GROWO
ActiveSummary
GROWO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,309 and a net result of €3,163. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 48% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Uitvoeren van diverse land- en tuinbouwwerken en werken in verband met veeteelt voor rekening van derden,tuinbouwbedrijf,aanleggen van…” (deed in Dutch)
2 activities (deed in Dutch)
- Uitvoeren van diverse land- en tuinbouwwerken en werken in verband met veeteelt voor rekening van derden,tuinbouwbedrijf,aanleggen van speelpleinen,sportvelden,parken en tuinen.
- Grondwerken,rioleringswerken,uitbaggerwerk,dorsonderneming.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GROWO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, verplaatsing in Vlaamse en Hoofdstedelijk gewest bij besluit bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Voor duur bestaan vennootschap, 1” (deed in Dutch)1 more provision on this 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.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar zou zijn benoemd” (deed in Dutch)