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LORATEC

Active
Private limited companyfounded 2023active for 3 yearsBellevuestraat 10, 8870 Izegem, BelgiumKBO/BCE: BE 1001.403.353
Summary

LORATEC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,686 and a net result of €41,951. Its solvency ranks better than 35% of 1,681 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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LORATECActiveChecked score 84/100
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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.
LORATEC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 8870 Izegem,Bellevuestraat 10” (deed in Dutch)

deed of 23-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Externe vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)

deed of 23-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Gelijk recht in winstverdeling, beschikbare eigen vermogensrekening” (deed in Dutch)

deed of 23-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Saturday of March at 14:00

deed of 23-10-2023

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.
“Vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)

deed of 23-10-2023

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

Other provision: “Bestuurder,bij gebrek aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Binnen wettelijke grenzen,met uitzondering statutenwijzigingen, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Schriftelijk besluit, een of meerdere” (deed in Dutch)
Other provision: “Deelname algemene vergadering op afstand langs elektronische weg, door vennootschap ter beschikking gesteld elektronisch communicatiemiddel” (deed in Dutch)
Other provision: “Bestuurders en commissarissen, schriftelijke vragen langs elektronische weg vóór AV” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto-actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
Other provision: “Slot- en overgangsbepalingen, slechts vanaf neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet” (deed in Dutch)
8 more provisions in the deed, see the deed of 23-10-2023

deed of 23-10-2023

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