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INNOV TEX

Active
Private limited companyfounded 2010active for 16 yearsVier-Windenstraat 1, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0823.648.576
Summary

The computed 12-month bankruptcy probability of INNOV TEX is 3.7% (moderate). The 2024 annual accounts show negative equity (-€43,795) and a net result of -€10,976. Equity is shrinking by about 54% per year across the filed financial years. Its solvency ranks better than 5% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

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INNOV TEXActiveChecked score 47/100
Risk analysis ReportCompare

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.
INNOV TEX
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, Article 2” (deed in French)

deed of 04-07-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)

deed of 04-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
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.
“Ouverture de la souscription, organe qui procède à l'émission” (deed in French)

deed of 04-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last day of June

deed of 04-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur désigné, assemblée générale peut désigner liquidateurs” (deed in French)

deed of 04-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Compte de capitaux propres statutairement indisponible, Pas d'application” (deed in French)
Other provision: “Actions souscrites en espèces et non entièrement libérées, appels de fonds” (deed in French)
Other provision: “Tous actes nécessaires ou utiles à l'accomplissement de l'objet, pouvoir d'administration” (deed in French)
Other provision: “Frais de représentation, voyages et déplacements, rémunération des administrateurs” (deed in French)
Other provision: “Administrateur-délégué, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Admission à l'assemblée générale, vote seul suspendu:participation sans vote” (deed in French)
Other provision: “Séances-procès-verbaux, registre au siège” (deed in French)
Other provision: “Délibérations, actions sans droit vote selon loi” (deed in French)
Other provision: “Bénéfice annuel net, répartition-réserves” (deed in French)
Liquidation distribution: “Apurement dettes,charges,frais ou consignation, actif net entre actionnaires en proportion actions” (deed in French)
Other provision: “Élection de domicile, communications,sommations,assignations,significations” (deed in French)
Other provision: “Compétence judiciaire, société,actionnaires,administrateurs,commissaires,liquidateurs,affaires société et exécution statuts” (deed in French)
4 more provisions in the deed, see the deed of 04-07-2024

deed of 04-07-2024

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