Skip to content

PAYROLL ADVICE

Active
Private limited companyfounded 2023active for 2 yearsPresident Kennedypark(Kor) 7D, 8500 Kortrijk, BelgiumKBO/BCE: BE 1003.698.293
Summary

PAYROLL ADVICE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,449 and a net result of €79,111. Its solvency ranks better than 72% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
PAYROLL ADVICE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Eenvoudige beslissing, alle machten om statutenwijziging authentiek te doen vaststellen” (deed in Dutch)

deed of 22-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Vertegenwoordigingsbevoegdheid (artikel 13): "(...) ledere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de…”
deed of 24-03-2026
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
deed of 22-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 11:00

deed of 22-12-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie krachtens statuten indien geen andere benoemd” (deed in Dutch)

deed of 22-12-2023

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

Other provision: “Bijzondere bepalingen voorwerp, België en buitenland op alle wijzen best geschikt geacht” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
Other provision: “Slot- en overgangsbepalingen uitwerking, eenparig” (deed in Dutch)
1 more provision in the deed, see the deed of 22-12-2023

deed of 22-12-2023