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SAADE

Active
Private limited companyfounded 2023active for 3 yearsMaurice Lemonnierlaan 26, 1000 Brussel, BelgiumKBO/BCE: BE 0797.431.159
Summary

SAADE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,222 and a net result of -€35,724. Equity is growing by about 79% per year across the filed financial years. Its solvency ranks better than 29% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
SAADEActiveChecked score 83/100
Risk analysis ReportCompare

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.
SAADE
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 d'administration,des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)

deed of 24-01-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, organe d'administration” (deed in French)

deed of 24-01-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre d'actions acquises, nullité” (deed in French)

deed of 24-01-2023

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
Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause et à quelque moment, si aucun autre liquidateur désigné” (deed in French)

deed of 24-01-2023

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

Other provision: “Actions souscrites en espèces et non entièrement libérées, Appels de fonds” (deed in French)
Other provision: “Nominatives, Nature des actions” (deed in French)
Other provision: “Pouvoir d'administration, faculté de déléguer partie de ceux-ci” (deed in French)
Other provision: “Rémunération des administrateurs, portée aux frais généraux” (deed in French)
Other provision: “Administrateur-délégué, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Tenue et convocation de l'assemblée générale” (deed in French)
Other provision: “Dans les limites de la loi, toutes les décisions qui relèvent du pouvoir de l'assemblée générale” (deed in French)
Other provision: “Admission à l'assemblée générale, droits afférents ne peuvent pas être suspendus” (deed in French)
Other provision: “Délibérations, dispositions légales régissant les actions sans droit de vote” (deed in French)
Other provision: “Organe d’administration, prorogation assemblée générale” (deed in French)
Other provision: “Répartition bénéfice-réserves, articles 5:142 et 5:143” (deed in French)
Liquidation distribution: “Remis pour partage même proportion, actif net entre actionnaires en proportion actions” (deed in French)
Other provision: “Siège, communications,sommations,assignations,significations” (deed in French)
Other provision: “Tribunaux du siège, compétence judiciaire” (deed in French)
Other provision: “Clauses contraires impératives censées non écrites, droit commun” (deed in French)
3 more provisions in the deed, see the deed of 24-01-2023

deed of 24-01-2023

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