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TOP SELECTION

Active
Private limited companyfounded 1981active for 45 yearsGrote Heerweg 279, 8791 Waregem, BelgiumKBO/BCE: BE 0421.334.544
Summary

TOP SELECTION has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of -€227,914. Equity is growing by about 2.6% per year across the filed financial years. Its solvency ranks better than 51% of 9,760 sector peers (NACE 46, 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
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 02-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde of onbepaalde termijn, op verzoek van de vennootschap in functie totdat redelijkerwijze in vervanging kan worden voorzien” (deed in Dutch)
“Algemene vergadering kan bij gewone meerderheid mandaat van al dan niet-statutaire bestuurder steeds beëindigen wegens wettige reden,zonder…” (deed in Dutch)
“Behoudens andersluidende overeenkomst kan algemene vergadering mandaat van niet-statutaire bestuurder te allen tijde en zonder opgave van…” (deed in Dutch)
“Ontslag door algemene vergadering van statutaire bestuurder vereist statutenwijziging” (deed in Dutch)
“Gewone meerderheid van stemmen van aanwezige of vertegenwoordigde bestuurders, indien twee of meer bestuurders vormen zij collegiaal…” (deed in Dutch)

deed of 02-10-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht van aandelen onder de levenden en ingevolge overlijden, statuten” (deed in Dutch)

deed of 02-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Saturday of May at 11:00

deed of 02-10-2023

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

Other provision: “Bestemming winst, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Liquidation distribution: “Eerst schuldeisers en kosten vereffening, vereffenaar(s) verdelen saldo onder aandeelhouders” (deed in Dutch)
4 more provisions in the deed, see the deed of 02-10-2023

deed of 02-10-2023