WAF
ActiveSummary
WAF has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of -€26,086. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 48% of 1,238 sector peers (NACE 25, 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.
- WAF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Afzonderlijk besluit of overeenkomst, algemene vergadering” (deed in Dutch)“Kennisgeving, redelijkerwijze in vervanging kan worden voorzien” (deed in Dutch)“Één enkele bestuurder,al dan niet in statuten benoemd,tenzij meerdere bestuurders dan collegiaal bestuursorgaan raad van bestuur genoemd” (deed in Dutch)“In naam en voor rekening van rechtspersoon, natuurlijke of rechtspersonen,al of niet aandeelhouders” (deed in Dutch)“Gewone algemene vergadering in boekjaar waarin mandaat volgens benoemingsbesluit verstrijkt,tenzij benoemingsbesluit anders bepaalt…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of March at 13:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “ONTBINDING-VEREFFENING-VERDELING LIQUIDATIESALDO, commissaris indien benoemd” (deed in Dutch)