SOVAPLASTICS
ActiveSummary
SOVAPLASTICS has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €30,263, of which €22,500 non-recurring income. Equity is growing by about 8.5% per year across the filed financial years. Its solvency ranks better than 40% of 229 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vervaardiging van diverse artikelen in kunststof; Vervaardigen van vorm (in de ruimste zin van het woord); Aan en verkoop van verschillende…” (deed in Dutch)
4 activities (deed in Dutch)
- Vervaardiging van diverse artikelen in kunststof
- Vervaardigen van vorm (in de ruimste zin van het woord)
- Aan en verkoop van verschillende artikelen in kunststof en metaal,zowel de grondstof ervan alsmede het afgewerkt product
- Presteren van alle mogelijke handelingen die kunnen verband houden met wat voorafgaat,dit alles in de ruimste zin van het woord
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SOVAPLASTICS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Geen wijziging taalregime, Vlaams Gewest” (deed in Dutch)
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.
- “Bestuursorgaan, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)2 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 16:00