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WALUNG

Active
Private limited companyfounded 2022active for 4 yearsChemin des Pélerins(MSA) 6, 7542 Tournai, BelgiumKBO/BCE: BE 0787.574.276
Summary

WALUNG has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,780) and a net result of -€1,091. Equity is shrinking by about 41% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (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.
WALUNG
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Wallonne” (deed in French)

deed of 27-06-2022

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.
“Avec ou sans limitation, sans limitation durée” (deed in French)
“Fixe ou proportionnelle, assemblée générale” (deed in French)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 27-06-2022

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre actions nominatives avec mentions requises Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“6, entre vifs onéreux ou gratuit volontaires ou forcées exclusion retrait en usufruit nue-propriété ou pleine propriété actions ou titres…” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Répartition bénéfices et produits liquidation, apports” (deed in French)

deed of 27-06-2022

Meetings and financial year

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

deed of 27-06-2022

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“En tout temps, Article 24” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Article 25, pour quelque cause et à quelque moment que ce soit” (deed in French)

deed of 27-06-2022

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

Other provision: “Appels de fonds, un mois par lettre recommandée” (deed in French)
Other provision: “Droit de préférence apport numéraire, ouverture souscription” (deed in French)
Other provision: “Indivisibilité titres, exercice vote suspendu jusqu'à désignation seule personne titulaire droit vote à égard société” (deed in French)
Other provision: “Trois ans, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission à l'assemblée générale, Article 18” (deed in French)
Other provision: “Séances-procès-verbaux, Article 19” (deed in French)
Other provision: “Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite…” (deed in French)
Other provision: “Organe d'administration, trois semaines” (deed in French)
Other provision: “Répartition-réserves, Article 23” (deed in French)
Liquidation distribution: “Article 26, actif net réparti entre tous actionnaires en proportion de leurs actions et biens conservés remis pour être partagés dans la…” (deed in French)
Other provision: “Élection de domicile, Article 27” (deed in French)
Other provision: “Tribunaux du siège, compétence exclusive, compétence judiciaire” (deed in French)
Other provision: “Droit commun, Article 29” (deed in French)
2 more provisions in the deed, see the deed of 27-06-2022

deed of 27-06-2022