sistem
ActiveSummary
sistem has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €704,355 and a net result of €192,515. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 34% of 9,849 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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.
- Sistem
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan” (deed in Dutch)“Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad, 6 jaar” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onder levenden of bij overlijden, beperkingen in afzonderlijke aandeelhoudersovereenkomst” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 09:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en sluiting vereffening in één akte mogelijk onder voorwaarden WVV, vereffening door bestuursorgaan in functie als college van…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle verrichtingen vermeld in wet, tenzij algemene vergadering anders besluit bij gewone meerderheid” (deed in Dutch)1 more provision on this in the deed