Image Line Group
Image Line Group 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 €379.87M and a net result of €17.98M. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 216 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €379.87M |
| Net result | €17.98M |
| Better than sector | 68% |
| Active | 5 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 76.1% | 55.4% | |
| Net result | €17.98M | €65k | |
| Equity | €379.87M | €3.31M | |
| Total assets | €499.49M | €6.77M |
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €17.98M |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €499.49M |
| Equity | €379.87M |
| Debt | €119.62M |
| of which ≤ 1y | €11.01M |
| of which > 1y | €107.87M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 76.1% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 3.6% |
| ROE | 4.7% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €499.49M |
| Fixed assets | 21/28 | €326.89M |
| Tangible fixed assets | 22/27 | €72 |
| Financial fixed assets | 28 | €326.89M |
| Current assets | 29/58 | €172.60M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €113.10M |
| Investments | 50/53 | €59.16M |
| Cash & bank | 54/58 | €336k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €499.49M |
| Equity | 10/15 | €379.87M |
| Contributions / capital | 10/11 | €293.19M |
| Reserves | 13 | €59.16M |
| Accumulated profits (losses) | 14 | €27.53M |
| Amounts payable | 17/49 | €119.62M |
| Amounts payable after one year | 17 | €107.87M |
| Amounts payable within one year | 42/48 | €11.01M |
| Trade debts payable within one year | 44 | €4.69M |
| Income statement | ||
| Turnover | 70 | €4.90M |
| Operating result | 9901 | €-138k |
| Financial income | 75 | €30.02M |
| Financial charges | 65 | €11.83M |
| Result before taxes | 9903 | €17.98M |
| Net result for the period | 9904 | €17.98M |
| Result to be appropriated | 9905 | €17.98M |
-
Current17-07-2025 → present
-
Current08-12-2023 → present
Permanent representatives (1)
-
Permanent representative01-10-2022 → present
Former directors (4)
-
Former- → 17-07-2025
2 events
- 17-07-2025 Resigned· Director
- 08-12-2023 Resigned· Director
-
PAVELLLegal entityDirector· perm. rep.: Cannie Jean-MarieState Gazette act 21323833 (14-04-2021)Former30-03-2021 → 08-12-2023
2 events
- 08-12-2023 Resigned· Director
- 30-03-2021 Appointed· Director
-
QUROLegal entityDirector· perm. rep.: Van Biesen FrankState Gazette act 21323833 (14-04-2021)Former30-03-2021 → 08-12-2023
2 events
- 08-12-2023 Resigned· Director
- 30-03-2021 Appointed· Director
-
Standbyco 6 B.V.Legal entityDirector· perm. rep.: Van Cauwenberghe CédricState Gazette act 23449933 (08-12-2023)Former- → 08-12-2023
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| PKF Bofidi AuditCurrent Statutory auditor · represented by Jeroen Rans |
- | 03-09-2025 → present |
| Gilles Daniëls Statutory auditor · represented by Gilles Daniëls succeeded by PKF Bofidi Audit in 2025 |
- | 20-05-2021 → 03-09-2025 |
| GILLES DANIËLS BV Company auditor · represented by Gilles Daniels succeeded by PKF Bofidi Audit in 2025 |
- | 30-03-2021 → 03-09-2025 |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 11-03-2021 |
| Status | Active |
| Postal code | 9000 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2709/00K008 | Flanders | 740 m² | 1 · 611 m² | 29.0 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-06-2026 General meeting · Officer resignation · Officer discharge · Permanent representative
- Filing: 2026-06-03 · IMAGE LINE
- Publication: 2026-06-11 · IMAGE LINE
- General meeting: 2026-04-27 · IMAGE LINE
- Officer resignation: 2026-04-03 · WPEF VI HOLDCO VII BE NV
- Officer discharge: 2026-04-27 · WPEF VI HOLDCO VII BE NV
- Permanent representative: role: permanent_representative, end_date: 2026-04-03 · Kim De Meyst
- Officer discharge: 2026-04-27 · Kim De Meyst
- Officer appointment: role: bestuurder, duration: onbepaalde duur, start_date: 2026-04-03 · IMAGE LINE GROUP BV
- Mandate compensation: onbezoldigd · IMAGE LINE GROUP BV
- Permanent representative: role: vaste vertegenwoordiger, start_date: 2026-04-03 · Kim De Meyst
- Board meeting: 2026-04-27 · IMAGE LINE
- Permanent representative: role: vaste vertegenwoordiger, start_date: 2026-04-03 · Kim De Meyst
- Mandate compensation: onbezoldigd · Kim De Meyst
- Representation rule: Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. De vennootschap wordt jegens derden en in rechte als eiser of als verweerder tevens geldig vertegenwoordigd: -als er een raad van bestuur is door het afzonderlijk optreden van een bestuurder. - het afzonderlijk optreden van de enige bestuurder. · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Power of attorney: date: 2026-04-27, scope: administrative formalities, KBO, social security, VAT, UBO, e-stox, etc., granted_by: algemene vergadering · IMAGE LINE
- Act object: ONTSLAG EN BENOEMING BESTUURDER - KENNISNAME BENOEMING
Technical details
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}05-05-2026 Notarial deed · General meeting · Merger · Approval
- Publication: 2026-05-05 · Image Line Group
- Filing: 2026-04-13 · Image Line Group
- Notarial deed: 2026-04-03 · Image Line Group
- General meeting: 2026-04-03 · Image Line Group
- Merger: date: 2026-04-03, type: geruisloze_fusie · Image Line Group
- Approval: fusievoorstel · Image Line Group
- Accounting effect: 2025-07-01 · WPEF VI HOLDCO VII BE
- Dissolution: 2026-04-03 · WPEF VI HOLDCO VII BE
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Power of attorney: date: 2026-04-03, scope: administratieve formaliteiten, KBO, sociaal verzekeringsfonds, btw, UBO-register, etc. · Image Line Group
- Act object: MET FUSIE GELIJKGESTELDE VERRICHTING (GERUISLOZE FUSIE)
Technical details
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- Publication: 2026-05-05 · WPEF VI Holdco VII BE
- Filing: 2026-04-13 · WPEF VI Holdco VII BE
- Notarial deed: 2026-04-03 · WPEF VI Holdco VII BE
- General meeting: 2026-04-03 · WPEF VI Holdco VII BE
- Merger: date: 2026-04-03, type: silent · WPEF VI Holdco VII BE
- Approval: 2026-04-03 · WPEF VI Holdco VII BE
- Accounting effect: 2025-07-01 · WPEF VI Holdco VII BE
- Dissolution: 2026-04-03 · WPEF VI Holdco VII BE
- Officer resignation: 2026-04-03 · IMAGE LINE GROUP
- Power of attorney: 2026-04-03 · WPEF VI Holdco VII BE
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}03-09-2025 1 director appointed, 1 resigning
- Jeroen Rans, Commissaris
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}19-08-2025 1 director appointed, 1 resigning
- Mathias Ottevaere, Bestuurder
- Tim Goedeweeck, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
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"name": "Tim Goedeweeck",
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},
"effective_date": "2025-07-17",
"evidence_quote": "Ontslag met ingang vanaf het tijdstip van de ondertekening van deze besluiten van de heer Tim Goedeweeck, die voor de uitoefening van zijn mandaat woonstkeuze doet op de zetel van de Vennootschap, als bestuurder (B Bestuurder) van de Vennootschap."
},
{
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},
"effective_date": "2025-07-17",
"evidence_quote": "Benoeming met ingang vanaf het tijdstip van de ondertekening van deze besluiten van de heer Mathias Ottevaere, die voor de uitoefening van zijn mandaat woonstkeuze doet op de zetel van de Vennootschap, als bestuurder (B Bestuurder) van de Vennootschap, voor een onbepaalde termijn."
}
],
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},
"subject_company": {
"kbo": "0764.951.106",
"name_full": "IMAGE LINE GROUP",
"legal_form": "BV"
}
}08-12-2023 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
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"name_full": "IMAGE LINE GROUP",
"legal_form": "NV"
}
}17-11-2023 Capital increase of €377,572 to €293,114,041
- €292.736.469 → €293.114.041
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 377572.0,
"currency": "EUR",
"after_eur": 293114041.0,
"delta_eur": 377572.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2023-11-08",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 377.572,00 EUR, om het van 292.736.469,00 EUR te brengen op 293.114.041,00 EUR, door inbreng in geld",
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}
],
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},
"subject_company": {
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"legal_form": "NV"
}
}20-04-2023 Capital increase of €100,000 to €292,736,469
- €292.636.469 → €292.736.469
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 100.0,
"currency": "EUR",
"after_eur": 292736469.0,
"delta_eur": 100000.0,
"before_eur": 292636469.0,
"amount_type": "kapitaal_effectief",
"effective_date": "2023-04-07",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 100.00,00 EUR, om het van 292.636.469,00 EUR te brengen op 292.736.469,00 EUR, door inbreng in geld",
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}
],
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},
"subject_company": {
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"legal_form": "NV"
}
}10-03-2023 Gilles Daniëls appointed as statutory auditor
- Gilles Daniëls, Commissaris
Technical details
{
"events": [
{
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"role": "commissaris",
"person": {
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},
"via_org": {
"kbo": "0700543502",
"name": "Gilles Dani\u00EBls BV",
"address": null,
"country": null,
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},
"evidence_quote": "Met eenparigheid van stemmen wordt Gilles Dani\u00EBls BV (ondernemingsnummer 0700.543.502), met zetel te Berlaarbaan 353, 2861 Sint-Katelijne-Waver, aangesteld als commissaris voor een periode van 3 Jaar (boekjaar per 30/06/2022, 30/06/2023 en 30/06/2024), hetzij tot op de gewone algemene vergadering ge"
}
],
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},
"subject_company": {
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"legal_form": "NV"
}
}09-02-2023 Capital increase of €126,500 to €292,636,469
- €292.509.969 → €292.636.469
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 126500.0,
"currency": "EUR",
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"delta_eur": 126500.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2022-12-21",
"evidence_quote": "Het bedrag van het kapitaal van de Vennootschap voor de beslissing tot kapitaalverhoging gelezen worden als \u0022292.509.969,00 EUR\u0027: - het bedrag van het kapitaal van de Vennootschap na de beslissing tot kapitaalverhoging gelezen worden als \u0022292.636.469,00 EUR\u0027;",
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}
],
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},
"subject_company": {
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"legal_form": "NV"
}
}02-01-2023 Capital increase of €1,551,500 to €292,411,469
- €290.859.969 → €292.411.469
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 126500.0,
"currency": "EUR",
"after_eur": 292411469.0,
"delta_eur": 1551500.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2022-12-21",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 126.500,00 EUR, om het van 290.859.969,00 EUR te brengen op 292.411.469,00 EUR, door inbreng in geld",
"contribution_type": "cash"
}
],
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},
"subject_company": {
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"name_full": "IMAGE LINE GROUP",
"legal_form": "NV"
}
}24-11-2022 Constantin Köhncke appointed as permanent representative
- Constantin Köhncke, Vaste vertegenwoordiger
Technical details
{
"events": [
{
"kind": "director_in",
"role": "vaste_vertegenwoordiger",
"person": {
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"name": "Constantin K\u00F6hncke",
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},
"effective_date": "2022-10-01",
"evidence_quote": "De raad van bestuur beslist met ingang van 1 oktober 2022, de heer Constantin K\u00F6hncke, wonende in de Verenigde Staten van Amerika te 468 Glen Holly Drive, Pasadena, CA 91105, in vervanging van de heer Aishvarya Agarwal, wonende in Duitsland te Gotlandstra\u00DFe 10/G, 10439 Berlijn, overeenkomstig artike"
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
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"legal_form": "NV"
}
}14-11-2022 Capital increase of €1,425,000 to €292,284,969
- €290.859.969 → €292.284.969
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 1425000.0,
"currency": "EUR",
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"delta_eur": 1425000.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2022-11-02",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 1.425.000,00 EUR, om het van 290.859.969,00 EUR te brengen op 292.284.969,00 EUR, door inbreng in geld",
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},
{
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"amount_type": "kapitaal_effectief",
"effective_date": "2022-11-02",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 225.000,00 EUR, om het van 292.284.969,00 EUR te brengen op 292.509.969,00 EUR, door uitgifte van 166.666 soort C Aandelen",
"contribution_type": "in_kind"
}
],
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}
}10-08-2022 Capital increase of €5,000,000 to €290,859,969
- €285.859.969 → €290.859.969
Technical details
{
"events": [
{
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"amount": 5000000.0,
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"effective_date": "2022-07-27",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 5.000.000,00 EUR, om het van 285.859.969 EUR te brengen op 290.859.969,00 EUR, door uitgifte van 3.759.400 soort C aandelen... De vergadering beslist dat de kapitaalverhoging zal worden verwezenlijkt door de inbreng door iedere inschrijver van een zekere, vaststaande en opeisbare schuldvordering",
"contribution_type": "in_kind"
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],
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"legal_form": "NV"
}
}20-07-2022 Capital increase of €70,000 to €285,859,969
- €285.789.969 → €285.859.969
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 70000.0,
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"delta_eur": 70000.0,
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"effective_date": "2022-07-01",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 70.000,00 EUR, om het van 285.789.969,00 EUR te brengen op 285.859.969,00 EUR, door inbreng in geld",
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],
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"subject_company": {
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"legal_form": "NV"
}
}09-05-2022 Transaction in capital or shares
Technical details
{
"events": [],
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"act_meta": {
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},
"subject_company": {
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}
}04-06-2021 Capital increase of €1,456,311 to €285,789,969
- €284.333.658 → €285.789.969
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 1456311.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2021-05-20",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 1.456.311,00 EUR, om het van 284.333.658 EUR te brengen op 285.789.969 EUR, door uitgifte van 1.456.311 klasse C aandelen",
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}
],
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},
"subject_company": {
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}
}28-04-2021 Capital increase of €1,412,500 to €284,333,658
- €282.921.158 → €284.333.658
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 1412500,
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"amount_type": "kapitaal_effectief",
"effective_date": "2021-04-19",
"evidence_quote": "De vergadering beslist het kapitaal van de Vennootschap te verhogen ten belope van 1.412.500 EUR, om het van 282.921.158 EUR te brengen op 284.333.658 EUR, door uitgifte van 1.412.500 klasse C aandelen",
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"after_eur": null,
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"amount_type": "uitgiftepremie",
"effective_date": "2021-04-19",
"evidence_quote": "Aangezien de totale waarde van de inbreng van de schuldvordering gelijk is aan een bedrag van 1.440.750,00 EUR, zal het saldo van 28.250,00 EUR geboekt worden op een onbeschikbare rekening \u0022Uitgiftepremie\u0022.",
"contribution_type": "in_kind"
}
],
"schema": "v3.2",
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},
"subject_company": {
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"name_full": "IMAGE LINE GROUP",
"legal_form": "NV"
}
}14-04-2021 Articles of association amended
Technical details
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"statute_change": {
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},
"bedrijfsrevisor": {
"quote": "Conclusies van de bedrijfsrevisor de dato 29 maart 2021, opgesteld door Gilles Daniels BV, vertegenwoordigd door Gilles Daniels",
"firm_kbo": null,
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},
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},
"signature_regime": "joint_two",
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}15-03-2021 Incorporation of a new NV
Technical details
{
"kind": "oprichting",
"seat": "Franklin Rooseveltlaan 349 bus 50, 9000 Gent",
"schema": "v3.2",
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"founders": [
{
"org": {
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"name": "Standbyco 6 B.V."
},
"kind": "rechtspersoon",
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"holder_org_name": "Standbyco 6 B.V.",
"contribution_type": "cash",
"amount_paid_in_eur": 61500,
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],
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},
"initial_directors": [],
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Image Line Group |