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VTProtec

Active Risk: not assessed
Private limited companyfounded 2016active for 10 yearsPottebezemstraat 45, 8680 Koekelare, BelgiumKBO/BCE: BE 0645.777.597
Summary

VTProtec 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 €177,123 and a net result of €40,947. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 48% of 9,728 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€361,126total assets 2025
Equity
€177,123
Profit
€40,947
Turnover not published (abbreviated or micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Holdings
1
2025 accounts filed 31 days late1 of 3 deeds summarised
Signalsraises risk2025 accounts filed 31 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
31 days late
2021
34 days early
2020
23 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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. The company usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €40,947 ▲15.1%
  3. Equity above €150,000equity €177,123 ▲30.1%

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487905.

Equity
€177,123▲ 30.1%
2024 · €136,176
Net result
€40,947▲ 15.1%
2024 · €35,573
Total assets
€361,126▲ 15.4%
2024 · €312,957
Solvency
49.0%▲ 5.5pp
2024 · 43.5%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.

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

Operating result€60,392 2025 Net result€40,947 2025

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

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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
Line20182019202020212022202320242025
Operating result€28,716-€36,751▲ 28.0%€27,841▼ 24.2%€21,604▼ 22.4%€28,452▲ 31.7%€30,273▲ 6.4%€55,208▲ 82.4%€60,392▲ 9.4%
Net result€21,308-€26,251▲ 23.2%€20,616within the sector's middle half▼ 21.5%€16,609within the sector's middle half▼ 19.4%€30,034within the sector's middle half▲ 80.8%€20,884within the sector's middle half▼ 30.5%€35,573within the sector's middle half▲ 70.3%€40,947within the sector's middle half▲ 15.1%
Equity€92,620-€118,871▲ 28.3%€139,486within the sector's middle half▲ 17.3%€130,096within the sector's middle half▼ 6.7%€129,130within the sector's middle half▼ 0.7%€126,853below the sector's middle half▼ 1.8%€136,176within the sector's middle half▲ 7.3%€177,123within the sector's middle half▲ 30.1%
Total assets€125,346-€143,716▲ 14.7%€208,850within the sector's middle half▲ 45.3%€299,371within the sector's middle half▲ 43.3%€296,287within the sector's middle half▼ 1.0%€303,296below the sector's middle half▲ 2.4%€312,957within the sector's middle half▲ 3.2%€361,126within the sector's middle half▲ 15.4%
Debt€32,726-€24,845▼ 24.1%€69,364▲ 179%€169,276▲ 144%€167,157▼ 1.3%€176,443▲ 5.6%€176,781▲ 0.2%€184,003▲ 4.1%
Working capital€79,022-€105,891▲ 34.0%€104,014within the sector's middle half▼ 1.8%€56,108within the sector's middle half▼ 46.1%€41,408within the sector's middle half▼ 26.2%€37,636within the sector's middle half▼ 9.1%€55,880within the sector's middle half▲ 48.5%€71,031within the sector's middle half▲ 27.1%
Solvency73.9%-82.7%▲ 8.8pp66.8%within the sector's middle half▼ 15.9pp43.5%within the sector's middle half▼ 23.3pp43.6%within the sector's middle half▲ 0.1pp41.8%within the sector's middle half▼ 1.8pp43.5%within the sector's middle half▲ 1.7pp49.0%within the sector's middle half▲ 5.5pp
Current ratio3.56-5.65▲ 2.092.90within the sector's middle half▼ 2.741.79within the sector's middle half▼ 1.111.54within the sector's middle half▼ 0.251.41within the sector's middle half▼ 0.141.58within the sector's middle half▲ 0.171.65within the sector's middle half▲ 0.07
Return on assets (ROA)17.0%-18.3%▲ 1.3pp9.9%within the sector's middle half▼ 8.4pp5.5%within the sector's middle half▼ 4.3pp10.1%within the sector's middle half▲ 4.6pp6.9%within the sector's middle half▼ 3.3pp11.4%within the sector's middle half▲ 4.5pp11.3%within the sector's middle half=
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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 abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €361,126
Fixed assets €181,606 ▲ 12.8%
Current assets €179,520 ▲ 18.2%
Equity and liabilities €361,126
Equity €177,123 ▲ 30.1%
Debt €184,003 ▲ 4.1%
Debt's share of the balance-sheet total falls from 56.5% to 51.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
23.1%▼
2024 · 26.1%
Debt ≤ 1 year
€108,489▲
2024 · €96,032
Debt > 1 year
€69,650▼
2024 · €76,899
Income taxes
€17,080▲
2024 · €14,420
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€312,957€361,126▲
Fixed assets21/28€161,045€181,606▲
Tangible fixed assets22/27€140,045€160,606▲
Land and buildings22€124,944€120,717▼
Plant, machinery and equipment23€11,757€9,898▼
Furniture and vehicles24€3,344€29,990▲
Financial fixed assets28€21,000€21,000=
Current assets29/58€151,912€179,520▲
Amounts receivable after more than one year29€2,198€2,198=
Other amounts receivable291€2,198€2,198=
Amounts receivable within one year40/41€61,129€88,435▲
Trade receivables40€24,360€51,722▲
Other amounts receivable41€36,769€36,713▼
Current investments50/53€17,584€35,034▲
Cash at bank and in hand54/58€55,482€46,049▼
Deferred charges and accrued income490/1€15,520€7,804▼
Equity and liabilities
Total equity and liabilities10/49€312,957€361,126▲
Equity10/15€136,176€177,123▲
Contributions10/11€12,400€12,400=
Reserves13€122,950€164,723▲
Distributable reserves133€122,950€164,723▲
Profit (loss) carried forward14€826€0▼
Amounts payable17/49€176,781€184,003▲
Amounts payable after more than one year17€76,899€69,650▼
Financial debts170/4€76,899€69,650▼
Amounts payable within one year42/48€96,032€108,489▲
Current portion of amounts payable after more than one year42€7,145€7,250▲
Trade debts44€174€2,782▲
Suppliers440/4€174€2,782▲
Taxes, remuneration and social security45€12,508€32,160▲
Taxes450/3€12,508€32,160▲
Other amounts payable47/48€76,204€66,296▼
Accrued charges and deferred income492/3€3,850€5,864▲
Income statement Code20242025
Non-recurring operating income76A-€6,198
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,218€15,258▲
Other operating charges640/8€628€707▲
Gross operating margin9900€68,054€76,357▲
Operating profit (loss)9901€55,208€60,392▲
Financial income75/76B€89€1,022▲
Recurring financial income75€89€1,022▲
Financial charges65/66B€5,304€3,387▼
Recurring financial charges65€5,304€3,387▼
Profit (loss) for the period before taxes9903€49,993€58,028▲
Income taxes67/77€14,420€17,080▲
Profit (loss) for the period9904€35,573€40,947▲
Profit (loss) for the period to be appropriated9905€35,573€40,947▲
Appropriation of the result
Profit (loss) to be appropriated9906€35,826€41,773▲
Profit (loss) brought forward from the previous period14P€253€826▲
Transfer from equity791/2€26,250€0▼
Transfer to equity691/2€35,000€41,773▲
To other reserves6921€35,000€41,773▲
Profit to be distributed694/7€26,250€0▼
Return on contributions (dividend)694€26,250€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€6,198-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,168€8,603€7,539€17,134€10,843€12,455€12,218€15,258▲ 24.9%
Other operating charges640/8---€666€1,963€1,086€628€707▲ 12.5%
Gross operating margin9900€39,183€46,050€36,149€39,404€41,258€43,814€68,054€76,357▲ 12.2%
Operating profit (loss)9901€28,716€36,751€27,841€21,604€28,452€30,273€55,208€60,392▲ 9.4%
Financial income75/76B---€79€12,759€361€89€1,022▲ 11×
Recurring financial income75-€8€704€79€12,759€361€89€1,022▲ 11×
Financial charges65/66B---€2,970€2,714€1,870€5,304€3,387▼ 36.1%
Recurring financial charges65€570€269€891€2,970€2,714€1,870€5,304€3,387▼ 36.1%
Profit (loss) for the period before taxes9903€28,146€36,489€27,654€18,714€38,497€28,764€49,993€58,028▲ 16.1%
Income taxes67/77€6,838€10,238€7,038€2,105€8,463€7,881€14,420€17,080▲ 18.5%
Profit (loss) for the period9904€21,308€26,251€20,616€16,609€30,034€20,884€35,573€40,947▲ 15.1%
Profit (loss) for the period to be appropriated9905€21,308€26,251€20,616€16,609€30,034€20,884€35,573€40,947▲ 15.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€125,346€143,716€208,850€299,371€296,287€303,296€312,957€361,126▲ 15.4%
Fixed assets21/28€15,449€15,051€50,234€172,253€178,805€173,263€161,045€181,606▲ 12.8%
Tangible fixed assets22/27€15,449€15,051€29,234€151,253€157,805€152,263€140,045€160,606▲ 14.7%
Land and buildings22---€136,145€133,396€129,170€124,944€120,717▼ 3.4%
Plant, machinery and equipment23---€9,664€15,420€17,189€11,757€9,898▼ 15.8%
Furniture and vehicles24---€5,444€8,989€5,904€3,344€29,990▲ 797%
Financial fixed assets28--€21,000€21,000€21,000€21,000€21,000€21,000=
Current assets29/58€109,897€128,665€158,616€127,118€117,482€130,033€151,912€179,520▲ 18.2%
Amounts receivable after more than one year29---€7,045€3,474€2,198€2,198€2,198=
Trade receivables290---€7,045€3,474----
Other amounts receivable291-----€2,198€2,198€2,198=
Amounts receivable within one year40/41€27,531€61,232€55,545€47,846€45,005€64,561€61,129€88,435▲ 44.7%
Trade receivables40---€23,580€17,653€33,847€24,360€51,722▲ 112%
Other amounts receivable41---€24,267€27,352€30,714€36,769€36,713▼ 0.2%
Current investments50/53€2,913€16,413€37,413€24,953€15,011€16,384€17,584€35,034▲ 99.2%
Cash at bank and in hand54/58€59,347€31,745€50,469€47,257€43,583€42,512€55,482€46,049▼ 17.0%
Deferred charges and accrued income490/1---€17€10,409€4,379€15,520€7,804▼ 49.7%
Equity and liabilities
Total equity and liabilities10/49€125,346€143,716€208,850€299,371€296,287€303,296€312,957€361,126▲ 15.4%
Equity10/15€92,620€118,871€139,486€130,096€129,130€126,853€136,176€177,123▲ 30.1%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400€12,400=
Reserves13€80,160€106,410€126,910€117,510€116,510€114,200€122,950€164,723▲ 34.0%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€115,650€114,650€114,200€122,950€164,723▲ 34.0%
Profit (loss) carried forward14€60€61€176€186€220€253€826€0▼ 100%
Amounts payable17/49€32,726€24,845€69,364€169,276€167,157€176,443€176,781€184,003▲ 4.1%
Amounts payable after more than one year17--€12,825€98,025€91,084€84,045€76,899€69,650▼ 9.4%
Financial debts170/4---€98,025€91,084€84,045€76,899€69,650▼ 9.4%
Amounts payable within one year42/48€30,875€22,773€54,602€71,011€76,073€92,398€96,032€108,489▲ 13.0%
Current portion of amounts payable after more than one year42---€6,841€6,941€7,039€7,145€7,250▲ 1.5%
Trade debts44€6,756€2,562€7,870€2,213€6,599€5,539€174€2,782▲ 16×
Suppliers440/4---€2,213€6,599€5,539€174€2,782▲ 16×
Taxes, remuneration and social security45---€11,088€8,284€11,925€12,508€32,160▲ 157%
Taxes450/3---€11,088€8,284€11,925€12,508€32,160▲ 157%
Other amounts payable47/48---€50,869€54,249€67,895€76,204€66,296▼ 13.0%
Accrued charges and deferred income492/3---€240--€3,850€5,864▲ 52.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€21,308€26,251€20,616€16,609€30,034€20,884€35,573€40,947▲ 15.1%
+ Depreciation and write-downs630€10,168€8,603€7,539€17,134€10,843€12,455€12,218€15,258▲ 24.9%
Operating cash flow (approximation)€31,476€34,854€28,155€33,743€40,877€33,338€47,791€56,205▲ 17.6%
Investment in fixed assets (approximation)--€8,205-€42,722-€139,153-€17,395-€6,912€0-€35,819-
Change in cash--€27,602€18,724-€3,212-€3,674-€1,071€12,969-€9,432-

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 (10)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00487905
31-12-2024 micro format 28-08-2025 2025-00443099
31-12-2023 abbreviated format 30-08-2024 2024-00435548
31-12-2022 micro format 31-08-2023 2023-00411171
31-12-2021 micro format 27-06-2022 2022-20102529
31-12-2020 micro format 23-08-2021 2021-51500249
31-12-2019 micro format 02-07-2020 2020-25500596
31-12-2018 micro format 12-08-2019 2019-45500164
31-12-2017 micro format 02-07-2018 2018-26500158
31-12-2016 micro format 31-08-2017 2017-54600510

Similar companies · same sector, comparable size

Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. 13,680 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, last change in 2023
VERKIN Tonny
Director (not named in the articles) · since 19-04-2023
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 →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VERKIN Tonny
  • Director (not named in the articles), from 19-04-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of VTProtec and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

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

VTProtec was incorporated on 9 January 2016.1 Total assets rose from €125,346 in 2018 to €361,126 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
31-12
Financial Highest result from 2018 to 2025net €40,947 ▲15.1%
Operating result €60,392, net result €40,947, both a record.
31-12
Financial Equity above €150,000equity €177,123 ▲30.1%
A profit in every financial year since 2018 builds equity to €177,123.
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
30-08
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 30 days late
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
19-04
Gazette deed Appointment: VERKIN Tonny (director)
Capital conversion · Reserve release · Shareholding10 facts ▸
  • General meeting, 14-04-2023
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, vormen en meerderheden van statutenwijziging” (deed in Dutch)
  • Shareholding, “enige aandeelhouder, artikel 2:8,§4 WVV” (deed in Dutch)
  • Registered office clause, “Potebezemstraat 45,8680 Koekelare” (deed in Dutch)
  • Amendment of the articles
  • Director appointment, VERKIN Tonny (director (not named in the articles))
  • Power of attorney
  • Power of attorney, Pieter STEYAERT
2022
27-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
23-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 23 days late
2020
02-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Equity above €100,000equity €118,871 ▲28.3%
A profit in every financial year since 2018 builds equity to €118,871.
12-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 12 days late
2018
02-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded09-01-2016
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0645777597
Also 9925:BE0645777597
Registered 26-12-2025

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

Register as of 27 October 2026 · Peppol Directory

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

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

Sites & property

Location & real-estate footprint
Registered office, Koekelare · 1 establishment unit since 2016
registered office establishment The establishment unit on the map
Ground area
933 m²
Building footprint
165 m²
Building volume
778 m³
Parcel 32010A1477/00G006, Flanders · tallest building 6.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VTProtec
Pottebezemstraat 45, 8680 KoekelareActivities of head offices
since 2016unit no. 2.250.519.962
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
32010A1477/00G006 Flanders 933 m² 1 · 165 m² 6.1 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.
“Het uitvoeren van specifieke en algemene managementopdrachten,zoals de (re)organisatie van de diensten,het leiden en besturen van de…” (deed in Dutch)
13 activities (deed in Dutch)
  1. Het uitvoeren van specifieke en algemene managementopdrachten,zoals de (re)organisatie van de diensten,het leiden en besturen van de diensten (onder andere: diensten inzake productie,administratieve diensten,personeelsdiensten,boekhoudings- en financiële diensten).
  2. De consulting inzake onder andere productie,administratie,personeel - en audit-diensten;
  3. Het bijwonen en organiseren van vergaderingen van diverse bestuurs- en directieniveaus;
  4. Het deelnemen in of het voeren van de directie over vennootschappen en ondernemingen;
  5. Het voeren van het management,het beleid en het bestuur van vennootschappen en ondernemingen;
  6. Het verrichten van administratieve werkzaamheden,het ontwikkelen en implementeren van administratieve automatiseringsprojecten en het verstrekken van advies inzake de administratieve organisatie van kantoren en bedrijven en inzake productie en informatica;
  7. Het uitbaten van een studie-,organisatie- en raadgevend bureau inzake productie,administratieve,financiële,commerciële,publicitaire,fiscale,juridische,sociale,informatica- en managementaangelegenheden;
  8. Het nemen,verwerven,verhandelen,houden,deponeren en uitbaten van octrooien,patenten,brevetten,licenties,merken,merkrechten en distributierechten en meer in het algemeen van alle intellectuele eigendomsrechten en van alle daarmee samenhangende rechten;
  9. Het optreden als bestuurder en/of vereffenaar van vennootschappen;
  10. Het beheer van ondernemingen,groeperingen en verenigingen;
  11. Het uitoefenen van de functie van bestuurder,zaakvoerder,vereffenaar,gevolmachtigde en/of vertegenwoordiger in en/of van vennootschappen en verenigingen;
  12. Het zich ten gunste van derden borg stellen,hen aval verlenen,hypothecaire of andere zekerheden verstrekken;
  13. Het verwerven,beheren,onderhouden,huren en verhuren van een roerend en/of onroerend patrimonium.

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.
VTProtec
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan bij eenvoudige beslissing” (deed in Dutch)

deed of 19-04-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
“Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. De bestuurder kan gevolmachtigden…”
Full text

Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. De bestuurder kan gevolmachtigden van de vennootschap aanwijzen. Alleen bijzondere en beperkte volmachten voor bepaalde of voor een reeks bepaalde rechtshandelingen zijn geoorloofd. De gevolmachtigden verbinden de vennootschap, binnen de perken van de hun verleende volmacht, onverminderd de verantwoordelijkheid van de bestuurder in geval van overdreven volmacht. Ten aanzien van derden zal de gevolmachtigde het bewijs van zijn aanstelling kunnen leveren door een exemplaar voor te leggen van de Bijlagen tot het Belgisch Staatsblad waarin zijn aanstelling werd bekendgemaakt.

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur;bij gebrek aan bepaling onbepaalde duur, bestuursorgaan” (deed in Dutch)
1 more provision on this in the deed

deed of 19-04-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of June at 10:00

deed of 19-04-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)

deed of 19-04-2023

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

Other provision: “Bestuursorgaan tijdens zitting, verdaging” (deed in Dutch)
Other provision: “Bestemming winst reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Voorhanden goederen zelfde wijze verdeeld, aanzuivering schulden lasten kosten of consignatie nodige sommen” (deed in Dutch)
7 more provisions in the deed, see the deed of 19-04-2023

deed of 19-04-2023