Etna
ActiveSummary
Etna has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €117,078. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 84% of 9,723 sector peers (NACE 46, 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.
- ETNA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering voor hoogstens zes jaar, overblijvende bestuurders mogen nieuwe bestuurder coöpteren,eerstvolgende AV moet…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vrij door partijen minstens gelijk aan prijs met voorgestelde overnemer,zoniet deskundige in gemeenschappelijk overleg of Voorzitter…” (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
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, een of meer” (deed in Dutch)“Alle verrichtingen vermeld in wet, algemene vergadering bij gewone meerderheid” (deed in Dutch)