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SOWATECHNICS

Active
Private limited companyfounded 1995active for 31 yearsTier d'Acneye (Petithan) 10, 6940 Durbuy, BelgiumKBO/BCE: BE 0454.418.373
Summary

The computed 12-month bankruptcy probability of SOWATECHNICS is 1.7% (moderate). The 2024 annual accounts show equity of €137,624 and a net result of €53,512. Equity is growing by about 56% per year across the filed financial years. Its solvency ranks better than 69% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

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SOWATECHNICSActiveChecked score 57/100
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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.
SOWATECHNICS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, 6940 Durbuy(Petithan),Tier d’Acneye 10” (deed in French)

deed of 29-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11.- Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Organe administration, Article 10” (deed in French)

deed of 29-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, Article 8” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Prix offert candidat, cessions transmissions a tiers volontaire forcee entre vifs cause mort onereux gratuit usufruit nue-propriete pleine…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 29-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of May at 18:00

deed of 29-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 29-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Assemblée générale électronique, 17” (deed in French)
Other provision: “Admission à l'assemblée générale, 18” (deed in French)
Other provision: “Délibérations-vote, 20” (deed in French)
Other provision: “Répartition-réserves, 23” (deed in French)
Other provision: “Droit commun, 29” (deed in French)
Other provision: “Remuneration administrateurs, Article 12” (deed in French)
Other provision: “Seul ou conjointement fixe par organe, gestion journaliere” (deed in French)
Other provision: “Controle societe, Article 14” (deed in French)
Other provision: “Unanimite ecrit pour pouvoirs assemblee sauf acte authentique, limites loi” (deed in French)
9 more provisions in the deed, see the deed of 29-12-2023

deed of 29-12-2023

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