LIFE TIME CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of LIFE TIME CONSTRUCT is 9.9% (elevated). For LIFE TIME CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €75,614 and a net result of €6,103. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 64% of 33,188 sector peers (NACE 43, financial year 2023). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- LIFE TIME CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, ARTICLE 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution et clôture liquidation en un seul acte possible dans respect article 2:80 du Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Assemblée détermine nombre,pouvoirs et émoluments, administrateurs en exercice ou à défaut un ou plusieurs liquidateurs nommés par assemblée…” (deed in French)