LWG
ActiveSummary
LWG has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,476 and a net result of €31,476. Its solvency ranks better than 54% of 13,511 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- LWG
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration,sauf changement de régime linguistique” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
- Board ruleHow the board is made up, meets and takes decisions.
- “2” (deed in French)“Un ou plusieurs administrateurs, avec ou sans limitation,statutaire si nommés dans statuts” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prix offert,à défaut expert désigné par organe,à défaut Président tribunal de l'entreprise statuant comme en référé, toute cession ou…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Librement cessibles selon loi ou article 9 ou agréés par moitié des actionnaires possédant trois quarts des actions, apport en numéraire…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues modifications statuts, tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés liquidateurs en vertu statuts, faculté assemblée désigner liquidateurs et déterminer pouvoirs et…” (deed in French)