S. DEVOS
ActiveSummary
S. DEVOS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,132 and a net result of €73,661. Equity is growing by about 21% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
“L'exercice de médecine orthopédique par les médecins qui la composent” (deed in French)
From the articles, 4 activitiesNo NACE code in the KBO yet2 sites
Size
€340,514total assets 2025
- Equity
- €317,132
- Profit
- €73,661
Structure
- DEVOS StéphaneDirector
- MAIRESSE AnnabelleDirector
2025 accounts 1 day early1 of 5 deeds summarised
Why 96raises riskFigures for financial year 2025 (filed 30-10-2025)lowers riskSize: total assets €340,514Equity €317,132 (93.1% of total assets)Liquidity: current ratio 5.08, cash €54,306Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 93.1% of total assets
Liquidity
70+9
short-term debt 5.7% · cash 15.9%
Profitability
96+3
return on assets 21.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.1 percentage points vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.08, compared with 1.31 in 2024, above the usual 1.5; short-term debt: 5.7% and cash: 15.9% of total assets), and 6.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 66% on liquidity, 77% on profitability and 77% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
29 days early
2023
20 days late
2022
3 days early
2021
3 days early
2020
19 days late
2019
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 28 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-03-2026 year end28-10-2026 today31-10-2026 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2019 to 2025net €73,661 ▲20.4%
- Liquidity more than triplescurrent ratio 5.08
Financials · financial year 2025, micro format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€73,661▲ 20.4%
2024 · €61,161
Working capital
€79,333▲ 469%
2024 · €13,933
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€106,592
2025
Net result€73,661
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€340,514
2025
Equity€317,132
2025
Debt€23,382
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€79,333
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€47,961-€61,820▲ 28.9%€45,735▼ 26.0%€63,325▲ 38.5%€59,753▼ 5.6%€86,761▲ 45.2%€106,592▲ 22.9%
Net result€27,570-€40,578▲ 47.2%€29,187▼ 28.1%€43,539▲ 49.2%€40,338▼ 7.4%€61,161▲ 51.6%€73,661▲ 20.4%
Equity€99,669-€140,246▲ 40.7%€157,433▲ 12.3%€176,972▲ 12.4%€217,310▲ 22.8%€263,471▲ 21.2%€317,132▲ 20.4%
Total assets€401,956-€371,661▼ 7.5%€325,552▼ 12.4%€312,712▼ 3.9%€300,956▼ 3.8%€317,255▲ 5.4%€340,514▲ 7.3%
Debt€302,288-€231,414▼ 23.4%€168,119▼ 27.4%€135,739▼ 19.3%€83,646▼ 38.4%€53,784▼ 35.7%€23,382▼ 56.5%
Working capital-€52,236--€44,584▲ 14.6%-€27,872▲ 37.5%-€32,331▼ 16.0%-€1,495▲ 95.4%€13,933€79,333▲ 469%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340,514
Fixed assets
€241,730 ▼ 6.3%
Current assets
€98,784 ▲ 66.9%
Equity and liabilities €340,514
Equity
€317,132 ▲ 20.4%
Debt
€23,382 ▼ 56.5%
Debt's share of the balance-sheet total falls from 17.0% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122,942▲
2024 · €102,614
Cash flow
€90,011▲
2024 · €77,014
Current ratio
5.08▲
2024 · 1.31
Debt to equity
0.07▼
2024 · 0.20
ROE
23.2%▲
2024 · 23.2%
ROA
21.6%▲
2024 · 19.3%
Interest coverage
37.46▼
2024 · over 100
Debt ≤ 1 year
€19,451▼
2024 · €45,242
Debt > 1 year
€2,713▼
2024 · €8,543
Income taxes
€29,983▲
2024 · €25,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,322 | €34,173 | €27,449 | €20,481 | €14,697 | €15,853 | €16,350 | ▲ 3.1% |
| Other operating charges640/8 | - | - | - | €3,342 | €2,668 | €2,839 | €2,847 | ▲ 0.3% |
| Gross operating margin9900 | €93,431 | €100,514 | €75,908 | €87,147 | €77,119 | €105,453 | €125,789 | ▲ 19.3% |
| Operating profit (loss)9901 | €47,961 | €61,820 | €45,735 | €63,325 | €59,753 | €86,761 | €106,592 | ▲ 22.9% |
| Financial income75/76B | - | - | - | - | €348 | €286 | €335 | ▲ 17.1% |
| Recurring financial income75 | €2 | €2 | - | - | €348 | €286 | €335 | ▲ 17.1% |
| Financial charges65/66B | - | - | - | €2,625 | €3,309 | €786 | €3,282 | ▲ 318% |
| Recurring financial charges65 | €7,921 | €5,847 | €3,887 | €2,625 | €3,309 | €786 | €3,282 | ▲ 318% |
| Profit (loss) for the period before taxes9903 | €40,043 | €55,976 | €41,848 | €60,700 | €56,793 | €86,261 | €103,644 | ▲ 20.2% |
| Income taxes67/77 | €12,473 | €15,398 | €12,661 | €17,160 | €16,455 | €25,100 | €29,983 | ▲ 19.5% |
| Profit (loss) for the period9904 | €27,570 | €40,578 | €29,187 | €43,539 | €40,338 | €61,161 | €73,661 | ▲ 20.4% |
| Profit (loss) for the period to be appropriated9905 | €27,570 | €40,578 | €29,187 | €43,539 | €40,338 | €61,161 | €73,661 | ▲ 20.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €401,956 | €371,661 | €325,552 | €312,712 | €300,956 | €317,255 | €340,514 | ▲ 7.3% |
| Fixed assets21/28 | €366,795 | €333,922 | €283,591 | €270,329 | €258,713 | €258,080 | €241,730 | ▼ 6.3% |
| Tangible fixed assets22/27 | €366,795 | €333,922 | €283,591 | €270,329 | €258,713 | €258,080 | €241,730 | ▼ 6.3% |
| Land and buildings22 | - | - | - | €237,932 | €230,702 | €223,472 | €216,242 | ▼ 3.2% |
| Furniture and vehicles24 | - | - | - | €30,272 | €26,333 | €26,200 | €19,132 | ▼ 27.0% |
| Other tangible fixed assets26 | - | - | - | €2,125 | €1,678 | €8,408 | €6,356 | ▼ 24.4% |
| Current assets29/58 | €35,161 | €37,739 | €41,961 | €42,383 | €42,243 | €59,175 | €98,784 | ▲ 66.9% |
| Amounts receivable within one year40/41 | €1,067 | €1,067 | €3,125 | €21,545 | €5,435 | €3,247 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €17,184 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €4,361 | €5,435 | €3,247 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €13,789 | €17,141 | €22,429 | €3,517 | €13,935 | €34,497 | €54,306 | ▲ 57.4% |
| Deferred charges and accrued income490/1 | - | - | - | €17,322 | €22,874 | €21,431 | €44,477 | ▲ 108% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €401,956 | €371,661 | €325,552 | €312,712 | €300,956 | €317,255 | €340,514 | ▲ 7.3% |
| Equity10/15 | €99,669 | €140,246 | €157,433 | €176,972 | €217,310 | €263,471 | €317,132 | ▲ 20.4% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €86,360 | €126,360 | €143,360 | €159,360 | €199,360 | €245,360 | €298,960 | ▲ 21.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €157,500 | €197,500 | €245,360 | €298,960 | ▲ 21.8% |
| Profit (loss) carried forward14 | €909 | €1,486 | €1,673 | €5,212 | €5,550 | €5,711 | €5,772 | ▲ 1.1% |
| Amounts payable17/49 | €302,288 | €231,414 | €168,119 | €135,739 | €83,646 | €53,784 | €23,382 | ▼ 56.5% |
| Amounts payable after more than one year17 | €213,880 | €148,081 | €98,286 | €61,025 | €38,710 | €8,543 | €2,713 | ▼ 68.2% |
| Financial debts170/4 | - | - | - | €61,025 | €38,710 | €8,543 | €2,713 | ▼ 68.2% |
| Amounts payable within one year42/48 | €87,398 | €82,323 | €69,833 | €74,714 | €43,738 | €45,242 | €19,451 | ▼ 57.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €39,624 | €33,734 | €31,263 | €6,952 | ▼ 77.8% |
| Trade debts44 | €178 | €605 | - | €93 | €1,499 | €1,446 | €1,847 | ▲ 27.7% |
| Suppliers440/4 | - | - | - | €93 | €1,499 | €1,446 | €1,847 | ▲ 27.7% |
| Taxes, remuneration and social security45 | - | - | - | €10,997 | €8,505 | €12,532 | €10,378 | ▼ 17.2% |
| Taxes450/3 | - | - | - | €10,997 | €8,505 | €12,532 | €10,378 | ▼ 17.2% |
| Other amounts payable47/48 | - | - | - | €24,000 | €0 | - | €274 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,198 | €0 | €1,218 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,570 | €40,578 | €29,187 | €43,539 | €40,338 | €61,161 | €73,661 | ▲ 20.4% |
| + Depreciation and write-downs630 | €44,322 | €34,173 | €27,449 | €20,481 | €14,697 | €15,853 | €16,350 | ▲ 3.1% |
| Operating cash flow (approximation) | €71,892 | €74,751 | €56,635 | €64,020 | €55,035 | €77,014 | €90,011 | ▲ 16.9% |
| Investment in fixed assets (approximation) | - | -€1,300 | €22,882 | -€7,218 | -€3,082 | -€15,220 | €0 | - |
| Change in cash | - | €3,353 | €5,288 | -€18,912 | €10,418 | €20,562 | €19,809 | ▼ 3.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 30-10-2025 | 2025-00553862 |
| 31-03-2024 | micro format | 02-10-2024 | 2024-00487644 |
| 31-03-2023 | micro format | 20-11-2023 | 2023-00513351 |
| 31-03-2022 | micro format | 28-10-2022 | 2022-20479071 |
| 31-03-2021 | full format | 28-10-2021 | 2021-74500236 |
| 31-03-2020 | full format | 19-11-2020 | 2020-71200428 |
| 31-03-2019 | full format | 13-11-2019 | 2019-73600395 |
| 31-03-2018 | micro format | 29-10-2018 | 2018-70700047 |
| 31-03-2017 | micro format | 25-10-2017 | 2017-67800206 |
| 31-03-2016 | full format | 25-10-2016 | 2016-66200382 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
DEVOS Stéphane
CurrentDirector (not named in the articles) · since 09-01-2023
MAIRESSE Annabelle
CurrentDirector (not named in the articles) · since 09-01-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| DEVOS Stéphane |
|
| MAIRESSE Annabelle |
|
Owners and capital
Capital and shareholders
Capital over the years
- 11-01-2024 Converted to unavailable equity · €12,400
- 11-01-2024 Converted to unavailable equity · €1,860
- 11-01-2024 Converted to uncalled contributions · €6,200
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
financial year 2025 · micro format
31-03
Financial
Highest result from 2019 to 2025net €73,661 ▲20.4%
Operating result €106,592, net result €73,661, both a record.
31-03
Financial
Liquidity more than triplescurrent ratio 5.08
Current ratio from 1.31 to 5.08; short-term debt falls from €45,242 to €19,451.
2024
02-10
NBB filing
Annual accounts filed
financial year 2024 · micro format
11-01
Gazette deed
Appointments: DEVOS Stéphane (director) and MAIRESSE Annabelle (director)Legal-form conversion · Capital conversion · Amendment of the articles11 facts ▸
Gazette deed
Appointments: DEVOS Stéphane (director) and MAIRESSE Annabelle (director)
Legal-form conversion · Capital conversion · Amendment of the articles11 facts ▸
- Legal-form conversion, “adaptation statuts, Société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French) (2 times)
- Capital conversion, “compte de capitaux propres "apports non appelés"” (deed in French)
- General meeting, 05-01-2024
- Amendment of the articles
- Capital
- Director appointment, DEVOS Stéphane (director (not named in the articles))
- Director appointment, MAIRESSE Annabelle (director (not named in the articles))
- Registered office clause, “6280 Gerpinnes, rue du Clerc (JON) 14” (deed in French)
- Power of attorney
- Reserve release, “suppression compte”, 12400 (deed in French)
2023
20-11
NBB filing
Annual accounts filed
financial year 2023 · micro format · 20 days late
31-03
Financial
Equity above €200,000equity €217,310 ▲22.8%
A profit in every financial year since 2019 builds equity to €217,310.
2022
28-10
NBB filing
Annual accounts filed
financial year 2022 · micro format
2021
28-10
NBB filing
Annual accounts filed
financial year 2021 · full format
31-03
Financial
Equity above €150,000equity €157,433 ▲12.3%
A profit in every financial year since 2019 builds equity to €157,433.
2020
19-11
NBB filing
Annual accounts filed
financial year 2020 · full format · 19 days late
31-03
Financial
Equity above €100,000equity €140,246 ▲40.7%
A profit in every financial year since 2019 builds equity to €140,246.
Show earlier events
2019
13-11
NBB filing
Annual accounts filed
financial year 2019 · full format · 13 days late
2018
29-10
NBB filing
Annual accounts filed
financial year 2018 · micro format
2017
25-10
NBB filing
Annual accounts filed
financial year 2017 · micro format
2016
25-10
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 19 annual accounts filed, the latest 10 are here; all 19 are under Financials.
1 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded23-02-2006
Financial year end31-03
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gerpinnes · 2 establishment units since 2006
Ground area
7.8 ha
Building footprint
1,404 m²
Building volume
4,280 m³
3 parcels, Wallonia · tallest building 17.3 m. Linked by address, not a title deed.
2 establishment units
S. Devos
since 2006unit no. 2.306.779.764
S. Devos
since 2020unit no. 2.306.779.962
3 parcels
Wallonia
3
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52040C0113/00A003 | Wallonia | 7.6 ha | 1 · 1,171 m² | 17.3 m |
| 52033A0134/00C000 | Wallonia | 1,480 m² | 1 · 109 m² | 9.2 m · 3 |
| 52050A0579/00P005 | Wallonia | 850 m² | 1 · 124 m² | 14.8 m · 4 |
How the parcels are linked
Good to know
All 3 parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'exercice de médecine orthopédique par les médecins qui la composent; Créer, exploiter et gérer une ou plusieurs institutions de soins à…” (deed in French)
4 activities (deed in French)
- L'exercice de médecine orthopédique par les médecins qui la composent
- Créer, exploiter et gérer une ou plusieurs institutions de soins à l'exclusion de toute exploitation commerciale de la médecine
- Louer ou souslouer, acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d'y établir son siège social, un siège d'exploitation ou d'y loger ses dirigeants et les membres de leur famille
- La gestion et la valorisation d'un patrimoine immobilier notamment par l'achat, la vente, la location, la construction, le tout au sens le plus large
- 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.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à l'étranger par simple décision de l'organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée déterminée, si organe collégial et place vacante, administrateurs restants ont le droit de coopter un nouvel administrateur” (deed in French)“Se garde de toute mesure qui entrave le libre choix du Médecin par le patient, l’administrateur veillera à ce que soit assurée la…” (deed in French)“Sans que cette rémunération puisse se faire au détriment d'un ou de plusieurs actionnaires, cette rémunération sera portée aux frais…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Cessions ont effet à dater de leur inscription dans le registre, nominatives” (deed in French)“Droits exercés par les héritiers et légataires proportionnellement à leurs droits jusqu'au partage ou délivrance des legs, droits exercés…” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Présentation des statuts et du contrat de société au Conseil provincial, compensation équitable conformément aux règles de la déontologie…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Libérées à leur émission, l'actionnaire unique-administrateur détermine librement les versements ultérieurs” (deed in French)“Courrier électronique ou courrier ordinaire le même jour, au moins quinze jours” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of September
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, en tout cas, sera considérée comme ayant été régulièrement convoquée si elle est présente ou…” (deed in French)“Si seul le droit de vote est suspendu, il peut toujours participer à l’assemblée générale sans pouvoir participer au vote, les droits…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Nommés pour trois ans, rééligibles” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts, la cessation des activités…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed