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MINDQUEST

Active
Private limited companyfounded 2004active for 21 yearsGalgestraat 3, 8610 Kortemark, BelgiumKBO/BCE: BE 0869.744.956
Summary

The computed 12-month bankruptcy probability of MINDQUEST is 1.8% (moderate). The annual accounts of MINDQUEST for financial year 2025 show a net loss of 65% of total assets and of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €2,598 and a net result of -€21,005. Equity is shrinking by about 14% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 24% of 327 sector peers (NACE 61, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

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MINDQUESTActiveChecked score 53/100
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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.
MINDQUEST
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 13-12-2023

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.
“Zelfstandig handelend bevoegd, natuurlijk persoon,rechtspersoon,aandeelhouder,niet-aandeelhouder” (deed in Dutch)
“Op verzoek vennootschap tot redelijkerwijze vervanging voorzien, van benoemende vergadering tot gewone vergadering in boekjaar van…” (deed in Dutch)

deed of 13-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht,overgang,onder bijzondere,algemene titel,onder bezwarende titel,om niet,onder levenden,overlijden, voorafgaande toestemming alle…” (deed in Dutch)

deed of 13-12-2023

Meetings and financial year

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

deed of 13-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bevoegdheden vereffenaars, alle handelingen nodig of dienstig voor vereffening” (deed in Dutch)
2 more provisions on this in the deed

deed of 13-12-2023

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

Other provision: “Bevoegdheid,werking bestuursorgaan, alle handelingen nodig,dienstig tot verwezenlijking voorwerp tenzij wet algemene vergadering bevoegd” (deed in Dutch)
Other provision: “Dagelijks bestuur, één of meerdere personen” (deed in Dutch)
Other provision: “Bijzondere volmachten, alleen bijzondere en beperkte volmachten voor bepaalde of reeks bepaalde rechtshandelingen” (deed in Dutch)
Other provision: “Wettelijke voorschriften, financiële toestand,jaarrekening,regelmatigheid verrichtingen” (deed in Dutch)
Other provision: “Toelating tot vergadering, formaliteiten niet eisbaar indien geen melding in oproeping” (deed in Dutch)
Other provision: “Stemrecht en schriftelijke besluitvorming, schorsing stemrecht tot gemeenschappelijke vertegenwoordiger aangeduid” (deed in Dutch)
Other provision: “Door vennootschap ter beschikking gesteld elektronisch communicatiemiddel, deelname op afstand algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst en interimdividend, batig saldo balans na lasten,algemene kosten,provisies en afschrijvingen” (deed in Dutch)
1 more provision in the deed, see the deed of 13-12-2023

deed of 13-12-2023

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