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MELT

Active
Private limited companyfounded 2024active for 2 yearsWaterputweg(Heu) 2, 8501 Kortrijk, BelgiumKBO/BCE: BE 1010.349.327
Summary

MELT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,938 and a net result of €92,194. Its solvency ranks better than 76% of 499 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of furniture
NACE 31002
1 site
Size
≈ €330,000turnover 2025, estimated
Equity
€131,938
Profit
€92,194
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 15 days early
Why 95raises riskFounded in 2024Sector: Manufacture of furniture (NACE 31)lowers riskLiquidity: current ratio 2.55, cash €130,846Equity €131,938 (69.2% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 31, micro)
Financial strength · tick = 2024
Strong
Solvency 94+26
equity 69.2% of total assets
Liquidity 87+16
short-term debt 30.8% · cash 68.7%
Profitability 100=
return on assets 48.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 07-2025: 1.8%highest value 08-2025: 0.3%▼ -1.5 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €12,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.55, compared with 1.4 in 2024, above the usual 1.5; short-term debt: 30.8% and cash: 68.7% of total assets), and 30.8% 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 31, micro): better than 77% on solvency, 87% on liquidity, 95% on profitability and 97% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.55, cash €130,846
NBB · annual accounts
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 · Equity €131,938 (69.2% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of furniture (NACE 31)
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 16-07-2026, 15 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
15 days early
2024
6 days early
← 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 11 days before the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% 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
30-10-2026 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. Equity above €100,000equity €131,938 ▲232%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €330,000
Estimated: probably between €220,000 and €510,000
Total assets
€190,581▲ 108%
2024 · €91,556
Net result
€92,194▲ 151%
2024 · €36,744
Working capital
€90,887▲ 338%
2024 · €20,769
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 157% above 2024.

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

Operating result€121,299 2025 Net result€92,194 2025

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

Sector: the middle half of NACE 31, Manufacture of furniture: 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€47,189-€121,299▲ 157%
Net result€36,744above the sector's middle half-€92,194above the sector's middle half▲ 151%
Equity€39,744within the sector's middle half-€131,938above the sector's middle half▲ 232%
Total assets€91,556within the sector's middle half-€190,581within the sector's middle half▲ 108%
Debt€51,813-€58,644▲ 13.2%
Working capital€20,769within the sector's middle half-€90,887above the sector's middle half▲ 338%
Solvency43.4%within the sector's middle half-69.2%above the sector's middle half▲ 25.8pp
Current ratio1.40within the sector's middle half-2.55within the sector's middle half▲ 1.15
Return on assets (ROA)40.1%above the sector's middle half-48.4%above the sector's middle half▲ 8.2pp
above within below the middle half of NACE 31, Manufacture of furniture: 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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190,581
Fixed assets €41,051 ▲ 116%
Current assets €149,530 ▲ 106%
Equity and liabilities €190,581
Equity €131,938 ▲ 232%
Debt €58,644 ▲ 13.2%
Debt's share of the balance-sheet total falls from 56.6% to 30.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€130,944▲
2024 · €49,214
Cash flow
€101,839▲
2024 · €38,769
Debt to equity
0.44▼
2024 · 1.30
ROE
69.9%▼
2024 · 92.5%
Interest coverage
56.17▲
2024 · 46.96
Debt ≤ 1 year
€58,644▲
2024 · €51,813
Income taxes
€26,784▲
2024 · €9,446
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 95.9% 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
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€91,556€190,581▲
Fixed assets21/28€18,975€41,051▲
Tangible fixed assets22/27€18,975€41,051▲
Plant, machinery and equipment23€1,686€3,847▲
Furniture and vehicles24€17,288€37,204▲
Current assets29/58€72,582€149,530▲
Amounts receivable within one year40/41€17,079€17,649▲
Trade receivables40€17,079€17,646▲
Other amounts receivable41-€3
Cash at bank and in hand54/58€54,564€130,846▲
Deferred charges and accrued income490/1€939€1,036▲
Equity and liabilities
Total equity and liabilities10/49€91,556€190,581▲
Equity10/15€39,744€131,938▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€36,744€128,938▲
Amounts payable17/49€51,813€58,644▲
Amounts payable within one year42/48€51,813€58,644▲
Trade debts44€7,310€333▼
Suppliers440/4€7,310€333▼
Taxes, remuneration and social security45€10,915€27,490▲
Taxes450/3€10,915€27,490▲
Other amounts payable47/48€33,588€30,821▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,025€9,645▲
Other operating charges640/8€717€2,249▲
Gross operating margin9900€49,931€133,193▲
Operating profit (loss)9901€47,189€121,299▲
Financial income75/76B€49€10▼
Recurring financial income75€49€10▼
Financial charges65/66B€1,048€2,331▲
Recurring financial charges65€1,048€2,331▲
Profit (loss) for the period before taxes9903€46,189€118,978▲
Income taxes67/77€9,446€26,784▲
Profit (loss) for the period9904€36,744€92,194▲
Profit (loss) for the period to be appropriated9905€36,744€92,194▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,744€128,938▲
Profit (loss) brought forward from the previous period14P-€36,744

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€2,025€9,645▲ 376%
Other operating charges640/8€717€2,249▲ 214%
Gross operating margin9900€49,931€133,193▲ 167%
Operating profit (loss)9901€47,189€121,299▲ 157%
Financial income75/76B€49€10▼ 79.9%
Recurring financial income75€49€10▼ 79.9%
Financial charges65/66B€1,048€2,331▲ 122%
Recurring financial charges65€1,048€2,331▲ 122%
Profit (loss) for the period before taxes9903€46,189€118,978▲ 158%
Income taxes67/77€9,446€26,784▲ 184%
Profit (loss) for the period9904€36,744€92,194▲ 151%
Profit (loss) for the period to be appropriated9905€36,744€92,194▲ 151%
Line20242025Change
Assets
Total assets20/58€91,556€190,581▲ 108%
Fixed assets21/28€18,975€41,051▲ 116%
Tangible fixed assets22/27€18,975€41,051▲ 116%
Plant, machinery and equipment23€1,686€3,847▲ 128%
Furniture and vehicles24€17,288€37,204▲ 115%
Current assets29/58€72,582€149,530▲ 106%
Amounts receivable within one year40/41€17,079€17,649▲ 3.3%
Trade receivables40€17,079€17,646▲ 3.3%
Other amounts receivable41-€3-
Cash at bank and in hand54/58€54,564€130,846▲ 140%
Deferred charges and accrued income490/1€939€1,036▲ 10.3%
Equity and liabilities
Total equity and liabilities10/49€91,556€190,581▲ 108%
Equity10/15€39,744€131,938▲ 232%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€36,744€128,938▲ 251%
Amounts payable17/49€51,813€58,644▲ 13.2%
Amounts payable within one year42/48€51,813€58,644▲ 13.2%
Trade debts44€7,310€333▼ 95.4%
Suppliers440/4€7,310€333▼ 95.4%
Taxes, remuneration and social security45€10,915€27,490▲ 152%
Taxes450/3€10,915€27,490▲ 152%
Other amounts payable47/48€33,588€30,821▼ 8.2%
Line20242025Change
Profit (loss) for the period9904€36,744€92,194▲ 151%
+ Depreciation and write-downs630€2,025€9,645▲ 376%
Operating cash flow (approximation)€38,769€101,839▲ 163%
Investment in fixed assets (approximation)--€31,721-
Change in cash-€76,282-

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 16-07-2026 2026-00299492
31-12-2024 micro format 25-07-2025 2025-00307776

Similar companies · same sector, comparable size

Of the 603 active companies whose main activity is manufacture of furniture (NACE 31002), figures are known for 350. 284 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
Timothé Louvaert
Director (not named in the articles) · since 17-06-2024
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
Timothé Louvaert
  • Director (not named in the articles), from 17-06-2024 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 17-06-2024 ↗
  • Timothé Louvaert 5 shares (50%) · €1,500 · volledig volstort
  • Els De Brabant 5 shares (50%) · €1,500 · volledig volstort

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

Capital over the years
  1. 17-06-2024 Incorporation · €3,000 · 10 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 13 June 2024, MELT was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 Timothé Louvaert has served as director of the company since 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Equity above €100,000equity €131,938 ▲232%
A profit in every financial year since 2024 builds equity to €131,938.
25-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
17-06
Gazette deed Incorporation
Appointment: Timothé Louvaert (director) · Bank account · Pre-incorporation commitments8 facts ▸
  • Incorporation, 12-06-2024
  • Bank account, “KBC Bank, vennootschap in oprichting” (deed in Dutch)
  • Other provision, “website en e-mail adres” (deed in Dutch)
  • Director appointment, Timothé Louvaert (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en alle verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen in naam en voor rekening van de vennootschap in opr…” (deed in Dutch)
  • Power of attorney, Dirk Hendrickx
  • Other provision, “UBO-register, de oprichter dient zelf in te staan voor de creatie en de verdere opvolging van het UBO-register, omvattende onder meer de jaarlijkse (her)bevesti…” (deed in Dutch)
  • Founding capital, €3,000
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-06-2024
Financial year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
46190Agents in non-specialised wholesale trade
47750Retail sale of cosmetics and toilet articles
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010349327
Also 9925:BE1010349327
Registered 16-11-2024

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

Register as of 30 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, Kortrijk · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
676 m²
Building footprint
141 m²
Building volume
386 m³
Parcel 34016A0348/00F000, Flanders · tallest building 5.2 m. Linked by address, not a title deed.
1 establishment unit
MELT
Waterputweg(Heu) 2, 8501 KortrijkManufacture of furniture
since 2024unit no. 2.360.560.425
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34016A0348/00F000 Flanders 676 m² 1 · 141 m² 5.2 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.
“Het besturen en leiden van vennootschappen, ondernemingen en verenigingen, met eender welk voorwerp, en de onderafdelingen daarvan, welke…” (deed in Dutch)
22 activities (deed in Dutch)
  1. Het besturen en leiden van vennootschappen, ondernemingen en verenigingen, met eender welk voorwerp, en de onderafdelingen daarvan, welke ook de betiteling daarvan is
  2. Projectmanager
  3. Management en consultancy
  4. Handelsbemiddeling in goederen, algemeen assortiment
  5. Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels
  6. Kleinhandel in reukwerk en cosmetica
  7. Verhuur en lease van vrachtwagens en overige motorvoertuigen
  8. Het geven van adviezen, het opmaken van studies, het voorbereiden en opstarten van organisatiesystemen, het in toepassing brengen van systemen voor gegevensverwerkingen alle technieken in verband met het technisch, administratief, economisch, sociaal en algemeen beheer van ondernemingen van industriële of dienstverlenende aard
  9. Het verzorgen van alle mogelijke administratieve en secretariaatsdiensten in de meest ruime zin, het verstrekken van documentatie; vertaalopdrachten
  10. Het verstrekken en de begeleiding van (beroeps)opleidingen, onderwijs, (her)scholing en dit zowel op permanente als op occasionele wijze, zowel volgens de traditionele onderwijsmethodes, als schriftelijk of audiovisueel
  11. De aan- en verkoop, het laten bouwen en doen verbouwen, het ruilen, beheren, de instandhouding, het schatten, het uitbaten, het in waarde brengen, het huren en verhuren van alle onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van onroerende goederen te bevorderen, zoals het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van deze goederen, alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
  12. Het beheer van roerende waarden, dit voor eigen rekening of in deelneming met derden
  13. Het aanzoeken, verwerven, afstaan, verhandelen, verpachten en uitbaten van allerhande concessies, brevetten, licenties en andere intellectuele rechten
  14. De vennootschap handelt voor eigen rekening, in commissie, als tussenpersoon of als vertegenwoordiger; Zij mag haar onroerende goederen, met inbegrip van het handelsfonds, in pand stellen en mag aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft
  15. 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 vennootschappen
  16. Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering
  17. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm; in dit kader kan zij ook borg stellen of aval verlenen, in de meest ruime zin, alle handels – financiële operaties verrichten, behalve die welke wettelijk voorbehouden zijn aan de depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen
  18. Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen en vastrentende waarden door intekening, waarborg, plaatsing, verhandeling, of anderszins, alsmede het verwezenlijken van om het even welke verrichting inzake portefeuille -en kapitaalbestuur
  19. Zij kan alle hoegenaamd financiële, commerciële, industriële, burgerlijke, roerende en onroerende verrichtingen uitvoeren, die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp of van aard zijn dit te begunstigen. Zij mag bij middel van inbreng, afstand, onderschrijving, deelneming, samensmelting, financiële tussenkomst, aankoop, verkoop, ruiling van alle roerende of onroerende goederen of op om het even welke manier belangen nemen in alle bestaande of toekomstige vennootschappen, ondernemingen of verenigingen, zowel in België of in het buitenland, welke ook hun vorm weze
  20. De vennootschap mag zich borg stellen of zakelijke zekerheden verlenen ten voordele van ondernemingen of vennootschappen waarin ze belangen bezit als mede-eigenaar, vennoot, schuldeiser of op andere wijze
  21. Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, know-how en aanverwante immateriële duurzame activa
  22. De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort tussenpersoon in handel

The full purpose is in the deed

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 17-06-2024

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, 1” (deed in Dutch)
“De besluiten van het bestuursorgaan kunnen genomen worden in schriftelijke vorm, kan niet ontslagen of afgezet worden zonder zijn/haar…” (deed in Dutch)
“De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde aangestelde…” (deed in Dutch)
“Het collegiaal bestuursorgaan benoemt onder haar leden een voorzitter; bij ontstentenis van benoeming of bij afwezigheid van de voorzitter…” (deed in Dutch)
“Het collegiaal bestuursorgaan beslist met een gewone meerderheid van stemmen der aanwezige of vertegenwoordigde leden, De vergaderingen…” (deed in Dutch)
“Elke verhinderde of afwezige bestuurder kan bij brief, telegram, e-mail of telexbericht, een andere bestuurder afvaardigen om hem te…” (deed in Dutch)
“Het collegiaal bestuursorgaan kan slechts rechtsgeldig beraadslagen en besluiten over aangelegenheden die niet op de agenda vermeld zijn…” (deed in Dutch)
“1” (deed in Dutch)

deed of 17-06-2024

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Algemene vergadering, op voorstel van het bestuursorgaan, in voorkomend geval verminderd met het overgedragen verlies of vermeerderd met de…” (deed in Dutch)

deed of 17-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 20:00
Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
“E-mail, iedere persoon kan verzaken aan de oproeping en wordt als regelmatig opgeroepen beschouwd als aanwezig of vertegenwoordigd” (deed in Dutch)
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Schriftelijke volmacht aan ieder andere persoon, al dan niet aandeelhouder, meerderheid van stemmen, ongeacht het aantal effecten dat op de…” (deed in Dutch)
Remote votingWhether shareholders may vote remotely, for example through a website.
“Formulier, 15ter” (deed in Dutch)

deed of 17-06-2024

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

Written decision: “Alle besluiten die tot de bevoegdheid van de algemene vergadering behoren, leden van het bestuursorgaan, de commissaris en houders van…” (deed in Dutch)
“Elektronisch communicatiemiddel, 15quater” (deed in Dutch)
Liquidation distribution: “Goederen die nog in natura voorhanden zijn op dezelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders naar verhouding van…” (deed in Dutch)
Other provision: “Nettingovereenkomsten, in geval van samenloop gecompenseerd worden ten titel van schuldvergelijking” (deed in Dutch)

deed of 17-06-2024