Summary
PIEDEVO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €790,036 and a net result of €228,768. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 65% of 9,725 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- PIEDEVO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met eenparig goedvinden van de aandeelhouders, met inbegrip van de bestuurder zelf indien hij/zij tevens aandeelhouder is, geheel of…” (deed in Dutch)“Te allen tijde mits voornemen ten minste één maand vooraf bij gewone brief ter kennis van de andere bestuurders, niet eerder dan nadat de…” (deed in Dutch)“Behalve deze die de wet of de statuten aan de algemene vergadering voorbehouden, geheel van de bevoegdheden met mogelijkheid een deel te…” (deed in Dutch)“Algemene kosten, los van representatie-, reis- en verplaatsingskosten, vaste of evenredige vergoeding” (deed in Dutch)“Met of zonder beperking van duur, één of meer” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal aandelen, elke overdracht onder levenden…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Geld met uitgifte nieuwe aandelen, naar evenredigheid van aantal aandelen in bezit” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed