GRID ALTERNATIVE
Active Risk: not assessedSummary
GRID ALTERNATIVE is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- GRID ALTERNATIVE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration, des sièges administratifs, agences, ateliers, dépôts et succursales, tant…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11bis. Représentation de la société La société est représentée, y compris dans les actes et en justice : • soit par un…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nombre,durée,pouvoirs en cas de pluralité, assemblée qui nomme” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata, toutes cessions entre vifs à titre onéreux ou gratuit,volontaires ou…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “L’organe qui procède à l’émission, portés à la connaissance des actionnaires par courrier électronique, ou, pour les personnes dont elle ne…” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, à tout temps par décision de l'assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction si aucun autre désigné” (deed in French)