COVER NEW
ActiveSummary
COVER NEW has been active since 1937 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,506 and a net result of €3,453. Equity is growing by about 7% per year across the filed financial years. Its solvency ranks better than 95% of 330 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very 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.
- COVER NEW
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Titre I:Forme légale–Dénomination–Siège–Objet–Durée, Article 1” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Article 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, 1” (deed in French)“Administrateur, sauf décision contraire de l'assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires connaissance registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Par préférence actionnaires existants, actions nouvelles à souscrire en numéraire” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ASSEMBLEE GENERALE Article 15. Tenue et convocation Il est tenu chaque année, au siège social ou à l'endroit indiqué dans les…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, dissolution en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, si aucun autre liquidateur désigné” (deed in French)