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THE FLAME

Active Risk: not assessed
Private limited companyfounded 2012active for 14 yearsAchterdreef 3, 9270 Laarne, BelgiumKBO/BCE: BE 0846.917.886
Summary

THE FLAME is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.5m and a net result of €996,048. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 92% of 6,673 sector peers (NACE 64, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

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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.
THE FLAME
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)

deed of 02-03-2023

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.
“Niet-statutaire bestuurders herroepbaar ad nutum door algemene vergadering, met of zonder beperking van duur” (deed in Dutch)
“Alle handelingen nodig of dienstig voorwerp behalve wet of statuten aan algemene vergadering voorbehouden, meerderheid leden aanwezig of…” (deed in Dutch)

deed of 02-03-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed
Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
“Op naam, alle andere effecten dan aandelen” (deed in Dutch)

deed of 02-03-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of June at 10:00

deed of 02-03-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, ontbinding” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 02-03-2023

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

Other provision: “Vergoeding van de bestuurders, algemene kosten” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
Other provision: “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, als zodanig ingeschreven in register effecten op naam van categorie” (deed in Dutch)
Other provision: “Bestuurder, bij gebrek aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, in persoon,teleconferentie,videoconferentie,enig…” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Winst lopende boekjaar of voorgaande boekjaar zolang jaarrekening niet goedgekeurd, bestemming winst-reserves-interimdividenden” (deed in Dutch)
Liquidation distribution: “Goederen in natura op dezelfde wijze, nettoactief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Woonstkeuze, bij gebrek geacht op zetel” (deed in Dutch)
Other provision: “Gemeen recht, clausules strijdig met dwingende bepalingen WVV geacht niet geschreven” (deed in Dutch)
Other provision: “Stortingsplicht aandelen, door bestuursorgaan bepaalde tijdstippen” (deed in Dutch)
Other provision: “Ondeelbaarheid effecten, belang alle begunstigden” (deed in Dutch)
5 more provisions in the deed, see the deed of 02-03-2023

deed of 02-03-2023

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