XLNBT
ActiveSummary
The computed 12-month bankruptcy probability of XLNBT is 11.9% (high). For XLNBT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€797) and a net result of -€2,508. Equity is shrinking by about 77% per year across the filed financial years. Its solvency ranks better than 25% of 17,649 sector peers (NACE 56, financial year 2023). The company has been active since 2018 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.
- XLNBT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bestuursorgaan, gewest” (deed in Dutch)“Vlaamse Gewest, voor zover geen wijziging taalregime” (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.
- “Met of zonder beperking van duur, geen” (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.
- “Register van aandelen op naam, volgnummer” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)