ON
ActiveSummary
ON has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,669 and a net result of €4,331. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 83% of 4,305 sector peers (NACE 74, 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.
- ON
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, uitvoering in naam en voor rekening rechtspersoon” (deed in Dutch)“Vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, behoudens andersluidende bijzondere bepaling in statuten,testament of overeenkomst rechten uitgeoefend door vruchtgebruiker” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, erfgenamen en…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, ter kennis gebracht per e-mail of,voor personen zonder e-mailadres,per…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing AV, vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht AV een of meerdere vereffenaars aan te duiden bevoegdheden te omlijnen vergoeding te bepalen, bestuurder(s) in functie krachtens…” (deed in Dutch)