MIFAR
ActiveSummary
MIFAR has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€454,101) and a net result of €11,151. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9,797 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel van ruwe…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel 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”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MIFAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover geen wijziging toepasselijke taalregime, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bij openvallen plaats voor einde mandaat in collegiaal orgaan recht overblijvende bestuurders te coopteren eerstvolgende AV moet bevestigen…” (deed in Dutch)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.
- “Voor in pand gegeven aandelen komt voorkeurrecht toe aan eigenaar-pandgever, Aandelen moeten bij uitgifte worden volgestort” (deed in Dutch)“Alle aandelen op naam met volgnummer, ingeschreven in register van aandelen op naam opgesteld overeenkomstig wettelijke bepalingen,ter…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende of kosteloze titel vrijwillig of gedwongen in vruchtgebruik blote of volle eigendom van…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, ter kennis gebracht van aandeelhouders per e-mail of per gewone post…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 26 June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars, algemene vergadering” (deed in Dutch)