LIMIT
ActiveSummary
LIMIT has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,268 and a net result of €19,636. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 68% of 16,745 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Uitbating snookerzaal,biljartzaal,vergaderzaal; Uitbating taverne,drankgelegenheid,restaurant,ijssalon,tearoom; Groothandel en kleinhandel…” (deed in Dutch)
3 activities (deed in Dutch)
- Uitbating snookerzaal,biljartzaal,vergaderzaal.
- Uitbating taverne,drankgelegenheid,restaurant,ijssalon,tearoom.
- Groothandel en kleinhandel in biljarttafels en hun toebehoren,sportkledij en vrijetijdskleding.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LIMIT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, algemene kosten los representatie reis verplaatsing” (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, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden bezwarend kosteloos vrijwillig gedwongen inclusief uitsluiting uittreding in vruchtgebruik blote volle…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Per e-mail en bij ontbreken e-mailadres per gewone post zelfde dag als e-mail, ten minste vijftien dagen vanaf openstelling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en…” (deed in Dutch)