EXCELSIOR I
ActiveSummary
The computed 12-month bankruptcy probability of EXCELSIOR I is 4.3% (elevated). The 2024 annual accounts show negative equity (-€176,249) and a net result of -€153,571. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2,937 sector peers (NACE 56, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- EXCELSIOR I
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (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 van duur, één of meer bestuurders” (deed in Dutch)“Behalve handelingen die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden met mogelijkheid deel te delegeren” (deed in Dutch)“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, overdrachten en overgangen slechts uitwerking ten aanzien van vennootschap en derden vanaf inschrijving in register der…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s),naar evenredigheid verworven aantal bij meerdere kopers, aandelen of enige…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, voorkeurrecht komt toe aan eigenaar-pandgever” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of April at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, ontbinding 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.
- “Om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen” (deed in Dutch)“Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen, goederen nog in natura op zelfde wijze verdeeld” (deed in Dutch)