ELEX
ActiveSummary
The annual accounts of ELEX for financial year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €10,622 and a net result of -€17,209. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 36% of 3,239 sector peers (NACE 95, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (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.
- Elex
- 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.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- 2 provisions in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Dit besluit geldt tevens voor de eventuele toekomstige bijstortingen van het deel van het in het verleden geplaatste kapitaal van de…” (deed in Dutch)