FRATEL
ActiveSummary
The computed 12-month bankruptcy probability of FRATEL is 1.8% (moderate). The 2024 annual accounts show equity of €28,254 and a net result of €5,530. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 15,450 sector peers (NACE 46, financial year 2024). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- FRATEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Quatrième résolution,article 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)“Administrateur, indépendamment des frais éventuels de représentation,voyages et déplacements” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, prix notifié ou expert convenu ou président du tribunal de l’entreprise en référé à requête…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of May at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)