Cryotherapeutics
ActiveSummary
Cryotherapeutics has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.1m and a net result of -€2.3m. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 95% of 91 sector peers (NACE 21, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le développement et la commercialisation de produits médicaux utilisant la cryothérapie” (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, peut établir des sièges d'exploitation, sièges administratifs, succursales, agences et dépôts en Belgique ou à l'étranger…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 17 REPRESENTATION DE LA SOCIETE. La société est valablement représentée vis-à-vis de tiers, en justice et dans les actes, y compris…”
- Board ruleHow the board is made up, meets and takes decisions.
- “La désignation et la cessation des fonctions du représentant permanent sont soumises aux mêmes règles de publicité que s'il exerçait cette…” (deed in French)“Le conseil d'administration peut élire parmi ses membres un président; à défaut d'élection, ou en cas d'absence du président, celui-ci sera…” (deed in French)“8” (deed in French)6 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Les actions transférées continueront à appartenir à la classe d'actions à laquelle elles appartenaient avant la cession” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of May at 11:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- 3 provisions in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed