TERRIMMO
ActiveSummary
TERRIMMO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€681,676) and a net result of -€163,204. Equity is shrinking by about 18% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.5% (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.
- TERRIMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Artikel 2, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandaat niet bezoldigd, vergoeding bestuurders” (deed in Dutch)“Artikel 13, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of April at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 37, bestuursorgaan in functie als college van vereffenaars bij gebrek benoeming” (deed in Dutch)“Alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid, Artikel 38” (deed in Dutch)