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VB Technics

Active
Private limited companyfounded 2023active for 3 yearsWakkensteenweg(S.B.V.) 156, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0799.202.202
Summary

VB Technics has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,157 and a net result of €33,532, of which €43,719 non-recurring income. Its solvency ranks better than 24% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Plumbing work
NACE 43221Floor and wall tiling NACE 43331
1 site
Size
≈ €700,000turnover 2025, estimated
Staff
1.1 FTE
Equity
€135,157
Profit
€33,532
Turnover estimated from the gross margin
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
2025 accounts 22 days early
Why 68raises riskFounded in 20231 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 09-07-2026)Size: total assets €594,306Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 48-9
equity 22.7% of total assets
Liquidity 58-19
short-term debt 20.4% · cash 11.4%
Profitability 76-24
return on assets 5.6%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 11-2024: 3.0% 12-2024: 2.9%▼ -0.1 percentage points vs 11-2024 01-2025: 3.0%▲ +0.1 percentage points vs 12-2024 02-2025: 3.3%▲ +0.3 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025highest value 05-2025: 3.3%● unchanged vs 04-2025highest value 06-2025: 3.3%● unchanged vs 05-2025highest value 07-2025: 0.6%▼ -2.7 percentage points vs 06-2025lowest value 08-2025: 1.2%▲ +0.6 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.1%▼ -0.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.3 percentage points vs 03-2026 05-2026: 1.7%▲ +0.3 percentage points vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▼ -0.7 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 0.9%▼ -0.2 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.79, compared with 1.21 in 2024, below 1; short-term debt: 20.4% and cash: 11.4% of total assets), and 77.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 24% on solvency, 55% on liquidity, 50% on profitability and 76% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed 09-07-2026)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €594,306
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34855 sector peers (2025).
NBB · sector comparison
Position among 34855 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
22 days early
2024
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 32 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move
  3. MiscellaneousGazette deed

Financials · financial year 2025, micro format

Turnover
≈ €700,000
Estimated: probably between €560,000 and €830,000
Total assets
€594,306▲ 88.0%
2024 · €316,048
Net result
€33,532▼ 66.6%
2024 · €100,484
Working capital
-€25,686
2024 · €21,736
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 59% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€55,403 2025 Net result€33,532 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€134,034-€55,403▼ 58.7%
Net result€100,484above the sector's middle half-€33,532above the sector's middle half▼ 66.6%
Equity€101,625within the sector's middle half-€135,157within the sector's middle half▲ 33.0%
Total assets€316,048above the sector's middle half-€594,306above the sector's middle half▲ 88.0%
Debt€214,423-€459,149▲ 114%
Working capital€21,736within the sector's middle half--€25,686below the sector's middle half
Solvency32.2%within the sector's middle half-22.7%below the sector's middle half▼ 9.4pp
Current ratio1.21within the sector's middle half-0.79below the sector's middle half▼ 0.42
Return on assets (ROA)31.8%above the sector's middle half-5.6%within the sector's middle half▼ 26.2pp
Staff (FTE)1-1.1▲ 10.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €594,306
Fixed assets €499,021 ▲ 162%
Current assets €95,285 ▼ 24.1%
Equity and liabilities €594,306
Equity €135,157 ▲ 33.0%
Debt €459,149 ▲ 114%
Debt's share of the balance-sheet total rises from 67.8% to 77.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€131,562▼
2024 · €149,362
Cash flow
€109,691▼
2024 · €115,812
Debt to equity
3.40▲
2024 · 2.11
ROE
24.8%▼
2024 · 98.9%
Interest coverage
6.64▼
2024 · 21.28
Debt ≤ 1 year
€120,970▲
2024 · €103,736
Debt > 1 year
€338,179▲
2024 · €110,432
Income taxes
€9,337▼
2024 · €27,142
Staff costs
€85,313▼
2024 · €137,883
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€316,048€594,306▲
Fixed assets21/28€190,575€499,021▲
Tangible fixed assets22/27€187,695€499,021▲
Land and buildings22€101,541€426,289▲
Plant, machinery and equipment23€988€1,294▲
Furniture and vehicles24€2,625€5,621▲
Leasing and similar rights25€82,541€65,817▼
Financial fixed assets28€2,880€0▼
Current assets29/58€125,473€95,285▼
Amounts receivable within one year40/41€17,952€27,092▲
Trade receivables40€10,778€25,566▲
Other amounts receivable41€7,174€1,526▼
Cash at bank and in hand54/58€103,594€67,468▼
Deferred charges and accrued income490/1€3,927€725▼
Equity and liabilities
Total equity and liabilities10/49€316,048€594,306▲
Equity10/15€101,625€135,157▲
Contributions10/11€2,000€2,000=
Reserves13€99,625€133,157▲
Distributable reserves133€99,625€133,157▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€214,423€459,149▲
Amounts payable after more than one year17€110,432€338,179▲
Financial debts170/4€110,432€338,179▲
Amounts payable within one year42/48€103,736€120,970▲
Current portion of amounts payable after more than one year42€21,218€32,392▲
Trade debts44€45,458€41,265▼
Suppliers440/4€45,458€41,265▼
Taxes, remuneration and social security45€34,481€47,313▲
Taxes450/3€29,867€40,796▲
Remuneration and social security454/9€4,613€6,517▲
Other amounts payable47/48€2,579€0▼
Accrued charges and deferred income492/3€255€0▼
Income statement Code20242025
Non-recurring operating income76A-€37,459
Remuneration, social security and pensions62€137,883€85,313▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,328€76,159▲
Other operating charges640/8€4,778€9,090▲
Gross operating margin9900€292,023€225,964▼
Operating profit (loss)9901€134,034€55,403▼
Financial income75/76B€611€7,289▲
Recurring financial income75€611€1,028▲
Non-recurring financial income76B-€6,260
Financial charges65/66B€7,019€19,822▲
Recurring financial charges65€7,019€19,822▲
Profit (loss) for the period before taxes9903€127,626€42,869▼
Income taxes67/77€27,142€9,337▼
Profit (loss) for the period9904€100,484€33,532▼
Profit (loss) for the period to be appropriated9905€100,484€33,532▼
Appropriation of the result
Profit (loss) to be appropriated9906€100,484€33,532▼
Transfer to equity691/2€99,625€33,532▼
To other reserves6921€99,625€33,532▼
Profit to be distributed694/7€859€0▼
Return on contributions (dividend)694€859€0▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€37,459-
Remuneration, social security and pensions62€137,883€85,313▼ 38.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,328€76,159▲ 397%
Other operating charges640/8€4,778€9,090▲ 90.2%
Gross operating margin9900€292,023€225,964▼ 22.6%
Operating profit (loss)9901€134,034€55,403▼ 58.7%
Financial income75/76B€611€7,289▲ 12×
Recurring financial income75€611€1,028▲ 68.3%
Non-recurring financial income76B-€6,260-
Financial charges65/66B€7,019€19,822▲ 182%
Recurring financial charges65€7,019€19,822▲ 182%
Profit (loss) for the period before taxes9903€127,626€42,869▼ 66.4%
Income taxes67/77€27,142€9,337▼ 65.6%
Profit (loss) for the period9904€100,484€33,532▼ 66.6%
Profit (loss) for the period to be appropriated9905€100,484€33,532▼ 66.6%
Line20242025Change
Assets
Total assets20/58€316,048€594,306▲ 88.0%
Fixed assets21/28€190,575€499,021▲ 162%
Tangible fixed assets22/27€187,695€499,021▲ 166%
Land and buildings22€101,541€426,289▲ 320%
Plant, machinery and equipment23€988€1,294▲ 31.0%
Furniture and vehicles24€2,625€5,621▲ 114%
Leasing and similar rights25€82,541€65,817▼ 20.3%
Financial fixed assets28€2,880€0▼ 100%
Current assets29/58€125,473€95,285▼ 24.1%
Amounts receivable within one year40/41€17,952€27,092▲ 50.9%
Trade receivables40€10,778€25,566▲ 137%
Other amounts receivable41€7,174€1,526▼ 78.7%
Cash at bank and in hand54/58€103,594€67,468▼ 34.9%
Deferred charges and accrued income490/1€3,927€725▼ 81.5%
Equity and liabilities
Total equity and liabilities10/49€316,048€594,306▲ 88.0%
Equity10/15€101,625€135,157▲ 33.0%
Contributions10/11€2,000€2,000=
Reserves13€99,625€133,157▲ 33.7%
Distributable reserves133€99,625€133,157▲ 33.7%
Profit (loss) carried forward14€0€0-
Amounts payable17/49€214,423€459,149▲ 114%
Amounts payable after more than one year17€110,432€338,179▲ 206%
Financial debts170/4€110,432€338,179▲ 206%
Amounts payable within one year42/48€103,736€120,970▲ 16.6%
Current portion of amounts payable after more than one year42€21,218€32,392▲ 52.7%
Trade debts44€45,458€41,265▼ 9.2%
Suppliers440/4€45,458€41,265▼ 9.2%
Taxes, remuneration and social security45€34,481€47,313▲ 37.2%
Taxes450/3€29,867€40,796▲ 36.6%
Remuneration and social security454/9€4,613€6,517▲ 41.3%
Other amounts payable47/48€2,579€0▼ 100%
Accrued charges and deferred income492/3€255€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€100,484€33,532▼ 66.6%
+ Depreciation and write-downs630€15,328€76,159▲ 397%
Operating cash flow (approximation)€115,812€109,691▼ 5.3%
Investment in fixed assets (approximation)--€384,605-
Change in cash--€36,126-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00273083
31-12-2024 micro format 19-06-2025 2025-00152832

Similar companies · same sector, comparable size

Of the 7,013 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,571. 3,090 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
VANBRABANT Olivier Willy
Director (not named in the articles) · since 08-03-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VANBRABANT Olivier Willy
  • Director (not named in the articles), from 08-03-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-03-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-03-2023 Incorporation · €2,000 · 200 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

VB Technics was incorporated on 6 March 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Wlelsbeke in 2025.3 Since 2023, VANBRABANT Olivier Willy has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-03-2023
  3. 3Belgian Official Gazette, 15-07-2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
15-07
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 10-06-2025
  • Registered-office move, Wakkensteenweg 156, 8710 Wlelsbeke
26-06
Gazette deed Miscellaneous
19-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
08-03
Gazette deed Incorporation
Appointment: VANBRABANT Olivier Willy (director) · Founder · Founding capital6 facts ▸
  • Incorporation, 06-03-2023
  • Founder, VANBRABANT Olivier Willy
  • Founding capital, €2,000
  • Shareholding, 200
  • Bank account, “bijzondere rekening”, 28-02-2023 (deed in Dutch)
  • Director appointment, VANBRABANT Olivier Willy (director (not named in the articles))
Gazette deedNBB filing
3 of 3 deeds read

Register details

Identification
Legal formPrivate limited company
Founded06-03-2023
Financial year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43331Floor and wall tiling
43222Installation of electric heating, air conditioning, cooling and ventilation
47527Retail trade
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799202202
Also 9925:BE0799202202
Registered 02-09-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0799.202.202

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
999 m²
Building footprint
668 m²
Building volume
3,497 m³
Parcel 37014B0407/00E000, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
1 establishment unit
VB Technics
Wakkensteenweg(S.B.V.) 156, 8710 WielsbekePlumbing work
since 2023unit no. 2.343.379.448
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
37014B0407/00E000 Flanders 999 m² 1 · 668 m² 8.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Onderhoud,herstel en plaatsen van alle soorten branders; Kleinhandel in sanitaire artikelen en andere dan elektrische verwarmingstoestellen…” (deed in Dutch)
19 activities (deed in Dutch)
  1. Onderhoud,herstel en plaatsen van alle soorten branders.
  2. Kleinhandel in sanitaire artikelen en andere dan elektrische verwarmingstoestellen.
  3. Distributie van hout,parket,afgewerkte houtsoorten.
  4. Plaatsen van eiken carports.
  5. Onderneming voor het waterdicht maken en bedekken van gebouwen met asfalt en teer.
  6. Onderneming voor installatie van zinkwerk en het plaatsen van centrale verwarming.
  7. Onderneming voor installatie van sanitaire inrichtingen en loodwerk.
  8. Timmer-en schrijnwerk en metalen schrijnwerk.
  9. Onderneming voor distributie en kleinhandel van alle soorten bouwmaterialen.
  10. Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen,waaronder maar niet beperkt tot: Het bouwen en exploiteren van één of meer snellaadstations voor elektrische voertuigen en het toestaan van exploitatierechten op deze snellaadstations aan derden ongeacht de rechtsfiguur waaronder deze exploitatierechten aan derden worden toegestaan. Het ontwerpen,fabriceren,im-en exporteren,de groot-en kleinhandel,het herstellen,het onderhouden,het huren en verhuren van snellaadstations en alle onderdelen en toebehoren daarbij. De aan-en verkoop,groot-en kleinhandel,distributie & aanmaken van alle vormen van groene energie.
  11. De groot-en kleinhandel,de import en export,de aan-en verkoop,de vertegenwoordiging,kortom de handel in de meest ruime zin van alle roerende goederen,materialen en gereedschappen.
  12. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van haar roerend patrimonium.
  13. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer van het eigen onroerend patrimonium,en het valoriseren van dit patrimonium door het stellen van alle daden van beheer en bestuur,waaronder de aankoop,verkoop,verhuring,zelf in huur nemen,vruchtgebruik,recht van opstal,erfpacht,ruilen van alle onroerende goederen,de oprichting van gebouwen en onroerende goederen,de renovatie,de verbouwing,de herinrichting van alle gebouwen in de ruimste zin.
  14. Het beheer van haar roerend of onroerend vermogen. De vennootschap mag onder meer onroerende goederen of onroerende rechten verwerven,laten oprichten,laten opschikken of uitrusten en ombouwen.
  15. De vennootschap mag onder meer alle burgerlijke,industriële,commerciële,financiële,roerende of onroerende verrichtingen uitvoeren die kunnen bijdragen tot de verwezenlijking van het voorwerp en daartoe noodzakelijk,nuttig of op enige wijze bevorderend kunnen zijn.
  16. De vennootschap mag op welke wijze ook betrokken zijn en deelnemen in andere ondernemingen,vennootschappen,samenwerkingsverbanden,beroepsverenigingen of groeperingen,zowel in binnen-als buitenland,mits een en ander minstens onrechtstreeks verband houdt met het voorwerp.
  17. De vennootschap kan optreden als bestuurder,directielid,zaakvoerder,beheerder of vereffenaar van andere vennootschappen;zij mag zich borg stellen voor derden,zowel aandeelhouders als zaakvoerders of andere derden (natuurlijke personen of rechtspersonen),en aan dezelfde personen leningen,voorschotten en kredieten toestaan,het alles mits dit niet in strijd is met wettelijke beperkingen die hierop zouden gesteld worden.
  18. De algemene vergadering kan,overeenkomstig het Wetboek van Vennootschappen en Verenigingen,het voorwerp wijzigen of uitbreiden.
  19. De vennootschap mag haar voorwerp verwezenlijken,zowel in het binnen-als in het buitenland,op alle wijzen die zij het meest geschikt zal achten.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
VB Technics
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“8710 Wielsbeke,Heirweg 176” (deed in Dutch)

deed of 08-03-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)

deed of 08-03-2023

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Wettelijke voorwaarden voor uitkering, algemene vergadering” (deed in Dutch)

deed of 08-03-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
15 June at 20:00
Meeting accessWho may attend the meeting and what is needed to be admitted.
“Toelating algemene vergadering, rechten niet geschorst” (deed in Dutch)
Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Wettelijke en statutaire bepalingen aandelen zonder stemrecht, 1” (deed in Dutch)

deed of 08-03-2023

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

Other provision: “Alleen of gezamenlijk, dagelijks bestuur” (deed in Dutch)
Liquidation distribution: “Schulden,lasten,kosten of consignatie eerst, bijkomende volstorting niet-volgestorte aandelen of voorafgaandelijke terugbetalingen…” (deed in Dutch)
1 more provision in the deed, see the deed of 08-03-2023

deed of 08-03-2023