TORQUE
ActiveSummary
TORQUE has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €581,042 and a net result of €154,510. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 41% of 1,299 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very 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.
- TORQUE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “9700 Oudenaarde, Berchemweg 35” (deed in Dutch)“Vlaams Gewest, kan bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Externe vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Alle…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bevoegdheden bestuursorgaan, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)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.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aan aandeelhouders worden certificaten afgegeven van inschrijvingen, overdrachten en overgangen hebben slechts uitwerking ten aanzien van…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 5 June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “In 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, vereffenaars” (deed in Dutch)