SPACE APPLICATIONS SERVICES
ActiveSummary
SPACE APPLICATIONS SERVICES has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.5m and a net result of €980,665. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 40% of 208 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling raad van bestuur, zes jaar” (deed in Dutch)“Raad kiest voorzitter uit zijn midden, voorzitterschap raad van bestuur” (deed in Dutch)“Besluitvorming raad van bestuur, tenminste helft leden aanwezig of vertegenwoordigd” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- 5 provisions in the deed