SAWASH
Active Risk: not assessedSummary
SAWASH is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Service des laveries automatiques en libre-service; Traitement (ramassage, lavage, repassage, livraison à domicile, etc) du linge à une…” (deed in French)
3 activities (deed in French)
- Service des laveries automatiques en libre-service
- Traitement (ramassage, lavage, repassage, livraison à domicile, etc) du linge à une échelle non industrielle et nettoyage d’articles d’habillement pour le compte de particuliers
- Exploitants de magasins-dépôts qui n'exercent aucune activité ayant trait au lavage ou nettoyage mais qui confient le traitement du linge et le nettoyage des vêtements aux laveries et blanchisseries industrielles
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SAWASH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales en Belgique ou à l'étranger par simple décision de l'organe…” (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.
- “L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement, Cette rémunération sera portée aux frais généraux…” (deed in French)“1” (deed in French)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Titulaires peuvent prendre connaissance, nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Les dispositions du présent article sont applicables dans tous les cas de cessions entre vifs, soit à titre onéreux, soit à titre gratuit…” (deed in French)“Entre vifs ou cause de mort sans agrément” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Chaque action confère un droit égal dans la répartition des bénéfices, l'organe d'administration est autorisé à décider le paiement des…” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 11:00
- Meeting ruleHow the company's meetings are run.
- 2 provisions in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Valable pour chaque assemblée générale suivante traitant des mêmes points de l'ordre du jour, sauf cession des actions, 3 jours avant…” (deed in French)1 more provision on this in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “L'assemblée générale peut désigner un ou plusieurs liquidateurs et déterminer leurs pouvoirs et émoluments, le ou les administrateurs en…” (deed in French)