PROJECT 21
ActiveSummary
PROJECT 21 has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144,092 and a net result of €40,986, of which €25,139 non-recurring income. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 66% of 976 sector peers (NACE 78, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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.
- PROJECT 21
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles Capitale, simple décision de l’organe de gestion” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, TITRE III. TITRES” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Nullité, déduction faite des actions dont la cession est proposée” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Personnes à cession libre selon loi ou article 9 ou tiers moyennant agrément de la moitié au moins des actionnaires possédant au moins trois…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction en vertu des statuts si aucun autre désigné” (deed in French)