GROFEM
ActiveSummary
GROFEM has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €770,690 and a net result of €118,119. Equity is growing by about 9.5% per year across the filed financial years. The computed 12-month bankruptcy probability is below 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.
- GROFEM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 8” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “9, indien vennootschap maar één aandeelhouder telt,vrij overdragen geheel of deel” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, vormvereisten,aanwezigheidsquorum en meerderheid door Wetboek van vennootschappen en verenigingen bepaald” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer vereffenaars, in functie zijnde bestuurders als vereffenaars beschouwd indien niets beslist” (deed in Dutch)