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PROJECT I

Active
Private limited companyfounded 2005active for 21 yearsKapellestraat 120, 8560 Wevelgem, BelgiumKBO/BCE: BE 0873.987.123
Summary

PROJECT I has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,228 and a net result of -€16,132. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 29% of 17,012 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij eenvoudig besluit…” (deed in Dutch)

deed of 29-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering, 1” (deed in Dutch)
“Raad duidt voorzitter aan onder leden, volmacht aan collega per schriftelijk middel met handtekening voor welbepaalde vergadering” (deed in Dutch)

deed of 29-01-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft kopers naar evenredigheid aantal, elke overdracht of overgang onder bijzondere of algemene titel onder bezwarende…” (deed in Dutch)

deed of 29-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of May at 17:00

deed of 29-01-2024

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

Other provision: “Dagelijks bestuur, handelingen en beslissingen binnen behoeften dagelijks leven” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, bijgehouden op elke vergadering” (deed in Dutch)
Other provision: “Volmachten algemene vergadering, op bureau vergadering” (deed in Dutch)
Other provision: “Stemrecht, 1” (deed in Dutch)
Other provision: “Bestemming winst en uitkeringen, bestuursorgaan binnen wettelijke grenzen” (deed in Dutch)
2 more provisions in the deed, see the deed of 29-01-2024

deed of 29-01-2024