ELMAN
ActiveSummary
ELMAN has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,859 and a net result of €669. Equity is shrinking by about 3.9% per year across the filed financial years. Its solvency ranks better than 35% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (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.
- ELMAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover geen wijziging taalregime, bij enkel besluit bestuursorgaan administratieve…” (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.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, benoemd met of zonder beperking duur,indien…” (deed in Dutch)“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel bevoegdheden toegekend met mogelijkheid deel te delegeren” (deed in Dutch)“Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, indien bezoldigd bepaalt algemene vergadering met absolute…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Alle aandelen op naam met volgnummer, overdrachten en overgangen slechts uitwerking jegens vennootschap en derden vanaf inschrijving…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, nieuwe aandelen waarop in geld wordt ingeschreven eerst aangeboden aan…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of March at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, Artikel 23” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed