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FESTIN

Active
Private limited companyfounded 1988active for 38 yearsChaussée de Tongres 46, 4000 Liège, BelgiumKBO/BCE: BE 0433.164.089
Summary

FESTIN has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,982 and a net result of €141,718. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 39% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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FESTINActiveChecked score 69/100
Risk analysis ReportCompare

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.
FESTIN
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 12-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Organe d administration, un ou plusieurs” (deed in French)

deed of 12-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, inscription au registre vis-à-vis société et tiers” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Usufruit, actionnaire unique” (deed in French)
“Dispositions legales applicables, plusieurs actionnaires” (deed in French)
“N'entraîne pas dissolution, cession entre vifs et transmission cause mort cas société ne comprend qu'un actionnaire” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Courrier électronique,sinon courrier ordinaire même jour, organe qui procède à l'émission” (deed in French)

deed of 12-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of June at 20:00

deed of 12-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Prévues pour modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Sans préjudice faculté assemblée de désigner un ou plusieurs liquidateurs, administrateurs en fonction désignés liquidateurs en vertu des…” (deed in French)

deed of 12-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Remuneration administrateurs, frais generaux” (deed in French)
Other provision: “Gestion journaliere, organe d administration” (deed in French)
Other provision: “Controle societe, lorsque loi exige dans limites prevues” (deed in French)
Other provision: “Admission assemblee generale” (deed in French)
Other provision: “Seances proces verbaux, membre organe administration ayant representation” (deed in French)
Other provision: “Deliberations, majorite voix” (deed in French)
Other provision: “Organe d administration, prorogation” (deed in French)
Other provision: “Vote par correspondance, signature bas terme ou signature electronique” (deed in French)
Other provision: “Moyen de communication électronique mis à disposition par la société, Participation à distance” (deed in French)
Other provision: “Écrit, Assemblée générale écrite” (deed in French)
Other provision: “Affectation du bénéfice annuel net, Répartition-Réserves” (deed in French)
Other provision: “Affectation du bénéfice et montant des distributions, Distribution” (deed in French)
Liquidation distribution: “Apurement dettes charges frais liquidation ou consignation montants nécessaires, actif net réparti entre actionnaires en proportion de leurs…” (deed in French)
Other provision: “Siège, Election de domicile” (deed in French)
Other provision: “Compétence judiciaire, entre société,actionnaires,administrateurs,commissaires et liquidateurs relatifs aux affaires et exécution des…” (deed in French)
Other provision: “Droit commun, dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé réputées inscrites” (deed in French)
Other provision: “Appels de fonds, un mois par lettre recommandée” (deed in French)

deed of 12-12-2023

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