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ELIN

Active
Private limited companyfounded 1988active for 38 yearsMarkt 18, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0435.220.786
Summary

ELIN has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,163 and a net result of -€1,177. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 87% of 9,770 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very 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.
ELIN
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)

deed of 08-01-2024

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.
“Algemene vergadering die bestuurder(s)benoemt bepaalt hun aantal,duur van opdracht en,indien meerdere bestuurders,hun bevoegdheid, één of…” (deed in Dutch)

deed of 08-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of May at 20:00

deed of 08-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)

deed of 08-01-2024

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

Other provision: “Bestuursbevoegdheid, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, algemene kosten,los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, 3 jaar” (deed in Dutch)
Other provision: “Bestemming winst-reserves, bestuursorgaan binnen grenzen artikelen 5:142 en 5:143 WVV” (deed in Dutch)
5 more provisions in the deed, see the deed of 08-01-2024

deed of 08-01-2024