Glenart
ActiveSummary
Glenart has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,781 and a net result of €62,039. Equity is growing by about 79% per year across the filed financial years. Its solvency ranks better than 90% of 15,705 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Glenart
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest, enige bestuurder” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Te bepalen door algemene vergadering, 1” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering in vormen vereist voor statutenwijziging, artikel 8” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Stukken vermelden in vereffening, algemene vergadering bevoegd statuten te wijzigen behalve naam” (deed in Dutch)