MGT EXPRESS
ActiveSummary
The computed 12-month bankruptcy probability of MGT EXPRESS is 7.5% (elevated). The 2024 annual accounts show equity of €54,173 and a net result of €21,351. Its solvency ranks better than 62% of 724 sector peers (NACE 53, financial year 2024). The company has been active since 2023 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.
- MGT EXPRESS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert par simple décision de l’organe d’administration pour autant que ce transfert a lieu dans la Région…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Chaque administrateur est investi des pouvoirs les plus étendus pour faire seul tous actes qui intéressent la société. Il a dans sa…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non” (deed in French)“Indépendamment des frais de représentation,voyages et déplacements, fixe ou proportionnelle” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Démembrement en usufruit et nue-propriété, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement au nombre d'actions acquises, toutes cessions entre vifs à titre onéreux ou…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “À dater de l'ouverture de la souscription, par priorité aux actionnaires ayant déjà exercé la totalité de leur droit” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)