INITIAL BELUX
Board
4 directors, 1 in day-to-day management, 1 auditor, no change since May 2026Director
since 01-04-2022
6-year term from 2022
listed in the 2025 annual accounts, filed on 30-06-2026
Director
since 01-04-2024
6-year term from 2024
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 30-06-2026
Director and managing director
director current term since 01-01-2025
managing director appointed by deed of 09-10-2025
6-year term from 2022, 6-year term from 2025
listed in the 2025 annual accounts, filed on 30-06-2026
Statutory auditor, permanent representative
current term since 16-08-2024
term until 07-06-2027
listed in the 2025 annual accounts, filed on 30-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 24: Vertegenwoordiging van de vennootschap 24.1. Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als…”deed of 29-03-2021
Mandates through the years
9 names, the dashed line is todayDirector
Director, Managing director
Director
Director
Statutory auditor
Director
Director
Director
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
-
- Director, since before 31-12-2021
-
- Director, since before 31-12-2021
- Managing director, appointed by deed of 09-10-2025, still in office
-
- Director, from 01-04-2024 to date
-
- Director, appointed by deed of 24-06-2026, still in office
-
- Statutory auditor, from 25-03-2021 to date
-
- Director, from 25-03-2021 to 31-12-2024
- Managing director, appointed by deed of 04-05-2021, ended, last mentioned on 04-05-2021
-
- Director, from 25-03-2021 to 21-05-2024
-
- Director, from before 31-12-2021 to 16-10-2023
-
- Director, from 25-03-2021 to 01-04-2022
Control
Parent
GB
99%
This company
INITIAL BELUX
Equity €2.2m
Profit €355,233 in 2025
Further up the chain GB consolidates
Capital
- Capital
- €2,943,317
- Shares
- 1,000
- Contribution per share
- €2,943
- Equity per share
- €2,245 in 2025
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
Source: shareholder structure in its own accounts, parent in its own accounts
Articles of association
deed of 29-03-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors3 directors“Raad van bestuur, 6 jaar”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 11:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Gewone meerderheid, algemene vergadering die over ontbinding beslist”
Shareholders
3 ownersOwners 3
- GBparentSourceown accounts 202599%
- GBconsolidating parentconsolidates
- GBSourceown accounts 20251%
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 29-03-2021 ↗
- founder
- founder
Capital over time
- 08-12-2022 Capital increase of €2,500,000 · to €3,261,500 · in cash
- 08-12-2022 Capital reduction of €318,183 · to €2,943,317 · “aanzuivering van geleden verliezen zonder vernietiging van aandelen”
- 29-03-2021 Incorporation · €761,500 · 1,000 shares