TEXOIL
ActiveSummary
TEXOIL has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,147 and a net result of €30,631. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 23% of 13,639 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Handel in brandstoffen; Uitbaten van tankstations; Uitbaten van shops; Uitbaten van carwashes; Groothandel in olie en smeermiddelen…” (deed in Dutch)
8 activities (deed in Dutch)
- Handel in brandstoffen.
- Uitbaten van tankstations.
- Uitbaten van shops.
- Uitbaten van carwashes.
- Groothandel in olie en smeermiddelen.
- Groothandel in vloeibare en gasvormige brandstoffen.
- Aankoop en verkoop van drank, tabak en alcohol.
- Handel in mineralen en grondstoffen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TEXOIL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, alle handelingen nodig of dienstig tot verwezenlijking van het voorwerp, tenzij bevoegdheid van de…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Elk aandeel deelt gelijk in de winst, binnen wettelijke grenzen, na balanstest en liquiditeitstest” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 18 June at 16:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Goederen in natura verdeeld op dezelfde wijze, algemene vergadering bepaalt wijze van vereffening overeenkomstig wettelijke bepalingen” (deed in Dutch)