MONAR
ActiveSummary
MONAR has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€101,533) and a net result of -€4,465. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 5% of 12,578 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (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.
- MONAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Boskouter 154,2070 Zwijndrecht(Burcht)” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering kan het mandaat van een al dan niet in de statuten benoemde bestuurder steeds beëindigen wegens wettige reden…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Netto-actief dreigt negatief te worden of is negatief, niet langer vaststaat dat schulden twaalf volgende maanden voldaan kunnen worden” (deed in Dutch)