Skip to content

MODESTY

Active
Besloten Vennootschap van publiek rechtfounded 2017active for 9 yearsRue Camille Lemonnier(L.L) 1, 7100 La Louvière, BelgiumKBO/BCE: BE 0670.422.725
Summary

MODESTY has the legal form “Besloten Vennootschap van publiek recht” in the KBO; Checked does not compute a bankruptcy probability for it. The annual accounts of MODESTY for financial year 2024 show a net loss of 91% of the equity at the start of that year. The 2024 annual accounts show equity of €840 and a net result of -€8,340. Its solvency ranks better than 22% of 15,450 sector peers (NACE 46, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MODESTYActiveChecked score 10/100
Risk analysis ReportCompare

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Lasociétéapourobjet,pourcomptepropre,pourcomptedetiersouenparticipation,tantenBelgiquequàlétranger,danslesdomainesducommerceaudétaileten…” (deed in French)
6 activities (deed in French)
  1. Lasociétéapourobjet,pourcomptepropre,pourcomptedetiersouenparticipation,tantenBelgiquequàlétranger,danslesdomainesducommerceaudétaileten grosausenslepluslargedontnotammentlexploitationdunoud plusieursmagasins,toutesopérationsdecommercialisation,distribution,importation,exportation,transformation,venteetachatdetousbiens,produitsetservicesdetoutenaturedanslesdomainesprévantésetautres.
  2. Deplus,lasociétépeutmettrelescompétencesdetoussesspécialistesàladispositiondesesclients,àleffetdaccomplirtoutesmissions,sanslimitesnidansletemps,nidanslespace,nidanslanaturedesprestations.
  3. Ellepeutaccomplirtoutesopérationscommerciales,industrielles,financières,mobilièresouimmobilièresserapportantdirectementouindirectementàsonobjet.
  4. Ellepeutsintéresserpartoutesvoiesdanstoutessociétés,associationsouentreprisesayantunobjetsimilaireouconnexeausienoususceptibledefavoriserledéveloppementdesesactivités.
  5. Ellepeutnotammentseportercautionetdonnertoutesûretépersonnelleouréelleenfaveurdetoutepersonneousociétéliéeounon.
  6. Lasociétépeutégalementexercerlesfonctionsdadministrateuroudeliquidateurdansdautressociétés.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MODESTY
Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
One provision in the deed
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 28-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Article 2:55 CSA, avec ou sans limitation,sans indication sans limitation” (deed in French)
“Rémunération du mandat d'administrateur, rémunéré ou gratuit” (deed in French)

deed of 28-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, 186” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 28-12-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Après confirmation Tribunal de l'Entreprise compétent, plus étendus articles 2:87. et suivants CSA” (deed in French)

deed of 28-12-2023

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

Other provision: “Registre des actions, article 5:25 CSA” (deed in French)
Other provision: “Chaque associé peut donner procuration à un mandataire actionnaire au non, représentation” (deed in French)
Other provision: “Annule toutes décisions prises, toute assemblée peut être séance tenante prorogée à trois semaines au plus par organe d'administration” (deed in French)
Other provision: “Articles 5:142. à 5:144. CSA, affectation du bénéfice” (deed in French)
Liquidation distribution: “Appels de fonds ou répartition préalable, réparti également entre toutes actions” (deed in French)
Other provision: “Exécution des statuts, élection de domicile” (deed in French)
Other provision: “Dispositions légales non dérogées réputées partie des statuts,clauses contraires impératives censées non écrites, droit commun” (deed in French)
3 more provisions in the deed, see the deed of 28-12-2023

deed of 28-12-2023

We would like to set cookies. That happens only with your consent. What we measure