CRANE PROCESS FLOW TECHNOLOGIES
ActiveSummary
CRANE PROCESS FLOW TECHNOLOGIES has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €2.8m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 18% of 6,152 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 14.1 FTE
- Equity
- €1.1m
- Profit
- €2.8m
- Parent
- Crane Co
- Johan DarisDirector
- SONDERSCHÄFER Klaus JürgenDirector
Why 95raises riskEquity €1.1m (15.6% of total assets)lowers riskFounded in 2001Liquidity: current ratio 1.19, cash €2.9mSize: turnover €12.9m, 14.1 FTE, total assets €7.2mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small): better than 18% on solvency, 74% on liquidity, 99% on profitability and 50% on growth.
The bankruptcy probability was computed on 28-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Reappointment: Deloitte Bedrijfsrevisoren BV (commissaire aux…Power of attorney
- Annual accounts filedfinancial year 2025 · full…
- Permanent representative: Mitrugno AngéliqueGazette deed
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 4% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: 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).
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97.3% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
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%.
| 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 2,613 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €10.8m | €12.9m | €12.2m | €12.5m | €13.2m | ▲ 5.6% |
| Turnover70 | €11.1m | €11.4m | €10.6m | €10.5m | €12.3m | €11.8m | €12.2m | €12.9m | ▲ 5.4% |
| Other operating income74 | - | - | - | €0.3m | €0.6m | €0.4m | €0.2m | €0.3m | ▲ 16.1% |
| Operating charges60/66A | - | - | - | €7.5m | €8.3m | €9.2m | €8.6m | €9.5m | ▲ 9.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €4.5m | €5.2m | €5.1m | €5.2m | €6.3m | ▲ 21.1% |
| Purchases600/8 | - | - | - | €4.8m | €5.2m | €5.5m | €5.0m | €6.7m | ▲ 33.6% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.2m | €0.007m | -€0.4m | €0.2m | -€0.4m | - |
| Services and other goods61 | - | - | - | €0.7m | €0.8m | €1.0m | €1.0m | €0.9m | ▼ 6.9% |
| Remuneration, social security and pensions62 | - | - | - | €2.0m | €2.1m | €2.8m | €2.2m | €2.0m | ▼ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.007m | €0.1m | €0.09m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.04m | €0.04m | €0.03m | €0.02m | €0.03m | ▲ 24.9% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 16.4% |
| Operating profit (loss)9901 | €2.9m | €3.1m | €2.5m | €3.3m | €4.6m | €3.0m | €3.9m | €3.7m | ▼ 4.1% |
| Financial income75/76B | - | - | - | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 80.6% |
| Recurring financial income75 | €0.03m | €0.02m | €0.2m | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 80.6% |
| Income from financial fixed assets750 | - | - | - | - | - | - | €0.03m | €0.04m | ▲ 60.8% |
| Other financial income752/9 | - | - | - | €0.06m | €0.1m | €0.1m | €0.09m | €0.2m | ▲ 86.8% |
| Financial charges65/66B | - | - | - | €0.2m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 26.7% |
| Recurring financial charges65 | €0.07m | €0.1m | €0.07m | €0.2m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 26.7% |
| Debt charges650 | €0.008m | €0.008m | €0.007m | €0.008m | €0.008m | €0.009m | €0.007m | €0.006m | ▼ 8.2% |
| Other financial charges652/9 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | €2.9m | €3.0m | €2.6m | €3.2m | €4.6m | €3.0m | €3.8m | €3.8m | ▼ 0.5% |
| Income taxes67/77 | €0.9m | €0.9m | €0.7m | €1.0m | €1.1m | €0.8m | €1.0m | €1.0m | ▲ 1.4% |
| Taxes670/3 | - | - | - | €1.0m | €1.2m | €0.8m | €1.0m | €1.0m | ▲ 1.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.1m | - | €0.003m | - | - |
| Profit (loss) for the period9904 | €2.0m | €2.1m | €1.9m | €2.3m | €3.5m | €2.2m | €2.8m | €2.8m | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €2.0m | €2.1m | €1.9m | €2.3m | €3.5m | €2.2m | €2.8m | €2.8m | ▼ 1.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.2m | €5.4m | €5.4m | €6.7m | €8.2m | €6.9m | €7.4m | €7.2m | ▼ 2.3% |
| Fixed assets21/28 | €0.07m | €0.2m | €0.1m | €0.8m | €0.8m | €0.7m | €0.5m | €0.4m | ▼ 28.1% |
| Tangible fixed assets22/27 | €0.03m | €0.1m | €0.09m | €0.8m | €0.8m | €0.7m | €0.5m | €0.4m | ▼ 29.4% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.02m | €0.04m | €0.03m | €0.02m | ▼ 10.5% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.02m | €0.03m | €0.02m | €0.01m | ▼ 29.6% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.2m | €0.1m | €0.06m | €0.008m | ▼ 87.7% |
| Other tangible fixed assets26 | - | - | - | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | ▼ 21.7% |
| Financial fixed assets28 | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.2% |
| Other financial fixed assets284/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.2% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.2% |
| Current assets29/58 | €6.1m | €5.3m | €5.3m | €5.9m | €7.3m | €6.2m | €6.8m | €6.8m | ▼ 0.2% |
| Stocks and contracts in progress3 | €0.7m | €0.7m | €0.7m | €0.9m | €0.9m | €1.3m | €1.0m | €1.3m | ▲ 30.6% |
| Stocks30/36 | - | - | - | €0.9m | €0.9m | €1.3m | €1.0m | €1.3m | ▲ 30.6% |
| Goods purchased for resale34 | - | - | - | €0.9m | €0.9m | €1.3m | €1.0m | €1.3m | ▲ 30.6% |
| Amounts receivable within one year40/41 | €2.0m | €2.4m | €1.9m | €2.1m | €2.2m | €2.2m | €2.1m | €1.8m | ▼ 15.0% |
| Trade receivables40 | - | - | - | €2.1m | €2.2m | €2.2m | €2.0m | €1.7m | ▼ 15.7% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.05m | €0.04m | €0.06m | €0.07m | ▲ 7.2% |
| Current investments50/53 | - | - | - | - | - | - | - | €0.8m | - |
| Other investments51/53 | - | - | - | - | - | - | - | €0.8m | - |
| Cash at bank and in hand54/58 | €3.5m | €2.1m | €2.6m | €2.8m | €4.2m | €2.7m | €3.7m | €2.9m | ▼ 22.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.06m | €0.04m | €0.05m | €0.04m | €0.05m | ▲ 26.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.2m | €5.4m | €5.4m | €6.7m | €8.2m | €6.9m | €7.4m | €7.2m | ▼ 2.3% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Contributions10/11 | €1.0m | €1.0m | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves not available under the articles1311 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | €272 | €158 | €25 | €0.001m | €234 | €275 | €436 | €0.001m | ▲ 117% |
| Amounts payable17/49 | €5.1m | €4.3m | €4.3m | €5.6m | €7.0m | €5.8m | €6.3m | €6.1m | ▼ 2.7% |
| Amounts payable after more than one year17 | - | €0.03m | €0.02m | €0.6m | €0.6m | €0.5m | €0.3m | €0.2m | ▼ 30.1% |
| Financial debts170/4 | - | - | - | €0.06m | €0.1m | €0.06m | €0.008m | - | - |
| Leasing and similar obligations172 | - | - | - | €0.06m | €0.1m | €0.06m | €0.008m | - | - |
| Other amounts payable178/9 | - | - | - | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 28.4% |
| Amounts payable within one year42/48 | €5.0m | €4.2m | €4.1m | €4.9m | €6.4m | €5.2m | €5.8m | €5.7m | ▼ 1.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 31.4% |
| Trade debts44 | €0.7m | €0.8m | €1.1m | €1.4m | €1.2m | €1.4m | €1.3m | €1.2m | ▼ 2.0% |
| Suppliers440/4 | - | - | - | €1.4m | €1.2m | €1.4m | €1.3m | €1.2m | ▼ 2.0% |
| Advances received on contracts in progress46 | - | - | - | €0.007m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1.0m | €1.5m | €1.4m | €1.6m | €1.6m | ▲ 1.6% |
| Taxes450/3 | - | - | - | €0.4m | €0.9m | €0.8m | €0.9m | €0.9m | ▲ 10.7% |
| Remuneration and social security454/9 | - | - | - | €0.7m | €0.6m | €0.6m | €0.7m | €0.6m | ▼ 9.4% |
| Other amounts payable47/48 | - | - | - | €2.3m | €3.5m | €2.3m | €2.8m | €2.8m | ▼ 1.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.06m | €0.05m | €0.07m | €0.1m | €0.1m | ▲ 7.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.0m | €2.1m | €1.9m | €2.3m | €3.5m | €2.2m | €2.8m | €2.8m | ▼ 1.2% |
| + Depreciation and write-downs630 | €0.007m | €0.1m | €0.09m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 1.2% |
| Operating cash flow (approximation) | €2.0m | €2.2m | €2.0m | €2.5m | €3.7m | €2.4m | €3.0m | €3.0m | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.05m | -€0.9m | -€0.2m | -€0.05m | -€0.001m | -€0.01m | ▼ 863% |
| Change in cash | - | -€1.4m | €0.5m | €0.2m | €1.4m | -€1.5m | €1.0m | -€0.8m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 26-06-2026 | 2026-00203646 |
| 31-12-2024 | unclassified schema | 26-06-2025 | 2025-00179482 |
| 31-12-2023 | unclassified schema | 27-06-2024 | 2024-00169541 |
| 31-12-2022 | unclassified schema | 05-11-2023 | 2023-00505452 |
| 31-12-2021 | unclassified schema | 15-07-2022 | 2022-20196016 |
| 31-12-2020 | unclassified schema | 26-08-2021 | 2021-56400191 |
| 31-12-2019 | full format | 14-08-2020 | 2020-41200492 |
| 31-12-2018 | full format | 17-12-2019 | 2019-76700287 |
| 31-12-2017 | full format | 15-10-2018 | 2018-69400385 |
| 31-12-2016 | full format | 19-04-2018 | 2018-10200210 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Johan Daris |
|
| SONDERSCHÄFER Klaus Jürgen |
|
| DELOITTE Bedrijfsrevisoren BV |
|
| Patrick Germentier |
|
Owners and capital
Owners
1 ownerChain of control
- Crane CoUS
- CRANE PROCESS FLOW TECHNOLOGIES
Highest known parent: Crane Co (United States). The sources do not say who stands above it.
Owners 1
- Crane CoUSconsolidating parentconsolidates
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 31-01-2024 Converted to available equity
- 31-01-2024 Converted to available equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-07
Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (commissaire aux comptes)Power of attorney3 facts ▸
- General meeting, 26-06-2026
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV (commissaire aux comptes)
- Power of attorney, Geert Verschooten
30-07
Gazette deed
Permanent representative: Mitrugno Angélique2 facts ▸
- General meeting, 25-06-2025
- Permanent representative, Mitrugno Angélique
31-01
Gazette deed
Reappointments: DARIS Johan (administrateur non statutaire) and SONDERSCHÄFER Klaus Jürgen (administrateur non statutaire)Amendment of the articles · Capital conversion · Transfer restriction10 facts ▸
- General meeting, 21-11-2023
- Amendment of the articles (4 times)
- Capital conversion, “compte de capitaux propres disponibles séparé” (deed in French)
- Transfer restriction, “suppression”, 9 (deed in French)
- Capital
- Capital conversion, “compte séparé de fonds propres disponibles” (deed in French)
- Power of attorney
- Power of attorney, Stijn RAES
- Director reappointment, DARIS Johan (administrateur non statutaire)
- Director reappointment, SONDERSCHÄFER Klaus Jürgen (administrateur non statutaire)
10-01
Gazette deed
Resignations & appointmentsPower of attorney2 facts ▸
- Board meeting, 20-11-2023
- Power of attorney, Inge De Maeyer
28-11
Gazette deed
Resignation: Patrick Germentier (director)Appointment: Johan Daris (director) · Reappointment: Deloitte Bedrijfsrevisoren BV (commissaire aux comptes)4 facts ▸
- General meeting, 31-10-2023
- Director resignation, Patrick Germentier (director)
- Director appointment, Johan Daris (director)
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV (commissaire aux comptes)
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 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
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25112B0044/00G002 | Wallonia | 9,912 m² | 1 · 3,574 m² | - |
| 25006A0287/00F000 | Wallonia | 5,011 m² | 1 · 1,382 m² | 11.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le marketing, la vente et l'assemblage de valves, soupapes, pompes, actuateurs, douilles et accessoires, ainsi que de produits alliés” (deed in French)
- 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.
- “Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Le conseil d'administration peut délibérer et statuer par conférence téléphonique ou vidéoconférence. Toute décision du conseil…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non” (deed in French)“Les administrateurs non-statutaires peuvent être révoqués ad nutum par décision de l'assemblée générale, qui peut accorder une indemnité…” (deed in French)“Les administrateurs peuvent accomplir tous actes nécessaires ou utiles à la réalisation de l'objet, sous réserve de ceux que la loi et les…” (deed in French)“L'(es) administrateur(s) peut(vent) désigner des mandataires de la société. Seules les procurations spéciales et limitées à certains actes…” (deed in French)“Toute convocation se fait valablement par lettre ou e-mail., Chaque administrateur présent ou représenté à une assemblée du conseil est…” (deed in French)“Chaque administrateur peut donner procuration à un autre membre du conseil pour le représenter à une réunion spécifique. Un administrateur…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Chaque action donne un droit égal dans la répartition des bénéfices et des produits de la liquidation.” (deed in French)“Nominatives, le cas échéant, un numéro d'ordre” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Chaque action confère un droit égal dans la répartition des bénéfices, statuant sur proposition de l'organe d'administration” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Agenda ruleHow the agenda is set and who may add items to it.
- “Toute assemblée ne peut délibérer que sur les propositions figurant à l'ordre du jour, sauf si toutes les personnes à convoquer sont…” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission écrit, une procuration, une…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Chaque action donne droit à une voix, sous réserve des dispositions légales régissant les actions sans droit de vote” (deed in French)
- Written votingWhether shareholders may vote in writing in advance, without attending.
- “Un actionnaire qui ne peut être présent a la faculté de voter par écrit avant l'assemblée générale, un vote émis par écrit reste valable…” (deed in French)
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- “Toutes les décisions qui relèvent du pouvoir de l'assemblée générale, unanimité” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Un ou plusieurs commissaires, lorsque la loi l'exige” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed