MICH
ActiveSummary
MICH has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,908 and a net result of €61,784. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 74% of 252 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MICH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)
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, één of meer bestuurders natuurlijke of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft overnemer(s) naar evenredigheid verworven aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Authentieke akte, statutenwijziging vereist” (deed in Dutch)“Nieuwe aandelen waarop in geld wordt ingeschreven, inbreng in geld met voorkeurrecht” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en sluiting vereffening in één akte mogelijk mits naleving voorwaarden Wetboek van vennootschappen en verenigingen, beslissing…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed