LEVIATHAN
ActiveSummary
LEVIATHAN has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€152,214. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 89% of 1,807 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, zetel kan verplaatst worden in het Vlaamse en Hoofdstedelijk gewest bij besluit van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Iedere bestuurder heeft de meest uitgebreide bevoegdheid om alleen alle handelingen te stellen die nodig of dienstig zijn voor…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, een of meer bestuurders,al dan niet aandeelhouder” (deed in Dutch)“10, voor duur bestaan” (deed in Dutch)“Algemene kosten, 12” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo, 100” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 2 provisions in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, nieuwe aandelen waarop in geld wordt ingeschreven eerst aangeboden aan…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of March at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, 20” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “21, algemene vergadering mag één of meerdere vereffenaars aanduiden bevoegdheden omlijnen en vergoeding bepalen” (deed in Dutch)