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LITS

Active
Private limited companyfounded 2024active for 2 yearsRijvers 99, 9930 Lievegem, BelgiumKBO/BCE: BE 1012.074.838
Summary

LITS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,447 and a net result of €34,835. Its solvency ranks better than 49% of 1,797 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (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.
LITS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 02-08-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)

deed of 02-08-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
15 March at 20:00

deed of 02-08-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)
“Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij ontbinding,om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)

deed of 02-08-2024

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

Other provision: “Schriftelijke algemene vergadering, aandeelhouders kunnen eenparig en schriftelijk binnen wettelijke grenzen alle besluiten van algemene…” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, Artikel 20” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, helft gereserveerd,helft uitgekeerd” (deed in Dutch)
Liquidation distribution: “Na herstelling evenwicht tussen aandelen bij niet-volgestorte aandelen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
1 more provision in the deed, see the deed of 02-08-2024

deed of 02-08-2024