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LEM

Active Risk: not assessed
Private limited companyfounded 2023active for 3 yearsOosthoek 7, 9971 Kaprijke, BelgiumKBO/BCE: BE 0800.485.669
Summary

LEM 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 €217,290 and a net result of €59,136. Its solvency ranks better than 29% of 9,728 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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

deed of 11-04-2023

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.
“1, ad nutum bij besluit van de algemene vergadering” (deed in Dutch)

deed of 11-04-2023

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)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht en overgang van aandelen volledig vrij, afwijking van bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)

deed of 11-04-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 14:00

deed of 11-04-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Op elk moment, recht algemene vergadering om een of meerdere vereffenaars aan te duiden, bevoegdheden te omlijnen en vergoeding te bepalen” (deed in Dutch)

deed of 11-04-2023

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

Other provision: “Statutair (on)beschikbare eigen vermogensrekening, inbrengen van de oprichters geboekt op onbeschikbare eigen vermogensrekening” (deed in Dutch)
Other provision: “Interne bestuursbevoegdheid, handelingen waarvoor volgens wet of statuten alleen algemene vergadering bevoegd is” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, rechten mogen niet geschorst zijn” (deed in Dutch)
Other provision: “Stemrecht-beraadslagingen, schriftelijke volmacht door alle middelen van overdracht” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering op voorstel van bestuursorgaan” (deed in Dutch)
Other provision: “Uitkering van winst van lopende boekjaar, winst van lopende boekjaar of winst van voorgaande boekjaar zolang jaarrekening nog niet…” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden lasten kosten vereffening of consignatie nodige sommen, netto actief verdeeld onder alle aandeelhouders naar…” (deed in Dutch)

deed of 11-04-2023

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