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TEAMWORK ('S) PROJECTS

Active
Private limited companyfounded 2003active for 23 yearsOnze Lieve Vrouwstraat 15, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0479.893.642
Summary

The computed 12-month bankruptcy probability of TEAMWORK ('S) PROJECTS is 10.3% (high). The 2024 annual accounts show equity of €1,485 and a net result of €14,455. Equity is shrinking by about 14% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 25% of 25,595 sector peers (NACE 47, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

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.
TEAMWORK(’s)PROJECTS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, voor zover geen wijziging taalregime” (deed in Dutch)
“Vlaamse Gewest” (deed in Dutch)

deed of 31-12-2024

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.
“Bestuursorgaan, één of meer bestuurders” (deed in Dutch)

deed of 31-12-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)

deed of 31-12-2024

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

Other provision: “Handelingen nodig of nuttig voor verwezenlijking voorwerp, bestuursbevoegdheid” (deed in Dutch)
Other provision: “Vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)
Other provision: “Gedelegeerd bestuurder, dagelijks bestuur” (deed in Dutch)
Other provision: “19:00, organisatie en bijeenroeping algemene vergadering” (deed in Dutch)
Other provision: “Winst lopende boekjaar of voorgaande boekjaar zolang jaarrekening niet goedgekeurd, bestemming winst-reserves” (deed in Dutch)
Liquidation distribution: “Goederen in natura opzelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
2 more provisions in the deed, see the deed of 31-12-2024

deed of 31-12-2024