LogicFarm
ActiveSummary
LogicFarm has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,328 and a net result of €5,864. Its solvency ranks better than 55% of 3,700 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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.
- LogicFarm
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, constat authentique de la modification statutaire éventuelle,sans modification de la langue des statuts” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoir de représentation 12.1. Chaque administrateur représente la Société à l'égard des tiers et en justice, soit en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non, assemblée générale fixe nombre,durée et,en cas de…” (deed in French)“Frais généraux,indépendamment des frais de représentation,voyages et déplacements, assemblée générale à majorité absolue ou actionnaire…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives,numéro d’ordre, registre des actions nominatives avec mentions CSA,consultable par titulaires pour leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entre vifs ou pour cause de mort,sans agrément, agrément d’au moins la moitié des actionnaires et titulaires d’au moins trois/quart des…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale formes modifications statuts, non dissoute par…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed