IMMOVAR
ActiveSummary
IMMOVAR has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,283 and a net result of €157,542. Equity is shrinking by about 12% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The computed 12-month bankruptcy probability is 0.4% (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.
- IMMOVAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, sièges administratifs,sièges d’exploitation,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation durée, personnes physiques ou morales actionnaires ou non” (deed in French)“Rémunération administrateurs, sauf décision contraire de l'assemblée générale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Pour moitié à charge cédant et moitié à charge acquéreurs proportionnellement nombre actions acquises, tous cas cessions entre vifs à titre…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateur(s) en fonction, faculté assemblée générale désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)