EXCHANGE
ActiveFrom the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
EXCHANGE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€16,297) and a net result of -€40,930. Equity has been shrinking by about 32% per year since 2018. Its solvency ranks better than 12% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Directors
Directors
2 directors, last change in 2024
DETANDT François
Current
Director (not named in the articles) · since 05-05-2009 · listed in the 2025 annual accounts, filed on 14-08-2026
SOETENS Paulette
Current
Director (not named in the articles) · since 05-05-2009 · listed in the 2025 annual accounts, filed on 14-08-2026
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DETANDT François |
|
| SOETENS Paulette |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 20. Représentation de la société 1. Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “6 ans au plus, 5”“Immédiatement après l'assemblée générale qui a procédé à la réélection, les administrateurs sortants sont rééligibles”“L'administrateur coopté termine le mandat de son prédécesseur sauf décision contraire de l'assemblée générale, les administrateurs restants…”1 more provision on this in the deed
Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Contrôle de la situation financière, des comptes annuels et de la régularité des opérations à constater dans les comptes annuels, contrôle”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Les biens qui subsistent en nature sont répartis de la même façon., Après paiement de toutes les dettes, charges et frais de liquidation, ou…”
Articles of association, deed of 11-01-2024
Owners and capital
Capital transactions
Capital over time
- 11-01-2024 Capital stated in the deed · €62,000 · 1,500 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives tenu au siège social”
- Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
- “Cette obligation prend fin lorsque le fonds de réserve atteint un-dixième du capital social., L’obligation renaît si la réserve légale est…”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 11-01-2024 (in French)