ETN group
ActiveSummary
The computed 12-month bankruptcy probability of ETN group is 14.9% (high). The 2024 annual accounts show equity of €9,534 and a net result of €5,034. Its solvency ranks better than 23% of 5,847 sector peers (NACE 81, financial year 2024). The company has been active since 2024 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.
- ETN group
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, door eenvoudig besluit bestuursorgaan,administratieve zetels,bijkantoren,agentschappen,opslagplaatsen,verkooppunten,in België…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 16.- Vertegenwoordiging - Gerechtelijke handelingen en rechtshandelingen. De Vennootschap wordt vertegenwoordigd in de handelingen…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuur, 1” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden of overgang ten gevolge van overlijden, instemming van aandeelhouders die minstens helft van aandelen bezitten na…” (deed in Dutch)“Weigering instemming overdracht onder levenden, partijen kunnen zich verzetten tegen weigering voor Voorzitter Ondernemingsrechtbank zetel…” (deed in Dutch)“Waarde netto-actief aandelen overledene zoals blijkt uit laatste goedgekeurde jaarrekeningen, niet in artikel 10 bedoelde erfgenamen en…” (deed in Dutch)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Nieuwe aandelen,converteerbare obligaties of inschrijvingsrechten, toelating” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheden artikelen 2:87 e.v. WVV, in functie zijnde bestuurders als vereffeningscomité” (deed in Dutch)