Summary
XTEND 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 €12.2m and a net result of €590,613. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 74% of 2,997 sector peers (NACE 64, financial year 2025). The company has been active since 2006 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.
- XTEND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tegen dezelfde voorwaarden van overdracht, Volgrecht” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 26:Gewone algemene vergadering De gewone algemene vergadering moet ieder jaar worden gehouden op tien juni, om elf (11:00) uur…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering die over ontbinding beslist, wettelijke voorschriften ter zake” (deed in Dutch)“Alle handelingen nodig of dienstig voor vereffening, artikelen 2:87 tot 2:104 WVV” (deed in Dutch)“Artikelen 2:89 tot en met 2:99 WVV, op gelijke wijze verdeeld rekening houdend met bepalingen inzake winstverdeling” (deed in Dutch)