Auto Ecole GENERATIONS
ActiveSummary
The computed 12-month bankruptcy probability of Auto Ecole GENERATIONS is 4.2% (elevated). The 2024 annual accounts show equity of €8,700 and a net result of €1,133. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 13% of 803 sector peers (NACE 85, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
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.
- S.M.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,succursales,agences,dépôts et comptoirs en Belgique et à l’étranger par simple décision…” (deed in French)
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.
- “Avec ou sans limitation, frais généraux hors représentation/voyages/déplacements” (deed in French)“Totalité pouvoirs administration avec faculté déléguer partie, chaque administrateur agissant seul actes nécessaires ou utiles objet sous…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Refus agrément cession entre vifs” (deed in French)“Valeur actif net résultant situation comptable jour rachat après réévaluation, transmission cause de mort non agréés non visés article 10” (deed in French)“Limitative, indifférente” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Assemblée générale délibérant comme modification statuts, actionnaires” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Autorisation, dates et conditions qu'il fixera” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérer et le cas échéant décider dissolution éventuelle ou autres mesures annoncées à l’ordre du jour pour continuité, actif net risque…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par articles 2:87 et suivants CSA, assemblée générale détermine le cas échéant émoluments” (deed in French)