GILLY CONSTRUCTIONS
ActiveSummary
GILLY CONSTRUCTIONS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,864 and a net result of €204,230. Equity is shrinking by about 3.6% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
“Tous travaux de construction, de réfection et d’entretien des routes” (deed in French)
From the articles, 19 activitiesNo NACE code in the KBO yet1 site
Size
€151,996total assets 2025
- Equity
- €136,864
- Profit
- €204,230
Turnover not published (micro format)
Structure
- DONGIOVANNI Roberto MicheleDirector
- Ludovic LEFEVREDirector
2025 accounts 1 day early2 of 5 deeds summarised
Why 95raises riskLiquidity: current ratio 10.04, cash €113lowers riskSize: total assets €151,996Founded in 1990Equity €136,864 (90.0% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency
100+94
equity 90.0% of total assets
Liquidity
50+50
short-term debt 10.0% · cash 0.1%
Profitability
100+66
return on assets 134.4%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.4%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.7%▼ -0.7 percentage points vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.8%▲ +0.1 percentage points vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.7 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity ample (current ratio 10.04, compared with 0.84 in 2024, above the usual 1.5; short-term debt: 10% and cash: 0.1% of total assets), and 10% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 39% on liquidity, 90% on profitability and 97% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
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Signals
Five signals.
lowers riskraises riskneutral
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 filingsDeviation from the deadline
2025
1 day early
2024
1 day early
2023
30 days late
2022
on the day
2021
on the day
2020
on the day
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Appointment: Ludovic LEFEVRE (director)Resignation: Roberto DONGIOVANNI (director) ·…
- Back to profitnet €204,230
Financials · financial year 2025, micro format
Equity
€136,864
2024 · -€67,366
Total assets
€151,996▼ 56.3%
2024 · €347,894
Net result
€204,230
2024 · -€4,418
Working capital
€136,864
2024 · -€67,366
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €214,146 after a loss of €3,684 in 2024, 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€214,146
2025
Net result€204,230
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€151,996
2025
Equity€136,864
2025
Debt€15,132
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€136,864
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€26,578--€3,337▲ 87.4%-€17,066▼ 411%-€1,802▲ 89.4%-€1,171▲ 35.0%-€641▲ 45.2%-€3,684▼ 475%€214,146
Net result-€26,684--€3,442▲ 87.1%-€17,084▼ 396%-€1,958▲ 88.5%-€1,393▲ 28.9%-€915▲ 34.3%-€4,418▼ 383%€204,230
Equity-€38,156--€41,598▼ 9.0%-€58,682▼ 41.1%-€60,640▼ 3.3%-€62,033▼ 2.3%-€62,948▼ 1.5%-€67,366▼ 7.0%€136,864
Total assets€489,277-€487,026▼ 0.5%€473,603▼ 2.8%€471,464▼ 0.5%€354,086▼ 24.9%€349,840▼ 1.2%€347,894▼ 0.6%€151,996▼ 56.3%
Debt€527,433-€528,624▲ 0.2%€532,285▲ 0.7%€532,104=€416,119▼ 21.8%€412,788▼ 0.8%€415,260▲ 0.6%€15,132▼ 96.4%
Working capital-€38,406--€41,848▼ 9.0%-€58,682▼ 40.2%-€60,640▼ 3.3%-€62,033▼ 2.3%-€62,948▼ 1.5%-€67,366▼ 7.0%€136,864
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Equity and liabilities €151,996
Equity
€136,864
Debt
€15,132
Debt finances 10.0% of the balance-sheet total.
Key figures and ratios
Current ratio
10.04▲
2024 · 0.84
Debt to equity
0.11
ROE
149.2%
ROA
134.4%▲
2024 · -1.3%
Debt ≤ 1 year
€15,132▼
2024 · €415,260
Income taxes
€9,859
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €1,915 | - | - |
| Gross operating margin9900 | -€604 | -€2,337 | -€3,287 | -€1,802 | -€1,171 | -€641 | -€1,769 | €214,146 | - |
| Operating profit (loss)9901 | -€26,578 | -€3,337 | -€17,066 | -€1,802 | -€1,171 | -€641 | -€3,684 | €214,146 | - |
| Recurring financial income75 | - | - | €44 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €156 | €222 | €274 | €734 | €57 | ▼ 92.3% |
| Recurring financial charges65 | €106 | €105 | €62 | €156 | €222 | €274 | €734 | €57 | ▼ 92.3% |
| Profit (loss) for the period before taxes9903 | -€26,684 | -€3,442 | -€17,084 | -€1,958 | -€1,393 | -€915 | -€4,418 | €214,090 | - |
| Income taxes67/77 | - | - | - | - | - | - | - | €9,859 | - |
| Profit (loss) for the period9904 | -€26,684 | -€3,442 | -€17,084 | -€1,958 | -€1,393 | -€915 | -€4,418 | €204,230 | - |
| Profit (loss) for the period to be appropriated9905 | -€26,684 | -€3,442 | -€17,084 | -€1,958 | -€1,393 | -€915 | -€4,418 | €204,230 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €489,277 | €487,026 | €473,603 | €471,464 | €354,086 | €349,840 | €347,894 | €151,996 | ▼ 56.3% |
| Fixed assets21/28 | €250 | €250 | - | - | - | - | - | - | - |
| Financial fixed assets28 | €250 | €250 | - | - | - | - | - | - | - |
| Current assets29/58 | €489,027 | €486,776 | €473,603 | €471,464 | €354,086 | €349,840 | €347,894 | €151,996 | ▼ 56.3% |
| Amounts receivable after more than one year29 | - | - | - | €116,414 | - | €152,565 | €152,565 | - | - |
| Trade receivables290 | - | - | - | - | - | €152,565 | €152,565 | - | - |
| Other amounts receivable291 | - | - | - | €116,414 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €488,859 | €486,659 | €357,072 | €354,823 | €353,983 | €197,162 | €195,247 | €151,883 | ▼ 22.2% |
| Trade receivables40 | - | - | - | €201,418 | €201,418 | €197,162 | €195,247 | €151,883 | ▼ 22.2% |
| Other amounts receivable41 | - | - | - | €153,406 | €152,565 | - | - | - | - |
| Cash at bank and in hand54/58 | €168 | €117 | €117 | €226 | €103 | €112 | €81 | €113 | ▲ 39.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €489,277 | €487,026 | €473,603 | €471,464 | €354,086 | €349,840 | €347,894 | €151,996 | ▼ 56.3% |
| Equity10/15 | -€38,156 | -€41,598 | -€58,682 | -€60,640 | -€62,033 | -€62,948 | -€67,366 | €136,864 | - |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Capital10 | - | - | - | €18,750 | €18,750 | - | - | - | - |
| Issued capital100 | - | - | - | €18,750 | €18,750 | - | - | - | - |
| Reserves13 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €118,114 | ▲ 95× |
| Non-distributable reserves130/1 | - | - | - | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Legal reserve130 | - | - | - | €1,240 | €1,240 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €1,240 | €1,240 | €1,240 | = |
| Distributable reserves133 | - | - | - | - | - | - | - | €116,874 | - |
| Profit (loss) carried forward14 | -€58,146 | -€61,588 | -€78,672 | -€80,630 | -€82,023 | -€82,938 | -€87,357 | - | - |
| Amounts payable17/49 | €527,433 | €528,624 | €532,285 | €532,104 | €416,119 | €412,788 | €415,260 | €15,132 | ▼ 96.4% |
| Amounts payable within one year42/48 | €527,433 | €528,624 | €532,285 | €532,104 | €416,119 | €412,788 | €415,260 | €15,132 | ▼ 96.4% |
| Financial debts43 | - | - | - | - | - | - | €11 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €11 | - | - |
| Trade debts44 | €25,310 | €25,501 | €25,839 | €348 | €777 | €723 | €683 | €787 | ▲ 15.2% |
| Suppliers440/4 | - | - | - | €348 | €777 | €723 | €683 | €787 | ▲ 15.2% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €9,859 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €9,859 | - |
| Other amounts payable47/48 | - | - | - | €531,757 | €415,342 | €412,065 | €414,565 | €4,486 | ▼ 98.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,684 | -€3,442 | -€17,084 | -€1,958 | -€1,393 | -€915 | -€4,418 | €204,230 | - |
| Operating cash flow (approximation) | -€26,684 | -€3,442 | -€17,084 | -€1,958 | -€1,393 | -€915 | -€4,418 | €204,230 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€51 | €0 | €109 | -€123 | €10 | -€31 | €32 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00358348 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00352081 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00419405 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00313147 |
| 31-12-2021 | micro format | 31-07-2022 | 2022-20273913 |
| 31-12-2020 | micro format | 31-07-2021 | 2021-45400091 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-67900296 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41500325 |
| 31-12-2017 | micro format | 20-07-2018 | 2018-35600313 |
| 31-12-2016 | full format | 10-07-2017 | 2017-29500191 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2026
DONGIOVANNI Roberto Michele
CurrentDirector · since 30-04-2024
Ludovic LEFEVRE
CurrentDirector (not named in the articles) · since 01-01-2026
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
3 of this company's 5 Belgian Official Gazette deeds have 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
4 people since 2024, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DONGIOVANNI Roberto Michele |
|
| Ludovic LEFEVRE |
|
| Roberto DONGIOVANNI |
|
| FAGNANI Olivier |
|
Owners and capital
Capital and shareholders
Capital over the years
- 30-04-2024 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
financial year 2025 · micro format
06-02
Gazette deed
Appointment: Ludovic LEFEVRE (director)Resignation: Roberto DONGIOVANNI (director) · Director discharge4 facts ▸
Gazette deed
Appointment: Ludovic LEFEVRE (director)
Resignation: Roberto DONGIOVANNI (director) · Director discharge4 facts ▸
- General meeting, 08-01-2026
- Director appointment, Ludovic LEFEVRE (director (not named in the articles))
- Director resignation, Roberto DONGIOVANNI (director (not named in the articles))
- Director discharge, Roberto DONGIOVANNI
2025
31-12
Financial
Back to profitnet €204,230
Net result €204,230 after 7 loss-making years.
31-12
Financial
Liquidity more than 11 timescurrent ratio 10.04
Current ratio from 0.84 to 10.04; short-term debt falls from €415,260 to €15,132.
31-12
Financial
Equity above €100,000equity €136,864
Equity rises from -€67,366 to €136,864.
30-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 30 days late
30-04
Gazette deed
Resignation: FAGNANI Olivier (director)Appointment: DONGIOVANNI Roberto Michele (director) · Amendment of the articles · Legal-form conversion8 facts ▸
Gazette deed
Resignation: FAGNANI Olivier (director)
Appointment: DONGIOVANNI Roberto Michele (director) · Amendment of the articles · Legal-form conversion8 facts ▸
- General meeting, 27-03-2024
- Other provision, “confirme, pour autant que de besoin, suppression de la valeur nominale des actions existantes” (deed in French)
- Amendment of the articles (2 times)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, rendre ces fonds disponibles pour distribution” (deed in French)
- Director resignation, FAGNANI Olivier (director (not named in the articles))
- Director appointment, DONGIOVANNI Roberto Michele (director)
2023
31-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-07
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
30-10
NBB filing
Annual accounts filed
financial year 2019 · micro format · 91 days late
Show earlier events
2019
30-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
20-07
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
10-07
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
2 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded01-09-1990
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441697121
Also
9925:BE0441697121
Registered
07-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 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, Charleroi · 1 establishment unit since 1990
Ground area
1,763 m²
Building footprint
233 m²
Building volume
2,558 m³
Parcel 52342B0493/00F000, Wallonia · tallest building 13.3 m. Linked by address, not a title deed.
1 establishment unit
Chaussée de Fleurus 347, 6060 Charleroi
since 1990unit no. 2.049.917.331
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52342B0493/00F000 | Wallonia | 1,763 m² | 1 · 233 m² | 13.2 m · 4 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Tous travaux de construction, de réfection et d’entretien des routes; Entreprise de travaux d’égoûts; Entreprise de travaux de distribution…” (deed in French)
19 activities (deed in French)
- Tous travaux de construction, de réfection et d’entretien des routes
- Entreprise de travaux d’égoûts
- Entreprise de travaux de distribution d’eau et de gaz
- Entreprise de terrassement
- Entreprise de travaux de drainage
- Entreprise d’installation d’échafaudages, de rejointoyage et de nettoyage de façades
- Entreprise de travaux de démolition se bâtiments et d’ouvrages d’art
- Entreprise de travaux d’étanchéité et revêtement de constructions par asphaltage et bitumage
- Entrepris de travaux d’assèchement de constructions autres que par le bitume et l’asphaltage
- Entreprise de couverture de construction, sauf la charpente en bois
- Entreprise de placement de ferronneries, de volets et de menuiserie métallique
- Entreprise d’installation sanitaire, de chauffage au gaz et de plomberie-zinguerie, sauf le chauffage central
- Entreprise de placement de paratonnerres
- Entreprise de placement d’antennes de télévision
- Fabrication d’agglomérés de ciment
- Fabrication de produits préfabriqués en ciment et/ou en béton
- Commerce de détail en matériaux de construction
- Entreprise générale de construction par sous-traitants
- Affaires immobilières
- Name clauseThe name the company operates under according to its articles.
- GILLY CONSTRUCTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut déplacer siège en Belgique pour autant que déplacement n’impose pas modification langue…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Nomination de liquidateurs met fin aux pouvoirs de l'organe d'administration” (deed in French)