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LIMITS

Active
Private limited companyfounded 1996active for 30 yearsKasteelstraat 48, 8792 Waregem, BelgiumKBO/BCE: BE 0457.172.975
Summary

LIMITS has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €81,365. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 95% of 2,801 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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LIMITSActiveChecked score 95/100
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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.
LIMITS
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)

deed of 19-06-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Onbepaalde duur bij gebrek bepaling duurtijd, één of meer bestuurders natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)

deed of 19-06-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere kopers, werkelijke waarde op…” (deed in Dutch)

deed of 19-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of June at 09:00

deed of 19-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Toegang algemene vergadering, rechten niet geschorst;bij enkel geschorst stemrecht wel deelnemen zonder stemming” (deed in Dutch)
Other provision: “Elke aandeelhouder via andere aandeelhouder, volmachten algemene vergadering” (deed in Dutch)
Other provision: “Stemrecht, 2 werkdagen voor dag algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto-actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
2 more provisions in the deed, see the deed of 19-06-2023

deed of 19-06-2023

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