Summary
KYLUNA 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 €846,780 and a net result of €175,431. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 39% of 6,658 sector peers (NACE 64, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
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.
- “Door haar vast te stellen, zelfde openbaarmaking alsof in eigen naam” (deed in Dutch)“Gezamenlijk bestuur, iedere bestuurder mag volmacht aan andere bestuurder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met vermelding rechten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging, artikel 2:80 WVV” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed