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Physio2Perform

Active
Private limited companyfounded 2023active for 3 yearsHazeschransstraat 27, 2650 Edegem, BelgiumKBO/BCE: BE 0800.519.818
Summary

Physio2Perform has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,019 and a net result of €21,662. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 12% of 20,659 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Physiotherapy
NACE 86951
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€7,019
Profit
€21,662
Turnover estimated from the gross margin
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 28 days late
Why 91raises risk1 change of registered office in 24 monthslowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 0.56, cash €28,297Figures for financial year 2025 (filed 31-08-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 86, micro)
Financial strength · tick = 2024
Strong
Solvency 33+23
equity 7.5% of total assets
Liquidity 55+12
short-term debt 63.0% · cash 30.4%
Profitability 98+95
return on assets 23.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (24,153 companies, NACE 86, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.7 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.56, compared with 0.38 in 2024, below 1; short-term debt: 63% and cash: 30.4% of total assets), and 92.5% 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 86, micro): better than 12% on solvency, 30% on liquidity, 58% on profitability and 93% on growth.

The bankruptcy probability was computed on 30-10-2026 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

Six signals.
lowers riskraises risk
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.56, cash €28,297
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-08-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 20659 sector peers (2025).
NBB · sector comparison
Position among 20659 sector peers
Solvency
better than 12%
← weakest strongest →
raises risk · 2025 accounts filed 28 days late
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 · 3 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% 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. The company usually files around 29 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €21,662
  3. Annual accounts filedfinancial year 2024 · micro…

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, 2026-00459411.

Turnover
≈ €120,000
Estimated: probably between €90,000 and €170,000
Total assets
€93,128▼ 4.0%
2024 · €97,049
Net result
€21,662
2024 · -€14,714
Working capital
-€25,779▲ 40.6%
2024 · -€43,392
Trend over the years

2023 to 2025, 3 financial years

The operating result returns to profit in 2025: €24,221 after a loss of €12,158 in 2024, the highest result in the available series.

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

Operating result€24,221 2025 Net result€21,662 2025

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

Sector: the middle half of NACE 86, Human health activities: 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
Line202320242025
Operating result-€4,906--€12,158▼ 148%€24,221
Net result-€4,928below the sector's middle half--€14,714below the sector's middle half▼ 199%€21,662within the sector's middle half
Equity€72below the sector's middle half--€14,643below the sector's middle half€7,019below the sector's middle half
Total assets€73,648below the sector's middle half-€97,049below the sector's middle half▲ 31.8%€93,128below the sector's middle half▼ 4.0%
Debt€73,576-€111,691▲ 51.8%€86,109▼ 22.9%
Working capital-€1,020below the sector's middle half--€43,392below the sector's middle half▼ 4,153%-€25,779below the sector's middle half▲ 40.6%
Solvency0.1%below the sector's middle half--15.1%below the sector's middle half▼ 15.2pp7.5%below the sector's middle half▲ 22.6pp
Current ratio0.97below the sector's middle half-0.38below the sector's middle half▼ 0.590.56below the sector's middle half▲ 0.19
Return on assets (ROA)-6.7%below the sector's middle half--15.2%below the sector's middle half▼ 8.5pp23.3%within the sector's middle half▲ 38.4pp
above within below the middle half of NACE 86, Human health activities: 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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,128
Fixed assets €60,257 ▼ 15.1%
Current assets €32,871 ▲ 26.1%
Equity and liabilities €93,128
Equity €7,019
Debt €86,109
Debt finances 92.5% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,670▲
2024 · €787
Cash flow
€36,111▲
2024 · -€1,770
Debt to equity
12.27
ROE
308.6%
Interest coverage
15.86▲
2024 · 0.31
Debt ≤ 1 year
€58,650▼
2024 · €69,455
Debt > 1 year
€27,459▼
2024 · €42,236
Income taxes
€121
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 0.9%
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 2,157 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 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€97,049€93,128▼
Fixed assets21/28€70,985€60,257▼
Tangible fixed assets22/27€70,985€60,257▼
Land and buildings22€45,543€36,740▼
Plant, machinery and equipment23€25,443€23,517▼
Current assets29/58€26,063€32,871▲
Amounts receivable within one year40/41€1,979€4,574▲
Trade receivables40€479€3,695▲
Other amounts receivable41€1,500€879▼
Cash at bank and in hand54/58€24,084€28,297▲
Equity and liabilities
Total equity and liabilities10/49€97,049€93,128▼
Equity10/15-€14,643€7,019▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€19,643€2,019▲
Amounts payable17/49€111,691€86,109▼
Amounts payable after more than one year17€42,236€27,459▼
Financial debts170/4€42,236€27,459▼
Amounts payable within one year42/48€69,455€58,650▼
Current portion of amounts payable after more than one year42€14,204€14,778▲
Financial debts43€12,170€177▼
Credit institutions430/8€12,170€177▼
Trade debts44€3,982€4,557▲
Suppliers440/4€3,982€4,557▲
Other amounts payable47/48€39,099€39,139▲
Income statement Code20242025
Remuneration, social security and pensions62€161-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,944€14,449▲
Other operating charges640/8€744€340▼
Gross operating margin9900€1,692€39,010▲
Operating profit (loss)9901-€12,158€24,221▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€2,559€2,438▼
Recurring financial charges65€2,559€2,438▼
Profit (loss) for the period before taxes9903-€14,714€21,783▲
Income taxes67/77-€121
Profit (loss) for the period9904-€14,714€21,662▲
Profit (loss) for the period to be appropriated9905-€14,714€21,662▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,643€2,019▲
Profit (loss) brought forward from the previous period14P-€4,928-€19,643▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€161--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,131€12,944€14,449▲ 11.6%
Other operating charges640/8€321€744€340▼ 54.3%
Gross operating margin9900-€3,455€1,692€39,010▲ 23×
Operating profit (loss)9901-€4,906-€12,158€24,221-
Financial income75/76B-€3--
Recurring financial income75-€3--
Financial charges65/66B€22€2,559€2,438▼ 4.7%
Recurring financial charges65€22€2,559€2,438▼ 4.7%
Profit (loss) for the period before taxes9903-€4,928-€14,714€21,783-
Income taxes67/77--€121-
Profit (loss) for the period9904-€4,928-€14,714€21,662-
Profit (loss) for the period to be appropriated9905-€4,928-€14,714€21,662-
Line202320242025Change
Assets
Total assets20/58€73,648€97,049€93,128▼ 4.0%
Fixed assets21/28€41,867€70,985€60,257▼ 15.1%
Tangible fixed assets22/27€41,867€70,985€60,257▼ 15.1%
Land and buildings22€29,925€45,543€36,740▼ 19.3%
Plant, machinery and equipment23€11,942€25,443€23,517▼ 7.6%
Current assets29/58€31,781€26,063€32,871▲ 26.1%
Amounts receivable within one year40/41-€1,979€4,574▲ 131%
Trade receivables40-€479€3,695▲ 671%
Other amounts receivable41-€1,500€879▼ 41.4%
Cash at bank and in hand54/58€31,781€24,084€28,297▲ 17.5%
Equity and liabilities
Total equity and liabilities10/49€73,648€97,049€93,128▼ 4.0%
Equity10/15€72-€14,643€7,019-
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14-€4,928-€19,643€2,019-
Amounts payable17/49€73,576€111,691€86,109▼ 22.9%
Amounts payable after more than one year17€40,775€42,236€27,459▼ 35.0%
Financial debts170/4€40,775€42,236€27,459▼ 35.0%
Amounts payable within one year42/48€32,801€69,455€58,650▼ 15.6%
Current portion of amounts payable after more than one year42€9,225€14,204€14,778▲ 4.0%
Financial debts43-€12,170€177▼ 98.5%
Credit institutions430/8-€12,170€177▼ 98.5%
Trade debts44€10,575€3,982€4,557▲ 14.5%
Suppliers440/4€10,575€3,982€4,557▲ 14.5%
Other amounts payable47/48€13,001€39,099€39,139▲ 0.1%
Line202320242025Change
Profit (loss) for the period9904-€4,928-€14,714€21,662-
+ Depreciation and write-downs630€1,131€12,944€14,449▲ 11.6%
Operating cash flow (approximation)-€3,798-€1,770€36,111-
Investment in fixed assets (approximation)--€42,062-€3,721▲ 91.2%
Change in cash--€7,696€4,213-

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 (3)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00459411
31-12-2024 micro format 29-08-2025 2025-00436577
31-12-2023 micro format 29-08-2024 2024-00391452

Similar companies · same sector, comparable size

Of the 12,613 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,252. 1,411 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 · 1 entry · €102 awarded · €102 paid
Schemes
1 entry · €102 · €102 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
2 directors, no change since 2023
Jef JORIS
Director (not named in the articles) · since 06-04-2023
Current
Roel CLAES
Director (not named in the articles) · since 06-04-2023
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 →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Jef JORIS
  • Director (not named in the articles), from 06-04-2023 to date
Roel CLAES
  • Director (not named in the articles), from 06-04-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 11-04-2023 ↗

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

Capital over the years
  1. 11-04-2023 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

2 current directors
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

On 6 April 2023, Physio2Perform was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 In 2024 the registered office moved to Edegem.3 Of the 2 current board members, 2 have served since 2023.2 Total assets went from €73,648 in 2023 to €93,128 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-04-2023
  3. 3Belgian Official Gazette, 09-12-2024
  4. 4National Bank, annual accounts 2023 and 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
31-12
Financial Back to profitnet €21,662
Net result €21,662 after 2 loss-making years.
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-12
Financial Weakest financial yearnet -€14,714
Net result drops to -€14,714, the lowest in the series; recovery starts the following year.
09-12
Gazette deed Registered office
Registered-office move3 facts ▸
  • General meeting, 01-04-2024
  • Registered-office move, Hazeschransstraat 27,2650 Edegem
  • Other provision, “naam en hoedanigheid, voorzijde laatste bladzijde Luik B” (deed in Dutch)
29-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 29 days late
2023
11-04
Gazette deed Incorporation
Appointments: Roel CLAES (director) and Jef JORIS (director) · Founder · Kind of shares9 facts ▸
  • Incorporation, “Physio2Perform” (deed in Dutch)
  • Founder, Roel CLAES (and shareholder)
  • Founder, Jef JORIS (and shareholder)
  • Kind of shares, “één soort van aandeel” (deed in Dutch)
  • Director appointment, Roel CLAES (director (not named in the articles))
  • Director appointment, Jef JORIS (director (not named in the articles))
  • Pre-incorporation commitments, ratification, “verrichtingen vóór de datum van de oprichtingsakte, voor rekening van deze vennootschap in oprichting en in haar naam” (deed in Dutch)
  • Power of attorney, Stephane Van Roosbroeck
  • Founding capital, €5,000
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded06-04-2023
Financial year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800519818
Also 9925:BE0800519818
Registered 21-03-2026

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

Register as of 31 October 2026 · Peppol Directory

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

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

Sites & property

Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
338 m²
Building footprint
294 m²
Building volume
1,599 m³
Parcel 11013A0030/00T010, Flanders · tallest building 11.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Physio2Perform
Hazeschransstraat 27, 2650 EdegemPhysiotherapy
since 2023unit no. 2.343.745.375
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11013A0030/00T010 Flanders 338 m² 1 · 294 m² 11.4 m · 1
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.
“Alle verrichtingen, die hetzij rechtstreeks, hetzij onrechtstreeks verband houden met kinesitherapie, oefentherapie en in het bijzonder het…” (deed in Dutch)
18 activities (deed in Dutch)
  1. Alle verrichtingen, die hetzij rechtstreeks, hetzij onrechtstreeks verband houden met kinesitherapie, oefentherapie en in het bijzonder het behandelen van aandoeningen door middel van massages, manuele technieken, relaxatietherapie, elektrotherapie, tape- en bandagetechniek, accupunctuur, osteopathie en pre- en postnatale begeleidingen
  2. Oprichting, uitbating, beheer en begeleiding van fitnesscentra, sauna, solaria en algemene inrichtingen voor sport en fysieke vorming
  3. Het geven van onderwijs, opleiding, training en coaching m.b.t. kinesitherapie en aanverwante technieken
  4. Ambulante revalidatieactiviteiten
  5. Overige menselijke gezondheidszorg
  6. Wedstrijdbegeleiding
  7. Preventieve training aan teams of individuen
  8. Performance training aan teams of individuen
  9. Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels
  10. Verkoop van voedingssupplementen
  11. Het publiceren van artikelen en boeken
  12. Het beheren en uitbaten van een groepspraktijk voor kinesisten en soortgelijke, aanvullende beroepen en diensten, dit in het algemeen en in de breedste zin
  13. Het verstrekken van advies en bijstand, zowel technisch als administratief en commercieel, aan alle vennootschappen en ondernemingen
  14. De voorbereiding, de opstelling en het afsluiten, zowel als mandataris als voor eigen rekening van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden
  15. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, en dit in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur
  16. Onderneming in handelsbemiddeling
  17. Consultancy, opleiding, technische expertise en bijstand op voornoemde gebieden
  18. De controle op of het participeren in het bestuur van vennootschappen of ondernemingen door het opnemen van alle mogelijke mandaten binnen vennootschappen of ondernemingen

The full purpose is in the deed

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2610 Antwerpen-Wilrijk, Pater Verbiststraat 1B” (deed in Dutch)

deed of 11-04-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 2” (deed in Dutch)

deed of 11-04-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Bestuursorgaan, helft van de jaarlijkse nettowinst gereserveerd en de andere helft uitgekeerd voor zover is voldaan aan de wettelijke…” (deed in Dutch)

deed of 11-04-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“11. De jaarvergadering wordt gehouden in de zetel van de vennootschap of op iedere andere plaats aange-wezen in de oproe-ping, elk jaar de…” (deed in Dutch)

deed of 11-04-2023