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LL-CONSTRUCT

Active
Private limited companyfounded 2018active for 8 yearsKromstraat 27, 2480 Dessel, BelgiumKBO/BCE: BE 0688.931.711
Summary

LL-CONSTRUCT has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,728 and a net result of €60,646. Its solvency ranks better than 65% of 1,536 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Landscape service activities
NACE 81300Other specialised construction activities NACE 43990
1 site
Size
€309,854total assets 2025
Staff
0.3 FTE
Equity
€170,728
Profit
€60,646
Turnover not published (abbreviated format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 169 days early1 of 3 deeds read
Why 85raises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 1.78, cash €37,767, halvedEquity €170,728 (55.1% of total assets)Figures for financial year 2025 (filed 17-02-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 81, micro)
Financial strength · tick = 2024
Strong
Solvency 80-20
equity 55.1% of total assets
Liquidity 56-38
short-term debt 24.8% · cash 12.2%
Profitability 93-7
return on assets 19.6%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,695 companies, NACE 81, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025highest value 05-2025: 2.9%● unchanged vs 04-2025highest value 06-2025: 2.9%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -2.8 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.5%▲ +0.4 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.78, compared with 3.41 in 2024, above the usual 1.5; short-term debt: 24.8% and cash: 12.2% of total assets), and 44.9% of the assets are financed with debt and provisions.
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 81, micro): better than 65% on solvency, 57% on liquidity, 78% on profitability and 71% on growth.

The bankruptcy probability was computed on 22-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Liquidity: current ratio 1.78, cash €37,767, halved
NBB · annual accounts
lowers risk · Equity €170,728 (55.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 17-02-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-02-2026, 169 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
169 days early
2024
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 102 days before the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €150,000equity €170,728 ▲27.8%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€170,728▲ 27.8%
2024 · €133,611
Total assets
€309,854▲ 75.4%
2024 · €176,686
Net result
€60,646▼ 31.1%
2024 · €88,080
Working capital
€59,851▼ 30.6%
2024 · €86,193
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 31% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€85,520 2025 Net result€60,646 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 81, Services to buildings and landscape activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€123,752-€85,520▼ 30.9%
Net result€88,080within the sector's middle half-€60,646within the sector's middle half▼ 31.1%
Equity€133,611within the sector's middle half-€170,728within the sector's middle half▲ 27.8%
Total assets€176,686below the sector's middle half-€309,854within the sector's middle half▲ 75.4%
Debt€43,075-€139,126▲ 223%
Working capital€86,193within the sector's middle half-€59,851within the sector's middle half▼ 30.6%
Solvency75.6%above the sector's middle half-55.1%within the sector's middle half▼ 20.5pp
Current ratio3.41above the sector's middle half-1.78within the sector's middle half▼ 1.63
Return on assets (ROA)49.9%above the sector's middle half-19.6%above the sector's middle half▼ 30.3pp
Staff (FTE)0.3below the sector's middle half
above within below the middle half of NACE 81, Services to buildings and landscape activities: 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €309,854
Fixed assets €173,238 ▲ 217%
Current assets €136,617 ▲ 12.0%
Equity and liabilities €309,854
Equity €170,728 ▲ 27.8%
Debt €139,126 ▲ 223%
Debt's share of the balance-sheet total rises from 24.4% to 44.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€121,422▼
2024 · €148,135
Cash flow
€96,548▼
2024 · €112,463
Debt to equity
0.81▲
2024 · 0.32
ROE
35.5%▼
2024 · 65.9%
Interest coverage
23.95▼
2024 · 37.98
Debt ≤ 1 year
€76,765▲
2024 · €35,837
Debt > 1 year
€62,361▲
2024 · €7,237
Income taxes
€19,807▼
2024 · €31,772
Staff costs
€15,542
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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 26,974 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,686€309,854▲
Fixed assets21/28€54,655€173,238▲
Tangible fixed assets22/27€54,655€173,238▲
Land and buildings22€6,952€5,220▼
Plant, machinery and equipment23€22,472€154,588▲
Furniture and vehicles24€25,231€13,430▼
Current assets29/58€122,030€136,617▲
Amounts receivable within one year40/41€29,336€96,896▲
Trade receivables40€15,866€87,459▲
Other amounts receivable41€13,470€9,437▼
Cash at bank and in hand54/58€90,865€37,767▼
Deferred charges and accrued income490/1€1,829€1,953▲
Equity and liabilities
Total equity and liabilities10/49€176,686€309,854▲
Equity10/15€133,611€170,728▲
Contributions10/11€1,000€1,000=
Reserves13€132,611€169,728▲
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€132,511€169,628▲
Amounts payable17/49€43,075€139,126▲
Amounts payable after more than one year17€7,237€62,361▲
Financial debts170/4€7,237€62,361▲
Amounts payable within one year42/48€35,837€76,765▲
Current portion of amounts payable after more than one year42€20,709€26,036▲
Trade debts44€5,571€16,711▲
Suppliers440/4€5,571€16,711▲
Taxes, remuneration and social security45-€4,706
Remuneration and social security454/9-€4,706
Other amounts payable47/48€9,557€29,312▲
Income statement Code20242025
Non-recurring operating income76A-€6,728
Remuneration, social security and pensions62-€15,542
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,383€35,902▲
Other operating charges640/8€2,049€1,236▼
Gross operating margin9900€150,184€138,200▼
Operating profit (loss)9901€123,752€85,520▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€3,900€5,071▲
Recurring financial charges65€3,900€5,071▲
Profit (loss) for the period before taxes9903€119,852€80,453▼
Income taxes67/77€31,772€19,807▼
Profit (loss) for the period9904€88,080€60,646▼
Profit (loss) for the period to be appropriated9905€88,080€60,646▼
Appropriation of the result
Profit (loss) to be appropriated9906€88,080€60,646▼
Transfer to equity691/2€83,080€37,117▼
To other reserves6921€83,080€37,117▼
Profit to be distributed694/7€5,000€23,529▲
Return on contributions (dividend)694-€23,529
Directors or managers695€5,000-
Social balance sheet
Average headcount (FTE)9087-0.3

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€6,728-
Remuneration, social security and pensions62-€15,542-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,383€35,902▲ 47.2%
Other operating charges640/8€2,049€1,236▼ 39.7%
Gross operating margin9900€150,184€138,200▼ 8.0%
Operating profit (loss)9901€123,752€85,520▼ 30.9%
Financial income75/76B€0€4▲ 3,940%
Recurring financial income75€0€4▲ 3,940%
Financial charges65/66B€3,900€5,071▲ 30.0%
Recurring financial charges65€3,900€5,071▲ 30.0%
Profit (loss) for the period before taxes9903€119,852€80,453▼ 32.9%
Income taxes67/77€31,772€19,807▼ 37.7%
Profit (loss) for the period9904€88,080€60,646▼ 31.1%
Profit (loss) for the period to be appropriated9905€88,080€60,646▼ 31.1%
Line20242025Change
Assets
Total assets20/58€176,686€309,854▲ 75.4%
Fixed assets21/28€54,655€173,238▲ 217%
Tangible fixed assets22/27€54,655€173,238▲ 217%
Land and buildings22€6,952€5,220▼ 24.9%
Plant, machinery and equipment23€22,472€154,588▲ 588%
Furniture and vehicles24€25,231€13,430▼ 46.8%
Current assets29/58€122,030€136,617▲ 12.0%
Amounts receivable within one year40/41€29,336€96,896▲ 230%
Trade receivables40€15,866€87,459▲ 451%
Other amounts receivable41€13,470€9,437▼ 29.9%
Cash at bank and in hand54/58€90,865€37,767▼ 58.4%
Deferred charges and accrued income490/1€1,829€1,953▲ 6.8%
Equity and liabilities
Total equity and liabilities10/49€176,686€309,854▲ 75.4%
Equity10/15€133,611€170,728▲ 27.8%
Contributions10/11€1,000€1,000=
Reserves13€132,611€169,728▲ 28.0%
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€132,511€169,628▲ 28.0%
Amounts payable17/49€43,075€139,126▲ 223%
Amounts payable after more than one year17€7,237€62,361▲ 762%
Financial debts170/4€7,237€62,361▲ 762%
Amounts payable within one year42/48€35,837€76,765▲ 114%
Current portion of amounts payable after more than one year42€20,709€26,036▲ 25.7%
Trade debts44€5,571€16,711▲ 200%
Suppliers440/4€5,571€16,711▲ 200%
Taxes, remuneration and social security45-€4,706-
Remuneration and social security454/9-€4,706-
Other amounts payable47/48€9,557€29,312▲ 207%
Line20242025Change
Profit (loss) for the period9904€88,080€60,646▼ 31.1%
+ Depreciation and write-downs630€24,383€35,902▲ 47.2%
Operating cash flow (approximation)€112,463€96,548▼ 14.2%
Investment in fixed assets (approximation)--€154,484-
Change in cash--€53,097-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 12-02-2026 2026-00039171
31-12-2024 abbreviated format 26-06-2025 2025-00191347

Similar companies · same sector, comparable size

Of the 21,115 active companies whose main activity is landscape service activities (NACE 81300), figures are known for 4,441. 3,541 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €126 awarded · €126 paid
Schemes
1 entry · €126 · €126 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
LUYTEN, Levi Gust Ivonne
Director · since 03-04-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
LUYTEN, Levi Gust Ivonne
  • Manager, until 03-04-2024
  • Director, from 03-04-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 9 January 2018, LL-CONSTRUCT was incorporated.1 In 2024 the registered office moved to Dessel.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-04-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-02
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Equity above €150,000equity €170,728 ▲27.8%
A profit in every financial year since 2024 builds equity to €170,728.
26-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
03-04
Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
Appointment: LUYTEN, Levi Gust Ivonne (director) · Resignation: LUYTEN, Levi Gust Ivonne (manager) · Incorporation42 facts ▸
  • Other provision, 18-03-2024
  • General meeting, 12-03-2024
  • Incorporation, 09-01-2018
  • Other provision, “statuten ongewijzigd sedert oprichting” (deed in Dutch)
  • Registered-office move, Kromstraat 27,2480 Dessel
  • Partner, LUYTEN, Levi Gust Ivonne (general partner)
  • Partner, SLEGERS,Nancy Carla Gaby (limited partner)
  • Shareholding, 9
  • Shareholding, 1
  • Declaration, “aandelen waarmee wordt deelgenomen, geen inpandgeving of stemrechtbeperking” (deed in Dutch)
  • Other provision, “voorzitter vergadering” (deed in Dutch)
  • Declaration, “voorlezing en identiteit, volledige voorlezing gekregen,identiteitsgegevens volledig en correct” (deed in Dutch)
  • +30 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded09-01-2018
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
81300Landscape service activities
43230Insulation installation
43240Other construction installation
43350Other building finishing work
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0688931711
Also 9925:BE0688931711
Registered 05-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0688.931.711

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Dessel · 1 establishment unit since 2018
registered office establishment The establishment unit on the map
Ground area
1,397 m²
Building footprint
139 m²
Building volume
239 m³
Parcel 13006E0092/02B000, Flanders · tallest building 11.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LL-CONSTRUCT
Kromstraat 27, 2480 DesselManufacture of metal structures and parts of structures
since 2018unit no. 2.272.728.311
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13006E0092/02B000 Flanders 1,397 m² 1 · 139 m² 11.4 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het ontwerpen van tuinen en parken,enz; Landschapsverzorging; Het snoeien van bomen en heggen; Aanleggen en onderhouden van tuinen,parken en…” (deed in Dutch)
23 activities (deed in Dutch)
  1. Het ontwerpen van tuinen en parken,enz.
  2. Landschapsverzorging
  3. Het snoeien van bomen en heggen
  4. Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sprotvelden.
  5. Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven;
  6. Bouwrijp maken van terreinen
  7. Ruimen van bouwterreinen
  8. Het ontwerpen,aanleggen en onderhouden van tuinen,vijvers,zwembaden,parken,plantsoenen,(sport)velden;
  9. Het uitvoeren van grond- en graafwerken,sloop en afbraakwerken,het aanlegggen van wegverhadering en irrigatiesystemen;
  10. Aankoop,verkoop,constructie en plaasting van hekwerk,poorten en afslui-tingen.
  11. Reinigingswerken
  12. Activiteiten van klusjesman,dit in de meest ruime zin van het woord.
  13. Klinkerwerken.
  14. Rioleringswerken
  15. Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers.
  16. Bouw van rioleringen
  17. Aanleg van waterdistributienetten en rioleringen;
  18. Overige zakelijke dienstverlening
  19. De verwerving voor eigen rekening van participaties,titels,rechten of roerende waarden,onder welke vorm het ook zijn naar aanlediing van de oprichting,ontwikkeling,omvorming en controle van om het even welke ondernemingen,Belgisch of buitenlandse,commerciële,industriële of andere vennootschappen.
  20. De Deelname onder welke vorm ook aan oprichting,uitbreiding,omvorming en kartels van ondermingen en vennootschappen allerhande,alsmede het verwerven in allerhande ondernemingen van aandelen of rechten in de meest ruime zin onder meer bij wijze van inbreng,onderschrijving,aankoop of op welke wijze ook,kortom het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen.
  21. Het beheer van allerhande patrimonia en verstrekken van raad en advies in de ruimste zin der maatschappelijke behoeften.
  22. Het beheer,de aankoop,de verkoop en de verhuur van zowel roerende als onroerende goederen.
  23. De vennootschap mag in België en in het buitenland alle verrichtingen doen die in verband staan met haar voorwerp.Zij mag eveneens belangen hebben bij wijze van inbreng,inschrijving of anderszins in alle ondernemingen,verenigingen,vennootschappen die een gelijkaardig,analoog of aanverwant voorwerp nastreven of wier voorwerp van aard is dat de vennootschap te bevorderen.Zij mag zich voor deze onderneming of vennootschap borg stellen,voorschotten en krediet toestaan of andere waarborgen verstrekken.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
LL-CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan mag administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren vestigen in België of…” (deed in Dutch)

deed of 03-04-2024

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.
“Bestuursorgaan, één of meer bestuurders” (deed in Dutch)
“Vergoeding bestuurders, of mandaat al dan niet bezoldigd wordt uitgeoefend” (deed in Dutch)

deed of 03-04-2024

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 vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Artikel 12, erfgenamen en legatarissen die geen aandeelhouder van rechtswege worden vragen toestemming volgens zelfde formaliteiten” (deed in Dutch)
“Prijs geboden door kandidaat-overnemer bij gebrek overeenstemming door deskundige in gemeen overleg bij gebrek akkoord door voorzitter…” (deed in Dutch)

deed of 03-04-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITEL V. ALGEMENE VERGADERING Artikel 20. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)

deed of 03-04-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, 29” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“30, om welke reden en op welk ogenblik ook” (deed in Dutch)

deed of 03-04-2024

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

Other provision: “Statutair onbeschikbare eigen vermogensrekening, boeking inbrengen aandeelhouders niet vatbaar voor uitkering” (deed in Dutch)
Other provision: “Stortingsplicht, bestuursorgaan” (deed in Dutch)
Other provision: “Eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen in bezit, nieuwe aandelen waarop in geld wordt ingeschreven” (deed in Dutch)
Other provision: “Op naam, aard van andere effecten dan aandelen” (deed in Dutch)
Other provision: “Interne bevoegdheden bestuursorgaan, iedere bestuurder kan bijzondere machten toekennen aan elke mandataris” (deed in Dutch)
Other provision: “Dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Controle van de vennootschap, wanneer door wet vereist en binnen wettelijke grenzen” (deed in Dutch)
Other provision: “Alle besluiten tot bevoegdheid algemene vergadering,uitgezonderd bij authentieke akte te verlijden, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, 22” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, 24” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, Verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bevoegdheden algemene vergadering, oefent bevoegdheden uit die Wetboek van vennootschappen en verenigingen haar toewijst” (deed in Dutch)
Other provision: “Bestemming winst-reserves, 28” (deed in Dutch)
Other provision: “Netting-clausule, 32” (deed in Dutch)
Other provision: “Uitvoering statuten, Woonstkeuze” (deed in Dutch)
Other provision: “Gerechtelijke bevoegdheid, 34” (deed in Dutch)
Other provision: “Gemeen recht, 35” (deed in Dutch)
4 more provisions in the deed, see the deed of 03-04-2024

deed of 03-04-2024