Summary
ULTEA 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 €23,687 and a net result of €159,409. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 9% of 3,036 sector peers (NACE 66, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- ULTEA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert en tout endroit Région de Bruxelles-Capitale ou région de langue française par simple décision…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 14 : Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in Dutch)“Frais représentation voyages déplacements, frais généraux” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (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.
- “Apport en numéraire avec émission nouvelles actions, courrier électronique,ou courrier ordinaire pour personnes sans adresse…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, en tout temps par décision de l'assemblée générale” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pour quelque cause et à quelque moment que ce soit, faculté de l'assemblée de désigner liquidateurs et déterminer pouvoirs et émoluments” (deed in Dutch)