AB DECO PAINT
ActiveSummary
AB DECO PAINT has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,514) and a net result of -€14,823. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
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.
- AB DECOPAINT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit van het bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR-CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “250, vergoeding voor de inbrengen” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft kopers naar evenredigheid aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel,vrijwillig of…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of May at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)