Skip to content

TERRASAFE

Active
Private limited companyfounded 2025active for 1 yearCopernicusstraat 115, 1180 Ukkel, BelgiumKBO/BCE: BE 1019.184.740
Summary

TERRASAFE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,121 and a net result of €116,120. Its solvency ranks better than 69% of 52 sector peers (NACE 84, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
TERRASAFEActiveChecked score 97/100
Risk analysis ReportCompare

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.
TERRASAFE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, organe d’administration” (deed in French)

deed of 03-03-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11. 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.
“Assemblée qui nomme, 1” (deed in French)
“Rémunération administrateurs, fixe ou proportionnelle” (deed in French)

deed of 03-03-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement actions acquises, même en cas refus agrément héritier ou légataire” (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 03-03-2025

Meetings and financial year

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

deed of 03-03-2025

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.
“Décision de l’assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur désigné, administrateurs en fonction désignés comme liquidateurs” (deed in French)

deed of 03-03-2025

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

Other provision: “Appels de fonds, à l'émission” (deed in French)
Other provision: “Gestion journalière et représentation pour cette gestion, gestion journalière” (deed in French)
Other provision: “Contrôle société, lorsque loi l'exige et limites qu'elle prévoit” (deed in French)
Other provision: “Un administrateur ou,défaut,actionnaire présent détenant le plus d’actions ou,en cas de parité,le plus âgé, séances-procès-verbaux” (deed in French)
Other provision: “Procuration écrite à toute personne,actionnaire ou non,par tout moyen de transmission,valable pour assemblées suivantes sur mêmes points…” (deed in French)
Other provision: “Organe d’administration, trois semaines” (deed in French)
Other provision: “Répartition-réserves, chaque action confère droit égal” (deed in French)
Liquidation distribution: “Après apurement de dettes,charges et frais ou consignation des montants, biens conservés remis pour partage dans même proportion” (deed in French)
Other provision: “Toutes communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège, compétence judiciaire” (deed in French)
Other provision: “Dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé réputées inscrites, droit commun” (deed in French)
3 more provisions in the deed, see the deed of 03-03-2025

deed of 03-03-2025

We would like to set cookies. That happens only with your consent. What we measure