Summary
Drachme is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.2m and a net result of -€521,817. Its solvency ranks better than 77% of 6,651 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- DRACHME
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”deed of 17-04-2024
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Al dan niet met vertrekvergoeding, al dan niet statutair bestuurder kan te allen tijde vrijwillig ontslag nemen” (deed in Dutch)“Bij consensus binnen Legia Team, 1 bestuurder voordragen ter benoeming” (deed in Dutch)“Tenzij wet algemene vergadering bevoegd maakt, enige bestuurder, twee samen of college bevoegd voor alle handelingen nodig of dienstig voor…” (deed in Dutch)1 more provision on this in the deeddeed of 31-05-2024
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In de statuten opgelegde regelingen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Overeenkomstig wettelijke bepalingen, algemene vergadering bepaalt wijze van vereffening” (deed in Dutch)