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LMS-SYSTEMS

Active
Private limited companyfounded 1997active for 28 yearsSt. Martinusstraat (P.) 14, 9790 Wortegem-Petegem, Belgium11 active companies are registered at this addressKBO/BCE: BE 0462.070.287
Summary

LMS-SYSTEMS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €6.2m and a net result of €486,713. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 84% of 146 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very 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.
LMS-SYSTEMS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 9790 Wortegem-Petegem,Sint-Martinusstraat 14” (deed in Dutch)

deed of 02-01-2023

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, één of meer” (deed in Dutch)

deed of 02-01-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overige aandeelhouders” (deed in Dutch)

deed of 02-01-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of September at 10:00

deed of 02-01-2023

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

Other provision: “Winstaanwending en uitkeringen, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
3 more provisions in the deed, see the deed of 02-01-2023

deed of 02-01-2023