MSM DIST
ActiveSummary
The computed 12-month bankruptcy probability of MSM DIST is 2.4% (moderate). The 2025 annual accounts show negative equity (-€2.0m) and a net result of -€1.1m. Its solvency ranks better than 5% of 5,025 sector peers (NACE 47, financial year 2025). The company has been active since 2023 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.
- MSM DIST
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 6032 Charleroi,avenue Paul Pastur,179” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Limite de l'objet social, pouvoirs les plus étendus pour agir en toutes circonstances au nom de la société” (deed in French)“Illimitée, personnes physiques ou morales,actionnaires ou non” (deed in French)“Partie procès-verbal ou rapport figure intégralement dans rapport gestion ou pièce déposée avec comptes annuels, remboursement sur…” (deed in French)“Vacance d'une place d'administrateur, administrateurs restants ont droit de coopter nouvel administrateur” (deed in French)“Lieu indiqué dans convocations, chaque fois intérêt exige ou deux administrateurs au moins le demandent” (deed in French)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.
- “Nominatives,même entièrement libérées,restent nominatives, 1” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs prorata acquis, déterminé par expert désigné commun accord ou Président Tribunal de l’entreprise en référé à…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 15:00
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.
- “Perte du capital, délibérer le cas échéant dans les formes pour modification des statuts sur dissolution éventuelle ou mesures annoncées à…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, liquidateurs nommés par l'assemblée générale” (deed in French)