Terms and conditions

Last updated: 21 March 2026

Article 1 – Definitions and applicability

1.1 Identity of the provider

Goldflux, Goldflux Tech and Goldflux Finance are trade names of Stamroos Holding B.V., established in Eemnes, The Netherlands and registered with the Chamber of Commerce of Amsterdam under number 71283188.

1.2 Client

The legal entity or natural person acting in the course of a profession or business who enters into an agreement with Goldflux.

1.3 Agreement

Any agreement between Goldflux and the Client relating to strategic advice, software development, AI systems, pilots or related services.

1.4 Applicability

These general terms and conditions apply to all offers, agreements and services of Goldflux, unless explicitly agreed otherwise in writing.

1.5 Deviations

Any deviation is valid only if expressly agreed in writing.

Article 2 – Services of Goldflux

2.1 Service package

strategic AI advice
proofs of concept and pilots
design and development of software and AI systems
technical support and analysis
software as a service

2.2 Software as a service (SaaS)

Goldflux may provide software, AI systems and digital functionality through online environments or platforms ('software as a service'). Availability, functionality and conditions of use are specified further per agreement or service.

2.3 Obligation of effort

Goldflux undertakes obligations of effort, not obligations of result, unless explicitly agreed otherwise in writing.

2.4 Exclusion of advice

Goldflux does not provide legal, financial, tax or other regulated advice, unless explicitly agreed otherwise in writing.

Article 3 – Formation and performance of agreements

3.1 Formation

An agreement is formed after written acceptance of an offer or order confirmation.

3.2 Engagement of third parties

Goldflux is entitled to engage third parties in the performance of the agreement.

3.3 Information duty of the Client

The Client shall provide in good time all information reasonably required for the performance of the agreement.

3.4 Risk of incorrect information

Delays or errors resulting from incorrect or incomplete information supplied by the Client are at the Client's expense and risk.

Article 4 – Obligations of the Client

4.1 Responsibilities of the Client

the accuracy of data supplied,
the lawful use of software, systems and output delivered,
compliance with applicable laws and regulations within its organisation

4.2 Own responsibility

The Client remains fully responsible at all times for decisions taken on the basis of analyses, AI output or advice supplied by Goldflux.

Article 5 – Fees and payment

5.1 Recording of fees

Fees are laid down in the agreement or quotation.

5.2 Payment term

Invoices must be paid within 30 days of the invoice date.

5.3 Consequences of late payment

suspend performance,
charge statutory commercial interest,
pass on extrajudicial collection costs

Article 6 – Intellectual property

6.1 Ownership rights

source code
algorithms
AI models
prompts
architectures
documentation

6.2 Right of use

The Client acquires only a non-exclusive, non-transferable right of use for internal business purposes.

6.3 Deviation

after an explicit written agreement, and
against adjusted conditions and fees.

6.4 SaaS

Granting access to software or systems as a service does not imply any transfer of intellectual property rights.

Article 7 – Use of AI and output

7.1 Probabilistic output

AI systems and models used by Goldflux produce probabilistic output.

7.2 Guarantees

output is complete, error-free or current,
output is suitable for specific decisions

7.3 Supportive role

AI output is intended as support, not as a replacement for human judgement.

7.4 Own risk

The Client accepts that the use of AI output is at its own risk.

Article 8 – Liability and limitation

8.1 Limitation to direct damage

The liability of Goldflux is limited to direct damage.

8.2 Total liability

Total liability is limited to:

the amount paid out under insurance, or
if no insurance payout is available: the invoice amount of the relevant assignment.

8.3 Exclusion of liability

Goldflux is not liable for:

indirect damage,
consequential damage,
loss of profit,
decisions of the Client based on advice or AI output.

8.4 Use of software and access

8a.1 Goldflux grants the Client a limited, non-exclusive and non-transferable right to use software and systems made available by Goldflux, solely for internal business purposes.
8a.2 For maintenance, updates or security measures, Goldflux is entitled to modify the software, maintain it, or temporarily take it out of service.
8a.3 Goldflux does not guarantee that the software will be available at all times without interruption or errors, unless explicitly agreed otherwise in writing.
8a.4 The Client is responsible for the proper use of login details, authorisations within its organisation, and compliance with applicable laws and regulations when using the software.

Article 9 – Confidentiality

9.1 Duty of confidentiality

The parties undertake to keep confidential information confidential.

9.2 Duration

This obligation remains in force after termination of the agreement.

Article 10 – Privacy and data protection

10.1 Compliance

Goldflux processes personal data in accordance with applicable legislation.

10.2 Privacy policy

Further information is included in the Goldflux privacy policy.

10.3 Processor role

If Goldflux acts as a processor, separate arrangements will be made about this.

Article 11 – Duration and termination

11.1 Duration

The agreement is entered into for the agreed duration.

11.2 Termination

Both parties may terminate the agreement in writing, subject to the agreed notice period.

11.4 Termination of SaaS

After termination of the agreement, the right of access to software and systems offered by Goldflux lapses, unless agreed otherwise in writing.

11.3 Survival

intellectual property,
liability,
confidentiality

Article 12 – Complaints, disputes and applicable law

12.1 Applicable law

All agreements are governed by Dutch law.

12.2 Competent court

Disputes shall be submitted to the competent court in Utrecht.

Article 13 – Amendments and final provisions

13.1 Amendments

Goldflux is entitled to amend these terms and conditions.

13.2 Version control

The most recent version always applies.