ADC Engineering
ActiveSummary
ADC Engineering has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,922) and a net result of -€6,922. Its solvency ranks better than 5% of 2,511 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (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.
- ADC Engineering
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, établissement ou suppression de sièges d’exploitation par simple décision de l’organe d’administration pour autant que sans…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 14. Rémunération des administrateurs L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement. Si le…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix notification initiale ou contestation prix fixé par expert, moitié cédant moitié acquéreurs au prorata si plusieurs” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission d'actions nouvelles, organe qui procède à l'émission” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes modifications aux statuts, tout temps par assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Assemblée générale peut désigner liquidateurs et déterminer pouvoirs et émoluments, administrateurs en fonction” (deed in French)