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UPM

Active
Public limited companyfounded 1969active for 57 yearsKatwilgweg 2, 2050 Antwerpen, Belgium22 active companies are registered at this addressKBO/BCE: BE 0406.082.778
Summary

UPM has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €111,240. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 66% of 6,063 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
UPMActiveChecked score 56/100
Risk analysis ReportCompare

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.
UPM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, 2050 Antwerpen, Katwilgweg 2” (deed in Dutch)

deed of 05-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Two directors jointly
Board ruleHow the board is made up, meets and takes decisions.
“3” (deed in Dutch)

deed of 22-07-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 10:00

deed of 05-12-2023

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

Other provision: “Aanleggen van reserves, verdeling van winst en saldo na vereffening, procedure voorzien door artikel 2:80 van het Wetboek van…” (deed in Dutch)
Other provision: “Bevoegdheden enige bestuurder, geheel bestuursbevoegdheden” (deed in Dutch)
Other provision: “Salaris-tantièmes, (...)” (deed in Dutch)
Other provision: “Dagelijks bestuur-bijzondere volmachten bij enige bestuurder, binnen perken volmacht” (deed in Dutch)
Other provision: “Toelating algemene vergadering-stemrecht-besluitvorming, alleen geldig besluiten als regelmatig samengeroepen,of als alle aandeelhouders…” (deed in Dutch)
5 more provisions in the deed, see the deed of 05-12-2023

deed of 05-12-2023

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