INFINITUS
ActiveSummary
INFINITUS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,752 and a net result of €6,249, of which €3,300 non-recurring income. Equity is growing by about 8.3% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Activity not known1 site
Size
≈ €120,000turnover 2025, estimated
- Equity
- €32,752
- Profit
- €6,249
Turnover estimated from the gross margin
Why 96raises riskNo main activity registeredlowers riskFounded in 2000Liquidity: current ratio 5.62, cash €25,336Size: total assets €38,702Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 80% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency
100+1
equity 84.6% of total assets
Liquidity
97+7
short-term debt 15.4% · cash 65.5%
Profitability
89=
return on assets 16.1%
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: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025highest value
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged 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 €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.62, compared with 2.51 in 2024, above the usual 1.5; short-term debt: 15.4% and cash: 65.5% of total assets), and 15.4% 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, 87% on liquidity, 72% on profitability and 78% on growth.
The bankruptcy probability was computed on 28-10-2026 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
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 days early
2024
8 days early
2023
34 days early
2022
5 days early
2021
3 days early
2020
2 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days before 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 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €6,249 ▲9.6%
- Liquidity more than doubledcurrent ratio 5.62
Financials · financial year 2025, micro format
Turnover
≈ €120,000
Estimated: probably between €53,000 and €280,000
Total assets
€38,702▲ 7.4%
2024 · €36,029
Net result
€6,249▲ 9.6%
2024 · €5,700
Working capital
€27,465▲ 91.2%
2024 · €14,365
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 27% above 2024 and is 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€5,245
2025
Net result€6,249
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€38,702
2025
Equity€32,752
2025
Debt€5,950
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€27,465
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-€755--€5,668▼ 651%-€8,290▼ 46.3%-€5,877▲ 29.1%-€1,738▲ 70.4%€1,595€4,144▲ 160%€5,245▲ 26.6%
Net result€32--€2,939-€5,629▼ 91.5%€1,636€867▼ 47.0%€3,719▲ 329%€5,700▲ 53.3%€6,249▲ 9.6%
Equity€23,149-€20,210▼ 12.7%€14,581▼ 27.9%€16,217▲ 11.2%€17,084▲ 5.3%€20,803▲ 21.8%€26,503▲ 27.4%€32,752▲ 23.6%
Total assets€36,619-€53,280▲ 45.5%€42,554▼ 20.1%€43,271▲ 1.7%€40,124▼ 7.3%€33,713▼ 16.0%€36,029▲ 6.9%€38,702▲ 7.4%
Debt€13,470-€33,070▲ 146%€27,973▼ 15.4%€27,054▼ 3.3%€23,040▼ 14.8%€12,910▼ 44.0%€9,526▼ 26.2%€5,950▼ 37.5%
Working capital€16,207--€12,817-€11,834▲ 7.7%-€14,506▼ 22.6%-€7,040▲ 51.5%€3,453€14,365▲ 316%€27,465▲ 91.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38,702
Fixed assets
€5,287 ▼ 56.4%
Current assets
€33,415 ▲ 39.9%
Equity and liabilities €38,702
Equity
€32,752 ▲ 23.6%
Debt
€5,950 ▼ 37.5%
Debt's share of the balance-sheet total falls from 26.4% to 15.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,732▲
2024 · €11,860
Cash flow
€14,736▲
2024 · €13,416
Current ratio
5.62▲
2024 · 2.51
Debt to equity
0.18▼
2024 · 0.36
ROE
19.1%▼
2024 · 21.5%
ROA
16.1%▲
2024 · 15.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€5,950▼
2024 · €9,526
Income taxes
€1,705▲
2024 · €1,538
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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,824 | €11,001 | €11,061 | €10,223 | €7,806 | €8,074 | €7,716 | €8,487 | ▲ 10.0% |
| Other operating charges640/8 | - | - | - | €1,204 | €1,170 | €1,800 | €1,382 | €1,358 | ▼ 1.7% |
| Gross operating margin9900 | €4,829 | €6,168 | €3,157 | €5,550 | €7,238 | €11,469 | €13,242 | €15,090 | ▲ 14.0% |
| Operating profit (loss)9901 | -€755 | -€5,668 | -€8,290 | -€5,877 | -€1,738 | €1,595 | €4,144 | €5,245 | ▲ 26.6% |
| Financial income75/76B | - | - | - | €8,850 | €2,834 | €3,080 | €3,200 | €3,331 | ▲ 4.1% |
| Recurring financial income75 | - | - | - | €8,850 | €2,834 | €3,080 | €3,200 | €31 | ▼ 99.0% |
| Non-recurring financial income76B | - | - | - | €8,850 | €2,834 | €3,080 | €3,200 | €3,300 | ▲ 3.1% |
| Financial charges65/66B | - | - | - | €1,337 | €229 | €55 | €106 | €622 | ▲ 487% |
| Recurring financial charges65 | - | - | €107 | €87 | €73 | €55 | €106 | €74 | ▼ 30.2% |
| Non-recurring financial charges66B | - | - | - | €1,250 | €156 | - | - | €548 | - |
| Profit (loss) for the period before taxes9903 | €367 | -€2,939 | -€5,629 | €1,636 | €867 | €4,620 | €7,238 | €7,954 | ▲ 9.9% |
| Income taxes67/77 | €335 | - | - | - | - | €901 | €1,538 | €1,705 | ▲ 10.9% |
| Profit (loss) for the period9904 | €32 | -€2,939 | -€5,629 | €1,636 | €867 | €3,719 | €5,700 | €6,249 | ▲ 9.6% |
| Profit (loss) for the period to be appropriated9905 | €32 | -€2,939 | -€5,629 | €1,636 | €867 | €3,719 | €5,700 | €6,249 | ▲ 9.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €36,619 | €53,280 | €42,554 | €43,271 | €40,124 | €33,713 | €36,029 | €38,702 | ▲ 7.4% |
| Fixed assets21/28 | €14,330 | €37,390 | €27,708 | €30,723 | €24,124 | €17,350 | €12,138 | €5,287 | ▼ 56.4% |
| Tangible fixed assets22/27 | €14,330 | €37,390 | €27,708 | €30,723 | €24,124 | €17,350 | €12,138 | €5,287 | ▼ 56.4% |
| Plant, machinery and equipment23 | - | - | - | €2,635 | €1,971 | €2,007 | €3,605 | €3,231 | ▼ 10.4% |
| Furniture and vehicles24 | - | - | - | €28,088 | €22,153 | €15,343 | €8,533 | €2,056 | ▼ 75.9% |
| Current assets29/58 | €22,289 | €15,890 | €14,846 | €12,548 | €16,000 | €16,363 | €23,891 | €33,415 | ▲ 39.9% |
| Amounts receivable within one year40/41 | €14,354 | €14,346 | €7,983 | €8,987 | €10,581 | €9,752 | €9,306 | €8,079 | ▼ 13.2% |
| Trade receivables40 | - | - | - | €8,987 | €10,181 | €8,253 | €8,844 | €7,322 | ▼ 17.2% |
| Other amounts receivable41 | - | - | - | - | €400 | €1,499 | €462 | €757 | ▲ 63.9% |
| Cash at bank and in hand54/58 | €7,935 | €1,544 | €6,863 | €3,561 | €5,419 | €6,611 | €14,585 | €25,336 | ▲ 73.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €36,619 | €53,280 | €42,554 | €43,271 | €40,124 | €33,713 | €36,029 | €38,702 | ▲ 7.4% |
| Equity10/15 | €23,149 | €20,210 | €14,581 | €16,217 | €17,084 | €20,803 | €26,503 | €32,752 | ▲ 23.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | €20,451 | €20,451 | €20,451 | = |
| Reserves13 | €3,804 | €3,804 | €3,804 | €3,804 | €3,804 | €1,945 | €1,945 | €1,945 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €1,945 | €1,945 | €1,945 | €1,945 | €1,945 | = |
| Profit (loss) carried forward14 | €753 | -€2,186 | -€7,815 | -€6,179 | -€5,312 | -€1,593 | €4,107 | €10,356 | ▲ 152% |
| Amounts payable17/49 | €13,470 | €33,070 | €27,973 | €27,054 | €23,040 | €12,910 | €9,526 | €5,950 | ▼ 37.5% |
| Amounts payable after more than one year17 | €7,388 | €4,363 | €1,293 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €6,082 | €28,707 | €26,680 | €27,054 | €23,040 | €12,910 | €9,526 | €5,950 | ▼ 37.5% |
| Financial debts43 | - | - | - | €1,293 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €1,293 | - | - | - | - | - |
| Trade debts44 | €1,680 | €887 | €976 | €2,171 | €1,027 | €1,134 | €1,856 | €1,353 | ▼ 27.1% |
| Suppliers440/4 | - | - | - | €2,171 | €1,027 | €1,134 | €1,856 | €1,353 | ▼ 27.1% |
| Taxes, remuneration and social security45 | - | - | - | €2,084 | €3,012 | €3,009 | €2,802 | €2,889 | ▲ 3.1% |
| Taxes450/3 | - | - | - | €2,084 | €3,012 | €3,009 | €2,802 | €2,889 | ▲ 3.1% |
| Other amounts payable47/48 | - | - | - | €21,506 | €19,001 | €8,767 | €4,868 | €1,708 | ▼ 64.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32 | -€2,939 | -€5,629 | €1,636 | €867 | €3,719 | €5,700 | €6,249 | ▲ 9.6% |
| + Depreciation and write-downs630 | €4,824 | €11,001 | €11,061 | €10,223 | €7,806 | €8,074 | €7,716 | €8,487 | ▲ 10.0% |
| Operating cash flow (approximation) | €4,856 | €8,062 | €5,432 | €11,859 | €8,673 | €11,793 | €13,416 | €14,736 | ▲ 9.8% |
| Investment in fixed assets (approximation) | - | -€34,061 | -€1,379 | -€13,238 | -€1,207 | -€1,300 | -€2,504 | -€1,636 | ▲ 34.7% |
| Change in cash | - | -€6,391 | €5,319 | -€3,302 | €1,858 | €1,192 | €7,974 | €10,751 | ▲ 34.8% |
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 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 05-06-2026 | 2026-00139837 |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00297740 |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00170402 |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00272049 |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20234333 |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43100151 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22200056 |
| 31-12-2018 | abbreviated format | 24-07-2019 | 2019-37500289 |
| 31-12-2017 | abbreviated format | 30-05-2018 | 2018-14800398 |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-22600059 |
Subsidies and aid
Flemish government
2023 · 1 entry · €270 awarded · €270 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
CLAESSENS Johan Philip Emmanuel
CurrentDirector (not named in the articles)
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
2 of this company's 3 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
1 person since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CLAESSENS Johan Philip Emmanuel |
|
Owners and capital
Capital and shareholders
Capital over the years
- 17-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial
Highest result from 2018 to 2025net €6,249 ▲9.6%
Operating result €5,245, net result €6,249, both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 5.62
Current ratio from 2.51 to 5.62; short-term debt falls from €9,526 to €5,950.
23-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
27-06
NBB filing
Annual accounts filed
financial year 2023 · micro format
17-01
Gazette deed
Resignation: CLAESSENS Johan Philip Emmanuel (manager)Reappointment: CLAESSENS Johan Philip Emmanuel (director) · Amendment of the articles · Capital conversion10 facts ▸
Gazette deed
Resignation: CLAESSENS Johan Philip Emmanuel (manager)
Reappointment: CLAESSENS Johan Philip Emmanuel (director) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 21-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, CLAESSENS Johan Philip Emmanuel (manager)
- Director reappointment, CLAESSENS Johan Philip Emmanuel (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder voor uitoefening mandaat, algemene vergadering” (deed in Dutch)
- Registered office clause, “3500 Hasselt,Sittardlaan 26” (deed in Dutch)
2023
26-07
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
28-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Back to profitnet €1,636
Net result €1,636 after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Weakest financial yearnet -€5,629
Net result drops to -€5,629, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
24-07
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
30-05
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
26-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 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
Founded01-03-2000
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471328740
Also
9925:BE0471328740
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 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, Hasselt · 1 establishment unit since 2005
Ground area
920 m²
Building footprint
165 m²
Building volume
789 m³
Parcel 71323C0617/00Y002, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
Sittardlaan 26, 3500 Hasselt
since 2005unit no. 2.183.319.946
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71323C0617/00Y002 | Flanders | 920 m² | 1 · 165 m² | 6.8 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
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.
- INFINITUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
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.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Bestuursbevoegdheid, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)“Vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende/kosteloze titel,vrijwillig/gedwongen,in vruchtgebruik/blote/volle eigendom,van aandelen of…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Titel V - Algemene vergadering Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, algemene vergadering” (deed in Dutch)