Project Distribution
ActiveSummary
Project Distribution has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €986,769 and a net result of €479,467. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 58% of 4,992 sector peers (NACE 47, 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 Distribution
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision de l’organe de gestion, sièges administratifs, succursales, agences, dépôts et comptoirs…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Totalité des pouvoirs d'administration avec faculté de déléguer partie, administrateur unique par dérogation aux articles suivants” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs et transmission pour cause de mort des titres et obligations, dernière adresse connue de la société” (deed in French)
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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Organe_administration_en_fonction_comme_collège, assemblée_générale” (deed in French)“Toutes_opérations_prévues_par_loi” (deed in French)