AVANGARD
ActiveSummary
The computed 12-month bankruptcy probability of AVANGARD is 3.1% (moderate). The 2025 annual accounts show negative equity (-€1,921) and a net result of -€3,783. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 5,826 sector peers (NACE 49, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- AVANGARD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bijkantoren,agentschappen,opslagplaatsen,verkooppunten” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbezoldigd behalve andersluidende beslissing, met of zonder beperking duur” (deed in Dutch)“Bijzondere machten aan iedere gevolmachtigde, handelingen die wet en statuten aan algemene vergadering voorbehouden” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam met volgnummer, na tweede bericht zonder resultaat gedurende maand,aandelen zo nodig laten opkopen door aandeelhouder of…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Weigering instemming overdracht onder levenden, Voorzitter_Ondernemingsrechtbank_zetel” (deed in Dutch)“Waarde overgegane aandelen ondanks andersluidend beding, aandeelhouders_of_Vennootschap_die_zich_verzet_hebben” (deed in Dutch)1 more provision on this in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “HOOFDSTUK VI : BOEKJAAR - JAARREKENINGEN Artikel 28.- Boekjaar. Het boekjaar begint op één januari en eindigt op één en dertig december van…” (deed in Dutch)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “HOOFDSTUK VII:ONTBINDING-VEREFFENING, ontbinding om welke reden ook,op om het even welk ogenblik” (deed in Dutch)