Summary
Totalwrapspecialists 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 €62,099 and a net result of €52,866. Its solvency ranks better than 30% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2024 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.
- Totalwrapspecialists
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
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, onbepaalde duur bij gebrek aan bepaling” (deed in Dutch)“Vergoeding bestuurders, algemene kosten los van representatie-reis-verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “1000, gelijk recht in winstverdeling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing tot ontbinding, besluit algemene vergadering in vormen statutenwijziging” (deed in Dutch)“37, overlijden enige aandeelhouder zonder erf-gerechtigden” (deed in Dutch)“Dag verdeling aandelen of tot afleveren legaten met betrekking tot aandelen, 38” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Betaling schulden of consignatie nodige gelden, naar evenredigheid zonder onderscheid opeisbare en niet-opeisbare schulden onder aftrek…” (deed in Dutch)