SITCON
ActiveSummary
SITCON has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,537 and a net result of €2,938. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 63% of 249 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Computers, randapparatuur en software; Elektronische en telecommunicatieapparatuur en delen daarvan; Elektrisch materiaal inclusief…” (deed in Dutch)
7 activities (deed in Dutch)
- Computers, randapparatuur en software
- Elektronische en telecommunicatieapparatuur en delen daarvan
- Elektrisch materiaal inclusief installatiemateriaal
- Audio- en videoapparatuur
- Optische artikelen, fotografische artikelen en precisieinstrumenten
- Imitatiesieraden en -artikelen, gadgets, enzovoort
- Overige gespecialiseerde elektrische of elektronische apparatuur, in het bijzonder beveiligings-, bewakings- en alarmapparatuur en/of -installaties
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SITCON
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“Alle handelingen nodig of nuttig voor verwezenlijking voorwerp, bestuursbevoegdheid” (deed in Dutch)“Algemene kosten, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Register van aandelen op naam met WVV-vermeldingen, aandeelhouders mogen kennis nemen betreffende hun effecten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed