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WindoW

Active
Private limited companyfounded 1990active for 35 yearsNew-Yorkstraat 2, 9000 Gent, BelgiumKBO/BCE: BE 0442.351.672
Summary

WindoW has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,306 and a net result of -€130,590. Equity is growing by about 9.9% per year across the filed financial years. Its solvency ranks better than 22% of 20,965 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€121,932turnover 2025
Equity
€179,306
Loss
-€130,590
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts 4 days early1 of 2 deeds read
Why 68raises riskLoss of €130,590 (financial year 2025)1 change of registered office in 24 monthslowers riskSize: turnover €121,932, total assets €831,303Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 19% of its sector peers (NACE 62, micro)
Financial strength · tick = 2023
Weak
Solvency 47-13
equity 21.6% of total assets
Liquidity 39-8
short-term debt 53.2% · cash 13.0%
Profitability 38-9
return on assets -15.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,870 companies, NACE 62, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.2 percentage points vs 08-2025 10-2025: 0.9%▲ +0.3 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 1.2%▲ +0.3 percentage points vs 11-2025 01-2026: 2.1%▲ +0.9 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026highest value 04-2026: 1.9%▼ -0.2 percentage points vs 03-2026 05-2026: 0.6%▼ -1.3 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.24, compared with 0.47 in 2023, below 1; short-term debt: 53.2% and cash: 13% of total assets), and 78.4% 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 62, micro): better than 23% on solvency, 16% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 16-10-2026 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
raises risk · Loss of €130,590 (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €121,932, total assets €831,303
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 20965 sector peers (2025).
NBB · sector comparison
Position among 20965 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-04-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2023
37 days early
2022
39 days early
2021
40 days early
2020
25 days early
2019
38 days early
2018
33 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 31 days before the deadline; the sector median (NACE 62) for financial year 2023 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€130,590
  3. Appointment: WAELKENS Philippe (director)Amendment of the articles ·…

Financials · financial year 2025, micro format

Turnover
€121,932
EBIT margin
-64.7%
Net result
-€130,590
2023 · €1,223
Working capital
-€333,763▼ 104%
2023 · -€163,414
Trend over the years

2020 to 2025, 5 financial years 2018 to 2025, 7 financial years

The operating result is -€78,847 in 2025, compared with €30,495 in 2023. Comparable figures for the intervening years are unavailable.

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

Operating result-€78,847 2025 Net result-€130,590 2025

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

Sector: the middle half of NACE 62, Computer programming, consultancy and related 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
Line2018201920202021202220232025
Turnover€121,932-
Operating result€12,775-€18,312▲ 43.3%€44,371▲ 142%€52,006▲ 17.2%€88,392▲ 70.0%€30,495▼ 65.5%-€78,847-
Net result€3,829-€5,008▲ 30.8%€25,722within the sector's middle half▲ 414%€27,699within the sector's middle half▲ 7.7%€57,287above the sector's middle half▲ 107%€1,223below the sector's middle half▼ 97.9%-€130,590below the sector's middle half-
EBIT margin-64.7%-
Equity€192,957-€197,965▲ 2.6%€223,687above the sector's middle half▲ 13.0%€251,386above the sector's middle half▲ 12.4%€308,673above the sector's middle half▲ 22.8%€309,896above the sector's middle half▲ 0.4%€179,306above the sector's middle half-
Total assets€855,996-€934,378▲ 9.2%€993,439above the sector's middle half▲ 6.3%€929,049above the sector's middle half▼ 6.5%€947,169above the sector's middle half▲ 2.0%€897,962above the sector's middle half▼ 5.2%€831,303above the sector's middle half-
Debt€663,039-€736,413▲ 11.1%€769,753▲ 4.5%€677,663▼ 12.0%€638,497▼ 5.8%€588,067▼ 7.9%€651,996-
Working capital-€42,913--€69,818▼ 62.7%-€183,192below the sector's middle half▼ 162%-€176,735below the sector's middle half▲ 3.5%-€131,373below the sector's middle half▲ 25.7%-€163,414below the sector's middle half▼ 24.4%-€333,763below the sector's middle half-
Solvency22.5%-21.2%▼ 1.4pp22.5%below the sector's middle half▲ 1.3pp27.1%below the sector's middle half▲ 4.5pp32.6%below the sector's middle half▲ 5.5pp34.5%within the sector's middle half▲ 1.9pp21.6%below the sector's middle half-
Current ratio0.80-0.65▼ 0.150.35below the sector's middle half▼ 0.300.31below the sector's middle half▼ 0.030.54below the sector's middle half▲ 0.230.47below the sector's middle half▼ 0.080.24below the sector's middle half-
Return on assets (ROA)0.4%-0.5%▲ 0.1pp2.6%below the sector's middle half▲ 2.1pp3.0%below the sector's middle half▲ 0.4pp6.0%within the sector's middle half▲ 3.1pp0.1%below the sector's middle half▼ 5.9pp-15.7%below the sector's middle half-
above within below the middle half of NACE 62, Computer programming, consultancy and related 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.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €831,303
Fixed assets €723,069 ▼ 4.0%
Current assets €108,233 ▼ 25.2%
Equity and liabilities €831,303
Equity €179,306 ▼ 42.1%
Debt €651,996 ▲ 10.9%
Debt's share of the balance-sheet total rises from 65.5% to 78.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€43,191▼
2023 · €92,619
Cash flow
-€8,552▼
2023 · €63,347
Debt to equity
3.64▲
2023 · 1.90
ROE
-72.8%▼
2023 · 0.4%
Interest coverage
0.83▼
2023 · 3.37
Debt ≤ 1 year
€441,996▲
2023 · €308,067
Debt > 1 year
€210,000▼
2023 · €280,000
Income taxes
€79▼
2023 · €1,782
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 307 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 88.9% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.9% went bankrupt
5.2% stopped otherwise
88.9% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% 1.0%
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 307 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 2023 · 47 lines
Balance sheet Code20232025
Assets
Total assets20/58€897,962€831,303▼
Fixed assets21/28€753,310€723,069▼
Tangible fixed assets22/27€753,310€723,069▼
Land and buildings22€541,906€533,360▼
Plant, machinery and equipment23€203,059€186,943▼
Furniture and vehicles24€8,345€2,767▼
Current assets29/58€144,652€108,233▼
Amounts receivable within one year40/41€56,774-
Trade receivables40€53,068-
Other amounts receivable41€3,706-
Cash at bank and in hand54/58€87,878€108,233▲
Equity and liabilities
Total equity and liabilities10/49€897,962€831,303▼
Equity10/15€309,896€179,306▼
Contributions10/11€152,500€152,500=
Reserves13€157,396€157,396=
Non-distributable reserves130/1€15,250€15,250=
Reserves not available under the articles1311€15,250€15,250=
Tax-exempt reserves132€9,755€9,755=
Distributable reserves133€132,390€132,390=
Profit (loss) carried forward14--€130,590
Amounts payable17/49€588,067€651,996▲
Amounts payable after more than one year17€280,000€210,000▼
Financial debts170/4€280,000€210,000▼
Amounts payable within one year42/48€308,067€441,996▲
Current portion of amounts payable after more than one year42€70,000€70,000=
Trade debts44€1,855€966▼
Suppliers440/4€1,855€966▼
Taxes, remuneration and social security45€5,656€9,690▲
Taxes450/3€5,656€9,690▲
Other amounts payable47/48€230,555€361,340▲
Income statement Code20232025
Turnover70-€121,932
Goods, raw materials, services and sundry goods60/61-€74,244
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,124€122,038▲
Other operating charges640/8€2,662€4,498▲
Gross operating margin9900€95,281€47,688▼
Operating profit (loss)9901€30,495-€78,847▼
Financial income75/76B€33€263▲
Recurring financial income75€33€263▲
Financial charges65/66B€27,523€51,927▲
Recurring financial charges65€27,523€51,927▲
Profit (loss) for the period before taxes9903€3,005-€130,511▼
Income taxes67/77€1,782€79▼
Profit (loss) for the period9904€1,223-€130,590▼
Profit (loss) for the period to be appropriated9905€1,223-€130,590▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,223-€130,590▼
Transfer to equity691/2€1,223-
To other reserves6921€1,223-

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

Line2018201920202021202220232025Change
Turnover70------€121,932-
Goods, raw materials, services and sundry goods60/61------€74,244-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,637€45,893€56,986€60,928€61,280€62,124€122,038-
Other operating charges640/8---€2,243€2,288€2,662€4,498-
Gross operating margin9900€92,410€65,865€103,664€115,177€151,961€95,281€47,688-
Operating profit (loss)9901€12,775€18,312€44,371€52,006€88,392€30,495-€78,847-
Financial income75/76B-----€33€263-
Recurring financial income75€230€6---€33€263-
Financial charges65/66B---€13,573€15,068€27,523€51,927-
Recurring financial charges65€6,837€11,047€11,935€13,573€15,068€27,523€51,927-
Profit (loss) for the period before taxes9903€6,167€7,271€32,436€38,433€73,325€3,005-€130,511-
Income taxes67/77€2,338€2,263€6,714€10,733€16,038€1,782€79-
Profit (loss) for the period9904€3,829€5,008€25,722€27,699€57,287€1,223-€130,590-
Profit (loss) for the period to be appropriated9905€3,829€5,008€25,722€27,699€57,287€1,223-€130,590-
Line2018201920202021202220232025Change
Assets
Total assets20/58€855,996€934,378€993,439€929,049€947,169€897,962€831,303-
Fixed assets21/28€685,871€806,599€896,879€848,121€790,046€753,310€723,069-
Tangible fixed assets22/27€684,234€804,963€896,879€848,121€790,046€753,310€723,069-
Land and buildings22---€603,234€571,334€541,906€533,360-
Plant, machinery and equipment23---€237,017€210,752€203,059€186,943-
Furniture and vehicles24---€7,870€7,960€8,345€2,767-
Financial fixed assets28€1,636€1,636------
Current assets29/58€170,126€127,779€96,560€80,928€157,124€144,652€108,233-
Stocks and contracts in progress3€7,500€7,500------
Amounts receivable within one year40/41€25,419€34,809€38,462€1,680€21,044€56,774--
Trade receivables40----€20,582€53,068--
Other amounts receivable41---€1,680€462€3,706--
Cash at bank and in hand54/58€137,207€85,470€58,098€79,248€136,079€87,878€108,233-
Equity and liabilities
Total equity and liabilities10/49€855,996€934,378€993,439€929,049€947,169€897,962€831,303-
Equity10/15€192,957€197,965€223,687€251,386€308,673€309,896€179,306-
Contributions10/11€152,500€152,500-€152,500€152,500€152,500€152,500-
Reserves13€40,457€45,465€71,187€98,886€156,173€157,396€157,396-
Non-distributable reserves130/1---€15,250€15,250€15,250€15,250-
Reserves not available under the articles1311---€15,250€15,250€15,250€15,250-
Tax-exempt reserves132---€9,755€9,755€9,755€9,755-
Distributable reserves133---€73,880€131,167€132,390€132,390-
Profit (loss) carried forward14-€40,735------€130,590-
Amounts payable17/49€663,039€736,413€769,753€677,663€638,497€588,067€651,996-
Amounts payable after more than one year17€450,000€538,816€490,000€420,000€350,000€280,000€210,000-
Financial debts170/4---€420,000€350,000€280,000€210,000-
Amounts payable within one year42/48€213,039€197,597€279,753€257,663€288,497€308,067€441,996-
Current portion of amounts payable after more than one year42---€70,000€70,000€70,000€70,000-
Trade debts44€11,467€11,895€53,113€6,209€2,383€1,855€966-
Suppliers440/4---€6,209€2,383€1,855€966-
Taxes, remuneration and social security45---€2,853€6,696€5,656€9,690-
Taxes450/3---€2,853€6,696€5,656€9,690-
Other amounts payable47/48---€178,601€209,417€230,555€361,340-
Line2018201920202021202220232025Change
Profit (loss) for the period9904€3,829€5,008€25,722€27,699€57,287€1,223-€130,590-
+ Depreciation and write-downs630€78,637€45,893€56,986€60,928€61,280€62,124€122,038-
Operating cash flow (approximation)€82,466€50,900€82,708€88,628€118,567€63,347-€8,552-
Investment in fixed assets (approximation)--€166,621-€147,266-€12,170-€3,205-€25,388--
Change in cash--€51,737-€27,372€21,150€56,832-€48,201--

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

Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 26-04-2026 2026-00089215
31-12-2023 micro format 24-06-2024 2024-00163883
31-12-2022 micro format 22-06-2023 2023-00148703
31-12-2021 micro format 21-06-2022 2022-20082661
31-12-2020 micro format 06-07-2021 2021-31500013
31-12-2019 micro format 23-06-2020 2020-19500360
31-12-2018 micro format 28-06-2019 2019-24600295
31-12-2017 micro format 20-06-2018 2018-20300489
31-12-2016 micro format 27-07-2017 2017-35900161
31-12-2015 abbreviated format 07-07-2016 2016-28200575

Show all 34 filings

Similar companies · same sector, comparable size

Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,928. 6,835 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
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

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

History

On 30 October 1990, WindoW was incorporated.1 In 2025 the registered office moved to Gent.2 Total assets went from €855,996 in 2018 to €831,303 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-01-2025
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

2026
26-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Weakest financial yearnet -€130,590
Net result drops to -€130,590, the lowest in the series.
10-01
Gazette deed Appointment: WAELKENS Philippe (director)
Amendment of the articles · Capital conversion · Reserve release11 facts ▸
  • General meeting, 24-12-2024
  • Amendment of the articles (3 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Purpose change
  • Registered-office move, 9000 Gent, New-Yorkstraat 2 K
  • Capital
  • Director appointment, WAELKENS Philippe (director (not named in the articles))
  • Power of attorney (2 times)
  • Power of attorney, Patrik DE JONGHE
2024
24-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
22-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Highest result from 2018 to 2025net €57,287 ▲107%
Operating result €88,392, net result €57,287, both a record.
21-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
06-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Equity above €200,000equity €223,687 ▲13%
A profit in every financial year since 2018 builds equity to €223,687.
23-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
20-06
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
27-07
NBB filing Annual accounts filed
financial year 2016 · micro format
2016
07-07
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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
Founded30-10-1990
Financial year end30-09
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442351672
Registered 17-12-2025

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

Register as of 17 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Legal Entity Identifier

9676009D10VGMC47JB26
no longer live in the LEI register

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

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1991
registered office establishment The establishment unit on the map
Ground area
345 m²
Building footprint
251 m²
Building volume
5,801 m³
2 parcels, Flanders · tallest building 29.9 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Hubert Frère-Orbanlaan 44, 9000 Gent
Retail sale of information and communication equipment
since 1991unit no. 2.052.661.540
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
44804D2398/00E000 Flanders 267 m² 1 · 251 m² 29.9 m · 9
44021A3411/00T003 Flanders 78 m² - -
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verlenen van dienstprestaties van economische en/of juridische aard zowel in eigen beheer als in deelname met derden, daartoe behoren…” (deed in Dutch)
13 activities (deed in Dutch)
  1. Het verlenen van dienstprestaties van economische en/of juridische aard zowel in eigen beheer als in deelname met derden, daartoe behoren, techno-consult, assistentie op gebied van management, engineering, consulting en franchising, technisch, commercieel en administratief beheer en advies, alsook het ter beschikking stellen en het huren en verhuren van personeel.
  2. Het patrimonium van vennootschap te beheren in de ruimste zin van het woord en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen, zowel in roerende als in onroerende goederen, met uitsluiting van de handelingen van een vastgoedhandelaar.
  3. Overgaan tot aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen, obligaties, deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen, eender welke, alsmede van andere roerende en/of onroerende waarden, tegoeden en/of vorderingen
  4. Overgaan tot aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren, in huur nemen of leasen van onroerende goederen, al dan niet gemeubeld
  5. Het besturen van vennootschappen welk doel deze vennootschappen ook mochten hebben, het deelnemen in en het directievoeren over ondernemingen en vennootschappen, alsook het uitoefenen van de functie van bestuurder of analoge functies in vennootschappen en andere rechtspersonen
  6. Het bevorderen van de oprichting van vennootschappen of het participeren van de oprichting van vennootschappen of het participeren in bestaande of nog op te richten vennootschappen
  7. De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort tussenpersoon in de handel
  8. Het uitbaten van een restaurant of horecagelegenheid in de meest uitgebreide zin
  9. Het verlenen van dienstprestatie naar de scheepvaart toe en dit in al zijn vormen
  10. Het uitbaten van een paardenhouderij, het fokken van paarden, de aan- en verkoop van paarden, de verhuur van stallingen en sportaccommodatie ten behoeve van de paardensport met inbegrip van het onderhoud van de gestalde dieren, de africhting en scholing van paarden, het onderricht in de rijkunst, het coachen en managen van ruiters, de deelname aan nationale en internationale wedstrijden zonder dat deze opsomming beperkend kan zijn en dus in het algemeen alle activiteiten en daden welke zowel rechtstreeks als onrechtstreeks in verband staan met de paardensport in het algemeen
  11. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren, onder om het even welke vorm, in dit kader kan zij zich ook borgstellen of haar aval verlenen in de meest ruime zin van het woord, alle handels- en financiële operaties behalve die welke wettelijk voorbehouden zijn aan deposito’s korte termijn, spaarkassen, hypotheekmaatschappijen, kapitalisatieondernemingen
  12. Zij mag alle werkzaamheden en rechtshandelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp
  13. De vennootschap mag al deze verrichtingen uitvoeren in België of in het buitenland voor eigen rekening of voor rekening van derden, in de meest uitgebreide vorm

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.
WindoW
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, door eenvoudige beslissing van het bestuursorgaan naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of…” (deed in Dutch)

deed of 10-01-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“Hij kan bijzondere machten toekennen aan elke mandataris, Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…” (deed in Dutch)
1 more provision on this in the deed

deed of 10-01-2025

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
One provision in the deed

deed of 10-01-2025

Meetings and financial year

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

deed of 10-01-2025

Oversight and winding up

Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
“Benoemd voor een hernieuwbare termijn van drie jaar, Wanneer het door de wet vereist is en binnen de wettelijke grenzen, wordt het toezicht…” (deed in Dutch)
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.
One provision in the deed

deed of 10-01-2025

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

Other provision: “Interim-dividenden, 26” (deed in Dutch)
Other provision: “Elektronische algemene vergadering, Om de veiligheid van het elektronische communicatiemiddel te waarborgen, kan het intern reglement…” (deed in Dutch)
Other provision: “Iedere aandeelhouder heeft de mogelijkheid langs elektronische weg op afstand te stemmen vóór de algemene vergadering, langs elektronische…” (deed in Dutch)
Other provision: “De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…” (deed in Dutch)
17 more provisions in the deed, see the deed of 10-01-2025

deed of 10-01-2025