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Termunck

Active
Private limited companyfounded 2022active for 3 yearsTermunckstraat 16, 3001 Leuven, BelgiumKBO/BCE: BE 0793.459.802
Summary

Termunck has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €26,984. Equity is growing by about 65% per year across the filed financial years. Its solvency ranks better than 44% of 1,588 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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TermunckActiveChecked score 72/100
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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.
Termunck
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Termunckstraat 16,3001 Heverlee” (deed in Dutch)

deed of 14-11-2022

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.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)
1 more provision on this in the deed

deed of 14-11-2022

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, volgnummer” (deed in Dutch)

deed of 14-11-2022

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 20:00

deed of 14-11-2022

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)

deed of 14-11-2022

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

Other provision: “Handelingen en beslissingen van gering belang of met dringend karakter en vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Stemrecht, wettelijke en statutaire bepalingen betreffende aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Agenda, volmachten vermelden dit uitdrukkelijk” (deed in Dutch)
Other provision: “Meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten, meerderheid” (deed in Dutch)
Other provision: “Bestuursorgaan, tijdens zitting” (deed in Dutch)
Other provision: “Aanwending nettowinst, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Goederen in natura zelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
4 more provisions in the deed, see the deed of 14-11-2022

deed of 14-11-2022

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