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MTD

Active
Private limited companyfounded 1988active for 38 yearsHenry Dunantlaan 33, 1140 Evere, BelgiumKBO/BCE: BE 0434.577.024
Summary

MTD has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €734,855 and a net result of €65,882. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 93% of 4,751 sector peers (NACE 56, 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.
MTD
Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
“Titre I-Forme légale–Dénomination–Siège–Objet–Durée, Article 1” (deed in French)
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, Article 2” (deed in French)

deed of 28-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11 - Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec_ou_sans_limitation_durée, organe_d'administration” (deed in French)
“Rémunération_administrateurs, fixe ou proportionnelle” (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, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié_cédant_moitié_acquéreurs_proportionnellement_actions, cessions_entre_vifs_à_peine_de_nullité” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Actions nouvelles à souscrire en numéraire offertes par préférence aux actionnaires existants proportionnellement, courrier électronique,ou…” (deed in French)

deed of 28-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of June at 15:00

deed of 28-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, dissolution en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment, désigner liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 28-12-2023

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

Other provision: “Actions intégralement libérées lors de leur émission sauf disposition contraire dans les conditions d’émission, organe d’administration…” (deed in French)
Other provision: “Gestion_journalière, organe_fixe_attributions_et_rémunérations_éventuelles” (deed in French)
Other provision: “Contrôle_de_la_société, un ou plusieurs commissaires” (deed in French)
Other provision: “Tout actionnaire peut donner procuration écrite à toute personne par tout moyen transmission, délibérations assemblée générale” (deed in French)
Other provision: “Organe administration, 3 semaines” (deed in French)
Other provision: “Répartition bénéfice-distribution, chaque action droit égal” (deed in French)
Liquidation distribution: “Actif net réparti entre actionnaires en proportion actions,biens conservés remis même proportion, appels complémentaires à charge actions…” (deed in French)
Other provision: “Siège, communications,sommations,assignations,significations valablement faites” (deed in French)
Other provision: “Tribunaux du siège,compétence exclusive, compétence judiciaire” (deed in French)
5 more provisions in the deed, see the deed of 28-12-2023

deed of 28-12-2023