Summary
Faigin is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €103,801 and a net result of -€5,945. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 70% of 9,736 sector peers (NACE 64, financial year 2025). The company has been active since 1992 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.
- Faigin
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,ateliers,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, bestuursorgaan” (deed in Dutch)“Verzonden aan vennootschap,ten laatste één werkdag vóór vergadering op zetel toekomen, behalve wet of statuten aan algemene vergadering…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overeenkomstig waarderingsmethode, procedure- en expertisekosten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door beslissing algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)“Vennootschap van rechtswege ontbonden, overlijden enige aandeelhouder zonder overgang aandelen op gerechtigde” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, recht algemene vergadering om één of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen en…” (deed in Dutch)