X TIME
ActiveSummary
The computed 12-month bankruptcy probability of X TIME is 5.7% (elevated). The 2025 annual accounts show negative equity (-€1,611) and a net result of -€1,682. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Internationaal en nationaal goederenvervoer; Industriële en algemene reiniging; Import/export van alle producten; Groot- en kleinhandel…” (deed in Dutch)
8 activities (deed in Dutch)
- Internationaal en nationaal goederenvervoer
- Industriële en algemene reiniging
- Import/export van alle producten
- Groot- en kleinhandel, import en export van alle nieuwe en gebruikte voertuigen en onderdelen
- Bouw en elektriciteit
- E-commerce en amusementsspellen
- HORECA in het algemeen
- Vastgoedbeheer, d.w.z. kopen, ruilen, verkopen, verhuren en onderverhuren, met of zonder koopoptie, exploiteren en onderhouden van huizen, flats, kantoren, winkels, bedrijven, grond en landgoederen, en in het algemeen alle vastgoedactiva, evenals alle financieringstransacties
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- X TIME
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, adres hoofdkantoor bepaald door leidinggevend orgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, algemene vergadering met absolute meerderheid of enige aandeelhouder bepaalt vaste of evenredige vergoeding, geboekt…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Monday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)