DYNAMIC
ActiveSummary
DYNAMIC has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92,057 and a net result of -€8,105. Equity is shrinking by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
“Detail en groothandel, de import- en export van kranten, tijdschriften, snoep, geschenkartikelen, rookwaren, gadgets…” (deed in Dutch)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€93,557total assets 2025
- Equity
- €92,057
- Loss
- -€8,105
Turnover not published (micro format)
Why 92raises riskLoss of €8,105, the second in a row (financial year 2025)lowers riskSize: total assets €93,557Founded in 1988Equity €92,057 (98.4% of total assets)Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency
100=
equity 98.4% of total assets
Liquidity
46-1
cash 18.4%
Profitability
8+4
return on assets -8.7%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
cash: 18.4% of total assets, and 1.6% 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 (no NACE code, micro): better than 81% on solvency, 28% on liquidity, 11% on profitability and 26% on growth.
The bankruptcy probability was computed on 27-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,105
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 days early
2024
29 days late
2023
14 days late
2022
21 days late
2021
31 days late
2020
31 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 18 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
Equity
€92,057▼ 8.1%
2024 · €100,162
Total assets
€93,557▼ 8.4%
2024 · €102,162
Net result
-€8,105▲ 30.6%
2024 · -€11,675
Working capital
€28,171▼ 13.2%
2022 · €32,457
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €8,340 in 2025 against €11,968 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€8,340
2025
Net result-€8,105
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€93,557
2025
Equity€92,057
2025
Debt€1,500
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€28,171
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€4,451--€60,482-€23,211▲ 61.6%-€26,169▼ 12.7%-€17,319▲ 33.8%-€8,645▲ 50.1%-€11,968▼ 38.4%-€8,340▲ 30.3%
Net result€2,563--€71,315-€22,026▲ 69.1%-€26,904▼ 22.1%-€18,501▲ 31.2%-€9,151▲ 50.5%-€11,675▼ 27.6%-€8,105▲ 30.6%
Equity€254,776-€183,461▼ 28.0%€161,435▼ 12.0%€134,532▼ 16.7%€116,030▼ 13.8%€106,879▼ 7.9%€100,162▼ 6.3%€92,057▼ 8.1%
Total assets€280,075-€200,199▼ 28.5%€172,902▼ 13.6%€139,758▼ 19.2%€122,950▼ 12.0%€108,879▼ 11.4%€102,162▼ 6.2%€93,557▼ 8.4%
Debt€25,299-€16,738▼ 33.8%€11,467▼ 31.5%€5,226▼ 54.4%€6,920▲ 32.4%€2,000▼ 71.1%€2,000=€1,500▼ 25.0%
Working capital€147,527-€80,683▼ 45.3%€59,740▼ 26.0%€40,644▼ 32.0%€32,457▼ 20.1%€28,171▼ 13.2%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,557
Fixed assets
€71,060 ▼ 6.3%
Current assets
€22,497 ▼ 14.5%
Equity and liabilities €93,557
Equity
€92,057 ▼ 8.1%
Debt
€1,500 ▼ 25.0%
Debt's share of the balance-sheet total falls from 2.0% to 1.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,558▲
2024 · -€7,103
Cash flow
-€3,323▲
2024 · -€6,809
Debt to equity
0.02▼
2024 · 0.02
ROE
-8.8%▲
2024 · -11.7%
ROA
-8.7%▲
2024 · -11.4%
Interest coverage
-67.87▲
2024 · -72.85
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90.3%
still going
A further 0.5% 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 12,322 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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,039 | €10,039 | €9,797 | €10,226 | €10,314 | €4,865 | €4,865 | €4,783 | ▼ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €10,093 | €0 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €4,260 | €3,323 | €2,944 | €3,411 | €3,504 | ▲ 2.7% |
| Gross operating margin9900 | €17,863 | -€45,713 | -€6,866 | -€1,590 | -€3,682 | -€836 | -€3,691 | -€54 | ▲ 98.5% |
| Operating profit (loss)9901 | €4,451 | -€60,482 | -€23,211 | -€26,169 | -€17,319 | -€8,645 | -€11,968 | -€8,340 | ▲ 30.3% |
| Financial income75/76B | - | - | - | €1,920 | €1,208 | €288 | €391 | €288 | ▼ 26.4% |
| Recurring financial income75 | €2,322 | €3,480 | €3,586 | €1,920 | €1,208 | €288 | €391 | €288 | ▼ 26.4% |
| Financial charges65/66B | - | - | - | €2,654 | €2,390 | €794 | €98 | €52 | ▼ 46.2% |
| Recurring financial charges65 | €3,999 | €16,379 | €2,198 | €2,654 | €2,390 | €794 | €98 | €52 | ▼ 46.2% |
| Profit (loss) for the period before taxes9903 | €2,775 | -€71,085 | -€21,824 | -€26,904 | -€18,501 | -€9,151 | -€11,675 | -€8,105 | ▲ 30.6% |
| Income taxes67/77 | €213 | €230 | €202 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €2,563 | -€71,315 | -€22,026 | -€26,904 | -€18,501 | -€9,151 | -€11,675 | -€8,105 | ▲ 30.6% |
| Profit (loss) for the period to be appropriated9905 | €2,563 | -€71,315 | -€22,026 | -€26,904 | -€18,501 | -€9,151 | -€11,675 | -€8,105 | ▲ 30.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €280,075 | €200,199 | €172,902 | €139,758 | €122,950 | €108,879 | €102,162 | €93,557 | ▼ 8.4% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €123,758 | €112,918 | €105,340 | €95,888 | €85,574 | €80,708 | €75,843 | €71,060 | ▼ 6.3% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €122,951 | €112,913 | €105,340 | €95,888 | €85,574 | €80,708 | €75,843 | €71,060 | ▼ 6.3% |
| Land and buildings22 | - | - | - | €90,439 | €85,574 | €80,708 | €75,843 | €71,060 | ▼ 6.3% |
| Furniture and vehicles24 | - | - | - | €5,449 | €0 | - | - | - | - |
| Financial fixed assets28 | €807 | €5 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €156,318 | €87,282 | €67,563 | €43,870 | €37,377 | €28,171 | €26,319 | €22,497 | ▼ 14.5% |
| Stocks and contracts in progress3 | €74,533 | €15,093 | €10,093 | €0 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €48,149 | €49,919 | €40,903 | €31,310 | €6,879 | €6,733 | €6,607 | €5,002 | ▼ 24.3% |
| Trade receivables40 | - | - | - | €0 | - | €834 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €31,310 | €6,879 | €5,900 | €6,607 | €5,002 | ▼ 24.3% |
| Current investments50/53 | €3,229 | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €28,085 | €19,240 | €12,981 | €10,640 | €29,290 | €21,150 | €19,322 | €17,207 | ▼ 10.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,920 | €1,208 | €288 | €391 | €288 | ▼ 26.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €280,075 | €200,199 | €172,902 | €139,758 | €122,950 | €108,879 | €102,162 | €93,557 | ▼ 8.4% |
| Equity10/15 | €254,776 | €183,461 | €161,435 | €134,532 | €116,030 | €106,879 | €100,162 | €92,057 | ▼ 8.1% |
| Contributions10/11 | €13,642 | €13,642 | - | €13,642 | €13,642 | €13,642 | €20,460 | €20,460 | = |
| Reserves13 | €176,619 | €176,619 | €176,619 | €176,619 | €176,619 | €176,619 | €174,759 | €174,759 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €174,759 | €174,759 | €174,759 | €174,759 | €174,759 | = |
| Profit (loss) carried forward14 | €64,515 | -€6,800 | -€28,826 | -€55,729 | -€74,231 | -€83,382 | -€95,057 | -€103,162 | ▼ 8.5% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €25,299 | €16,738 | €11,467 | €5,226 | €6,920 | €2,000 | €2,000 | €1,500 | ▼ 25.0% |
| Amounts payable after more than one year17 | €14,508 | €8,139 | €1,644 | €0 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €8,791 | €6,598 | €7,823 | €3,226 | €4,920 | €0 | - | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,190 | €0 | - | - | - | - |
| Financial debts43 | - | - | - | - | €4,476 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €4,476 | €0 | - | - | - |
| Trade debts44 | €0 | €0 | €360 | €834 | €444 | €0 | - | - | - |
| Suppliers440/4 | - | - | - | €834 | €444 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €202 | €0 | - | - | - | - |
| Taxes450/3 | - | - | - | €202 | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €1,500 | ▼ 25.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,563 | -€71,315 | -€22,026 | -€26,904 | -€18,501 | -€9,151 | -€11,675 | -€8,105 | ▲ 30.6% |
| + Depreciation and write-downs630 | €10,039 | €10,039 | €9,797 | €10,226 | €10,314 | €4,865 | €4,865 | €4,783 | ▼ 1.7% |
| Operating cash flow (approximation) | €12,601 | -€61,276 | -€12,229 | -€16,678 | -€8,188 | -€4,286 | -€6,809 | -€3,323 | ▲ 51.2% |
| Investment in fixed assets (approximation) | - | €802 | -€2,219 | -€774 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€8,845 | -€6,258 | -€2,342 | €18,650 | -€8,140 | -€1,828 | -€2,115 | ▼ 15.7% |
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 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00136456 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00456784 |
| 31-12-2023 | micro format | 14-08-2024 | 2024-00348645 |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00343498 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20362134 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64500291 |
| 31-12-2019 | micro format | 30-09-2020 | 2020-57300054 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56700436 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58400273 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58400513 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2024
Willy FEYS
CurrentDirector (not named in the articles) · since 13-02-2024
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
1 person since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Willy FEYS |
|
Owners and capital
Capital and shareholders
Capital over the years
- 13-02-2024 Converted to available equity · €15,502.13
Group and network
Connections & network
1 current directorThe 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
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
29-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
14-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 14 days late
13-02
Gazette deed
Resignation: Willy FEYS (manager)Appointment: Willy FEYS (director) · Amendment of the articles · Registered-office move8 facts ▸
Gazette deed
Resignation: Willy FEYS (manager)
Appointment: Willy FEYS (director) · Amendment of the articles · Registered-office move8 facts ▸
- General meeting, 10-01-2024
- Amendment of the articles
- Registered-office move, 3090 Overijse, Vronenberglaan 31
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “beslissingen” (deed in Dutch)
- Director resignation, Willy FEYS (manager)
- Director appointment, Willy FEYS (director (not named in the articles))
- Power of attorney
2023
21-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 21 days late
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
30-09
NBB filing
Annual accounts filed
financial year 2019 · micro format · 61 days late
2019
31-12
Financial
Weakest financial yearnet -€71,315
Net result drops to -€71,315, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 29 days late
2018
30-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 30 days late
2017
31-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 37 annual accounts filed, the latest 10 are here; all 37 are under Financials.
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded15-11-1988
Financial year end31-12
Contact
E-mail
boekhandel-jezus-eik@skynet.be
Phone
026570125
Fax
026575257Overijse
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435887019
Also
9925:BE0435887019
Registered
22-11-2025
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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Overijse · 1 establishment unit since 1988
Ground area
2,196 m²
Building footprint
491 m²
Building volume
3,065 m³
2 parcels, Flanders · tallest building 16.6 m. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 550, 3090 Overijse
since 1988unit no. 2.041.139.227
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23544D0363/00T005 | Flanders | 1,500 m² | 1 · 254 m² | 16.6 m · 1 |
| 23062N0036/00K020 | Flanders | 697 m² | 1 · 237 m² | 12.5 m · 3 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Detail en groothandel, de import- en export van kranten, tijdschriften, snoep, geschenkartikelen, rookwaren, gadgets, frisdranken…” (deed in Dutch)
3 activities (deed in Dutch)
- Detail en groothandel, de import- en export van kranten, tijdschriften, snoep, geschenkartikelen, rookwaren, gadgets, frisdranken, geluidsdragers, textiel, olie-en benzineprodukten en alle aanverwante produkten in de ruimste zin van het woord.
- Uitbating van benzinestation
- Agentuur en vertegenwoordiging in de ruimste zin van het woord
- 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, bestuursorgaan kan exploitatiezetels, administratieve zetels, filialen, agentschappen en depots oprichten in België of…” (deed in Dutch)
- Elected domicileThe address where directors or the company receive official documents.
- “Als hij geen andere woonplaats heeft gekozen in België voor alle betrekkingen met de vennootschap, de zetel” (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.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…” (deed in Dutch)“Hij kan bijzondere machten toekennen aan elke mandataris, Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…” (deed in Dutch)“Deze wordt geboekt op de algemene kosten, los van eventuele representatie-, reis- en verplaatsingskosten, Indien het mandaat van de…” (deed in Dutch)“Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden, De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Kan worden gehouden in elektronische vorm, op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Erfgenamen en legatarissen die geen aandeelhouder van rechtswege worden zijn ertoe gehouden de toestemming van de medeaandeelhouders te…” (deed in Dutch)“Elke overdracht onder levenden en ingevolge overlijden, zowel ten bezwarende titel als ten kosteloze titel, zowel vrijwillig als gedwongen…” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…” (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 19:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…” (deed in Dutch)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “De notulen van de algemene vergadering of van de enige aandeelhouder worden neergelegd in een register dat wordt bewaard op de zetel. Zij…” (deed in Dutch)
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- “Tenzij de algemene vergadering er anders over beslist, doet deze verdaging geen afbreuk aan de andere genomen besluiten. De tweede…” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, een schriftelijke volmacht…” (deed in Dutch)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- 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)
- JurisdictionWhich court has jurisdiction in a dispute about the company.
- “De rechtbank in wiens rechtsgebied de zetel is gevestigd, Voor elk betwisting omtrent de zaken van de vennootschap en de uitvoering van deze…” (deed in Dutch)