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THIMAVA

Active Risk: not assessed
Private limited companyfounded 2008active for 18 yearsMellenstraat 50, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0899.715.085
Summary

THIMAVA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.6m and a net result of €231,527. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 45% of 9,718 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
THIMAVA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 18-10-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering die benoemt bepaalt aantal duur opdracht en indien meerdere bestuurders bevoegdheid, met of zonder beperking van duur” (deed in Dutch)
“Kan vertrekvergoeding en/of opzeggingstermijn toekennen, herroepbaar ad nutum bij besluit algemene vergadering” (deed in Dutch)

deed of 18-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 16:00

deed of 18-10-2023

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

Other provision: “Bevoegdheden bestuursorgaan, bijzondere lasthebbers verbinden vennootschap binnen perken verleende volmacht” (deed in Dutch)
Other provision: “Elke aandeelhouder kan ieder ander persoon schriftelijke volmacht geven met alle middelen van overdracht, beraadslagingen algemene…” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura op zelfde wijze verdeeld, na aanzuivering schulden,lasten,kosten vereffening of consignatie nodige sommen” (deed in Dutch)
1 more provision in the deed, see the deed of 18-10-2023

deed of 18-10-2023