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FENCITY

Active
Private limited companyfounded 2011active for 15 yearsJaargetijdenlaan 90, 1050 Elsene, Belgium44 active companies are registered at this addressKBO/BCE: BE 0838.659.723
Summary

FENCITY has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,574 and a net result of -€613. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 2,749 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very 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.
FENCITY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, 2.Siège” (deed in French)

deed of 26-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Fixe ou proportionnelle, rémunération des administrateurs” (deed in French)

deed of 26-02-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“On omet” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Actions nouvelles à souscrire en numéraire, selon modalités arrêtées par la gérance” (deed in French)

deed of 26-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 26-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“22, à tout temps par assemblée générale dans formes modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“23, dissolution pour quelque cause et à quelque moment” (deed in French)

deed of 26-02-2024

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

Other provision: “Compte de capitaux propres statutairement indisponible, 5000” (deed in French)
Other provision: “Appels de fonds, assemblée générale conformément au Code des sociétés et des associations” (deed in French)
Other provision: “Nominatives, nature des actions” (deed in French)
Other provision: “Acompte sur dividende, articles 5:142 et 5:143 du Code des sociétés et des associations” (deed in French)
Other provision: “3 ans, contrôle de la société” (deed in French)
Other provision: “Admission assemblée générale, 16” (deed in French)
Other provision: “Séances-procès-verbaux, 17” (deed in French)
Other provision: “Chaque action une voix sauf actions sans droit de vote, délibérations” (deed in French)
Other provision: “Répartition-réserves, 21” (deed in French)
Liquidation distribution: “24, actif net réparti entre actionnaires en proportion actions, biens conservés remis même proportion” (deed in French)
Other provision: “Communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, 26” (deed in French)
3 more provisions in the deed, see the deed of 26-02-2024

deed of 26-02-2024