MENF
ActiveSummary
MENF has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,225 and a net result of €5,301. Its solvency ranks better than 45% of 2,511 sector peers (NACE 71, 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.
- MENF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle machten om statutenwijziging authentiek te doen vaststellen, Vlaamse Gewest” (deed in Dutch)
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.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid verworven aantal,ook bij weigering erfgenaam of legataris, vermelde prijs of bij…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, recht van voorkeur” (deed in Dutch)“Recht van voorkeur bij vruchtgebruik op aandelen, vruchtgebruiker,tenzij anders overeengekomen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht algemene vergadering om vereffenaars aan te duiden bevoegdheden te omlijnen vergoeding te bepalen, bestuurder(s) in functie krachtens…” (deed in Dutch)