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Maksolution

Active
Private limited companyfounded 2024active for 2 yearsVeldstraat(Kor) 24, 8500 Kortrijk, BelgiumKBO/BCE: BE 1005.602.958
Summary

Maksolution has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,155 and a net result of €2,022. Its solvency ranks better than 36% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Demolition
NACE 43110
1 site
Size
€23,865total assets 2025
Equity
€8,155
Profit
€2,022
Turnover not published (micro format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts 9 days early
Why 66raises riskFounded in 2024Size: total assets €23,865Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.11, cash €5,369Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 59-13
equity 34.2% of total assets
Liquidity 43-18
short-term debt 65.8% · cash 22.5%
Profitability 79-21
return on assets 8.5%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,585 companies, NACE 43, micro)
Last 24 months 03-2025: 1.9% 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 2.0%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.4 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.9%▼ -1.8 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.2 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 0.64 in 2024, below the usual 1.5; short-term debt: 65.8% and cash: 22.5% of total assets), and 65.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 36% on solvency, 33% on liquidity, 58% on profitability and 76% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.11, cash €5,369
NBB · annual accounts
raises risk · Size: total assets €23,865
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
9 days early
2024
15 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 3 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: Makowski Maximilian (director)Gazette deed
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€8,155▲ 33.0%
2024 · €6,133
Total assets
€23,865▲ 84.0%
2024 · €12,973
Net result
€2,022▼ 60.6%
2024 · €5,133
Working capital
€1,745
2024 · -€2,484
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 62% below 2024.

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

Operating result€2,440 2025 Net result€2,022 2025

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

Sector: the middle half of NACE 43, Specialised construction activities: 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
Line20242025
Operating result€6,451-€2,440▼ 62.2%
Net result€5,133within the sector's middle half-€2,022within the sector's middle half▼ 60.6%
Equity€6,133below the sector's middle half-€8,155below the sector's middle half▲ 33.0%
Total assets€12,973below the sector's middle half-€23,865below the sector's middle half▲ 84.0%
Debt€6,840-€15,710▲ 130%
Working capital-€2,484below the sector's middle half-€1,745below the sector's middle half
Solvency47.3%within the sector's middle half-34.2%within the sector's middle half▼ 13.1pp
Current ratio0.64below the sector's middle half-1.11within the sector's middle half▲ 0.47
Return on assets (ROA)39.6%above the sector's middle half-8.5%within the sector's middle half▼ 31.1pp
above within below the middle half of NACE 43, Specialised construction activities: 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
Assets €23,219
Fixed assets €5,764 ▼ 25.7%
Current assets €17,455 ▲ 301%
Equity and liabilities €23,865
Equity €8,155 ▲ 33.0%
Debt €15,710 ▲ 130%
Debt's share of the balance-sheet total rises from 52.7% to 65.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,648▼
2024 · €8,283
Cash flow
€4,229▼
2024 · €6,966
Debt to equity
1.93▲
2024 · 1.12
ROE
24.8%▼
2024 · 83.7%
Interest coverage
87.33▼
2024 · over 100
Debt ≤ 1 year
€15,710▲
2024 · €6,840
Income taxes
€595▼
2024 · €1,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,973€23,865▲
Formation expenses20€861€646▼
Fixed assets21/28€7,757€5,764▼
Tangible fixed assets22/27€7,757€5,764▼
Plant, machinery and equipment23€627€335▼
Furniture and vehicles24€7,130€5,430▼
Current assets29/58€4,356€17,455▲
Amounts receivable within one year40/41€419€12,037▲
Trade receivables40€165€10,010▲
Other amounts receivable41€254€2,027▲
Cash at bank and in hand54/58€3,937€5,369▲
Deferred charges and accrued income490/1-€48
Equity and liabilities
Total equity and liabilities10/49€12,973€23,865▲
Equity10/15€6,133€8,155▲
Contributions10/11€1,000€1,000=
Reserves13€5,133€7,155▲
Distributable reserves133€5,133€7,155▲
Amounts payable17/49€6,840€15,710▲
Amounts payable within one year42/48€6,840€15,710▲
Trade debts44€3,409-
Suppliers440/4€3,409-
Taxes, remuneration and social security45€1,283€2,612▲
Taxes450/3€1,283€2,612▲
Other amounts payable47/48€2,148€13,098▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,833€2,207▲
Other operating charges640/8€185€419▲
Gross operating margin9900€8,468€5,066▼
Operating profit (loss)9901€6,451€2,440▼
Financial income75/76B-€229
Recurring financial income75-€229
Financial charges65/66B€34€53▲
Recurring financial charges65€34€53▲
Profit (loss) for the period before taxes9903€6,416€2,617▼
Income taxes67/77€1,283€595▼
Profit (loss) for the period9904€5,133€2,022▼
Profit (loss) for the period to be appropriated9905€5,133€2,022▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,133€2,022▼
Transfer to equity691/2€5,133€2,022▼
To other reserves6921€5,133€2,022▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,833€2,207▲ 20.4%
Other operating charges640/8€185€419▲ 127%
Gross operating margin9900€8,468€5,066▼ 40.2%
Operating profit (loss)9901€6,451€2,440▼ 62.2%
Financial income75/76B-€229-
Recurring financial income75-€229-
Financial charges65/66B€34€53▲ 56.0%
Recurring financial charges65€34€53▲ 56.0%
Profit (loss) for the period before taxes9903€6,416€2,617▼ 59.2%
Income taxes67/77€1,283€595▼ 53.7%
Profit (loss) for the period9904€5,133€2,022▼ 60.6%
Profit (loss) for the period to be appropriated9905€5,133€2,022▼ 60.6%
Line20242025Change
Assets
Total assets20/58€12,973€23,865▲ 84.0%
Formation expenses20€861€646▼ 24.9%
Fixed assets21/28€7,757€5,764▼ 25.7%
Tangible fixed assets22/27€7,757€5,764▼ 25.7%
Plant, machinery and equipment23€627€335▼ 46.7%
Furniture and vehicles24€7,130€5,430▼ 23.8%
Current assets29/58€4,356€17,455▲ 301%
Amounts receivable within one year40/41€419€12,037▲ 2,775%
Trade receivables40€165€10,010▲ 5,967%
Other amounts receivable41€254€2,027▲ 699%
Cash at bank and in hand54/58€3,937€5,369▲ 36.4%
Deferred charges and accrued income490/1-€48-
Equity and liabilities
Total equity and liabilities10/49€12,973€23,865▲ 84.0%
Equity10/15€6,133€8,155▲ 33.0%
Contributions10/11€1,000€1,000=
Reserves13€5,133€7,155▲ 39.4%
Distributable reserves133€5,133€7,155▲ 39.4%
Amounts payable17/49€6,840€15,710▲ 130%
Amounts payable within one year42/48€6,840€15,710▲ 130%
Trade debts44€3,409--
Suppliers440/4€3,409--
Taxes, remuneration and social security45€1,283€2,612▲ 104%
Taxes450/3€1,283€2,612▲ 104%
Other amounts payable47/48€2,148€13,098▲ 510%
Line20242025Change
Profit (loss) for the period9904€5,133€2,022▼ 60.6%
+ Depreciation and write-downs630€1,833€2,207▲ 20.4%
Operating cash flow (approximation)€6,966€4,229▼ 39.3%
Investment in fixed assets (approximation)--€214-
Change in cash-€1,432-

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 (2)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00317730
31-12-2024 micro format 15-08-2025 2025-00377523

Similar companies · same sector, comparable size

Of the 1,333 active companies whose main activity is demolition (NACE 43110), figures are known for 643. 264 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, no change since 2025
Makowski Maximilian
Director · since 30-09-2025
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 →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Makowski Maximilian
  • Director, from 30-09-2025 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 network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

On 5 February 2024, Maksolution was incorporated as a private limited company.1 Makowski Maximilian has served as director of the company since 2025.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-10-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
15-10
Gazette deed Appointment: Makowski Maximilian (director)
2 facts ▸
  • General meeting, 30-09-2025
  • Director appointment, Makowski Maximilian (director)
15-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 15 days late
2024
07-02
Gazette deed Incorporation
Appointment: MAKOWSKI Sylwester (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 01-02-2024
  • Founder, MAKOWSKI Sylwester
  • Founding capital
  • Registered office clause, “8500 Kortrijk,Veldstraat 24” (deed in Dutch)
  • Board rule, 1
  • Director appointment, MAKOWSKI Sylwester (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen daaruit en alle activiteiten door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Other provision, “voor beknopt uittreksel uitgereikt voor publicatie in bijlagen tot Belgisch Staatsblad” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded05-02-2024
Financial year end31-12
Activities, NACEBEL 2025
43110Demolition
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005602958
Also 9925:BE1005602958
Registered 22-01-2026

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

Register as of 21 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1005.602.958

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

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
118 m²
Building footprint
86 m²
Building volume
499 m³
Parcel 34353B0089/00C005, Flanders · tallest building 11.6 m. Linked by address, not a title deed.
1 establishment unit
Maksolution
Veldstraat(Kor) 24, 8500 KortrijkDemolition
since 2024unit no. 2.356.416.050
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34353B0089/00C005 Flanders 118 m² 1 · 86 m² 11.6 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De aan- en verkoop van allerlei nieuw of tweedehands materiaal,dit zowel in het binnenland als in het buitenland; De recyclage van…” (deed in Dutch)
33 activities (deed in Dutch)
  1. De aan- en verkoop van allerlei nieuw of tweedehands materiaal,dit zowel in het binnenland als in het buitenland;
  2. De recyclage van allerhande materialen;
  3. Ophalen,opslaan,sorteren,mechanisch behandelen en doorverkopen van afvalstoffen en recuperatiemateriaal,zoals papier,karton,hout,textiel,kunststoffen,glas,rubber,bouw- en sloopafval,groenafval,metaal (ferro en non ferro),autowrakken,batterijen,banden,enzovoort;
  4. Containerdienst voor allerlei goederen,afvalstoffen en recuperatiemateriaal;
  5. Het vervoer van alle goederen langs de baan,over water of door de lucht inbegrepen;
  6. Het laden en lossen,evenals de montage en alle manipulaties van goederen,dit zowel in het binnenland als in het buitenland;
  7. Vervoer voor derden van allerlei goederen,afvalstoffen en recuperatiemateriaal,inclusief goederen onderworpen aan ADR;
  8. Alle vormen van goederenvervoer;
  9. De groothandel in tweedehandsvoertuigen,van onderdelen en bijhorigheden voor voertuigen en tweedehandsartikelen;
  10. Onderhouden,herstellen en verkopen van allerlei voertuigen alsook van de onderdelen (garage);
  11. Depolueren van allerlei voertuigen;
  12. Alle activiteiten in verband met bouwpromotie,de bouw,de aan-en verkoop,heropbouw,restauratie van woningen en hun bijbehoren en omgeving;
  13. Het aanleggen en onderhouden van diverse terreinen,zoals speelpleinen en sportvelden,parken en tuinen met inbegrip van beplantingen en het plaatsen van afsluitingen en omheiningen;
  14. Het optrekken van gebouwen (ruwbouw en onder dak zetten),evenals de bekisting en het ijzervlechtwerk;
  15. Slopingswerken zoals het slopen van gebouwen en kunstwerken,evenals het effenen en het wegruimen;
  16. Voegwerken;
  17. Het dakdekken en isoleren tegen vochtigheid,zoals het bedekken van gebouwen,het waterdicht maken van gebouwen met asfalt en teer of andere materialen,het droogmaken van gebouwen;
  18. De thermische en geluidsisolatie;
  19. Het leggen van kabels en diverse leidingen;
  20. Stukadoorswerken zoals plafonneer- cementeer- en alle andere pleisterwerken,berapingswerken,plaatsen van chapes en gips- en staffwerken;
  21. Schildersbedrijf;
  22. Het plaatsen van vloer- en muurbedekking zoals het leggen van tegelvloeren,mozaïek en alle andere bedekkingen van muren en vloeren;
  23. Restauratiewerken,omvattende het restaureren,reinigen en wassen van gebouwen,gevels en monumenten,het ontsmetten van woongelegenheden,lokalen,meubels,stofferingen en allerhande voorwerpen;
  24. Onderneming voor het optrekken van gebouwen in de meest ruime zin van het woord.
  25. De installatie van klimatisatie-installaties;
  26. Algemene bouwonderneming;
  27. Het vervaardigen van machines;
  28. Het vervaardigen van metalen constructies;
  29. Groot- en kleinhandel van metalen,van toestellen voor centrale verwarming en toebehoren,cilindrieke assen en kogels;
  30. De groot- en kleinhandel van machines,werktuigen,elektrische toestellen en gereedschappen voor metalen constructies; de groot- en kleinhandel in oud ijzer;
  31. Afbraakwerken van voertuigen,machines en constructies;
  32. Alle afbraakwerken;
  33. De aan - en verkoop,in - en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in 't kort tussenpersoon in de handel;

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.
Maksolution
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 07-02-2024

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.
“Met of zonder beperking van duur, Artikel 12” (deed in Dutch)
“Artikel 13, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)

deed of 07-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 16:00

deed of 07-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)

deed of 07-02-2024

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

Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningssaldo” (deed in Dutch)
Other provision: “Schriftelijke eenparige besluiten algemene vergadering, binnen wettelijke grenzen” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, attest van erkende rekeninghouder of vereffeningsinstelling te bezorgen aan vennootschap” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld communicatiemiddel, deelneming op afstand aan algemene vergadering” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, absolute meerderheid van stemmen” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering” (deed in Dutch)
Other provision: “Interim dividenden, artikelen 5:142 en 5:143 Wetboek Vennootschappen en Verenigingen” (deed in Dutch)
Liquidation distribution: “Netto-actief onder alle aandeelhouders naar verhouding aantal aandelen, alle schulden,lasten en kosten of consignatie nodige sommen” (deed in Dutch)
1 more provision in the deed, see the deed of 07-02-2024

deed of 07-02-2024