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FGF PROMO

Active
Private limited companyfounded 2009active for 17 yearsRue de Nivelles(S-B) 245, 7110 La Louvière, BelgiumKBO/BCE: BE 0810.590.792
Summary

FGF PROMO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€249,234) and a net result of €70,607. Equity is shrinking by about 9.6% per year across the filed financial years. Its solvency ranks better than 5% of 9,354 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
FGF PROMOActiveChecked score 56/100
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.
FGF PROMO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, par simple décision organe d’administration, sièges administratifs, agences et succursales, tant en Belgique qu'à…” (deed in French)

deed of 23-12-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“B. Pouvoirs Chaque administrateur agissant seul représente la société à l'égard des tiers et en justice et peut poser tous les actes…”
Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non” (deed in French)
“Rémunéré ou gratuit, mandat d'administrateur” (deed in French)

deed of 23-12-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, actions” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Héritiers et légataires non devenus de plein droit actionnaires tenus solliciter agrément mêmes formalités, réponse affirmative ou négative…” (deed in French)

deed of 23-12-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Tuesday of June

deed of 23-12-2025

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Plus étendus,articles 2:87. et suivants CSA, dissolution-clôture en un seul acte possible” (deed in French)

deed of 23-12-2025

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

Other provision: “En cas de démembrement du droit de propriété des actions, droits exercés par l’usufruitier, vote par l’usufruitier” (deed in French)
Other provision: “Registre des actions, registre” (deed in French)
Other provision: “Trois semaines, séance tenante” (deed in French)
Other provision: “Présidence,délibérations,procès-verbaux, quelle que soit portion représentée sauf cas légaux” (deed in French)
Other provision: “Affectation du bénéfice, assemblée générale” (deed in French)
Liquidation distribution: “Réparti également entre toutes actions, actif net au prorata du nombre d'actions” (deed in French)
Other provision: “Élection de domicile, exécution des statuts” (deed in French)
Other provision: “Droit commun, réputées faire partie des statuts” (deed in French)
1 more provision in the deed, see the deed of 23-12-2025

deed of 23-12-2025

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