GEEFA
ActiveSummary
GEEFA has been active since 1999 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 -€87,522. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 80% of 557 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (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.
- GEEFA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Ten hoogste zes jaar, 3” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp of doelen,behoudens wettelijke bevoegdheid algemene vergadering” (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.
- First Monday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Gewone meerderheid, algemene vergadering die over ontbinding beslist” (deed in Dutch)“Alle handelingen nodig of dienstig voor vereffening, artikelen 2:87 tot 2:104 WVV” (deed in Dutch)“Artikelen 2:89 tot en met 2:93 WVV, op gelijke wijze verdeeld rekening houdend met bepalingen inzake winstverdeling” (deed in Dutch)