FESTIJN
ActiveSummary
FESTIJN has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,394 and a net result of €110,181. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 54% of 38,834 sector peers (NACE 70, 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.
- FESTIJN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle machten om statutenwijziging authentiek te doen vaststellen, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)“Vaste en/of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)“Bezoldiging bestuurder, algemene vergadering” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft overdrager en helft koper(s) naar evenredigheid aantal bij meerdere kopers, nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht voor eigenaar-pandgever tenzij anders overeengekomen, inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of September at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed