CORNET
ActiveSummary
The computed 12-month bankruptcy probability of CORNET is 6.3% (elevated). For CORNET, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €236,260 and a net result of -€26,952. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 79% of 35,972 sector peers (NACE 43, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “B/ Pouvoirs Chaque administrateur agissant seul représente la société à l'égard des tiers et en justice et peut poser tous les actes…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, au nom et pour le compte de la personne morale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Numéro d’ordre, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Émission entièrement souscrite ou plus aucun exercice, courrier électronique,sinon courrier ordinaire même jour” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of September at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Apurement dettes charges frais ou consignation, Article 26” (deed in French)1 more provision on this in the deed