Functional-IT
ActiveSummary
Functional-IT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,195 and a net result of €5,821. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 78% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (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.
- FUNCTIONAL-IT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen,vestigingseenheden en bijkantoren in België…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering kan mandaat van al dan niet in statuten benoemde bestuurder steeds beëindigen wegens wettige…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, met inachtneming van vereisten voor statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onmiddellijke sluiting van de vereffening, onder wettelijk bepaalde voorwaarden” (deed in Dutch)“Benoeming van vereffenaars, zijn er geen vereffenaars benoemd of aangewezen,dan worden bestuurders in functie op tijdstip ontbinding ten…” (deed in Dutch)