GROVAK
ActiveSummary
GROVAK has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,262 and a net result of €4,026. Equity is shrinking by about 2.8% per year across the filed financial years. 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
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13. Externe vertegenwoordiging van de vennootschap Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, aantal,duur van opdracht en,indien meerdere bestuurders,bevoegdheid” (deed in Dutch)“Collegiaal orgaan,beslist geldig bij meerderheid aanwezig of vertegenwoordigd,met meerderheid van stemmen, voeren gezamenlijk het bestuur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 18:00