Storm 52
ActiveSummary
Storm 52 has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€226,124) and a net result of -€75,800. Equity is shrinking by about 61% per year across the filed financial years. Its solvency ranks better than 5% of 2,545 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ontwikkelen,bouwen en exploiteren van hernieuwbare energieprojecten,projecten gerelateerd aan de energietransitie en projecten…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Het ontwikkelen,bouwen en exploiteren van hernieuwbare energieprojecten,projecten gerelateerd aan de energietransitie en projecten gerelateerd aan de elektrificatie van de samenleving.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Storm 52
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2:Zetel” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering die benoemt bepaalt aantal duur opdracht en indien meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs vermeld in oorspronkelijke bekendmaking of bij betwisting door deskundige, overdracht van effecten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of May at 15:45
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)