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FRIGO-WAY

Active
Private limited companyfounded 1967active for 59 yearsGrand'Route 552, 1428 Braine-l'Alleud, BelgiumKBO/BCE: BE 0401.739.158
Summary

FRIGO-WAY has been active since 1967 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,743 and a net result of €130,615. Equity is shrinking by about 5% per year across the filed financial years. Its solvency ranks better than 10% of 1,074 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Le transport national et international de toute marchandise; L’affrètement de tout véhicule de transport de marchandises; L’entretien et la…” (deed in French)
3 activities (deed in French)
  1. Le transport national et international de toute marchandise
  2. L’affrètement de tout véhicule de transport de marchandises
  3. L’entretien et la réparation de tout véhicule

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FRIGO-WAY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, Belgique et étranger” (deed in French)

deed of 03-07-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Organe d'administration, Article 11” (deed in French)

deed of 03-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre actions nominatives mentions CSA” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, Article 10” (deed in French)
1 more provision on this in the deed
Share issue ruleHow and by whom new shares can be issued.
“Apport numéraire nouvelles actions-droit préférence, courrier électronique,ou courrier ordinaire même jour si sans adresse électronique” (deed in French)

deed of 03-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Thursday of June at 10:00

deed of 03-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Outre loi en tout temps décision assemblée formes modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Administrateurs en fonction liquidateurs si aucun autre désigné, désigner liquidateurs déterminer pouvoirs émoluments” (deed in French)

deed of 03-07-2024

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

Other provision: “Indivisibilité titres, disposition spéciale statuts,testament,convention” (deed in French)
Other provision: “Rémunération des administrateurs, Article 13” (deed in French)
Other provision: “Gestion journalière, Article 14” (deed in French)
Other provision: “3 ans, contrôle de la société” (deed in French)
Other provision: “Toutes décisions relevant assemblée générale sauf modification des statuts, assemblée générale par procédure écrite” (deed in French)
Other provision: “Séances procès-verbaux, un ou plusieurs membres organe ayant représentation” (deed in French)
Other provision: “Chaque action une voix réserve actions sans droit vote, délibérations” (deed in French)
Other provision: “Répartition réserves, moitié bénéfice net réserves moitié distribuée si conditions légales” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, actif net entre actionnaires proportion actions remise biens même proportion” (deed in French)
Other provision: “Siège pour communications sommations assignations significations, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, société actionnaires administrateurs commissaires liquidateurs affaires société exécution statuts” (deed in French)
4 more provisions in the deed, see the deed of 03-07-2024

deed of 03-07-2024