NEWTOWN
ActiveSummary
NEWTOWN has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,095 and a net result of €7,763. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 46% of 943 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very 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.
- NEWTOWN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest, bestuursorgaan bevoegd tot verplaatsing binnen België zonder statutenwijziging tenzij naar ander Gewest met…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Taakverdelingen tussen diverse bestuurders, alsook kwalitatieve of kwantitatieve bevoegdheidsbeperkingen die in de statuten of door de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, een of meer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of February at 16:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Cijfermatig verslag met vereffeningsrekeningen en stukken tot staving, jegens derden met inbegrip vertegenwoordiging in rechte” (deed in Dutch)