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LLAPI GROUP

Active
Private limited companyfounded 2016active for 10 yearsLouis Mettewielaan 91, 1080 Sint-Jans-Molenbeek, Belgium31 active companies are registered at this addressKBO/BCE: BE 0649.840.909
Summary

The computed 12-month bankruptcy probability of LLAPI GROUP is 4.1% (elevated). The 2024 annual accounts show negative equity (-€31,045) and a net result of €1,879. Equity is shrinking by about 17% per year across the filed financial years. The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
“Tous travaux en bâtiments : Toitures, maçonnerie, carrelage, électricité, démolition, nettoyage de vitres, nettoyage…” (deed in French)
From the articles, 8 activitiesNo NACE code in the KBO yet1 site
Size
€24,776turnover 2024
Equity
-€31,045
Profit
€1,879
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.1%
Structure
Accounts 83 days overdue3 of 5 deeds read
Why 49raises risk1 financial year not filed after the legal deadline; latest accounts 126 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 12-12-2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.16, cash €2,408Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Average
Solvency 0=
equity -531.1% of total assets
Liquidity 50+15
short-term debt 631.1% · cash 41.2%
Profitability 100+100
return on assets 32.1%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,750 companies, NACE 56, micro)
Last 24 months 11-2024: 6.1% 12-2024: 7.3%▲ +1.2 percentage points vs 11-2024 01-2025: 8.6%▲ +1.3 percentage points vs 12-2024 02-2025: 8.6%● unchanged vs 01-2025 03-2025: 8.7%▲ +0.1 percentage points vs 02-2025 04-2025: 8.0%▼ -0.7 percentage points vs 03-2025 05-2025: 8.0%● unchanged vs 04-2025 06-2025: 7.8%▼ -0.2 percentage points vs 05-2025 07-2025: 7.8%● unchanged vs 06-2025 08-2025: 9.5%▲ +1.7 percentage points vs 07-2025highest value 09-2025: 9.5%● unchanged vs 08-2025highest value 10-2025: 9.5%● unchanged vs 09-2025highest value 11-2025: 9.5%● unchanged vs 10-2025highest value 12-2025: 9.5%● unchanged vs 11-2025highest value 01-2026: 3.4%▼ -6.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.0%▼ -0.4 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026lowest value 08-2026: 3.2%▲ +0.2 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026 10-2026: 4.1%▲ +0.6 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.16, compared with 0.24 in 2023, below 1; short-term debt: 631.1% and cash: 41.2% of total assets), and equity is negative.
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 56, micro): better than 9% on solvency, 49% on liquidity, 93% on profitability and 75% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 126 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 12-12-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 0.16, cash €2,408
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 83 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
126 days late
2023
491 days late
2022
213 days late
2020
312 days late
2019
279 days late
2017
44 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 244 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: LLAPI Rifat (director)Appointment: DI PIETRANTONIO Giacinto (director)…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 22 October 2026.

Turnover
€24,776▲ 432%
2023 · €4,654
EBIT margin
9.2%▲ 475.8pp
2023 · -466.7%
Net result
€1,879
2023 · -€21,971
Working capital
-€31,045▲ 5.7%
2023 · -€32,924
Trend over the years

2019 to 2024, 5 financial years 2019 to 2024, 5 financial years

The operating result returns to profit in 2024: €2,274 after a loss of €21,718 in 2023.

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

Turnover€24,776 2024 Operating result€2,274 2024 Net result€1,879 2024

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

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202220232024
Turnover€19,254-€4,654▼ 75.8%€24,776▲ 432%
Operating result-€15,501--€9,072▲ 41.5%€3,227--€21,718€2,274
Net result-€15,819--€9,205▲ 41.8%€3,197--€21,971€1,879
EBIT margin16.8%--466.7%▼ 483.4pp9.2%▲ 475.8pp
Equity-€11,636--€20,840▼ 79.1%-€23,354--€32,924▼ 41.0%-€31,045▲ 5.7%
Total assets€197-€3,495▲ 1,674%€3,313-€10,349▲ 212%€5,845▼ 43.5%
Debt€11,833-€24,336▲ 106%€26,667-€43,273▲ 62.3%€36,890▼ 14.8%
Working capital-€11,636--€20,840▼ 79.1%-€23,354--€32,924▼ 41.0%-€31,045▲ 5.7%
Key figures and ratios
2024 value · change against 2023
Solvency
-531.1%▼
2023 · -318.1%
Current ratio
0.16▼
2023 · 0.24
Quick ratio
0.15▼
2023 · 0.23
ROA
32.1%▲
2023 · -212.3%
Debt ≤ 1 year
€36,890▼
2023 · €43,273
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
91.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 3,632 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 · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€10,349€5,845▼
Current assets29/58€10,349€5,845▼
Stocks and contracts in progress3€375€375=
Stocks30/36€375€375=
Amounts receivable within one year40/41€7,036€3,062▼
Trade receivables40€4,655-
Other amounts receivable41€2,381€3,062▲
Cash at bank and in hand54/58€2,938€2,408▼
Equity and liabilities
Total equity and liabilities10/49€10,349€5,845▼
Equity10/15-€32,924-€31,045▲
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Profit (loss) carried forward14-€51,524-€49,645▲
Amounts payable17/49€43,273€36,890▼
Amounts payable within one year42/48€43,273€36,890▼
Trade debts44€12,229€22,176▲
Suppliers440/4€12,229€22,176▲
Taxes, remuneration and social security45€1,186€1,186=
Taxes450/3€1,186€1,186=
Other amounts payable47/48€29,858€13,528▼
Income statement Code20232024
Turnover70€4,654€24,776▲
Goods, raw materials, services and sundry goods60/61€26,372€22,500▼
Other operating charges640/8€383-
Gross operating margin9900-€21,335€2,274▲
Operating profit (loss)9901-€21,718€2,274▲
Financial charges65/66B€253€395▲
Recurring financial charges65€253€395▲
Profit (loss) for the period before taxes9903-€21,971€1,879▲
Profit (loss) for the period9904-€21,971€1,879▲
Profit (loss) for the period to be appropriated9905-€21,971€1,879▲
Appropriation of the result
Profit (loss) to be appropriated9906-€51,524-€49,645▲
Profit (loss) brought forward from the previous period14P-€29,553-€51,524▼
Line20192020202220232024Change
Turnover70--€19,254€4,654€24,776▲ 432%
Goods, raw materials, services and sundry goods60/61--€14,925€26,372€22,500▼ 14.7%
Other operating charges640/8-€3,504€1,102€383--
Gross operating margin9900-€12,406-€5,569€4,329-€21,335€2,274-
Operating profit (loss)9901-€15,501-€9,072€3,227-€21,718€2,274-
Financial charges65/66B-€132€30€253€395▲ 56.1%
Recurring financial charges65€318€132€30€253€395▲ 56.1%
Profit (loss) for the period before taxes9903-€15,819-€9,205€3,197-€21,971€1,879-
Profit (loss) for the period9904-€15,819-€9,205€3,197-€21,971€1,879-
Profit (loss) for the period to be appropriated9905-€15,819-€9,205€3,197-€21,971€1,879-
Line20192020202220232024Change
Assets
Total assets20/58€197€3,495€3,313€10,349€5,845▼ 43.5%
Current assets29/58€197€3,495€3,313€10,349€5,845▼ 43.5%
Stocks and contracts in progress3-€600€375€375€375=
Stocks30/36-€600€375€375€375=
Amounts receivable within one year40/41€53€97€362€7,036€3,062▼ 56.5%
Trade receivables40---€4,655--
Other amounts receivable41-€97€362€2,381€3,062▲ 28.6%
Cash at bank and in hand54/58€144€2,798€2,576€2,938€2,408▼ 18.0%
Equity and liabilities
Total equity and liabilities10/49€197€3,495€3,313€10,349€5,845▼ 43.5%
Equity10/15-€11,636-€20,840-€23,354-€32,924-€31,045▲ 5.7%
Contributions10/11€6,200€6,200€6,200€18,600€18,600=
Capital10-€6,200-€18,600€18,600=
Issued capital100-€18,600-€18,600€18,600=
Uncalled capital101-€12,400----
Contributions outside capital11--€6,200---
Other1109/19--€6,200---
Profit (loss) carried forward14-€17,836-€27,040-€29,554-€51,524-€49,645▲ 3.6%
Amounts payable17/49€11,833€24,336€26,667€43,273€36,890▼ 14.8%
Amounts payable within one year42/48€11,833€24,336€26,667€43,273€36,890▼ 14.8%
Trade debts44--€10,097€12,229€22,176▲ 81.3%
Suppliers440/4--€10,097€12,229€22,176▲ 81.3%
Taxes, remuneration and social security45--€1,187€1,186€1,186=
Taxes450/3--€1,187€1,186€1,186=
Other amounts payable47/48-€24,336€15,383€29,858€13,528▼ 54.7%
Line20192020202220232024Change
Profit (loss) for the period9904-€15,819-€9,205€3,197-€21,971€1,879-
Operating cash flow (approximation)-€15,819-€9,205€3,197-€21,971€1,879-
Change in cash-€2,654-€362-€530-

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 (7)
Financial year Type Filed Reference
31-12-2024 full format 04-12-2025 2025-00580177
31-12-2023 full format 04-12-2025 2025-00576915
31-12-2022 full format 29-02-2024 2024-00037414
31-12-2020 full format 08-06-2022 2022-20053845
31-12-2019 full format 06-05-2021 2021-13500473
31-12-2017 full format 13-09-2018 2018-63000092
31-12-2016 full format 22-02-2018 2018-05500404

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 2026
DI PIETRANTONIO Giacinto
Director · since 01-04-2026
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 5 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

3 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DI PIETRANTONIO Giacinto
  • Director, from 01-04-2026 to date
LLAPI Rifat
  • Director, until 28-03-2025
  • Director (not named in the articles), from 28-03-2025 to 01-04-2026
Cekic Esat
  • Manager, until 09-02-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 28-03-2025 Capital stated in the deed · 100 shares

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

LLAPI GROUP was incorporated on 11 March 2016.1 The registered office was moved to Bruxelles in 2026.2 Turnover grew from €19,254 in 2022 to €24,776 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-10-2026
  3. 3National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

2026
12-10
Gazette deed Resignation: LLAPI Rifat (director)
Appointment: DI PIETRANTONIO Giacinto (director) · Share transfer · Shareholding8 facts ▸
  • General meeting, 01-04-2026
  • Director resignation, LLAPI Rifat (director)
  • Director appointment, DI PIETRANTONIO Giacinto (director)
  • Share transfer, LLAPI Rifat → DI PIETRANTONIO Giacinto
  • Shareholding, 01-04-2026, “parts sociales” (deed in French)
  • Other provision, 01-04-2026 (2 times)
  • Transfer of a branch of activity or universality, “universality, actif et passif” (deed in French)
  • Registered-office move, Boulevard Louis Mettewie 91 bte 42, 1080 Bruxelles
2025
04-12
NBB filing Annual accounts filed
financial year 2024 · full format · 126 days late
04-12
NBB filing Annual accounts filed
financial year 2023 · full format · 491 days late
28-03
Gazette deed Resignation: LLAPI Rifat (director)
Appointment: LLAPI Rifat (director) · Power of attorney · Board rule12 facts ▸
  • Power of attorney, Wouter Vandenbosch
  • Director resignation, LLAPI Rifat (director)
  • Board rule, 1
  • Other provision, “décharge gérant démissionnaire reportée, assemblée décidera à prochaine assemblée générale annuelle sur décharge pour exécution du mandat” (deed in French)
  • Director appointment, LLAPI Rifat (director (not named in the articles))
  • Other provision, 21-03-2025
  • Registered office clause, “1030 Schaerbeek, Chaussée de Haecht”, 707 (deed in French)
  • General meeting, 21-03-2025
  • Amendment of the articles (2 times)
  • Capital conversion, “suppression, disponibles pour distribution” (deed in French)
  • Capital
  • Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
2024
31-12
Financial Back to profitnet €1,879
Net result €1,879 after one loss-making year.
29-02
NBB filing Annual accounts filed
financial year 2022 · full format · 213 days late
09-02
Gazette deed Resignation: Cekic Esat (manager)
Director discharge · Power of attorney6 facts ▸
  • General meeting, 21-06-2023
  • Director resignation, Cekic Esat (manager)
  • Director discharge, Cekic Esat (manager)
  • Director in office, Llapi Rifat (manager)
  • Other provision, “Présidentdelaréunion”, meeting chair (deed in French)
  • Power of attorney, Elzbieta Faustyna Swierczek Llapi
2023
31-12
Financial Weakest financial yearnet -€21,971
Net result drops to -€21,971, the lowest in the series; recovery starts the following year.
2022
31-12
Financial Back to profitnet €3,197
Net result €3,197 after 2 loss-making years.
08-06
NBB filing Annual accounts filed
financial year 2020 · full format · 312 days late
2021
06-05
NBB filing Annual accounts filed
financial year 2019 · full format · 279 days late
2018
13-09
NBB filing Annual accounts filed
financial year 2017 · full format · 44 days late
22-02
NBB filing Annual accounts filed
financial year 2016 · full format · 206 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
3 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 3 have 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
Founded11-03-2016
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0649840909
Also 9925:BE0649840909
Registered 31-12-2025

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

Register as of 22 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Schaarbeekunit no. 2.295.838.857
1 permission
Drankgelegenheid · since 09-12-2019

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

Sites & property

Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
8,758 m²
Building footprint
401 m²
Building volume
23,942 m³
2 parcels, Brussels · tallest building 87.4 m. Linked by address, not a title deed.
31 companies at this address See who is registered here
1 establishment unit
Victor bar
Dokter Elie Lambottestraat 170, 1030 SchaarbeekLimited-service restaurants, excluding mobile food services
since 2019unit no. 2.295.838.857
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21524C0141/00X002 Brussels 8,521 m² 1 · 274 m² 87.4 m · 28
21902A0246/00H002 Brussels 237 m² 1 · 127 m² 16.6 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous travaux en bâtiments : Toitures, maçonnerie, carrelage, électricité, démolition, nettoyage de vitres, nettoyage industriel, ravalement…” (deed in French)
8 activities (deed in French)
  1. Tous travaux en bâtiments : Toitures, maçonnerie, carrelage, électricité, démolition, nettoyage de vitres, nettoyage industriel, ravalement de façades, plomberie, chauffage, raccordement de gaz, peintures, pose d'échafaudage, désamiantage, grue, pose de nacelle industrielles, construction de routes et autoroutes, parachèvement, gros oeuvres, tranchées, achat et ventes de matériaux de constructions, plafonnage, gyproc, pose de panneaux photovoltaïques, isolation thermique, isolation acoustique, pose de châssis et de vérandas, déblayage de Chantiers, pose d'armatures, ferraillage dalle en bétons, tous corps de métiers bâtiment
  2. Transports de marchandises, déménagements, tous transports terrestres, colis express, fret, transports de substances chimiques type ADR, transports de déchets etc ...
  3. L’acquisition, la création, l’aménagement, l’agencement, l’installation, l’achat, la vente, la location, la gestion, la gérance, l’exploitation pour compte propre, pour compte d’autrui, par et avec autrui, des établissements de type HORECA : à savoir : restaurant, hôtel, motel, taverne, brasserie, friterie, snack, débits de boissons, dancing, bar, club privé, snack-bar, locaux et salon de consommation, traiteurs, salles de spectacles, la présente énumération étant exemplative et non limitative, ainsi que toutes activités relatives à la fourniture de tous produits et services de quelque nature que ce soit en rapport direct ou indirect avec l’activité mentionnée, et plus généralement toutes activités de secteur HORECA dans le sens le plus large
  4. L'acquisition, la création, l’exploitation de salons de coiffure pour hommes, dames et enfants, bancs solaires, salons d’esthétique, instituts de beauté, l’achat, la vente, le commerce en gros et au détail, l’importation et l’exportation de produits et matériel de coiffure, produits de beauté, produits d’esthétisme, de produits cosmétiques, produits de parfumerie et connexe, de bijoux de fantaisie
  5. Elle pourra faire ces opérations en nom propre, mais aussi pour compte de tiers.
  6. L’entreprise de nettoyage de tous espaces et locaux.
  7. Toutes opérations industrielles, commerciales, financières ou civiles, mobilières et immobilières, ayant un rapport direct ou indirect avec son objet.
  8. S’intéresser par voie d’apport, de fusion, de souscription, ou de toute autre manière à d’autres entreprises ou sociétés belges ou étrangères dont le but se rattacherait à l’objet de la présente société ou qui serait utile au développement ou à l’amélioration de ses affaires

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.
LLAPI GROUP
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, organe d’administration,simple décision,sièges…” (deed in French)

deed of 28-03-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, organe d'administration” (deed in French)

deed of 28-03-2025

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.
“Moitié cédant,moitié acquéreurs prorata actions, mêmes formalités,agrément sauf plein droit” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Par préférence aux existants proportionnellement, apport en numéraire avec émission nouvelles actions-droit de préférence” (deed in French)

deed of 28-03-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Monday of May at 18:00

deed of 28-03-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, sans préjudice faculté assemblée générale de désigner un ou plusieurs…” (deed in French)

deed of 28-03-2025

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

Other provision: “Indépendamment des frais éventuels de représentation, voyages et déplacements, rémunération des administrateurs” (deed in French)
Other provision: “L'organe détermine s'ils agissent seul ou conjointement, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Assemblée générale électronique, règlement peut soumettre l'utilisation à des conditions” (deed in French)
Other provision: “Par écrit, par voie électronique à adresse indiquée dans convocation, questions écrites avant assemblée générale” (deed in French)
Other provision: “Admission à l’assemblée générale, pour actionnaires, remplir conditions pour exercer droit de vote” (deed in French)
Other provision: “Séances-procès-verbaux, signées par un ou plusieurs membres de l’organe d’administration ayant pouvoir de représentation” (deed in French)
Other provision: “Chaque action donne droit à une voix sous réserve dispositions légales actions sans droit de vote, délibérations-vote-procuration” (deed in French)
Liquidation distribution: “Biens conservés remis pour être partagés dans même proportion, après apurement dettes,charges et frais ou consignation montants nécessaires” (deed in French)
Other provision: “Exécution des statuts, siège” (deed in French)
Other provision: “Compétence judiciaire, litiges entre société,actionnaires,administrateurs,commissaires et liquidateurs relatifs aux affaires de la société…” (deed in French)
Other provision: “Droit commun, clauses contraires aux dispositions impératives censées non écrites” (deed in French)
Other provision: “Appels de fonds, organe d’administration” (deed in French)
3 more provisions in the deed, see the deed of 28-03-2025

deed of 28-03-2025