PRECITOOL - FENWICK
ActiveSummary
PRECITOOL - FENWICK has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €218,103. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 82% of 9,760 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het doel van het bedrijf is de handel met toegevoegde waarde o.a. installatie,service,opleiding,proces support van productiemachines,met…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Het doel van het bedrijf is de handel met toegevoegde waarde o.a. installatie,service,opleiding,proces support van productiemachines,met name op het gebied van industriële elektronica.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PRECITOOL-FENWICK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Eenvoudige beslissing, alle machten tot authentieke vaststelling” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Sluiting jaarvergadering van jaar waarin opdracht eindigt, gewone meerderheid” (deed in Dutch)“Voorzitter, tot deze opnieuw in staat is te handelen” (deed in Dutch)
Capital, shares and profit
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereffeningsprocedure met één of meerdere vereffenaars, algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed