MG CORTEX
Active Risk: not assessedSummary
MG CORTEX is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- MG CORTEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, seule assemblée générale avec règles modification statuts” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation; défaut sans limitation, 1” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs à titre onéreux ou gratuit volontaires ou forcées cas exclusion et retrait en usufruit nue-propriété ou pleine propriété…” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2027, first annual accounts due by 31-07-2028
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale délibérant comme en matière de modification des statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed