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T.S.E.P.

Active
Private limited companyfounded 2017active for 9 yearsPlace Emile Vandervelde 7, 7370 Dour, BelgiumKBO/BCE: BE 0676.515.711
Summary

T.S.E.P. has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,807 and a net result of €15,346. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 38% of 9,288 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (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.
T.S.E.P.
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, pour autant que cette décision n’entraîne pas de changement en matière de régime linguistique applicable à la société” (deed in French)

deed of 20-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, assemblée” (deed in French)

deed of 20-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, commun accord ou président tribunal de l'entreprise statuant comme en…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)

deed of 20-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of March at 18:00

deed of 20-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 20-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 25-04-2024
Liquidation distribution: “Apurement dettes,charges et frais ou consignation,et rétablissement égalité si actions non libérées par appels complémentaires ou…” (deed in French)
deed of 20-12-2023