GOVU
ActiveSummary
GOVU has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €672,877 and a net result of -€45,053. Equity is growing by about 6.1% per year across the filed financial years. Its solvency ranks better than 58% of 16,824 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (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.
- GOVU
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “11a, benoemd met of zonder beperking van duur;indien benoemd in statuten,hoedanigheid statutair bestuurder” (deed in Dutch)“11c, statutaire bestuurders” (deed in Dutch)“Alle handelingen nodig of dienstig voor verwezenlijking voorwerp, handelingen waarvoor volgens wet alleen algemene vergadering bevoegd is” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of October at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Voorzitter ondernemingsrechtbank ter bevestiging in gevallen WVV, alle handelingen nodig of dienstig voor vereffening tenzij akte van…” (deed in Dutch)