DEVALDO
ActiveSummary
DEVALDO has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €930,287 and a net result of €97,041. Equity is growing by about 7% per year across the filed financial years. Its solvency ranks better than 49% of 10,709 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €930,287
- Profit
- €97,041
- Parent
- FOXAL · 100%
- Geert Camiel DEVOSDirector
- FOXALDirector · permanent representative Filip DEVOS
Why 92raises riskLiquidity: current ratio 1.00, cash €46,326lowers riskSize: total assets €1.8mSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed 24-07-2026)Show the evidence
Checked score
Fewer than 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 70, micro): better than 47% on solvency, 14% on liquidity, 35% on profitability and 43% on growth.
The bankruptcy probability was computed on 21-10-2026 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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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Resignation: Geert DEVOS (director)Appointment: FOXAL (director) · Permanent…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 8% below 2024.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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).
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,473 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% | 1.0% |
| 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 20,139 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 | - | - | - | - | - | - | - | €87,498 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,163 | €39,983 | €40,374 | €42,249 | €54,526 | €42,909 | €56,816 | €48,061 | ▼ 15.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | -€147,785 | - | - |
| Other operating charges640/8 | - | - | - | €2,118 | €2,146 | €2,348 | €3,102 | €3,296 | ▲ 6.3% |
| Gross operating margin9900 | €107,055 | €133,281 | €121,605 | €118,760 | €224,368 | €96,632 | €35,679 | €164,490 | ▲ 361% |
| Operating profit (loss)9901 | -€68,576 | €70,840 | €79,122 | €74,393 | €167,696 | €51,375 | €123,546 | €113,134 | ▼ 8.4% |
| Financial income75/76B | - | - | - | €25 | €2,351 | €836 | €4,176 | €15,554 | ▲ 272% |
| Recurring financial income75 | €8,392 | €0 | €82 | €25 | €2,351 | €836 | €4,176 | €15,554 | ▲ 272% |
| Financial charges65/66B | - | - | - | €27,399 | €39,811 | €23,654 | €45,749 | €29,288 | ▼ 36.0% |
| Recurring financial charges65 | €10,126 | €43,616 | €27,945 | €27,399 | €39,811 | €23,654 | €45,749 | €29,288 | ▼ 36.0% |
| Profit (loss) for the period before taxes9903 | -€70,936 | €27,225 | €51,259 | €47,019 | €130,236 | €28,556 | €81,973 | €99,400 | ▲ 21.3% |
| Transfer from deferred taxes780 | - | - | - | €3,909 | €1,685 | €1,685 | €1,685 | €1,685 | = |
| Income taxes67/77 | €845 | €9,052 | €11,545 | €12,493 | €31,601 | €5,082 | €22,079 | €4,043 | ▼ 81.7% |
| Profit (loss) for the period9904 | -€68,757 | €46,663 | €41,399 | €38,435 | €100,320 | €25,160 | €61,579 | €97,041 | ▲ 57.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €8,567 | €3,272 | €3,272 | €3,272 | €3,272 | = |
| Profit (loss) for the period to be appropriated9905 | -€62,886 | €101,017 | €44,672 | €47,001 | €103,592 | €28,432 | €64,852 | €100,314 | ▲ 54.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.0m | €1.9m | €1.9m | €1.8m | €1.9m | €1.9m | €1.6m | €1.8m | ▲ 16.5% |
| Fixed assets21/28 | €1.4m | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | €1.2m | €1.0m | ▼ 11.8% |
| Intangible fixed assets21 | - | - | - | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.4m | €1.2m | €1.2m | €1.2m | €1.2m | €1.1m | €1.2m | €1.0m | ▼ 11.8% |
| Land and buildings22 | - | - | - | €1.2m | €1.2m | €1.1m | €1.2m | €1.0m | ▼ 11.6% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.01m | €0.01m | €0.009m | €0.006m | ▼ 37.8% |
| Furniture and vehicles24 | - | - | - | €0.008m | €0.004m | €0.003m | €0.001m | - | - |
| Current assets29/58 | €0.5m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.4m | €0.8m | ▲ 101% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.1m | €0.07m | ▼ 48.0% |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.1m | €0.07m | ▼ 48.0% |
| Amounts receivable within one year40/41 | €0.01m | €0.02m | €0.01m | €0.02m | €0.03m | €0.07m | €0.07m | €0.09m | ▲ 29.2% |
| Trade receivables40 | - | - | - | €0.01m | - | - | €0.006m | €0.02m | ▲ 317% |
| Other amounts receivable41 | - | - | - | €0.005m | €0.03m | €0.07m | €0.06m | €0.06m | ▲ 1.3% |
| Current investments50/53 | €0.5m | €0.6m | €0.6m | €0.3m | €0.4m | €0.4m | €0.2m | €0.6m | ▲ 272% |
| Cash at bank and in hand54/58 | €0.08m | €0.08m | €0.07m | €0.4m | €0.3m | €0.07m | €0.04m | €0.05m | ▲ 8.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.01m | €0.01m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.0m | €1.9m | €1.9m | €1.8m | €1.9m | €1.9m | €1.6m | €1.8m | ▲ 16.5% |
| Equity10/15 | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 0.8% |
| Contributions10/11 | €0.5m | €0.5m | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 2.9% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | €0.03m | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.1m | €0.09m | €0.09m | €0.09m | €0.08m | ▼ 3.8% |
| Distributable reserves133 | - | - | - | - | - | - | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.05m | €0.05m | €0.09m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 3.1% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.04m | €0.04m | ▼ 3.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.1m | €0.1m | €0.1m | - | - | - |
| Pensions and similar obligations160 | - | - | - | €0.1m | €0.1m | €0.1m | - | - | - |
| Deferred taxes168 | - | - | - | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | ▼ 3.9% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.0m | €0.9m | €0.9m | €0.8m | €0.6m | €0.8m | ▲ 42.6% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | €0.03m | ▼ 70.6% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | €0.1m | €0.03m | ▼ 70.6% |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.001m | €0.001m | - | - | - |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.8m | ▲ 64.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Trade debts44 | €0.002m | - | €0.001m | €101 | €0.02m | €0.003m | €160 | - | - |
| Suppliers440/4 | - | - | - | €101 | €0.02m | €0.003m | €160 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.004m | €0.01m | €0.01m | ▲ 18.5% |
| Taxes450/3 | - | - | - | €0.02m | €0.02m | €0.004m | €0.01m | €0.01m | ▲ 18.5% |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.5m | €0.5m | €0.4m | €0.7m | ▲ 76.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.02m | €0.03m | €0.01m | €0.03m | ▲ 120% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€68,757 | €46,663 | €41,399 | €38,435 | €100,320 | €25,160 | €61,579 | €97,041 | ▲ 57.6% |
| + Depreciation and write-downs630 | €50,163 | €39,983 | €40,374 | €42,249 | €54,526 | €42,909 | €56,816 | €48,061 | ▼ 15.4% |
| Operating cash flow (approximation) | -€18,594 | €86,645 | €81,773 | €80,684 | €154,846 | €68,069 | €118,396 | €145,102 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | €156,574 | -€13,736 | -€9,006 | -€66,454 | -€5,499 | -€82,537 | €89,846 | - |
| Change in cash | - | €7,222 | -€14,144 | €325,941 | -€77,051 | -€248,396 | -€26,191 | €3,556 | - |
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 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-07-2026 | 2026-00325058 |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00293371 |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00161660 |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00265309 |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20222114 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-38400470 |
| 31-12-2019 | micro format | 28-07-2020 | 2020-34400564 |
| 31-12-2018 | micro format | 25-07-2019 | 2019-37300276 |
| 31-12-2017 | micro format | 26-07-2018 | 2018-37600289 |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-33100322 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Geert Camiel DEVOS |
|
| FOXAL |
|
| Geert DEVOS |
|
Owners and capital
Owners
1 ownerChain of control
- FOXAL
- DEVALDO
Highest known parent: FOXAL. The sources do not say who stands above it.
Owners 1
- FOXALparentSourceaccounts FOXAL 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-08
Gazette deed
Resignation: Geert DEVOS (director)Appointment: FOXAL (director) · Permanent representative: Filip DEVOS4 facts ▸
- General meeting, 04-07-2024
- Director resignation, Geert DEVOS (director)
- Director appointment, FOXAL (director)
- Permanent representative, Filip DEVOS
14-02
Gazette deed
Resignation: Geert DEVOS (statutory manager)Reappointment: Geert DEVOS (statutory director) · Appointment: Geert Camiel DEVOS (statutory director) · Amendment of the articles12 facts ▸
- General meeting, 25-01-2024
- Amendment of the articles (3 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare reserve” (deed in Dutch)
- Reserve release, “opheffen en beschikbaar maken voor uitkering, overeenkomstig de vormen en meerderheden van de statutenwijziging” (deed in Dutch)
- Director resignation, Geert DEVOS (statutory manager)
- Director reappointment, Geert DEVOS (statutory director)
- Declaration, 19-01-2024
- Capital
- Director appointment, Geert Camiel DEVOS (statutory director)
- Registered office clause, “8850 Ardooie, Tasschestraat 17” (deed in Dutch)
- Power of attorney, ACCOUNTANTSKANTOOR BJÖRN VANCOËLLIE
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 7 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 21 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36001E1228/00R000 | Flanders | 2,427 m² | 1 · 191 m² | 8.4 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…” (deed in Dutch)
19 activities (deed in Dutch)
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen met uitzondering van de activiteiten voorbehouden aan makelaars in onroerende goed; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet aan participatie aanhoudt
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen
- Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur
- Het waarnemen van alle bestuursopdrachten, het uitoefenen van opdrachten en functies
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa
- Het verlenen van administratieve prestaties en computerservices
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort tussenpersoon in de handel
- Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologie en hun toepassingen
- De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verkocht zijn of de verwezenlijking ervan kunnen bevorderen
- De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar maatschappelijk voorwerp
- Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar maatschappelijk voorwerp
- De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland, op alle wijzen en manieren, die zij het best geschikt zou achten
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen, als bedoeld in de Wet van 25 oktober 2016 betreffende de toegang tot het beleggingsdienstenbedrijf en betreffende het statuut van en het toezicht op de vennootschappen voor vermogensbeheer en beleggingsadvies en haar uitvoeringsbesluiten
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet
- I. Voor eigen rekening:
- II. Voor eigen rekening, voor rekening van derden, of in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van rechtspersonen en ondernemingen, zoals:
- III. Bijzondere bepalingen
- 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.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Gevolgen van overlijden of aftreden van een bestuurder, wanneer een bestuurder zijn functie neerlegt, wordt het bestuur verzekerd door de…” (deed in Dutch)“Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden, dagelijks bestuur” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Elk aandeel recht geeft op een gelijk aandeel in de winstverdeling, bij gebrek aan dergelijke bestemmingsbeslissing wordt de helft van de…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of May
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “Uitoefening van zijn mandaat als statutair zaakvoerder, kwijting aan de ontslagnemende statutair zaakvoerder” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden, door beslissing van de algemene vergadering beslissende in de vormen vereist voor de…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding van de vennootschap, om welke reden en op welk ogenblik het ook zij, is/zijn de bestuurder(s) in functie aangewezen als…” (deed in Dutch)