DEGRAMEC
ActiveSummary
DEGRAMEC has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €820,091. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 91% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 8.7 FTE
- Equity
- €4.6m
- Profit
- €820,091
- DE GRAEVE JochenDirector
- DE GRAEVE MiguelDirector
- DE GRAEVE ValentijnDirector
Why 95raises riskLiquidity: current ratio 4.71, cash €138,738lowers riskFounded in 1999Profit of €820,091 (financial year 2025)Equity €4.6m (86.1% of total assets)Show the evidence
Checked score
About 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 28, micro): better than 89% on solvency, 51% on liquidity, 79% on profitability and 63% on growth.
The bankruptcy probability was computed on 29-10-2026 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 9 days before the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €820,091 ▲8.6%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
Source amounts without an identifiable currency are assumed to be EUR.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 11% above 2024 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.
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 28, Manufacture of machinery and equipment not elsewhere classified: 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 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 31,368 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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €0.02m | €0.002m | ▼ 90.9% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | €0.6m | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 6.9% |
| Other operating charges640/8 | - | - | - | €0.07m | €0.07m | €0.08m | €0.08m | €0.08m | ▲ 0.2% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.008m | - |
| Gross operating margin9900 | €0.8m | €1.1m | €1.4m | €1.7m | €1.6m | €1.8m | €1.9m | €2.1m | ▲ 8.5% |
| Operating profit (loss)9901 | €0.3m | €0.6m | €0.8m | €1.0m | €0.8m | €1.1m | €1.0m | €1.1m | ▲ 10.6% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.05m | €0.06m | €0.04m | ▼ 36.2% |
| Recurring financial income75 | €0.008m | €0.008m | €0.009m | €0.01m | €0.01m | €0.03m | €0.06m | €0.04m | ▼ 36.2% |
| Non-recurring financial income76B | - | - | - | - | - | €0.02m | - | - | - |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 21.6% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.6m | €0.8m | €1.0m | €0.8m | €1.1m | €1.1m | €1.1m | ▲ 7.8% |
| Income taxes67/77 | €0.1m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 6.0% |
| Profit (loss) for the period9904 | €0.2m | €0.4m | €0.6m | €0.7m | €0.6m | €0.8m | €0.8m | €0.8m | ▲ 8.6% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €0.05m | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €0.05m | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.4m | €0.6m | €0.7m | €0.6m | €0.8m | €0.8m | €0.8m | ▲ 1.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €2.7m | €3.0m | €3.6m | €3.9m | €4.4m | €5.1m | €5.3m | ▲ 4.3% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €1.3m | €1.6m | €1.7m | €1.7m | €1.9m | €2.4m | €3.4m | €3.3m | ▼ 2.1% |
| Intangible fixed assets21 | €0 | €0.01m | €0.01m | €0.007m | €0.007m | €0.003m | €0.002m | €0.03m | ▲ 11× |
| Tangible fixed assets22/27 | €1.3m | €1.6m | €1.7m | €1.7m | €1.9m | €1.9m | €2.9m | €2.8m | ▼ 3.3% |
| Land and buildings22 | - | - | - | €1.3m | €1.4m | €1.3m | €2.2m | €2.1m | ▼ 5.4% |
| Plant, machinery and equipment23 | - | - | - | €0.07m | €0.1m | €0.1m | €0.4m | €0.4m | ▲ 15.9% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 14.6% |
| Other tangible fixed assets26 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Assets under construction and advance payments27 | - | - | - | €0.006m | - | - | - | - | - |
| Financial fixed assets28 | €175 | €175 | €175 | €175 | €160 | €0.5m | €0.5m | €0.5m | = |
| Current assets29/58 | €0.8m | €1.0m | €1.3m | €1.9m | €1.9m | €2.0m | €1.7m | €2.0m | ▲ 16.8% |
| Stocks and contracts in progress3 | €0.09m | €0.08m | €0.02m | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 20.5% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.1m | €0.09m | €0.06m | ▼ 31.7% |
| Contracts in progress37 | - | - | - | €0.1m | €0.09m | €0.05m | €0.07m | €0.06m | ▼ 4.7% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.2m | €0.3m | €0.2m | €0.09m | €0.1m | €0.2m | ▲ 93.3% |
| Trade receivables40 | - | - | - | €0.3m | €0.2m | €0.09m | €0.1m | €0.2m | ▲ 101% |
| Other amounts receivable41 | - | - | - | €0.001m | - | - | €0.01m | €0.01m | ▲ 16.9% |
| Current investments50/53 | €0 | €0 | €0 | - | - | €0.8m | €1.2m | €1.5m | ▲ 25.0% |
| Cash at bank and in hand54/58 | €0.5m | €0.7m | €1.0m | €1.2m | €1.3m | €1.0m | €0.2m | €0.1m | ▼ 35.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.06m | €0.06m | €0.05m | €0.04m | ▼ 15.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €2.7m | €3.0m | €3.6m | €3.9m | €4.4m | €5.1m | €5.3m | ▲ 4.3% |
| Equity10/15 | €1.1m | €1.5m | €2.1m | €2.5m | €3.0m | €3.7m | €4.2m | €4.6m | ▲ 9.9% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €1.0m | €1.4m | €2.0m | €2.5m | €3.0m | €3.6m | €4.1m | €4.6m | ▲ 9.9% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €126 | €126 | €0.05m | €126 | €126 | = |
| Distributable reserves133 | - | - | - | €2.5m | €3.0m | €3.6m | €4.1m | €4.6m | ▲ 9.9% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €1.0m | €1.2m | €1.0m | €1.1m | €0.8m | €0.7m | €0.9m | €0.7m | ▼ 20.5% |
| Amounts payable after more than one year17 | €0.5m | €0.6m | €0.6m | €0.4m | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 37.5% |
| Financial debts170/4 | - | - | - | €0.4m | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 37.5% |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.4m | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.09m | €0.2m | €0.2m | ▲ 2.2% |
| Financial debts43 | - | - | - | €0.02m | €0.03m | €0.03m | - | €0.04m | - |
| Credit institutions430/8 | - | - | - | €0.02m | €0.03m | €0.03m | - | €0.04m | - |
| Trade debts44 | €0.06m | €0.2m | €0.04m | €0.1m | €0.06m | €0.07m | €0.05m | €0.03m | ▼ 39.9% |
| Suppliers440/4 | - | - | - | €0.1m | €0.06m | €0.07m | €0.05m | €0.03m | ▼ 39.9% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | €0.07m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.06m | €0.1m | €0.09m | €0.08m | ▼ 9.3% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.08m | €0.03m | €0.01m | ▼ 53.3% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.04m | €0.04m | €0.06m | €0.07m | ▲ 13.4% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 23.3% |
| Accrued charges and deferred income492/3 | - | - | - | €52 | - | - | - | €0.008m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.4m | €0.6m | €0.7m | €0.6m | €0.8m | €0.8m | €0.8m | ▲ 8.6% |
| + Depreciation and write-downs630 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | ▼ 6.9% |
| Operating cash flow (approximation) | €0.3m | €0.6m | €0.7m | €0.9m | €0.9m | €1.0m | €1.1m | €1.1m | ▲ 3.8% |
| Investment in fixed assets (approximation) | - | -€0.5m | -€0.3m | -€0.2m | -€0.5m | -€0.7m | -€1.4m | -€0.2m | ▲ 82.0% |
| Change in cash | - | €0.1m | €0.3m | €0.2m | €0.2m | -€0.4m | -€0.7m | -€0.08m | ▲ 90.0% |
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 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 23-07-2026 | 2026-00321219 |
| 31-12-2024 | abbreviated format | 29-07-2025 | 2025-00322166 |
| 31-12-2023 | abbreviated format | 25-07-2024 | 2024-00281135 |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00248214 |
| 31-12-2021 | abbreviated format | 20-07-2022 | 2022-20203357 |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-40100195 |
| 31-12-2019 | abbreviated format | 14-07-2020 | 2020-29200501 |
| 31-12-2018 | abbreviated format | 01-07-2019 | 2019-25100102 |
| 31-12-2017 | abbreviated format | 05-07-2018 | 2018-28300557 |
| 31-12-2016 | abbreviated format | 04-07-2017 | 2017-25700072 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 9 entries · €26,302 awarded · €26,090 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €7,729 | €7,729 |
| 2024 | 3 | €11,686 | €11,474 |
| 2023 | 2 | €6,268 | €6,268 |
| 2022 | 1 | €619 | €619 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE GRAEVE Jochen |
|
| DE GRAEVE Miguel |
|
| DE GRAEVE Valentijn |
|
Owners and capital
Capital and shareholders
- 04-10-2023 Capital stated in the deed · 8,352 shares
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-10
Gazette deed
Resignations: DE GRAEVE Miguel, DE GRAEVE Jochen and DE GRAEVE ValentijnAppointments: DE GRAEVE Miguel, DE GRAEVE Jochen and DE GRAEVE Valentijn · Amendment of the articles · Capital14 facts ▸
- Amendment of the articles (2 times)
- Capital
- Director resignation, DE GRAEVE Miguel (manager)
- Director resignation, DE GRAEVE Jochen (manager)
- Director resignation, DE GRAEVE Valentijn (manager)
- Other provision, “kwijting ontslagnemende zaakvoerder, volgende jaarvergadering” (deed in Dutch)
- Board rule, 3
- Director appointment, DE GRAEVE Miguel (director)
- Director appointment, DE GRAEVE Jochen (director)
- Director appointment, DE GRAEVE Valentijn (director)
- Registered office clause, “Lochristi, Ambachtenlaan 13” (deed in Dutch)
- Power of attorney, DPO-Accountancy Noord (2 times)
- +2 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has 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
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44077B0016/00D002 | Flanders | 4,460 m² | 1 · 2,443 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aan en verkoop,constructie,installatie,herstelling en onderhoud van machines,gereedschappen en…” (deed in Dutch)
24 activities (deed in Dutch)
- De aan en verkoop,constructie,installatie,herstelling en onderhoud van machines,gereedschappen en toebehoren.Metaalbouw,apparatenbouw,plaatslagerij en montage en alles wat er rechtstreeks of onrechtstreeks mee verband houdt.
- Bureau voor nijverheidsstudiën in de meest ruime zin van het woord dit wil onder meer zeggen de bouwpromotie,projectontwikkeling,projectstudie,organisatie en adviesbureau inzake automatisering op alle niveaus,alle verrichtingen die behoren tot de normale werkzaamheden van raadgevende ingenieur en van een engineeringsbureau en in het algemeen alle studies betreffende burgerlijke bouwkunde en betreffende technische installaties van alle aard.
- Aankoop,verkoop,vervaardiging,herstelling,bewerking,bekleding,vervoer,plaatsing,demontage of sloping van alle soorten constructies of onderdelen van constructies in alle materialen.De fabricage van land- en tuinbouwmachines.
- De installatie,de plaatsing en het onderhoud van centrale verwarming en branders.
- De installatie,de plaatsing en het onderhoud van sanitaire inrichtingen,en gasverwarming,van lood- en zinkwerken en van waterverzachters.
- Alle elektrische machines,toestellen en materieel,verlichtingsartikelen en radioelektrisch materiaal.
- Alle artikelen,voorwerpen en gebruikstoestellen voor zowel professionele gebruikers en hobbyïsten,zowel van motorische als van nietmotorische aard.
- De plaatsing en uitvoering in onroerende staat van alle voormelde toestellen en apparaten,alle werken in verband met elektriciteit.
- Het fabriceren en plaatsen van verlichtingsinstallaties,inzonderheid van neoninstallaties en lichtreclames.
- Het fabriceren en plaatsen van koelinstallaties.
- Het fabriceren van rijwielen,motorrijwielen en bromfietsen.
- Werkplaats voor het herstellen van motorvoertuigen en koetswerken.
- Handel in tweedehandsvoertuigen en onderdelen.
- Het plaatsen van koelinstallaties.
- De blijvende of tijdelijke levering aan derden van diensten van conceptie,installatie en onderhoud of herstelling van alarmsystemen en alarmcentrales.Het gaat dus om de installatie van bewakingssystemen en alarminstallaties tegen diefstal.
- Het nagaan van de toepassingsmogelijkheden van nieuwe technieken en teeltmethodes evenals de verbetering van bestaande technieken en teeltmethodes met betrekking tot de tuinbouw en sierteelt.
- Het bevorderen en ontwikkelen van nieuwe en bestaande technieken voor het kweken van bloemen en planten met het oog op een duurzame productie,het verbeteren van de kwaliteit van de producten van de tuinbouw en sierteelt.
- Proefcentrum voor ontwikkelingen in de tuinbouw en sierteelt.
- Het begeleiden van land- en tuinbouwers op teelttechnisch vlak.
- Het geven van voorlichting en opleidingen,opleidingscentrum voor tuinbouw en sierteelt.
- Het verhuren van machines en werktuigen,zowel met als zonder bedieningspersoneel.
- Het uitoefenen van tuinbouwactiviteiten zoals het telen van groenten-,sierteelt- en boomkwekerijgewassen,het opkweken van bloemen en planten.
- De groot- en kleinhandel,in- en uitvoer en de handelsbemiddeling in zaden,bloemen,planten en allerhande tuinbouw- en sierteeltartikelen.
- Het behandelen en snoeien,het verpotten en verplanten van bloemen en planten en van alle tuinbouw- en sierteeltgewassen voor derden of voor eigen rekening.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEGRAMEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, enkel besluit bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)
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.
- “1, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Vergoeding bestuurders, algemene kosten,los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht of overgang van aandelen,vrijwillig en gedwongen,onder levenden en bij overlijden,ten bezwarende en ten kosteloze titel,in…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 17:00
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.
- “Bevoegdheden en vergoeding, bestuurder(s) in functie krachtens statuten” (deed in Dutch)