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Glenn

Active
Private limited companyfounded 2024active for 1 yearLeopoldstraat 59, 2330 Merksplas, BelgiumKBO/BCE: BE 1016.480.618
Summary

The computed 12-month bankruptcy probability of Glenn is 2.5% (moderate). The 2025 annual accounts show equity of €1,023 and a net result of -€3,977. Its solvency ranks better than 28% of 16,658 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2330 Merksplas, Leopoldstraat 59” (deed in Dutch)

deed of 25-11-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Iedere bestuurder kan bijzondere machten toekennen aan elke mandataris. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn…”
Board ruleHow the board is made up, meets and takes decisions.
“Bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, algemene vergadering kan vertrekvergoeding toekennen” (deed in Dutch)

deed of 25-11-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Één stem” (deed in Dutch)

deed of 25-11-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Wednesday of June at 19:00

deed of 25-11-2024

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

Other provision: “Uitkeringen uit winst lopende boekjaar of uit winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd, winstverdeling en…” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura voorhanden op dezelfde wijze verdeeld, indien er aandelen zijn die niet zijn volgestort” (deed in Dutch)
2 more provisions in the deed, see the deed of 25-11-2024

deed of 25-11-2024