KENMIDES
ActiveSummary
KENMIDES has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €373,780. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 66% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- KENMIDES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering kan mandaat elke bestuurder te allen tijde en zonder opgave van redenen met onmiddellijke ingang beëindigen…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Kapitaalverhoging waartoe raad van bestuur beslist wordt voorgesteld bij authentieke akte met inachtneming van desbetreffende voorschriften…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of December at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering benoemt één of meer vereffenaars, bestuursorgaan in functie als college van vereffenaars” (deed in Dutch)“Alle verrichtingen vermeld in wet, bevoegdheden vereffenaars” (deed in Dutch)1 more provision on this in the deed