MIDAGEM
ActiveSummary
The annual accounts of MIDAGEM for financial year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €316,866 and a net result of -€753,715. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 22% of 13,595 sector peers (NACE 46, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,de…” (deed in Dutch)
3 activities (deed in Dutch)
- Het bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,de fabricatie van:ruwe en geslepen diamant,edelstenen,juwelen,edele metalen,en alle aanverwante artikelen
- Met alle roerende en onroerende handelingen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp
- Handel en bewerking van diamant,edelstenen,juwelen,edele metalen en aanverwante artikelen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MIDAGEM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams 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.
- “Handelingen wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden met delegatiemogelijkheid” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen” (deed in Dutch)