Summary
SHM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €14.0m and a net result of €28,411. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 3005 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- SHM
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- Naamloze vennootschap
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- Vlaams Gewest
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden door hetzij twee bestuurders…”
- Board ruleHow the board is made up, meets and takes decisions.
- Raad van bestuur, bij openvallen plaats vóór einde mandaat heeft enkel algemene vergadering recht nieuwe bestuurder te benoemen
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 16:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- Goederen nog in natura aanwezig op zelfde wijze verdeeld, vereffenaars verdelen netto-actief,in geld of effecten,onder aandeelhouders naar…