GARNISSART
ActiveSummary
GARNISSART has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,118 and a net result of €8,831. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 36% of 21,070 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 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.
- GARNISSART
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, adresse du siège peut être transférée en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, un ou plusieurs administrateurs” (deed in French)“Rémunération administrateurs, fixe ou proportionnelle” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement nombre actions si plusieurs, tous cas cessions entre vifs,onéreux ou gratuit,volontaires…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Courrier électronique, proportionnellement au nombre d’actions qu’ils détiennent” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Droit de démissionner à charge du patrimoine, démission” (deed in French)“Exclusion, actions exclu annulées” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ASSEMBLEE GENERALE Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le dix du…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution en tout temps par assemblée délibérant comme pour modifications statutaires” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed