Summary
XI 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 €220,674 and a net result of €115,045. Equity is growing by about 92% per year across the filed financial years. Its solvency ranks better than 84% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2022 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.
- XI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, gewone meerderheid van stemmen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, een of meer bestuurders” (deed in Dutch)“Bestuurders, algemene vergadering kan bij gewone meerderheid aan bepaalde bestuurders bezoldiging toekennen” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, enige bestuurder of elke bestuurder afzonderlijk zo er meerdere zijn” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of March at 13:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Voorzitter van rechtbank, alle handelingen nodig of dienstig voor vereffening individueel zo meerdere” (deed in Dutch)