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PROCESS X

Active
Private limited companyfounded 2024active for 2 yearsRue de Xhovémont 9, 4140 Sprimont, BelgiumKBO/BCE: BE 1010.079.608
Summary

PROCESS X has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,248 and a net result of €50,767. Its solvency ranks better than 69% of 38,895 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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PROCESS XActiveChecked score 98/100
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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.
PROCESS X
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, organe d’administration” (deed in French)

deed of 07-06-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
One provision in the deed

deed of 07-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Mentions requises par le Code des sociétés et des associations, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“Organe qui procède à l'émission, ouverture de la souscription” (deed in French)

deed of 07-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of May

deed of 07-06-2024

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.
“Formes modifications statuts, assemblee generale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause, administrateurs en fonction designes liquidateurs” (deed in French)

deed of 07-06-2024

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

Other provision: “Appels de fonds, sur l’ensemble des actions dont l’actionnaire est titulaire” (deed in French)
Other provision: “Compte de capitaux propres statutairement indisponible, constitution” (deed in French)
Other provision: “Nature des autres titres, mentions requises par le Code des sociétés et des associations” (deed in French)
Other provision: “Indivisibilité des titres, droits exercés par usufruitier sauf disposition spéciale contraire dans statuts testament ou convention à origine…” (deed in French)
Other provision: “Démissionner à charge du patrimoine, Démission” (deed in French)
Other provision: “Exclusion d'actionnaire, actions de l'exclu annulées” (deed in French)
Other provision: “Frais représentation,voyages,déplacements indépendants, rémunération des administrateurs” (deed in French)
Other provision: “Représentation pour cette gestion, gestion journalière” (deed in French)
Other provision: “Trois ans, contrôle de la société” (deed in French)
Other provision: “Toutes décisions assemblée générale, assemblée générale par procédure écrite” (deed in French)
Other provision: “Chaque action une voix,reserve actions sans droit vote, deliberations assemblee generale” (deed in French)
Other provision: “Pouvoirs assemblee generale, pouvoirs conferes par Code societes associations” (deed in French)
Other provision: “Repartition reserves, chaque action droit egal” (deed in French)
Liquidation distribution: “Reparti entre actionnaires proportion actions,biens conserves remis meme proportion, apurement dettes charges frais liquidation ou…” (deed in French)
Other provision: “Election domicile, communications sommations assignations significations valables” (deed in French)
Other provision: “Competence judiciaire, societe actionnaires administrateurs commissaires liquidateurs affaires societe execution statuts” (deed in French)
4 more provisions in the deed, see the deed of 07-06-2024

deed of 07-06-2024

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