WVO ENGINEERING SERVICES
ActiveSummary
WVO ENGINEERING SERVICES has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €235,400 and a net result of €84,367. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 79% of 4,319 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €235,400
- Profit
- €84,367
- VAN OYSTAEYEN WesleyDirector
- Charlotte De VliegerDirector
Why 97lowers riskLiquidity: current ratio 4.88, cash €81,592Equity €235,400 (78.2% of total assets)Sector: Other professional, scientific and technical activities (NACE 74)Figures for financial year 2025 (filed 19-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 74, micro): better than 88% on solvency, 74% on liquidity, 88% on profitability and 44% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 23 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €84,367 ▲39.9%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 74, Other professional, scientific and technical 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).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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%.
| 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €9,250 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,669 | €4,289 | €4,306 | €905 | €1,041 | €13,173 | €20,002 | €22,419 | ▲ 12.1% |
| Other operating charges640/8 | - | - | - | €1,001 | €2,585 | €923 | €3,570 | €923 | ▼ 74.2% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €2,426 | - |
| Gross operating margin9900 | €47,331 | €57,221 | €49,419 | €63,540 | €58,059 | €91,851 | €107,934 | €144,226 | ▲ 33.6% |
| Operating profit (loss)9901 | €41,640 | €51,919 | €44,162 | €61,634 | €54,433 | €77,755 | €84,363 | €118,458 | ▲ 40.4% |
| Financial income75/76B | - | - | - | €8,539 | €5,626 | €12,878 | €2,949 | €5,402 | ▲ 83.2% |
| Recurring financial income75 | €1,893 | €6,461 | €6,625 | €8,539 | €5,626 | €12,878 | €2,949 | €5,402 | ▲ 83.2% |
| Financial charges65/66B | - | - | - | €1,426 | €1,418 | €17,628 | €932 | €3,859 | ▲ 314% |
| Recurring financial charges65 | €775 | €1,395 | €3,903 | €1,426 | €1,418 | €17,628 | €932 | €3,859 | ▲ 314% |
| Profit (loss) for the period before taxes9903 | €42,758 | €56,985 | €46,884 | €68,747 | €58,641 | €73,005 | €86,381 | €120,001 | ▲ 38.9% |
| Income taxes67/77 | €13,269 | €15,172 | €12,641 | €20,201 | €18,177 | €22,927 | €26,089 | €35,635 | ▲ 36.6% |
| Profit (loss) for the period9904 | €29,489 | €41,813 | €34,243 | €48,546 | €40,464 | €50,078 | €60,292 | €84,367 | ▲ 39.9% |
| Profit (loss) for the period to be appropriated9905 | €29,489 | €41,813 | €34,243 | €48,546 | €40,464 | €50,078 | €60,292 | €84,367 | ▲ 39.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €109,870 | €150,933 | €167,387 | €202,771 | €247,561 | €284,972 | €275,282 | €300,830 | ▲ 9.3% |
| Fixed assets21/28 | €8,820 | €4,531 | €803 | €1,658 | €33,708 | €95,884 | €75,882 | €116,983 | ▲ 54.2% |
| Tangible fixed assets22/27 | €8,820 | €4,531 | €803 | €1,658 | €33,708 | €95,884 | €75,882 | €116,983 | ▲ 54.2% |
| Land and buildings22 | - | - | - | €1,445 | €31,083 | €29,037 | €26,991 | €24,945 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | - | - | €213 | €20 | €593 | €373 | €6,186 | ▲ 17× |
| Furniture and vehicles24 | - | - | - | - | €2,605 | €66,253 | €48,517 | €85,852 | ▲ 77.0% |
| Current assets29/58 | €101,050 | €146,402 | €166,584 | €201,113 | €213,853 | €189,089 | €199,400 | €183,847 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €59,298 | €47,786 | €40,030 | €32,930 | €35,114 | €47,247 | €49,451 | €61,255 | ▲ 23.9% |
| Trade receivables40 | - | - | - | €14,652 | €18,414 | €24,213 | €36,597 | €49,486 | ▲ 35.2% |
| Other amounts receivable41 | - | - | - | €18,278 | €16,700 | €23,034 | €12,854 | €11,769 | ▼ 8.4% |
| Current investments50/53 | €38,795 | €49,162 | €76,057 | €79,864 | €80,862 | €57,578 | €49,707 | €40,610 | ▼ 18.3% |
| Cash at bank and in hand54/58 | €2,926 | €48,863 | €49,554 | €88,319 | €88,627 | €83,620 | €99,322 | €81,592 | ▼ 17.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €9,250 | €643 | €920 | €390 | ▼ 57.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €109,870 | €150,933 | €167,387 | €202,771 | €247,561 | €284,972 | €275,282 | €300,830 | ▲ 9.3% |
| Equity10/15 | €105,764 | €147,577 | €160,392 | €189,266 | €206,451 | €231,961 | €232,777 | €235,400 | ▲ 1.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €200 | €200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | - | - | - | - | - |
| Other1109/19 | - | - | - | €6,200 | - | - | - | - | - |
| Reserves13 | €98,867 | €119,251 | €132,066 | €160,940 | €178,125 | €203,635 | €232,577 | €235,200 | ▲ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €159,080 | €176,265 | €203,635 | €232,577 | €235,200 | ▲ 1.1% |
| Profit (loss) carried forward14 | €697 | €22,126 | €22,126 | €22,126 | €22,126 | €22,126 | €0 | €0 | - |
| Amounts payable17/49 | €4,106 | €3,356 | €6,995 | €13,505 | €41,110 | €53,011 | €42,505 | €65,431 | ▲ 53.9% |
| Amounts payable after more than one year17 | - | - | - | - | €4,211 | €25,549 | €17,562 | €27,774 | ▲ 58.1% |
| Financial debts170/4 | - | - | - | - | €4,211 | €25,549 | €17,562 | €27,774 | ▲ 58.1% |
| Amounts payable within one year42/48 | €4,106 | €2,996 | €6,630 | €12,743 | €35,475 | €26,819 | €24,937 | €37,656 | ▲ 51.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €10,011 | €12,124 | €7,987 | €21,242 | ▲ 166% |
| Trade debts44 | €2,856 | €1,486 | €2,756 | €122 | €1,641 | €549 | €456 | €479 | ▲ 5.0% |
| Suppliers440/4 | - | - | - | €122 | €1,641 | €549 | €456 | €479 | ▲ 5.0% |
| Advances received on contracts in progress46 | - | - | - | - | €10,221 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €12,621 | €13,517 | €14,147 | €16,494 | €15,840 | ▼ 4.0% |
| Taxes450/3 | - | - | - | €12,621 | €13,517 | €14,147 | €16,494 | €15,840 | ▼ 4.0% |
| Other amounts payable47/48 | - | - | - | - | €85 | - | - | €95 | - |
| Accrued charges and deferred income492/3 | - | - | - | €762 | €1,424 | €643 | €5 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,489 | €41,813 | €34,243 | €48,546 | €40,464 | €50,078 | €60,292 | €84,367 | ▲ 39.9% |
| + Depreciation and write-downs630 | €4,669 | €4,289 | €4,306 | €905 | €1,041 | €13,173 | €20,002 | €22,419 | ▲ 12.1% |
| Operating cash flow (approximation) | €34,158 | €46,102 | €38,549 | €49,451 | €41,505 | €63,251 | €80,293 | €106,786 | ▲ 33.0% |
| Investment in fixed assets (approximation) | - | €0 | -€578 | -€1,760 | -€33,091 | -€75,349 | €0 | -€63,520 | - |
| Change in cash | - | €45,937 | €691 | €38,765 | €308 | -€5,007 | €15,702 | -€17,730 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00176447 |
| 31-12-2024 | micro format | 16-06-2025 | 2025-00141500 |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00132056 |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00156548 |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20179643 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-64200314 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-36200547 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41100280 |
| 31-12-2017 | micro format | 05-07-2018 | 2018-29500543 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-39100490 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €1,905 awarded · €1,173 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €915 | €183 |
| 2024 | 1 | €990 | €990 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VAN OYSTAEYEN Wesley |
|
| Charlotte De Vlieger |
|
Owners and capital
Capital and shareholders
- 31-07-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-10
Gazette deed
Appointment: Charlotte De Vlieger (director)2 facts ▸
- General meeting, 13-09-2023
- Director appointment, Charlotte De Vlieger (director)
31-07
Gazette deed
Resignation: VAN OYSTAEYEN Wesley (manager)Appointment: VAN OYSTAEYEN Wesley (director) · Capital conversion · Reserve release12 facts ▸
- General meeting, 25-07-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar maken voor uitkering, artikel 39,§2,tweede lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootschappen en vereniging…” (deed in Dutch)
- Other provision, “vrijstelling voorlezing verslag bestuursorgaan, verslag van het bestuursorgaan” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, VAN OYSTAEYEN Wesley (manager)
- Director appointment, VAN OYSTAEYEN Wesley (director (not named in the articles))
- Director discharge, VAN OYSTAEYEN Wesley
- Registered office clause, “Kruibekesteenweg 2 A,9120 Beveren” (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46502D0559/00D004 | Flanders | 546 m² | 1 · 129 m² | 6.3 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van horeca-instellingen,allerhande eet-en drankgelegenheden,cafés,restaurants,broodjeszaak,exotische…” (deed in Dutch)
33 activities (deed in Dutch)
- Het uitbaten van horeca-instellingen,allerhande eet-en drankgelegenheden,cafés,restaurants,broodjeszaak,exotische eethuizen,snackbars,fastfoodzaken,frituren,tavernes,feestzalen,traiteurdiensten,hotels,pretparken,dancings en in het algemeen horeca-uitbating in de meest ruime zin van het woord
- Het bereiden en opdienen van soepen,croques en andere toasten van allerlei aard,kroketten (inclusief aardappelkroketten),bloedworsten en witte worsten,satés,belegde broodjes,croissants,deegwaren,pizza’s,quiches of andere hartige taarten,koude salades,koude vleesschotels,bereide eieren,dit alles uitsluitend geserveerd met brood
- Het serveren van nagerechten (pannenkoeken,ijs,wafels,gebak,koeken,yoghurts,milkshakes)
- Bereiden en verkopen van fastfood,ter plaatse,take-away en levering
- De uitbating van allerhande kantines en catering
- De uitbating,het beheer en de inrichting van traiteur/cateringdiensten,banketten en feestelijkheden
- De uitbating van foodtrucks
- Gespecialiseerde groothandel en kleinhandel in wijnen,geestrijke dranken,alcoholische dranken,frisdranken,inclusief de thuisbezorging daarvan
- Het tekenen en ontwerpen van gebouwen
- Het ontwerpen van industriële installaties
- Het ontwerpen en uittekenen van staalconstructies
- Het opmaken van bouwkundige tekeningen
- Het uitvoeren van studies en het verlenen van advies in verband met stedenbouwkundige planning en landschapsarchitectuur,tuin en landschapsarchitectuur
- Bloemschikken
- Het uitvoeren van technische studiën en dit in de ruimste zin en ondermeer omvattend
- De uitwerking en de realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,tuinbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,tuinbouw,petrochemie,farmacie,offshore,enzovoort
- Ontwerpen,bouwen.installeren en onderhouden van industriële automatisatie en instrumentatie,elektrische installaties,mechanische constructies en industriële installaties
- Het ontwerpen,de montage en het onderhoud van systemen voor de continue bewaking van industriële processen
- Opdrachten in het kader van industriële vormgeving
- De uitwerking van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen:van pollutie,akoestiek.enzovoort
- De uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw,de weg- en waterbouw en het verkeer
- Het ontwerpen,de montage en het onderhoud van geautomatiseerde fabrieken,bestaande uit diverse machines en besturingsmechanismen en uit centrale bewakingsapparatuur
- Het organiseren van seminaries,congressen,enzovoorts.cursussen
- De vennootschap kan kwalitatief hoogstaande kennis leveren,direct of als tussenpersoon,gespecialiseerd in engineering en de toepassing hiervan in bedrijfsinformatiesystemen en e-business oplossingen door
- Het leveren van consultancy en administratieve dienstverlening aan derden
- Realisatie van oplossingen en het hiervoor ontwerpen,leveren,installeren en onderhouden van software
- Het nemen van projectverantwoordelijkheid,dit houdt onder meer in project management,algemeen management,validatie van productieprocessen,opstellen van technische documentatie en functionele beschrijvingen en consulting- en engineeringsactiviteiten
- Detacheren van ingenieurs en hoog gekwalificeerde technici aan industriële bedrijven en studiebureaus
- Managementsactiviteiten in de meest uitgebreide zin van het woord waaronder onder meer het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder/zaakvoerder en beheerder niet inbegrip van deze van vereffenaar
- Het beheer van een patrimonium,samengesteld uit onroerende en roerende goederen,het valoriseren en instandhouden van dit patrimonium vooral door beheersdaden.Daartoe mag zij alle onroerende,roerende en financiële handelingen verrichten,zoals onder meer aankopen en verkopen van roerende en onroerende goederen,onroerende goederen uitrusten,opschikken,ordenen,valoriseren,verkavelen,huren en verhuren,doen bouwen en verbouwen,en alle mogelijke onroerende handelingen in de meest brede zin,van welke aard ook,met inbegrip van de roerende leasing,te gelde maken en beleggen in effecten en alle andere waarde elementen,dit alles uitsluitend voor eigen rekening en in eigen naam en zonder inbreuk te plegen op de wet van zes april negentienhonderd vijfennegentig inzake de secundaire markten,het statuut van en het toezicht op de beleggingsondememing,de bemiddelaars en de beleggingsadviseurs
- Deelname onder welke vorm ook aan de oprichting,uitbreiding en omvorming van ondernemingen en vennootschappen allerhande,alsmede het verwerven in allerhande ondernemingen van aandelen of rechten in de meest ruime zin onder meer bij wijze van inbreng,onderschrijving,aankoop of op welke wijze ook,kortom het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen
- Zij mag haar onroerende goederen in hypotheek stellen en haar andere goederen,met inbegrip van het handelsfonds,in pand stellen,zij mag zich borgstellen en aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft
- De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen — desgevallend ten behoeve van eigen handelingsverrichtingen of voor handelsverrichtingen van derden — zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware
- Name clauseThe name the company operates under according to its articles.
- WVO Engineering Services
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door eenvoudige beslissing…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, hoofdelijk aansprakelijk alsof zelf mandaat in eigen naam en voor eigen rekening” (deed in Dutch)“Geboekt op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…” (deed in Dutch)
Capital, shares and profit
- 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.
- “Inbreng in geld met uitgifte van nieuwe aandelen – Recht van voorkeur, Artikel 7” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, beslissing algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars bij ontbinding, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)