PALVACLEM
ActiveSummary
PALVACLEM has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,725 and a net result of €123,950. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 34% of 5,027 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- PALVACLEM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne de langue française, Article 2.Siège” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires non de plein droit actionnaires tenus de solliciter agrément selon mêmes formalités, tous cas de cessions entre…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés liquidateurs en vertu des statuts si aucun autre désigné, quelque cause et à quelque moment” (deed in French)