elTHYC
ActiveSummary
elTHYC has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €246,938. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 40% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groothandel in elektro-technisch materiaal,verlichting,elektrische verwarming,alarminstallaties,domotica,sanitaire apparaten en…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Groothandel in elektro-technisch materiaal,verlichting,elektrische verwarming,alarminstallaties,domotica,sanitaire apparaten en artikelen,keukenmeubelen,ijzerwaren,apparaten en toebehoren voor centrale verwarmingsinstallaties,machines,werktuigmachines,gereedschap en toebehoren voor de houtbewerking en metaalbewerking,door een motor aangedreven machines,pneumatische machines en hydraulische machines,materieel voor aannemers,radio-elektrische toestellen en materieel,elektrische apparaten en artikelen voor huishouding en verlichting,niet elders genoemde machines,toestellen en werktuigen voor handels- en nijverheidsgebruik.Invoerhandel van menigvuldige goederen.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ELTHYC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 3” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, al dan niet aandeelhouder” (deed in Dutch)“Één of meer, voor duur van bestaan” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- 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.
- “Volgestort bij uitgifte” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of December at 19:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd” (deed in Dutch)