MODILEX
ActiveSummary
MODILEX has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,749 and a net result of €10,749. Its solvency ranks better than 68% of 15,743 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 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.
- Modilex
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, enige bestuurder waar dan ook in België en buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Te bepalen door algemene vergadering, 1” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, lidmaatschapsrechten slechts door één persoon; slechts ingeschrevene in aandelenregister als eigenaar aanvaard” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen of gedeelte ervan, procedure wijzigen voorwerp inleiden binnen één maand na overlijden tenzij erfgenamen of legatarissen…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Noodzakelijkerwijze advocaat, bijzondere en in tijd beperkte machten voor bepaalde verrichtingen voor zover niet eigen aan beroep advocaat” (deed in Dutch)