Lexington
ActiveSummary
Lexington has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,870 and a net result of €29,870. Its solvency ranks better than 53% of 21,064 sector peers (NACE 62, 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.
- Lexington
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, eenvoudige beslissing bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan § 1. Interne bevoegdheid Als er slechts één bestuurder is, is het geheel van de bevoegdheden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Uitdrukkelijk akkoord bestuurde vennootschap, niet zonder tegelijk opvolger te benoemen” (deed in Dutch)“14, §1.Interne bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, na aftrek rechten waarvan overdracht voorgesteld” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door beslissing algemene vergadering, 28” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “29, ontbinding en sluiting vereffening in één akte mogelijk” (deed in Dutch)“30, bij ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)