OLDSCOOL MECHANICS
ActiveSummary
OLDSCOOL MECHANICS has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€107,693) and a net result of €8,034. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 6% of 22,632 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (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.
- OLDSCOOL MECHANICS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, adres mag door beslissing bestuursorgaan naar elke plaats in Vlaams Gewest of Brussels Hoofdstedelijk Gewest worden…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, 1” (deed in Dutch)“Ten allen tijde, niet-statutair benoemd bestuurder” (deed in Dutch)“Elke bestuurder, handelingen waarvoor volgens wet algemene vergadering bevoegd is” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In de statuten opgelegde regelingen gelden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of December at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bepaalt wijze overeenkomstig wettelijke bepalingen, netto actief verdeeld onder alle aandeelhouders naar verhouding…” (deed in Dutch)