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Metalunion

Active
Private limited companyfounded 1928active for 98 yearsPathoekeweg 158, 8000 Brugge, BelgiumKBO/BCE: BE 0400.045.618
Summary

Metalunion has been active since 1928 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67.5m and a net result of €2.9m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 91% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 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.
Metalunion
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 19-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De raad van bestuur kan een intern reglement uitvaardigen. De raad van bestuur vertegenwoordigt de vennootschap jegens derden en in rechte…”
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 19-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht en overgang van effecten, beperkt door statuten” (deed in Dutch)

deed of 19-12-2023

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
“De volmachtdrager moet een aandeelhouder zijn. Indien de volmachtdrager een rechtspersoon is moet deze vertegenwoordigd worden door een…” (deed in Dutch)
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Tuesday of May at 10:00

deed of 19-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Wetboek van vennootschappen en verenigingen, algemene vergadering” (deed in Dutch)

deed of 19-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Intern reglement en dagelijks bestuur, onverminderd machten raad van bestuur” (deed in Dutch)
Other provision: “Toelating tot vergadering en uitoefening stemrecht, vennootschap” (deed in Dutch)
Other provision: “Laatst goedgekeurde jaarrekening of recentere staat van activa en passiva, winstverdeling en uitkering” (deed in Dutch)

deed of 19-12-2023