PENIJULLINE
ActiveSummary
PENIJULLINE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,550 and a net result of €585,567. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 6% of 20,643 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 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.
- PENIJULLINE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover verplaatsing overeenkomstig toepasselijke taalwetgeving niet verplicht tot wijziging taal van statuten” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTIKEL 15. VERTEGENWOORDIGINGSBEVOEGDHEID Iedere bestuurder, afzonderlijk optredend, is bevoegd om de vennootschap te vertegenwoordigen in…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, AV bij gewone meerderheid steeds wegens wettige reden zonder opzeggingstermijn of vertrekvergoeding” (deed in Dutch)“Niet-statutaire bestuurder, gewone meerderheid der uitgebrachte stemmen” (deed in Dutch)“Ontslag statutaire bestuurder door algemene vergadering, statutenwijziging” (deed in Dutch)“In principe onbezoldigd, bezoldiging bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geschreven stuk, elke overdracht of overgang bijzondere of algemene titel bezwarend of om niet onder levenden of overlijden” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding,vereffening en verdeling liquidatiesaldo, enige vereffenaar of elke vereffenaar individueel bevoegd voor alle handelingen nodig…” (deed in Dutch)