DAVID
ActiveSummary
DAVID has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€313,002) and a net result of -€9,305. Equity is shrinking by about 2.7% per year across the filed financial years. Its solvency ranks better than 5% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very 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.
- DAVID
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région bruxelloise” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Nombre,durée du mandat et,en cas de pluralité,pouvoirs, avec ou sans limitation de durée” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, le cas échéant pourvu d'un numéro d'ordre” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Tous pouvoirs prévus à l'article 2:87 du Code des sociétés et des associations sans autorisation spéciale, assemblée générale peut à tout…” (deed in French)