Summary
MGCB is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €194,337 and a net result of €94,337. Its solvency ranks better than 12% of 9,732 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- MGCB
- 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,des sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, inscrites dans le registre des actions nominatives,tenu au siège” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “L’organe d’administration s’oblige à mentionner expressément cet article dans le registre des actionnaires, Aucun actionnaire ne pourra…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Tuesday of December at 14:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed