WAM
ActiveSummary
WAM has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€143,736. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 33% of 9,770 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De groothandel en klein-handel,de bewerking en de afwerking van alle vleeswaren,alsmede alle nijver-heidsverrichtingen,handelszaken en…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“De groothandel en klein-handel,de bewerking en de afwerking van alle vleeswaren,alsmede alle nijver-heidsverrichtingen,handelszaken en verhandelingen van financiële aard die zich rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WAM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan bij eenvoudige beslissing” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, overblijvende bestuurders” (deed in Dutch)“Oproepingsbrief,bij gebrek zetel, belang vennootschap vereist” (deed in Dutch)“Tenminste helft aanwezig of vertegenwoordigd, voorstel verworpen” (deed in Dutch)“Bijzonder register, ten minste twee bestuurders” (deed in Dutch)“Alle handelingen nodig of dienstig voor voorwerp, wet of statuten alleen AV bevoegd” (deed in Dutch)“Niet bezoldigd, andersluidende beslissing algemene vergadering” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onder levenden of bij overlijden, vrij” (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 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer, bestuursorgaan in functie als college van vereffenaars” (deed in Dutch)“Alle verrichtingen vermeld in de wet, algemene vergadering bij gewone meerderheid” (deed in Dutch)