GARAGE V & D
ActiveSummary
GARAGE V & D has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €182,939. Equity is growing by about 7.3% per year across the filed financial years. Its solvency ranks better than 79% of 12,713 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 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.
- GARAGE V & D
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheden van het bestuursorgaan - externe vertegenwoordiging Als er slechts één bestuurder is, ís het geheel van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking duur;bij gebrek bepaling onbepaalde duur;algemene vergadering bepaalt aantal duur en bij meerdere bevoegdheid, één…” (deed in Dutch)“Vergoeding bestuurders, algemene vergadering beslist bezoldigd of kosteloos” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of May at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, algemene vergadering beslissende in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen, bestuurders in functie krachtens…” (deed in Dutch)