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TOXAN

Active
Private limited company (pre-2019)founded 2001active for 25 yearsMortierstraat 48, 8000 Brugge, BelgiumKBO/BCE: BE 0473.974.068
Summary

TOXAN has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,607 and a net result of -€3,649. Equity is shrinking by about 12% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 31% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
TOXANActiveChecked score 91/100
Risk analysis ReportCompare

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.
TOXAN
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2” (deed in Dutch)

deed of 30-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“*Tenzij de algemene vergadering bij hun benoeming anders beslist, worden de bestuurders niet bezoldigd voor de uitoefening van hun mandaat…”
Board ruleHow the board is made up, meets and takes decisions.
“Bestuurders, 1” (deed in Dutch)
“Tenzij algemene vergadering bij benoeming anders beslist” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 30-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Van rechtswege als vereffenaars ten aanzien van derden, geen vereffenaars benoemd of aangewezen” (deed in Dutch)
1 more provision on this in the deed

deed of 30-10-2023

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

Other provision: “Alle effecten die niet door of krachtens wet zijn verboden, effecten die besloten vennootschap mag uitgeven” (deed in Dutch)
Other provision: “Register van effecten op naam, bestuursorgaan” (deed in Dutch)
Other provision: “Besturende vennootschap stelt vaste vertegenwoordiger aan overeenkomstig artikel 2:55 WV, vaste vertegenwoordiger van…” (deed in Dutch)
Other provision: “Strijdig belang van vermogensrechtelijke aard, bestuurder of lid van collegiaal bestuursorgaan met rechtstreeks of onrechtstreeks strijdig…” (deed in Dutch)
Other provision: “Ieder aandeelhouder heeft recht onbeperkt toezicht en controle op alle verrichtingen, toezicht aandeelhouders” (deed in Dutch)
Other provision: “Jaarvergadering” (deed in Dutch)
6 more provisions in the deed, see the deed of 30-10-2023

deed of 30-10-2023

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