Damaged Goods
ActiveSummary
Damaged Goods has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,020 and a net result of €42,138. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 47% of 640 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- Damaged Goods
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Gewest, uitsluitende bevoegdheid algemene vergadering” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 23 - Bestuursorgaan - bevoegdheden Het bestuursorgaan beschikt over de ruimste bevoegdheden op het vlak van de administratie en het…”
- Board ruleHow the board is made up, meets and takes decisions.
- “12, 3” (deed in Dutch)4 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Volle rechten uit wetgeving en statuten, bestuursorgaan kan ereleden toelaten onder door hem te bepalen voorwaarden” (deed in Dutch)“Onbeperkt, 2” (deed in Dutch)“Lidmaatschap automatisch verloren bij overlijden, geheim” (deed in Dutch)1 more provision on this in the deed
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.
- One provision in the deed