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PROPELLOR

Active
Private limited companyfounded 2003active for 23 yearsKasteelstraat 3, 3360 Bierbeek, BelgiumKBO/BCE: BE 0860.381.981
Summary

PROPELLOR has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €669,262 and a net result of €74,965. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 73% of 10,777 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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PROPELLORActiveChecked score 94/100
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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.
PROPELLOR
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 enkel besluit…” (deed in Dutch)

deed of 22-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking, een of meer” (deed in Dutch)

deed of 22-11-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Geen beroep op rechter open, helft overdrager helft koper(s) naar evenredigheid aantal bij meerdere kopers” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, ten minste vijftien(15)dagen vanaf openstelling” (deed in Dutch)

deed of 22-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Tuesday of May at 11:00

deed of 22-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
“12, 2” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie” (deed in Dutch)

deed of 22-11-2023

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

Other provision: “Stortingsplicht, ten minste twee maanden op voorhand” (deed in Dutch)
Other provision: “Op naam, Aard van de aandelen” (deed in Dutch)
Other provision: “Ondeelbaarheid van de aandelen, maar één eigenaar per aandeel voor uitoefening rechten” (deed in Dutch)
Other provision: “Bijeenkomsten – beraadslaging en besluitvorming, oproeping bevat agenda” (deed in Dutch)
Other provision: “Gedelegeerd bestuurder, dagelijks bestuur” (deed in Dutch)
Other provision: “Controle van de vennootschap, commissaris” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, besluiten bij authentieke akte” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen processen-verbaal, voorzitter kan secretaris en stemopnemer aanduiden,niet noodzakelijk aandeelhouder” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bestemming van de winst–reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Naar verhouding van aantal aandelen” (deed in Dutch)
Other provision: “Communicatie, aangetekende post” (deed in Dutch)
Other provision: “Woonstkeuze, in het buitenland wonende zonder andere woonplaats in België” (deed in Dutch)
Other provision: “Rechtbank van zetel, Gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Gemeen recht” (deed in Dutch)
2 more provisions in the deed, see the deed of 22-11-2023

deed of 22-11-2023

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