ELSsense
ActiveSummary
ELSsense has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149 and a net result of -€4,851. Its solvency ranks better than 10% of 38,753 sector peers (NACE 70, 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.
- ELSsense
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, een of meer bestuurders” (deed in Dutch)“Behoudens andersluidende beslissing algemene vergadering, algemene vergadering met absolute meerderheid of enige aandeelhouder” (deed in Dutch)“Zelfs statutair en zonder duurbeperking te allen tijde ontslaanbaar door enige aandeelhouder tenzij benoemd voor bepaalde duur of voor…” (deed in Dutch)1 more provision on this in the deed
- Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
- “Vaste vertegenwoordiger” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal bij meer kopers, nietigheid” (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 June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)“Vennootschap van rechtswege ontbonden, overlijden enige aandeelhouder zonder dat aandelen op gerechtigde overgaan” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en wanneer ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en…” (deed in Dutch)