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ExplendIT

Active
Private limited companyfounded 2017active for 9 yearsMagdalena Vermeeschlaan 27, 2540 Hove, BelgiumKBO/BCE: BE 0677.977.837
Summary

ExplendIT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,137 and a net result of €57,947. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 55% of 3,369 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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ExplendITActiveChecked score 95/100
Risk analysis ReportCompare

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.
ExplendIT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, adres kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…” (deed in Dutch)

deed of 18-08-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde of onbepaalde duur, één of meer personen” (deed in Dutch)

deed of 18-08-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Niet hoger dan intrinsieke waarde, datum afgifte aan post respectievelijk verzending per e-mail” (deed in Dutch)

deed of 18-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of December at 19:00

deed of 18-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Werking van het bestuur, tenminste helft leden aanwezig of vertegenwoordigd” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, onbezoldigd behoudens uitdrukkelijk andersluidende beslissing algemene vergadering” (deed in Dutch)
Other provision: “Dagelijks bestuur, dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Other provision: “Belangenconflict-onthoudingsplicht, beslissingen of verrichtingen onder bevoegdheid waarbij bestuurder rechtstreeks of onrechtstreeks belang…” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, als aandeelhouder ingeschreven in aandelenregister” (deed in Dutch)
Other provision: “Elk aandeel gelijk aandeel in winstverdeling, bestemming winst-reserves-uitkeringen” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden lasten kosten vereffening en consignatie nodige sommen en na herstelling evenwicht tussen aandelen bij…” (deed in Dutch)
3 more provisions in the deed, see the deed of 18-08-2023

deed of 18-08-2023

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