ETS MANTOVAN - ORELEC
ActiveSummary
ETS MANTOVAN - ORELEC has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,255 and a net result of €6,112. Equity is shrinking by about 17% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 56% of 6,152 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 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.
- ETS MANTOVAN - ORELEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, un ou plusieurs administrateurs” (deed in French)“Frais représentation,voyages et déplacements indépendants, portée aux frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement actions acquises, tenus solliciter agrément mêmes formalités sauf actionnaires de plein…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Organe qui procède à l'émission, 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.
- Second Tuesday of December at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “23, dissolution en tout temps par assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “24, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)