GARNIWAT
ActiveSummary
GARNIWAT has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,591 and a net result of -€4,417. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 13,646 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- GARNIWAT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, ZETEL” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Eenparigheid van stemmen, Bestuursorgaan” (deed in Dutch)“Algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan…” (deed in Dutch)
Capital, shares and profit
- 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.
- Second Friday of June