ELECT-ONE
ActiveSummary
The computed 12-month bankruptcy probability of ELECT-ONE is 2.1% (moderate). The 2025 annual accounts show equity of €162,124 and a net result of €41,065. Its solvency ranks better than 44% of 9,327 sector peers (NACE 41, financial year 2025). The company has been active since 2023 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.
- ELECT-ONE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels oprichten of opheffen bij enkel besluit bestuursorgaan voor zover geen wijziging taalregime” (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.
- “Één of meer bestuurders, algemene vergadering” (deed in Dutch)“Alle handelingen nodig of nuttig voor verwezenlijking voorwerp behalve wet of statuten aan algemene vergadering voorbehouden, geheel…” (deed in Dutch)“Algemene kosten los van representatie-,reis- en verplaatsingskosten, vaste of evenredige vergoeding” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting prijs door deskundige, na aftrek van aandelen waarvan overdracht wordt…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen vanaf openstelling intekening, nieuwe aandelen eerst aangeboden aan bestaande aandeelhouders naar evenredigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of September at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door algemene vergadering volgens vereisten statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd;algemene vergadering mag een of…” (deed in Dutch)