Celofin
ActiveSummary
Celofin is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Celofin, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €347,168 and a net result of €90,981. Equity is growing by about 63% per year across the filed financial years. Its solvency ranks better than 33% of 3,242 sector peers (NACE 66, financial year 2024). The company has been active since 2011 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.
- CELOFIN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, établir ou supprimer sièges administratifs,agences et succursales en Belgique et à l’étranger par simple décision de…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Ne peut y mettre fin sans désigner simultanément successeur, nommés avec ou sans limitation,qualité d’administrateur statutaire possible si…” (deed in French)“Si rémunéré,assemblée à majorité absolue ou actionnaire unique détermine montant fixe ou proportionnel, portée aux frais généraux…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, nature des actions,indivisibilité,décès” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vis-à-vis société et tiers qu’à dater de l’inscription dans registre des actionnaires, déduction faite des actions dont cession proposée” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions – droit de préférence, courrier électronique,ou courrier ordinaire même jour pour…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Clôture immédiate liquidation, dissolution et clôture en un seul acte possibles moyennant respect conditions légales” (deed in French)1 more provision on this in the deed