MODEP
ActiveSummary
MODEP has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,949 and a net result of €36,467. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 54% of 15,701 sector peers (NACE 69, 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.
- MODEP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, iedere verandering door zorgen bestuursorgaan in bijlagen bij Belgisch Staatsblad bekendgemaakt” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De raad van bestuur kan in zijn midden en onder zijn aansprakelijkheid één of meer adviserende comités oprichten. Hij omschrijft hun…”
- Board ruleHow the board is made up, meets and takes decisions.
- “3, algemene vergadering” (deed in Dutch)“Raad kiest onder leden voorzitter, vergadert op uitnodiging voorzitter of vervangende bestuurder telkens belang vennootschap vereist of…” (deed in Dutch)1 more provision on this 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 at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door algemene vergadering, met inachtneming van vereisten voor statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onmiddellijke sluiting van de vereffening, artikel 2:80 WVV” (deed in Dutch)“Benoeming van vereffenaars, gewone meerderheid van stemmen” (deed in Dutch)