X-Mar
ActiveSummary
X-Mar has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For X-Mar, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2.1m and a net result of €59,198. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 33,823 sector peers (NACE 70, financial year 2023). The company has been active since 2019 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.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Artikel 2:55 WVV, niet in eigen naam noch als vaste vertegenwoordiger van andere rechtspersoon-bestuurder zetelen” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Niet overdragen zonder voorafgaand en geschreven akkoord van alle andere vennoten, overdracht onder levenden aan medevennoot of derde” (deed in Dutch)“Erfgenamen of legatarissen, akkoord alle andere vennoten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of May at 18:00
Oversight and winding up
- 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.
- “Onbepaalde duur tot beëindiging opdracht behoudens ontslag, één of meer” (deed in Dutch)