Summary
The computed 12-month bankruptcy probability of Herring Highworx is 1.9% (moderate). The company has been active since 2024 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.
- Herring Highworx
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, gewone meerderheid” (deed in Dutch)“Taboralaan 182, 8400 Oostende” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde duur of zonder beperking van duur, meest uitgebreide machten van bestuur en beschikking” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Slechts overdragen met toestemming van al zijn medevennoten, bij meerdere vennoten en overdracht onder levenden of na overlijden hebben…” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- In December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Zoals bepaald in de wet, verdeling zuivere opbrengst onder aandelen elk gelijk recht gevend na gelijkmaking afbetaling” (deed in Dutch)