GROUND
ActiveSummary
GROUND has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,816 and a net result of €16,712. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 84% of 39,102 sector peers (NACE 70, 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.
- GROUND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, adresse transférable en tout endroit Région Bruxelles-Capitale ou région langue française Belgique par simple décision…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d administration” (deed in French)“Rémunération des administrateurs, portée aux frais généraux indépendamment frais représentation voyages déplacements” (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” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions acquises, toutes cessions entre vifs à titre onéreux ou gratuit…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 April at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, pour quelque cause et à quelque moment que ce soit” (deed in French)