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PANENCO

Active
Private limited companyfounded 2016active for 10 yearsKapeldreef 60, 3001 Leuven, Belgium46 active companies are registered at this addressKBO/BCE: BE 0650.747.066
Summary

PANENCO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €813,973 and a net result of €220,003. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 56% of 3,369 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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PANENCOActiveChecked score 97/100
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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.
PANENCO
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 17-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
“Al dan niet ten kosteloze titel, algemene vergadering” (deed in Dutch)

deed of 17-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, alle aandelen” (deed in Dutch)

deed of 17-10-2023

Meetings and financial year

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

deed of 17-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk ogenblik” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 17-10-2023

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

Other provision: “Aandelen moeten bij uitgifte worden volgestort, stortingsplicht” (deed in Dutch)
Other provision: “Bestuursorgaan bepaalt individueel of gezamenlijk optreden, handelingen en beslissingen van gering belang of met dringend karakter en…” (deed in Dutch)
Other provision: “Elke aandeelhouder kan schriftelijke volmacht geven aan ieder ander persoon al dan niet aandeelhouder, beraadslagingen” (deed in Dutch)
Other provision: “Bestuursorgaan, elke gewone of buitengewone algemene vergadering tijdens zitting” (deed in Dutch)
Other provision: “Bestemming van winst-reserves, algemene vergadering bepaalt aanwending jaarlijkse nettowinst op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen en goederen in natura op zelfde wijze, na aanzuivering…” (deed in Dutch)
1 more provision in the deed, see the deed of 17-10-2023

deed of 17-10-2023

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