Source Publishing
ActiveSummary
The computed 12-month bankruptcy probability of Source Publishing is 3.4% (moderate). The 2025 annual accounts show equity of €3,776 and a net result of -€6,224. Its solvency ranks better than 31% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'édition d'œuvres musicales, audiovisuelles et littéraires; L'administration de droits éditoriaux de tiers; La gestion de droits voisins” (deed in French)
3 activities (deed in French)
- L'édition d'œuvres musicales, audiovisuelles et littéraires
- L'administration de droits éditoriaux de tiers
- La gestion de droits voisins
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 5 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Chaque action donne un droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)“Titulaires peuvent prendre connaissance, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Toute forme de transfert ou engagement de transférer, à titre onéreux ou gratuit, la pleine propriété ou l'usufruit, l'organe…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 13 June at 15:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Meeting agendaHow the agenda is set and who may add items to it.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- One provision in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed