GARWAL
ActiveSummary
GARWAL has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,965 and a net result of €2,418. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 64% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- GARWAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, simple décision de l’organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non, nommés avec ou sans limitation,statutaires possibles si…” (deed in French)“Chaque administrateur agissant seul accomplit actes nécessaires ou utiles objet sous réserve loi et statuts réservés assemblée, peut…” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs ou transmission pour cause de mort, cession méconnaissant prescriptions inopposable à Société ou tiers,bonne ou mauvaise…” (deed in French)“Refus agrément cession entre vifs, opposition devant Président Tribunal des Entreprises du siège siégeant comme en référé” (deed in French)“Valeur d'actif net telle que résulte derniers comptes annuels approuvés, transmission à cause de mort” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Émettre actions nouvelles,obligations convertibles,droits de souscription, aux dates et conditions fixées par organe” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérer_dissolution_éventuelle_ou_mesures_continuité_annoncées_ordre_du_jour, Article 31” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 32, CHAPITRE VII : DISSOLUTION - LIQUIDATION” (deed in French)