Modal Shifters
ActiveSummary
Modal Shifters has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,492). Equity remains stable across the filed financial years (±0.7% per year). The computed 12-month bankruptcy probability is 1.4% (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.
- Modal Shifters
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointlydeed of 22-12-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “4, 1” (deed in Dutch)“Eerstvolgende algemene vergadering, Artikel 8” (deed in Dutch)deed of 22-12-2023
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- “Alexandra Devis” (deed in Dutch)“Dierdre Rudman” (deed in Dutch)“Stefan Van der Celen” (deed in Dutch)1 more provision on this in the deeddeed of 30-09-2026
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of April
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit van algemene vergadering die beraadslaagt op wijze door wet vereist of in bij wet bepaalde gevallen, te allen tijde” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten genoemd in artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan…” (deed in Dutch)