Lu Space
ActiveSummary
Lu Space has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of -€71,689. Its solvency ranks better than 78% of 2,466 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Lu Space
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “9000 Gent,Simon De Mirabellostraat 3+” (deed in Dutch)1 more provision on this in the deed
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.
- “Aantal,duur opdracht en bij meerdere bestuurders bevoegdheid, een of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet…” (deed in Dutch)“Alle handelingen nodig of nuttig voor verwezenlijking voorwerp, bevoegdheden bestuursorgaan” (deed in Dutch)“Vergoeding bestuurders, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, ieder aandeel gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen,inzage voor…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 10:00
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.
- “Op elk moment, algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen” (deed in Dutch)