Excelsior Projects
ActiveSummary
Excelsior Projects has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €365,091 and a net result of €13,724. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 56% of 9,643 sector peers (NACE 68, financial year 2024). 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.
- Excelsior Projects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2.Zetel” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, met of zonder beperking duur” (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.
- “Op naam, aandelen” (deed in Dutch)“Aard andere effecten, titularis kan elk ogenblik omzetting in effecten op naam vragen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Bestuursorgaan, aangetekende brief” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed