FLOGELEC
ActiveSummary
FLOGELEC has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €746,222 and a net result of €39,217. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 95% of 6,141 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’achat,la fabrication,l’importation,la vente en gros et en détail et l’exportation de tous matériels électriques et appareils d’éclairage…” (deed in French)
3 activities (deed in French)
- L’achat,la fabrication,l’importation,la vente en gros et en détail et l’exportation de tous matériels électriques et appareils d’éclairage
- La vente en gros et en détail de vêtements de travail
- Le préemballage de matériel électrique
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FLOGELEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, simple décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole directordeed of 28-11-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales, l’administrateur dont le mandat vient à expiration reste en fonction si le nombre d’administrateurs restant…” (deed in French)deed of 20-12-2024
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 18:25
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit et à n'importe quel moment, membres organe d'administration en fonction à défaut de nomination” (deed in French)“Toutes opérations prévues par loi sauf décision contraire assemblée générale à majorité des voix” (deed in French)