Summary
M5T is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.6m and a net result of €65,988. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 65% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- M5T
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheid en vertegenwoordiging 14.1. Iedere bestuurder heeft de meest uitgebreide bevoegdheid om alle handelingen te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke of rechtspersonen, 1” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen-één aandeelhouder, naar evenredigheid van hun rechten in nalatenschap” (deed in Dutch)“Overgang bij overlijden en overdracht onder levenden, overdracht van aandelen-meerdere aandeelhouders” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door besluit algemene vergadering, regels voor statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Macht en bezoldiging, meest uitgebreide bevoegdheid vereffenaars te benoemen” (deed in Dutch)