NEWCO
ActiveSummary
NEWCO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€59,291) and a net result of -€9,062. Its solvency ranks better than 10% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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.
- NEWCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bekendmaking in bijlage Belgisch Staatsblad door toedoen bestuur” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13 : Vertegenwoordiging van de vennootschap De (iedere) bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Indien niet tot vergoeding inbreng in natura,kan algemene vergadering waarop alle aandeelhouders aanwezig of vertegenwoordigd zijn met…” (deed in Dutch)
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.
- “Te allen tijde, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed