DEVMAT
ActiveSummary
DEVMAT has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506,756 and a net result of €53,441. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 88% of 4,754 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- DEVMAT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “*Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking van het…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, al dan niet aandeelhouder” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, handelingen waarvoor volgens wet alleen algemene vergadering bevoegd is” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday 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.
- “Als geen vereffenaars benoemd of aangewezen, bestuurders in functie op tijdstip ontbinding van rechtswege als vereffenaars ten aanzien van…” (deed in Dutch)