MidTravel
ActiveSummary
MidTravel has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,426 and a net result of €85,477. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 51% of 311 sector peers (NACE 79, 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.
- MidTravel
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, enkel besluit van het bestuursorgaan” (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.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Artikel 13, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)“Beslist of mandaat al dan niet ten kosteloze titel, Artikel 15” (deed in Dutch)“Alleen dan wel gezamenlijk zoals bestuursorgaan bepaalt, Artikel 16” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, slechts uitwerking tegenover vennootschap en derden vanaf inschrijving in register der aandeelhouders” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft erfgenamen en/of legatarissen,helft vennoten pro rata bezit inclusief aanstellingskosten, prijs kandidaat-overnemer uit eerste…” (deed in Dutch)“Helft erfgenamen en/of legatarissen en helft vennoten pro rata aandelenbezit inclusief aanstellingskosten, overgang ten gevolge van…” (deed in Dutch)“Prijs en voorwaarden aangeboden door kandidaat-overnemer zoals vermeld in eerste kennisgeving, elke overige vennoot kan verzoeken dat zijn…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Vergoeding aan vruchtgebruiker voor waarde vruchtgebruik op voorkeurrecht, dag openstelling intekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of March at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)