss of €19,818 in 2021, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€15,211 2022 Net result€13,910 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022
Operating result-€1,780--€16,352▼ 819%-€19,818▼ 21.2%€15,211
Net result-€2,131--€16,594below the sector's middle half▼ 679%-€19,658below the sector's middle half▼ 18.5%€13,910within the sector's middle half
Equity€84,532-€67,938within the sector's middle half▼ 19.6%€48,280within the sector's middle half▼ 28.9%€62,190within the sector's middle half▲ 28.8%
Total assets€198,864-€215,782within the sector's middle half▲ 8.5%€248,610within the sector's middle half▲ 15.2%€283,186within the sector's middle half▲ 13.9%
Debt€114,332-€147,844▲ 29.3%€200,330▲ 35.5%€220,996▲ 10.3%
Working capital€26,322-€23,474within the sector's middle half▼ 10.8%-€21,291below the sector's middle half€52,910within the sector's middle half
Solvency42.5%-31.5%within the sector's middle half▼ 11.0pp19.4%below the sector's middle half▼ 12.1pp22.0%within the sector's middle half▲ 2.5pp
Current ratio1.31-1.18within the sector's middle half▼ 0.130.89below the sector's middle half▼ 0.291.36within the sector's middle half▲ 0.47
Return on assets (ROA)-1.1%--7.7%below the sector's middle half▼ 6.6pp-7.9%below the sector's middle half▼ 0.2pp4.9%within the sector's middle half▲ 12.8pp
Staff (FTE)8.1-4.9above the sector's middle half▼ 39.5%5.3▲ 8.2%251.1▲ 4,638%
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €283,186
Fixed assets €83,173 ▲ 0.7%
Current assets €200,013 ▲ 20.5%
Equity and liabilities €283,186
Equity €62,190 ▲ 28.8%
Debt €220,996 ▲ 10.3%
Debt's share of the balance-sheet total falls from 80.6% to 78.0%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€47,448▲
2021 · €7,549
Cash flow
€46,148▲
2021 · €7,708
Debt to equity
3.55▲
2021 · 0.27
ROE
22.4%▲
2021 · -40.7%
Interest coverage
40.08
Debt ≤ 1 year
€147,103▼
2021 · €187,320
Debt > 1 year
€73,893▲
2021 · €13,010
Income taxes
€117▲
2021 · €116
Staff costs
€121,178
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€248,610€283,186▲
Fixed assets21/28€82,581€83,173▲
Tangible fixed assets22/27€78,178€77,585▼
Furniture and vehicles24-€77,585
Financial fixed assets28€4,403€5,588▲
Current assets29/58€166,029€200,013▲
Amounts receivable within one year40/41€140,601€141,822▲
Trade receivables40-€131,164
Other amounts receivable41-€10,658
Cash at bank and in hand54/58€17,090€49,853▲
Deferred charges and accrued income490/1-€8,338
Equity and liabilities
Total equity and liabilities10/49€248,610€283,186▲
Equity10/15€48,280€62,190▲
Contributions10/11-€6,200
Reserves13€1,859€1,859=
Non-distributable reserves130/1-€1,859
Reserves not available under the articles1311-€1,859
Profit (loss) carried forward14€40,221€54,131▲
Amounts payable17/49€200,330€220,996▲
Amounts payable after more than one year17€13,010€73,893▲
Financial debts170/4-€73,893
Amounts payable within one year42/48€187,320€147,103▼
Trade debts44€59,675€17,773▼
Suppliers440/4-€17,773
Advances received on contracts in progress46-€4,475
Taxes, remuneration and social security45-€39,189
Taxes450/3-€3,681
Remuneration and social security454/9-€35,508
Other amounts payable47/48-€85,667
Income statement Code20212022
Remuneration, social security and pensions62-€121,178
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,366€32,238▲
Other operating charges640/8-€1,960
Gross operating margin9900€108,947€170,586▲
Operating profit (loss)9901-€19,818€15,211▲
Financial income75/76B-€0
Recurring financial income75€1,342€0▼
Financial charges65/66B-€1,184
Recurring financial charges65€966€1,184▲
Profit (loss) for the period before taxes9903-€19,542€14,027▲
Income taxes67/77€116€117▲
Profit (loss) for the period9904-€19,658€13,910▲
Profit (loss) for the period to be appropriated9905-€19,658€13,910▲
Appropriation of the result
Profit (loss) to be appropriated9906-€54,131
Profit (loss) brought forward from the previous period14P-€40,221

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62---€121,178-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,391€28,584€27,366€32,238▲ 17.8%
Other operating charges640/8---€1,960-
Gross operating margin9900€101,565€109,700€108,947€170,586▲ 56.6%
Operating profit (loss)9901-€1,780-€16,352-€19,818€15,211-
Financial income75/76B---€0-
Recurring financial income75€1€0€1,342€0▼ 100.0%
Financial charges65/66B---€1,184-
Recurring financial charges65€231€125€966€1,184▲ 22.6%
Profit (loss) for the period before taxes9903-€2,010-€16,477-€19,542€14,027-
Income taxes67/77€121€117€116€117▲ 0.7%
Profit (loss) for the period9904-€2,131-€16,594-€19,658€13,910-
Profit (loss) for the period to be appropriated9905-€2,131-€16,594-€19,658€13,910-
Line2019202020212022Change
Assets
Total assets20/58€198,864€215,782€248,610€283,186▲ 13.9%
Fixed assets21/28€87,871€59,287€82,581€83,173▲ 0.7%
Tangible fixed assets22/27€83,468€54,884€78,178€77,585▼ 0.8%
Furniture and vehicles24---€77,585-
Financial fixed assets28€4,403€4,403€4,403€5,588▲ 26.9%
Current assets29/58€110,993€156,495€166,029€200,013▲ 20.5%
Amounts receivable within one year40/41€76,855€112,594€140,601€141,822▲ 0.9%
Trade receivables40---€131,164-
Other amounts receivable41---€10,658-
Cash at bank and in hand54/58€28,752€35,562€17,090€49,853▲ 192%
Deferred charges and accrued income490/1---€8,338-
Equity and liabilities
Total equity and liabilities10/49€198,864€215,782€248,610€283,186▲ 13.9%
Equity10/15€84,532€67,938€48,280€62,190▲ 28.8%
Contributions10/11€6,200--€6,200-
Reserves13€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1---€1,859-
Reserves not available under the articles1311---€1,859-
Profit (loss) carried forward14€76,473€59,879€40,221€54,131▲ 34.6%
Amounts payable17/49€114,332€147,844€200,330€220,996▲ 10.3%
Amounts payable after more than one year17€29,661€10,869€13,010€73,893▲ 468%
Financial debts170/4---€73,893-
Amounts payable within one year42/48€84,671€133,022€187,320€147,103▼ 21.5%
Trade debts44€10,143€29,257€59,675€17,773▼ 70.2%
Suppliers440/4---€17,773-
Advances received on contracts in progress46---€4,475-
Taxes, remuneration and social security45---€39,189-
Taxes450/3---€3,681-
Remuneration and social security454/9---€35,508-
Other amounts payable47/48---€85,667-
Line2019202020212022Change
Profit (loss) for the period9904-€2,131-€16,594-€19,658€13,910-
+ Depreciation and write-downs630€36,391€28,584€27,366€32,238▲ 17.8%
Operating cash flow (approximation)€34,260€11,990€7,708€46,148▲ 499%
Investment in fixed assets (approximation)-€0-€50,660-€32,830▲ 35.2%
Change in cash-€6,810-€18,472€32,763-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
31-03-2022 micro format 31-03-2023 2023-00050261
31-03-2021 micro format 18-11-2021 2021-77600272
31-03-2020 micro format 09-11-2020 2020-69800467
31-03-2019 micro format 27-08-2020 2020-45600241
31-03-2018 abbreviated format 14-02-2020 2020-05000469
31-03-2017 abbreviated format 27-09-2017 2017-63900236
31-03-2016 abbreviated format 19-09-2016 2016-60500240
31-03-2015 abbreviated format 25-09-2015 2015-60300139
31-03-2014 abbreviated format 10-10-2014 2014-64500477
31-03-2013 abbreviated format 03-10-2013 2013-61800565

Show all 20 filings

Similar companies · same sector, comparable size

Of the 3,709 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,395. 1,126 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €124 awarded · €124 paid
Schemes
1 entry · €124 · €124 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 27 April 1998, COMMITTED was incorporated.1 Total assets went from €198,864 in 2019 to €283,186 in 2022 and headcount from 8.1 to 251 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2022

Acts, filings and financial milestones

2024
23-01
Gazette deed Resignation: VAN HOUTVEN Kristiaan Jozef Linda (manager)
Appointment: VAN HOUTVEN Kristiaan Jozef Linda (director) · Amendment of the articles · Capital conversion10 facts ▸
  • General meeting, 29-12-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, vormen en meerderheden statutenwijziging” (deed in Dutch)
  • Capital
  • Director resignation, VAN HOUTVEN Kristiaan Jozef Linda (manager)
  • Director appointment, VAN HOUTVEN Kristiaan Jozef Linda (director (not named in the articles))
  • Director discharge, VAN HOUTVEN Kristiaan Jozef Linda
  • Registered office clause, “2860 Sint-Katelijne-Waver,Berlaarbaan 267” (deed in Dutch)
  • General meeting, “alle besluiten, eenparigheid van stemmen” (deed in Dutch)
2023
31-03
NBB filing Annual accounts filed
financial year 2022 · micro format · 151 days late
2022
31-03
Financial Back to profitnet €13,910
Net result €13,910 after 3 loss-making years.
2021
18-11
NBB filing Annual accounts filed
financial year 2021 · micro format · 18 days late
31-03
Financial Weakest financial yearnet -€19,658
Net result drops to -€19,658, the lowest in the series; recovery starts the following year.
2020
09-11
NBB filing Annual accounts filed
financial year 2020 · micro format · 9 days late
27-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 301 days late
14-02
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 471 days late
2017
27-09
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2016
19-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
2015
25-09
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
2014
10-10
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
2013
03-10
NBB filing Annual accounts filed
financial year 2013 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded27-04-1998
Financial year end31-03
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
46500Wholesale of information and communication equipment
46900Non-specialised wholesale trade
47639Retail sale of other sporting goods
53200Other postal and courier activities
77210Renting and leasing of sports and recreation goods
77340Rental and leasing activities
Contact
E-mail krisvanhoutven@telenet.be
Phone 0475525253
Fax 015319274
E-invoicing
Reachable via Peppol
Peppol ID 0208:0463255667
Also 9925:BE0463255667
Registered 30-10-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 1998
registered office establishment The establishment unit on the map
Ground area
2,234 m²
Building footprint
326 m²
Building volume
1,254 m³
Parcel 12035B0469/00T000, Flanders · tallest building 11.7 m. Linked by address, not a title deed.
1 establishment unit
Berlaarbaan(CEN) 267, 2860 Sint-Katelijne-Waver
Repair and maintenance of machinery
since 1998unit no. 2.086.762.681
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12035B0469/00T000 Flanders 2,234 m² 1 · 326 m² 11.7 m · 1
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.
“De aankoop,verkoop en herstelling van alle elektronische apparatuur,computers,hardware en alle aanverwante en/of aanvullende apparatuur en…” (deed in Dutch)
18 activities (deed in Dutch)
  1. De aankoop,verkoop en herstelling van alle elektronische apparatuur,computers,hardware en alle aanverwante en/of aanvullende apparatuur en materialen,alsmede het verlenen van alle voorzieningen nodig voor de goede werking van computersystemen en netwerken in de breedste zin van het woord
  2. De aan-en verkoop,productie en verhuring van alle mogelijke softwares en toepassingen voor computersystemen en dit in de breedste zin van het woord;indien nodig het verkrijgen van licenties en het recht op herverdeling van licenties
  3. Het verstrekken van opleiding en het verstrekken van advies in verband met het gebruik,de installatie en het op punt stellen van alle computersystemen
  4. Het leveren van alle diensten,het doen van onderzoek,consultancy en advising,het leveren van alle installaties,de koop,verkoop,zonder enige uitzondering noch voorbehoud,alsmede de fabrikage ervan
  5. Het verwerven van participaties onder gelijk welke vorm in alle handels-,industriële en financiële ondernemingen,zowel Belgische als buitenlandse,het verwerven door deelneming,inschrijving,aankoop,optie of om het even welk ander middel,van aandelen,obligaties,waarden,titels en effecten
  6. Het waarnemen van mandaten in rechtspersonen en ondernemingen
  7. Het aankopen,verkopen,ruilen,opschikken,uitrusten,valoriseren,verdelen,verkavelen,bouwen,omvormen,hypothekeren,huren,verhuren,zelfs voor meer dan negen jaar,verwezenlijken van alle onroerende goederen,het nemen en afstaan van optierechten voor het kopen van onroerende goederen of immobiliënmaatschappijen,de expertise,agentuur inzake onroerende goederen van alle aard,al dan niet gemeubeld,en/of zakelijke rechten,alsmede het in eigen beheer nemen en exploiteren van onroerende goederen en de uitvoering van dienstverleningscontracten
  8. Het optreden als studie-,organisatie-,en raadgevend bureau inzake alle commerciële,financiële,administratieve en technische aangelegenheden,alle verrichtingen van projectmanagement en coördinatie en het voeren van de directie over andere ondernemingen
  9. De aan-en verkoop,de groot-en kleinhandel,het verhuren en huren van pleziervaartuigen,boten,jachten,evenals alle onderdelen en dit in de meest ruime zin van het woord
  10. De onderneming van alle feestelijkheden,evenementen,recepties,ceremoniën met alle aanverwante bedrijvigheden,zowel voor eigen rekening als voor rekening van derden
  11. De uitbating van feestzalen,hotels,restaurants,bed en breakfast,horecabedrijven en dit in de meest ruime zin van het woord
  12. Het beheren van beleggingen,financiële producten,spaargelden,kasbons,obligaties,opties,futures,en dit in de meest ruime zin van het woord
  13. Het vervoer van goederen met een gewicht van minder dan vijfhonderd kilogram(500kg)voor rekening van derden
  14. Het vervoer van goederen met een gewicht van meer dan vijfhonderd kilogram(500kg)voor rekening van derden
  15. De installatie en het onderhoud van technische installaties(waaronder begrepen aardgas compressoren voor het tanken van aardgasvoertuigen)
  16. Facility management;technisch onderhoud en beheer van gebouwen en installaties
  17. Het uitoefenen van elke activiteit in verband met horeca
  18. Alle logistieke activiteiten die in verband staan met de voornoemde activiteiten(waaronder op-en overslag)

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
COMMITTED
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, voor zover geen wijziging taalregime” (deed in Dutch)

deed of 23-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, benoemd met of zonder beperking van duur” (deed in Dutch)
“Algemene kosten,los van representatie-,reis-en verplaatsingskosten, of mandaat al dan niet ten kosteloze titel” (deed in Dutch)

deed of 23-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met vermelding respectievelijke rechten” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Procedure-en expertisekosten voor helft overdrager en helft koper(s)naar evenredigheid aantal als meer dan één koper, erfgenamen en…” (deed in Dutch)

deed of 23-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of September at 20:00

deed of 23-01-2024

Oversight and winding up

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.
“Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 23-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aandelen bij uitgifte volstorten tenzij bevoegde orgaan anders beslist, stortingsplicht” (deed in Dutch)
Other provision: “Eerst aan bestaande aandeelhouders naar evenredigheid aantal aandelen, recht van voorkeur bij inbreng in geld met uitgifte nieuwe aandelen” (deed in Dutch)
Other provision: “Een of meerdere commissarissen, drie jaar” (deed in Dutch)
Other provision: “Alle besluiten tot bevoegdheid algemene vergadering, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering-deelname op afstand” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, neergelegd in register bewaard op zetel,ondertekend door bureauleden en aanwezige aandeelhouders die erom…” (deed in Dutch)
Other provision: “Beraadslagingen-stemrecht-volmacht-meerderheid, schriftelijke volmacht aan ieder ander persoon,aandeelhouder of niet” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering” (deed in Dutch)
Other provision: “Instandhouding vermogen-uitkeringen aan aandeelhouders en tantiemes, elk aandeel gelijk recht in winst en uitkeringen” (deed in Dutch)
Liquidation distribution: “Goederen in natura op dezelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Woonstkeuze, in buitenland wonende aandeelhouder,bestuurder,commissaris,vereffenaar of obligatiehouder” (deed in Dutch)
Other provision: “Betwisting zaken vennootschap en uitvoering statuten tussen vennootschap,aandeelhouders,bestuurders,commissarissen en vereffenaars…” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen Wetboek van vennootschappen en verenigingen waarvan niet geldig afgeweken geacht ingeschreven” (deed in Dutch)
1 more provision in the deed, see the deed of 23-01-2024

deed of 23-01-2024