SMITS
ActiveSummary
SMITS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,497 and a net result of €14,517. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 95% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- SMITS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Enkel het Gewest opnemen waarin de zetel is gevestigd, Vlaamse gewest” (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.
- “Met of zonder beperking, natuurlijke personen of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden, regeling van overdracht van aandelen wijzigen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “2. om de regeling van overdracht van aandelen te wijzigen 3. om het lopende boekjaar dat loopt tot 30 september 2023 te verlengen tot 31…” (deed in Dutch)