WALUNG
ActiveSummary
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)
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
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)
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
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)