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GLLT

Active Risk: not assessed
Private limited companyfounded 2023active for 2 yearsLindestraat 88, 1785 Merchtem, BelgiumKBO/BCE: BE 1003.209.236
Summary

GLLT 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 €349,695 and a net result of €160,451. Its solvency ranks better than 54% of 9,723 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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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.
GLLT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan kan bijkantoren en centra oprichten in België en buitenland” (deed in Dutch)

deed of 13-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Een of meer bestuurders, onbepaalde duur bij gebrek aan bepaling” (deed in Dutch)
1 more provision on this in the deed

deed of 13-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager helft kopers naar evenredigheid aantal, nietigheid bij gebrek” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 13-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Friday of June at 16:00

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. According to the deed, the legal criteria do not require one here.
No statutory auditor
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.
One provision in the deed

deed of 13-12-2023

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

Capital: “€5.000” (deed in Dutch)
Other provision: “Stortingsplicht, bepaalt vrij naargelang behoeften en tijdstippen latere stortingen op in speciën onderschreven niet geheel volgestorte…” (deed in Dutch)
Other provision: “Ondeelbaarheid van effecten, andersluidende bijzondere bepaling in statuten testament of overeenkomst” (deed in Dutch)
Other provision: “Uittreding en uitsluiting van aandeelhouders, wettige reden” (deed in Dutch)
Other provision: “Bevoegdheden bestuursorgaan, geheel van bevoegdheden behalve wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Binnen wettelijke grenzen, schriftelijke besluitvorming” (deed in Dutch)
12 more provisions in the deed, see the deed of 13-12-2023

deed of 13-12-2023

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