PROGRESSUM
ActiveSummary
PROGRESSUM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,568 and a net result of €5,146. Equity remains stable across the filed financial years (±2.2% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Activity not known1 site
Size
≈ €100,000turnover 2025, estimated
- Equity
- €131,568
- Profit
- €5,146
Turnover estimated from the gross margin
Why 96lowers riskSize: total assets €162,315Liquidity: current ratio 1.92, cash €32,346Founded in 2008Equity €131,568 (81.1% of total assets)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency
100+9
equity 81.1% of total assets
Liquidity
70+5
short-term debt 18.4% · cash 19.9%
Profitability
73+8
return on assets 3.2%
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: 0.1%
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%● unchanged 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: 0.1%● unchanged vs 05-2026highest value
07-2026: 0.1%● unchanged 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 €12,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.92, compared with 2.01 in 2024, above the usual 1.5; short-term debt: 18.4% and cash: 19.9% of total assets), and 18.9% 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 81% on solvency, 65% on liquidity, 54% on profitability and 59% 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).
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 riskneutral
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
38 days early
2023
43 days early
2022
39 days early
2021
40 days early
2020
40 days early
2019
38 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 40 days before 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 22 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €5,146 ▲508%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
Turnover
≈ €100,000
Estimated: probably between €62,000 and €180,000
Total assets
€162,315▼ 15.3%
2024 · €191,700
Net result
€5,146▲ 508%
2024 · €847
Working capital
€27,369▼ 21.4%
2024 · €34,833
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 15% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€3,052
2025
Net result€5,146
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€162,315
2025
Equity€131,568
2025
Debt€30,747
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€27,369
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
Operating result€187--€1€127€168▲ 32.6%-€2,440€2,435€3,606▲ 48.1%€3,052▼ 15.3%
Net result-€8,448--€5,056▲ 40.1%€2,637-€2,784-€7,446▼ 167%-€10,965▼ 47.3%€847€5,146▲ 508%
Equity€149,191-€144,134▼ 3.4%€146,772▲ 1.8%€143,988▼ 1.9%€136,541▼ 5.2%€125,576▼ 8.0%€126,423▲ 0.7%€131,568▲ 4.1%
Total assets€401,169-€371,039▼ 7.5%€345,108▼ 7.0%€309,955▼ 10.2%€268,540▼ 13.4%€225,691▼ 16.0%€191,700▼ 15.1%€162,315▼ 15.3%
Debt€251,979-€226,905▼ 10.0%€198,337▼ 12.6%€165,968▼ 16.3%€131,999▼ 20.5%€100,115▼ 24.2%€65,277▼ 34.8%€30,747▼ 52.9%
Working capital€119,291-€109,136▼ 8.5%€102,804▼ 5.8%€91,323▼ 11.2%€71,949▼ 21.2%€50,024▼ 30.5%€34,833▼ 30.4%€27,369▼ 21.4%
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
Assets €162,315
Fixed assets
€105,159 ▼ 14.2%
Current assets
€57,156 ▼ 17.4%
Equity and liabilities €162,315
Equity
€131,568 ▲ 4.1%
Debt
€30,747 ▼ 52.9%
Debt's share of the balance-sheet total falls from 34.1% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23,539▼
2024 · €23,903
Cash flow
€25,632▲
2024 · €21,144
Current ratio
1.92▼
2024 · 2.01
Debt to equity
0.23▼
2024 · 0.52
ROE
3.9%▲
2024 · 0.7%
ROA
3.2%▲
2024 · 0.4%
Interest coverage
17.49▲
2024 · 5.52
Debt ≤ 1 year
€29,787▼
2024 · €34,372
Debt > 1 year
€0▼
2024 · €28,976
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95.2%
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%.
| 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 10,904 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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,487 | ▲ 0.9% |
| Other operating charges640/8 | - | - | - | €1,502 | €1,526 | €3,532 | €1,856 | €1,909 | ▲ 2.9% |
| Gross operating margin9900 | €21,917 | €21,749 | €21,881 | €21,967 | €19,384 | €26,265 | €25,759 | €25,448 | ▼ 1.2% |
| Operating profit (loss)9901 | €187 | -€1 | €127 | €168 | -€2,440 | €2,435 | €3,606 | €3,052 | ▼ 15.3% |
| Financial income75/76B | - | - | - | €4,140 | €1,034 | €5,006 | €1,570 | €3,439 | ▲ 119% |
| Recurring financial income75 | €1,178 | €2,505 | €10,437 | €4,140 | €1,034 | €5,006 | €1,570 | €3,439 | ▲ 119% |
| Financial charges65/66B | - | - | - | €6,993 | €6,187 | €18,406 | €4,329 | €1,346 | ▼ 68.9% |
| Recurring financial charges65 | €10,082 | €9,045 | €8,015 | €6,993 | €6,187 | €18,406 | €4,329 | €1,346 | ▼ 68.9% |
| Profit (loss) for the period before taxes9903 | -€8,718 | -€6,541 | €2,548 | -€2,685 | -€7,593 | -€10,965 | €847 | €5,146 | ▲ 508% |
| Income taxes67/77 | -€270 | -€1,484 | -€89 | €99 | -€146 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€8,448 | -€5,056 | €2,637 | -€2,784 | -€7,446 | -€10,965 | €847 | €5,146 | ▲ 508% |
| Profit (loss) for the period to be appropriated9905 | -€8,448 | -€5,056 | €2,637 | -€2,784 | -€7,446 | -€10,965 | €847 | €5,146 | ▲ 508% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €401,169 | €371,039 | €345,108 | €309,955 | €268,540 | €225,691 | €191,700 | €162,315 | ▼ 15.3% |
| Fixed assets21/28 | €244,281 | €223,984 | €203,686 | €183,388 | €163,090 | €142,793 | €122,495 | €105,159 | ▼ 14.2% |
| Tangible fixed assets22/27 | €244,281 | €223,984 | €203,686 | €183,388 | €163,090 | €142,793 | €122,495 | €105,159 | ▼ 14.2% |
| Land and buildings22 | - | - | - | €183,388 | €163,090 | €142,793 | €122,495 | €102,197 | ▼ 16.6% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €2,962 | - |
| Current assets29/58 | €156,888 | €147,056 | €141,422 | €126,567 | €105,450 | €82,898 | €69,205 | €57,156 | ▼ 17.4% |
| Amounts receivable within one year40/41 | - | €192 | - | - | €194 | €595 | €197 | €361 | ▲ 83.8% |
| Other amounts receivable41 | - | - | - | - | €194 | €595 | €197 | €361 | ▲ 83.8% |
| Current investments50/53 | €132,262 | €138,554 | €131,254 | €46,842 | €46,842 | €20,191 | €37,402 | €24,074 | ▼ 35.6% |
| Cash at bank and in hand54/58 | €24,626 | €8,310 | €9,686 | €79,168 | €57,135 | €61,564 | €30,931 | €32,346 | ▲ 4.6% |
| Deferred charges and accrued income490/1 | - | - | - | €558 | €1,279 | €549 | €675 | €375 | ▼ 44.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €401,169 | €371,039 | €345,108 | €309,955 | €268,540 | €225,691 | €191,700 | €162,315 | ▼ 15.3% |
| Equity10/15 | €149,191 | €144,134 | €146,772 | €143,988 | €136,541 | €125,576 | €126,423 | €131,568 | ▲ 4.1% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €167,583 | €167,583 | €167,583 | €167,583 | €124,141 | €119,439 | €119,439 | €119,439 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €165,723 | €122,281 | €119,439 | €119,439 | €119,439 | = |
| Profit (loss) carried forward14 | -€30,792 | -€35,849 | -€33,211 | -€35,995 | €0 | -€6,263 | -€5,417 | -€271 | ▲ 95.0% |
| Amounts payable17/49 | €251,979 | €226,905 | €198,337 | €165,968 | €131,999 | €100,115 | €65,277 | €30,747 | ▼ 52.9% |
| Amounts payable after more than one year17 | €214,382 | €188,226 | €158,159 | €129,908 | €97,619 | €65,391 | €28,976 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €125,728 | €94,739 | €62,511 | €28,976 | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €4,180 | €2,880 | €2,880 | €0 | - | - |
| Amounts payable within one year42/48 | €37,597 | €37,919 | €38,618 | €35,244 | €33,500 | €32,874 | €34,372 | €29,787 | ▼ 13.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €29,790 | €30,990 | €32,228 | €33,535 | €28,976 | ▼ 13.6% |
| Trade debts44 | - | - | €197 | - | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €5,454 | €2,510 | €646 | €837 | €812 | ▼ 3.0% |
| Accrued charges and deferred income492/3 | - | - | - | €815 | €880 | €1,850 | €1,930 | €960 | ▼ 50.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,448 | -€5,056 | €2,637 | -€2,784 | -€7,446 | -€10,965 | €847 | €5,146 | ▲ 508% |
| + Depreciation and write-downs630 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,298 | €20,487 | ▲ 0.9% |
| Operating cash flow (approximation) | €11,850 | €15,241 | €22,935 | €17,514 | €12,851 | €9,333 | €21,144 | €25,632 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | -€3,151 | - |
| Change in cash | - | -€16,317 | €1,377 | €69,482 | -€22,033 | €4,429 | -€30,632 | €1,414 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-06-2026 | 2026-00180504 |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00162208 |
| 31-12-2023 | micro format | 18-06-2024 | 2024-00139602 |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00148701 |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20082653 |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22500011 |
| 31-12-2019 | micro format | 23-06-2020 | 2020-19500361 |
| 31-12-2018 | micro format | 28-06-2019 | 2019-24600290 |
| 31-12-2017 | micro format | 20-06-2018 | 2018-20300482 |
| 31-12-2016 | micro format | 30-06-2017 | 2017-25100396 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
Pieter Van Haute
CurrentDirector (not named in the articles) · since 14-04-2023
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 →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2023, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pieter Van Haute |
|
Owners and capital
Capital and shareholders
Capital over the years
- 14-04-2023 Converted to unavailable equity · €12,400
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial
Highest result from 2018 to 2025net €5,146 ▲508%
Net result €5,146, the highest in the series.
23-06
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial
Back to profitnet €847
Net result €847 after 3 loss-making years.
18-06
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial
Weakest financial yearnet -€10,965
Net result drops to -€10,965, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
14-04
Gazette deed
Resignation: Pieter Van Haute (manager)Appointment: Pieter Van Haute (director) · Capital conversion · Reserve release13 facts ▸
Gazette deed
Resignation: Pieter Van Haute (manager)
Appointment: Pieter Van Haute (director) · Capital conversion · Reserve release13 facts ▸
- General meeting, 12-04-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, BV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “beschikbaar voor uitkering, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “vrijstelling niet-opgevraagde inbrengen aan de aandeelhouders”, 30-03-2023 (deed in Dutch)
- Capital
- Amendment of the articles
- Registered office clause, “Drapstraat 57,9810 Nazareth” (deed in Dutch)
- Power of attorney
- Other provision, “analytisch uittreksel” (deed in Dutch)
- Director resignation, Pieter Van Haute (manager)
- Director appointment, Pieter Van Haute (director (not named in the articles))
- +1 further fact in this act
2022
21-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
21-06
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial
Back to profitnet €2,637
Net result €2,637 after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
28-06
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
20-06
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
30-06
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 4 deeds read
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded26-08-2008
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899973126
Also
9925:BE0899973126
Registered
14-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
967600LZLUZH0YOCK539
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2008
Ground area
4,171 m²
Building footprint
262 m²
Building volume
89 m³
Parcel 44048F0484/00D000, Flanders · tallest building 5.7 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Progressum
since 2008unit no. 2.172.638.860
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44048F0484/00D000 | Flanders | 4,171 m² | 1 · 262 m² | 5.7 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.
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.
- PROGRESSUM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overbrenging naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands taalgebied door…” (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.
- “Bij collegiaal orgaan en openvallende plaats vóór einde mandaat hebben overblijvende bestuurders recht nieuwe bestuurder te coöpteren, één…” (deed in Dutch)“Onbezoldigd tenzij andersluidende beslissing algemene vergadering, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid aantal bij meer kopers, elke overdracht onder levenden ten bezwarende en kosteloze titel…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “186, vergoeding voor de inbrengen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed