Montea GTE 1
ActiveSummary
Montea GTE 1 has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€891,049) and a net result of -€103,881. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 9% of 5,738 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Articles of association
What the company does
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, exploitatiezetels oprichten of opheffen door enkel besluit van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Te allen tijde en zonder opgave van redenen met onmiddellijke ingang en zonder vertrekvergoeding, algemene vergadering kan benoeming op elk…” (deed in Dutch)“Voortijdige vacature, benoeming wordt op de agenda van de eerstvolgende algemene vergadering geplaatst” (deed in Dutch)“Algemene vergadering kan aan de bestuurders eveneens tantièmes toekennen te nemen uit de beschikbare winst van het boekjaar, vergoeding van…” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Nieuwe aandelen, converteerbare obligaties of inschrijvingsrechten behoren hem in volle eigendom toe, op dezelfde dag te verzenden als de…” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- 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 Tuesday of May at 09:30
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “Notulen, beraadslagingen en beslissingen van de raad van bestuur, met inbegrip van deze genomen tijdens video- of telefoonconferentie” (deed in Dutch)