FUNTEX
ActiveSummary
FUNTEX has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,370 and a net result of €19,671. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 52% of 8,540 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (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.
- FUNTEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, avec ou sans limitation durée” (deed in French)“Portée aux frais généraux indépendamment représentation voyages déplacements, fixe ou proportionnelle” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement actions si plusieurs, cessions entre vifs onéreux ou gratuit,volontaires ou forcées dont…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions - droit de préférence, numéraire” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l’assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté de l’assemblée générale de désigner liquidateurs et déterminer pouvoirs et émoluments, pour quelque cause et à quelque moment que ce…” (deed in French)