LTEC
ActiveSummary
LTEC has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,039 and a net result of €23,342. Equity is growing by about 50% per year across the filed financial years. Its solvency ranks better than 48% of 1,680 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (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.
- LTEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Waterhoennest 38,8501 Kortrijk” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “3. Ingeval er slechts één bestuurder is, zal hij de bovengenoemde machten uitoefenen en kan hij dezelfde bevoegdheidsoverdrachten doen…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur bij gebrek aan bepaling duurtijd, bestuursorgaan” (deed in Dutch)“Iedere bestuurder alle handelingen nodig of dienstig tot verwezenlijking voorwerp behoudens alleen algemene vergadering bevoegd volgens WVV…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed