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OLAY

Active
Private limited companyfounded 2006active for 20 yearsDendermondsesteenweg 399, 9040 Gent, BelgiumKBO/BCE: BE 0879.455.448
Summary

OLAY has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,298 and a net result of €60,596. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 75% of 22,650 sector peers (NACE 47, 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.
OLAY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 06-09-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“§2. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
“§1.Bestuursbevoegdheid, handelingen wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)

deed of 06-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of March

deed of 06-09-2023

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

Other provision: “Goederen in hypotheek of in pand geven,inclusief eigen handelszaak, borgstelling tot waarborg eigen en derden verbintenissen” (deed in Dutch)
Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningsaldo” (deed in Dutch)
Other provision: “Optreden als bestuurder of vereffenaar in andere vennootschappen;borgstelling voor derden,bestuurders en…” (deed in Dutch)
Other provision: “Aanwending jaarlijkse nettowinst door algemene vergadering op voorstel bestuursorgaan, elk aandeel gelijk aandeel in winstverdeling” (deed in Dutch)
Other provision: “Bestuursorgaan, uitkeringen uit winst lopende of voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd” (deed in Dutch)
1 more provision in the deed, see the deed of 06-09-2023

deed of 06-09-2023