FLIVAN
ActiveSummary
The computed 12-month bankruptcy probability of FLIVAN is 3.3% (moderate). The 2024 annual accounts show negative equity (-€171,942) and a net result of €34,950. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9,658 sector peers (NACE 47, financial year 2024). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Kleinhandel met meer dan één afdeling aan te duiden als winkel met menigvuldige afdelingen en beenhouwerij” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FLIVAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “1, door de algemene vergadering” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “De vergadering beslist over de bestemming van het resultaat van het boekjaar, rekening houdend met de wettelijke bepalingen.” (deed in Dutch)“Het bestuursorgaan is bevoegd om over te gaan tot uitkeringen uit de winst van het lopende boekjaar of uit de winst van het voorgaande…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 10:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Ingeschreven in het register van aandelen en rechten niet geschorst, mag deelnemen aan de algemene vergadering, maar niet stemmen” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Elk aandeel geeft recht op één stem, onder voorbehoud van de wettelijke en statutaire bepalingen betreffende de aandelen zonder stemrecht” (deed in Dutch)