PROTEC
ActiveSummary
PROTEC has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €556,505 and a net result of €142,920. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 70% of 35,976 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (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.
- PROTEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, bij toepasselijke wettelijke bepalingen voorziene minimum aantal leden” (deed in Dutch)“Gewone algemene vergadering in boekjaar waarin mandaat volgens benoemingsbesluit verstrijkt, onbeperkt hernieuwbaar” (deed in Dutch)“Overblijvende bestuurders, voorlopig in vacature voorzien tot algemene vergadering nieuwe bestuurder benoemt” (deed in Dutch)“Totdat redelijkerwijze in vervanging kan worden voorzien, door kennisgeving aan algemene vergadering” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed