Leap Time
ActiveSummary
Leap Time has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €594,901 and a net result of €123,415. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 76% of 10,709 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- Leap Time
- 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.
- “bestuursorgaan bepaalt de bezoldiging van die lasthebbers. Het dagelijks bestuur omvat zowel de handelingen en beslissingen die niet verder…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen al dan niet aandeelhouder, 1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden lasten kosten of consignatie en na evenwicht niet-volgestorte aandelen via bijkomende volstorting of…” (deed in Dutch)