WESTA
ActiveSummary
WESTA has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,982 and a net result of -€12,255. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 22% of 13,639 sector peers (NACE 46, 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.
- WESTAVolledige en afgekorte benaming kunnen samen of afzonderlijk gebruikt worden
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of buitenland” (deed in Dutch)
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.
- “Bestuursorgaan, een of meer bestuurders” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft kopers naar evenredigheid aantal, zelfde formaliteiten indien geen aandeelhouder van rechtswege” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Overblijvende eerst aan andere aandeelhouders die recht volledig uitoefenden tot geplaatst of geen gebruik, personen waaraan volgens wet…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 15. Controle van de vennootschap. Wanneer het door de wet vereist is en binnen de wettelijke grenzen, wordt het toezicht op de…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, kan op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Behoudens toepassing procedure in één akte en indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)