MICLAR
Board
4 directors, 2 auditors, no change since June 2026AVENTUS BV
Director, permanent representative Stefaan DEBUSSCHERE
since 28-11-2025
term without a fixed end
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 30-10-2026
LCPO BV
Director, permanent representative Laurens Couckuyt
since 28-11-2025
term without a fixed end
earlier manager, until 01-03-2023
earlier director, until 28-11-2025
also on the board of 4 other companies
listed in the 2025 annual accounts, filed on 30-10-2026
PENDRON BV
Director, permanent representative Bart VAN DEN EEDE
since 28-11-2025
term without a fixed end
also on the board of 4 other companies
listed in the 2025 annual accounts, filed on 30-10-2026
Director
since 01-04-2026
term without a fixed end
also on the board of 6 other companies
listed in the 2025 annual accounts, filed on 30-10-2026
Wouter Coppens BV
Aangewezen vennootschap, permanent representative Wouter Coppens
appointed by deed of 19-12-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 01-03-2023
Permanent representatives 3
Mandates through the years
7 names, the dashed line is todayLCPO
Director
Director
AVENTUS
Director
Director
PENDRON
Director
Director
Nay Tawile
Director
Director
BV PwC Bedrijfsrevisoren
Statutory auditor
Statutory auditor
Wouter Coppens BV
Aangewezen vennootschap
Aangewezen vennootschap
CORAL & WALLACE
Director
Director
BoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
- LCPO
- Manager (not named in the articles), from 07-05-2018 to 01-03-2023
- Director (not named in the articles), appointed by deed of 01-03-2023, until 28-11-2025
- Director, from 28-11-2025 to date
- AVENTUS
- Director, from 28-11-2025 to date
- PENDRON
- Director, from 28-11-2025 to date
- Nay Tawile
- Director, since before 31-12-2025
- BV PwC Bedrijfsrevisoren
- Statutory auditor, appointed by deed of 19-12-2025, still in office
- Wouter Coppens BV
- Aangewezen vennootschap, appointed by deed of 19-12-2025, still in office
- CORAL & WALLACE
- Director, appointed by deed of 19-12-2025, until 01-04-2026
- Chair of the board, appointed by deed of 19-12-2025, ended, last mentioned on 19-12-2025
Control
Parent
Equity €655.6m
Loss €807,927 in 2025 (loss €71.8m in 2024)
Checked score 90
Source: accounts RECTICEL 2025
76%
This company
MICLAR
Equity €7.8m
Profit €509,781 in 2025
Capital
- Contribution
- €1,268,600
- Shares
- 26,973,684
- Contribution per share
- €0.05
- Equity per share
- €0.29 in 2025
- Source
- 2025 annual accounts
Articles of association
- Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-12-2025 (in Dutch)
- Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointlydeed of 19-12-2025 (in Dutch)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At most 4 directorsdeed of 19-12-2025 (in Dutch)
- Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Behoudens andersluidende overeenkomst tussen alle aandeelhouders, mogen de aandelen niet aan om het even wie, noch geheel, noch gedeeltelijk…”“Goedkeuringsregeling meer dan twee aandeelhouders, vennootschap telt meer dan twee aandeelhouders”deed of 01-03-2023 (in Dutch)
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Wanneer de aandelen niet volledig zijn volgestort, kan het bestuursorgaan zelfstandig beslissen over de opvragingen van stortingen door de…”“Elk ingevorderde betaling wordt aangerekend op het geheel van de aandelen waarvan de aandeelhouder titularis is., Het bestuursorgaan kan de…”deed of 01-03-2023 (in Dutch)
- General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Wednesday of June at 16:00deed of 19-12-2025 (in Dutch)
- Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Hernieuwbare termijn van drie jaar, één of meerdere commissarissen”deed of 01-03-2023 (in Dutch)
Capital transactions
Shareholders according to the deeds
After 2 capital increases
deed of 05-12-2025 ↗
- Couckuyt Laurens 750,000 shares
Capital over time
- 19-12-2025 Capital stated in the deed · 26,973,684 shares
- 05-12-2025 Capital increase of €750,000 · 750,000 new shares at €1 per share · in kind
- 05-12-2025 Capital increase of €500,000 · 500,000 new shares at €1 per share · in cash
- 01-03-2023 Converted to unavailable equity · €18,600
- 01-03-2023 Converted to unavailable equity · €5,100