DURNABLE
ActiveSummary
DURNABLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For DURNABLE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €5.0m and a net result of €47,341. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 2,775 sector peers (NACE 64, financial year 2024). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La gestion pour compte propre d un patrimoine de valeurs mobilières et immobilières,incluant notamment mais non exclusivement : des actions…” (deed in French)
4 activities (deed in French)
- La gestion pour compte propre d un patrimoine de valeurs mobilières et immobilières,incluant notamment mais non exclusivement : des actions et parts belges ou étrangères,cotées ou non,à titre provisoire ou permanent
- Des obligations,bons de caisses,warrants,options et titres analogues
- Des terrains et constructions
- En général toute valeur mobilière et immobilière
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DURNABLE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision du conseil d administration,des sièges administratifs,succursales ou agences en Belgique…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Conseil d'administration, 6 ans” (deed in French)
- 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
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, tout actionnaire peut prendre connaissance” (deed in French)“Actions sans droit de vote, assemblée générale” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Formalités légales de transfert des créances, après inscription au registre correspondant” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modalités de présence,de quorum et de majorité prévues par la loi, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Mode de liquidation, paiement dettes charges frais ou consignation montants nécessaires” (deed in French)