LAB'S CAR
ActiveSummary
The computed 12-month bankruptcy probability of LAB'S CAR is 4.3% (elevated). The 2025 annual accounts show negative equity (-€14,384) and a net result of -€1,282. Equity is shrinking by about 41% per year across the filed financial years. Its solvency ranks better than 5% of 22,632 sector peers (NACE 47, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- LAB’S CAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Il peut être transféré en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique…” (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.
- “Avec ou sans limitation de durée, à défaut sans limitation de durée, organe d'administration” (deed in French)“Fixe ou proportionnelle, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Toute personne peut renoncer à la convocation, actionnaires, administrateurs, commissaires, et titulaires d'obligations convertibles…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed