Summary
Galla has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low). No annual accounts have been filed with the National Bank.
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.
- Galla
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, algemene vergadering met gewone meerderheid; bestuursorgaan met eenvoudige beslissing binnen Vlaams Gewest; statutenwijziging…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De enige zaakvoerder vertegenwoordigt de vennootschap jegens derden en in rechte, zowel als eiser als verweerder. Indien er twee…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Meest uitgebreide machten van bestuur en beschikking, bevoegdheid” (deed in Dutch)4 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk deel in de winst en in het vereffeningssaldo, namelijk 1/100ste, bezit van een aandeel brengt van rechtswege de instemming met de…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht door overlijden, aandeelhoudersovereenkomst door alle vennoten aanvaard” (deed in Dutch)“Marktwaarde op datum vereffening of faillissement, overdracht door vereffening of faillissement” (deed in Dutch)“Overdracht onder de levenden, voorafgaandelijke instemming van alle medevennoten” (deed in Dutch)7 more provisions on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Aanwending resultaat, winstverdeling, reservevorming, gewone meerderheid” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 8. De algemene vergadering van vennoten 8.1. Jaarvergadering - Bijzondere of buitengewone algemene vergadering De jaarvergadering…” (deed in Dutch)The first on 05-12-2026
- Meeting ruleHow the company's meetings are run.
- “Bijeenroeping, vermeld in uitnodigingsbrief” (deed in Dutch)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Bijzondere volmachtdrager in kader buitengerechtelijke bescherming (art. 489 e.v. BW), andere vennoot” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Voorstel verworpen, gewone meerderheid” (deed in Dutch)1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 3 provisions in the deed