Stupid Simple
ActiveSummary
Stupid Simple has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,129 and a net result of €43,156. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
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.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)“Meest uitgebreide machten om in alle omstandigheden namens vennootschap alle handelingen te verrichten die nodig of dienstig zijn tot…” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk aandeel” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geschreven stuk, elke overdracht onder levenden ten bezwarende of kosteloze titel vrijwillig of gedwongen in vruchtgebruik blote eigendom of…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, dag verdeling aandelen of afgifte legaten” (deed in Dutch)“Voorwaarden opgenomen in het WVV” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Krachtens statuten, indien geen andere vereffenaar benoemd” (deed in Dutch)