THE SOUND SOURCE
ActiveSummary
The computed 12-month bankruptcy probability of THE SOUND SOURCE is 1.6% (moderate). The 2025 annual accounts show negative equity (-€779,391) and a net result of -€102,749. Equity is shrinking by about 9.5% per year across the filed financial years. Its solvency ranks better than 8% of 13,632 sector peers (NACE 46, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “À la musique ainsi qu'aux instruments et accessoires; À l'enregistrement,au traitement du son et de l'image ainsi qu'à l'équipement et au…” (deed in French)
3 activities (deed in French)
- À la musique ainsi qu'aux instruments et accessoires
- À l'enregistrement,au traitement du son et de l'image ainsi qu'à l'équipement et au matériel s'y rapportant
- À la production audiovisuelle,l'édition et la distribution de ses supports
- 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 SOUND SOURCE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, sièges administratifs,d'exploitation,agences et succursales en Belgique ou à l'étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Fixe ou proportionnelle, sauf décision contraire assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires ne devenant pas de plein droit actionnaires tenus de solliciter agrément selon mêmes formalités, réponse affirmative…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, organe qui procède à l'émission” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)deed of 11-12-2023
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par articles 2:87. et suivants CSA, assemblée générale,le cas échéant” (deed in French)deed of 11-12-2023
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “Siège de la société absorbante, archives et documents comptables livres et documents de la société absorbée” (deed in French)deed of 29-08-2024