Exel Composites
Dissolution or liquidationThe KBO register currently lists the legal status of Exel Composites as dissolution or liquidation, with no start date. Dissolved on 31-03-2025, in liquidation; liquidators: Trees Vulysteke, VUYLSTEKE Trees and Maude MERTENS.
Summary
The 2025 annual accounts show negative equity (-€3.2m) and a net result of -€14,394.
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.
- Exel Composites
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars treden pas in functie na bevestiging door voorzitter, niet alle schuldeisers kunnen volledig worden terugbetaald” (deed in Dutch)