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P-CONSTRUCT

Active
Private limited companyfounded 2012active for 14 yearsWiekevorstsesteenweg 39 A, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0845.637.189
Summary

P-CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475,792 and a net result of €105,032. Its solvency ranks better than 41% of 1,678 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Installation of industrial machinery and equipment
NACE 33200
1 site
Size
€1.3mtotal assets 2025
Equity
€475,792
Profit
€105,032
Turnover not published (micro format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts filed 28 days late1 of 3 deeds read
Why 84raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.58, cash €23,687, halvedlowers riskSize: total assets €1.3mFigures for financial year 2025 (filed 28-08-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Strong
Solvency 63-30
equity 37.8% of total assets
Liquidity 47-8
short-term debt 18.5% · cash 1.9%
Profitability 79-4
return on assets 8.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,387 companies, NACE 33, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 1.5%▲ +0.8 percentage points vs 04-2025highest value 06-2025: 1.5%● unchanged vs 05-2025highest value 07-2025: 1.5%● unchanged vs 06-2025highest value 08-2025: 0.3%▼ -1.2 percentage points vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 0.4%▼ -0.6 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, compared with 2.25 in 2024, above the usual 1.5; short-term debt: 18.5% and cash: 1.9% of total assets), but 62.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 43% on solvency, 39% on liquidity, 51% on profitability and 70% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 28-08-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.58, cash €23,687, halved
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
28 days late
2024
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 8 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: Peter Nuyts (zaakvoerder van de…Appointment: Peter Nuyts (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00450667.

Equity
€475,792▲ 28.3%
2024 · €370,760
Total assets
€1.3m▲ 132%
2024 · €542,388
Net result
€105,032▲ 72.9%
2024 · €60,735
Working capital
€136,395▼ 19.1%
2024 · €168,524
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 69% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€0.09m-€0.1m▲ 69.0%
Net result€0.06mabove the sector's middle half-€0.1mabove the sector's middle half▲ 72.9%
Equity€0.4mabove the sector's middle half-€0.5mabove the sector's middle half▲ 28.3%
Total assets€0.5mabove the sector's middle half-€1.3mabove the sector's middle half▲ 132%
Debt€0.2m-€0.8m▲ 357%
Working capital€0.2mabove the sector's middle half-€0.1mabove the sector's middle half▼ 19.1%
Solvency68.4%within the sector's middle half-37.8%within the sector's middle half▼ 30.6pp
Current ratio2.25within the sector's middle half-1.58within the sector's middle half▼ 0.67
Return on assets (ROA)11.2%within the sector's middle half-8.3%within the sector's middle half▼ 2.9pp
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €890,252 ▲ 272%
Current assets €369,994 ▲ 22.1%
Equity and liabilities €1.3m
Equity €475,792 ▲ 28.3%
Debt €784,454 ▲ 357%
Debt's share of the balance-sheet total rises from 31.6% to 62.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€228,691▲
2024 · €143,178
Cash flow
€189,673▲
2024 · €118,688
Debt to equity
1.65▲
2024 · 0.46
ROE
22.1%▲
2024 · 16.4%
Interest coverage
31.35▼
2024 · 41.27
Debt ≤ 1 year
€233,600▲
2024 · €134,501
Debt > 1 year
€550,854▲
2024 · €37,128
Income taxes
€31,723▲
2024 · €25,987
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.5m€1.3m▲
Fixed assets21/28€0.2m€0.9m▲
Tangible fixed assets22/27€0.2m€0.9m▲
Land and buildings22€0.001m€0.6m▲
Plant, machinery and equipment23€0.06m€0.05m▼
Furniture and vehicles24€0.1m€0.1m▲
Leasing and similar rights25€0.06m€0.2m▲
Financial fixed assets28€0.02m€0.02m=
Current assets29/58€0.3m€0.4m▲
Amounts receivable within one year40/41€0.2m€0.3m▲
Trade receivables40€0.2m€0.2m▼
Other amounts receivable41€0.01m€0.1m▲
Cash at bank and in hand54/58€0.06m€0.02m▼
Deferred charges and accrued income490/1-€0.005m
Equity and liabilities
Total equity and liabilities10/49€0.5m€1.3m▲
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.002m€0.002m=
Reserves13€0.3m€0.4m▲
Distributable reserves133€0.3m€0.4m▲
Profit (loss) carried forward14€0.04m€0.04m=
Amounts payable17/49€0.2m€0.8m▲
Amounts payable after more than one year17€0.04m€0.6m▲
Financial debts170/4€0.04m€0.6m▲
Amounts payable within one year42/48€0.1m€0.2m▲
Current portion of amounts payable after more than one year42€0.02m€0.05m▲
Financial debts43-€0.1m
Credit institutions430/8-€0.1m
Trade debts44€0.02m€0.02m▲
Suppliers440/4€0.02m€0.02m▲
Taxes, remuneration and social security45€0.09m€0.03m▼
Taxes450/3€0.09m€0.03m▼
Other amounts payable47/48€0.001m€0.008m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.08m▲
Other operating charges640/8€0.003m€0.01m▲
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901€0.09m€0.1m▲
Financial income75/76B€0.005m-
Recurring financial income75€0.005m-
Financial charges65/66B€0.003m€0.007m▲
Recurring financial charges65€0.003m€0.007m▲
Profit (loss) for the period before taxes9903€0.09m€0.1m▲
Income taxes67/77€0.03m€0.03m▲
Profit (loss) for the period9904€0.06m€0.1m▲
Profit (loss) for the period to be appropriated9905€0.06m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.1m▲
Profit (loss) brought forward from the previous period14P€0.04m€0.04m=
Transfer from equity791/2€0.05m-
Transfer to equity691/2€0.06m€0.1m▲
To other reserves6921€0.06m€0.1m▲
Profit to be distributed694/7€0.05m-
Return on contributions (dividend)694€0.05m-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57,953€84,641▲ 46.1%
Other operating charges640/8€2,718€10,531▲ 287%
Gross operating margin9900€145,896€239,222▲ 64.0%
Operating profit (loss)9901€85,225€144,050▲ 69.0%
Financial income75/76B€4,966--
Recurring financial income75€4,966--
Financial charges65/66B€3,469€7,295▲ 110%
Recurring financial charges65€3,469€7,295▲ 110%
Profit (loss) for the period before taxes9903€86,722€136,755▲ 57.7%
Income taxes67/77€25,987€31,723▲ 22.1%
Profit (loss) for the period9904€60,735€105,032▲ 72.9%
Profit (loss) for the period to be appropriated9905€60,735€105,032▲ 72.9%
Line20242025Change
Assets
Total assets20/58€0.5m€1.3m▲ 132%
Fixed assets21/28€0.2m€0.9m▲ 272%
Tangible fixed assets22/27€0.2m€0.9m▲ 296%
Land and buildings22€0.001m€0.6m▲ 45,291%
Plant, machinery and equipment23€0.06m€0.05m▼ 15.6%
Furniture and vehicles24€0.1m€0.1m▲ 19.2%
Leasing and similar rights25€0.06m€0.2m▲ 139%
Financial fixed assets28€0.02m€0.02m=
Current assets29/58€0.3m€0.4m▲ 22.1%
Amounts receivable within one year40/41€0.2m€0.3m▲ 42.2%
Trade receivables40€0.2m€0.2m▼ 7.7%
Other amounts receivable41€0.01m€0.1m▲ 1,040%
Cash at bank and in hand54/58€0.06m€0.02m▼ 62.4%
Deferred charges and accrued income490/1-€0.005m-
Equity and liabilities
Total equity and liabilities10/49€0.5m€1.3m▲ 132%
Equity10/15€0.4m€0.5m▲ 28.3%
Contributions10/11€0.002m€0.002m=
Reserves13€0.3m€0.4m▲ 32.0%
Distributable reserves133€0.3m€0.4m▲ 32.0%
Profit (loss) carried forward14€0.04m€0.04m=
Amounts payable17/49€0.2m€0.8m▲ 357%
Amounts payable after more than one year17€0.04m€0.6m▲ 1,384%
Financial debts170/4€0.04m€0.6m▲ 1,384%
Amounts payable within one year42/48€0.1m€0.2m▲ 73.7%
Current portion of amounts payable after more than one year42€0.02m€0.05m▲ 120%
Financial debts43-€0.1m-
Credit institutions430/8-€0.1m-
Trade debts44€0.02m€0.02m▲ 23.2%
Suppliers440/4€0.02m€0.02m▲ 23.2%
Taxes, remuneration and social security45€0.09m€0.03m▼ 63.0%
Taxes450/3€0.09m€0.03m▼ 63.0%
Other amounts payable47/48€0.001m€0.008m▲ 745%
Line20242025Change
Profit (loss) for the period9904€60,735€105,032▲ 72.9%
+ Depreciation and write-downs630€57,953€84,641▲ 46.1%
Operating cash flow (approximation)€118,688€189,673▲ 59.8%
Investment in fixed assets (approximation)--€735,529-
Change in cash--€39,331-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00450667
31-12-2024 micro format 18-07-2025 2025-00300556

Similar companies · same sector, comparable size

Of the 1,203 active companies whose main activity is installation of industrial machinery and equipment (NACE 33200), figures are known for 688. 458 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2025
Peter Nuyts
Director (not named in the articles) · since 08-04-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2025, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Peter Nuyts
  • Zaakvoerder van de commanditaire vennootschap, until 08-04-2025
  • Director (not named in the articles), from 08-04-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 08-04-2025 ↗
  • Peter Nuyts gecommanditeerde vennoot · 19 shares
  • VAN LOOY Marie Louise Theodora commanditaire vennoot · 1 share

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-04-2025 Converted to available equity · €2,000

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

P-CONSTRUCT was incorporated on 20 April 2012.1 The company has filed 2 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 28 days late
2025
18-07
NBB filing Annual accounts filed
financial year 2024 · micro format
08-04
Gazette deed Resignation: Peter Nuyts (zaakvoerder van de commanditaire vennootschap)
Appointment: Peter Nuyts (director) · Permanent representative: Guy Parmentier · Capital conversion23 facts ▸
  • Capital conversion, “I.Inbreng A.Beschikbaar” (deed in Dutch)
  • Other provision, “vermogen van de besloten vennootschap, omzetting aandelen” (deed in Dutch)
  • Shareholding, 19, 20
  • Shareholding, 1, 20
  • Purpose change
  • Other provision, “goedkeuring statuten besloten vennootschap, unanimiteit van alle aandeelhouders” (deed in Dutch)
  • Other provision, “unanimiteit omzettingsbesluit, unanimiteit van stemmen” (deed in Dutch)
  • Director resignation, Peter Nuyts (zaakvoerder van de commanditaire vennootschap)
  • Director appointment, Peter Nuyts (director (not named in the articles))
  • Registered office clause, “2220 Heist-op-den-Berg,Wiekevorstsesteenweg 39 A, bestuurder” (deed in Dutch)
  • General meeting, 31-03-2025
  • Partner, Peter Nuyts (general partner)
  • +11 further facts in this act
Gazette deedNBB filing
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded20-04-2012
Financial year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
Contact
E-mail peternuyts@live.beHeist-op-den-Berg
Phone 0473 55 78 43Heist-op-den-Berg
E-invoicing
Reachable via Peppol
Peppol ID 0208:0845637189
Also 9925:BE0845637189
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0845.637.189

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Heist-op-den-Berg · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
993 m²
Building footprint
104 m²
Building volume
672 m³
Parcel 12014C0367/00X000, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
1 establishment unit
P-Construct
Wiekevorstsesteenweg 39, 2220 Heist-op-den-BergInstallation of industrial machinery and equipment
since 2012unit no. 2.209.171.040
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12014C0367/00X000 Flanders 993 m² 1 · 104 m² 9.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Onderneming voor het ontwerpen, montage en het onderhoud van geautomatiseerde fabrieken, bestaande uit diverse machines en…” (deed in Dutch)
15 activities (deed in Dutch)
  1. Onderneming voor het ontwerpen, montage en het onderhoud van geautomatiseerde fabrieken, bestaande uit diverse machines en besturingsmechanismen en uit centrale bewakingsapparatuur, meer bepaald montagewerken op hoogspanningsposten en het behandelen van olieproducten
  2. Onderneming voor de installatie van hulpvoedingssystemen (generatoraggregaten)
  3. Onderneming voor het aanleggen en onderhouden van leidingen voor het vervoer van elektrische energie
  4. Onderneming voor elektrotechnische installatiewerken aan gebouwen
  5. Onderneming voor elektrotechnische installatiewerken, uitgezonderd aan gebouwen
  6. Onderneming voor het plaatsen en herstellen van ventilatie en verluchtingssystemen, van verwarming met warme lucht, van luchtregeling en van industriële pijpleidingen
  7. Onderneming voor de isolatiewerken aan verwarmingsleidingen en leidingen van koelsystemen
  8. Onderneming voor het thermisch isoleren van pijpleidingen en kanalisaties
  9. Onderneming voor het plaatsen en herstellen van koelinstallaties (airconditioning)
  10. Onderneming voor het installeren van werkplaatsen voor het bereiden van voedsel
  11. Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken, montage van buiten- en binnenschrijnwerk in metaal, deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enzovoort
  12. Onderneming van al dan niet verplaatsbare tussenwanden, bekleding van wanden en plafonds in metaal
  13. Onderneming voor het plaatsen van tussenwanden van gipsplaten, montage van serres, veranda’s, enzovoort, in metaal; installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort, in metaal
  14. Onderneming voor het verhuren van elektrische toestellen en machines
  15. Onderneming voor het bouwrijp maken van terreinen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
P-Construct
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan bepaalt adres” (deed in Dutch)

deed of 08-04-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en treedt namens haar op in en buiten rechte. Bij belangenconflicten tussen…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)
“Vaste of evenredige vergoeding, niet bezoldigd tenzij algemene vergadering anders beslist” (deed in Dutch)

deed of 08-04-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, aard aandelen en register” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers, elke overdracht onder levenden ten bezwarende of kosteloze…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 08-04-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Monday of June at 19:00

deed of 08-04-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden ook, een of meerdere vereffenaars aanduiden en bevoegdheden bepalen” (deed in Dutch)

deed of 08-04-2025

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

Other provision: “Bestuursorgaan tijdens zitting, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, betwisting zaken vennootschap en uitvoering statuten” (deed in Dutch)
Other provision: “Unanimiteit omzetting en nieuwe statuten, 1” (deed in Dutch)
Other provision: “Aandelen bij uitgifte volstorten behoudens andersluidend besluit algemene vergadering die over uitgifte beslist, stortingsplicht” (deed in Dutch)
Other provision: “Ondeelbaarheid aandelen, rechten uitgeoefend door vruchtgebruiker behoudens andersluidende bijzondere bepaling in statuten,testament of…” (deed in Dutch)
Other provision: “Bevoegdheden bestuursorgaan, geheel bestuursbevoegdheden met delegatiemogelijkheid deel” (deed in Dutch)
Other provision: “Controle, iedere aandeelhouder individueel onderzoeks- en controlebevoegdheid commissaris” (deed in Dutch)
13 more provisions in the deed, see the deed of 08-04-2025

deed of 08-04-2025