EUSSEN ENGINEERING
ActiveSummary
The annual accounts of EUSSEN ENGINEERING for financial year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €3,595 and a net result of -€11,301. Equity is shrinking by about 25% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 11% of 11,752 sector peers (NACE 71, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (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.
- EUSSEN ENGINEERING
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan” (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.
- “Met of zonder beperking, bestuursorgaan” (deed in Dutch)“Geheel bevoegdheden met mogelijkheid deel te delegeren, iedere bestuurder alleen alle handelingen nodig of nuttig voor voorwerp behalve wet…” (deed in Dutch)“Algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)“1” (deed in Dutch)
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.
- “Vermelde prijs of bij betwisting door deskundige, helft overdrager helft koper(s) naar evenredigheid aantal bij meerdere kopers” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, 15” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 17:00
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.
- “Vormen vereist voor statutenwijziging, ontbinding bij beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)