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MADECOM

Active Risk: not assessed
Private limited companyfounded 2015active for 11 yearsAlbrecht Rodenbachlaan 18, 8930 Menen, BelgiumKBO/BCE: BE 0632.740.502
Summary

MADECOM 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 €181,319 and a net result of €15,673. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 88% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€202,516total assets 2025
Equity
€181,319
Profit
€15,673
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2025 accounts on time1 of 3 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
on the day
2024
3 days early
2023
1 day early
2022
3 days late
2021
1 day early
2020
16 days late
2019
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end27-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2019 to 2025net €38,156 ▲98.6%

Financials · financial year 2025, micro format

Equity
€181,319▲ 9.5%
2024 · €165,646
Net result
€15,673▼ 58.9%
2024 · €38,156
Total assets
€202,516▲ 9.9%
2024 · €184,230
Solvency
89.5%▼ 0.4pp
2024 · 89.9%
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 54% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€25,305 2025 Net result€15,673 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€15,787-€35,044▲ 122%€38,415▲ 9.6%€18,469▼ 51.9%€29,793▲ 61.3%€55,270▲ 85.5%€25,305▼ 54.2%
Net result€10,755-€23,802within the sector's middle half▲ 121%€24,017within the sector's middle half▲ 0.9%€10,410within the sector's middle half▼ 56.7%€19,208within the sector's middle half▲ 84.5%€38,156within the sector's middle half▲ 98.6%€15,673within the sector's middle half▼ 58.9%
Equity€50,053-€73,854within the sector's middle half▲ 47.6%€97,872within the sector's middle half▲ 32.5%€108,282within the sector's middle half▲ 10.6%€127,490within the sector's middle half▲ 17.7%€165,646within the sector's middle half▲ 29.9%€181,319within the sector's middle half▲ 9.5%
Total assets€99,350-€112,052below the sector's middle half▲ 12.8%€131,468within the sector's middle half▲ 17.3%€119,818below the sector's middle half▼ 8.9%€139,920within the sector's middle half▲ 16.8%€184,230within the sector's middle half▲ 31.7%€202,516within the sector's middle half▲ 9.9%
Debt€49,297-€38,198▼ 22.5%€33,596▼ 12.0%€11,536▼ 65.7%€12,430▲ 7.8%€18,583▲ 49.5%€21,196▲ 14.1%
Working capital€40,800-€64,221within the sector's middle half▲ 57.4%€89,907within the sector's middle half▲ 40.0%€107,548within the sector's middle half▲ 19.6%€127,404within the sector's middle half▲ 18.5%€166,056above the sector's middle half▲ 30.3%€182,053above the sector's middle half▲ 9.6%
Solvency50.4%-65.9%within the sector's middle half▲ 15.5pp74.4%within the sector's middle half▲ 8.5pp90.4%above the sector's middle half▲ 15.9pp91.1%above the sector's middle half▲ 0.7pp89.9%above the sector's middle half▼ 1.2pp89.5%above the sector's middle half▼ 0.4pp
Current ratio2.45-3.49within the sector's middle half▲ 1.043.99above the sector's middle half▲ 0.5010.45above the sector's middle half▲ 6.4711.56above the sector's middle half▲ 1.1010.14above the sector's middle half▼ 1.429.90above the sector's middle half▼ 0.24
Return on assets (ROA)10.8%-21.2%above the sector's middle half▲ 10.4pp18.3%within the sector's middle half▼ 3.0pp8.7%within the sector's middle half▼ 9.6pp13.7%within the sector's middle half▲ 5.0pp20.7%within the sector's middle half▲ 7.0pp7.7%within the sector's middle half▼ 13.0pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €202,516
Equity €181,319 ▲ 9.5%
Debt €21,196 ▲ 14.1%
Debt's share of the balance-sheet total rises from 10.1% to 10.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
8.6%▼
2024 · 23.0%
Debt ≤ 1 year
€20,463▲
2024 · €18,173
Income taxes
€8,384▼
2024 · €16,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€184,230€202,516▲
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Current assets29/58€184,230€202,516▲
Amounts receivable within one year40/41€5,021€4,003▼
Trade receivables40€5,021€387▼
Other amounts receivable41-€3,616
Cash at bank and in hand54/58€179,209€198,513▲
Equity and liabilities
Total equity and liabilities10/49€184,230€202,516▲
Equity10/15€165,646€181,319▲
Contributions10/11€6,200€6,200=
Reserves13€159,446€175,119▲
Distributable reserves133€159,446€175,119▲
Amounts payable17/49€18,583€21,196▲
Amounts payable within one year42/48€18,173€20,463▲
Trade debts44€2,297-
Suppliers440/4€2,297-
Taxes, remuneration and social security45€4,333€2,417▼
Taxes450/3€4,333€2,417▼
Other amounts payable47/48€11,543€18,046▲
Accrued charges and deferred income492/3€410€733▲
Income statement Code20242025
Non-recurring operating income76A€15,385-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€446-
Other operating charges640/8€633€513▼
Gross operating margin9900€56,349€25,819▼
Operating profit (loss)9901€55,270€25,305▼
Financial charges65/66B€928€1,248▲
Recurring financial charges65€928€1,248▲
Profit (loss) for the period before taxes9903€54,341€24,058▼
Income taxes67/77€16,185€8,384▼
Profit (loss) for the period9904€38,156€15,673▼
Profit (loss) for the period to be appropriated9905€38,156€15,673▼
Appropriation of the result
Profit (loss) to be appropriated9906€38,156€15,673▼
Transfer to equity691/2€38,156€15,673▼
To other reserves6921€38,156€15,673▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€15,385--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,115€10,561€10,561€10,561€446€446--
Other operating charges640/8---€756€557€633€513▼ 19.0%
Gross operating margin9900€26,718€46,168€49,576€29,786€30,796€56,349€25,819▼ 54.2%
Operating profit (loss)9901€15,787€35,044€38,415€18,469€29,793€55,270€25,305▼ 54.2%
Financial income75/76B---€0----
Recurring financial income75€0€207-€0----
Financial charges65/66B---€482€519€928€1,248▲ 34.4%
Recurring financial charges65€1,080€749€391€482€519€928€1,248▲ 34.4%
Profit (loss) for the period before taxes9903€14,707€34,501€38,025€17,987€29,274€54,341€24,058▼ 55.7%
Income taxes67/77€3,952€10,700€14,007€7,577€10,066€16,185€8,384▼ 48.2%
Profit (loss) for the period9904€10,755€23,802€24,017€10,410€19,208€38,156€15,673▼ 58.9%
Profit (loss) for the period to be appropriated9905€10,755€23,802€24,017€10,410€19,208€38,156€15,673▼ 58.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€99,350€112,052€131,468€119,818€139,920€184,230€202,516▲ 9.9%
Fixed assets21/28€30,345€22,015€11,453€892€446€0€0-
Tangible fixed assets22/27€30,345€22,015€11,453€892€446€0€0-
Furniture and vehicles24---€892€446€0€0-
Current assets29/58€69,005€90,038€120,014€118,925€139,474€184,230€202,516▲ 9.9%
Amounts receivable within one year40/41€9€3,956€3,956€10,370€3,947€5,021€4,003▼ 20.3%
Trade receivables40---€3,947€3,947€5,021€387▼ 92.3%
Other amounts receivable41---€6,423--€3,616-
Cash at bank and in hand54/58€68,954€84,961€114,528€106,972€134,323€179,209€198,513▲ 10.8%
Deferred charges and accrued income490/1---€1,583€1,204---
Equity and liabilities
Total equity and liabilities10/49€99,350€112,052€131,468€119,818€139,920€184,230€202,516▲ 9.9%
Equity10/15€50,053€73,854€97,872€108,282€127,490€165,646€181,319▲ 9.5%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200=
Reserves13€43,853€67,654€91,672€102,082€121,290€159,446€175,119▲ 9.8%
Non-distributable reserves130/1---€1,860€1,860---
Reserves not available under the articles1311---€1,860€1,860---
Distributable reserves133---€100,222€119,430€159,446€175,119▲ 9.8%
Amounts payable17/49€49,297€38,198€33,596€11,536€12,430€18,583€21,196▲ 14.1%
Amounts payable after more than one year17€20,249€11,295€2,268-----
Amounts payable within one year42/48€28,204€25,817€30,107€11,378€12,070€18,173€20,463▲ 12.6%
Current portion of amounts payable after more than one year42---€2,268----
Trade debts44€1,148€114€359€862€258€2,297--
Suppliers440/4---€862€258€2,297--
Taxes, remuneration and social security45---€1,859€2,791€4,333€2,417▼ 44.2%
Taxes450/3---€1,859€2,791€4,333€2,417▼ 44.2%
Other amounts payable47/48---€6,388€9,021€11,543€18,046▲ 56.3%
Accrued charges and deferred income492/3---€158€360€410€733▲ 78.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€10,755€23,802€24,017€10,410€19,208€38,156€15,673▼ 58.9%
+ Depreciation and write-downs630€10,115€10,561€10,561€10,561€446€446--
Operating cash flow (approximation)€20,870€34,363€34,579€20,972€19,654€38,602€15,673▼ 59.4%
Investment in fixed assets (approximation)--€2,231€0€0€0€0€0-
Change in cash-€16,007€29,567-€7,556€27,350€44,886€19,304▼ 57.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-03-2025 micro format 31-10-2025 2025-00555560
31-03-2024 micro format 28-10-2024 2024-00515793
31-03-2023 micro format 30-10-2023 2023-00496523
31-03-2022 micro format 03-11-2022 2022-20482170
31-03-2021 micro format 30-10-2021 2021-75800562
31-03-2020 micro format 16-11-2020 2020-70800143
31-03-2019 micro format 25-10-2019 2019-71500195
31-03-2018 micro format 26-10-2018 2018-70400247
31-03-2017 abbreviated format 28-10-2017 2017-68600460

Similar companies · same sector, comparable size

Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. 13,721 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
DEWITTE Maxim Gaston Jerome
Director (not named in the articles) · since 03-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DEWITTE Maxim Gaston Jerome
  • Director (not named in the articles), from 03-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

History

MADECOM was incorporated on 25 June 2015.1 Total assets rose from €99,350 in 2019 to €202,516 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
28-10
NBB filing Annual accounts filed
financial year 2024 · micro format
31-03
Financial Highest result from 2019 to 2025net €38,156 ▲98.6%
Operating result €55,270, net result €38,156, both a record.
31-03
Financial Equity above €150,000equity €165,646 ▲29.9%
A profit in every financial year since 2019 builds equity to €165,646.
03-01
Gazette deed Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
Appointment: DEWITTE Maxim Gaston Jerome (director) · Incorporation · Capital conversion12 facts ▸
  • General meeting, 22-12-2023
  • Incorporation, 24-06-2015
  • Other provision, “Albrecht Rodenbachlaan 18,8930 Lauwe/Menen” (deed in Dutch)
  • Other provision, “statutes unchanged since seat move, statuten sedertdien niet meer gewijzigd” (deed in Dutch)
  • Other provision, “submission to WVV and retention of legal form, statuten aanpassen aan WVV en rechtsvorm Besloten Vennootschap(afgekort BV)behouden” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “aangelegde statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering, Tweede besluit vervolg” (deed in Dutch)
  • Purpose change
  • Other provision, “niet-statutair bestuurder” (deed in Dutch)
  • Director appointment, DEWITTE Maxim Gaston Jerome (director (not named in the articles))
  • Amendment of the articles
  • Registered office clause, “8930 Lauwe/Menen,Albrecht Rodenbachlaan 18” (deed in Dutch)
2023
30-10
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
03-11
NBB filing Annual accounts filed
financial year 2022 · micro format · 3 days late
31-03
Financial Weakest financial yearnet €10,410 ▼56.7%
Net result drops to €10,410, the lowest in the series; recovery starts the following year.
31-03
Financial Liquidity more than doubledcurrent ratio 10.45
Current ratio from 3.99 to 10.45; short-term debt falls from €30,107 to €11,378.
31-03
Financial Equity above €100,000equity €108,282 ▲10.6%
A profit in every financial year since 2019 builds equity to €108,282.
2021
30-10
NBB filing Annual accounts filed
financial year 2021 · micro format
2020
16-11
NBB filing Annual accounts filed
financial year 2020 · micro format · 16 days late
Show earlier events
2019
25-10
NBB filing Annual accounts filed
financial year 2019 · micro format
2018
26-10
NBB filing Annual accounts filed
financial year 2018 · micro format
2017
28-10
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded25-06-2015
Financial year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0632740502

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
3,330 m²
Building footprint
483 m²
Building volume
2,152 m³
2 parcels, Flanders · tallest building 9.3 m. Linked by address, not a title deed.
1 establishment unit
Hanebroekweg 9, 8906 Ieper
Activities of head offices
since 2015unit no. 2.243.230.017
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34024B0371/00S004 Flanders 2,458 m² 1 · 281 m² 9.3 m · 2
33007C0313/00F000 Flanders 872 m² 1 · 202 m² 6.0 m · 1
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies; Het verlenen van…” (deed in Dutch)
14 activities (deed in Dutch)
  1. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies.
  2. Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
  3. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
  4. Het uitbaten van gites,vakantiewoningen en – appartementen
  5. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meeste ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
  6. Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
  7. Het verlenen van administratieve prestaties en computerservices.
  8. De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ’t kort tussenpersoon in de handel.
  9. Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
  10. Het verwerven en beheren voor eigen rekening van een onroerend patrimonium;het stellen van alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
  11. Het verwerven en beheren voor eigen rekening van een roerend patrimonium;het stellen van alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,behalve indien deze verrichtingen wettelijk voorbehouden zijn aan kredietinstellingen.
  12. De vennootschap kan in het algemeen alle burgerlijke,commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of gedeeltelijk te vergemakkelijken.
  13. De vennootschap mag betrokken zijn bij wijze van inbreng,fusie,inschrijving of op elke andere wijze in ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
  14. Zij mag zich voor deze ondernemingen,verenigingen of vennootschappen borg stellen of hun aval verlenen,voorschotten en krediet toestaan,hypothecaire of andere volmachten verstrekken.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MADECOM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Artikel 3” (deed in Dutch)

deed of 03-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 12 : Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot…”
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer, vaste of veranderlijke bezoldigingen of vergoedingen op algemene kosten te verhalen” (deed in Dutch)

deed of 03-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“1/6200ste, alle effecten die niet door of krachtens de wet zijn verboden” (deed in Dutch)

deed of 03-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of September at 12:00

deed of 03-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Op elk moment, vereisten voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Voorwaarden artikel 2:80 WVV” (deed in Dutch)
“Voorzitter bevoegde ondernemingsrechtbank, enkel schulden tegenover aandeelhouders en alle aandeelhouders-schuldeisers schriftelijk akkoord” (deed in Dutch)

deed of 03-01-2024

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

Other provision: “Aandelen op naam - Register - Overdracht, niet gesplitst in onder-aandelen” (deed in Dutch)
Other provision: “Niet-volstorting nieuwe aandelen – Voorkeurrecht, op door hem bepaalde tijdstippen” (deed in Dutch)
Other provision: “Niet meer dan netto-actief waarde zoals blijkt uit laatste goedgekeurde jaarrekening, aandeelhouders hebben recht uit te treden ten laste…” (deed in Dutch)
Other provision: “Uitsluiting, wettige reden” (deed in Dutch)
Other provision: “Bijzondere volmachten, binnen perken verleende volmachten” (deed in Dutch)
Other provision: “Bestuurder of lid collegiaal bestuursorgaan met rechtstreeks of onrechtstreeks vermogensrechtelijk strijdig belang gehouden artikel 5:76 en…” (deed in Dutch)
Other provision: “Toezicht - Benoeming en bevoegdheid, ter plaatse inzage boeken,brieven,notulen en algemeen alle geschriften” (deed in Dutch)
Other provision: “Stemrecht, 1” (deed in Dutch)
Other provision: “Schriftelijke besluitvorming – Deelname via elektronisch communicatiemiddel – vraagstelling – stemming, wijze bepaald in intern reglement…” (deed in Dutch)
Other provision: “Vennootschapsvordering-Minderheidsvordering, artikel 5:104 WVV” (deed in Dutch)
Other provision: “Uitkeringen aan aandeelhouders en tantièmes, artikelen 5:142 en 5:143 WVV” (deed in Dutch)
Other provision: “Bestuursorgaan, Interimdividend” (deed in Dutch)
Other provision: “Verkrijgen eigen aandelen of certificaten of inschrijven op certificaten na uitgifte overeenstemmende aandelen, Verkrijging eigen aandelen…” (deed in Dutch)
Other provision: “Middelen voorschieten,leningen toestaan of zekerheden stellen met oog op verkrijging aandelen of certificaten, Financiering verkrijging…” (deed in Dutch)
Other provision: “Te bestemmen winst bepaald door geldend boekhoudrecht, Bestemming van de winst-Reserve” (deed in Dutch)
Other provision: “Keuze van woonplaats, dagvaardingen,betekeningen,kennisgevingen betreffende zaak vennootschap” (deed in Dutch)
3 more provisions in the deed, see the deed of 03-01-2024

deed of 03-01-2024