GPG
ActiveSummary
GPG has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,583 and a net result of €9,392, of which €10,331 non-recurring income. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 54% of 3,706 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- GPG
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, indien benoemd in statuten kunnen hoedanigheid statutair…” (deed in Dutch)“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslissend met absolute meerderheid of enige…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, vruchtgebruiker en blote eigenaar afzonderlijk met respectieve rechten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht of overgang aan derden,vrijwillig en gedwongen,onder levenden en bij overlijden,ten bezwarende en kosteloze titel,in…” (deed in Dutch)“Aanvaarding erfgenamen/legatarissen na overlijden, erfgenamen,legatarissen of rechthebbenden overleden aandeelhouder of zelfs bestuurder…” (deed in Dutch)9 more provisions on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen, nieuwe aandelen waarop in geld wordt ingeschreven” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd, ontbinding en sluiting in een akte zonder vereffenaar…” (deed in Dutch)