Ellestate
ActiveSummary
Ellestate has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,778 and a net result of €49,637. Its solvency ranks better than 55% of 2,289 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (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.
- Ellestate
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (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.
- “Benoemd met of zonder beperking van duur;statutair bestuurder mogelijk indien benoemd in statuten, één of meer bestuurders,natuurlijke…” (deed in Dutch)“Geheel van bevoegdheden van bestuurders toegekend met mogelijkheid deel te delegeren, iedere bestuurder alleen optredend mag alle…” (deed in Dutch)“Vergoeding bestuurders, algemene kosten” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Ieder aandeel geeft gelijk recht in winstverdeling en vereffeningsaldo, 100” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of September at 09:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- 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.
- “Aanduiden vereffenaars,omlijnen bevoegdheden,bepalen vergoeding, bestuurder(s) in functie krachtens statuten indien geen andere benoemd” (deed in Dutch)