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ContinuousC

Active
Private limited companyfounded 2024active for 2 yearsMercatorpad 15, 3000 Leuven, BelgiumKBO/BCE: BE 1005.275.930
Summary

ContinuousC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,058) and a net result of €220,822. Its solvency ranks better than 8% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Other information technology and computer services
NACE 62900
1 site
Size
€74,238total assets 2025
Staff
0.3 FTE
Equity
-€5,058
Profit
€220,822
Turnover not published (micro format)
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 56 days early
Why 56raises riskCapped at 59: negative equityNegative equity -€5,058lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 0.94, cash €46,560Size: total assets €74,238Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 62, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 18+18
equity -6.8% of total assets
Liquidity 50=
short-term debt 106.8% · cash 62.7%
Profitability 100+100
return on assets 297.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,887 companies, NACE 62, micro)
Last 24 months 02-2025: 0.4% 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025highest value 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.94, compared with 0.96 in 2024, below 1; short-term debt: 106.8% and cash: 62.7% of total assets), 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 62, micro): better than 8% on solvency, 27% on liquidity, 82% on profitability and 89% on growth.

The bankruptcy probability was computed on 27-10-2026 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).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Negative equity -€5,058
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.94, cash €46,560
NBB · annual accounts
lowers risk · Size: total assets €74,238
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 21080 sector peers (2025).
NBB · sector comparison
Position among 21080 sector peers
Solvency
better than 8%
← weakest strongest →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 05-06-2026, 56 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
56 days early
2024
50 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 53 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €220,822
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
-€5,058▲ 97.8%
2024 · -€225,880
Total assets
€74,238▲ 230%
2024 · €22,510
Net result
€220,822
2024 · -€227,880
Working capital
-€5,058▼ 475%
2024 · -€880
Trend over the years

2024 to 2025, 2 financial years

The operating result returns to profit in 2025: €232,042 after a loss of €227,833 in 2024.

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

Operating result€232,042 2025 Net result€220,822 2025

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

Sector: the middle half of NACE 62, Computer programming, consultancy and related 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, Current ratio.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€227,833-€232,042
Net result-€227,880below the sector's middle half-€220,822above the sector's middle half
Equity-€225,880below the sector's middle half--€5,058below the sector's middle half▲ 97.8%
Total assets€22,510below the sector's middle half-€74,238within the sector's middle half▲ 230%
Debt€248,390-€79,297▼ 68.1%
Working capital-€880below the sector's middle half--€5,058below the sector's middle half▼ 475%
Solvency-6.8%below the sector's middle half
Current ratio0.96below the sector's middle half-0.94below the sector's middle half▼ 0.03
Return on assets (ROA)297.5%above the sector's middle half
Staff (FTE)1.8-0.3▼ 83.3%
above within below the middle half of NACE 62, Computer programming, consultancy and related 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
2025 value · change against 2024
Debt ≤ 1 year
€79,297▲
2024 · €23,390
Income taxes
€1,724
Staff costs
€120,620▼
2024 · €186,381
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,017 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89.0% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.1% stopped otherwise
89.0% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 1,017 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€22,510€74,238▲
Current assets29/58€22,510€74,238▲
Amounts receivable after more than one year29€2,808€27,679▲
Trade receivables290-€27,679
Other amounts receivable291€2,808-
Cash at bank and in hand54/58€19,702€46,560▲
Equity and liabilities
Total equity and liabilities10/49€22,510€74,238▲
Equity10/15-€225,880-€5,058▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€227,880-€7,058▲
Amounts payable17/49€248,390€79,297▼
Amounts payable after more than one year17€225,000-
Financial debts170/4€225,000-
Amounts payable within one year42/48€23,390€79,297▲
Trade debts44€23,390€712▼
Suppliers440/4€23,390€712▼
Taxes, remuneration and social security45-€57,657
Taxes450/3-€57,657
Other amounts payable47/48-€20,928
Income statement Code20242025
Remuneration, social security and pensions62€186,381€120,620▼
Gross operating margin9900-€41,452€352,662▲
Operating profit (loss)9901-€227,833€232,042▲
Financial charges65/66B€48€9,496▲
Recurring financial charges65€48€9,496▲
Profit (loss) for the period before taxes9903-€227,880€222,546▲
Income taxes67/77-€1,724
Profit (loss) for the period9904-€227,880€220,822▲
Profit (loss) for the period to be appropriated9905-€227,880€220,822▲
Appropriation of the result
Profit (loss) to be appropriated9906-€227,880-€7,058▲
Profit (loss) brought forward from the previous period14P--€227,880

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€186,381€120,620▼ 35.3%
Gross operating margin9900-€41,452€352,662-
Operating profit (loss)9901-€227,833€232,042-
Financial charges65/66B€48€9,496▲ 200×
Recurring financial charges65€48€9,496▲ 200×
Profit (loss) for the period before taxes9903-€227,880€222,546-
Income taxes67/77-€1,724-
Profit (loss) for the period9904-€227,880€220,822-
Profit (loss) for the period to be appropriated9905-€227,880€220,822-
Line20242025Change
Assets
Total assets20/58€22,510€74,238▲ 230%
Current assets29/58€22,510€74,238▲ 230%
Amounts receivable after more than one year29€2,808€27,679▲ 886%
Trade receivables290-€27,679-
Other amounts receivable291€2,808--
Cash at bank and in hand54/58€19,702€46,560▲ 136%
Equity and liabilities
Total equity and liabilities10/49€22,510€74,238▲ 230%
Equity10/15-€225,880-€5,058▲ 97.8%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€227,880-€7,058▲ 96.9%
Amounts payable17/49€248,390€79,297▼ 68.1%
Amounts payable after more than one year17€225,000--
Financial debts170/4€225,000--
Amounts payable within one year42/48€23,390€79,297▲ 239%
Trade debts44€23,390€712▼ 97.0%
Suppliers440/4€23,390€712▼ 97.0%
Taxes, remuneration and social security45-€57,657-
Taxes450/3-€57,657-
Other amounts payable47/48-€20,928-
Line20242025Change
Profit (loss) for the period9904-€227,880€220,822-
Operating cash flow (approximation)-€227,880€220,822-
Change in cash-€26,858-

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

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 05-06-2026 2026-00139768
31-12-2024 micro format 11-06-2025 2025-00130351

Similar companies · same sector and region

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 3,178 active companies whose main activity is other information technology and computer services (NACE 62900), figures are known for 1,794. 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
2 directors, no change since 2024

Board 2

RENE DECOSTER MANAGEMENT SERVICES
Director (not named in the articles) · since 31-01-2024 · Private limited company (pre-2019) · permanent representative: DECOSTER René Jean Marie
Current
TARGET XL
Director (not named in the articles) · since 31-01-2024 · Private limited company · permanent representative: BROENS Mathieu Theodoor Gerard
Current

Permanent representatives 2

BROENS Mathieu Theodoor Gerard
Permanent representative · since 31-01-2024 · for TARGET XL
Current
DECOSTER René Jean Marie
Permanent representative · since 31-01-2024 · for RENE DECOSTER MANAGEMENT SERVICES
Current
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

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
RENE DECOSTER MANAGEMENT SERVICES
  • Director (not named in the articles), from 31-01-2024 to date
TARGET XL
  • Director (not named in the articles), from 31-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 31-01-2024 ↗
  • DECOSTER René Jean Marie founder
  • BROENS Mathieu Theodoor Gerard founder
  • DECOSTER René 800 shares (80%) · €1,600
  • BROENS Mathieu 200 shares (20%) · €400

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 31-01-2024 Incorporation · €2,000 · 1,000 shares

Group and network

Connections & network

2 current directors
Depth

The 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

On 27 January 2024, ContinuousC was incorporated as a private limited company by four natural persons, with a starting capital of €2,000.12 Of the 2 current board members, 2 have served since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-01-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €220,822
Net result €220,822 after one loss-making year.
11-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-01
Gazette deed Incorporation
Appointments: René Decoster Management Services BV (director) and Target XL BV (director) · Permanent representatives: DECOSTER René Jean Marie and BROENS Mathieu Theodoor Gerard · Founder12 facts ▸
  • Incorporation, 25-01-2024
  • Founder, DECOSTER René Jean Marie (2 times)
  • Founder, BROENS Mathieu Theodoor Gerard (2 times)
  • Founding capital, €2,000
  • Bank account, “BNP Paribas Fortis, vennootschap in oprichting” (deed in Dutch)
  • Registered office clause, “Mercatorpad 15,3000 Leuven” (deed in Dutch)
  • Other provision, “info@continuousc.com, website en e-mailadres” (deed in Dutch)
  • Board rule, 2, “vergadering” (deed in Dutch)
  • Director appointment, René Decoster Management Services BV (director (not named in the articles))
  • Director appointment, Target XL BV (director (not named in the articles))
  • Permanent representative, DECOSTER René Jean Marie
  • Permanent representative, BROENS Mathieu Theodoor Gerard
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded27-01-2024
Financial year end31-12
Abbreviation NL ContC
Activities, NACEBEL 2025
62900Other information technology and computer services
Contact
E-mail info@continuousc.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005275930
Registered 21-10-2026

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

Register as of 27 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, Leuven · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
4,716 m²
Building footprint
446 m²
Building volume
5,608 m³
Parcel 24505F0511/00L000, Flanders · tallest building 18.0 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ContinuousC
Mercatorpad 15, 3000 LeuvenOther information technology and computer services
since 2024unit no. 2.359.499.066
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24505F0511/00L000 Flanders 4,716 m² 1 · 446 m² 18.0 m · 4
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 aan- en de verkoop,de in- en de uitvoer,het fabriceren,het aanpassen,het leveren,het plaatsen en het onderhouden,het huren en het…” (deed in Dutch)
30 activities (deed in Dutch)
  1. De aan- en de verkoop,de in- en de uitvoer,het fabriceren,het aanpassen,het leveren,het plaatsen en het onderhouden,het huren en het verhuren,van alle computersoftware,-hardware en -netwerken;onder meer op het vlak van de datacommunicatie;het verstrekken van adviezen in dit verband;het alles zowel voor eigen rekening als voor rekening van derden en op commissie.
  2. Het leveren van advies over soorten computers(hardware)en hun configuratie en toepassing van bijhorende programmatuur(software);
  3. Het verlenen van advies met betrekking tot informaticaprogramma’s;
  4. Het analyseren van behoeften en problemen van de informatica gebruikers en het aanbieden van de beste oplossing;
  5. Het ontwikkelen,implementeren,beheren,onderhouden,aankopen,verkopen,huren,verhuren en distribueren van software en hardware;
  6. Het ontwikkelen,begeleiden,uitvoeren en opvolgen van projecten in onder meer automatisering,informatisering en digitalisering;
  7. Het verlenen van bijstand bij de toepassing van programma’s;
  8. Het leveren van informatica diensten wat onder meer omvat:het leveren van Cloud services,Managed services,Monitoring services en alle andere mogelijke services,dit zowel bij de klant als vanop afstand.
  9. Het verlenen van diensten en adviezen inzake organisatie,informatisering en human resources:
  10. Het verlenen van diensten en adviezen inzake administratieve,operationele en industriële processen;
  11. Het aankopen,verkopen en distribueren van licenties,octrooien en auteursrechten;
  12. Het inrichten,het(uit)geven en het distribueren van cursussen en het lesgeven in het algemeen;
  13. Tussenpersoon in de handel,als makelaar van goederen,als zelfstandige handelsvertegenwoordiger,als commissionair of anderszins;het zelf produceren en handel drijven zonder enige beperking;
  14. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het leveren van diensten onder de vorm van beheer(management),bestuur en advies,in de meest ruime betekenis,aan vennootschappen en alle andere ondernemingen en organisaties,waaronder zijn begrepen:
  15. A.het uitwerken,sturen en opvolgen van de verkoopstrategie;het bepalen van verkooptargets;het leiden van het verkoopteam,het onderhouden van contacten met het cliënteel;het positioneren van de cliënt–onderneming op de markt;
  16. B.het organiseren van de werkuitvoering;het uitwerken en opvolgen van werkwijzen en methodieken met het oog op het verbeteren van de kwaliteit,de klantgerichtheid en het rendement;
  17. C.het bepalen van de financiële strategie;het beheer van de thesaurie,het bewaken van de betalingspositie,de liquiditeiten en de investeringen;het onderhouden van de contacten met de bank;
  18. D.Het voeren van personeelsbeleid in de brede zin van het woord(het aantrekken van geschikt personeel,het uitwerken van een beloningsbeleid,het motiveren en eventueel sanctioneren van medewerkers);het uitbouwen van de organisatie en de functies naar gelang de behoefte;
  19. Het verlenen van administratieve ondersteuning;
  20. Het verlenen aan de ondernemingen en organisaties waarin zij deelneemt,alsook in alle andere ondernemingen en organisaties,al dan niet bezoldigd,van alle bijstand,hetzij technisch,industrieel,commercieel of administratief,hetzij financieel,met inbegrip van borgstellingen,toestaan van kredieten,of in hypotheek geven van onroerende goederen en/of in pand geven van roerende goederen;het uitoefenen van bestuursmandaten;het verlenen van consultancy en engineering bijstand;
  21. Onderneming in onroerende goederen,wat onder meer omvat:de verwerving,de vervreemding,het beheer,de uitbating,de valorisatie,de verkaveling,de huur en verhuur,het in leasing geven of nemen,de ruiling,het verlenen en ontvangen van opstalrecht,erfpacht en vruchtgebruik,het doen bouwen en verbouwen,de renovatie,de procuratie en het makelen in onroerende goederen,evenals alle andere onroerende(ver)handelingen in de meest ruime betekenis,met uitsluiting van de activiteiten die zijn onderworpen aan een bijzondere reglementering;
  22. Onderneming in materiële en immateriële roerende goederen,wat onder meer omvat:de verwerving,de vervreemding,het beheer,de valorisatie,de huur en verhuur,het in leasing geven of nemen,de ruiling,de procuratie en het makelen in enerzijds installaties,machines,uitrusting,meubilair en rollend materieel en anderzijds concessies,octrooien,licenties,knowhow,merken en soortgelijke rechten,evenals alle andere roerende(ver)handelingen in de meest ruime betekenis,met uitsluiting van de activiteiten die zijn onderworpen aan een bijzondere reglementering;
  23. Onderneming in geldbeleggingen,wat onder meer omvat:de verwerving,de vervreemding,de ruiling,het beheer,de valorisatie,de procuratie en het makelen in aandelen,obligaties,kasbons en alle andere financiële instrumenten,evenals alle andere vormen van belegging van vermogens,met uitsluiting van de activiteiten die onderworpen zijn aan een bijzondere reglementering;
  24. Het verstrekken van leningen en voorschotten aan natuurlijke personen en rechtspersonen met uitsluiting van de activiteiten die zijn onderworpen aan een bijzondere reglementering;
  25. Participatieonderneming,wat onder meer omvat:het deelnemen in de oprichting,de ontwikkeling,de omvorming en de controle van alle ondernemingen en organisaties,Belgische of buitenlandse,commerciële,financiële,industriële en alle andere;de verwerving van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,koop,aankoopoptie,verhandeling,of op iedere andere wijze;
  26. De vennootschap kan ten voordele van derden alle waarborgen toestaan,alle roerende goederen verpanden en alle onroerende goederen met hypotheek bezwaren;
  27. Het verlenen van onderricht en opleiding,het voeren van onderzoek,het promoveren van kunst,het inrichten van seminaries en tentoonstellingen,de verwerving,de vervreemding,het beheer,de valorisatie,de huur en verhuur,het in leasing geven of nemen,de ruiling,de procuratie en het makelen in kunstobjecten;
  28. Zij kan optreden als bestuurder of vereffenaar in andere vennootschappen.
  29. De vennootschap kan alle verrichtingen doen van industriële,commerciële,financiële,producerende,burgerlijke,beherende,roerende of onroerende aard,die verband houden met de verwezenlijking,de uitbreiding of de vergemakkelijking van haar doel;
  30. De vennootschap mag haar werking uitoefenen op alle plaatsen,op alle wijzen en volgens de methoden die zij goedvindt;

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.
ContinuousC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 31-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)

deed of 31-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Thursday of June at 18:00

deed of 31-01-2024

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
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bevoegdheden en vergoeding, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere benoemd” (deed in Dutch)

deed of 31-01-2024

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

Other provision: “Oproeping algemene vergadering, e-mail aan aandeelhouders,bestuurders,houders converteerbare…” (deed in Dutch)
Other provision: “Aanwending nettowinst, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie en evenwicht tussen aandelen via bijkomende volstorting of voorafgaandelijke…” (deed in Dutch)
1 more provision in the deed, see the deed of 31-01-2024

deed of 31-01-2024