PROPOLIS
ActiveSummary
PROPOLIS has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of €6,613. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 63% of 6,094 sector peers (NACE 96, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (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.
- PROPOLIS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen al dan niet aandeelhouder, 1” (deed in Dutch)“Eerstvolgende algemene vergadering moet bevestigen, overblijvende bestuurders bij openval plaats voor einde mandaat” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Rechten waarvan overdracht wordt voorgesteld, nietigheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 15.1 Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, op de…” (deed in Dutch)