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GALOTIN

Active
Private limited companyfounded 2012active for 13 yearsChaussée Nationale 4(Sart-B.) 19, 5330 Assesse, BelgiumKBO/BCE: BE 0501.494.354
Summary

GALOTIN has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,466 and a net result of €21,764. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 33% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (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.
GALOTIN
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision organe…” (deed in French)

deed of 01-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation, organe d'administration” (deed in French)
“Indépendamment frais représentation voyages déplacements, fixe ou proportionnelle” (deed in French)

deed of 01-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Toutes cessions entre vifs à titre onéreux ou gratuit même décision justice ou adjudication enchères, cédant ou adjudicataire” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Offertes par préférence aux actionnaires existants proportionnellement nombre actions détenues, ouverture de la souscription” (deed in French)

deed of 01-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of May at 18:00

deed of 01-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Prévues modifications statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Administrateurs en fonction désignés liquidateurs si aucun autre désigné, quelque cause et moment” (deed in French)

deed of 01-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Organe d'administration détermine seul ou conjointement, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, trois ans” (deed in French)
Other provision: “Séances procès-verbaux, registre au siège” (deed in French)
Other provision: “1 par action, délibérations vote procuration” (deed in French)
Other provision: “Répartition bénéfices réserves, chaque action droit égal” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, actif net proportion actions,biens conservés même proportion” (deed in French)
Other provision: “Communications,sommations,assignations,significations, élection domicile” (deed in French)
Other provision: “Compétence judiciaire, société,actionnaires,administrateurs,commissaires,liquidateurs,affaires société,exécution statuts” (deed in French)
Other provision: “Droit commun, clauses contraires impératives censées non écrites” (deed in French)
3 more provisions in the deed, see the deed of 01-12-2023

deed of 01-12-2023