CORRECTIONS
ActiveSummary
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 is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 69% of 1,114 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La correction de manuscrits,la mise au net et en forme de textes en tous genres,d'épreuves d'imprimerie;la mise en page,la composition et…” (deed in French)
Text of the purpose (deed in French)
“La correction de manuscrits,la mise au net et en forme de textes en tous genres,d'épreuves d'imprimerie;la mise en page,la composition et toute activité touchant la rédaction,la correction et la préparation de textes”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CORRECTIONS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision de l'organe d'administration,sièges administratifs,agences,ateliers,dépôts et…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)“Fixe ou proportionnelle, frais généraux indépendamment frais représentation,voyages,déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich 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…” (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.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire pour personnes sans adresse…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale délibérant formes modifications statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)