General Automatic Amusement
ActiveSummary
General Automatic Amusement has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.3m and a net result of €523,310. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 86% of 524 sector peers (NACE 77, financial year 2024). 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.
- GENERAL AUTOMATIQUE ELECTRONIQUE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Article 2:Siège” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 20: Représentation de la société 1. Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Librement entre vifs ou pour cause de mort de l'actionnaire” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 25 June at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidation par liquidateurs nommés par assemblée générale, désignation liquidateurs” (deed in French)1 more provision on this in the deed