GLUECOM
ActiveSummary
GLUECOM has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €1.6m. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 35% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De productie en de handel van lijmen,kleefstoffen,coatings,belijmingssystemen en hun onderdelen,alsmede het voeren van vertegenwoordiging in…” (deed in Dutch)
2 activities (deed in Dutch)
- De productie en de handel van lijmen,kleefstoffen,coatings,belijmingssystemen en hun onderdelen,alsmede het voeren van vertegenwoordiging in deze producten voor buitenlandse huizen of agentschappen en de handelen in deze artikelen.
- Alle verwerkingsgrondstoffen en materialen en geheel of gedeeltelijk afgewerkte producten kopen,verkopen,produceren,gebruikt in de verpakkingsindustrie,de cartonnage en de boekbinderij,of die ermee verband houden.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GLUECOM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, eenvoudige beslissing bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “3, geheel bevoegdheden raad” (deed in Dutch)“Midden raad” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of April at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuursorgaan in functie als college van vereffenaars bij gebrek aan benoeming” (deed in Dutch)1 more provision on this in the deed