FALAH DECOR
ActiveSummary
The computed 12-month bankruptcy probability of FALAH DECOR is 2.2% (moderate). The 2024 annual accounts show equity of €51,358 and a net result of €2,934. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 77% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2014 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.
- FALAH DECOR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale ou en Région Wallonne, par simple décision de l’organe d’administration, des sièges administratifs, agences…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée,qualité d'administrateur statutaire si nommés dans les statuts, assemblée qui nomme fixe…” (deed in French)“Portée aux frais généraux,indépendamment des frais de représentation,voyages et déplacements, si rémunéré,assemblée générale à majorité…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Rémunération des apports, 100” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Offertes par priorité aux actionnaires ayant exercé la totalité de leur droit,jusqu'à souscription entière ou renonciation,selon modalités…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)