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Prime Advance

Active Risk: not assessed
Private limited companyfounded 2026active for less than a yearWaaiburg 2, 2440 Geel, BelgiumKBO/BCE: BE 1043.482.943
Summary

Prime Advance is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.

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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.
Prime Advance
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 06-10-2026

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.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)

deed of 06-10-2026

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.
“Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer kopers, elke overdracht onder levenden” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 06-10-2026

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December
First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
First financial year to 31-12-2027, first annual accounts due by 31-07-2028
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 06-10-2026

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
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, 24” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 06-10-2026

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

Other provision: “Stortingsplicht, dag der eisbaarheid” (deed in Dutch)
Other provision: “Bestuursbevoegdheid, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Vergoeding bestuurders, vaste of evenredige vergoeding” (deed in Dutch)
Other provision: “Een of meerdere commissarissen, controle vennootschap” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen-processen-verbaal, door een of meer vertegenwoordigingsbevoegde bestuursleden” (deed in Dutch)
Other provision: “Schriftelijk aan ieder ander persoon,aandeelhouder of niet,alle middelen van overdracht, beraadslagingen” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, elke gewone of buitengewone vergadering” (deed in Dutch)
Other provision: “Bestemming winst, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Instandhouding vermogen: uitkeringen en tantièmes, 23” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, 26” (deed in Dutch)
Other provision: “Woonstkeuze, 27” (deed in Dutch)
Other provision: “Uitgifte en bewaring akte, minuuthoudende notaris” (deed in Dutch)
4 more provisions in the deed, see the deed of 06-10-2026

deed of 06-10-2026

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