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PENNA

Active
Private limited companyfounded 2010active for 16 yearsZeedijk 63, 8430 Middelkerke, Belgium32 active companies are registered at this addressKBO/BCE: BE 0823.731.324
Summary

PENNA has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€342,436) and a net result of -€63,680. Equity is shrinking by about 37% per year across the filed financial years. Its solvency ranks better than 6% of 1,817 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Verhuren vliegtuigen; Aan- en verkoop van vliegtuigen; Organiseren luchtvaartopleidingen; Verhuren vliegtuigbemanningen; Dry- en wet-lease…” (deed in Dutch)
7 activities (deed in Dutch)
  1. Verhuren vliegtuigen
  2. Aan- en verkoop van vliegtuigen
  3. Organiseren luchtvaartopleidingen
  4. Verhuren vliegtuigbemanningen
  5. Dry- en wet-lease van vliegtuigen
  6. Beheer van vliegtuigen van derde eigenaars
  7. Managementdiensten

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.
PENNA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 18-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde of onbepaalde termijn, één of meer” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 18-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed

deed of 18-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of March at 10:00

deed of 18-12-2023

Oversight and winding up

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

deed of 18-12-2023

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

Capital conversion: “Bij volstorting, nog niet-volgestorte gedeelte en eventuele toekomstige bijstortingen van in verleden geplaatst kapitaal geboekt op…” (deed in Dutch)
Other provision: “Administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren, België of buitenland” (deed in Dutch)
Other provision: “Uitvoering in naam en voor rekening vennootschap, vaste vertegenwoordiger” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie, onder alle aandelen elk gelijk deel” (deed in Dutch)
Other provision: “Netting-conventionele schuldvergelijking, alle vorderingen tussen aandeelhouder(s) en/of bestuurder(s) enerzijds en Vennootschap anderzijds” (deed in Dutch)
9 more provisions in the deed, see the deed of 18-12-2023

deed of 18-12-2023