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Private limited companyfounded 2011active for 15 yearsParkstraat 38, 8560 Wevelgem, BelgiumKBO/BCE: BE 0836.670.332
Summary

KITEC 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 €365,292 and a net result of €11,194. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 82% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

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.
KITEC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 12-07-2023

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.
“Een of meer bestuurders, natuurlijke personen of rechtspersonen” (deed in Dutch)

deed of 12-07-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, kunnen voorzien worden van een volgnummer” (deed in Dutch)

deed of 12-07-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 12-07-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden van het bestuursorgaan, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Dagelijks bestuurder, dagelijks bestuur” (deed in Dutch)
Other provision: “20:00, 6” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, indien enkel stemrechten geschorst mag nog deelnemen zonder stemming” (deed in Dutch)
Other provision: “Beraadslagingen stemming, onder voorbehoud van wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, elk aandeel recht op gelijk aandeel in winstverdeling” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)

deed of 12-07-2023