LEZIZ
ActiveSummary
LEZIZ has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €560,867 and a net result of €18,452. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 75% of 2,049 sector peers (NACE 10, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
- Staff
- 2.8 FTE
- Equity
- €560,867
- Profit
- €18,452
- Arif AKBULUTDirector
- Ferdi YILDIZDirector
- Zülküf AKBULUTDirector
Why 57raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; last filed accounts filed 123 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 01-12-2025)lowers riskFounded in 2008Liquidity: current ratio 3.76, cash €353,996Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro): better than 73% on solvency, 94% on liquidity, 48% on profitability and 45% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 76 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Resignations: Zülküf AKBULUT, Arif AKBULUT and…Appointments: Zülküf AKBULUT, Arif AKBULUT…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 94% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 10, Manufacture of food products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €456,176 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €340,939 | €140,800 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €47,157 | €7,795 | €27,615 | €121,681 | ▲ 341% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,077 | €13,065 | €11,298 | €13,896 | €20,633 | €33,719 | €33,374 | ▼ 1.0% |
| Other operating charges640/8 | - | - | - | €2,398 | €1,034 | €1,275 | €334 | ▼ 73.8% |
| Gross operating margin9900 | €68,145 | €100,942 | €79,081 | €115,236 | -€51,108 | €511,636 | €180,274 | ▼ 64.8% |
| Operating profit (loss)9901 | €23,713 | €50,883 | €27,934 | €51,785 | -€80,569 | €449,026 | €24,884 | ▼ 94.5% |
| Financial income75/76B | - | - | - | €46 | €327 | €3 | €3 | ▼ 5.4% |
| Recurring financial income75 | €0 | €0 | €0 | €46 | €327 | €3 | €3 | ▼ 5.4% |
| Non-recurring financial income76B | - | - | - | €46 | €327 | - | - | - |
| Financial charges65/66B | - | - | - | €1,603 | €3,164 | €312 | €436 | ▲ 39.6% |
| Recurring financial charges65 | €3,727 | €3,034 | €3,741 | €1,603 | €3,164 | €312 | €436 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | €20,724 | €47,848 | €25,347 | €50,228 | -€83,406 | €448,717 | €24,452 | ▼ 94.6% |
| Income taxes67/77 | €0 | €2,718 | €4,648 | €10,907 | - | €7,208 | €6,000 | ▼ 16.8% |
| Profit (loss) for the period9904 | €20,724 | €45,131 | €20,699 | €39,321 | -€83,406 | €441,509 | €18,452 | ▼ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €20,724 | €45,131 | €20,699 | €39,321 | -€83,406 | €441,509 | €18,452 | ▼ 95.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.1m | €0.2m | €0.2m | €0.2m | €0.6m | €1.0m | €1.0m | ▼ 5.6% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €0.04m | €0.06m | €0.08m | €0.07m | €0.5m | €0.5m | €0.4m | ▼ 6.2% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.05m | €0.08m | €0.06m | €0.5m | €0.4m | €0.4m | ▼ 6.3% |
| Land and buildings22 | - | - | - | €0.05m | €0.05m | €0.04m | €0.03m | ▼ 18.0% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.04m | €0.04m | €0.04m | ▼ 1.5% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.001m | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.001m | €0.4m | €0.4m | €0.3m | ▼ 5.6% |
| Financial fixed assets28 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.6m | €0.5m | ▼ 5.1% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0.01m | - | - | - | - |
| Stocks30/36 | - | - | - | €0.01m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.05m | €0.06m | €0.07m | €0.09m | €0.1m | €0.1m | €0.2m | ▲ 42.8% |
| Trade receivables40 | - | - | - | €0.03m | €0.04m | €0.05m | €0.03m | ▼ 43.8% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.07m | €0.07m | €0.1m | ▲ 103% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.05m | €0.06m | €0.06m | €0.08m | €0.04m | €0.3m | €0.4m | ▲ 11.2% |
| Deferred charges and accrued income490/1 | - | - | - | €260 | €0.001m | €0.1m | €0.003m | ▼ 97.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.1m | €0.2m | €0.2m | €0.2m | €0.6m | €1.0m | €1.0m | ▼ 5.6% |
| Equity10/15 | €0.08m | €0.1m | €0.1m | €0.2m | €0.1m | €0.5m | €0.6m | ▲ 3.4% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.001m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.02m | €0.02m | €0.04m | €0.08m | -€0.001m | €0.4m | €0.5m | ▲ 4.2% |
| Amounts payable17/49 | €0.06m | €0.05m | €0.07m | €0.06m | €0.5m | €0.5m | €0.4m | ▼ 15.8% |
| Amounts payable after more than one year17 | €0.02m | €0.009m | €0.03m | €0.02m | €0.3m | €0.3m | €0.3m | ▼ 14.5% |
| Financial debts170/4 | - | - | - | €0.02m | €0.3m | €0.3m | €0.3m | ▼ 14.5% |
| Amounts payable within one year42/48 | €0.03m | €0.04m | €0.04m | €0.04m | €0.2m | €0.2m | €0.1m | ▼ 18.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.007m | €0.006m | €0.006m | €0.005m | ▼ 15.0% |
| Financial debts43 | - | - | - | - | €465 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €465 | - | - | - |
| Trade debts44 | €0.003m | €0.002m | €61 | €0.001m | €0.2m | €0.1m | €0.09m | ▼ 21.9% |
| Suppliers440/4 | - | - | - | €0.001m | €0.2m | €0.1m | €0.09m | ▼ 21.9% |
| Advances received on contracts in progress46 | - | - | - | €0.004m | €0.02m | €0.02m | €0.01m | ▼ 39.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 8.7% |
| Taxes450/3 | - | - | - | €0.03m | €0.03m | €0.03m | €0.02m | ▼ 26.4% |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | €458 | €0.01m | ▲ 23× |
| Other amounts payable47/48 | - | - | - | - | - | €29 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,724 | €45,131 | €20,699 | €39,321 | -€83,406 | €441,509 | €18,452 | ▼ 95.8% |
| + Depreciation and write-downs630 | €10,077 | €13,065 | €11,298 | €13,896 | €20,633 | €33,719 | €33,374 | ▼ 1.0% |
| Operating cash flow (approximation) | €30,801 | €58,195 | €31,996 | €53,217 | -€62,774 | €475,228 | €51,826 | ▼ 89.1% |
| Investment in fixed assets (approximation) | - | -€30,000 | -€36,830 | €0 | -€431,746 | -€12,008 | -€5,179 | ▲ 56.9% |
| Change in cash | - | €8,720 | €386 | €18,391 | -€38,699 | €279,914 | €35,733 | ▼ 87.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 01-12-2025 | 2025-00573737 |
| 31-12-2023 | micro format | 28-11-2024 | 2024-00605669 |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00475957 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20133822 |
| 31-12-2020 | micro format | 28-10-2021 | 2021-75200525 |
| 31-12-2019 | micro format | 23-10-2020 | 2020-63000211 |
| 31-12-2018 | abbreviated format | 21-11-2019 | 2019-74300131 |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-65300380 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-54800505 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-58200022 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €2,000 awarded · €2,000 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Arif AKBULUT |
|
| Ferdi YILDIZ |
|
| Zülküf AKBULUT |
|
Owners and capital
Capital and shareholders
- 21-02-2024 Converted to unavailable equity · €100,000
- 21-02-2024 Converted to unavailable equity · €1,860
- 21-02-2024 Converted to unavailable equity
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-02
Gazette deed
Resignations: Zülküf AKBULUT, Arif AKBULUT and Ferdi YILDIZAppointments: Zülküf AKBULUT, Arif AKBULUT and Ferdi YILDIZ · Amendment of the articles · Legal form clause18 facts ▸
- General meeting, 08-12-2023
- Amendment of the articles (2 times)
- Legal form clause, “behouden, besloten vennootschap (afgekort BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch) (2 times)
- Declaration, “geen nog niet gestort deel van het kapitaal” (deed in Dutch)
- Capital conversion, “opheffing, middelen beschikbaar te maken voor uitkering” (deed in Dutch)
- Declaration, “notariële inlichting, draagwijdte en implicaties van het verminderen van de eigenvermogensrekening ‘niet opgevraagde inbrengen’” (deed in Dutch)
- Purpose change
- Capital
- Other provision, “opstellen gecoördineerde statuten, ondertekenen, neerlegging in vennootschapsdossier, notary mandate” (deed in Dutch)
- Registered office clause, “9000 Gent, Meulesteedsesteenweg 2” (deed in Dutch)
- Director resignation, Zülküf AKBULUT (manager)
- +6 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLegal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44021A3235/00D000 | Flanders | 280 m² | 1 · 277 m² | 13.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle mogelijke advies- en/of dienstenfuncties; Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, opleiding…” (deed in Dutch)
23 activities (deed in Dutch)
- Alle mogelijke advies- en/of dienstenfuncties
- Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, opleiding, technische expertise en bijstand
- Het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven en ondernemingen, de vertegenwoordiging en het optreden als commercieel tussenpersoon
- Het verlenen van bijstand, advies en leiding aan bedrijven, privé-personen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- In België en in het buitenland, voor eigen rekening of voor rekening van derden of gemeenschappelijke rekening met derden, freelance, in franchising: Aan- en verkoop van producten voor btb-activiteiten / aan- en verkoop van auto's / aan- en verkoop van bouwmaterialen. Publiciteit, marketing en het commercialiseren, onder al zijn mogelijke vormen van verschillende producten in zijn grootste verscheidenheid
- Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, warrants, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)-publiekrechterlijk statuut
- Het oprichten en verwerven van, het deelnemen in, het samenwerken met, het voeren van de directie over, het financieren en meefinancieren van andere ondernemingen; het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuurdersfuncties, het verlenen van advies, management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit, alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen; het zich als hoofdelijk medeschuldenares verbinden voor de schulden van derden, het verbinden van de vennootschap als borg en/of haar op enige wijze doen garant staan voor schulden of persoonlijke verplichtingen van derden, alsmede het vestigen van zekerheidsrechten op bestanddelen van het vermogen van de vennootschap voor gelijke schulden of verplichtingen van derden
- Het verrichten van al datgene wat met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn, alles in de ruimste zin
- Het aanleggen, het oordeelkundig uitbouwen, het beheren en verhandelen van een onroerend vermogen; alle verrichtingen, studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de aanpassing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan-en verkoop, de huur en verhuur, de ruil in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Zij mag bij wijze van inbreng in speciën of in natura, van fusie of splitsing, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of het buitenland, waarvan het maatschappelijk doel identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar maatschappelijk doel te bevorderen
- De vennootschap kan samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- De vennootschap mag deze handelingen verrichten voor eigen rekening en/of in eigen naam en/of voor rekening van derden
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
- De vennootschap kan eveneens deelnemen aan het bestuur van vennootschappen en verenigingen, met name de deelname aan en de bijstand bij het beheer, bestuur en management van vennootschappen, ongeacht hun doel en activiteit, via de uitoefening van de functie van bestuurder, gedelegeerd-bestuurder, directeur, directeur-generaal, manager, vereffenaar, volmachtdrager of mandataris en van alle andere topfuncties die door de vennootschap op grond van een statutaire benoeming of via een overeenkomst aan een zelfstandige manager kunnen worden uitbesteed
- De vennootschap mag verder alle roerende of onroerende goederen, materialen en benodigdheden, verwerven, huren of verhuren, vervaardigen, overdragen of ruilen, en in het algemeen, alle commerciële, industriële of financiële handelingen verrichten, die rechtstreeks of onrechtstreeks in verband staan met haar maatschappelijk doel, met inbegrip van de onderaanneming in het algemeen, en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben
- Zij mag alle roerende en onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het maatschappelijk doel van de vennootschap
- CONSULTANCY-, BEHEER- EN MANAGEMENTVENNOOTSCHAP
- HOLDING
- PATRIMONIUMVENNOOTSCHAP
- ALGEMEEN
- 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, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Bestuurders kunnen niet door arbeidsovereenkomst met vennootschap verbonden zijn” (deed in Dutch)“Algemene kosten, bedrag vaste of evenredige vergoeding door algemene vergadering met absolute meerderheid of enige aandeelhouder” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Ze zijn ingeschreven in het register van aandelen op naam; dit register omvat de vermeldingen die zijn voorgeschreven door het…” (deed in Dutch)“Op naam of gedematerialiseerd, andere effecten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vrije overdracht van geheel of deel aandelen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Wanneer de aandelen niet volledig zijn volgestort, kan het bestuursorgaan zelfstandig beslissen over de opvragingen van stortingen door de…” (deed in Dutch)“Gedurende een termijn van ten minste vijftien dagen te rekenen van de dag van de openstelling van de intekening, De opening van de…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of May at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mail, persoon kan verzaken aan oproeping” (deed in Dutch)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Mag deelnemen zonder stemrecht” (deed in Dutch)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereffenaars mogen lasthebbers aanstellen en in tijd beperkte machten toekennen voor welbepaalde verrichtingen, beslissing algemene…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien meerdere vereffenaars, algemene vergadering beslist of zij alleen, gezamenlijk of als college vertegenwoordigen, bestuurder(s) in…” (deed in Dutch)