GETEC
ActiveSummary
GETEC has been active since 1972 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€61,322) and a net result of -€7,401. Equity is shrinking by about 8.3% per year across the filed financial years. Its solvency ranks better than 5% of 173 sector peers (NACE 79, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (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.
- GETEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, établir ou supprimer sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à…” (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.
- “3, assemblée générale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “À charge du candidat du conseil s'il acquiert, à charge de la société s'il renonce, Article 12” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of March at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit à n'importe quel moment, organe d'administration en fonction comme collège” (deed in French)“Toutes opérations prévues par la loi, liquidateurs” (deed in French)“Même façon, paiement dettes,charges,frais ou consignation” (deed in French)