CSM Development
ActiveSummary
CSM Development has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5.2m) and a net result of -€267,567. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 5% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CSM Development
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Bruxelles-Capitale, sièges administratifs,succursales ou agences ou dépôts,partout en Belgique ou à l’étranger,par simple décision du…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTICLE 19 - REPRESENTATION - ACTES ET ACTIONS JUDICIAIRES • En général et notamment en tous recours judiciaires et administratifs, tant en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “6, listes soumises par chacun des deux actionnaires comportant au moins un candidat en plus du nombre de postes à remplir” (deed in French)“Parmi les candidats présentés par cet actionnaire, organe de gestion” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of May at 16:00