CORRECTIONS
ActiveFrom the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CORRECTIONS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,234 and a net result of €680. Equity has been growing by about 6.3% per year since 2023. Its solvency ranks better than 69% of 1,119 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SERIHOF Paulette |
|
The board according to the articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs”“Fixe ou proportionnelle, frais généraux indépendamment frais représentation,voyages,déplacements”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Décision assemblée générale délibérant formes modifications statuts, en tout temps”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 12-03-2024 (in French)
Owners and capital
Owners
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, usufruitier et nu-propriétaire inscrits séparément avec indication de leurs droits respectifs en cas de démembrement en…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire pour personnes sans adresse…”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 12-03-2024 (in French)