SWMC
ActiveSummary
SWMC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,139 and a net result of €82,092. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 18% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
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.
- SWMC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, par simple décision de l’organe d’administration,des sièges administratifs,d'exploitation,agences et succursales en…” (deed in French)
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.
- “1, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tenus de solliciter l'agrément selon mêmes formalités s'ils ne deviennent pas de plein droit actionnaires, libre de céder tout ou partie…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of May
Oversight and winding up
- 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.
- “Dissolution pour quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)