Gali
ActiveSummary
The computed 12-month bankruptcy probability of Gali is 1.9% (moderate). The 2025 annual accounts show negative equity (-€24,441) and a net result of -€46,993. Its solvency ranks better than 17% of 17,080 sector peers (NACE 68, financial year 2025). The company has been active since 2023 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.
- GALI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, simple décision organe d’administration pour autant que sans changement régime linguistique” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée qui nomme fixe nombre, durée mandat et en cas de pluralité pouvoirs, nommés avec ou sans limitation de durée” (deed in French)“Rémunération fixe ou proportionnelle, assemblée générale décide si mandat exercé gratuitement ou non” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Par préférence aux actionnaires existants proportionnellement aux actions détenues, priorité aux ayant exercé totalité jusqu’à souscription…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)