FUGREX
ActiveSummary
FUGREX has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216,379 and a net result of -€15,522. Equity is shrinking by about 7% per year across the filed financial years. Its solvency ranks better than 60% of 39,068 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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.
- FURGEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l'organe d'administration,sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12 : Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nombre,durée,pouvoirs si pluralité, avec ou sans limitation” (deed in French)“Actes nécessaires ou utiles objet, loi et statuts assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Autres actionnaires lettre recommandée, agrément attributaire pressenti” (deed in French)“Article 10, libre de transférer tout ou partie à qui il l'entend,respect conditions d'admission;décès n'entraîne pas dissolution,dévolution…” (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 December at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner liquidateurs et fixer pouvoirs et émoluments, quelque cause et moment” (deed in French)