REPSO
ActiveSummary
The annual accounts of REPSO for financial year 2025 show a net loss of 90% of the equity at the start of that year. The 2025 annual accounts show equity of €1,029 and a net result of -€9,602. Equity is shrinking by about 21% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 27% of 2,844 sector peers (NACE 93, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Communication et création évènementielle entre autre dans le domaine des sports mécaniques; Consultance dans le domaine médiatique; Activité…” (deed in French)
7 activities (deed in French)
- Communication et création évènementielle entre autre dans le domaine des sports mécaniques
- Consultance dans le domaine médiatique
- Activité rédactionnelle et journalistique
- Activité de gestion de patrimoine immobilier pour besoin propre (non soumise aux agréations IPI)
- Gestion et consultance en entreprise : - dans le domaine de la gestion d’entreprise pour compte d’autrui - dans le domaine commercial - dans le domaine entrepreneurial en tout genre
- Prise de participations dans d’autres entreprises
- Exercice de mandats et prestations de service dans d’autres sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- REPSO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Hors statuts” (deed in French)“Région Wallonne, simple décision de l’organe d’administration en Belgique ou à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Si l'assemblée décide, fixe ou proportionnelle” (deed in French)1 more provision on this in the deed
- Permanent representativeA company that is a director names a natural person to carry out the mandate on its behalf.
- “Représentant permanent” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, mêmes droits à la distribution des bénéfices et du boni de liquidation” (deed in French)“Nominatives, registre des actions nominatives tenu au siège” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Décidés souverainement par l’organe d’administration, sur l'ensemble des actions que l'actionnaire a souscrit” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Excédent favorable du bilan déduction faite des frais généraux, des charges et amortissements, chaque action donne droit à une participation…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of May at 14:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Par lui-même ou par mandataire, actionnaire ou non, transmis à la société au plus tard cinq jours avant le jour de l'assemblée générale” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, le ou les administrateurs en fonction sont désignés comme liquidateur(s) en vertu des…” (deed in French)