MAVARO
ActiveSummary
MAVARO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €467,119. Equity is shrinking by about 9.9% per year across the filed financial years. Its solvency ranks better than 92% of 5,634 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- MAVARO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Op verzoek van de vennootschap blijft hij in functie totdat de vennootschap redelijkerwijze in zijn vervanging kan voorzien, hoogstens zes…” (deed in Dutch)1 more provision on this in the deed
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.
- First Saturday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming van vereffenaars, gewone meerderheid” (deed in Dutch)“Bevoegdheden van de vereffenaars, alle handelingen nodig of dienstig voor vereffening zoals nader voorzien door WVV” (deed in Dutch)