ALGI
ActiveSummary
ALGI has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of -€939,377. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 46% of 782 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La fabrication,l'achat,la commercialisation et la vente de produits alimentaires de quelque nature que ce soit,ainsi que la gestion de…” (deed in French)
Text of the purpose (deed in French)
“La fabrication,l'achat,la commercialisation et la vente de produits alimentaires de quelque nature que ce soit,ainsi que la gestion de restaurants,snacks et tavernes.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ALGI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne de Belgique, annexes du Moniteur Belge” (deed in French)“Adoptée, région wallonne de Belgique” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Autant de membres que minimum exigé par loi, actionnaire ou non” (deed in French)
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.
- “Actions” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of May at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prescrites pour modifications des statuts le cas échéant, délibérer dissolution éventuelle et autres mesures annoncées à l’ordre du…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus articles 2:82 et suivants du Code des sociétés et des associations, dissolution pour quelque cause et à quelque…” (deed in French)“Sur convocation et sous présidence du liquidateur conformément aux statuts, articles 2:99 du Code des sociétés et des associations” (deed in French)