MOTORMEN
ActiveSummary
The computed 12-month bankruptcy probability of MOTORMEN is 1.6% (moderate). The 2024 annual accounts show equity of €6,809 and a net result of €19,205. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 34% of 3,001 sector peers (NACE 93, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- MOTORMEN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, een of meer bestuurders” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie reis verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aan bestaande aandeelhouders, inbreng in geld met uitgifte nieuwe aandelen” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 April to 31 March
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of September at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed