GAF
ActiveSummary
GAF has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €37,744. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.4% (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.
- GAF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, 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.
- “Article 13 : Représentation de la société L’administrateur (chacun des administrateurs) représente la société à l'égard des tiers et en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “En cas de décès démission ou révocation pourvu à remplacement par l’assemblée générale des actionnaires, mandat rémunéré suivant décision de…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, 2400” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires non de plein droit actionnaires tenus de solliciter agrément mêmes formalités, transfert de titres nominatifs…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “20, à tout temps par décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs,émoluments et mode de liquidation conformément au Code, 21” (deed in French)