Yil Projects
ActiveSummary
Yil Projects has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,099 and a net result of €32,518. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Yil Projects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (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.
- “Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, 1” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders betreffende hun aandelen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht toe aan eigenaar-pandgever, Inbreng in geld met uitgifte van nieuwe aandelen – Recht van voorkeur” (deed in Dutch)“Recht van voorkeur bij vruchtgebruik op aandelen, vruchtgebruiker, tenzij anders overeengekomen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 18:00
Oversight and winding up
- 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.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)