ND 88
ActiveSummary
The computed 12-month bankruptcy probability of ND 88 is 2.8% (moderate). The 2025 annual accounts show negative equity (-€469,744) and a net result of €1,752. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 5% of 4,992 sector peers (NACE 47, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- ND 88
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTICLE DOUZE - POUVOIRS DE L’ORGANE D’ADMINISTRATION S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre acquis si plusieurs, nullité” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire même jour pour personnes sans adresse…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée générale de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et à quelque moment” (deed in French)