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Private limited companyfounded 2008active for 17 yearsGrand'Place(R) 21, 7070 Le Roeulx, BelgiumKBO/BCE: BE 0808.366.128
Summary

GEXI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €122,749 and a net result of €35,407. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 49% of 3,040 sector peers (NACE 66, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Insurance agents and brokers
NACE 66220
Size
≈ €170,000turnover 2025, estimated
Equity
€122,749
Profit
€35,407
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
2025 accounts 1 day early1 of 2 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
2 days early
2022
7 days early
2021
4 days early
2020
11 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 66) for financial year 2024 is 5 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €35,407 ▲21.6%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€122,749▲ 14.4%
2024 · €107,342
Net result
€35,407▲ 21.6%
2024 · €29,106
Total assets
€250,913▲ 1.9%
2024 · €246,132
Solvency
48.9%▲ 5.3pp
2024 · 43.6%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 7% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€47,514 2025 Net result€35,407 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€4,897-€11,632▲ 138%€15,134▲ 30.1%€39,724▲ 162%€29,609▼ 25.5%€38,904▲ 31.4%€44,552▲ 14.5%€47,514▲ 6.6%
Net result-€1,252-€5,957€8,648within the sector's middle half▲ 45.2%€27,885within the sector's middle half▲ 222%€16,878within the sector's middle half▼ 39.5%€25,875within the sector's middle half▲ 53.3%€29,106within the sector's middle half▲ 12.5%€35,407within the sector's middle half▲ 21.6%
Equity€37,993-€43,950▲ 15.7%€52,597within the sector's middle half▲ 19.7%€80,483within the sector's middle half▲ 53.0%€87,361within the sector's middle half▲ 8.5%€98,236within the sector's middle half▲ 12.4%€107,342within the sector's middle half▲ 9.3%€122,749within the sector's middle half▲ 14.4%
Total assets€251,694-€231,841▼ 7.9%€221,790within the sector's middle half▼ 4.3%€228,942within the sector's middle half▲ 3.2%€224,681within the sector's middle half▼ 1.9%€226,437within the sector's middle half▲ 0.8%€246,132within the sector's middle half▲ 8.7%€250,913within the sector's middle half▲ 1.9%
Debt€213,701-€187,891▼ 12.1%€169,193▼ 10.0%€148,459▼ 12.3%€137,320▼ 7.5%€128,201▼ 6.6%€138,790▲ 8.3%€128,165▼ 7.7%
Working capital-€12,088--€4,601▲ 61.9%€5,372within the sector's middle half€33,849within the sector's middle half▲ 530%€34,051within the sector's middle half▲ 0.6%€33,321within the sector's middle half▼ 2.1%€37,670within the sector's middle half▲ 13.1%€48,211within the sector's middle half▲ 28.0%
Solvency15.1%-19.0%▲ 3.9pp23.7%within the sector's middle half▲ 4.8pp35.2%within the sector's middle half▲ 11.4pp38.9%within the sector's middle half▲ 3.7pp43.4%within the sector's middle half▲ 4.5pp43.6%within the sector's middle half▲ 0.2pp48.9%within the sector's middle half▲ 5.3pp
Current ratio0.77-0.91▲ 0.141.10within the sector's middle half▲ 0.191.58within the sector's middle half▲ 0.481.56within the sector's middle half▼ 0.021.52within the sector's middle half▼ 0.041.44within the sector's middle half▼ 0.081.57within the sector's middle half▲ 0.13
Return on assets (ROA)-0.5%-2.6%▲ 3.1pp3.9%within the sector's middle half▲ 1.3pp12.2%within the sector's middle half▲ 8.3pp7.5%within the sector's middle half▼ 4.7pp11.4%within the sector's middle half▲ 3.9pp11.8%within the sector's middle half▲ 0.4pp14.1%within the sector's middle half▲ 2.3pp
above within below the middle half of NACE 66, Activities auxiliary to financial services and insurance activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250,913
Fixed assets €117,400 ▼ 4.3%
Current assets €133,514 ▲ 8.1%
Equity and liabilities €250,913
Equity €122,749 ▲ 14.4%
Debt €128,165 ▼ 7.7%
Debt's share of the balance-sheet total falls from 56.4% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
28.8%▲
2024 · 27.1%
Debt ≤ 1 year
€85,302▼
2024 · €85,802
Debt > 1 year
€31,684▼
2024 · €44,505
Income taxes
€8,128▼
2024 · €10,529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€246,132€250,913▲
Fixed assets21/28€122,660€117,400▼
Tangible fixed assets22/27€91,608€86,348▼
Land and buildings22€80,508€76,383▼
Furniture and vehicles24€2,857€3,539▲
Other tangible fixed assets26€8,244€6,426▼
Financial fixed assets28€31,052€31,052=
Current assets29/58€123,472€133,514▲
Amounts receivable within one year40/41€9,400€4,500▼
Other amounts receivable41€9,400€4,500▼
Current investments50/53€19,709€32,735▲
Cash at bank and in hand54/58€83,044€86,368▲
Deferred charges and accrued income490/1€11,318€9,910▼
Equity and liabilities
Total equity and liabilities10/49€246,132€250,913▲
Equity10/15€107,342€122,749▲
Contributions10/11€21,000€21,000=
Reserves13€77,000€97,000▲
Distributable reserves133€77,000€97,000▲
Profit (loss) carried forward14€9,342€4,749▼
Amounts payable17/49€138,790€128,165▼
Amounts payable after more than one year17€44,505€31,684▼
Financial debts170/4€44,505€31,684▼
Amounts payable within one year42/48€85,802€85,302▼
Current portion of amounts payable after more than one year42€14,054€12,821▼
Taxes, remuneration and social security45€19,023€19,163▲
Taxes450/3€11,000€14,128▲
Remuneration and social security454/9€8,023€5,035▼
Other amounts payable47/48€52,725€53,318▲
Accrued charges and deferred income492/3€8,483€11,179▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,162€6,953▲
Other operating charges640/8€2,253€1,927▼
Gross operating margin9900€52,968€56,394▲
Operating profit (loss)9901€44,552€47,514▲
Financial income75/76B€50€130▲
Recurring financial income75€50€130▲
Financial charges65/66B€4,967€4,110▼
Recurring financial charges65€4,967€4,110▼
Profit (loss) for the period before taxes9903€39,635€43,535▲
Income taxes67/77€10,529€8,128▼
Profit (loss) for the period9904€29,106€35,407▲
Profit (loss) for the period to be appropriated9905€29,106€35,407▲
Appropriation of the result
Profit (loss) to be appropriated9906€29,342€44,749▲
Profit (loss) brought forward from the previous period14P€236€9,342▲
Transfer to equity691/2-€20,000
To other reserves6921-€20,000
Profit to be distributed694/7€20,000€20,000=
Return on contributions (dividend)694€20,000€20,000=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€1,978€1,978----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,837€24,972€24,649€23,998€9,811€10,194€6,162€6,953▲ 12.8%
Other operating charges640/8---€1,445€1,755€2,302€2,253€1,927▼ 14.5%
Gross operating margin9900€31,773€38,026€41,273€67,146€43,153€51,400€52,968€56,394▲ 6.5%
Operating profit (loss)9901€4,897€11,632€15,134€39,724€29,609€38,904€44,552€47,514▲ 6.6%
Financial income75/76B----€1€899€50€130▲ 162%
Recurring financial income75----€1€899€50€130▲ 162%
Financial charges65/66B---€5,063€5,544€4,701€4,967€4,110▼ 17.3%
Recurring financial charges65€5,975€5,586€5,083€5,063€5,544€4,701€4,967€4,110▼ 17.3%
Profit (loss) for the period before taxes9903-€1,078€6,046€10,052€34,661€24,066€35,102€39,635€43,535▲ 9.8%
Income taxes67/77€174€89€1,404€6,776€7,187€9,228€10,529€8,128▼ 22.8%
Profit (loss) for the period9904-€1,252€5,957€8,648€27,885€16,878€25,875€29,106€35,407▲ 21.6%
Profit (loss) for the period to be appropriated9905-€1,252€5,957€8,648€27,885€16,878€25,875€29,106€35,407▲ 21.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€251,694€231,841€221,790€228,942€224,681€226,437€246,132€250,913▲ 1.9%
Fixed assets21/28€210,118€185,146€160,497€136,499€129,445€128,823€122,660€117,400▼ 4.3%
Tangible fixed assets22/27€179,067€154,094€129,445€105,447€98,393€97,771€91,608€86,348▼ 5.7%
Land and buildings22---€97,191€90,781€84,634€80,508€76,383▼ 5.1%
Furniture and vehicles24-----€3,076€2,857€3,539▲ 23.9%
Other tangible fixed assets26---€8,256€7,612€10,061€8,244€6,426▼ 22.0%
Financial fixed assets28€31,052€31,052€31,052€31,052€31,052€31,052€31,052€31,052=
Current assets29/58€41,575€46,694€61,293€92,443€95,236€97,614€123,472€133,514▲ 8.1%
Amounts receivable within one year40/41€4,076€4,083€14,089€4,200€6,700€8,919€9,400€4,500▼ 52.1%
Trade receivables40----€2,200----
Other amounts receivable41---€4,200€4,500€8,919€9,400€4,500▼ 52.1%
Current investments50/53----€14,151€16,473€19,709€32,735▲ 66.1%
Cash at bank and in hand54/58€8,137€15,789€25,208€62,110€58,787€64,936€83,044€86,368▲ 4.0%
Deferred charges and accrued income490/1---€26,133€15,598€7,285€11,318€9,910▼ 12.4%
Equity and liabilities
Total equity and liabilities10/49€251,694€231,841€221,790€228,942€224,681€226,437€246,132€250,913▲ 1.9%
Equity10/15€37,993€43,950€52,597€80,483€87,361€98,236€107,342€122,749▲ 14.4%
Contributions10/11€19,000€19,000€19,000€19,000€19,000€21,000€21,000€21,000=
Capital10---€19,000€19,000----
Issued capital100---€19,000€19,000----
Reserves13€18,000€24,000€33,000€61,000€68,000€77,000€77,000€97,000▲ 26.0%
Non-distributable reserves130/1---€2,000€2,000----
Legal reserve130---€2,000€2,000----
Distributable reserves133---€59,000€66,000€77,000€77,000€97,000▲ 26.0%
Profit (loss) carried forward14€993€950€597€483€361€236€9,342€4,749▼ 49.2%
Amounts payable17/49€213,701€187,891€169,193€148,459€137,320€128,201€138,790€128,165▼ 7.7%
Amounts payable after more than one year17€156,929€133,509€110,088€86,667€72,613€58,559€44,505€31,684▼ 28.8%
Financial debts170/4---€86,667€72,613€58,559€44,505€31,684▼ 28.8%
Amounts payable within one year42/48€53,663€51,296€55,921€58,594€61,185€64,293€85,802€85,302▼ 0.6%
Current portion of amounts payable after more than one year42---€23,421€14,054€14,054€14,054€12,821▼ 8.8%
Taxes, remuneration and social security45---€5,700€6,887€3,610€19,023€19,163▲ 0.7%
Taxes450/3---€5,700€6,887€1,017€11,000€14,128▲ 28.4%
Remuneration and social security454/9-----€2,593€8,023€5,035▼ 37.2%
Other amounts payable47/48---€29,473€40,244€46,629€52,725€53,318▲ 1.1%
Accrued charges and deferred income492/3---€3,198€3,521€5,349€8,483€11,179▲ 31.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,252€5,957€8,648€27,885€16,878€25,875€29,106€35,407▲ 21.6%
+ Depreciation and write-downs630€25,837€24,972€24,649€23,998€9,811€10,194€6,162€6,953▲ 12.8%
Operating cash flow (approximation)€24,585€30,929€33,297€51,884€26,689€36,068€35,269€42,360▲ 20.1%
Investment in fixed assets (approximation)-€0€0€0-€2,757-€9,571€0-€1,693-
Change in cash-€7,651€9,419€36,903-€3,324€6,150€18,108€3,324▼ 81.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 30-07-2026 2026-00358253
31-12-2024 micro format 30-07-2025 2025-00341249
31-12-2023 micro format 29-07-2024 2024-00307433
31-12-2022 micro format 24-07-2023 2023-00273054
31-12-2021 micro format 27-07-2022 2022-20250094
31-12-2020 micro format 20-07-2021 2021-37800291
31-12-2019 micro format 27-07-2020 2020-34800090
31-12-2018 micro format 25-07-2019 2019-39200185
31-12-2017 micro format 09-08-2018 2018-44600478
31-12-2016 micro format 21-08-2017 2017-45500206

Show all 17 filings

Similar companies · same sector, comparable size

Of the 4,604 active companies whose main activity is insurance agents and brokers (NACE 66220), figures are known for 3,225. 2,755 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
ZIMMER Maxime Xavier
Statutory director · since 13-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ZIMMER Maxime Xavier
  • Manager (not named in the articles), until 13-12-2023
  • Statutory director, from 13-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 13-12-2023 Converted to unavailable equity · €21,000

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of GEXI and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 11 December 2008, GEXI was incorporated.1 In 2023 the registered office moved to Le Roeulx.2 Total assets went from €251,694 in 2018 to €250,913 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2018 to 2025net €35,407 ▲21.6%
Operating result €47,514, net result €35,407, both a record.
30-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Equity above €100,000equity €107,342 ▲9.3%
6 profitable years in a row build equity to €107,342.
29-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
13-12
Gazette deed Appointment: ZIMMER Maxime Xavier (statutory director)
Resignation: ZIMMER Maxime Xavier (manager) · Reappointment: ZIMMER Maxime Xavier (statutory director) · Registered-office move16 facts ▸
  • General meeting, 07-12-2023
  • Registered-office move, 7070 Le Roeulx, Grand’Place, 21
  • Other provision, “dispense de lecture du rapport article 5:101 et dépôt au greffe, rapport établi conformément à l’article 5:101 du Code des Sociétés et des Associations” (deed in French)
  • Purpose change
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Other provision, “suppression du compte de capitaux propres statutairement indisponible créé en application de l’article 39, § 2, deuxième alinéa de la loi du 23-03-2019”, 21000 (deed in French)
  • Legal-form conversion, “société à responsabilité limitée (SRL)” (deed in French)
  • Capital
  • Director appointment, ZIMMER Maxime Xavier (statutory director)
  • Director resignation, ZIMMER Maxime Xavier (manager (not named in the articles))
  • Director reappointment, ZIMMER Maxime Xavier (statutory director)
  • +4 further facts in this act
24-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
27-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
20-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
27-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Back to profitnet €5,957
Net result €5,957 after one loss-making year.
25-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
09-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 9 days late
2017
21-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 21 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded11-12-2008
Financial year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Le Roeulx
exact location from the address register On OpenStreetMap
Ground area
330 m²
Building footprint
79 m²
Building volume
780 m³
Parcel 55035E0266/00C000, Wallonia · tallest building 11.6 m. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
55035E0266/00C000
ProtectedSite or landscapeGrand-Place et maison portant le n°35Source ↗
Wallonia 330 m² 1 · 79 m² 11.6 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes activités de courtier d’assurances; Toutes études, toutes activités et toutes prestations de services intellectuels ou matériels se…” (deed in French)
11 activities (deed in French)
  1. Toutes activités de courtier d’assurances
  2. Toutes études, toutes activités et toutes prestations de services intellectuels ou matériels se rapportant à la profession de géomètre-expert immobilier, et plus précisément toutes opérations relatives à l’étude et à la réalisation de projets relatifs à l’immobilier, l’élaboration et la conception de plans, relevés topographiques, de lotissements destinés ou non à la construction, les expertises immobilières et immobilières, le mesurage, le bornage, l’état des lieux
  3. Toutes activités de syndic d’immeuble et de gestion immobilière, en ce compris la négociation, la publicité et le développement pour compte de tiers de tous biens immobiliers
  4. L’activité d’agent immobilier, en ce compris l’achat, la vente, la location, le timesharing et la valorisation de tous biens immobiliers
  5. Toutes activités de gestion d’un bureau comptable
  6. Toutes activités de société de management
  7. La formation, la gestion et le conseil dans toutes les matières non réglementées
  8. La représentation de sociétés tant en Belgique qu’à l’étranger
  9. Le conseil en marketing, en ce compris la réalisation d’études de marché et de service, conseil en entreprise, et en général toute activité de promotion du commerce international
  10. L’étude et l’aide au montage de projets industriels et commerciaux, en Belgique et à l’étranger
  11. L’activité d’intermédiaire commercial

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GEXI
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, peut établir par simple décision de l’organe d’administration des sièges administratifs, d'exploitation, agences et…” (deed in French)

deed of 13-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“personne morale. Ce représentant est soumis aux mêmes conditions et encourt les mêmes responsabilités civiles et pénales que s'il exerçait…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Rémunération administrateur, assemblée générale” (deed in French)

deed of 13-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Égal au montant du prix de cession ou d'adjudication, cédant ou adjudicataire” (deed in French)

deed of 13-12-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
No statutory auditor
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Les plus étendus conférés par articles 2:87 et suivants CSA, état actif et passif joint au rapport article 2:71 CSA” (deed in French)

deed of 13-12-2023

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

Other provision: “Droits exercés par l'usufruitier, vote par l'usufruitier en cas de démembrement” (deed in French)
Other provision: “Actions inscrites dans un registre, registre des actions” (deed in French)
Other provision: “Siège ou endroit indiqué dans la convocation, assemblées générales” (deed in French)
Other provision: “Séance tenante, prorogation assemblée” (deed in French)
Other provision: “Un administrateur ou,défaut,actionnaire présent détenant le plus d'actions, présidence,délibérations,procès-verbaux” (deed in French)
Other provision: “Affectation du bénéfice, réduit de la perte reportée ou majoré du bénéfice reporté” (deed in French)
Liquidation distribution: “Réparti également entre toutes les actions, actif net entre actionnaires au prorata du nombre d'actions” (deed in French)
Other provision: “Élection de domicile, exécution des statuts” (deed in French)
Other provision: “Droit commun, réputées faire partie des statuts” (deed in French)
1 more provision in the deed, see the deed of 13-12-2023

deed of 13-12-2023