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PoleCM

Active
Private limited companyfounded 2023active for 3 yearsGeneraal Wahislaan 18, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0800.534.664
Summary

PoleCM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161,091 and a net result of €44,879. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 54% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€161,091
Profit
€44,879
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 31 days late
Why 96lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 8.84, cash €232,419Size: total assets €266,902Equity €161,091 (60.4% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 85-15
equity 60.4% of total assets
Liquidity 99+5
short-term debt 11.3% · cash 87.1%
Profitability 80-20
return on assets 16.8%
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).

Sector median 0.1% (48,501 companies, NACE 70, micro)
Last 24 months 11-2024: < 0.1% 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: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.1 percentage points 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 12-2025lowest value 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: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.84, compared with 5.22 in 2024, above the usual 1.5; short-term debt: 11.3% and cash: 87.1% of total assets), and 39.6% 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 70, micro): better than 55% on solvency, 94% on liquidity, 46% on profitability and 76% 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

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 8.84, cash €232,419
NBB · annual accounts
lowers risk · Size: total assets €266,902
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €161,091 (60.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 days late
2024
29 days late
2023
27 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 70) for financial year 2024 is 9 days before the deadline, and 32% 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
30-10-2026 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. Equity above €150,000equity €161,091 ▲38.6%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478234.

Turnover
≈ €120,000
Estimated: probably between €86,000 and €140,000
Total assets
€266,902▲ 85.3%
2024 · €144,024
Net result
€44,879▼ 11.1%
2024 · €50,468
Working capital
€236,722▲ 103%
2024 · €116,447
Trend over the years

2023 to 2025, 3 financial years

The operating result has fallen two years in a row; 2025 is 11% below 2024 and is the lowest 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€56,237 2025 Net result€44,879 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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€80,447-€63,543▼ 21.0%€56,237▼ 11.5%
Net result€64,244above the sector's middle half-€50,468within the sector's middle half▼ 21.4%€44,879within the sector's middle half▼ 11.1%
Equity€65,744within the sector's middle half-€116,212within the sector's middle half▲ 76.8%€161,091within the sector's middle half▲ 38.6%
Total assets€98,628within the sector's middle half-€144,024within the sector's middle half▲ 46.0%€266,902within the sector's middle half▲ 85.3%
Debt€32,885-€27,812▼ 15.4%€105,812▲ 280%
Working capital€65,909within the sector's middle half-€116,447within the sector's middle half▲ 76.7%€236,722above the sector's middle half▲ 103%
Solvency66.7%within the sector's middle half-80.7%above the sector's middle half▲ 14.0pp60.4%within the sector's middle half▼ 20.3pp
Current ratio3.01within the sector's middle half-5.22above the sector's middle half▲ 2.218.84above the sector's middle half▲ 3.62
Return on assets (ROA)65.1%above the sector's middle half-35.0%above the sector's middle half▼ 30.1pp16.8%within the sector's middle half▼ 18.2pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy 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
Equity and liabilities €266,902
Equity €161,091 ▲ 38.6%
Debt €105,812 ▲ 280%
Debt's share of the balance-sheet total rises from 19.3% to 39.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.66▲
2024 · 0.24
ROE
27.9%▼
2024 · 43.4%
Debt ≤ 1 year
€30,181▲
2024 · €27,577
Debt > 1 year
€75,396
Income taxes
€11,293▼
2024 · €12,766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

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 39,278 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€144,024€266,902▲
Current assets29/58€144,024€266,902▲
Amounts receivable within one year40/41€11,350€34,483▲
Trade receivables40€11,350€33,832▲
Other amounts receivable41-€651
Cash at bank and in hand54/58€132,674€232,419▲
Equity and liabilities
Total equity and liabilities10/49€144,024€266,902▲
Equity10/15€116,212€161,091▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€114,712€159,591▲
Amounts payable17/49€27,812€105,812▲
Amounts payable after more than one year17-€75,396
Advances received on contracts in progress176-€75,396
Amounts payable within one year42/48€27,577€30,181▲
Financial debts43-€739
Credit institutions430/8-€739
Trade debts44€2,700€10,955▲
Suppliers440/4€2,700€10,955▲
Taxes, remuneration and social security45€24,877€11,259▼
Taxes450/3€24,877€11,259▼
Other amounts payable47/48-€7,228
Accrued charges and deferred income492/3€235€235=
Income statement Code20242025
Other operating charges640/8€439-
Gross operating margin9900€63,983€56,237▼
Operating profit (loss)9901€63,543€56,237▼
Financial income75/76B-€264
Recurring financial income75-€264
Financial charges65/66B€308€329▲
Recurring financial charges65€308€329▲
Profit (loss) for the period before taxes9903€63,235€56,171▼
Income taxes67/77€12,766€11,293▼
Profit (loss) for the period9904€50,468€44,879▼
Profit (loss) for the period to be appropriated9905€50,468€44,879▼
Appropriation of the result
Profit (loss) to be appropriated9906€114,712€159,591▲
Profit (loss) brought forward from the previous period14P€64,244€114,712▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€389€439--
Gross operating margin9900€80,836€63,983€56,237▼ 12.1%
Operating profit (loss)9901€80,447€63,543€56,237▼ 11.5%
Financial income75/76B--€264-
Recurring financial income75--€264-
Financial charges65/66B€140€308€329▲ 6.8%
Recurring financial charges65€140€308€329▲ 6.8%
Profit (loss) for the period before taxes9903€80,307€63,235€56,171▼ 11.2%
Income taxes67/77€16,064€12,766€11,293▼ 11.5%
Profit (loss) for the period9904€64,244€50,468€44,879▼ 11.1%
Profit (loss) for the period to be appropriated9905€64,244€50,468€44,879▼ 11.1%
Line202320242025Change
Assets
Total assets20/58€98,628€144,024€266,902▲ 85.3%
Current assets29/58€98,628€144,024€266,902▲ 85.3%
Amounts receivable within one year40/41€27,552€11,350€34,483▲ 204%
Trade receivables40€27,319€11,350€33,832▲ 198%
Other amounts receivable41€234-€651-
Cash at bank and in hand54/58€71,076€132,674€232,419▲ 75.2%
Equity and liabilities
Total equity and liabilities10/49€98,628€144,024€266,902▲ 85.3%
Equity10/15€65,744€116,212€161,091▲ 38.6%
Contributions10/11€1,500€1,500€1,500=
Profit (loss) carried forward14€64,244€114,712€159,591▲ 39.1%
Amounts payable17/49€32,885€27,812€105,812▲ 280%
Amounts payable after more than one year17--€75,396-
Advances received on contracts in progress176--€75,396-
Amounts payable within one year42/48€32,720€27,577€30,181▲ 9.4%
Financial debts43--€739-
Credit institutions430/8--€739-
Trade debts44€5,323€2,700€10,955▲ 306%
Suppliers440/4€5,323€2,700€10,955▲ 306%
Taxes, remuneration and social security45€20,564€24,877€11,259▼ 54.7%
Taxes450/3€20,564€24,877€11,259▼ 54.7%
Other amounts payable47/48€6,833-€7,228-
Accrued charges and deferred income492/3€165€235€235=
Line202320242025Change
Profit (loss) for the period9904€64,244€50,468€44,879▼ 11.1%
Operating cash flow (approximation)€64,244€50,468€44,879▼ 11.1%
Change in cash-€61,598€99,745▲ 61.9%

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 31-08-2026 2026-00478234
31-12-2024 micro format 29-08-2025 2025-00473800
31-12-2023 micro format 27-08-2024 2024-00449068

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,625. 42,002 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

European Union, budget

2025 · 1 entry · €158,173 in total
Projects
LODESTAR II - EDF-2024-LS-DA-SME-NT
European Defence Fund · 20-10-2025 to 19-04-2028 · €158,173 · LODESTAR II

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

Directors

Directors
1 director, no change since 2023
TUDOSIA Elena
Director (not named in the articles) · since 11-04-2023
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

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
TUDOSIA Elena
  • Director (not named in the articles), from 11-04-2023 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 · €1,500 · 100 shares

Group and network

Connections & network

1 current director
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, PoleCM was incorporated as a private limited company by one natural person, with a starting capital of €1,500.12 TUDOSIA Elena has served as director of the company since 2023.2 Total assets went from €98,628 in 2023 to €266,902 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-04-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
31-12
Financial Equity above €150,000equity €161,091 ▲38.6%
A profit in every financial year since 2023 builds equity to €161,091.
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-12
Financial Equity above €100,000equity €116,212 ▲76.8%
A profit in every financial year since 2023 builds equity to €116,212.
27-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 27 days late
2023
11-04
Gazette deed Incorporation
Appointment: TUDOSIA Elena (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 06-04-2023
  • Founder, TUDOSIA Elena
  • Founding capital, €1,500
  • Bank account, “société en formation, compte spécial” (deed in French)
  • Registered office clause, “1030 Schaerbeek, Boulevard Wahis 18 b013” (deed in French)
  • Board composition, 1
  • Director appointment, TUDOSIA Elena (director (not named in the articles))
  • Pre-incorporation commitments, ratification, “Tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises” (deed in French)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded06-04-2023
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
71209Other technical testing and analysis
73200Market research and public opinion polling
73300Public relations and communication consultancy
74301Translation services
Contact
E-mail mt.tudosia@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800534664
Also 9925:BE0800534664
Registered 18-12-2025

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

Register as of 30 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, Schaarbeek · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
1,988 m²
Building footprint
643 m²
Building volume
13,961 m³
Parcel 21904B0384/00M000, Brussels · tallest building 25.1 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
PoleCM
Generaal Wahislaan 18, 1030 SchaarbeekBusiness and other management consultancy
since 2023unit no. 2.344.512.764
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21904B0384/00M000 Brussels 1,988 m² 1 · 643 m² 25.1 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.
“La recherche et le conseil dans les domaines des technologies nouvelles et disruptives ainsi que des technologies à potentiel stratégique…” (deed in French)
18 activities (deed in French)
  1. La recherche et le conseil dans les domaines des technologies nouvelles et disruptives ainsi que des technologies à potentiel stratégique.
  2. La consultance en affaires gouvernementales, en politiques publiques et en représentation industrielle.
  3. Le conseil et l’assistance aux entreprises dans le développement des affaires et le développement des marchés à l’exportation.
  4. Le conseil et l’assistance aux entreprises pour l’accès aux subsides et financements publiques.
  5. L’organisation d’évènements et de séminaires thématiques dans les différents domaines touchant directement ou indirectement aux domaines cités ci-avant.
  6. L’activité immobilière, dans son sens large, l’achat, la vente, la construction, la location comme bailleur ou preneur, la promotion, la gestion, l’expertise, la rénovation, le courtage de tous biens immeubles en Belgique ou à l’étranger et tout ce qui s’y rapporte directement ou indirectement, à quelques fins que ce soit.
  7. L’activité d’intermédiaire commercial en tous domaines et toutes matières non réglementées à ce jour.
  8. Elle peut accepter des mandats de gestion, judiciaires ou non.
  9. Elle peut réaliser des expertises judiciaires.
  10. La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large.
  11. Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
  12. La société pourra louer ou sous louer, acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège, un siège d’exploitation ou d’y loger ses dirigeants et les membres de leur famille à titre de résidence principale.
  13. La société peut, d'une façon générale, accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation.
  14. Elle peut s'intéresser par voie d'apport, de fusion, de souscription ou de toute autre manière dans toutes affaires, entreprises associations ou sociétés ayant un objet identique, analogue ou connexe au sien, ou qui sont de nature à favoriser le développement de son entreprise, à lui procurer des matières premières ou à faciliter l'écoulement de ses produits.
  15. La société peut accepter et exercer un mandat d’administrateur, de gérant ou de liquidateur dans toutes sociétés, quel que soit son objet.
  16. La société pourra exercer toutes activités d’intermédiaire commercial dans les domaines ci-dessus énumérés et dans tous secteurs dont l’activité n’est pas réglementée à ce jour.
  17. La société peut constituer hypothèque ou toute autre sûreté réelle sur les biens sociaux ou se porter caution.
  18. Elle peut prêter à toutes sociétés et/ou personnes physiques et se porter caution pour elles, même hypothécairement.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger, par simple…” (deed in French)

deed of 11-04-2023

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.
“Cession d’actions, Article 10” (deed in French)
“Un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non, nommés avec ou sans limitation de durée” (deed in French)
“Rémunération des administrateurs, L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement” (deed in French)

deed of 11-04-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Le registre des actions pourra être tenu en la forme électronique., nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Les cessions n’ont d’effet vis-à-vis de la société et des tiers qu’à dater de leur inscription dans le registre des actions., Des…” (deed in French)
“Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Les actions doivent être libérées à leur émission., En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à…” (deed in French)
“Courrier électronique, ou, pour les personnes dont elle ne dispose pas d’une adresse électronique, par courrier ordinaire, à envoyer le même…” (deed in French)
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
One provision in the deed

deed of 11-04-2023

Meetings and financial year

Meeting accessWho may attend the meeting and what is needed to be admitted.
“Toute personne peut renoncer à la convocation, sera considérée comme ayant été régulièrement convoquée si elle est présente ou représentée à…” (deed in French)
1 more provision on this in the deed
Meeting procedureHow the meeting runs, from opening to minutes.
2 provisions in the deed
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le…” (deed in French)

deed of 11-04-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
“Trois ans, un ou plusieurs commissaires” (deed in French)
Dissolution ruleWhen and by whom the company can be dissolved.
“La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 11-04-2023

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

Other provision: “Indivisibilité des titres” (deed in French)
Other provision: “Pour tout litige entre la société, ses actionnaires, administrateurs, commissaires et liquidateurs relatifs aux affaires de la société et à…” (deed in French)
Other provision: “Les dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé sont réputées inscrites dans les…” (deed in French)
3 more provisions in the deed, see the deed of 11-04-2023

deed of 11-04-2023