ERMIS
ActiveSummary
The computed 12-month bankruptcy probability of ERMIS is 1.5% (moderate). The annual accounts of ERMIS for financial year 2025 show a net loss of 69% of total assets and of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €4,106 and a net result of -€17,255. Equity is shrinking by about 5.9% per year across the filed financial years. Its solvency ranks better than 22% of 1,301 sector peers (NACE 95, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La location et la sous-location mobilière et immobilière; Le courtage, l’importation et l’exportation de matériel et de produits…” (deed in French)
6 activities (deed in French)
- La location et la sous-location mobilière et immobilière
- Le courtage, l’importation et l’exportation de matériel et de produits d’alimentation générale
- L’activité publicitaire tant dans le domaine de l’édition que dans le domaine de prospection
- Tout commerce et réparation de matière de vêtements
- S’intéresser directement ou indirectement dans toutes affaires, entreprises, associations, institutions dont l’objet serait similaire, connexe au sien ou simplement utile à l’extension des opérations ou à la réalisation de tout ou partie de son objet
- Faire toutes opérations mobilières ou immobilières, commerciales, industrielles et financières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter la réalisation
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, n’entraîne pas de changement en matière de régime linguistique applicable à la société” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)“Portée aux frais généraux, indépendamment des frais éventuels de représentation, voyages et déplacements, l’assemblée générale décide si le…” (deed in French)
- 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.
- “Nominatives, registre des actions nominatives” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Chaque action confère un droit égal, assemblée générale sur proposition de l'organe d'administration” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 14:00
- Meeting ruleHow the company's meetings are run.
- 2 provisions in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Valable pour chaque assemblée suivante sur mêmes points d'ordre du jour sauf cession, 5 jours avant l'assemblée” (deed in French)1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed