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PICSTRO

Active
Public limited companyfounded 2009active for 16 yearsKortenberglaan 66, 1000 Brussel, Belgium29 active companies are registered at this addressKBO/BCE: BE 0820.520.129
Summary

PICSTRO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437,999 and a net result of €12,562. Equity remains stable across the filed financial years (±1.5% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“Toutes opérations immobilières et toutes études ayant trait à tous biens et/ou à tous…” (deed in French)
From the articles, 9 activitiesNo NACE code in the KBO yet
Size
€0turnover 2025
Equity
€437,999
Profit
€12,562
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 31 days early1 of 5 deeds summarised
Why 93raises riskNo registered site in the KBOlowers riskSize: turnover €0, total assets €707,265Figures for financial year 2025 (filed 30-06-2026)Equity €437,999 (61.9% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 87-3
equity 61.9% of total assets
Liquidity 51+4
short-term debt 34.7% · cash 13.1%
Profitability 71+30
return on assets 1.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged 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 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.46, compared with 0.34 in 2024, below 1; short-term debt: 34.7% and cash: 13.1% of total assets), and 38.1% 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 (no NACE code, micro): better than 52% on solvency, 43% on liquidity, 51% on profitability and 33% on growth.

The bankruptcy probability was computed on 26-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €0, total assets €707,265
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 30-06-2026)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Equity €437,999 (61.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
3 days early
2023
2 days early
2022
31 days late
2021
359 days late
2020
9 days early
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 62 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 30 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €12,562
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Turnover
€0
2024 · €0
Total assets
€707,265▲ 0.5%
2024 · €703,502
Net result
€12,562
2024 · -€17,968
Working capital
-€132,573▲ 12.2%
2024 · -€150,965
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €31,277 after a loss of €3,916 in 2024.

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

Turnover€0 2025 Operating result€31,277 2025 Net result€12,562 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0€0€0€0
Operating result€23,163--€3,410€37,853€21,800▼ 42.4%€40,698▲ 86.7%€31,373▼ 22.9%-€3,916€31,277
Net result€18,471--€27,032€29,686€8,853▼ 70.2%€23,294▲ 163%€11,190▼ 52.0%-€17,968€12,562
Equity€427,101-€400,069▼ 6.3%€429,755▲ 7.4%€438,608▲ 2.1%€461,901▲ 5.3%€473,092▲ 2.4%€455,124▼ 3.8%€437,999▼ 3.8%
Total assets€838,526-€810,213▼ 3.4%€868,542▲ 7.2%€718,617▼ 17.3%€749,983▲ 4.4%€759,150▲ 1.2%€703,502▼ 7.3%€707,265▲ 0.5%
Debt€250,648-€410,144▲ 63.6%€438,787▲ 7.0%€280,009▼ 36.2%€283,761▲ 1.3%€281,956▼ 0.6%€244,494▼ 13.3%€265,599▲ 8.6%
Working capital-€190,437--€338,656▼ 77.8%-€261,167▲ 22.9%-€193,462▲ 25.9%-€162,801▲ 15.8%-€132,052▲ 18.9%-€150,965▼ 14.3%-€132,573▲ 12.2%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €707,265
Fixed assets €594,442 ▼ 4.8%
Current assets €112,823 ▲ 42.5%
Equity and liabilities €707,265
Equity €437,999 ▼ 3.8%
Provisions €3,667 ▼ 5.6%
Debt €265,599 ▲ 8.6%
Debt's share of the balance-sheet total rises from 34.8% to 37.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€82,669▲
2024 · €43,427
Cash flow
€63,954▲
2024 · €29,375
Current ratio
0.46▲
2024 · 0.34
Debt to equity
0.61▲
2024 · 0.54
ROE
2.9%▲
2024 · -3.9%
ROA
1.8%▲
2024 · -2.6%
Interest coverage
6.66▲
2024 · 3.02
Debt ≤ 1 year
€245,395▲
2024 · €230,140
Income taxes
€7,047▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

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 6,049 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 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€703,502€707,265▲
Formation expenses20€0€0=
Fixed assets21/28€624,327€594,442▼
Tangible fixed assets22/27€624,327€594,442▼
Land and buildings22€599,283€558,176▼
Plant, machinery and equipment23€25,044€36,266▲
Financial fixed assets28-€0
Current assets29/58€79,175€112,823▲
Amounts receivable within one year40/41€8,497€17,523▲
Trade receivables40€3,459€8,050▲
Other amounts receivable41€5,038€9,473▲
Cash at bank and in hand54/58€63,320€92,466▲
Deferred charges and accrued income490/1€7,358€2,834▼
Equity and liabilities
Total equity and liabilities10/49€703,502€707,265▲
Equity10/15€455,124€437,999▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€102,368€85,244▼
Non-distributable reserves130/1€30,000€30,000=
Legal reserve130€30,000€30,000=
Tax-exempt reserves132€11,654€11,000▼
Distributable reserves133€60,714€44,244▼
Profit (loss) carried forward14€290,755€290,755=
Provisions and deferred taxes16€3,885€3,667▼
Deferred taxes168€3,885€3,667▼
Amounts payable17/49€244,494€265,599▲
Amounts payable within one year42/48€230,140€245,395▲
Trade debts44€17,252€30,842▲
Suppliers440/4€17,252€30,842▲
Advances received on contracts in progress46€880€880=
Taxes, remuneration and social security45€17,026€1,322▼
Taxes450/3€10,026€1,322▼
Remuneration and social security454/9€7,000€0▼
Other amounts payable47/48€194,982€212,352▲
Accrued charges and deferred income492/3€14,353€20,204▲
Income statement Code20242025
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,343€51,393▲
Other operating charges640/8€61,557€56,459▼
Gross operating margin9900€104,984€139,128▲
Operating profit (loss)9901-€3,916€31,277▲
Financial income75/76B€128€532▲
Recurring financial income75€128€532▲
Financial charges65/66B€14,398€12,418▼
Recurring financial charges65€14,398€12,418▼
Profit (loss) for the period before taxes9903-€18,186€19,390▲
Transfer from deferred taxes780€218€218=
Income taxes67/77€0€7,047▲
Profit (loss) for the period9904-€17,968€12,562▲
Transfer from tax-exempt reserves789€654€654=
Profit (loss) for the period to be appropriated9905-€17,314€13,216▲
Appropriation of the result
Profit (loss) to be appropriated9906€290,755€303,971▲
Profit (loss) brought forward from the previous period14P€308,069€290,755▼
Transfer from equity791/2-€29,686
Transfer to equity691/2-€13,216
To other reserves6921-€13,216
Profit to be distributed694/7-€29,686
Return on contributions (dividend)694-€29,686

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

Line20182019202020212022202320242025Change
Turnover70----€0€0€0€0-
Goods, raw materials, services and sundry goods60/61----€0€0€0€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,073€38,585€38,585€38,875€40,988€44,826€47,343€51,393▲ 8.6%
Other operating charges640/8---€42,496€45,255€58,765€61,557€56,459▼ 8.3%
Gross operating margin9900€105,535€80,421€118,210€103,171€126,940€134,964€104,984€139,128▲ 32.5%
Operating profit (loss)9901€23,163-€3,410€37,853€21,800€40,698€31,373-€3,916€31,277-
Financial income75/76B------€128€532▲ 316%
Recurring financial income75€1-----€128€532▲ 316%
Financial charges65/66B---€8,273€7,878€10,374€14,398€12,418▼ 13.7%
Recurring financial charges65€3,942€7,792€7,995€8,273€7,878€10,374€14,398€12,418▼ 13.7%
Profit (loss) for the period before taxes9903€19,222-€11,202€29,858€13,527€32,820€20,998-€18,186€19,390-
Transfer from deferred taxes780----€40€218€218€218=
Transfer to deferred taxes680----€4,361----
Income taxes67/77€750€176,607€172€4,675€5,206€10,026€0€7,047-
Profit (loss) for the period9904€18,471-€27,032€29,686€8,853€23,294€11,190-€17,968€12,562-
Transfer from tax-exempt reserves789----€121€654€654€654=
Transfer to tax-exempt reserves689----€13,083----
Profit (loss) for the period to be appropriated9905€18,471€299,392€29,686€8,853€10,331€11,844-€17,314€13,216-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€838,526€810,213€868,542€718,617€749,983€759,150€703,502€707,265▲ 0.5%
Formation expenses20-€0€0€0€0€0€0€0-
Fixed assets21/28€778,315€746,176€706,258€674,146€682,351€658,027€624,327€594,442▼ 4.8%
Tangible fixed assets22/27€778,315€744,843€706,258€674,146€682,351€658,027€624,327€594,442▼ 4.8%
Land and buildings22---€664,095€660,632€634,071€599,283€558,176▼ 6.9%
Plant, machinery and equipment23---€10,051€21,719€23,956€25,044€36,266▲ 44.8%
Financial fixed assets28-€1,333€0-€0€0-€0-
Current assets29/58€60,211€64,037€162,284€44,471€67,632€101,123€79,175€112,823▲ 42.5%
Amounts receivable within one year40/41€16,161€2,113€4,920€24,158€24,484€22,050€8,497€17,523▲ 106%
Trade receivables40---€24,158€23,656€21,223€3,459€8,050▲ 133%
Other amounts receivable41---€0€828€828€5,038€9,473▲ 88.0%
Cash at bank and in hand54/58€37,344€55,124€155,912€18,861€43,148€79,067€63,320€92,466▲ 46.0%
Deferred charges and accrued income490/1---€1,452€0€6€7,358€2,834▼ 61.5%
Equity and liabilities
Total equity and liabilities10/49€838,526€810,213€868,542€718,617€749,983€759,150€703,502€707,265▲ 0.5%
Equity10/15€427,101€400,069€429,755€438,608€461,901€473,092€455,124€437,999▼ 3.8%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€356,425€30,000€59,686€68,539€91,832€103,023€102,368€85,244▼ 16.7%
Non-distributable reserves130/1---€30,000€30,000€30,000€30,000€30,000=
Legal reserve130---€30,000€30,000€30,000€30,000€30,000=
Tax-exempt reserves132----€12,962€12,308€11,654€11,000▼ 5.6%
Distributable reserves133---€38,539€48,870€60,714€60,714€44,244▼ 27.1%
Profit (loss) carried forward14€8,677€308,069€308,069€308,069€308,069€308,069€290,755€290,755=
Provisions and deferred taxes16€160,776€0--€4,321€4,103€3,885€3,667▼ 5.6%
Deferred taxes168----€4,321€4,103€3,885€3,667▼ 5.6%
Amounts payable17/49€250,648€410,144€438,787€280,009€283,761€281,956€244,494€265,599▲ 8.6%
Amounts payable within one year42/48€250,648€402,692€423,450€237,933€230,433€233,175€230,140€245,395▲ 6.6%
Trade debts44€20,982€11,044€28,465€11,006€4,497€23,310€17,252€30,842▲ 78.8%
Suppliers440/4---€11,006€4,497€23,310€17,252€30,842▲ 78.8%
Advances received on contracts in progress46---€700€880€880€880€880=
Taxes, remuneration and social security45---€21,039€16,650€9,059€17,026€1,322▼ 92.2%
Taxes450/3---€12,939€2,650€6,059€10,026€1,322▼ 86.8%
Remuneration and social security454/9---€8,100€14,000€3,000€7,000€0▼ 100%
Other amounts payable47/48---€205,188€208,405€199,926€194,982€212,352▲ 8.9%
Accrued charges and deferred income492/3---€42,077€53,328€48,781€14,353€20,204▲ 40.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€18,471-€27,032€29,686€8,853€23,294€11,190-€17,968€12,562-
+ Depreciation and write-downs630€38,073€38,585€38,585€38,875€40,988€44,826€47,343€51,393▲ 8.6%
Operating cash flow (approximation)€56,544€11,552€68,271€47,728€64,281€56,016€29,375€63,954▲ 118%
Investment in fixed assets (approximation)--€6,446€1,333-€6,763-€49,193-€20,501-€13,643-€21,508▼ 57.6%
Change in cash-€17,780€100,788-€137,050€24,287€35,918-€15,747€29,146-

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

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-06-2026 2026-00244036
31-12-2024 micro format 28-07-2025 2025-00333833
31-12-2023 micro format 29-07-2024 2024-00304859
31-12-2022 micro format 31-08-2023 2023-00427332
31-12-2021 micro format 25-07-2023 2023-00273456
31-12-2020 micro format 22-07-2021 2021-39500066
31-12-2019 micro format 30-10-2020 2020-68400590
31-12-2018 micro format 31-10-2019 2019-73200357
31-12-2017 micro format 31-08-2018 2018-61400153
31-12-2016 micro format 03-11-2017 2017-69400139

Show all 16 filings

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

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Capital over the years
  1. 05-10-2023 Capital stated in the deed · €62,000 · 600 shares

Group and network

Connections & network

No directors read yet: 1 of 5 Gazette acts processed.

History

PICSTRO was incorporated on 13 November 2009.1 Total assets fell from €838,526 in 2018 to €707,265 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €12,562
Net result €12,562 after one loss-making year.
28-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
29-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
05-10
Gazette deed Permanent representative: Isabelle CAMMAERT
Capital · Registered office clause · Power of attorney10 facts ▸
  • General meeting, 28-09-2023
  • Other provision, “unanimité des voix, adaptation des statuts au Code des sociétés et des associations” (deed in French)
  • Other provision, “unanimité des voix, adoption de statuts nouveaux en concordance avec le Code des sociétés et des associations” (deed in French)
  • Capital, €62,000
  • Registered office clause, “adoptée à unanimité des voix, 1000 Bruxelles,avenue de Cortenbergh 66 boîte 2” (deed in French)
  • Power of attorney
  • Board meeting, “nommer représentant permanent de la société, ici présents” (deed in French)
  • Board composition, Jean-Pierre PIRSON (director)
  • Board composition, Isabelle CAMMAERT (director)
  • Permanent representative, Isabelle CAMMAERT (représentant permanent de la société)
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
25-07
NBB filing Annual accounts filed
financial year 2021 · micro format · 359 days late
2021
22-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Back to profitnet €29,686
Net result €29,686 after one loss-making year.
30-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 91 days late
2019
31-12
Financial Weakest financial yearnet -€27,032
Net result drops to -€27,032, the lowest in the series; recovery starts the following year.
31-10
NBB filing Annual accounts filed
financial year 2018 · micro format · 92 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
03-11
NBB filing Annual accounts filed
financial year 2016 · micro format · 95 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded13-11-2009
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

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If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

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

Register as of 27 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, Brussel
exact location from the address register On OpenStreetMap
Ground area
484 m²
Building footprint
482 m²
Building volume
7,510 m³
Parcel 21806F0351/00T000, Brussels · tallest building 29.0 m. Linked by address, not a title deed.
29 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21806F0351/00T000 Brussels 484 m² 1 · 482 m² 29.0 m · 7
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.
“Toutes opérations immobilières et toutes études ayant trait à tous biens et/ou à tous droits immobiliers, par nature, par incorporation ou…” (deed in French)
9 activities (deed in French)
  1. Toutes opérations immobilières et toutes études ayant trait à tous biens et/ou à tous droits immobiliers, par nature, par incorporation ou par destination, et aux biens et/ou à tous droits mobiliers qui en découlent, ainsi que toutes opérations civiles, commerciales, industrielles ou financières, qui s’y rapportent directement ou indirectement, comme, à titre d’exemple, l’achat, la mise en valeur, le lotissement, l’échange, l’amélioration, la location meublée ou non, la vente, la cession, la gestion, la transformation, la construction et la destruction de biens immobiliers et mobiliers.
  2. Aux fins de réaliser son objet, la société peut émettre des emprunts obligataires, des certificats fonciers et tout autre emprunt analogue.
  3. Elle peut hypothéquer ces biens immobiliers et mettre en gage ses autres biens, y compris le fonds de commerce, ainsi que donner son aval pour tout emprunt ou ouverture de crédit.
  4. La société a également pour objet tous conseils et expertises mobilières et immobilières ; tous conseils en location, vente, investissements et achat d’immeubles, parties d’immeubles et de terrains ; tous conseils en implantations, en conception, en promotions d’immeubles de bureaux, industriels, résidentiels ; tous conseils en mobiliers et en arts.
  5. La société peut agir pour son compte, par commission, comme intermédiaire ou comme représentant.
  6. Elle peut accepter tout mandat de gestion et d’administration dans toute société et association quelconque et se porter caution pour autrui.
  7. Elle peut accomplir toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet, et notamment, sans que cette liste ne soit limitative, vendre ou acheter, prendre en location, louer et échanger tous biens mobiliers, prendre, obtenir, agréer, acquérir, céder, toutes marques de fabrique, brevets d’invention et licences et effectuer des placements en valeurs mobilières.
  8. Elle pourra faire toutes opérations mobilières, immobilières, financières, se rapportant directement ou indirectement à son objet, ou de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation.
  9. Elle pourra s'intéresser par voie d'apports, de souscriptions, de fusions ou de toutes autres manières dans tous affaires ayant avec son objet un lien économique quelconque.

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.
Picstro
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, établir ou supprimer sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à…” (deed in French)

deed of 05-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Six ans, nombre minimum requis par la loi” (deed in French)

deed of 05-10-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Sous réserve de convention ou pacte d’actionnaires” (deed in French)

deed of 05-10-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque raison et à tout moment, désignation liquidateurs” (deed in French)
“Pouvoirs liquidateurs, assemblée générale en décide autrement à majorité voix” (deed in French)

deed of 05-10-2023

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

Other provision: “Augmentation et réduction du capital social, assemblée générale délibérant comme en matière de modification aux statuts” (deed in French)
Other provision: “Offerts par préférence aux actionnaires proportionnellement à la partie du capital que représentent leurs actions, droit de préférence en…” (deed in French)
Other provision: “Appels de fonds sur actions non entièrement libérées, lettre recommandée ou adresse e-mail communiquée avec compte bancaire par virement ou…” (deed in French)
Other provision: “Droits exercés par le débiteur-gagiste, indivisibilité des titres” (deed in French)
Other provision: “Présidence du conseil d'administration, élu par le conseil parmi ses membres” (deed in French)
Other provision: “Lieu indiqué dans la convocation,à défaut siège, convocation du conseil d'administration” (deed in French)
Other provision: “Procès-verbaux du conseil d'administration, registre spécial” (deed in French)
Other provision: “Pouvoirs du conseil d'administration, tous actes nécessaires ou utiles à réalisation objet” (deed in French)
Other provision: “Agissent seuls, gestion journalière” (deed in French)
Other provision: “Rémunération des administrateurs, conseil peut accorder aux chargés gestion journalière et mandataires spéciaux” (deed in French)
Other provision: “Lorsque loi l'exige ou,à défaut obligation légale,lorsque assemblée générale le décide, contrôle de la société” (deed in French)
Other provision: “Siège ou endroit indiqué convocation, tenue et convocation assemblée générale” (deed in French)
Other provision: “Admission à assemblée générale, actions sans vote,parts bénéficiaires sans vote,obligations convertibles,droits souscription,certificats…” (deed in French)
Other provision: “Représentation à assemblée générale, formalités admission accomplies” (deed in French)
Other provision: “Composition du bureau, président du conseil,à défaut vice-président,à défaut autre administrateur désigné par collègues” (deed in French)
Other provision: “Délibération assemblée générale, interdit sauf tous actionnaires présents décident unanimité sujets nouveaux,ainsi que circonstances…” (deed in French)
Other provision: “Assemblée générale par procédure écrite, sauf celles devant être reçues en acte authentique” (deed in French)
Other provision: “Vote par correspondance, fixé par organe d'administration” (deed in French)
Other provision: “Chaque action une voix, droit de vote” (deed in French)
Other provision: “Procès-verbaux assemblée générale, registre spécial au siège” (deed in French)
Other provision: “Déterminée par assemblée annuelle à majorité voix sur proposition conseil, affectation bénéfices” (deed in French)
Other provision: “Paiement dividendes et acomptes, conseil autorisé sous propre responsabilité conformément dispositions légales” (deed in French)
Liquidation distribution: “Mode liquidation, appels complémentaires à charge titres insuffisamment libérés ou remboursements préalables en espèces ou titres au profit…” (deed in French)
Other provision: “Litiges, société,actionnaires,autres titulaires,administrateurs,représentants permanents,commissaires,liquidateurs,directeurs,anciens…” (deed in French)
Other provision: “Communications,sommations,assignations,significations valables, élection domicile-communications” (deed in French)
Other provision: “Application Code des sociétés et des associations, réputées non écrites” (deed in French)
Other provision: “Adoptée à unanimité des voix, pacte ou convention actionnaires” (deed in French)
4 more provisions in the deed, see the deed of 05-10-2023

deed of 05-10-2023