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MATH'IMMO

Active
Private limited companyfounded 2024active for 2 yearsGrand-Route, Hing. 63, 5380 Fernelmont, BelgiumKBO/BCE: BE 1007.480.897
Summary

MATH'IMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,377 and a net result of -€1,649. Its solvency ranks better than 48% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€31,285total assets 2025
Equity
€8,377
Loss
-€1,649
Turnover not published (micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
2025 accounts filed 38 days late
Why 64raises risk1 change of registered office in 24 monthsFounded in 2024Last filed accounts filed 38 days late; 1 of the last 3 latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 52+2
equity 26.8% of total assets
Liquidity 50-10
short-term debt 23.4% · cash 6.6%
Profitability 62-26
return on assets -5.3%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,614 companies, NACE 68, micro)
Last 24 months 04-2025: 0.6%lowest value 05-2025: 0.6%● unchanged vs 04-2025lowest value 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.5 percentage points vs 07-2025 09-2025: 0.7%▼ -0.5 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.3%▼ -0.5 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.42, compared with 1.5 in 2024, below the usual 1.5; short-term debt: 23.4% and cash: 6.6% of total assets), and 73.2% 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 68, micro): better than 46% on solvency, 47% on liquidity, 49% on profitability and 23% on growth.

The bankruptcy probability was computed on 25-10-2026 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 risk
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
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
raises risk · Last filed accounts filed 38 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
38 days late
2024
28 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 33 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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
25-10-2026 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. Annual accounts filedfinancial year 2024 · micro…
  3. Registered officeRegistered-office move · Director in…

Financials · financial year 2025, micro format

2025 annual accounts filed late (38 days) Filed on 7 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508899.

Equity
€8,377▼ 16.4%
2024 · €10,026
Total assets
€31,285▼ 21.2%
2024 · €39,713
Net result
-€1,649
2024 · €6,026
Working capital
€3,077▼ 28.6%
2024 · €4,308
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 96% below 2024.

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

Operating result€329 2025 Net result-€1,649 2025

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

Sector: the middle half of NACE 68, Real estate 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€8,997-€329▼ 96.3%
Net result€6,026within the sector's middle half--€1,649within the sector's middle half
Equity€10,026within the sector's middle half-€8,377within the sector's middle half▼ 16.4%
Total assets€39,713below the sector's middle half-€31,285below the sector's middle half▼ 21.2%
Debt€29,687-€22,908▼ 22.8%
Working capital€4,308within the sector's middle half-€3,077within the sector's middle half▼ 28.6%
Solvency25.2%within the sector's middle half-26.8%within the sector's middle half▲ 1.5pp
Current ratio1.50within the sector's middle half-1.42within the sector's middle half▼ 0.08
Return on assets (ROA)15.2%above the sector's middle half--5.3%below the sector's middle half▼ 20.4pp
above within below the middle half of NACE 68, Real estate 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 €31,285
Fixed assets €20,898 ▼ 21.9%
Current assets €10,387 ▼ 19.8%
Equity and liabilities €31,285
Equity €8,377 ▼ 16.4%
Debt €22,908 ▼ 22.8%
Debt's share of the balance-sheet total falls from 74.8% to 73.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,198▼
2024 · €11,308
Cash flow
€4,221▼
2024 · €8,336
Debt to equity
2.73▼
2024 · 2.96
ROE
-19.7%▼
2024 · 60.1%
Interest coverage
6.34▼
2024 · 21.50
Debt ≤ 1 year
€7,310▼
2024 · €8,638
Debt > 1 year
€15,598▼
2024 · €21,049
Income taxes
€1,272▼
2024 · €2,572
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,475 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% 0.9%
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 1,271 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€39,713€31,285▼
Fixed assets21/28€26,767€20,898▼
Tangible fixed assets22/27€26,767€20,898▼
Furniture and vehicles24€26,767€20,898▼
Current assets29/58€12,946€10,387▼
Amounts receivable within one year40/41€5,194€6,492▲
Trade receivables40-€649
Other amounts receivable41€5,194€5,843▲
Cash at bank and in hand54/58€5,558€2,062▼
Deferred charges and accrued income490/1€2,194€1,833▼
Equity and liabilities
Total equity and liabilities10/49€39,713€31,285▼
Equity10/15€10,026€8,377▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€6,026€4,377▼
Amounts payable17/49€29,687€22,908▼
Amounts payable after more than one year17€21,049€15,598▼
Financial debts170/4€21,049€15,598▼
Amounts payable within one year42/48€8,638€7,310▼
Current portion of amounts payable after more than one year42€5,246€5,451▲
Trade debts44€412€402▼
Suppliers440/4€412€402▼
Taxes, remuneration and social security45€2,980€1,457▼
Taxes450/3€2,980€1,457▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,310€5,869▲
Other operating charges640/8€1,117€1,532▲
Gross operating margin9900€12,425€7,730▼
Operating profit (loss)9901€8,997€329▼
Financial income75/76B€127€272▲
Recurring financial income75€127€272▲
Financial charges65/66B€526€977▲
Recurring financial charges65€526€977▲
Profit (loss) for the period before taxes9903€8,598-€376▼
Income taxes67/77€2,572€1,272▼
Profit (loss) for the period9904€6,026-€1,649▼
Profit (loss) for the period to be appropriated9905€6,026-€1,649▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,026€4,377▼
Profit (loss) brought forward from the previous period14P-€6,026

The notes to these accounts (5 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€2,310€5,869▲ 154%
Other operating charges640/8€1,117€1,532▲ 37.1%
Gross operating margin9900€12,425€7,730▼ 37.8%
Operating profit (loss)9901€8,997€329▼ 96.3%
Financial income75/76B€127€272▲ 114%
Recurring financial income75€127€272▲ 114%
Financial charges65/66B€526€977▲ 85.8%
Recurring financial charges65€526€977▲ 85.8%
Profit (loss) for the period before taxes9903€8,598-€376-
Income taxes67/77€2,572€1,272▼ 50.5%
Profit (loss) for the period9904€6,026-€1,649-
Profit (loss) for the period to be appropriated9905€6,026-€1,649-
Line20242025Change
Assets
Total assets20/58€39,713€31,285▼ 21.2%
Fixed assets21/28€26,767€20,898▼ 21.9%
Tangible fixed assets22/27€26,767€20,898▼ 21.9%
Furniture and vehicles24€26,767€20,898▼ 21.9%
Current assets29/58€12,946€10,387▼ 19.8%
Amounts receivable within one year40/41€5,194€6,492▲ 25.0%
Trade receivables40-€649-
Other amounts receivable41€5,194€5,843▲ 12.5%
Cash at bank and in hand54/58€5,558€2,062▼ 62.9%
Deferred charges and accrued income490/1€2,194€1,833▼ 16.4%
Equity and liabilities
Total equity and liabilities10/49€39,713€31,285▼ 21.2%
Equity10/15€10,026€8,377▼ 16.4%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€6,026€4,377▼ 27.4%
Amounts payable17/49€29,687€22,908▼ 22.8%
Amounts payable after more than one year17€21,049€15,598▼ 25.9%
Financial debts170/4€21,049€15,598▼ 25.9%
Amounts payable within one year42/48€8,638€7,310▼ 15.4%
Current portion of amounts payable after more than one year42€5,246€5,451▲ 3.9%
Trade debts44€412€402▼ 2.5%
Suppliers440/4€412€402▼ 2.5%
Taxes, remuneration and social security45€2,980€1,457▼ 51.1%
Taxes450/3€2,980€1,457▼ 51.1%
Line20242025Change
Profit (loss) for the period9904€6,026-€1,649-
+ Depreciation and write-downs630€2,310€5,869▲ 154%
Operating cash flow (approximation)€8,336€4,221▼ 49.4%
Investment in fixed assets (approximation)-€0-
Change in cash--€3,496-

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 07-09-2026 2026-00508899
31-12-2024 micro format 28-08-2025 2025-00418935

Similar companies · same sector, comparable size

Of the 11,698 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,013. 2,824 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 2024
MATHIEU Eline Alexandra Marie Blanche
Director (not named in the articles) · since 26-03-2024
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 →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MATHIEU Eline Alexandra Marie Blanche
  • Director (not named in the articles), from 26-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 26-03-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 26-03-2024 Incorporation · €4,000 · 100 shares

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 22 March 2024, MATH'IMMO was incorporated as a private limited company by one natural person, with a starting capital of €4,000.12 In 2025 the registered office moved to Hingeon.3 MATHIEU Eline Alexandra Marie Blanche has served as director of the company since 2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-03-2024
  3. 3Belgian Official Gazette, 24-07-2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
07-09
NBB filing Annual accounts filed
financial year 2025 · micro format · 38 days late
2025
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
24-07
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 01-05-2025
  • Registered-office move, Grand Route 63/3 à 5380 Hingeon
  • Director in office, Mathieu Eline Alexandra (director)
2024
26-03
Gazette deed Incorporation
Appointment: MATHIEU Eline Alexandra Marie Blanche (director) · Permanent representative: MATHIEU Eline Alexandra Marie Blanche · Founder12 facts ▸
  • Founder, MATHIEU Eline Alexandra Marie Blanche (comparant,fondateur)
  • Incorporation, 22-03-2024
  • Founding capital, €4,000
  • Bank account, 4000, “BE17 7512 1299 0721” (deed in French)
  • Other provision, “arrêt des statuts, comparants déclarent arrêter statuts” (deed in French)
  • General meeting, “unanimité des voix, adoption statuts, société définitivement constituée, décisions finales 1 à 7” (deed in French)
  • Registered office clause, “5300 Andenne, Rue Maurice Bertrand 543D” (deed in French)
  • Board rule, 1
  • Director appointment, MATHIEU Eline Alexandra Marie Blanche (director (not named in the articles))
  • Permanent representative, MATHIEU Eline Alexandra Marie Blanche
  • Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et activités entreprises par l un ou l autre des comparants au nom et pour compte de la société en format…” (deed in French)
  • Other provision, “adresse mail et site internet, n a pas d adresse mail” (deed in French)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded22-03-2024
Financial year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Contact
E-mail eline.mathieu@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007480897
Also 9925:BE1007480897
Registered 19-08-2025

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

Register as of 25 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, Fernelmont · 1 establishment unit since 2024
registered office establishment approximate The establishment unit on the map
Ground area
1,181 m²
Parcel 92064A0213/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MATH'IMMO
Grand-Route, Hing. 63, 5380 FernelmontReal estate agency activities
since 2024unit no. 2.358.260.238
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
92064A0213/00P000 Wallonia 1,181 m² - -
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.
“L'exercice de la profession d'agent immobilier,et notamment : L'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la…” (deed in French)
16 activities (deed in French)
  1. L'exercice de la profession d'agent immobilier,et notamment : L'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d'achat,la mise en valeur,le lotissement,l'affermage,l'exploitation,l'entretien et la gérance de tous immeubles bâtis,meublés ou non,de tous immeubles non-bâtis,domaines,fonds de commerce et caetera
  2. Elle peut donner à bail ses installations et exploitations ou les donner à gérer à des tiers,en tout ou en partie
  3. Elle pourra également louer ou sous louer,acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège social,un siège d’exploitation,ou d’y loger ses dirigeants et les membres de leur famille à titre de résidence principale ou secondaire
  4. Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l'ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts;souscrire des engagements en tant que conseiller en construction (études de génie civil et des divers équipements techniques des immeubles);acheter tous matériaux,signer tous contrats d'entreprises qui seraient nécessaires;réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d'immeubles
  5. La prestation de tous services dans le cadre de son objet,y compris la gestion de patrimoine
  6. La conception,l’invention,la fabrication,la construction,l’importation,l’exportation,l’achat et la vente,la distribution,l’entretien,l’exploitation tant en nom propre qu’en qualité d’agent,de commissionnaire ou de courtier : a) de tout bien immobilier accessoire aux biens immobiliers visés ci-avant ; b) de parcomètres,ainsi que de tous autres appareils destinés à contrôler,empêcher ou limiter le stationnement de véhicules,tant sur la voie publique que dans les propriétés privées
  7. L’activité de syndic d’immeubles soit la prise en charge de la gestion des parties communes d’immeubles en copropriété,l’activité de régisseur de biens,soit l’administration de biens immeubles et droits immobiliers,l’activité de couverture en assurances des risques encourus pour les biens objets des activités ci-avant décrites
  8. La société peut réaliser toutes les missions qui peuvent être confiées en vertu des lois particulières à l’agent immobilier,le tout dans le respect des lois,arrêtés ou autre texte légal concernant la profession d’agent immobilier et pour autant que cela soit compatible avec la déontologie à laquelle ladite profession est soumise
  9. L’activité de marchand de biens
  10. La gestion d’un patrimoine mobilier et immobilier,pour compte propre,compte de tiers,participation avec tiers : toutes opérations civiles d’achat,de vente,de transformation,d’aménagement,de conclusion de baux commerciaux et/ou civils,de sous-location,d’échange et de vente de tous immeubles à l’exclusion de l’entreprise d’achat d’immeubles en vue de la revente
  11. La commercialisation,sous toutes ses formes et notamment l’achat,la vente,en gros et en détail,le courtage et la commission des produits conçus et/ou fabriqués par elle ou par toutes autres sociétés,et notamment la vente de tout objet,matériel ou matériau en rapport avec ce qui précède
  12. L’importation,l’exportation,les opérations de vente et d’achats internationales,toutes activités de transport de biens et de personnes,la commercialisation de tous biens d’équipements et de marchandises de toutes natures,la représentation commerciale de toutes marques,la vente en gros,demi-gros et détail,le commerce en général
  13. Elle peut faire tout ce qui est utile ou nécessaire à l’accomplissement de son objet social et accomplir toutes opérations commerciales,industrielles,mobilières,immobilières ou financières se rattachant directement ou indirectement à son objet social et notamment l’achat,la vente,la location de tous biens meubles,immeubles ou fonds de commerce appartenant à la société
  14. Acquérir,aliéner,prendre ou donner en location tous immeuble ou fonds de commerce,acquérir,céder tous brevets,licences,marques de fabrique ou de commerce,s’intéresser à toutes sociétés ou entreprises dont l’objet serait similaire,analogue ou connexe ou utile à l’extension de ses opérations
  15. Toutes opérations mobilières,immobilières,commerciales,industrielles,financières se rapportant directement ou indirectement à son objet social via association,partenariat ou sous-traitance d’entreprises titulaires des accès,agréations ou enregistrements requis
  16. Tous placements en valeurs mobilières,s’intéresser par association,apport,fusion,souscription,participation,intervention financière à toutes sociétés existantes ou à créer,et conférer toutes sûretés pour compte de tiers

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.
MATH’IMMO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et étranger par organe d’administration” (deed in French)

deed of 26-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“1- Adresse du siège : L’adresse du siège est située à 5300 Andenne, Rue Maurice Bertrand 543D 2- Administrateur non statutaire L’assemblée…”
Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 26-03-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, électronique ou papier au choix organe d'administration” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs au prorata si plusieurs, sans recours,rachat exigible au prix notifié ou expert à défaut,commun accord ou…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Droit au débiteur-gagiste, actionnaires existants proportionnellement aux actions détenues” (deed in French)

deed of 26-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Wednesday of June at 19:00

deed of 26-03-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Dissolution volontaire et dissolution-clôture en un seul acte, commissaire ou à défaut réviseur ou expert-comptable et fiscal externe…” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
2 provisions in the deed

deed of 26-03-2024

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

Other provision: “Appels de fonds, organe d’administration souverainement,traitement égal” (deed in French)
Other provision: “Compte de capitaux propres statutairement indisponible, apports de fondateurs non inscrits” (deed in French)
Other provision: “Indivisibilité des titres, vote suspendu jusqu'à seul titulaire désigné” (deed in French)
Other provision: “Dernier jour du sixième mois, démission d'actionnaire à charge du patrimoine” (deed in French)
Other provision: “Exclusion d'actionnaire, actions annulées” (deed in French)
Other provision: “Rémunération de l'administrateur, portée aux frais généraux, indépendamment des frais de représentation, voyages et déplacements” (deed in French)
Other provision: “Contrôle de la société, sinon surveillance par les actionnaires” (deed in French)
Other provision: “Toutes les décisions relevant du pouvoir de l'assemblée générale, assemblée générale par procédure écrite” (deed in French)
Other provision: “Admission à l'assemblée générale, titulaire de titres nominatifs inscrit en cette qualité dans le registre des titres nominatifs relatif à…” (deed in French)
Other provision: “Séances - procès-verbaux, liste de présences, rapports éventuels, procurations, votes par correspondance” (deed in French)
Other provision: “Chaque action une voix sous réserve des actions sans droit de vote, délibérations - vote” (deed in French)
Other provision: “Organe d'administration, trois semaines” (deed in French)
Other provision: “Pouvoirs de l'assemblée générale, ceux conférés par le Code des sociétés et des associations” (deed in French)
Other provision: “Affectation par assemblée sur proposition de l'administrateur/du conseil dans le respect ci-dessus, répartition - réserves - acompte sur…” (deed in French)
Liquidation distribution: “Après apurement dettes charges frais ou consignation et après égalisation si actions non entièrement libérées par appels complémentaires ou…” (deed in French)
Other provision: “Élection de domicile, tout actionnaire, administrateur, commissaire, liquidateur ou porteur d obligations domicilié à l étranger” (deed in French)
Other provision: “Droit commun, clauses contraires aux dispositions impératives CSA censées non écrites” (deed in French)
3 more provisions in the deed, see the deed of 26-03-2024

deed of 26-03-2024