SWATERBACK
ActiveSummary
The computed 12-month bankruptcy probability of SWATERBACK is 2.6% (moderate). The 2025 annual accounts show negative equity (-€41,138) and a net result of €20,552, of which €13,861 non-recurring income. Its solvency ranks better than 18% of 4,752 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- SWATERBACK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peut établir des sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Chacun des administrateurs est nommé jusqu’à révocation et peut engager seul et valablement la société sans limitation de sommes. Leur…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, avec ou sans limitation de durée” (deed in French)“Pouvoirs de l'organe d'administration, actes réservés à l'assemblée générale par la loi et les statuts” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Chaque action donne un droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)“Nominatives, peut être tenu en la forme électronique” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Droit de préemption, Les Actionnaires B donnent un mandat inconditionnel et irrévocable aux Actionnaires A, chacun pouvant agir seul” (deed in French)“Retrait et exclusion des actionnaires de classe B” (deed in French)“Interdiction de gage, de gager leurs Actions” (deed in French)“Inaliénabilité temporaire, 31-12-2025” (deed in French)2 more provisions on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Toutefois en cas d’émission d’actions d’une nouvelle classe, le droit de préférence revient à tous les actionnaires existants, quelle que…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 10:00
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.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed