TEXCELLENCE
ActiveSummary
TEXCELLENCE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,210 and a net result of -€40,425. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 21% of 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- TEXCELLENCE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Oprichten of opheffen administratieve zetels, exploitatiezetels, filialen, agentschappen, werkhuizen, stapelplaatsen en bijkantoren bij…” (deed in Dutch)
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, natuurlijke of rechtspersonen, al dan niet aandeelhouders” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- “Elke mandataris” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden, lasten en kosten of consignatie nodige sommen en, indien niet-volgestorte aandelen, na herstelling evenwicht door…” (deed in Dutch)