GEM - EXCEL
ActiveSummary
GEM - EXCEL has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,379 and a net result of -€140,367. Equity is shrinking by about 21% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 15% of 9,723 sector peers (NACE 46, 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.
- GEM-EXCEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bevoegdheden van de raad van bestuur De raad van bestuur is bevoegd om alle hande-lin-gen te verrichten die nodig of dienstig zijn tot…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “optreedt. Organisatie Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, op vijfentwintig juni om elf…” (deed in Dutch)