KHAPA
ActiveSummary
KHAPA has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,324) and a net result of -€10,176. Equity is shrinking by about 45% per year across the filed financial years. Its solvency ranks better than 14% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (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.
- KHAPA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2. Siège” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d’administration” (deed in French)“Sans droit à indemnité quelconque, administrateurs révocables ad nutum par assemblée générale” (deed in French)“Portée aux frais généraux indépendamment frais représentation,voyages et déplacements, assemblée générale décide si mandat exercé…” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Règles entre vifs mutatis mutandis héritiers informent qualité dans 2 mois du décès chaque héritier notifie pour son compte, prix offert par…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Émission actions à souscrire en numéraire, obligations convertibles ou droits de souscription, tous existants ont préférence” (deed in French)
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale formes modifications statuts” (deed in French)“Dissolution ou mesures continuité annoncées ordre du jour, mesures continuité,annoncé ordre du jour,copie avec convocation” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Réparti également entre toutes actions, un ou plusieurs nommés par assemblée générale qui détermine pouvoirs et rémunération éventuelle” (deed in French)