TERNIER
ActiveSummary
TERNIER has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €216,731. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 84% of 332 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very 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.
- TERNIER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, enkel algemene vergadering met vereisten statutenwijziging” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, één_of_meer_bestuurders_natuurlijke_personen_of_rechtspersonen” (deed in Dutch)“Alle handelingen nodig of dienstig voor voorwerp behoudens wet algemene vergadering, College_gewone_regels_beraadslagende_vergaderingen” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering of rechtbank bepaalt bevoegdheden en bezoldiging, ontbinding en sluiting vereffening in één akte mogelijk mits naleving…” (deed in Dutch)