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SAGAERT LEON

Active
Public limited companyfounded 1989active for 37 yearsOostrozebekestraat 115, 8760 Tielt, BelgiumKBO/BCE: BE 0437.144.752
Summary

SAGAERT LEON has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €839,600 and a net result of €105,924. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 49% of 5,025 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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SAGAERT LEONActiveChecked score 89/100
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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.
SAGAERT LEON

deed of 24-11-2022

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
The sole director
Board ruleHow the board is made up, meets and takes decisions.
“Geheel van bestuursbevoegdheden met mogelijkheid deel te delegeren, enige bestuurder niet persoonlijk gehouden tot verbintenissen van…” (deed in Dutch)

deed of 24-11-2022

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Bij aangetekend schrijven of gewone brief of per e-mail mits wederzijds akkoord,op straffe van nietigheid, prijs geboden door…” (deed in Dutch)

deed of 24-11-2022

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of May

deed of 24-11-2022

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

Other provision: “Aanleg van reserves en verdeling van de winst, herleeft indien wettelijke reserve wordt aangesproken tot reservefonds opnieuw één tiende van…” (deed in Dutch)
Liquidation distribution: “Na aanzuivering van alle schulden, lasten en kosten van vereffening of na consignatie van nodige gelden om die te voldoen, netto-actief in…” (deed in Dutch)
Other provision: “Enige bestuurder bepaalt of zij alleen dan wel gezamenlijk optreden, dagelijks bestuur” (deed in Dutch)
Other provision: “Stemrecht en meerderheid, onder voorbehoud van wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
2 more provisions in the deed, see the deed of 24-11-2022

deed of 24-11-2022

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