SOMAGRI
ActiveSummary
The computed 12-month bankruptcy probability of SOMAGRI is 2.1% (moderate). The 2025 annual accounts show equity of €355,403 and a net result of €351,436. Its solvency ranks better than 25% of 12,686 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le commerce(achat,vente,importation,exportation,représentation,commission,courtage et autre),la fabrication,la…” (deed in French)
Text of the purpose (deed in French)
“Le commerce(achat,vente,importation,exportation,représentation,commission,courtage et autre),la fabrication,la transformation,l’entreposage,le conditionnement sous toutes ses formes des articles suivants:Grains,semences,engrais,aliments pour bestiaux,produits phytopharmaceutiques et d’une manière générale de toutes matières premières,tous produits,matériels et outillage pour l’agriculture et l’horticulture,de même que pour tous articles de quincaillerie,outillage électrique,vêtements,jouets,rangement,pêche et de chasse.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOMAGRI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, nombre,durée mandat,en cas pluralité pouvoirs” (deed in French)“Frais représentation,voyages,déplacements, frais généraux” (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 relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs ou transmission pour cause de décès, selon article 5:63 du Code des Sociétés et des Associations” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, désigner liquidateurs,déterminer pouvoirs et émoluments” (deed in French)