VERNIMODE
ActiveSummary
The computed 12-month bankruptcy probability of VERNIMODE is 2.1% (moderate). The 2025 annual accounts show negative equity (-€80,425) and a net result of -€15,066. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 22,513 sector peers (NACE 47, financial year 2025). The company has been active since 1985 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.
- VERNIMODE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, création en Belgique ou à l’étranger par organe d’administration” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “À la demande société jusqu'à remplacement raisonnable, un ou plusieurs administrateurs,actionnaire ou non,constituant un collège ou non” (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.
- “Mêmes formalités si non actionnaires plein droit, 11” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Actions nouvelles obligations convertibles droits de souscription, jour fixé par la Loi” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution par assemblée générale délibérant comme modification des statuts” (deed in French)“Article 2:80 Code des Societes et des Associations, dissolution et cloture liquidation en un seul acte” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed