Skip to content

DUREZZA

Active
Private limited companyfounded 2023active for 3 yearsDiksmuidesteenweg 97, 8830 Hooglede, BelgiumKBO/BCE: BE 0798.573.680
Summary

DUREZZA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216,937 and a net result of €130,966. Its solvency ranks better than 28% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Floor and wall tiling
NACE 43331
1 site
Size
≈ €1.1mturnover 2025, estimated
Staff
2 FTE
Equity
€216,937
Profit
€130,966
Turnover estimated from the gross margin
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts 2 days early
Why 70raises riskFounded in 2023Sector: Specialised construction activities (NACE 43)Figures for financial year 2025 (filed 30-10-2025)lowers riskSize: total assets €826,390Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 63% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 51+14
equity 26.3% of total assets
Liquidity 59+9
short-term debt 14.9% · cash 9.4%
Profitability 89+11
return on assets 15.8%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 5.1%highest value 12-2024: 1.9%▼ -3.2 percentage points vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 2.0%▲ +0.1 percentage points vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.1%▲ +0.1 percentage points vs 05-2025 07-2025: 2.5%▲ +0.4 percentage points vs 06-2025 08-2025: 3.4%▲ +0.9 percentage points vs 07-2025 09-2025: 3.6%▲ +0.2 percentage points vs 08-2025 10-2025: 3.9%▲ +0.3 percentage points vs 09-2025 11-2025: 0.9%▼ -3.0 percentage points vs 10-2025 12-2025: 0.8%▼ -0.1 percentage points vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.4 percentage points vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.1 percentage points vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.03, compared with 1.16 in 2024, above the usual 1.5; short-term debt: 14.9% and cash: 9.4% of total assets), but 73.7% of the assets are financed with debt and provisions.
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 43, micro): better than 28% on solvency, 56% on liquidity, 74% on profitability and 94% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €826,390
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Figures for financial year 2025 (filed 30-10-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
2 days early
2024
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end29-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €200,000equity €216,937 ▲152%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €1.1m
Estimated: probably between €820,000 and €1.5m
Total assets
€826,390▲ 12.9%
2024 · €731,918
Net result
€130,966▲ 134%
2024 · €55,971
Working capital
€126,580▲ 540%
2024 · €19,781
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 147% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€187,724 2025 Net result€130,966 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€76,133-€187,724▲ 147%
Net result€55,971above the sector's middle half-€130,966above the sector's middle half▲ 134%
Equity€85,971within the sector's middle half-€216,937above the sector's middle half▲ 152%
Total assets€731,918above the sector's middle half-€826,390above the sector's middle half▲ 12.9%
Debt€645,947-€609,453▼ 5.6%
Working capital€19,781within the sector's middle half-€126,580above the sector's middle half▲ 540%
Solvency11.7%below the sector's middle half-26.3%within the sector's middle half▲ 14.5pp
Current ratio1.16within the sector's middle half-2.03within the sector's middle half▲ 0.87
Return on assets (ROA)7.6%within the sector's middle half-15.8%within the sector's middle half▲ 8.2pp
Staff (FTE)2-2=
above within below the middle half of NACE 43, Specialised construction 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €826,390
Fixed assets €576,508 ▼ 1.4%
Current assets €249,882 ▲ 69.7%
Equity and liabilities €826,390
Equity €216,937 ▲ 152%
Debt €609,453 ▼ 5.6%
Debt's share of the balance-sheet total falls from 88.3% to 73.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€241,902▲
2024 · €153,525
Cash flow
€185,144▲
2024 · €133,363
Quick ratio
1.16▲
2024 · 1.12
Debt to equity
2.81▼
2024 · 7.51
ROE
60.4%▼
2024 · 65.1%
Interest coverage
11.60▼
2024 · 29.17
Debt ≤ 1 year
€123,302▼
2024 · €127,461
Debt > 1 year
€486,065▼
2024 · €517,847
Income taxes
€37,384▲
2024 · €15,078
Staff costs
€145,061▲
2024 · €136,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€731,918€826,390▲
Fixed assets21/28€584,675€576,508▼
Tangible fixed assets22/27€584,675€576,508▼
Land and buildings22€511,340€474,947▼
Plant, machinery and equipment23€12,200€10,835▼
Furniture and vehicles24€61,135€90,726▲
Current assets29/58€147,242€249,882▲
Stocks and contracts in progress3€5,000€107,000▲
Stocks30/36€3,000€95,000▲
Contracts in progress37€2,000€12,000▲
Amounts receivable within one year40/41€105,818€56,396▼
Trade receivables40€76,912€29,695▼
Other amounts receivable41€28,906€26,701▼
Cash at bank and in hand54/58€25,511€77,489▲
Deferred charges and accrued income490/1€10,914€8,997▼
Equity and liabilities
Total equity and liabilities10/49€731,918€826,390▲
Equity10/15€85,971€216,937▲
Contributions10/11€30,000€30,000=
Reserves13€55,971€186,937▲
Distributable reserves133€55,971€186,937▲
Amounts payable17/49€645,947€609,453▼
Amounts payable after more than one year17€517,847€486,065▼
Financial debts170/4€517,847€486,065▼
Amounts payable within one year42/48€127,461€123,302▼
Current portion of amounts payable after more than one year42€50,045€63,148▲
Trade debts44€29,667€25,166▼
Suppliers440/4€29,667€25,166▼
Taxes, remuneration and social security45€47,749€34,988▼
Taxes450/3€23,194€12,732▼
Remuneration and social security454/9€24,556€22,256▼
Accrued charges and deferred income492/3€638€86▼
Income statement Code20242025
Non-recurring operating income76A-€2,933
Remuneration, social security and pensions62€136,104€145,061▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,392€54,178▼
Other operating charges640/8€3,273€5,976▲
Gross operating margin9900€292,902€392,938▲
Operating profit (loss)9901€76,133€187,724▲
Financial income75/76B€179€1,488▲
Recurring financial income75€179€1,488▲
Financial charges65/66B€5,263€20,862▲
Recurring financial charges65€5,263€20,862▲
Profit (loss) for the period before taxes9903€71,049€168,350▲
Income taxes67/77€15,078€37,384▲
Profit (loss) for the period9904€55,971€130,966▲
Profit (loss) for the period to be appropriated9905€55,971€130,966▲
Appropriation of the result
Profit (loss) to be appropriated9906€55,971€130,966▲
Transfer to equity691/2€55,971€130,966▲
To other reserves6921€55,971€130,966▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€2,933-
Remuneration, social security and pensions62€136,104€145,061▲ 6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,392€54,178▼ 30.0%
Other operating charges640/8€3,273€5,976▲ 82.6%
Gross operating margin9900€292,902€392,938▲ 34.2%
Operating profit (loss)9901€76,133€187,724▲ 147%
Financial income75/76B€179€1,488▲ 731%
Recurring financial income75€179€1,488▲ 731%
Financial charges65/66B€5,263€20,862▲ 296%
Recurring financial charges65€5,263€20,862▲ 296%
Profit (loss) for the period before taxes9903€71,049€168,350▲ 137%
Income taxes67/77€15,078€37,384▲ 148%
Profit (loss) for the period9904€55,971€130,966▲ 134%
Profit (loss) for the period to be appropriated9905€55,971€130,966▲ 134%
Line20242025Change
Assets
Total assets20/58€731,918€826,390▲ 12.9%
Fixed assets21/28€584,675€576,508▼ 1.4%
Tangible fixed assets22/27€584,675€576,508▼ 1.4%
Land and buildings22€511,340€474,947▼ 7.1%
Plant, machinery and equipment23€12,200€10,835▼ 11.2%
Furniture and vehicles24€61,135€90,726▲ 48.4%
Current assets29/58€147,242€249,882▲ 69.7%
Stocks and contracts in progress3€5,000€107,000▲ 21×
Stocks30/36€3,000€95,000▲ 32×
Contracts in progress37€2,000€12,000▲ 500%
Amounts receivable within one year40/41€105,818€56,396▼ 46.7%
Trade receivables40€76,912€29,695▼ 61.4%
Other amounts receivable41€28,906€26,701▼ 7.6%
Cash at bank and in hand54/58€25,511€77,489▲ 204%
Deferred charges and accrued income490/1€10,914€8,997▼ 17.6%
Equity and liabilities
Total equity and liabilities10/49€731,918€826,390▲ 12.9%
Equity10/15€85,971€216,937▲ 152%
Contributions10/11€30,000€30,000=
Reserves13€55,971€186,937▲ 234%
Distributable reserves133€55,971€186,937▲ 234%
Amounts payable17/49€645,947€609,453▼ 5.6%
Amounts payable after more than one year17€517,847€486,065▼ 6.1%
Financial debts170/4€517,847€486,065▼ 6.1%
Amounts payable within one year42/48€127,461€123,302▼ 3.3%
Current portion of amounts payable after more than one year42€50,045€63,148▲ 26.2%
Trade debts44€29,667€25,166▼ 15.2%
Suppliers440/4€29,667€25,166▼ 15.2%
Taxes, remuneration and social security45€47,749€34,988▼ 26.7%
Taxes450/3€23,194€12,732▼ 45.1%
Remuneration and social security454/9€24,556€22,256▼ 9.4%
Accrued charges and deferred income492/3€638€86▼ 86.6%
Line20242025Change
Profit (loss) for the period9904€55,971€130,966▲ 134%
+ Depreciation and write-downs630€77,392€54,178▼ 30.0%
Operating cash flow (approximation)€133,363€185,144▲ 38.8%
Investment in fixed assets (approximation)--€46,010-
Change in cash-€51,978-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-03-2025 micro format 29-10-2025 2025-00552733
31-03-2024 micro format 04-11-2024 2024-00528268

Similar companies · same sector, comparable size

Of the 3,901 active companies whose main activity is floor and wall tiling (NACE 43331), figures are known for 1,820. 1,410 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €307 awarded · €307 paid
Schemes
1 entry · €307 · €307 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024
BEERNAERT Toon Oscar Gerard
Director (not named in the articles) · since 21-02-2023
Current
VANPARYS Lien
Director (not named in the articles) · since 01-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BEERNAERT Toon Oscar Gerard
  • Director (not named in the articles), from 21-02-2023 to date
VANPARYS Lien
  • Director (not named in the articles), from 01-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 21-02-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 21-02-2023 Incorporation · €30,000 · 120 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

DUREZZA was incorporated on 17 February 2023 as a private limited company by one natural person, with a starting capital of €30,000.12 The registered office was moved to Hooglede in 2024.3 The board currently has 2 members; BEERNAERT Toon Oscar Gerard has served longest, since 2023.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-02-2023
  3. 3Belgian Official Gazette, 14-03-2024

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
financial year 2025 · micro format
31-03
Financial Equity above €200,000equity €216,937 ▲152%
A profit in every financial year since 2024 builds equity to €216,937.
2024
04-11
NBB filing Annual accounts filed
financial year 2024 · micro format · 4 days late
14-03
Gazette deed Appointment: VANPARYS Lien (director)
Registered-office move4 facts ▸
  • General meeting, 11-03-2024
  • Other provision, “coördinatie van de statuten opmaken en ondertekenen en neerlegging in vennootschapsdossier verzorgen, coördinatie statuten” (deed in Dutch)
  • Director appointment, VANPARYS Lien (director (not named in the articles))
  • Registered-office move, 8830 Hooglede, Diksmuidesteenweg 97b
2023
21-02
Gazette deed Incorporation
Appointment: BEERNAERT Toon Oscar Gerard (director) · Founder · Founding capital6 facts ▸
  • Incorporation, 16-02-2023
  • Founder, BEERNAERT Toon Oscar Gerard
  • Founding capital, €30,000
  • Bank account, “vóór de oprichting, artikel 5:9 WVV” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in haar naam en voor haar rekening gesteld voor oprichting” (deed in Dutch)
  • Director appointment, BEERNAERT Toon Oscar Gerard (director (not named in the articles))
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded17-02-2023
Financial year end31-03
Activities, NACEBEL 2025
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798573680
Also 9925:BE0798573680
Registered 25-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0798.573.680

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hooglede · 1 establishment unit since 2023
registered office establishment approximate The establishment unit on the map
Ground area
6.3 ha
Building footprint
2.8 ha
Parcel 36014A0215/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
DUREZZA
Diksmuidesteenweg 97, 8830 HoogledeFloor and wall tiling
since 2023unit no. 2.341.827.052
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
36014A0215/00M000 Flanders 6.3 ha 1 · 2.8 ha -
How the parcels are linked
Good to know
The parcel matches the address exactly.

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.
DUREZZA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Rysseveldstraat 41/0.1,8840 Staden” (deed in Dutch)

deed of 21-02-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte. Indien er verschillende…”
Board ruleHow the board is made up, meets and takes decisions.
“Vrij te beslissen, alle bezoldigingswijzen met inbegrip van combinaties toegelaten, terbeschikkingstelling van roerende en onroerende…” (deed in Dutch)

deed of 21-02-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of September at 18:00

deed of 14-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding, beslissing algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Onmiddellijke sluiting vereffening in een akte, artikel 2:80 WVV” (deed in Dutch)
“Benoeming vereffenaars, bestuurders in functie ten tijde ontbinding gelden jegens derden van rechtswege als vereffenaars” (deed in Dutch)

deed of 21-02-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alle handelingen nodig of dienstig tot verwezenlijking van het voorwerp, bestuursbevoegdheid” (deed in Dutch)
Other provision: “Bijzondere volmachten, alleen bijzondere en beperkte volmachten voor bepaalde of reeks bepaalde rechtshandelingen” (deed in Dutch)
Other provision: “Onbeperkt toezicht en controle op alle verrichtingen, toezicht en controle” (deed in Dutch)
Other provision: “Oproeping algemene vergadering, bij wet bepaalde stukken met oproepingsbrief aan aandeelhouders en andere opgeroepen personen die erom…” (deed in Dutch)
Other provision: “Vertegenwoordiging aandeelhouders” (deed in Dutch)
Other provision: “Schriftelijke besluitvorming aandeelhouders” (deed in Dutch)
Liquidation distribution: “Bevoegde ondernemingsrechtbank, eenzijdig verzoekschrift artikelen 1025 e.v. Gerechtelijk Wetboek” (deed in Dutch)
4 more provisions in the deed, see the deed of 21-02-2023

deed of 21-02-2023