ELIAN
ActiveSummary
ELIAN has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,828 and a net result of €8,752, of which €11,801 non-recurring income. Equity is shrinking by about 14% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 21% of 2,289 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (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.
- ELIAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering” (deed in Dutch)“Algemene kosten, algemene vergadering” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, geen beroep op…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, orgaan dat overgaat tot uitgifte” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed