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SERDISER

Active
Public limited companyfounded 2002active for 23 yearsZennestraat 19, 1000 Brussel, Belgium17 active companies are registered at this addressKBO/BCE: BE 0478.945.121
Summary

The computed 12-month bankruptcy probability of SERDISER is 5.4% (elevated). For SERDISER, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€43,095) and a net result of -€168,799. Equity is shrinking by about 58% per year across the filed financial years. Its solvency ranks better than 12% of 385 sector peers (NACE 02, financial year 2023). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Forestry and logging
NACE 02100Activities of holding companies NACE 64210
1 site
Size
€837,234total assets 2023
Staff
1 FTE
Equity
-€43,095
Loss
-€168,799
Financial health
Bankruptcy probabilitywithin 12 months
5.4%
2023 figures too old to score
Structure
Accounts 755 days overdue1 of 2 deeds read
Signalsraises riskFigures for financial year 2023 (filed 09-10-2023)Liquidity: current ratio 0.123 financial years not filed after the legal deadline; latest accounts 7 days late; 1 of the last 3 lateTwo or more financial years not filedlowers riskSector: Forestry and logging (NACE 02)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 20-20
equity -5.1% of total assets
Liquidity 31-1
short-term debt 65.4%
Profitability 0-42
return on assets -20.2%
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (531 companies, NACE 02, micro)
Last 24 months 11-2024: 2.2%lowest value 12-2024: 2.4%▲ +0.2 percentage points vs 11-2024 01-2025: 2.6%▲ +0.2 percentage points vs 12-2024 02-2025: 3.0%▲ +0.4 percentage points vs 01-2025 03-2025: 4.4%▲ +1.4 percentage points vs 02-2025 04-2025: 4.4%● unchanged vs 03-2025 05-2025: 4.4%● unchanged vs 04-2025 06-2025: 4.0%▼ -0.4 percentage points vs 05-2025 07-2025: 4.0%● unchanged vs 06-2025 08-2025: 4.0%● unchanged vs 07-2025 09-2025: 4.0%● unchanged vs 08-2025 10-2025: 5.3%▲ +1.3 percentage points vs 09-2025 11-2025: 5.9%▲ +0.6 percentage points vs 10-2025highest value 12-2025: 5.9%● unchanged vs 11-2025highest value 01-2026: 5.8%▼ -0.1 percentage points vs 12-2025 02-2026: 5.8%● unchanged vs 01-2026 03-2026: 5.8%● unchanged vs 02-2026 04-2026: 5.8%● unchanged vs 03-2026 05-2026: 5.8%● unchanged vs 04-2026 06-2026: 5.8%● unchanged vs 05-2026 07-2026: 5.8%● unchanged vs 06-2026 08-2026: 5.8%● unchanged vs 07-2026 09-2026: 5.8%● unchanged vs 08-2026 10-2026: 5.4%▼ -0.4 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 09-10-2023)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.12
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 7 days late; 1 of the last 3 late
NBB · filings
lowers risk · Sector: Forestry and logging (NACE 02)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 28-02-2024, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
28-02-2024 year end28-09-2024 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 28-02-2023 was due by 30-09-2023 and was filed on 05-10-2023, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
not filed
2024
not filed
2023
5 days late
2022
4 days early
2021
33 days late
2020
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 15 days after the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · Amendment of…Appointment: ISERBYT Pierre Michel Philippe…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€168,799

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 30 September 2024 Financial year closed on 29 February 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 24 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€168,799▼ 544%
2022 · -€26,231
Working capital
-€481,397▼ 90.4%
2022 · -€252,883
Trend over the years

2019 to 2023, 5 financial years 2019 to 2023, 5 financial years

The operating result stays negative: a loss of €150,727 in 2023 against €13,302 in 2022; the loss grows and 2023 has the lowest 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-€150,727 2023 Net result-€168,799 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 02, Forestry and logging: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023
Operating result-€48,142--€96,173▼ 99.8%-€54,258▲ 43.6%-€13,302▲ 75.5%-€150,727▼ 1,033%
Net result-€62,542--€109,946below the sector's middle half▼ 75.8%-€67,401below the sector's middle half▲ 38.7%-€26,231below the sector's middle half▲ 61.1%-€168,799below the sector's middle half▼ 544%
Equity€329,282-€219,336within the sector's middle half▼ 33.4%€151,935below the sector's middle half▼ 30.7%€125,704within the sector's middle half▼ 17.3%-€43,095below the sector's middle half
Total assets€974,970-€866,754within the sector's middle half▼ 11.1%€831,210within the sector's middle half▼ 4.1%€831,168within the sector's middle half=€837,234within the sector's middle half▲ 0.7%
Debt€645,689-€647,418▲ 0.3%€679,275▲ 4.9%€705,464▲ 3.9%€880,329▲ 24.8%
Working capital-€280,088--€316,563below the sector's middle half▼ 13.0%-€326,790below the sector's middle half▼ 3.2%-€252,883below the sector's middle half▲ 22.6%-€481,397below the sector's middle half▼ 90.4%
Solvency33.8%-25.3%within the sector's middle half▼ 8.5pp18.3%below the sector's middle half▼ 7.0pp15.1%below the sector's middle half▼ 3.2pp-5.1%below the sector's middle half▼ 20.3pp
Current ratio0.24-0.11below the sector's middle half▼ 0.130.13below the sector's middle half▲ 0.020.35below the sector's middle half▲ 0.220.12below the sector's middle half▼ 0.23
Return on assets (ROA)-6.4%--12.7%below the sector's middle half▼ 6.3pp-8.1%below the sector's middle half▲ 4.6pp-3.2%below the sector's middle half▲ 5.0pp-20.2%below the sector's middle half▼ 17.0pp
Staff (FTE)0.5-0.5below the sector's middle half=0.5below the sector's middle half=1▲ 100%1=
above within below the middle half of NACE 02, Forestry and logging: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €837,234
Fixed assets €770,906 ▲ 11.1%
Current assets €66,328 ▼ 51.7%
Equity and liabilities
Equity-€43,095
Debt€880,329
Equity is negative: debt (€880,329) exceeds the balance-sheet total (€837,234).
Key figures and ratios
2023 value · change against 2022
EBITDA
-€92,910▼
2022 · €41,748
Cash flow
-€110,982▼
2022 · €28,819
Interest coverage
-5.14▼
2022 · 3.23
Debt ≤ 1 year
€547,726▲
2022 · €390,199
Staff costs
€21,278▲
2022 · €20,160
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 47 lines
Balance sheet Code20222023
Assets
Total assets20/58€831,168€837,234▲
Fixed assets21/28€693,852€770,906▲
Tangible fixed assets22/27€693,852€770,906▲
Land and buildings22€651,017€729,827▲
Furniture and vehicles24€42,835€41,079▼
Current assets29/58€137,316€66,328▼
Amounts receivable within one year40/41€101,074€60,950▼
Trade receivables40€98,410€53,071▼
Other amounts receivable41€2,664€7,878▲
Cash at bank and in hand54/58€33,536-
Deferred charges and accrued income490/1€2,706€5,379▲
Equity and liabilities
Total equity and liabilities10/49€831,168€837,234▲
Equity10/15€125,704-€43,095▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€64,204€6,150▼
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Distributable reserves133€58,054-
Profit (loss) carried forward14--€110,745
Amounts payable17/49€705,464€880,329▲
Amounts payable within one year42/48€390,199€547,726▲
Financial debts43-€169,881
Credit institutions430/8-€169,881
Trade debts44€51,884€63,219▲
Suppliers440/4€51,884€63,219▲
Taxes, remuneration and social security45€10,451€3,168▼
Taxes450/3€7,452-
Remuneration and social security454/9€2,999€3,168▲
Other amounts payable47/48€327,864€311,457▼
Accrued charges and deferred income492/3€315,265€332,604▲
Income statement Code20222023
Remuneration, social security and pensions62€20,160€21,278▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,050€57,817▲
Other operating charges640/8€1,897€2,840▲
Gross operating margin9900€63,805-€68,792▼
Operating profit (loss)9901-€13,302-€150,727▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€12,944€18,072▲
Recurring financial charges65€12,944€18,072▲
Profit (loss) for the period before taxes9903-€26,231-€168,799▼
Profit (loss) for the period9904-€26,231-€168,799▼
Profit (loss) for the period to be appropriated9905-€26,231-€168,799▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24,652-€168,799▼
Profit (loss) brought forward from the previous period14P€1,579-
Transfer from equity791/2€24,652€58,054▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62---€20,160€21,278▲ 5.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61,371€60,410€61,989€55,050€57,817▲ 5.0%
Other operating charges640/8---€1,897€2,840▲ 49.8%
Gross operating margin9900€33,586-€14,112€30,671€63,805-€68,792-
Operating profit (loss)9901-€48,142-€96,173-€54,258-€13,302-€150,727▼ 1,033%
Financial income75/76B---€15--
Recurring financial income75---€15--
Financial charges65/66B---€12,944€18,072▲ 39.6%
Recurring financial charges65€13,288€13,682€13,143€12,944€18,072▲ 39.6%
Profit (loss) for the period before taxes9903-€61,506-€109,946-€67,401-€26,231-€168,799▼ 544%
Income taxes67/77€1,036-----
Profit (loss) for the period9904-€62,542-€109,946-€67,401-€26,231-€168,799▼ 544%
Profit (loss) for the period to be appropriated9905-€62,542-€109,946-€67,401-€26,231-€168,799▼ 544%
Line20192020202120222023Change
Assets
Total assets20/58€974,970€866,754€831,210€831,168€837,234▲ 0.7%
Fixed assets21/28€887,832€827,422€781,997€693,852€770,906▲ 11.1%
Tangible fixed assets22/27€887,832€827,422€781,997€693,852€770,906▲ 11.1%
Land and buildings22---€651,017€729,827▲ 12.1%
Furniture and vehicles24---€42,835€41,079▼ 4.1%
Current assets29/58€87,139€39,332€49,212€137,316€66,328▼ 51.7%
Amounts receivable within one year40/41€71,737€28,275€22,923€101,074€60,950▼ 39.7%
Trade receivables40---€98,410€53,071▼ 46.1%
Other amounts receivable41---€2,664€7,878▲ 196%
Cash at bank and in hand54/58€12,701€7,946€23,780€33,536--
Deferred charges and accrued income490/1---€2,706€5,379▲ 98.8%
Equity and liabilities
Total equity and liabilities10/49€974,970€866,754€831,210€831,168€837,234▲ 0.7%
Equity10/15€329,282€219,336€151,935€125,704-€43,095-
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10---€61,500€61,500=
Issued capital100---€61,500€61,500=
Reserves13€88,856€88,856€88,856€64,204€6,150▼ 90.4%
Non-distributable reserves130/1---€6,150€6,150=
Legal reserve130---€6,150€6,150=
Distributable reserves133---€58,054--
Profit (loss) carried forward14€178,926€68,980€1,579--€110,745-
Amounts payable17/49€645,689€647,418€679,275€705,464€880,329▲ 24.8%
Amounts payable within one year42/48€367,227€355,895€376,002€390,199€547,726▲ 40.4%
Financial debts43----€169,881-
Credit institutions430/8----€169,881-
Trade debts44€53,743€25,991€51,640€51,884€63,219▲ 21.8%
Suppliers440/4---€51,884€63,219▲ 21.8%
Taxes, remuneration and social security45---€10,451€3,168▼ 69.7%
Taxes450/3---€7,452--
Remuneration and social security454/9---€2,999€3,168▲ 5.6%
Other amounts payable47/48---€327,864€311,457▼ 5.0%
Accrued charges and deferred income492/3---€315,265€332,604▲ 5.5%
Line20192020202120222023Change
Profit (loss) for the period9904-€62,542-€109,946-€67,401-€26,231-€168,799▼ 544%
+ Depreciation and write-downs630€61,371€60,410€61,989€55,050€57,817▲ 5.0%
Operating cash flow (approximation)-€1,171-€49,536-€5,412€28,819-€110,982-
Investment in fixed assets (approximation)-€0-€16,565€33,095-€134,871-
Change in cash--€4,755€15,833€9,756--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
28-02-2023 micro format 05-10-2023 2023-00477656
28-02-2022 micro format 26-09-2022 2022-20449644
28-02-2021 full format 02-11-2021 2021-76600241
29-02-2020 full format 26-10-2020 2020-63300453
28-02-2019 full format 08-10-2019 2019-69000509
28-02-2018 full format 09-10-2018 2018-69000316
28-02-2017 full format 12-10-2017 2017-67200391
29-02-2016 full format 28-09-2016 2016-62200516
28-02-2015 full format 16-10-2015 2015-65000483
28-02-2014 full format 02-10-2014 2014-63900016

Show all 20 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 601 active companies whose main activity is forestry and logging (NACE 02100), figures are known for 211. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Pierre ISERBYT
Administrateur statutaire unique · since 04-01-2024
Current
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
1 of this company's 2 Belgian Official Gazette deeds has 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 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Pierre ISERBYT
  • Board, since before 04-01-2024
DIDIER Michèlle Pierette Claudette
  • Board, until 04-01-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 04-01-2024 ↗
  • ISERBYT Pierre Michel Philippe all shares

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 04-01-2024 Capital stated in the deed · €61,500 · 1,000 shares

Group and network

Connections & network

4 connected companies

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1

History

SERDISER was incorporated on 4 December 2002.1 The registered office was moved to Bruxelles in 2024.2 Total assets fell from €974,970 in 2019 to €837,234 in 2023 and headcount from 0.5 to 1 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-01-2024
  3. 3National Bank, annual accounts 2019 and 2023

Acts, filings and financial milestones

2024
04-01
Gazette deed Capital & shares · Amendment of the articles · Legal-form change · Resignations & appointments
Appointment: ISERBYT Pierre Michel Philippe (administrateur statutaire unique) · Resignations: ISERBYT Pierre Michel Philippe (director) and DIDIER Michèlle Pierette Claudette (director) · Incorporation17 facts ▸
  • General meeting, 18-12-2023
  • Incorporation, 02-12-2002
  • Board composition, ISERBYT Pierre Michel Philippe (director)
  • Board composition, DIDIER Michèlle Pierette Claudette (director)
  • Shareholding, “seul propriétaire totalité mille actions existantes” (deed in French)
  • Other provision, “absence autres titres” (deed in French)
  • Director appointment, ISERBYT Pierre Michel Philippe (administrateur statutaire unique) (2 times)
  • Legal-form conversion, “société anonyme à administrateur unique statutaire” (deed in French) (2 times)
  • Amendment of the articles (2 times)
  • Power of attorney (2 times)
  • Director resignation, ISERBYT Pierre Michel Philippe
  • Director resignation, DIDIER Michèlle Pierette Claudette
  • +5 further facts in this act
2023
05-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 5 days late
28-02
Financial Weakest financial yearnet -€168,799
Net result drops to -€168,799, the lowest in the series.
2022
26-09
NBB filing Annual accounts filed
financial year 2022 · micro format
2021
02-11
NBB filing Annual accounts filed
financial year 2021 · full format · 33 days late
2020
26-10
NBB filing Annual accounts filed
financial year 2020 · full format · 26 days late
2019
08-10
NBB filing Annual accounts filed
financial year 2019 · full format · 8 days late
2018
09-10
NBB filing Annual accounts filed
financial year 2018 · full format · 9 days late
2017
12-10
NBB filing Annual accounts filed
financial year 2017 · full format · 12 days late
2016
28-09
NBB filing Annual accounts filed
financial year 2016 · full format
2015
16-10
NBB filing Annual accounts filed
financial year 2015 · full format · 16 days late
2014
02-10
NBB filing Annual accounts filed
financial year 2014 · full format · 2 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded04-12-2002
Financial year end28-02
Activities, NACEBEL 2025
02100Forestry and logging
64210Activities of holding companies
61100Wired, wireless and satellite telecommunications
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID 0208:0478945121
Also 9925:BE0478945121
Registered 09-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 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, Brussel · 1 establishment unit since 2003
registered office establishment The establishment unit on the map
Ground area
3,076 m²
Building footprint
1,155 m²
Building volume
13,946 m³
2 parcels, Brussels · tallest building 21.1 m. Linked by address, not a title deed.
17 companies at this address See who is registered here
1 establishment unit
SERDISER
Waterkasteelstraat 34, 1180 UkkelActivities of holding companies
since 2003unit no. 2.133.123.436
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21811M2585/00G002 Brussels 1,928 m² 1 · 809 m² 21.1 m · 5
21614E0069/00P004 Brussels 1,149 m² 1 · 346 m² 9.1 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toute activité de gestion,de management et de conseil,en matière financière ou économique et de développement d’entreprises; Toute opération…” (deed in French)
15 activities (deed in French)
  1. Toute activité de gestion,de management et de conseil,en matière financière ou économique et de développement d’entreprises
  2. Toute opération d’investissement,l’acquisition et la détention de toutes actios,valeurs mobilières,droits et biens meubles et immeubles,et,de manière générale,tout intérêt dans des investissements meubles ou immeubles
  3. Acquérir tout intérêt par association ou apport de capitaux,fusion,souscription,participation,intervention financière ou autrement dans n'importe quelle société,entreprise et opération ayant un objet similaire,lié ou contribuant à la réalisation de son propre objet
  4. Se constituer un patrimoine comprenant a) tous biens immobiliers,tant construits ou à construire tant en Belgique qu'à l'étranger,ainsi que tous droits immobiliers relatifs à de tels tels biens (y compris les droits d’emphytéose ou de superficie)
  5. B) tous investissements financiers tant dans des valeurs à rente fixe que dans des actions,émises par des sociétés belges ou étrangères
  6. C) l’octroi de prêts et avances à toutes personnes,physiques ou morales,avec ou sans garanties réelles
  7. S’approprier,donner ou prendre en location,ériger,aliéner ou échanger tous biens meubles ou immeubles d'exploitation ou d'équipement
  8. Entreprendre toutes opérations commerciales,industrielles ou financières se rapportant directement ou indirectement à son objet,y compris la sous-traitance en général et l'exploitation de tous droits intellectuels et de propriété industrielle ou commerciale y relatifs
  9. Acquérir à titre d'investissement tous biens meubles ou immeubles,même sans rapport direct ou indirect avec l’objet de la société
  10. Pourvoir à l'administration et à la liquidation de toutes sociétés liées ou avec lesquelles il existe un lien de participation et consentir tous prêts à celles-ci,sous quelque forme et pour quelque durée que ce soit,ou fournir caution pour ces sociétés
  11. Prendre un intérêt par voie d’apport en numéraire ou en nature,de fusion,de souscription,de participation,d'intervention financière ou autrement,dans toutes sociétés ou entreprises existantes ou à créer,en Belgique ou à l'étranger et dont l'objet serait identique,analogue ou connexe au sien,ou de nature à favoriser le développement de son objet
  12. Collaborer et prendre part,ou prendre un intérêt dans d’autres entreprises,directement ou indirectement,de quelque manière que ce soit
  13. Donner caution tant pour ses propres engagements que pour les engagements de tiers,entre autres en donnant ses biens en hypothèque ou en gage,y compris son propre fonds de commerce
  14. Effectuer toute opération de vente,achat et rachat de tout œuvre d’art et de toute opération liée à cette activité
  15. Dans les limites de son objet conclure toute opération financière,industrielle,commerciale ou civile en Belgique ou à l’étranger

The full purpose is in the deed

deed of 04-01-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“1, administrateur unique” (deed in French)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 04-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of September at 14:00

deed of 04-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prescrites modification statuts, actif net inférieur quart capital” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 04-01-2024

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

Other provision: “Droit de vote et admission, 1” (deed in French)
Other provision: “Illimitée, société anonyme de droit belge” (deed in French)
Other provision: “Augmentation de capital,émission d’obligations convertibles ou de droits de souscription, par préférence aux actionnaires…” (deed in French)
Other provision: “Taux escompte de la Banque Nationale majoré de six pour cent, appels de fonds” (deed in French)
Other provision: “Nature des actions, acquisition en propriété ou autrement emporte adhésion aux statuts” (deed in French)
Other provision: “Nature des autres titres, mentions requises par le Code des sociétés et des associations” (deed in French)
Other provision: “Indivisibilité des actions, propriété emporte adhésion aux statuts” (deed in French)
Other provision: “Procès-verbaux, signés par administrateur unique” (deed in French)
Other provision: “Administrateur unique détermine si agissent seul ou conjointement, Gestion journalière” (deed in French)
Other provision: “Rémunération de l'administrateur unique, sauf décision contraire de l'assemblée générale des actionnaires” (deed in French)
Other provision: “Trois ans renouvelable, Contrôle” (deed in French)
Other provision: “Courrier électronique à adresse communiquée sinon lettre ordinaire même jour que courriers électroniques, quinze jours avant assemblée” (deed in French)
Other provision: “Assemblée générale extraordinaire, moitié au moins des actions constituant ensemble du capital représentée” (deed in French)
Other provision: “Date la plus tardive signature circulaire par actionnaire, décision par écrit” (deed in French)
Other provision: “Copies et extraits procès-verbaux assemblées générales, tiers” (deed in French)
Other provision: “Distribution dividendes, assemblée générale des actionnaires” (deed in French)
Other provision: “Réunion toutes actions entre une seule main, actionnaire unique exerce pouvoirs dévolus assemblée générale” (deed in French)
Other provision: “Élection de domicile, à défaut censés avoir élu domicile en domicile précédent” (deed in French)
Other provision: “Assemblée générale décide sur proposition administrateur statutaire unique, répartition des bénéfices” (deed in French)
Other provision: “Consultative uniquement, conditions admission assemblée générale” (deed in French)
Other provision: “Composition bureau procès-verbaux assemblée générale, spécial” (deed in French)
Other provision: “Obligation réponse administrateur unique et commissaire, droit prendre parole en relation accomplissement mission” (deed in French)
Other provision: “N annule pas autres décisions sauf décision contraire assemblée, décision assemblée annuelle mentionnée article 16 sur approbation comptes…” (deed in French)
Other provision: “Délibération quorum présence, délibère valablement quel que soit nombre actions représentées sauf quorum requis par loi” (deed in French)
Other provision: “Main levée ou appel nominal sauf décision contraire majorité simple voix émises, chaque action une voix” (deed in French)
6 more provisions in the deed, see the deed of 04-01-2024

deed of 04-01-2024