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Creative Coding

Active
Private limited companyfounded 2023active for 3 yearsWijk Kalberg 16, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 1000.511.448
Summary

Creative Coding has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €236,366 and a net result of €98,457. Equity is growing by about 67% per year across the filed financial years. Its solvency ranks better than 80% of 467 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
≈ €190,000turnover 2026, estimated
Equity
€236,366
Profit
€98,457
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2026 accounts 167 days early
Why 98lowers riskLiquidity: current ratio 5.98, cash €221,788Sector: Computer programming, consultancy and related activities (NACE 62)Equity €236,366 (85.2% of total assets)Size: total assets €277,367Show the evidence

Checked score

Score 2026
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 85% of its sector peers (NACE 62, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 85.2% of total assets
Liquidity 97+44
short-term debt 14.8% · cash 80.0%
Profitability 100=
return on assets 35.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024highest value 02-2025: 0.2%▼ -0.2 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points 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: 0.1%▼ -0.2 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.98, compared with 3.1 in 2025, above the usual 1.5; short-term debt: 14.8% and cash: 80% of total assets), and 14.8% of the assets are financed with debt and provisions.
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 85% on solvency, 88% on liquidity, 82% on profitability and 85% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.98, cash €221,788
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €236,366 (85.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €277,367
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 17-08-2026, 167 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2026
167 days early
2025
17 days early
2024
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 71 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 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 2 January (3 of the last 3 filed years within 138 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Highest result from 2024 to 2026net €98,457 ▲11.6%
  3. Equity above €200,000equity €236,366 ▲71.4%

Financials · financial year 2026, micro format

Turnover
≈ €190,000
Estimated: probably between €160,000 and €270,000
Total assets
€277,367▲ 51.5%
2025 · €183,136
Net result
€98,457▲ 11.6%
2025 · €88,206
Working capital
€204,316▲ 115%
2025 · €95,053
Trend over the years

2024 to 2026, 3 financial years

The operating result has risen two years in a row; 2026 is 11% above 2025 and is the highest result in the available series.

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

Operating result€125,450 2026 Net result€98,457 2026

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, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202420252026
Operating result€64,012-€113,213▲ 76.9%€125,450▲ 10.8%
Net result€50,087within the sector's middle half-€88,206above the sector's middle half▲ 76.1%€98,457▲ 11.6%
Equity€51,421within the sector's middle half-€137,909within the sector's middle half▲ 168%€236,366▲ 71.4%
Total assets€76,883within the sector's middle half-€183,136within the sector's middle half▲ 138%€277,367▲ 51.5%
Debt€25,462-€45,227▲ 77.6%€41,001▼ 9.3%
Working capital-€2,243below the sector's middle half-€95,053within the sector's middle half€204,316▲ 115%
Solvency66.9%within the sector's middle half-75.3%within the sector's middle half▲ 8.4pp85.2%▲ 9.9pp
Current ratio0.91below the sector's middle half-3.10within the sector's middle half▲ 2.195.98▲ 2.88
Return on assets (ROA)65.1%above the sector's middle half-48.2%above the sector's middle half▼ 17.0pp35.5%▼ 12.7pp
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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €277,367
Fixed assets €32,050 ▼ 25.2%
Current assets €245,318 ▲ 74.9%
Equity and liabilities €277,367
Equity €236,366 ▲ 71.4%
Debt €41,001 ▼ 9.3%
Debt's share of the balance-sheet total falls from 24.7% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€136,257▲
2025 · €124,020
Cash flow
€109,264▲
2025 · €99,013
Debt to equity
0.17▼
2025 · 0.33
ROE
41.7%▼
2025 · 64.0%
Interest coverage
over 100
2025 · over 100
Debt ≤ 1 year
€41,001▼
2025 · €45,227
Income taxes
€28,316▲
2025 · €24,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 39,278 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 · 2026 against 2025 · 42 lines
Balance sheet Code20252026
Assets
Total assets20/58€183,136€277,367▲
Fixed assets21/28€42,857€32,050▼
Tangible fixed assets22/27€42,857€32,050▼
Plant, machinery and equipment23€1,568€1,148▼
Furniture and vehicles24€41,288€30,901▼
Current assets29/58€140,279€245,318▲
Amounts receivable within one year40/41€19,058€20,327▲
Trade receivables40€19,058€20,327▲
Current investments50/53€100,000€0▼
Cash at bank and in hand54/58€18,239€221,788▲
Deferred charges and accrued income490/1€2,983€3,203▲
Equity and liabilities
Total equity and liabilities10/49€183,136€277,367▲
Equity10/15€137,909€236,366▲
Contributions10/11€3,000€3,000=
Reserves13€134,909€233,366▲
Distributable reserves133€134,909€233,366▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€45,227€41,001▼
Amounts payable within one year42/48€45,227€41,001▼
Trade debts44-€10
Suppliers440/4-€10
Taxes, remuneration and social security45€33,575€37,431▲
Taxes450/3€33,575€37,431▲
Other amounts payable47/48€11,652€3,561▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,807€10,807=
Other operating charges640/8€126€253▲
Gross operating margin9900€124,146€136,510▲
Operating profit (loss)9901€113,213€125,450▲
Financial income75/76B-€1,401
Recurring financial income75-€1,401
Financial charges65/66B€39€78▲
Recurring financial charges65€39€78▲
Profit (loss) for the period before taxes9903€113,174€126,773▲
Income taxes67/77€24,968€28,316▲
Profit (loss) for the period9904€88,206€98,457▲
Profit (loss) for the period to be appropriated9905€88,206€98,457▲
Appropriation of the result
Profit (loss) to be appropriated9906€88,206€98,457▲
Transfer from equity791/2€1,718€0▼
Transfer to equity691/2€88,206€98,457▲
To other reserves6921€88,206€98,457▲
Profit to be distributed694/7€1,718€0▼
Return on contributions (dividend)694€1,718€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€371€10,807€10,807=
Other operating charges640/8-€126€253▲ 101%
Gross operating margin9900€64,383€124,146€136,510▲ 10.0%
Operating profit (loss)9901€64,012€113,213€125,450▲ 10.8%
Financial income75/76B--€1,401-
Recurring financial income75--€1,401-
Financial charges65/66B€6€39€78▲ 100%
Recurring financial charges65€6€39€78▲ 100%
Profit (loss) for the period before taxes9903€64,006€113,174€126,773▲ 12.0%
Income taxes67/77€13,919€24,968€28,316▲ 13.4%
Profit (loss) for the period9904€50,087€88,206€98,457▲ 11.6%
Profit (loss) for the period to be appropriated9905€50,087€88,206€98,457▲ 11.6%
Line202420252026Change
Assets
Total assets20/58€76,883€183,136€277,367▲ 51.5%
Fixed assets21/28€53,664€42,857€32,050▼ 25.2%
Tangible fixed assets22/27€53,664€42,857€32,050▼ 25.2%
Plant, machinery and equipment23€1,988€1,568€1,148▼ 26.8%
Furniture and vehicles24€51,675€41,288€30,901▼ 25.2%
Current assets29/58€23,219€140,279€245,318▲ 74.9%
Amounts receivable within one year40/41€16,940€19,058€20,327▲ 6.7%
Trade receivables40€16,940€19,058€20,327▲ 6.7%
Current investments50/53-€100,000€0▼ 100%
Cash at bank and in hand54/58€3,144€18,239€221,788▲ 12×
Deferred charges and accrued income490/1€3,135€2,983€3,203▲ 7.4%
Equity and liabilities
Total equity and liabilities10/49€76,883€183,136€277,367▲ 51.5%
Equity10/15€51,421€137,909€236,366▲ 71.4%
Contributions10/11€3,000€3,000€3,000=
Reserves13€48,421€134,909€233,366▲ 73.0%
Distributable reserves133€48,421€134,909€233,366▲ 73.0%
Profit (loss) carried forward14€0€0€0-
Amounts payable17/49€25,462€45,227€41,001▼ 9.3%
Amounts payable within one year42/48€25,462€45,227€41,001▼ 9.3%
Trade debts44--€10-
Suppliers440/4--€10-
Taxes, remuneration and social security45€18,593€33,575€37,431▲ 11.5%
Taxes450/3€18,593€33,575€37,431▲ 11.5%
Other amounts payable47/48€6,869€11,652€3,561▼ 69.4%
Line202420252026Change
Profit (loss) for the period9904€50,087€88,206€98,457▲ 11.6%
+ Depreciation and write-downs630€371€10,807€10,807=
Operating cash flow (approximation)€50,458€99,013€109,264▲ 10.4%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€15,095€203,548▲ 13×

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 (3)
Financial year Type Filed Reference
30-06-2026 micro format 17-08-2026 2026-00400806
30-06-2025 micro format 14-01-2026 2026-00007433
30-06-2024 micro format 02-01-2025 2025-00628567

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,002. 6,549 are within a factor 10 of this equity. These 5 are the closest to it. 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 2023
DECRUW Anouschka Melissa
Statutory director · since 03-10-2023
Current
SCHOTTE Tim Philippe
Statutory director · since 03-10-2023
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 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DECRUW Anouschka Melissa
  • Statutory director, from 03-10-2023 to date
SCHOTTE Tim Philippe
  • Statutory director, from 03-10-2023 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 03-10-2023 ↗
  • SCHOTTE Tim Philippe €3,000 · “gedeponeerd voorafgaandelijk aan oprichting op bijzondere rekening geopend namens vennootschap in oprichting”

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

Capital over the years
  1. 03-10-2023 Incorporation · €3,000

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 29 September 2023, Creative Coding was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 Of the 2 current board members, 2 have served since 2023.2 Total assets went from €76,883 in 2024 to €277,367 in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-10-2023
  3. 3National Bank, annual accounts 2024 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-01-2028
2026
17-08
NBB filing Annual accounts filed
financial year 2026 · micro format
30-06
Financial Highest result from 2024 to 2026net €98,457 ▲11.6%
Operating result €125,450, net result €98,457, both a record.
30-06
Financial Equity above €200,000equity €236,366 ▲71.4%
A profit in every financial year since 2024 builds equity to €236,366.
14-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial Liquidity more than triplescurrent ratio 3.10
Current ratio from 0.91 to 3.10.
30-06
Financial Equity above €100,000equity €137,909 ▲168%
A profit in every financial year since 2024 builds equity to €137,909.
02-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
03-10
Gazette deed Incorporation
Appointments: SCHOTTE Tim Philippe (statutory director) and DECRUW Anouschka Melissa (statutory director) · Founder · Founding capital8 facts ▸
  • Incorporation, 28-09-2023
  • Founder, SCHOTTE Tim Philippe
  • Founding capital, €3,000
  • Capital contribution, €3,000
  • Share issue, 1000, “vergoeding voor inbreng” (deed in Dutch)
  • Director appointment, SCHOTTE Tim Philippe (statutory director)
  • Director appointment, DECRUW Anouschka Melissa (statutory director)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
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
Founded29-09-2023
Financial year end30-06
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62900Other information technology and computer services
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000511448
Registered 27-10-2025

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

Register as of 30 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, Oostrozebeke · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
474 m²
Building footprint
151 m²
Building volume
930 m³
Parcel 37010E0306/00D005, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Creative Coding
Wijk Kalberg 16, 8780 OostrozebekeComputer programming
since 2023unit no. 2.350.253.778
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
37010E0306/00D005 Flanders 474 m² 1 · 151 m² 7.9 m · 2
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.
“In het algemeen de activiteiten betreffende ICT en computerprogramma’s (software)in de breedste zin van de woorden,zoals onder meer,maar…” (deed in Dutch)
30 activities (deed in Dutch)
  1. In het algemeen de activiteiten betreffende ICT en computerprogramma’s (software)in de breedste zin van de woorden,zoals onder meer,maar niet beperkt tot,het ontwerpen en programmeren van computerprogramma's (software development).
  2. Alle activiteiten en diensten betreffende informatietechnologie,ICT en computerprogramma’s,zoals het verlenen van advies over computers en software,alsook analyseren van behoeften en problemen van de gebruiker en het aanbieden van diverse oplossingen,zowel aan bedrijven als aan privépersonen.
  3. De commercialisatie van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
  4. Het in licentie nemen en geven van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
  5. De uitgeverij van software,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
  6. De commercialisatie van software en ERP-pakketten,al dan niet geheel of gedeeltelijk zelf ontwikkeld,al dan niet gepersonaliseerd.
  7. In het bijzonder de ontwikkeling van nieuwe software,alsook de verbetering van bestaande software.
  8. Deze software kan verhandeld worden op afstand via internet of fysiek aan de hand van elektronische gegevensdragers.
  9. De installatie van hard- en software.
  10. De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van software.
  11. De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van computers,randapparatuur en alle toebehoren.
  12. De aan- en verkoop,groot- en kleinhandel,commissiehandel en vertegenwoordiging van allerlei producten via het internet (e-commerce).
  13. De dienstverlening betreffende onderhavig voorwerp;het verlenen van diensten gepaard gaande met de verkoop en de installatie van software en hardware.
  14. Het geven van opleidingen,seminaries,voordrachten,infosessies en alle andere vormen van onderwijs,zowel bij derden als op een locatie voorzien door de vennootschap,zowel individueel als in groepen.
  15. Gegevensverwerking en overige activiteiten in verband met computers en software.
  16. Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
  17. De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.
  18. Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
  19. Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.
  20. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
  21. De vennootschap kan eveneens optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.
  22. De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
  23. Het beleggen,intekenen op,vast overnemen,plaatsen,kopen en verhandelen van aandelen,deelbewijzen,obligaties,kasbons,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi)publiekrechtelijk statuut.
  24. Het beheer van het patrimonium bestaande uit eigen roerende en onroerende goederen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen en roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de (on)roerende goederen te bevorderen.
  25. De expertise,het beheer,het valoriseren en het laten bouwen of verbouwen van onroerende goederen van alle aard,alsmede de coördinatie van de leiding van dergelijke werken,het opvatten,maken en uitwerken alle studies,ontwerpen en plannen.
  26. Elk marktonderzoek,promotie,raadgeving,prospectie,marketing,techno consult,assistentie op gebied van management,engineering en consulting;technisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies.
  27. De publiciteit,reclame,marketing en algemene communicatie onder alle vormen evenals alle werken die voor de verwezenlijking hiervan noodzakelijk zijn,zonder enige beperking.
  28. Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
  29. Het ontwikkelen,kopen,verkopen,beheer,in waarde stellen,in licentie nemen of geven van brevetten,octrooien,knowhow en andere intellectuele rechten.
  30. De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,tussenpersoon in de handel.

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.
Creative Coding
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Wijk Kalberg 16a:8780 Oostrozebeke” (deed in Dutch)

deed of 03-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)
“Geheel van bevoegdheden van bestuurders aan hem toegekend met mogelijkheid deel te delegeren, iedere bestuurder,alleen optredend,mag alle…” (deed in Dutch)

deed of 03-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Gelijk recht in winstverdeling, gelijk recht in vereffeningsaldo” (deed in Dutch)

deed of 03-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Saturday of December at 11:00

deed of 03-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Krachtens statuten, bevoegdheden omlijnen” (deed in Dutch)

deed of 03-10-2023

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

Other provision: “Elk aandeel geeft recht op gelijk aandeel in winstverdeling, winstverdeling” (deed in Dutch)
Other provision: “Bestuursorgaan, winst van lopende boekjaar of winst van voorgaande boekjaar zolang jaarrekening van dat boekjaar nog niet is goedgekeurd” (deed in Dutch)
Liquidation distribution: “Goederen in natura op zelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
1 more provision in the deed, see the deed of 03-10-2023

deed of 03-10-2023