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Engimmo

Active
Public limited companyfounded 1992active for 34 yearsMolenstraat 218, 2490 Balen, BelgiumKBO/BCE: BE 0448.092.092
Summary

Engimmo has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194,281 and a net result of -€3,896. Equity remains stable across the filed financial years (±0.9% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“Het beheer van een roerend en onroerend vermogen, als mede alle handelingen die rechtstreeks…” (deed in Dutch)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€199,697total assets 2025
Equity
€194,281
Loss
-€3,896
Turnover not published (abbreviated or micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 15 days early2 of 12 deeds summarised
Why 95lowers riskSize: total assets €199,697Liquidity: current ratio 23.85, cash €127,489Founded in 1992Equity €194,281 (97.3% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 97.3% of total assets
Liquidity 100=
short-term debt 2.7% · cash 63.8%
Profitability 33+1
return on assets -2.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity ample (current ratio 23.85, compared with 40.31 in 2024, above the usual 1.5; short-term debt: 2.7% and cash: 63.8% of total assets), and 2.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 23% on profitability and 38% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €199,697
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 23.85, cash €127,489
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €194,281 (97.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
34 days early
2023
33 days early
2022
34 days early
2021
30 days early
2020
121 days late
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, abbreviated format

Equity
€194,281▼ 2.0%
2024 · €198,177
Total assets
€199,697▼ 1.0%
2024 · €201,639
Net result
-€3,896▲ 14.9%
2024 · -€4,577
Working capital
€123,737▼ 9.1%
2024 · €136,096
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €3,914 in 2025 against €4,585 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,914 2025 Net result-€3,896 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€96,927--€11,376-€9,534▲ 16.2%€88,463-€8,374-€8,809▼ 5.2%-€4,585▲ 47.9%-€3,914▲ 14.6%
Net result€68,229--€5,404-€2,008▲ 62.8%€67,256€962▼ 98.6%€1,095▲ 13.9%-€4,577-€3,896▲ 14.9%
Equity€403,793-€398,389▼ 1.3%€396,381▼ 0.5%€463,637▲ 17.0%€464,599▲ 0.2%€465,695▲ 0.2%€198,177▼ 57.4%€194,281▼ 2.0%
Total assets€538,160-€534,573▼ 0.7%€396,381▼ 25.9%€494,773▲ 24.8%€465,051▼ 6.0%€467,353▲ 0.5%€201,639▼ 56.9%€199,697▼ 1.0%
Debt€134,367-€136,184▲ 1.4%€31,136€452▼ 98.5%€1,658▲ 267%€3,462▲ 109%€5,416▲ 56.4%
Working capital€309,706-€310,434▲ 0.2%€401,640€404,122▲ 0.6%€405,957▲ 0.5%€136,096▼ 66.5%€123,737▼ 9.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,697
Fixed assets €70,544 ▲ 13.6%
Current assets €129,153 ▼ 7.5%
Equity and liabilities €199,697
Equity €194,281 ▼ 2.0%
Debt €5,416 ▲ 56.4%
Debt's share of the balance-sheet total rises from 1.7% to 2.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,199▲
2024 · -€3,743
Cash flow
-€1,180▲
2024 · -€3,734
Current ratio
23.85▼
2024 · 40.31
Debt to equity
0.03▲
2024 · 0.02
ROE
-2.0%▲
2024 · -2.3%
ROA
-2.0%▲
2024 · -2.3%
Debt ≤ 1 year
€5,416▲
2024 · €3,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€201,639€199,697▼
Fixed assets21/28€62,081€70,544▲
Tangible fixed assets22/27€62,081€70,544▲
Land and buildings22€61,753€66,055▲
Plant, machinery and equipment23€328€2,385▲
Furniture and vehicles24-€2,104
Current assets29/58€139,558€129,153▼
Cash at bank and in hand54/58€137,977€127,489▼
Deferred charges and accrued income490/1€1,581€1,664▲
Equity and liabilities
Total equity and liabilities10/49€201,639€199,697▼
Equity10/15€198,177€194,281▼
Contributions10/11€112,719€112,719=
Capital10€112,719€112,719=
Issued capital100€112,719€112,719=
Reserves13€90,035€90,035=
Non-distributable reserves130/1€11,272€11,272=
Legal reserve130€11,272€11,272=
Distributable reserves133€78,763€78,763=
Profit (loss) carried forward14-€4,577-€8,473▼
Amounts payable17/49€3,462€5,416▲
Amounts payable within one year42/48€3,462€5,416▲
Trade debts44-€76
Suppliers440/4-€76
Other amounts payable47/48€3,462€5,340▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€2,715▲
Gross operating margin9900-€3,743-€1,199▲
Operating profit (loss)9901-€4,585-€3,914▲
Financial income75/76B€8€18▲
Recurring financial income75€8€18▲
Profit (loss) for the period before taxes9903-€4,577-€3,896▲
Profit (loss) for the period9904-€4,577-€3,896▲
Profit (loss) for the period to be appropriated9905-€4,577-€3,896▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,577-€8,473▼
Profit (loss) brought forward from the previous period14P--€4,577
Transfer from equity791/2€262,940-
Profit to be distributed694/7€262,940-
Return on contributions (dividend)694€262,940-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,541€7,506€6,904€6,383€1,519€740€843€2,715▲ 222%
Other operating charges640/8---€14,998-----
Gross operating margin9900€120,465-€3,870-€2,630€109,843-€6,855-€8,069-€3,743-€1,199▲ 68.0%
Operating profit (loss)9901€96,927-€11,376-€9,534€88,463-€8,374-€8,809-€4,585-€3,914▲ 14.6%
Financial income75/76B---€8,440€9,861€10,453€8€18▲ 121%
Recurring financial income75€4,392€5,972€7,526€8,440€9,861€10,453€8€18▲ 121%
Financial charges65/66B---€0€84----
Recurring financial charges65-€0-€0€84----
Profit (loss) for the period before taxes9903€101,319-€5,404-€2,008€96,903€1,403€1,644-€4,577-€3,896▲ 14.9%
Income taxes67/77€134,237--€29,647€441€548---
Profit (loss) for the period9904€68,229-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
Profit (loss) for the period to be appropriated9905€264,573-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€538,160€534,573€396,381€494,773€465,051€467,353€201,639€199,697▼ 1.0%
Fixed assets21/28€94,087€87,956€83,377€61,997€60,478€59,738€62,081€70,544▲ 13.6%
Tangible fixed assets22/27€94,087€87,956€83,377€61,997€60,478€59,738€62,081€70,544▲ 13.6%
Land and buildings22---€58,945€58,945€58,945€61,753€66,055▲ 7.0%
Plant, machinery and equipment23---€3,052€1,533€793€328€2,385▲ 628%
Furniture and vehicles24-------€2,104-
Current assets29/58€444,073€446,618€313,004€432,776€404,573€407,615€139,558€129,153▼ 7.5%
Amounts receivable within one year40/41€56,251€73,058€128,786€136,868€146,272----
Other amounts receivable41---€136,868€146,272----
Cash at bank and in hand54/58€386,514€371,983€183,363€294,420€256,673€405,833€137,977€127,489▼ 7.6%
Deferred charges and accrued income490/1---€1,488€1,629€1,782€1,581€1,664▲ 5.3%
Equity and liabilities
Total equity and liabilities10/49€538,160€534,573€396,381€494,773€465,051€467,353€201,639€199,697▼ 1.0%
Equity10/15€403,793€398,389€396,381€463,637€464,599€465,695€198,177€194,281▼ 2.0%
Contributions10/11€112,719€112,719€112,719€112,719€112,719€112,719€112,719€112,719=
Capital10---€112,719€112,719€112,719€112,719€112,719=
Issued capital100---€112,719€112,719€112,719€112,719€112,719=
Reserves13€291,074€291,074€291,074€350,918€351,880€352,975€90,035€90,035=
Non-distributable reserves130/1---€11,272€11,272€11,272€11,272€11,272=
Legal reserve130---€11,272€11,272€11,272€11,272€11,272=
Distributable reserves133---€339,646€340,608€341,703€78,763€78,763=
Profit (loss) carried forward14--€5,404-€7,412----€4,577-€8,473▼ 85.1%
Amounts payable17/49€134,367€136,184-€31,136€452€1,658€3,462€5,416▲ 56.4%
Amounts payable within one year42/48€134,367€136,184-€31,136€452€1,658€3,462€5,416▲ 56.4%
Trade debts44€129€1,947-€1,489€11--€76-
Suppliers440/4---€1,489€11--€76-
Taxes, remuneration and social security45---€29,647€441€548---
Taxes450/3---€29,647€441€548---
Other amounts payable47/48-----€1,110€3,462€5,340▲ 54.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€68,229-€5,404-€2,008€67,256€962€1,095-€4,577-€3,896▲ 14.9%
+ Depreciation and write-downs630€8,541€7,506€6,904€6,383€1,519€740€843€2,715▲ 222%
Operating cash flow (approximation)€76,769€2,102€4,896€73,638€2,481€1,835-€3,734-€1,180▲ 68.4%
Investment in fixed assets (approximation)--€1,375-€2,325€14,998€0€0-€3,186-€11,179▼ 251%
Change in cash--€14,531-€188,621€111,057-€37,747€149,160-€267,855-€10,489▲ 96.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-07-2026 2026-00298281
31-12-2024 micro format 27-06-2025 2025-00187247
31-12-2023 micro format 28-06-2024 2024-00177535
31-12-2022 micro format 27-06-2023 2023-00161244
31-12-2021 micro format 01-07-2022 2022-20118708
31-12-2020 micro format 29-11-2021 2021-78600493
31-12-2019 micro format 30-06-2020 2020-23100260
31-12-2018 micro format 30-07-2019 2019-40400601
31-12-2017 micro format 06-06-2018 2018-17000068
31-12-2016 micro format 13-06-2017 2017-16700369

Show all 33 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, 2 in day-to-day management, last change in 2024

Board 2

ENGELEN Johnny Ferdinand Lydia
Director (not named in the articles) · since 28-12-2023
Current
ENGELEN Sandra Leona Ann
Director (not named in the articles) · since 28-12-2023
Current

Day-to-day management 2

ENGELEN Johnny Ferdinand Lydia
Managing director · since 29-01-2024
Current
ENGELEN Sandra Leona Ann
Managing director · since 29-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
10 of this company's 12 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2023, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ENGELEN Johnny Ferdinand Lydia
  • Director (not named in the articles), since before 28-12-2023
  • Managing director, from 29-01-2024 to date
ENGELEN Sandra Leona Ann
  • Director (not named in the articles), since before 28-12-2023
  • Managing director, from 29-01-2024 to date
Engelen Tommy
  • Director, until 09-08-2023
Kaers Maria
  • Director, until 09-08-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 29-01-2024 Capital stated in the deed · €112,719.46 · 20,500 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 1 September 1992, Engimmo was incorporated.1 In 2023 the registered office moved to Balen.2 Total assets went from €538,160 in 2018 to €199,697 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-09-2023
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
28-06
NBB filing Annual accounts filed
financial year 2023 · micro format
29-01
Gazette deed Reappointments: ENGELEN Sandra Leona Ann (director) and ENGELEN Johnny Ferdinand Lydia (director)
Appointments: ENGELEN Sandra Leona Ann (managing director) and ENGELEN Johnny Ferdinand Lydia (managing director) · Amendment of the articles · Registered office clause13 facts ▸
  • General meeting, 28-12-2023
  • Amendment of the articles (2 times)
  • Registered office clause, “Vlaamse Gewest, bestuursorgaan” (deed in Dutch)
  • Other provision, “terminologische vervangingen, Wetboek van Vennootschappen/W.Venn. vervangen door Wetboek van vennootschappen en verenigingen/WVV” (deed in Dutch)
  • Other provision, “weglatingen en ongewijzigde elementen, bepalingen directiecomité en oude wetsartikelen” (deed in Dutch)
  • Capital, €112,719.46
  • Director reappointment, ENGELEN Sandra Leona Ann (director (not named in the articles))
  • Director reappointment, ENGELEN Johnny Ferdinand Lydia (director (not named in the articles))
  • Board rule, 2
  • Registered office clause, “heden, 2490 Balen, Molenstraat 218” (deed in Dutch)
  • Power of attorney
  • Director appointment, ENGELEN Sandra Leona Ann (managing director)
  • +1 further fact in this act
2023
04-09
Gazette deed Resignations: Kaers Maria (director) and Engelen Tommy (director)
Registered-office move4 facts ▸
  • General meeting, 11-08-2023
  • Director resignation, Kaers Maria (director)
  • Director resignation, Engelen Tommy (director)
  • Registered-office move, Molenstraat 218 te 2490 Balen
27-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Liquidity more than 64 timescurrent ratio 895.67
Current ratio from 13.90 to 895.67; short-term debt falls from €31,136 to €452.
01-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Back to profitnet €67,256
Net result €67,256 after 2 loss-making years.
29-11
NBB filing Annual accounts filed
financial year 2020 · micro format · 121 days late
2020
30-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Weakest financial yearnet -€5,404
Net result drops to -€5,404, the lowest in the series; recovery starts the following year.
Show earlier events
30-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
06-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
13-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
2 of 12 deeds read
About the unread acts

Of the 12 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded01-09-1992
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448092092
Also 9925:BE0448092092
Registered 04-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 1992
registered office establishment The establishment unit on the map
Ground area
1,197 m²
Building footprint
199 m²
Building volume
1,113 m³
Parcel 13342B0887/00A000, Flanders · tallest building 8.3 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ENGIMO NV
Molenstraat 218, 2490 BalenRenting and operating of own or leased residential real estate, excluding social housing
since 1992unit no. 2.058.867.659
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13342B0887/00A000 Flanders 1,197 m² 1 · 199 m² 8.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het beheer van een roerend en onroerend vermogen, als mede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband…” (deed in Dutch)
3 activities (deed in Dutch)
  1. Het beheer van een roerend en onroerend vermogen, als mede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van haar goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing en de verhuring en de terbeschikkingstelling van deze goederen.
  2. De vennootschap kan alle handelingen stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
  3. De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland op alle wijzen en manieren die zij het best geschikt zou achten.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ENGIMMO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bekendmaking in bijlagen Belgisch Staatsblad door toedoen bestuurder(s)” (deed in Dutch)

deed of 29-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Hoogstens zes jaar, algemene vergadering kan mandaat elke bestuurder te allen tijde en zonder opgave redenen met onmiddellijke ingang…” (deed in Dutch)
“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, waarvoor volgens wet of statuten alleen algemene vergadering bevoegd is” (deed in Dutch)
“Bestuursorgaan kan hen op elk ogenblik ontslaan, dagelijks bestuurder respectievelijk persoon gelast kunnen in kader bijzonder volmachten…” (deed in Dutch)
“Plaats in oproepingsbrief bij gebrek zetel, telkens belang vennootschap vereist” (deed in Dutch)
“Tenminste helft leden aanwezig of vertegenwoordigd, elke bestuurder aan collega voor bepaalde raad en stemmen in plaats” (deed in Dutch)
“Besluiten raad weergegeven in notulen, volmachten alsook schriftelijk uitgebrachte adviezen en stemmen aangehecht” (deed in Dutch)
“Mandaat bestuurders niet bezoldigd, behoudens andersluidende beslissing algemene vergadering” (deed in Dutch)

deed of 29-01-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Vrij onder levenden, vrij bij overlijden” (deed in Dutch)

deed of 29-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of April

deed of 29-01-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Één of meer, algemene vergadering” (deed in Dutch)
“Alle verrichtingen vermeld in de wet, algemene vergadering bij gewone meerderheid van stemmen” (deed in Dutch)

deed of 29-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Verhoging en vermindering van het kapitaal, algemene vergadering die beraadslaagt volgens regels voor wijziging statuten” (deed in Dutch)
Other provision: “Aard van de aandelen, vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Other provision: “Aard van de andere effecten, vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Other provision: “Ondeelbaarheid van de aandelen, rechten uitgeoefend door vruchtgebruiker,behoudens andersluidende bijzondere bepaling in statuten,testament…” (deed in Dutch)
Other provision: “Controle vennootschap benoeming commissarissen, een of meer commissarissen” (deed in Dutch)
Other provision: “Toelating tot algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Ieder aandeel één stem onder voorbehoud wettelijke en statutaire aandelen zonder stemrecht, stemrecht” (deed in Dutch)
Other provision: “Één tiende van het kapitaal, bestemming van de winst” (deed in Dutch)
Other provision: “Uitkering van dividenden en interimdividenden, raad van bestuur” (deed in Dutch)
Other provision: “Keuze van woonplaats, geacht woonplaats in zetel voor mededelingen aanmaningen dagvaardingen betekeningen” (deed in Dutch)
3 more provisions in the deed, see the deed of 29-01-2024

deed of 29-01-2024