ELINE
ActiveSummary
ELINE has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,633 and a net result of €63,140. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 53% of 22,576 sector peers (NACE 47, 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.
- ELINE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, iedere verandering door zorgen van bestuursorgaan in bijlage tot Belgisch Staatsblad” (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 of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Rechten uitgeoefend door regelmatig in bezit getreden of gestelde erfgenamen of legatarissen naar evenredigheid van rechten in nalatenschap…” (deed in Dutch)“Overgang bij overlijden en overdracht onder levenden, voorafgaande bijzondere en geschreven toestemming van alle aandeelhouders” (deed in Dutch)“Tegenwerpelijkheid overdracht, verklaring van overdracht ingeschreven in register van aandelen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, eerst aangeboden aan bestaande aandeelhouders naar evenredigheid van aantal aandelen dat…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of December at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, besluit algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheid om vereffenaars te benoemen en macht en bezoldiging vast te stellen, bij gebrek aan benoeming treden…” (deed in Dutch)