STARTER
ActiveSummary
STARTER has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€649,360) and a net result of €731, of which €846 non-recurring income. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 5% of 835 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- STARTER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, organe d'administration peut déplacer siège dans limites article 2:4 CSA dont respect dispositions légales/décrétales…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée peut être limitée par assemblée générale lors de nomination, organe d’administration collégial” (deed in French)“Peut être limitée lors nomination, collégial” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, 100” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, ouverture et délai fixés par organe procédant à émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par articles 2:87 et suivants CSA, assemblée générale le cas échéant” (deed in French)