Lagune Music
ActiveSummary
Lagune Music has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €203,715. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 95% of 1,852 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De productie en verkoop van grammofoonplaten; Muziekuitgave; Productie van films en televisiefilms en de promotie hiervoor; Kortom alles wat…” (deed in Dutch)
4 activities (deed in Dutch)
- De productie en verkoop van grammofoonplaten
- Muziekuitgave
- Productie van films en televisiefilms en de promotie hiervoor
- Kortom alles wat gemeenzaam wordt aangeduid met de naam “Show Business”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Lagune Music
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Alle handelingen nodig of dienstig tot verwezenlijking voorwerp,tenzij wet algemene vergadering bevoegd, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In de statuten opgelegde regelingen gelden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of May at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Nog in natura voorhanden goederen opzelfde wijze verdeeld, wettelijke bepalingen” (deed in Dutch)